Kusfors: 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.
Kusfors
Largest movements
- Cash +€224,015
up €224,015 (+462.4%), from €48,449 to €272,463
mainly Receivables within one year (+€120,753) and Net result for the year (+€104,185)
- Receivables within one year -€120,753
down €120,753 (-84.7%), from €142,486 to €21,733
of which Trade receivables: -€142,450
- Tangible fixed assets -€9,854
down €9,854 (-84.2%), from €11,708 to €1,853
- Profit (loss) carried forward +€104,235
up €104,235 (+131.2%), from €79,443 to €183,678
- Trade debts -€24,725
down €24,725 (-87.3%), from €28,318 to €3,593
- Other debts +€9,607
up €9,607 (+20.8%), from €46,183 to €55,790
- Tax, wage and social debts +€3,393
up €3,393 (+8.2%), from €41,219 to €44,612
of which Remuneration and social security: +€15,000
- Gross operating margin +€34,347
up €34,347 (+28.7%), from €119,600 to €153,947
- Taxes +€8,777
up €8,777 (+29.6%), from €29,612 to €38,389
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 | €216,171 | €309,652 | +€93,481 | +43.2% |
| Fixed assets | 21/28 | €25,236 | €15,382 | -€9,854 | -39.0% |
| Tangible fixed assets | 22/27 | €11,708 | €1,853 | -€9,854 | -84.2% |
| Furniture and vehicles | 24 | €11,708 | €1,853 | -€9,854 | -84.2% |
| Financial fixed assets | 28 | €13,529 | €13,529 | = | 0.0% |
| Current assets | 29/58 | €190,935 | €294,270 | +€103,335 | +54.1% |
| Amounts receivable within one year | 40/41 | €142,486 | €21,733 | -€120,753 | -84.7% |
| Trade receivables | 40 | €142,450 | - | -€142,450 | |
| Other amounts receivable | 41 | €36 | €21,733 | +€21,697 | +60120.0% |
| Cash at bank and in hand | 54/58 | €48,449 | €272,463 | +€224,015 | +462.4% |
| Deferred charges and accrued income | 490/1 | - | €73 | +€73 | |
| Total equity and liabilities | 10/49 | €216,171 | €309,652 | +€93,481 | +43.2% |
| Equity | 10/15 | €99,903 | €204,138 | +€104,235 | +104.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,443 | €183,678 | +€104,235 | +131.2% |
| Amounts payable | 17/49 | €116,267 | €105,514 | -€10,754 | -9.2% |
| Amounts payable within one year | 42/48 | €115,720 | €103,995 | -€11,726 | -10.1% |
| Trade debts | 44 | €28,318 | €3,593 | -€24,725 | -87.3% |
| Suppliers | 440/4 | €28,318 | €3,593 | -€24,725 | -87.3% |
| Taxes, remuneration and social security | 45 | €41,219 | €44,612 | +€3,393 | +8.2% |
| Taxes | 450/3 | €41,219 | €29,612 | -€11,607 | -28.2% |
| Remuneration and social security | 454/9 | - | €15,000 | +€15,000 | |
| Other amounts payable | 47/48 | €46,183 | €55,790 | +€9,607 | +20.8% |
| Accrued charges and deferred income | 492/3 | €547 | €1,519 | +€972 | +177.5% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,744 | €11,101 | -€643 | -5.5% |
| Other operating charges | 640/8 | - | €14 | +€14 | |
| Gross operating margin | 9900 | €119,600 | €153,947 | +€34,347 | +28.7% |
| Operating profit (loss) | 9901 | €107,857 | €142,832 | +€34,975 | +32.4% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €142 | €270 | +€128 | +90.5% |
| Recurring financial charges | 65 | €142 | €270 | +€128 | +90.5% |
| Profit (loss) for the period before taxes | 9903 | €107,715 | €142,574 | +€34,859 | +32.4% |
| Income taxes | 67/77 | €29,612 | €38,389 | +€8,777 | +29.6% |
| Profit (loss) for the period | 9904 | €78,103 | €104,185 | +€26,082 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,103 | €104,185 | +€26,082 | +33.4% |
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 2 October 2026 via checked.be.