KASTAN: 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.
KASTAN
Largest movements
- Receivables within one year -€7,500
no longer reported in 2025 (was €7,500)
- Current portion of long-term debt -€31,014
no longer reported in 2025 (was €31,014)
- Tax, wage and social debts +€15,484
up €15,484 (+96.7%), from €16,010 to €31,494
of which Taxes: +€8,487
- Other debts +€13,505
up €13,505 (+17.9%), from €75,452 to €88,957
- Advances received -€9,075
no longer reported in 2025 (was €9,075)
- Reserves +€3,881
up €3,881 (+5.6%), from €69,791 to €73,672
- Gross operating margin -€18,683
down €18,683 (-64.0%), from €29,204 to €10,521
- Taxes -€5,388
down €5,388 (-75.9%), from €7,100 to €1,713
- Financial charges +€1,156
up €1,156 (+42.9%), from €2,698 to €3,854
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 | €207,610 | €200,737 | -€6,873 | -3.3% |
| Fixed assets | 21/28 | €200,000 | €200,000 | = | 0.0% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €7,610 | €737 | -€6,873 | -90.3% |
| Amounts receivable within one year | 40/41 | €7,500 | - | -€7,500 | |
| Trade receivables | 40 | €7,500 | - | -€7,500 | |
| Cash at bank and in hand | 54/58 | €110 | €737 | +€627 | +569.3% |
| Total equity and liabilities | 10/49 | €207,610 | €200,737 | -€6,873 | -3.3% |
| Equity | 10/15 | €74,791 | €78,672 | +€3,881 | +5.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €69,791 | €73,672 | +€3,881 | +5.6% |
| Distributable reserves | 133 | €69,791 | €73,672 | +€3,881 | +5.6% |
| Amounts payable | 17/49 | €132,819 | €122,065 | -€10,754 | -8.1% |
| Amounts payable within one year | 42/48 | €132,432 | €122,003 | -€10,429 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €31,014 | - | -€31,014 | |
| Trade debts | 44 | €880 | €1,553 | +€672 | +76.4% |
| Suppliers | 440/4 | €880 | €1,553 | +€672 | +76.4% |
| Advances received on contracts in progress | 46 | €9,075 | - | -€9,075 | |
| Taxes, remuneration and social security | 45 | €16,010 | €31,494 | +€15,484 | +96.7% |
| Taxes | 450/3 | €16,010 | €24,497 | +€8,487 | +53.0% |
| Remuneration and social security | 454/9 | - | €6,996 | +€6,996 | |
| Other amounts payable | 47/48 | €75,452 | €88,957 | +€13,505 | +17.9% |
| Accrued charges and deferred income | 492/3 | €387 | €62 | -€325 | -84.0% |
| Other operating charges | 640/8 | €919 | €1,073 | +€154 | +16.7% |
| Gross operating margin | 9900 | €29,204 | €10,521 | -€18,683 | -64.0% |
| Operating profit (loss) | 9901 | €28,284 | €9,448 | -€18,837 | -66.6% |
| Financial charges | 65/66B | €2,698 | €3,854 | +€1,156 | +42.9% |
| Recurring financial charges | 65 | €2,698 | €3,854 | +€1,156 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | €25,587 | €5,594 | -€19,993 | -78.1% |
| Income taxes | 67/77 | €7,100 | €1,713 | -€5,388 | -75.9% |
| Profit (loss) for the period | 9904 | €18,486 | €3,881 | -€14,605 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,486 | €3,881 | -€14,605 | -79.0% |
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 5 October 2026 via checked.be.