CAS world: 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.
CAS world
Largest movements
- Cash +€99,365
up €99,365 (+311.2%), from €31,934 to €131,300
mainly Net result for the year (+€108,217) and Advances received (+€44,743)
- Tangible fixed assets +€71,687
up €71,687 (+407.5%), from €17,593 to €89,280
of which Furniture and vehicles: +€72,014
- Receivables within one year +€35,567
up €35,567 (+679.7%), from €5,233 to €40,800
of which Trade receivables: +€40,800
- Profit (loss) carried forward +€108,217
up €108,217 (+575.1%), from €18,816 to €127,033
- Advances received +€44,743
new in 2025: €44,743
- Tax, wage and social debts +€40,458
up €40,458 (+751.4%), from €5,384 to €45,842
- Other debts +€19,916
up €19,916 (+99.6%), from €20,000 to €39,916
- Trade debts -€6,713
down €6,713 (-88.8%), from €7,560 to €847
- Gross operating margin +€120,437
up €120,437 (+391.6%), from €30,758 to €151,195
- Taxes +€25,115
up €25,115 (+466.5%), from €5,384 to €30,499
- Depreciation +€5,949
up €5,949 (+101.0%), from €5,889 to €11,838
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 | €54,760 | €261,380 | +€206,620 | +377.3% |
| Fixed assets | 21/28 | €17,593 | €89,280 | +€71,687 | +407.5% |
| Tangible fixed assets | 22/27 | €17,593 | €89,280 | +€71,687 | +407.5% |
| Plant, machinery and equipment | 23 | €901 | €574 | -€327 | -36.3% |
| Furniture and vehicles | 24 | €16,692 | €88,706 | +€72,014 | +431.4% |
| Current assets | 29/58 | €37,167 | €172,100 | +€134,933 | +363.0% |
| Amounts receivable within one year | 40/41 | €5,233 | €40,800 | +€35,567 | +679.7% |
| Trade receivables | 40 | - | €40,800 | +€40,800 | |
| Other amounts receivable | 41 | €5,233 | €0 | -€5,233 | -100.0% |
| Cash at bank and in hand | 54/58 | €31,934 | €131,300 | +€99,365 | +311.2% |
| Total equity and liabilities | 10/49 | €54,760 | €261,380 | +€206,620 | +377.3% |
| Equity | 10/15 | €21,816 | €130,033 | +€108,217 | +496.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,816 | €127,033 | +€108,217 | +575.1% |
| Amounts payable | 17/49 | €32,944 | €131,347 | +€98,403 | +298.7% |
| Amounts payable within one year | 42/48 | €32,944 | €131,347 | +€98,403 | +298.7% |
| Trade debts | 44 | €7,560 | €847 | -€6,713 | -88.8% |
| Suppliers | 440/4 | €7,560 | €847 | -€6,713 | -88.8% |
| Advances received on contracts in progress | 46 | - | €44,743 | +€44,743 | |
| Taxes, remuneration and social security | 45 | €5,384 | €45,842 | +€40,458 | +751.4% |
| Taxes | 450/3 | €5,384 | €45,842 | +€40,458 | +751.4% |
| Other amounts payable | 47/48 | €20,000 | €39,916 | +€19,916 | +99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,889 | €11,838 | +€5,949 | +101.0% |
| Other operating charges | 640/8 | €890 | €520 | -€370 | -41.6% |
| Gross operating margin | 9900 | €30,758 | €151,195 | +€120,437 | +391.6% |
| Operating profit (loss) | 9901 | €23,979 | €138,837 | +€114,858 | +479.0% |
| Financial income | 75/76B | €350 | €0 | -€350 | -100.0% |
| Recurring financial income | 75 | €350 | €0 | -€350 | -100.0% |
| Financial charges | 65/66B | €129 | €120 | -€9 | -6.6% |
| Recurring financial charges | 65 | €129 | €120 | -€9 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €24,200 | €138,716 | +€114,516 | +473.2% |
| Income taxes | 67/77 | €5,384 | €30,499 | +€25,115 | +466.5% |
| Profit (loss) for the period | 9904 | €18,816 | €108,217 | +€89,401 | +475.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,816 | €108,217 | +€89,401 | +475.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.