Casar: 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.
Casar
Largest movements
- Cash -€32,767
down €32,767 (-36.7%), from €89,381 to €56,614
mainly Contributions, distributions and other (-€35,000) and Other debts (-€20,000)
- Receivables within one year -€19,321
down €19,321 (-63.5%), from €30,445 to €11,124
of which Trade receivables: -€11,868
- Stocks and contracts +€5,065
up €5,065 (+29.3%), from €17,309 to €22,374
of which Contracts in progress: +€3,565
- Tangible fixed assets -€2,239
down €2,239 (-15.3%), from €14,668 to €12,429
of which Furniture and vehicles: -€1,517
- Profit (loss) carried forward -€21,461
down €21,461 (-20.9%), from €102,805 to €81,344
- Other debts -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Trade debts -€7,511
down €7,511 (-85.3%), from €8,809 to €1,298
- Gross operating margin +€63,638
up €63,638, from -€23,455 to €40,183
- Taxes +€9,844
up €9,844 (+3104.6%), from €317 to €10,161
- Other operating charges +€8,624
up €8,624 (+883.6%), from €976 to €9,601
- Financial charges +€496
up €496 (+142.8%), from €348 to €844
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 | €153,842 | €103,569 | -€50,273 | -32.7% |
| Fixed assets | 21/28 | €14,668 | €12,429 | -€2,239 | -15.3% |
| Tangible fixed assets | 22/27 | €14,668 | €12,429 | -€2,239 | -15.3% |
| Plant, machinery and equipment | 23 | €2,888 | €2,166 | -€722 | -25.0% |
| Furniture and vehicles | 24 | €11,780 | €10,263 | -€1,517 | -12.9% |
| Current assets | 29/58 | €139,174 | €91,140 | -€48,034 | -34.5% |
| Stocks and contracts in progress | 3 | €17,309 | €22,374 | +€5,065 | +29.3% |
| Stocks | 30/36 | - | €1,500 | +€1,500 | |
| Contracts in progress | 37 | €17,309 | €20,874 | +€3,565 | +20.6% |
| Amounts receivable within one year | 40/41 | €30,445 | €11,124 | -€19,321 | -63.5% |
| Trade receivables | 40 | €18,630 | €6,762 | -€11,868 | -63.7% |
| Other amounts receivable | 41 | €11,815 | €4,361 | -€7,454 | -63.1% |
| Cash at bank and in hand | 54/58 | €89,381 | €56,614 | -€32,767 | -36.7% |
| Deferred charges and accrued income | 490/1 | €2,040 | €1,029 | -€1,011 | -49.6% |
| Total equity and liabilities | 10/49 | €153,842 | €103,569 | -€50,273 | -32.7% |
| Equity | 10/15 | €123,210 | €101,749 | -€21,461 | -17.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,805 | €81,344 | -€21,461 | -20.9% |
| Amounts payable | 17/49 | €30,632 | €1,820 | -€28,812 | -94.1% |
| Amounts payable within one year | 42/48 | €30,632 | €1,820 | -€28,812 | -94.1% |
| Trade debts | 44 | €8,809 | €1,298 | -€7,511 | -85.3% |
| Suppliers | 440/4 | €8,809 | €1,298 | -€7,511 | -85.3% |
| Taxes, remuneration and social security | 45 | €1,823 | €523 | -€1,301 | -71.3% |
| Taxes | 450/3 | €1,823 | €523 | -€1,301 | -71.3% |
| Other amounts payable | 47/48 | €20,000 | €0 | -€20,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €162 | €0 | -€162 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,203 | €6,039 | -€165 | -2.7% |
| Other operating charges | 640/8 | €976 | €9,601 | +€8,624 | +883.6% |
| Gross operating margin | 9900 | -€23,455 | €40,183 | +€63,638 | |
| Operating profit (loss) | 9901 | -€30,797 | €24,544 | +€55,340 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €348 | €844 | +€496 | +142.8% |
| Recurring financial charges | 65 | €348 | €844 | +€496 | +142.8% |
| Profit (loss) for the period before taxes | 9903 | -€31,144 | €23,700 | +€54,844 | |
| Income taxes | 67/77 | €317 | €10,161 | +€9,844 | +3104.6% |
| Profit (loss) for the period | 9904 | -€31,461 | €13,539 | +€45,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,461 | €13,539 | +€45,000 |
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 12 October 2026 via checked.be.