KASPERS TECHNICS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KASPERS TECHNICS
Largest movements
- Stocks and contracts -€364,187
down €364,187 (-38.8%), from €939,802 to €575,615
of which Contracts in progress: -€336,167
- Receivables within one year -€218,868
down €218,868 (-27.6%), from €793,993 to €575,125
of which Other amounts receivable: -€196,893
- Tangible fixed assets -€116,881
down €116,881 (-12.3%), from €952,430 to €835,549
of which Furniture and vehicles: -€61,044
- Deferred charges and accrued income -€85,138
down €85,138 (-89.2%), from €95,422 to €10,284
- Trade debts -€283,093
down €283,093 (-33.8%), from €837,507 to €554,414
- Tax, wage and social debts -€281,145
down €281,145 (-48.8%), from €576,084 to €294,939
of which Taxes: -€146,002
- Other debts -€247,269
down €247,269 (-92.9%), from €266,169 to €18,900
- Debts after one year -€94,347
down €94,347 (-40.5%), from €232,969 to €138,623
- Profit (loss) carried forward +€80,862
up €80,862 (+32.9%), from €246,073 to €326,934
- Staff costs -€308,936
down €308,936 (-20.7%), from €1.5m to €1.2m
- Other operating charges -€71,792
down €71,792 (-82.4%), from €87,165 to €15,372
- Gross operating margin -€46,590
down €46,590 (-2.9%), from €1.6m to €1.6m
- Financial charges +€39,924
up €39,924 (+27.8%), from €143,850 to €183,774
- Financial income -€17,993
down €17,993 (-45.8%), from €39,305 to €21,312
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,838,174 | €3,081,111 | -€757,064 | -19.7% |
| Fixed assets | 21/28 | €952,430 | €835,549 | -€116,881 | -12.3% |
| Tangible fixed assets | 22/27 | €952,430 | €835,549 | -€116,881 | -12.3% |
| Land and buildings | 22 | €677,731 | €632,587 | -€45,145 | -6.7% |
| Plant, machinery and equipment | 23 | €22,966 | €12,274 | -€10,692 | -46.6% |
| Furniture and vehicles | 24 | €251,733 | €190,689 | -€61,044 | -24.2% |
| Current assets | 29/58 | €2,885,744 | €2,245,561 | -€640,183 | -22.2% |
| Amounts receivable after more than one year | 29 | €1,030,000 | €1,030,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,030,000 | €1,030,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €939,802 | €575,615 | -€364,187 | -38.8% |
| Stocks | 30/36 | €487,600 | €459,580 | -€28,020 | -5.7% |
| Contracts in progress | 37 | €452,202 | €116,035 | -€336,167 | -74.3% |
| Amounts receivable within one year | 40/41 | €793,993 | €575,125 | -€218,868 | -27.6% |
| Trade receivables | 40 | €443,189 | €421,214 | -€21,975 | -5.0% |
| Other amounts receivable | 41 | €350,804 | €153,911 | -€196,893 | -56.1% |
| Cash at bank and in hand | 54/58 | €26,527 | €54,537 | +€28,010 | +105.6% |
| Deferred charges and accrued income | 490/1 | €95,422 | €10,284 | -€85,138 | -89.2% |
| Total equity and liabilities | 10/49 | €3,838,174 | €3,081,111 | -€757,064 | -19.7% |
| Equity | 10/15 | €380,707 | €461,569 | +€80,862 | +21.2% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €106,635 | €106,635 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €106,635 | €106,635 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,073 | €326,934 | +€80,862 | +32.9% |
| Amounts payable | 17/49 | €3,457,467 | €2,619,541 | -€837,925 | -24.2% |
| Amounts payable after more than one year | 17 | €232,969 | €138,623 | -€94,347 | -40.5% |
| Financial debts | 170/4 | €232,969 | €138,623 | -€94,347 | -40.5% |
| Amounts payable within one year | 42/48 | €3,224,498 | €2,472,165 | -€752,333 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €95,638 | €94,347 | -€1,291 | -1.4% |
| Financial debts | 43 | €1,303,868 | €1,302,416 | -€1,452 | -0.1% |
| Credit institutions | 430/8 | €1,303,868 | €1,302,416 | -€1,452 | -0.1% |
| Trade debts | 44 | €837,507 | €554,414 | -€283,093 | -33.8% |
| Suppliers | 440/4 | €837,507 | €554,414 | -€283,093 | -33.8% |
| Advances received on contracts in progress | 46 | €145,232 | €207,149 | +€61,917 | +42.6% |
| Taxes, remuneration and social security | 45 | €576,084 | €294,939 | -€281,145 | -48.8% |
| Taxes | 450/3 | €179,919 | €33,917 | -€146,002 | -81.1% |
| Remuneration and social security | 454/9 | €396,165 | €261,022 | -€135,143 | -34.1% |
| Other amounts payable | 47/48 | €266,169 | €18,900 | -€247,269 | -92.9% |
| Accrued charges and deferred income | 492/3 | €0 | €8,754 | +€8,754 | |
| Non-recurring operating income | 76A | €8,950 | €0 | -€8,950 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,493,126 | €1,184,190 | -€308,936 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,995 | €122,261 | +€16,266 | +15.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11 | €0 | +€11 | |
| Other operating charges | 640/8 | €87,165 | €15,372 | -€71,792 | -82.4% |
| Non-recurring operating charges | 66A | €18,375 | €0 | -€18,375 | -100.0% |
| Gross operating margin | 9900 | €1,612,563 | €1,565,972 | -€46,590 | -2.9% |
| Operating profit (loss) | 9901 | -€92,088 | €244,149 | +€336,236 | |
| Financial income | 75/76B | €39,305 | €21,312 | -€17,993 | -45.8% |
| Recurring financial income | 75 | €39,305 | €21,312 | -€17,993 | -45.8% |
| Financial charges | 65/66B | €143,850 | €183,774 | +€39,924 | +27.8% |
| Recurring financial charges | 65 | €143,850 | €183,774 | +€39,924 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | -€196,633 | €81,686 | +€278,320 | |
| Income taxes | 67/77 | €868 | €825 | -€43 | -5.0% |
| Profit (loss) for the period | 9904 | -€197,501 | €80,862 | +€278,363 | |
| Transfer from tax-exempt reserves | 789 | €40,768 | €0 | -€40,768 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€156,733 | €80,862 | +€237,595 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.