KWASTJE: 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.
KWASTJE
Largest movements
- Receivables within one year +€64,683
up €64,683 (+85.0%), from €76,128 to €140,812
of which Other amounts receivable: +€51,109
- Tangible fixed assets -€51,850
down €51,850 (-60.5%), from €85,709 to €33,859
of which Leasing and similar rights: -€43,050
- Cash -€2,427
down €2,427 (-33.6%), from €7,226 to €4,799
mainly Receivables within one year (-€64,683) and Current portion of long-term debt (-€7,906)
- Profit (loss) carried forward +€12,215
up €12,215 (+19.8%), from €61,808 to €74,022
- Debts after one year +€8,275
up €8,275 (+15.6%), from €53,100 to €61,375
- Current portion of long-term debt -€7,906
down €7,906 (-39.8%), from €19,864 to €11,958
- Tax, wage and social debts -€1,942
down €1,942 (-14.8%), from €13,134 to €11,192
- Gross operating margin +€32,990
up €32,990 (+314%), from €10,491 to €43,481
- Other operating charges +€12,034
up €12,034 (+342%), from €3,514 to €15,549
- Depreciation -€8,740
down €8,740 (-44.5%), from €19,648 to €10,908
- Financial charges +€2,191
up €2,191 (+42.3%), from €5,180 to €7,371
- Financial income +€1,631
up €1,631 (+138%), from €1,179 to €2,810
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.
Derived cash bridge
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 | €169,063 | €180,719 | +€11,656 | +6.9% |
| Fixed assets | 21/28 | €85,709 | €33,859 | -€51,850 | -60.5% |
| Tangible fixed assets | 22/27 | €85,709 | €33,859 | -€51,850 | -60.5% |
| Furniture and vehicles | 24 | €32,307 | €23,508 | -€8,800 | -27.2% |
| Leasing and similar rights | 25 | €53,401 | €10,351 | -€43,050 | -80.6% |
| Current assets | 29/58 | €83,354 | €146,860 | +€63,506 | +76.2% |
| Amounts receivable within one year | 40/41 | €76,128 | €140,812 | +€64,683 | +85.0% |
| Trade receivables | 40 | €28,873 | €42,447 | +€13,574 | +47.0% |
| Other amounts receivable | 41 | €47,255 | €98,364 | +€51,109 | +108% |
| Cash at bank and in hand | 54/58 | €7,226 | €4,799 | -€2,427 | -33.6% |
| Deferred charges and accrued income | 490/1 | - | €1,250 | +€1,250 | |
| Total equity and liabilities | 10/49 | €169,063 | €180,719 | +€11,656 | +6.9% |
| Equity | 10/15 | €67,808 | €80,022 | +€12,215 | +18.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,808 | €74,022 | +€12,215 | +19.8% |
| Amounts payable | 17/49 | €101,255 | €100,696 | -€559 | -0.6% |
| Amounts payable after more than one year | 17 | €53,100 | €61,375 | +€8,275 | +15.6% |
| Financial debts | 170/4 | €53,100 | €61,375 | +€8,275 | +15.6% |
| Amounts payable within one year | 42/48 | €48,155 | €39,322 | -€8,834 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €19,864 | €11,958 | -€7,906 | -39.8% |
| Trade debts | 44 | €15,157 | €16,171 | +€1,015 | +6.7% |
| Suppliers | 440/4 | €15,157 | €16,171 | +€1,015 | +6.7% |
| Taxes, remuneration and social security | 45 | €13,134 | €11,192 | -€1,942 | -14.8% |
| Remuneration and social security | 454/9 | €13,134 | €11,192 | -€1,942 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,648 | €10,908 | -€8,740 | -44.5% |
| Other operating charges | 640/8 | €3,514 | €15,549 | +€12,034 | +342% |
| Gross operating margin | 9900 | €10,491 | €43,481 | +€32,990 | +314% |
| Operating profit (loss) | 9901 | -€12,671 | €17,024 | +€29,696 | |
| Financial income | 75/76B | €1,179 | €2,810 | +€1,631 | +138% |
| Recurring financial income | 75 | €1,179 | €2,810 | +€1,631 | +138% |
| Financial charges | 65/66B | €5,180 | €7,371 | +€2,191 | +42.3% |
| Recurring financial charges | 65 | €5,180 | €7,371 | +€2,191 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,672 | €12,464 | +€29,136 | |
| Income taxes | 67/77 | - | €249 | +€249 | |
| Profit (loss) for the period | 9904 | -€16,672 | €12,215 | +€28,887 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,672 | €12,215 | +€28,887 |
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 24 October 2026 via checked.be.