KASSYMO: 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.
KASSYMO
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€227,924
down €227,924 (-41.0%), from €556,114 to €328,190
mainly Contributions, distributions and other (-€636,500) and Current investments (-€300,000)
- Tangible fixed assets -€76,717
down €76,717 (-3.2%), from €2.4m to €2.3m
of which Land and buildings: -€67,857
- Reserves -€623,041
down €623,041 (-25.7%), from €2.4m to €1.8m
of which Distributable reserves: -€623,041
- Other debts +€591,660
up €591,660 (+137.2%), from €431,380 to €1.0m
- Taxes +€9,235
up €9,235 (+308.6%), from €2,993 to €12,228
- Gross operating margin +€7,835
up €7,835 (+4.6%), from €171,133 to €178,969
- Financial charges -€4,499
down €4,499 (-12.9%), from €34,907 to €30,408
- Depreciation -€2,179
down €2,179 (-2.1%), from €102,955 to €100,776
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 | €2,958,466 | €2,945,203 | -€13,263 | -0.4% |
| Fixed assets | 21/28 | €2,364,609 | €2,287,891 | -€76,717 | -3.2% |
| Tangible fixed assets | 22/27 | €2,364,609 | €2,287,891 | -€76,717 | -3.2% |
| Land and buildings | 22 | €2,245,467 | €2,177,609 | -€67,857 | -3.0% |
| Plant, machinery and equipment | 23 | €8,368 | €4,194 | -€4,174 | -49.9% |
| Furniture and vehicles | 24 | €96,466 | €70,612 | -€25,854 | -26.8% |
| Other tangible fixed assets | 26 | €14,308 | €35,476 | +€21,168 | +148.0% |
| Current assets | 29/58 | €593,857 | €657,312 | +€63,455 | +10.7% |
| Amounts receivable within one year | 40/41 | €37,743 | €29,122 | -€8,621 | -22.8% |
| Trade receivables | 40 | €10,890 | €14,267 | +€3,377 | +31.0% |
| Other amounts receivable | 41 | €26,853 | €14,855 | -€11,998 | -44.7% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €556,114 | €328,190 | -€227,924 | -41.0% |
| Total equity and liabilities | 10/49 | €2,958,466 | €2,945,203 | -€13,263 | -0.4% |
| Equity | 10/15 | €2,483,215 | €1,860,174 | -€623,041 | -25.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €2,421,242 | €1,798,201 | -€623,041 | -25.7% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €2,415,045 | €1,792,004 | -€623,041 | -25.8% |
| Amounts payable | 17/49 | €475,250 | €1,085,029 | +€609,778 | +128.3% |
| Amounts payable within one year | 42/48 | €450,942 | €1,063,943 | +€613,002 | +135.9% |
| Trade debts | 44 | €5,960 | €29,535 | +€23,575 | +395.6% |
| Suppliers | 440/4 | €5,960 | €29,535 | +€23,575 | +395.6% |
| Taxes, remuneration and social security | 45 | €13,602 | €11,368 | -€2,234 | -16.4% |
| Taxes | 450/3 | €13,050 | €10,817 | -€2,234 | -17.1% |
| Remuneration and social security | 454/9 | €552 | €552 | = | 0.0% |
| Other amounts payable | 47/48 | €431,380 | €1,023,040 | +€591,660 | +137.2% |
| Accrued charges and deferred income | 492/3 | €24,309 | €21,085 | -€3,223 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,955 | €100,776 | -€2,179 | -2.1% |
| Other operating charges | 640/8 | €24,305 | €25,168 | +€863 | +3.6% |
| Gross operating margin | 9900 | €171,133 | €178,969 | +€7,835 | +4.6% |
| Operating profit (loss) | 9901 | €43,873 | €53,025 | +€9,152 | +20.9% |
| Financial income | 75/76B | €1,486 | €3,070 | +€1,584 | +106.6% |
| Recurring financial income | 75 | €1,486 | €3,070 | +€1,584 | +106.6% |
| Financial charges | 65/66B | €34,907 | €30,408 | -€4,499 | -12.9% |
| Recurring financial charges | 65 | €34,907 | €30,408 | -€4,499 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €10,452 | €25,687 | +€15,234 | +145.8% |
| Income taxes | 67/77 | €2,993 | €12,228 | +€9,235 | +308.6% |
| Profit (loss) for the period | 9904 | €7,459 | €13,459 | +€6,000 | +80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,459 | €13,459 | +€6,000 | +80.4% |
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 1 October 2026 via checked.be.