CASA IMMO: 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 IMMO
Largest movements
- Current investments -€250,000
down €250,000 (-38.5%), from €650,000 to €400,000
- Receivables within one year +€247,979
up €247,979 (+4,357%), from €5,691 to €253,670
- Cash -€45,358
down €45,358 (-91.3%), from €49,692 to €4,334
mainly Receivables within one year (-€247,979) and Net result for the year (-€41,454)
- Reserves -€41,454
down €41,454 (-5.6%), from €736,470 to €695,016
of which Distributable reserves: -€38,608
- Gross operating margin -€414,494
down €414,494, from €385,279 to -€29,215
- Other operating charges -€10,982
down €10,982 (-72.3%), from €15,196 to €4,214
- Depreciation +€6,071
up €6,071 (+58.8%), from €10,324 to €16,395
- Financial income +€3,868
up €3,868 (+109%), from €3,554 to €7,422
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €959,198 | €917,355 | -€41,843 | -4.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €253,815 | €258,367 | +€4,552 | +1.8% |
| Tangible fixed assets | 22/27 | €253,815 | €258,367 | +€4,552 | +1.8% |
| Land and buildings | 22 | €195,000 | €186,000 | -€9,000 | -4.6% |
| Furniture and vehicles | 24 | €202 | €733 | +€531 | +263% |
| Other tangible fixed assets | 26 | €58,613 | €71,634 | +€13,021 | +22.2% |
| Current assets | 29/58 | €705,383 | €658,988 | -€46,395 | -6.6% |
| Amounts receivable within one year | 40/41 | €5,691 | €253,670 | +€247,979 | +4,357% |
| Other amounts receivable | 41 | €5,691 | €253,670 | +€247,979 | +4,357% |
| Current investments | 50/53 | €650,000 | €400,000 | -€250,000 | -38.5% |
| Cash at bank and in hand | 54/58 | €49,692 | €4,334 | -€45,358 | -91.3% |
| Deferred charges and accrued income | 490/1 | €0 | €984 | +€984 | |
| Total equity and liabilities | 10/49 | €959,198 | €917,355 | -€41,843 | -4.4% |
| Equity | 10/15 | €835,470 | €794,016 | -€41,454 | -5.0% |
| Contributions | 10/11 | €99,000 | €99,000 | = | 0.0% |
| Capital | 10 | €99,000 | €99,000 | = | 0.0% |
| Issued capital | 100 | €99,000 | €99,000 | = | 0.0% |
| Reserves | 13 | €736,470 | €695,016 | -€41,454 | -5.6% |
| Non-distributable reserves | 130/1 | €9,900 | €9,900 | = | 0.0% |
| Legal reserve | 130 | €9,900 | €9,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €341,590 | €338,744 | -€2,846 | -0.8% |
| Distributable reserves | 133 | €384,980 | €346,372 | -€38,608 | -10.0% |
| Provisions and deferred taxes | 16 | €120,805 | €119,339 | -€1,466 | -1.2% |
| Deferred taxes | 168 | €120,805 | €119,339 | -€1,466 | -1.2% |
| Amounts payable | 17/49 | €2,923 | €4,000 | +€1,077 | +36.8% |
| Amounts payable within one year | 42/48 | €2,923 | €4,000 | +€1,077 | +36.8% |
| Trade debts | 44 | €684 | €1,761 | +€1,077 | +157% |
| Suppliers | 440/4 | €684 | €1,761 | +€1,077 | +157% |
| Taxes, remuneration and social security | 45 | €2,239 | €2,239 | = | 0.0% |
| Taxes | 450/3 | €2,239 | €2,239 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,324 | €16,395 | +€6,071 | +58.8% |
| Other operating charges | 640/8 | €15,196 | €4,214 | -€10,982 | -72.3% |
| Gross operating margin | 9900 | €385,279 | -€29,215 | -€414,494 | |
| Operating profit (loss) | 9901 | €359,759 | -€49,824 | -€409,583 | |
| Financial income | 75/76B | €3,554 | €7,422 | +€3,868 | +109% |
| Recurring financial income | 75 | €3,554 | €7,422 | +€3,868 | +109% |
| Financial charges | 65/66B | €386 | €518 | +€132 | +34.2% |
| Recurring financial charges | 65 | €386 | €518 | +€132 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €362,927 | -€42,920 | -€405,847 | |
| Transfer from deferred taxes | 780 | €21,766 | €1,466 | -€20,300 | -93.3% |
| Transfer to deferred taxes | 680 | €101,121 | - | -€101,121 | |
| Income taxes | 67/77 | €3,219 | - | -€3,219 | |
| Profit (loss) for the period | 9904 | €280,353 | -€41,454 | -€321,807 | |
| Transfer from tax-exempt reserves | 789 | €42,270 | €2,846 | -€39,424 | -93.3% |
| Transfer to tax-exempt reserves | 689 | €303,363 | - | -€303,363 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,260 | -€38,608 | -€57,868 |
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 1 November 2026 via checked.be.