'CASANOVA: 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.
'CASANOVA
Largest movements
- Tangible fixed assets -€20,986
down €20,986 (-5.9%), from €358,740 to €337,753
- Debts after one year -€12,341
down €12,341 (-3.0%), from €405,977 to €393,636
- Profit (loss) carried forward -€6,736
down €6,736 (-3.8%), from -€177,898 to -€184,633
- Current portion of long-term debt +€6,721
new in 2025: €6,721
- Financial income -€194,241
down €194,241 (-100.0%), from €194,336 to €96
of which Non-recurring financial income: -€194,336
- Other operating charges -€55,710
down €55,710 (-84.2%), from €66,165 to €10,455
- Purchases and services -€30,976
down €30,976 (-97.3%), from €31,850 to €874
- Financial charges -€23,533
down €23,533 (-37.2%), from €63,246 to €39,713
- Depreciation -€5,247
down €5,247 (-20.0%), from €26,233 to €20,986
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 | €370,196 | €351,476 | -€18,720 | -5.1% |
| Fixed assets | 21/28 | €358,828 | €337,841 | -€20,986 | -5.8% |
| Tangible fixed assets | 22/27 | €358,740 | €337,753 | -€20,986 | -5.9% |
| Land and buildings | 22 | €358,740 | €337,753 | -€20,986 | -5.9% |
| Financial fixed assets | 28 | €88 | €88 | = | 0.0% |
| Current assets | 29/58 | €11,369 | €13,635 | +€2,266 | +19.9% |
| Amounts receivable after more than one year | 29 | €11,338 | €11,338 | = | 0.0% |
| Trade receivables | 290 | €11,338 | €11,338 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €2,156 | +€2,156 | |
| Other amounts receivable | 41 | - | €2,156 | +€2,156 | |
| Cash at bank and in hand | 54/58 | €31 | €141 | +€110 | +356.3% |
| Total equity and liabilities | 10/49 | €370,196 | €351,476 | -€18,720 | -5.1% |
| Equity | 10/15 | -€63,688 | -€70,424 | -€6,736 | -10.6% |
| Contributions | 10/11 | €38,424 | €38,424 | = | 0.0% |
| Reserves | 13 | €75,786 | €75,786 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,842 | €3,842 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,842 | €3,842 | = | 0.0% |
| Tax-exempt reserves | 132 | €71,944 | €71,944 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,898 | -€184,633 | -€6,736 | -3.8% |
| Amounts payable | 17/49 | €433,884 | €421,900 | -€11,985 | -2.8% |
| Amounts payable after more than one year | 17 | €405,977 | €393,636 | -€12,341 | -3.0% |
| Financial debts | 170/4 | €405,977 | €393,636 | -€12,341 | -3.0% |
| Amounts payable within one year | 42/48 | €27,907 | €28,264 | +€356 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,721 | +€6,721 | |
| Financial debts | 43 | €6,064 | €6,186 | +€121 | +2.0% |
| Credit institutions | 430/8 | €6,064 | €6,186 | +€121 | +2.0% |
| Trade debts | 44 | €18,437 | €15,357 | -€3,080 | -16.7% |
| Suppliers | 440/4 | €18,437 | €15,357 | -€3,080 | -16.7% |
| Other amounts payable | 47/48 | €3,406 | - | -€3,406 | |
| Goods, raw materials, services and sundry goods | 60/61 | €31,850 | €874 | -€30,976 | -97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,233 | €20,986 | -€5,247 | -20.0% |
| Other operating charges | 640/8 | €66,165 | €10,455 | -€55,710 | -84.2% |
| Gross operating margin | 9900 | €67,092 | €64,323 | -€2,768 | -4.1% |
| Operating profit (loss) | 9901 | -€25,306 | €32,882 | +€58,188 | |
| Financial income | 75/76B | €194,336 | €96 | -€194,241 | -100.0% |
| Recurring financial income | 75 | €194,336 | €96 | -€194,241 | -100.0% |
| Non-recurring financial income | 76B | €194,336 | - | -€194,336 | |
| Financial charges | 65/66B | €63,246 | €39,713 | -€23,533 | -37.2% |
| Recurring financial charges | 65 | €63,246 | €39,713 | -€23,533 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €105,784 | -€6,736 | -€112,520 | |
| Profit (loss) for the period | 9904 | €105,784 | -€6,736 | -€112,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €105,784 | -€6,736 | -€112,520 |
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 29 September 2026 via checked.be.