Kusters IT: 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 IT
Largest movements
- Deferred charges and accrued income +€14,349
up €14,349 (+180%), from €7,954 to €22,303
- Debts after one year -€44,910
down €44,910 (-6.6%), from €683,349 to €638,439
- Reserves +€41,219
up €41,219 (+362%), from €11,392 to €52,610
- Trade debts +€10,326
up €10,326 (+190%), from €5,422 to €15,749
- Tax, wage and social debts -€9,810
down €9,810 (-55.4%), from €17,714 to €7,904
of which Taxes: -€9,810
- Staff costs -€23,143
down €23,143 (-100%), from €23,143 to €0
- Gross operating margin +€14,408
up €14,408 (+11.2%), from €128,155 to €142,564
- Taxes +€11,006
up €11,006 (+274%), from €4,014 to €15,020
- Depreciation -€8,505
down €8,505 (-14.0%), from €60,627 to €52,123
- Financial charges +€4,694
up €4,694 (+16.8%), from €27,939 to €32,632
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 | €950,065 | €958,442 | +€8,378 | +0.9% |
| Fixed assets | 21/28 | €898,172 | €893,222 | -€4,950 | -0.6% |
| Tangible fixed assets | 22/27 | €898,172 | €893,222 | -€4,950 | -0.6% |
| Land and buildings | 22 | €894,822 | €890,170 | -€4,652 | -0.5% |
| Plant, machinery and equipment | 23 | €3,350 | €1,914 | -€1,436 | -42.9% |
| Furniture and vehicles | 24 | - | €1,138 | +€1,138 | |
| Current assets | 29/58 | €51,893 | €65,220 | +€13,327 | +25.7% |
| Amounts receivable within one year | 40/41 | €29,767 | €33,040 | +€3,274 | +11.0% |
| Trade receivables | 40 | €21,260 | €19,574 | -€1,686 | -7.9% |
| Other amounts receivable | 41 | €8,506 | €13,466 | +€4,960 | +58.3% |
| Cash at bank and in hand | 54/58 | €14,171 | €9,877 | -€4,295 | -30.3% |
| Deferred charges and accrued income | 490/1 | €7,954 | €22,303 | +€14,349 | +180% |
| Total equity and liabilities | 10/49 | €950,065 | €958,442 | +€8,378 | +0.9% |
| Equity | 10/15 | €13,892 | €55,110 | +€41,219 | +297% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €11,392 | €52,610 | +€41,219 | +362% |
| Distributable reserves | 133 | €11,392 | €52,610 | +€41,219 | +362% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €936,173 | €903,332 | -€32,841 | -3.5% |
| Amounts payable after more than one year | 17 | €683,349 | €638,439 | -€44,910 | -6.6% |
| Financial debts | 170/4 | €683,349 | €638,439 | -€44,910 | -6.6% |
| Amounts payable within one year | 42/48 | €219,283 | €229,490 | +€10,207 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €43,662 | €44,910 | +€1,248 | +2.9% |
| Financial debts | 43 | €17 | €5,099 | +€5,082 | +30,270% |
| Credit institutions | 430/8 | €17 | €0 | -€17 | -100% |
| Other loans | 439 | - | €5,099 | +€5,099 | |
| Trade debts | 44 | €5,422 | €15,749 | +€10,326 | +190% |
| Suppliers | 440/4 | €5,422 | €15,749 | +€10,326 | +190% |
| Taxes, remuneration and social security | 45 | €17,714 | €7,904 | -€9,810 | -55.4% |
| Taxes | 450/3 | €17,714 | €7,904 | -€9,810 | -55.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €152,468 | €155,828 | +€3,360 | +2.2% |
| Accrued charges and deferred income | 492/3 | €33,541 | €35,403 | +€1,862 | +5.6% |
| Remuneration, social security and pensions | 62 | €23,143 | €0 | -€23,143 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,627 | €52,123 | -€8,505 | -14.0% |
| Other operating charges | 640/8 | €1,116 | €1,571 | +€455 | +40.8% |
| Gross operating margin | 9900 | €128,155 | €142,564 | +€14,408 | +11.2% |
| Operating profit (loss) | 9901 | €43,269 | €88,870 | +€45,601 | +105% |
| Financial income | 75/76B | €75 | €1 | -€73 | -98.3% |
| Recurring financial income | 75 | €75 | €1 | -€73 | -98.3% |
| Financial charges | 65/66B | €27,939 | €32,632 | +€4,694 | +16.8% |
| Recurring financial charges | 65 | €27,939 | €32,632 | +€4,694 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €15,405 | €56,239 | +€40,834 | +265% |
| Income taxes | 67/77 | €4,014 | €15,020 | +€11,006 | +274% |
| Profit (loss) for the period | 9904 | €11,392 | €41,219 | +€29,827 | +262% |
| Profit (loss) for the period to be appropriated | 9905 | €11,392 | €41,219 | +€29,827 | +262% |
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 22 October 2026 via checked.be.