Cas Group: 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.
Cas Group
Largest movements
- Cash -€16,234
down €16,234 (-99.1%), from €16,376 to €142
mainly Net result for the year (-€10,841) and Trade debts (-€8,585)
- Receivables within one year -€5,041
down €5,041 (-27.8%), from €18,133 to €13,092
of which Trade receivables: -€7,704
- Tangible fixed assets +€1,848
up €1,848 (+147%), from €1,254 to €3,102
of which Furniture and vehicles: +€2,028
- Profit (loss) carried forward -€10,841
new in 2025: -€10,841
- Trade debts -€8,585
down €8,585 (-94.7%), from €9,066 to €481
- Gross operating margin -€41,810
down €41,810, from €31,908 to -€9,902
- Taxes -€5,336
no longer reported in 2025 (was €5,336)
- Depreciation +€786
up €786 (+195%), from €403 to €1,189
- Financial income +€686
new in 2025: €686
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 | €35,763 | €16,336 | -€19,426 | -54.3% |
| Fixed assets | 21/28 | €1,254 | €3,102 | +€1,848 | +147% |
| Tangible fixed assets | 22/27 | €1,254 | €3,102 | +€1,848 | +147% |
| Plant, machinery and equipment | 23 | €1,254 | €1,075 | -€179 | -14.3% |
| Furniture and vehicles | 24 | - | €2,028 | +€2,028 | |
| Current assets | 29/58 | €34,509 | €13,234 | -€21,275 | -61.7% |
| Amounts receivable within one year | 40/41 | €18,133 | €13,092 | -€5,041 | -27.8% |
| Trade receivables | 40 | €7,704 | - | -€7,704 | |
| Other amounts receivable | 41 | €10,429 | €13,092 | +€2,663 | +25.5% |
| Cash at bank and in hand | 54/58 | €16,376 | €142 | -€16,234 | -99.1% |
| Total equity and liabilities | 10/49 | €35,763 | €16,336 | -€19,426 | -54.3% |
| Equity | 10/15 | €21,361 | €10,520 | -€10,841 | -50.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €20,361 | €20,361 | = | 0.0% |
| Distributable reserves | 133 | €20,361 | €20,361 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,841 | -€10,841 | |
| Amounts payable | 17/49 | €14,402 | €5,817 | -€8,585 | -59.6% |
| Amounts payable within one year | 42/48 | €14,402 | €5,817 | -€8,585 | -59.6% |
| Trade debts | 44 | €9,066 | €481 | -€8,585 | -94.7% |
| Suppliers | 440/4 | €9,066 | €481 | -€8,585 | -94.7% |
| Taxes, remuneration and social security | 45 | €5,336 | €5,336 | = | 0.0% |
| Taxes | 450/3 | €5,336 | €5,336 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €98 | +€98 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €403 | €1,189 | +€786 | +195% |
| Other operating charges | 640/8 | €542 | €286 | -€255 | -47.1% |
| Gross operating margin | 9900 | €31,908 | -€9,902 | -€41,810 | |
| Operating profit (loss) | 9901 | €30,964 | -€11,476 | -€42,439 | |
| Financial income | 75/76B | - | €686 | +€686 | |
| Recurring financial income | 75 | - | €686 | +€686 | |
| Financial charges | 65/66B | €134 | €51 | -€83 | -62.0% |
| Recurring financial charges | 65 | €134 | €51 | -€83 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | €30,829 | -€10,841 | -€41,670 | |
| Income taxes | 67/77 | €5,336 | - | -€5,336 | |
| Profit (loss) for the period | 9904 | €25,494 | -€10,841 | -€36,334 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,494 | -€10,841 | -€36,334 |
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 16 October 2026 via checked.be.