Kusters Company: what changed
Two financial 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.
Kusters Company
Largest movements
- Tangible fixed assets -€20,460
down €20,460 (-63.6%), from €32,155 to €11,695
- Cash -€5,559
down €5,559 (-95.4%), from €5,827 to €267
mainly Net result for the year (-€26,176) and Tax, wage and social debts (-€2,671)
- Receivables within one year -€4,142
down €4,142 (-11.4%), from €36,311 to €32,169
of which Other amounts receivable: -€3,092
- Reserves -€26,176
down €26,176 (-42.6%), from €61,455 to €35,278
- Tax, wage and social debts -€2,671
down €2,671 (-30.8%), from €8,676 to €6,005
of which Taxes: -€5,764
- Trade debts -€1,254
down €1,254 (-55.2%), from €2,270 to €1,017
- Gross operating margin +€11,412
up €11,412 (+64.2%), from -€17,788 to -€6,376
- Financial charges -€415
down €415 (-42.1%), from €984 to €569
- Other operating charges +€372
up €372 (+72.4%), from €513 to €885
- Taxes -€221
no longer reported in 2025 (was €221)
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 | €75,401 | €45,300 | -€30,101 | -39.9% |
| Fixed assets | 21/28 | €32,155 | €11,695 | -€20,460 | -63.6% |
| Tangible fixed assets | 22/27 | €32,155 | €11,695 | -€20,460 | -63.6% |
| Furniture and vehicles | 24 | €32,155 | €11,695 | -€20,460 | -63.6% |
| Current assets | 29/58 | €43,246 | €33,605 | -€9,640 | -22.3% |
| Amounts receivable within one year | 40/41 | €36,311 | €32,169 | -€4,142 | -11.4% |
| Trade receivables | 40 | €1,490 | €440 | -€1,050 | -70.4% |
| Other amounts receivable | 41 | €34,821 | €31,729 | -€3,092 | -8.9% |
| Cash at bank and in hand | 54/58 | €5,827 | €267 | -€5,559 | -95.4% |
| Deferred charges and accrued income | 490/1 | €1,108 | €1,169 | +€60 | +5.5% |
| Total equity and liabilities | 10/49 | €75,401 | €45,300 | -€30,101 | -39.9% |
| Equity | 10/15 | €64,455 | €38,278 | -€26,176 | -40.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €61,455 | €35,278 | -€26,176 | -42.6% |
| Distributable reserves | 133 | €61,455 | €35,278 | -€26,176 | -42.6% |
| Amounts payable | 17/49 | €10,946 | €7,022 | -€3,925 | -35.9% |
| Amounts payable within one year | 42/48 | €10,946 | €7,022 | -€3,925 | -35.9% |
| Trade debts | 44 | €2,270 | €1,017 | -€1,254 | -55.2% |
| Suppliers | 440/4 | €2,270 | €1,017 | -€1,254 | -55.2% |
| Taxes, remuneration and social security | 45 | €8,676 | €6,005 | -€2,671 | -30.8% |
| Taxes | 450/3 | €5,843 | €79 | -€5,764 | -98.7% |
| Remuneration and social security | 454/9 | €2,833 | €5,926 | +€3,093 | +109.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,460 | €20,460 | = | 0.0% |
| Other operating charges | 640/8 | €513 | €885 | +€372 | +72.4% |
| Gross operating margin | 9900 | -€17,788 | -€6,376 | +€11,412 | +64.2% |
| Operating profit (loss) | 9901 | -€38,762 | -€27,721 | +€11,040 | +28.5% |
| Financial income | 75/76B | €2,042 | €2,115 | +€73 | +3.6% |
| Recurring financial income | 75 | €2,042 | €2,115 | +€73 | +3.6% |
| Financial charges | 65/66B | €984 | €569 | -€415 | -42.1% |
| Recurring financial charges | 65 | €984 | €569 | -€415 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | -€37,704 | -€26,176 | +€11,528 | +30.6% |
| Income taxes | 67/77 | €221 | - | -€221 | |
| Profit (loss) for the period | 9904 | -€37,925 | -€26,176 | +€11,749 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,925 | -€26,176 | +€11,749 | +31.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.