KASSEROL: 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.
KASSEROL
Largest movements
- Tangible fixed assets -€23,103
down €23,103 (-10.5%), from €220,540 to €197,437
of which Plant, machinery and equipment: -€13,359
- Receivables within one year +€5,655
up €5,655 (+14.2%), from €39,710 to €45,365
of which Trade receivables: +€6,429
- Cash +€2,731
up €2,731 (+1660.7%), from €164 to €2,895
mainly Other debts (+€30,097) and Depreciation (+€29,202)
- Other debts +€30,097
up €30,097 (+8.8%), from €343,636 to €373,733
- Debts after one year -€25,394
down €25,394 (-12.6%), from €200,769 to €175,375
- Profit (loss) carried forward -€22,097
down €22,097 (-6.7%), from -€328,308 to -€350,405
- Trade debts +€2,941
up €2,941 (+125.6%), from €2,341 to €5,282
- Gross operating margin +€21,623
up €21,623, from -€4,623 to €17,000
- Depreciation +€2,149
up €2,149 (+7.9%), from €27,053 to €29,202
- Financial charges +€1,720
up €1,720 (+32.7%), from €5,266 to €6,986
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 | €268,505 | €253,970 | -€14,536 | -5.4% |
| Fixed assets | 21/28 | €227,340 | €204,237 | -€23,103 | -10.2% |
| Tangible fixed assets | 22/27 | €220,540 | €197,437 | -€23,103 | -10.5% |
| Land and buildings | 22 | €152,455 | €142,332 | -€10,123 | -6.6% |
| Plant, machinery and equipment | 23 | €57,580 | €44,221 | -€13,359 | -23.2% |
| Furniture and vehicles | 24 | €10,505 | €10,884 | +€379 | +3.6% |
| Financial fixed assets | 28 | €6,800 | €6,800 | = | 0.0% |
| Current assets | 29/58 | €41,165 | €49,733 | +€8,567 | +20.8% |
| Amounts receivable within one year | 40/41 | €39,710 | €45,365 | +€5,655 | +14.2% |
| Trade receivables | 40 | €218 | €6,646 | +€6,429 | +2951.6% |
| Other amounts receivable | 41 | €39,492 | €38,719 | -€773 | -2.0% |
| Cash at bank and in hand | 54/58 | €164 | €2,895 | +€2,731 | +1660.7% |
| Deferred charges and accrued income | 490/1 | €1,291 | €1,472 | +€181 | +14.0% |
| Total equity and liabilities | 10/49 | €268,505 | €253,970 | -€14,536 | -5.4% |
| Equity | 10/15 | -€306,308 | -€328,405 | -€22,097 | -7.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€328,308 | -€350,405 | -€22,097 | -6.7% |
| Amounts payable | 17/49 | €574,813 | €582,375 | +€7,561 | +1.3% |
| Amounts payable after more than one year | 17 | €200,769 | €175,375 | -€25,394 | -12.6% |
| Financial debts | 170/4 | €200,769 | €175,375 | -€25,394 | -12.6% |
| Amounts payable within one year | 42/48 | €374,044 | €407,000 | +€32,956 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €24,238 | €25,394 | +€1,156 | +4.8% |
| Trade debts | 44 | €2,341 | €5,282 | +€2,941 | +125.6% |
| Suppliers | 440/4 | €2,341 | €5,282 | +€2,941 | +125.6% |
| Taxes, remuneration and social security | 45 | €3,830 | €2,591 | -€1,239 | -32.3% |
| Taxes | 450/3 | €3,830 | €2,591 | -€1,239 | -32.3% |
| Other amounts payable | 47/48 | €343,636 | €373,733 | +€30,097 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,053 | €29,202 | +€2,149 | +7.9% |
| Other operating charges | 640/8 | €2,743 | €2,662 | -€81 | -2.9% |
| Gross operating margin | 9900 | -€4,623 | €17,000 | +€21,623 | |
| Operating profit (loss) | 9901 | -€34,419 | -€14,864 | +€19,554 | +56.8% |
| Financial charges | 65/66B | €5,266 | €6,986 | +€1,720 | +32.7% |
| Recurring financial charges | 65 | €5,266 | €6,986 | +€1,720 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,685 | -€21,850 | +€17,834 | +44.9% |
| Income taxes | 67/77 | €250 | €247 | -€4 | -1.4% |
| Profit (loss) for the period | 9904 | -€39,935 | -€22,097 | +€17,838 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,935 | -€22,097 | +€17,838 | +44.7% |
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.