CASA HOLDING: 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.
CASA HOLDING
Largest movements
- Receivables within one year -€948,125
down €948,125 (-32.0%), from €3.0m to €2.0m
of which Other amounts receivable: -€951,493
- Cash -€168,516
down €168,516 (-82.9%), from €203,345 to €34,829
mainly Contributions, distributions and other (-€1.0m) and Short-term financial debts (-€200,391)
- Contributions -€714,957
down €714,957 (-30.5%), from €2.3m to €1.6m
- Profit (loss) carried forward -€279,868
down €279,868 (-28.5%), from €980,276 to €700,408
- Short-term financial debts -€200,391
down €200,391 (-35.8%), from €560,391 to €360,000
- Gross operating margin -€51,961
down €51,961 (-52.9%), from €98,212 to €46,251
- Financial charges -€24,433
down €24,433 (-36.8%), from €66,345 to €41,912
- Financial income -€22,165
down €22,165 (-32.9%), from €67,389 to €45,224
- Taxes -€14,625
down €14,625 (-88.2%), from €16,585 to €1,960
- Other operating charges +€5,318
up €5,318 (+49.1%), from €10,827 to €16,145
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 | €5,025,109 | €3,857,014 | -€1.2m | -23.2% |
| Fixed assets | 21/28 | €1,778,699 | €1,752,416 | -€26,283 | -1.5% |
| Tangible fixed assets | 22/27 | €1,174,504 | €1,148,221 | -€26,283 | -2.2% |
| Land and buildings | 22 | €1,174,504 | €1,148,221 | -€26,283 | -2.2% |
| Financial fixed assets | 28 | €604,195 | €604,195 | = | 0.0% |
| Current assets | 29/58 | €3,246,410 | €2,104,597 | -€1.1m | -35.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,966,629 | €2,018,504 | -€948,125 | -32.0% |
| Trade receivables | 40 | €13,905 | €17,273 | +€3,368 | +24.2% |
| Other amounts receivable | 41 | €2,952,724 | €2,001,231 | -€951,493 | -32.2% |
| Cash at bank and in hand | 54/58 | €203,345 | €34,829 | -€168,516 | -82.9% |
| Deferred charges and accrued income | 490/1 | €76,436 | €51,264 | -€25,172 | -32.9% |
| Total equity and liabilities | 10/49 | €5,025,109 | €3,857,014 | -€1.2m | -23.2% |
| Equity | 10/15 | €3,393,789 | €2,398,963 | -€994,826 | -29.3% |
| Contributions | 10/11 | €2,344,497 | €1,629,540 | -€714,957 | -30.5% |
| Capital | 10 | €2,344,497 | €1,629,540 | -€714,957 | -30.5% |
| Issued capital | 100 | €2,344,497 | €1,629,540 | -€714,957 | -30.5% |
| Reserves | 13 | €69,015 | €69,015 | = | 0.0% |
| Non-distributable reserves | 130/1 | €69,015 | €69,015 | = | 0.0% |
| Legal reserve | 130 | €69,015 | €69,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | €980,276 | €700,408 | -€279,868 | -28.5% |
| Amounts payable | 17/49 | €1,631,321 | €1,458,050 | -€173,270 | -10.6% |
| Amounts payable within one year | 42/48 | €1,598,974 | €1,437,772 | -€161,202 | -10.1% |
| Financial debts | 43 | €560,391 | €360,000 | -€200,391 | -35.8% |
| Credit institutions | 430/8 | €560,391 | €360,000 | -€200,391 | -35.8% |
| Trade debts | 44 | €12,633 | €18,603 | +€5,971 | +47.3% |
| Suppliers | 440/4 | €12,633 | €18,603 | +€5,971 | +47.3% |
| Taxes, remuneration and social security | 45 | €17,436 | €898 | -€16,537 | -94.8% |
| Taxes | 450/3 | €17,436 | €898 | -€16,537 | -94.8% |
| Other amounts payable | 47/48 | €1,008,515 | €1,058,270 | +€49,755 | +4.9% |
| Accrued charges and deferred income | 492/3 | €32,347 | €20,279 | -€12,068 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,283 | €26,283 | = | 0.0% |
| Other operating charges | 640/8 | €10,827 | €16,145 | +€5,318 | +49.1% |
| Gross operating margin | 9900 | €98,212 | €46,251 | -€51,961 | -52.9% |
| Operating profit (loss) | 9901 | €61,102 | €3,823 | -€57,279 | -93.7% |
| Financial income | 75/76B | €67,389 | €45,224 | -€22,165 | -32.9% |
| Recurring financial income | 75 | €67,389 | €45,224 | -€22,165 | -32.9% |
| Financial charges | 65/66B | €66,345 | €41,912 | -€24,433 | -36.8% |
| Recurring financial charges | 65 | €66,345 | €41,912 | -€24,433 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €62,146 | €7,135 | -€55,011 | -88.5% |
| Income taxes | 67/77 | €16,585 | €1,960 | -€14,625 | -88.2% |
| Profit (loss) for the period | 9904 | €45,561 | €5,174 | -€40,386 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,561 | €5,174 | -€40,386 | -88.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.