ANTWERP CASCO ENGINEERING: 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.
ANTWERP CASCO ENGINEERING
Largest movements
- Receivables within one year -€310,699
down €310,699 (-71.1%), from €436,692 to €125,993
of which Other amounts receivable: -€374,029
- Tangible fixed assets -€42,991
down €42,991 (-9.6%), from €449,878 to €406,887
of which Other tangible fixed assets: -€35,858
- Other debts -€305,027
down €305,027 (-66.2%), from €461,068 to €156,040
- Debts after one year -€74,096
down €74,096 (-19.9%), from €371,789 to €297,693
- Profit (loss) carried forward +€34,490
up €34,490, from -€34,346 to €143
- Current portion of long-term debt -€14,837
down €14,837 (-21.5%), from €68,927 to €54,090
- Gross operating margin +€42,841
up €42,841 (+56.8%), from €75,487 to €118,328
- Depreciation +€8,269
up €8,269 (+17.4%), from €47,540 to €55,808
- Other operating charges +€3,074
up €3,074 (+38.6%), from €7,958 to €11,033
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 | €1,292,982 | €939,465 | -€353,517 | -27.3% |
| Fixed assets | 21/28 | €852,748 | €809,757 | -€42,991 | -5.0% |
| Intangible fixed assets | 21 | €400,000 | €400,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €449,878 | €406,887 | -€42,991 | -9.6% |
| Land and buildings | 22 | €109,903 | €94,118 | -€15,785 | -14.4% |
| Plant, machinery and equipment | 23 | €11,332 | €19,985 | +€8,652 | +76.3% |
| Other tangible fixed assets | 26 | €328,642 | €292,784 | -€35,858 | -10.9% |
| Financial fixed assets | 28 | €2,870 | €2,870 | = | 0.0% |
| Current assets | 29/58 | €440,234 | €129,709 | -€310,526 | -70.5% |
| Amounts receivable within one year | 40/41 | €436,692 | €125,993 | -€310,699 | -71.1% |
| Trade receivables | 40 | €62,370 | €125,700 | +€63,330 | +101.5% |
| Other amounts receivable | 41 | €374,322 | €293 | -€374,029 | -99.9% |
| Cash at bank and in hand | 54/58 | €2,363 | €3,716 | +€1,352 | +57.2% |
| Deferred charges and accrued income | 490/1 | €1,179 | - | -€1,179 | |
| Total equity and liabilities | 10/49 | €1,292,982 | €939,465 | -€353,517 | -27.3% |
| Equity | 10/15 | €386,114 | €420,603 | +€34,490 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,346 | €143 | +€34,490 | |
| Amounts payable | 17/49 | €906,868 | €518,862 | -€388,006 | -42.8% |
| Amounts payable after more than one year | 17 | €371,789 | €297,693 | -€74,096 | -19.9% |
| Financial debts | 170/4 | €371,789 | €297,693 | -€74,096 | -19.9% |
| Amounts payable within one year | 42/48 | €535,080 | €221,169 | -€313,910 | -58.7% |
| Current portion of amounts payable after more than one year | 42 | €68,927 | €54,090 | -€14,837 | -21.5% |
| Trade debts | 44 | €3,397 | €11,039 | +€7,642 | +224.9% |
| Suppliers | 440/4 | €3,397 | €11,039 | +€7,642 | +224.9% |
| Taxes, remuneration and social security | 45 | €1,688 | - | -€1,688 | |
| Taxes | 450/3 | €1,688 | - | -€1,688 | |
| Other amounts payable | 47/48 | €461,068 | €156,040 | -€305,027 | -66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,540 | €55,808 | +€8,269 | +17.4% |
| Other operating charges | 640/8 | €7,958 | €11,033 | +€3,074 | +38.6% |
| Gross operating margin | 9900 | €75,487 | €118,328 | +€42,841 | +56.8% |
| Operating profit (loss) | 9901 | €19,989 | €51,487 | +€31,498 | +157.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17,890 | €16,997 | -€893 | -5.0% |
| Recurring financial charges | 65 | €17,890 | €16,997 | -€893 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €2,099 | €34,490 | +€32,391 | +1543.2% |
| Profit (loss) for the period | 9904 | €2,099 | €34,490 | +€32,391 | +1543.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,099 | €34,490 | +€32,391 | +1543.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.