Casanova Horeca Services: 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.
Casanova Horeca Services
Largest movements
- Tangible fixed assets -€35,363
down €35,363 (-18.8%), from €188,209 to €152,846
of which Plant, machinery and equipment: -€30,013
- Cash -€20,200
down €20,200 (-27.2%), from €74,268 to €54,068
mainly Debts after one year (-€30,338) and Net result for the year (-€23,344)
- Intangible fixed assets -€17,585
down €17,585 (-100%), from €17,585 to €0
- Receivables within one year +€9,360
up €9,360 (+228%), from €4,098 to €13,458
of which Trade receivables: +€8,277
- Debts after one year -€30,338
down €30,338 (-25.5%), from €119,078 to €88,740
- Reserves -€23,344
down €23,344 (-68.1%), from €34,280 to €10,936
- Current portion of long-term debt -€16,786
down €16,786 (-26.8%), from €62,680 to €45,894
- Tax, wage and social debts +€8,450
up €8,450 (+73.3%), from €11,533 to €19,983
of which Remuneration and social security: +€8,718
- Trade debts +€3,870
up €3,870 (+9.0%), from €42,798 to €46,668
- Gross operating margin -€5,213
down €5,213 (-4.2%), from €123,781 to €118,568
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 | €313,181 | €251,136 | -€62,045 | -19.8% |
| Formation expenses | 20 | €1,632 | €0 | -€1,632 | -100% |
| Fixed assets | 21/28 | €206,394 | €154,496 | -€51,898 | -25.1% |
| Intangible fixed assets | 21 | €17,585 | €0 | -€17,585 | -100% |
| Tangible fixed assets | 22/27 | €188,209 | €152,846 | -€35,363 | -18.8% |
| Plant, machinery and equipment | 23 | €132,179 | €102,166 | -€30,013 | -22.7% |
| Furniture and vehicles | 24 | €56,030 | €37,802 | -€18,228 | -32.5% |
| Other tangible fixed assets | 26 | - | €12,878 | +€12,878 | |
| Financial fixed assets | 28 | €600 | €1,650 | +€1,050 | +175% |
| Current assets | 29/58 | €105,155 | €96,641 | -€8,514 | -8.1% |
| Stocks and contracts in progress | 3 | €25,197 | €27,500 | +€2,303 | +9.1% |
| Stocks | 30/36 | €25,197 | €27,500 | +€2,303 | +9.1% |
| Amounts receivable within one year | 40/41 | €4,098 | €13,458 | +€9,360 | +228% |
| Trade receivables | 40 | €739 | €9,015 | +€8,277 | +1,120% |
| Other amounts receivable | 41 | €3,359 | €4,442 | +€1,083 | +32.2% |
| Cash at bank and in hand | 54/58 | €74,268 | €54,068 | -€20,200 | -27.2% |
| Deferred charges and accrued income | 490/1 | €1,592 | €1,615 | +€23 | +1.4% |
| Total equity and liabilities | 10/49 | €313,181 | €251,136 | -€62,045 | -19.8% |
| Equity | 10/15 | €54,280 | €30,936 | -€23,344 | -43.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €34,280 | €10,936 | -€23,344 | -68.1% |
| Distributable reserves | 133 | €34,280 | €10,936 | -€23,344 | -68.1% |
| Amounts payable | 17/49 | €258,901 | €220,200 | -€38,701 | -14.9% |
| Amounts payable after more than one year | 17 | €119,078 | €88,740 | -€30,338 | -25.5% |
| Financial debts | 170/4 | €119,078 | €88,740 | -€30,338 | -25.5% |
| Amounts payable within one year | 42/48 | €127,422 | €120,785 | -€6,637 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €62,680 | €45,894 | -€16,786 | -26.8% |
| Trade debts | 44 | €42,798 | €46,668 | +€3,870 | +9.0% |
| Suppliers | 440/4 | €42,798 | €46,668 | +€3,870 | +9.0% |
| Advances received on contracts in progress | 46 | €591 | €0 | -€591 | -100% |
| Taxes, remuneration and social security | 45 | €11,533 | €19,983 | +€8,450 | +73.3% |
| Taxes | 450/3 | €8,160 | €7,893 | -€267 | -3.3% |
| Remuneration and social security | 454/9 | €3,373 | €12,091 | +€8,718 | +258% |
| Other amounts payable | 47/48 | €9,820 | €8,240 | -€1,580 | -16.1% |
| Accrued charges and deferred income | 492/3 | €12,401 | €10,675 | -€1,726 | -13.9% |
| Remuneration, social security and pensions | 62 | €59,864 | €59,830 | -€34 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,496 | €73,610 | +€1,114 | +1.5% |
| Other operating charges | 640/8 | €1,219 | €1,205 | -€14 | -1.2% |
| Gross operating margin | 9900 | €123,781 | €118,568 | -€5,213 | -4.2% |
| Operating profit (loss) | 9901 | -€9,798 | -€16,077 | -€6,278 | -64.1% |
| Financial income | 75/76B | €76 | €86 | +€10 | +12.7% |
| Recurring financial income | 75 | €76 | €86 | +€10 | +12.7% |
| Financial charges | 65/66B | €8,086 | €7,099 | -€987 | -12.2% |
| Recurring financial charges | 65 | €8,086 | €7,099 | -€987 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,808 | -€23,089 | -€5,281 | -29.7% |
| Income taxes | 67/77 | €240 | €255 | +€14 | +6.0% |
| Profit (loss) for the period | 9904 | -€18,048 | -€23,344 | -€5,296 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,048 | -€23,344 | -€5,296 | -29.3% |
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 24 October 2026 via checked.be.