KASULA: 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.
KASULA
Largest movements
- Receivables within one year +€6,069
up €6,069 (+33.4%), from €18,146 to €24,215
of which Trade receivables: +€5,124
- Tangible fixed assets -€1,307
down €1,307 (-59.4%), from €2,201 to €894
- Cash -€444
down €444 (-14.1%), from €3,147 to €2,703
mainly Receivables within one year (-€6,069) and Trade debts (-€3,268)
- Other debts +€4,771
new in 2025: €4,771
- Trade debts -€3,268
down €3,268 (-23.3%), from €14,003 to €10,735
- Tax, wage and social debts +€1,468
up €1,468 (+169.9%), from €864 to €2,332
- Profit (loss) carried forward +€1,348
up €1,348 (+1061.3%), from €127 to €1,475
- Taxes +€1,248
new in 2025: €1,248
- Gross operating margin -€1,092
down €1,092 (-15.3%), from €7,117 to €6,025
- Staff costs +€799
new in 2025: €799
- Other operating charges +€265
up €265 (+311.8%), from €85 to €350
- Financial income -€210
down €210 (-84.8%), from €247 to €37
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 | €24,994 | €29,312 | +€4,318 | +17.3% |
| Fixed assets | 21/28 | €3,701 | €2,394 | -€1,307 | -35.3% |
| Tangible fixed assets | 22/27 | €2,201 | €894 | -€1,307 | -59.4% |
| Furniture and vehicles | 24 | €2,201 | €894 | -€1,307 | -59.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €21,293 | €26,919 | +€5,626 | +26.4% |
| Amounts receivable within one year | 40/41 | €18,146 | €24,215 | +€6,069 | +33.4% |
| Trade receivables | 40 | €14,606 | €19,730 | +€5,124 | +35.1% |
| Other amounts receivable | 41 | €3,540 | €4,486 | +€946 | +26.7% |
| Cash at bank and in hand | 54/58 | €3,147 | €2,703 | -€444 | -14.1% |
| Total equity and liabilities | 10/49 | €24,994 | €29,312 | +€4,318 | +17.3% |
| Equity | 10/15 | €10,127 | €11,475 | +€1,348 | +13.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127 | €1,475 | +€1,348 | +1061.3% |
| Amounts payable | 17/49 | €14,867 | €17,837 | +€2,970 | +20.0% |
| Amounts payable within one year | 42/48 | €14,867 | €17,837 | +€2,970 | +20.0% |
| Trade debts | 44 | €14,003 | €10,735 | -€3,268 | -23.3% |
| Suppliers | 440/4 | €14,003 | €10,735 | -€3,268 | -23.3% |
| Taxes, remuneration and social security | 45 | €864 | €2,332 | +€1,468 | +169.9% |
| Taxes | 450/3 | €864 | €2,332 | +€1,468 | +169.9% |
| Other amounts payable | 47/48 | - | €4,771 | +€4,771 | |
| Remuneration, social security and pensions | 62 | - | €799 | +€799 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,148 | €2,095 | -€53 | -2.5% |
| Other operating charges | 640/8 | €85 | €350 | +€265 | +311.8% |
| Gross operating margin | 9900 | €7,117 | €6,025 | -€1,092 | -15.3% |
| Operating profit (loss) | 9901 | €4,884 | €2,780 | -€2,104 | -43.1% |
| Financial income | 75/76B | €247 | €37 | -€210 | -84.8% |
| Recurring financial income | 75 | €247 | €37 | -€210 | -84.8% |
| Financial charges | 65/66B | €186 | €222 | +€36 | +19.4% |
| Recurring financial charges | 65 | €186 | €222 | +€36 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €4,945 | €2,595 | -€2,350 | -47.5% |
| Income taxes | 67/77 | - | €1,248 | +€1,248 | |
| Profit (loss) for the period | 9904 | €4,945 | €1,348 | -€3,597 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,945 | €1,348 | -€3,597 | -72.7% |
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 8 October 2026 via checked.be.