CASAGRANDE: 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.
CASAGRANDE
Largest movements
- Cash -€29,809
down €29,809 (-68.6%), from €43,430 to €13,621
mainly Trade debts (-€26,406) and Debts after one year (-€16,404)
- Tangible fixed assets -€23,754
down €23,754 (-38.0%), from €62,570 to €38,816
of which Leasing and similar rights: -€29,303
- Receivables within one year -€21,597
down €21,597 (-26.3%), from €82,189 to €60,592
of which Trade receivables: -€14,314
- Stocks and contracts +€14,784
up €14,784 (+29.0%), from €50,931 to €65,715
of which Contracts in progress: +€41,796
- Financial fixed assets +€5,050
up €5,050 (+404%), from €1,250 to €6,300
- Trade debts -€26,406
down €26,406 (-23.2%), from €113,597 to €87,191
- Debts after one year -€16,404
down €16,404 (-70.1%), from €23,392 to €6,988
- Current portion of long-term debt -€9,129
down €9,129 (-35.8%), from €25,533 to €16,404
- Reserves -€3,869
down €3,869 (-13.7%), from €28,229 to €24,361
of which Distributable reserves: -€3,869
- Accrued charges and deferred income -€2,681
down €2,681 (-51.1%), from €5,247 to €2,567
- Staff costs -€20,029
down €20,029 (-6.9%), from €290,015 to €269,987
- Gross operating margin -€18,125
down €18,125 (-5.3%), from €339,051 to €320,926
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 | €248,133 | €189,037 | -€59,096 | -23.8% |
| Fixed assets | 21/28 | €68,320 | €45,116 | -€23,204 | -34.0% |
| Intangible fixed assets | 21 | €4,500 | €0 | -€4,500 | -100% |
| Tangible fixed assets | 22/27 | €62,570 | €38,816 | -€23,754 | -38.0% |
| Land and buildings | 22 | €0 | €2,015 | +€2,015 | |
| Plant, machinery and equipment | 23 | €9,091 | €14,280 | +€5,189 | +57.1% |
| Furniture and vehicles | 24 | €5,520 | €3,865 | -€1,655 | -30.0% |
| Leasing and similar rights | 25 | €47,959 | €18,655 | -€29,303 | -61.1% |
| Financial fixed assets | 28 | €1,250 | €6,300 | +€5,050 | +404% |
| Current assets | 29/58 | €179,813 | €143,921 | -€35,892 | -20.0% |
| Stocks and contracts in progress | 3 | €50,931 | €65,715 | +€14,784 | +29.0% |
| Stocks | 30/36 | €50,931 | €23,919 | -€27,012 | -53.0% |
| Contracts in progress | 37 | - | €41,796 | +€41,796 | |
| Amounts receivable within one year | 40/41 | €82,189 | €60,592 | -€21,597 | -26.3% |
| Trade receivables | 40 | €56,110 | €41,796 | -€14,314 | -25.5% |
| Other amounts receivable | 41 | €26,079 | €18,796 | -€7,283 | -27.9% |
| Cash at bank and in hand | 54/58 | €43,430 | €13,621 | -€29,809 | -68.6% |
| Deferred charges and accrued income | 490/1 | €3,263 | €3,993 | +€730 | +22.4% |
| Total equity and liabilities | 10/49 | €248,133 | €189,037 | -€59,096 | -23.8% |
| Equity | 10/15 | €46,829 | €42,961 | -€3,869 | -8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,229 | €24,361 | -€3,869 | -13.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,369 | €22,501 | -€3,869 | -14.7% |
| Amounts payable | 17/49 | €201,304 | €146,076 | -€55,228 | -27.4% |
| Amounts payable after more than one year | 17 | €23,392 | €6,988 | -€16,404 | -70.1% |
| Financial debts | 170/4 | €23,392 | €6,988 | -€16,404 | -70.1% |
| Amounts payable within one year | 42/48 | €172,665 | €136,522 | -€36,143 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €25,533 | €16,404 | -€9,129 | -35.8% |
| Financial debts | 43 | €3,210 | €4,686 | +€1,476 | +46.0% |
| Credit institutions | 430/8 | €3,210 | €4,686 | +€1,476 | +46.0% |
| Trade debts | 44 | €113,597 | €87,191 | -€26,406 | -23.2% |
| Suppliers | 440/4 | €113,597 | €87,191 | -€26,406 | -23.2% |
| Taxes, remuneration and social security | 45 | €30,324 | €28,240 | -€2,084 | -6.9% |
| Taxes | 450/3 | €2,963 | €7,277 | +€4,315 | +146% |
| Remuneration and social security | 454/9 | €27,362 | €20,963 | -€6,398 | -23.4% |
| Accrued charges and deferred income | 492/3 | €5,247 | €2,567 | -€2,681 | -51.1% |
| Remuneration, social security and pensions | 62 | €290,015 | €269,987 | -€20,029 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,283 | €37,009 | -€1,275 | -3.3% |
| Other operating charges | 640/8 | €3,935 | €5,817 | +€1,882 | +47.8% |
| Non-recurring operating charges | 66A | €5,881 | €4,659 | -€1,221 | -20.8% |
| Gross operating margin | 9900 | €339,051 | €320,926 | -€18,125 | -5.3% |
| Operating profit (loss) | 9901 | €936 | €3,454 | +€2,518 | +269% |
| Financial income | 75/76B | €27 | €192 | +€165 | +615% |
| Recurring financial income | 75 | €27 | €192 | +€165 | +615% |
| Financial charges | 65/66B | €6,401 | €5,459 | -€941 | -14.7% |
| Recurring financial charges | 65 | €6,401 | €5,459 | -€941 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,438 | -€1,813 | +€3,625 | +66.7% |
| Income taxes | 67/77 | €943 | €2,055 | +€1,112 | +118% |
| Profit (loss) for the period | 9904 | -€6,381 | -€3,869 | +€2,512 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,381 | -€3,869 | +€2,512 | +39.4% |
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 18 October 2026 via checked.be.