CASARA: 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.
CASARA
Largest movements
- Tangible fixed assets +€12,214
up €12,214 (+40.2%), from €30,358 to €42,572
of which Other tangible fixed assets: +€12,357
- Cash +€7,260
up €7,260 (+350.2%), from €2,073 to €9,332
mainly Net result for the year (+€21,656) and Depreciation (+€6,757)
- Deferred charges and accrued income -€913
down €913 (-90.2%), from €1,012 to €99
- Profit (loss) carried forward +€21,656
up €21,656 (+122.7%), from €17,645 to €39,301
- Trade debts -€4,663
down €4,663 (-34.1%), from €13,690 to €9,027
- Tax, wage and social debts +€2,386
up €2,386 (+21.6%), from €11,050 to €13,436
of which Taxes: +€1,770
- Gross operating margin +€16,043
up €16,043 (+53.6%), from €29,935 to €45,978
- Staff costs +€4,012
up €4,012 (+95.5%), from €4,203 to €8,214
- Depreciation +€3,389
up €3,389 (+100.6%), from €3,368 to €6,757
- Taxes +€1,559
up €1,559 (+28.9%), from €5,401 to €6,960
- Other operating charges +€873
up €873 (+136.8%), from €638 to €1,511
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 | €60,193 | €79,264 | +€19,071 | +31.7% |
| Fixed assets | 21/28 | €30,358 | €42,572 | +€12,214 | +40.2% |
| Tangible fixed assets | 22/27 | €30,358 | €42,572 | +€12,214 | +40.2% |
| Furniture and vehicles | 24 | €4,934 | €4,791 | -€143 | -2.9% |
| Other tangible fixed assets | 26 | €25,424 | €37,781 | +€12,357 | +48.6% |
| Current assets | 29/58 | €29,835 | €36,692 | +€6,858 | +23.0% |
| Amounts receivable within one year | 40/41 | €26,750 | €27,261 | +€511 | +1.9% |
| Trade receivables | 40 | €8,539 | €6,132 | -€2,407 | -28.2% |
| Other amounts receivable | 41 | €18,211 | €21,129 | +€2,918 | +16.0% |
| Cash at bank and in hand | 54/58 | €2,073 | €9,332 | +€7,260 | +350.2% |
| Deferred charges and accrued income | 490/1 | €1,012 | €99 | -€913 | -90.2% |
| Total equity and liabilities | 10/49 | €60,193 | €79,264 | +€19,071 | +31.7% |
| Equity | 10/15 | €20,145 | €41,801 | +€21,656 | +107.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,645 | €39,301 | +€21,656 | +122.7% |
| Amounts payable | 17/49 | €40,047 | €37,463 | -€2,584 | -6.5% |
| Amounts payable within one year | 42/48 | €39,740 | €37,463 | -€2,276 | -5.7% |
| Trade debts | 44 | €13,690 | €9,027 | -€4,663 | -34.1% |
| Suppliers | 440/4 | €13,690 | €9,027 | -€4,663 | -34.1% |
| Taxes, remuneration and social security | 45 | €11,050 | €13,436 | +€2,386 | +21.6% |
| Taxes | 450/3 | €10,771 | €12,541 | +€1,770 | +16.4% |
| Remuneration and social security | 454/9 | €279 | €895 | +€616 | +220.7% |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €308 | - | -€308 | |
| Remuneration, social security and pensions | 62 | €4,203 | €8,214 | +€4,012 | +95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,368 | €6,757 | +€3,389 | +100.6% |
| Other operating charges | 640/8 | €638 | €1,511 | +€873 | +136.8% |
| Gross operating margin | 9900 | €29,935 | €45,978 | +€16,043 | +53.6% |
| Operating profit (loss) | 9901 | €21,726 | €29,496 | +€7,769 | +35.8% |
| Financial income | 75/76B | €842 | €897 | +€56 | +6.6% |
| Recurring financial income | 75 | €842 | €897 | +€56 | +6.6% |
| Financial charges | 65/66B | €1,145 | €1,778 | +€632 | +55.2% |
| Recurring financial charges | 65 | €1,145 | €1,778 | +€632 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | €21,423 | €28,615 | +€7,193 | +33.6% |
| Income taxes | 67/77 | €5,401 | €6,960 | +€1,559 | +28.9% |
| Profit (loss) for the period | 9904 | €16,022 | €21,656 | +€5,634 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,022 | €21,656 | +€5,634 | +35.2% |
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 3 October 2026 via checked.be.