KASO CONCEPT: 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.
KASO CONCEPT
Largest movements
- Receivables within one year -€247,232
down €247,232 (-57.5%), from €429,997 to €182,765
of which Other amounts receivable: -€174,863
- Profit (loss) carried forward -€161,467
down €161,467, from €60,446 to -€101,021
- Trade debts -€51,419
down €51,419 (-25.8%), from €199,448 to €148,030
- Tax, wage and social debts -€33,520
down €33,520 (-73.6%), from €45,520 to €12,000
- Gross operating margin -€153,348
down €153,348, from €1,754 to -€151,594
- Taxes -€5,431
no longer reported in 2025 (was €5,431)
- Depreciation +€2,169
up €2,169 (+37.0%), from €5,871 to €8,040
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 | €949,455 | €703,049 | -€246,406 | -26.0% |
| Fixed assets | 21/28 | €8,642 | €9,480 | +€838 | +9.7% |
| Tangible fixed assets | 22/27 | €8,342 | €9,180 | +€838 | +10.0% |
| Plant, machinery and equipment | 23 | €4,674 | €2,312 | -€2,362 | -50.5% |
| Furniture and vehicles | 24 | €3,668 | €6,868 | +€3,200 | +87.2% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €940,813 | €693,569 | -€247,244 | -26.3% |
| Amounts receivable after more than one year | 29 | €490,000 | €490,000 | = | 0.0% |
| Other amounts receivable | 291 | €490,000 | €490,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €429,997 | €182,765 | -€247,232 | -57.5% |
| Trade receivables | 40 | €209,315 | €136,946 | -€72,369 | -34.6% |
| Other amounts receivable | 41 | €220,683 | €45,820 | -€174,863 | -79.2% |
| Cash at bank and in hand | 54/58 | €41 | €30 | -€12 | -28.7% |
| Deferred charges and accrued income | 490/1 | €20,774 | €20,774 | = | 0.0% |
| Total equity and liabilities | 10/49 | €949,455 | €703,049 | -€246,406 | -26.0% |
| Equity | 10/15 | €334,906 | €173,439 | -€161,467 | -48.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €255,860 | €255,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €254,000 | €254,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,446 | -€101,021 | -€161,467 | |
| Amounts payable | 17/49 | €614,548 | €529,610 | -€84,939 | -13.8% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €488,203 | €403,264 | -€84,939 | -17.4% |
| Trade debts | 44 | €199,448 | €148,030 | -€51,419 | -25.8% |
| Suppliers | 440/4 | €199,448 | €148,030 | -€51,419 | -25.8% |
| Advances received on contracts in progress | 46 | €243,235 | €243,235 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €45,520 | €12,000 | -€33,520 | -73.6% |
| Taxes | 450/3 | €45,520 | €12,000 | -€33,520 | -73.6% |
| Accrued charges and deferred income | 492/3 | €26,346 | €26,346 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,871 | €8,040 | +€2,169 | +37.0% |
| Other operating charges | 640/8 | €424 | €1,413 | +€989 | +232.9% |
| Gross operating margin | 9900 | €1,754 | -€151,594 | -€153,348 | |
| Operating profit (loss) | 9901 | -€4,541 | -€161,047 | -€156,506 | -3446.4% |
| Financial charges | 65/66B | €563 | €420 | -€143 | -25.4% |
| Recurring financial charges | 65 | €563 | €420 | -€143 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,104 | -€161,467 | -€156,363 | -3063.7% |
| Income taxes | 67/77 | €5,431 | - | -€5,431 | |
| Profit (loss) for the period | 9904 | -€10,535 | -€161,467 | -€150,932 | -1432.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,535 | -€161,467 | -€150,932 | -1432.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.