CASAVADI: 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.
CASAVADI
Largest movements
- Tangible fixed assets +€48,090
up €48,090 (+197.6%), from €24,337 to €72,427
of which Furniture and vehicles: +€44,320
- Cash -€4,099
down €4,099 (-16.7%), from €24,488 to €20,389
mainly Investment in fixed assets (net) (-€62,060) and Other debts (-€13,263)
- Receivables within one year +€3,557
up €3,557 (+29.3%), from €12,122 to €15,679
of which Other amounts receivable: +€4,389
- Deferred charges and accrued income +€1,710
up €1,710 (+296.9%), from €576 to €2,285
- Reserves +€27,874
up €27,874 (+423.9%), from €6,576 to €34,450
- Debts after one year +€21,049
up €21,049 (+280.0%), from €7,518 to €28,567
- Other debts -€13,263
down €13,263 (-38.4%), from €34,533 to €21,270
- Current portion of long-term debt +€8,635
up €8,635 (+197.2%), from €4,379 to €13,014
- Tax, wage and social debts +€2,605
up €2,605 (+55.7%), from €4,679 to €7,284
- Taxes +€9,253
new in 2025: €9,253
- Gross operating margin +€7,674
up €7,674 (+16.0%), from €48,096 to €55,771
- Depreciation +€5,450
up €5,450 (+64.0%), from €8,520 to €13,970
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 | €61,543 | €110,800 | +€49,258 | +80.0% |
| Fixed assets | 21/28 | €24,357 | €72,447 | +€48,090 | +197.4% |
| Tangible fixed assets | 22/27 | €24,337 | €72,427 | +€48,090 | +197.6% |
| Plant, machinery and equipment | 23 | €24,337 | €28,107 | +€3,771 | +15.5% |
| Furniture and vehicles | 24 | - | €44,320 | +€44,320 | |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €37,186 | €38,353 | +€1,167 | +3.1% |
| Amounts receivable within one year | 40/41 | €12,122 | €15,679 | +€3,557 | +29.3% |
| Trade receivables | 40 | €11,686 | €10,854 | -€832 | -7.1% |
| Other amounts receivable | 41 | €436 | €4,825 | +€4,389 | +1006.4% |
| Cash at bank and in hand | 54/58 | €24,488 | €20,389 | -€4,099 | -16.7% |
| Deferred charges and accrued income | 490/1 | €576 | €2,285 | +€1,710 | +296.9% |
| Total equity and liabilities | 10/49 | €61,543 | €110,800 | +€49,258 | +80.0% |
| Equity | 10/15 | €8,097 | €35,971 | +€27,874 | +344.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,576 | €34,450 | +€27,874 | +423.9% |
| Distributable reserves | 133 | €6,576 | €34,450 | +€27,874 | +423.9% |
| Profit (loss) carried forward | 14 | -€3,479 | -€3,479 | = | 0.0% |
| Amounts payable | 17/49 | €53,446 | €74,829 | +€21,384 | +40.0% |
| Amounts payable after more than one year | 17 | €7,518 | €28,567 | +€21,049 | +280.0% |
| Financial debts | 170/4 | €7,518 | €28,567 | +€21,049 | +280.0% |
| Amounts payable within one year | 42/48 | €45,927 | €46,262 | +€335 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €4,379 | €13,014 | +€8,635 | +197.2% |
| Trade debts | 44 | €2,336 | €4,694 | +€2,358 | +100.9% |
| Suppliers | 440/4 | €2,336 | €4,694 | +€2,358 | +100.9% |
| Taxes, remuneration and social security | 45 | €4,679 | €7,284 | +€2,605 | +55.7% |
| Taxes | 450/3 | €4,679 | €7,284 | +€2,605 | +55.7% |
| Other amounts payable | 47/48 | €34,533 | €21,270 | -€13,263 | -38.4% |
| Non-recurring operating income | 76A | €1,345 | - | -€1,345 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,520 | €13,970 | +€5,450 | +64.0% |
| Other operating charges | 640/8 | €1,376 | €1,374 | -€2 | -0.1% |
| Gross operating margin | 9900 | €48,096 | €55,771 | +€7,674 | +16.0% |
| Operating profit (loss) | 9901 | €38,201 | €40,427 | +€2,227 | +5.8% |
| Financial income | 75/76B | €17 | €12 | -€4 | -25.3% |
| Recurring financial income | 75 | €17 | €12 | -€4 | -25.3% |
| Financial charges | 65/66B | €3,495 | €3,312 | -€183 | -5.2% |
| Recurring financial charges | 65 | €3,495 | €3,312 | -€183 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €34,722 | €37,127 | +€2,405 | +6.9% |
| Income taxes | 67/77 | - | €9,253 | +€9,253 | |
| Profit (loss) for the period | 9904 | €34,722 | €27,874 | -€6,848 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,722 | €27,874 | -€6,848 | -19.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.