Cascara Ventures: 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.
Cascara Ventures
Largest movements
- Financial fixed assets +€680,269
up €680,269 (+21.7%), from €3.1m to €3.8m
- Cash -€155,063
down €155,063 (-94.5%), from €164,170 to €9,107
mainly Investment in fixed assets (net) (-€680,269) and Receivables within one year (-€132,991)
- Receivables within one year +€132,991
up €132,991 (+13,598%), from €978 to €133,969
- Contributions +€2.4m
new in 2025: €2.4m
- Revaluation surpluses -€2.4m
no longer reported in 2025 (was €2.4m)
- Debts after one year +€664,879
up €664,879 (+46.7%), from €1.4m to €2.1m
- Financial income +€13,852
up €13,852, from €0 to €13,852
- Financial charges +€11,892
up €11,892 (+3,223%), from €369 to €12,261
of which Financial charges: +€12,134
- Purchases and services +€3,763
up €3,763 (+88.5%), from €4,252 to €8,015
- Gross operating margin -€2,641
down €2,641 (-62.1%), from -€4,252 to -€6,893
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 | €3,296,462 | €3,954,659 | +€658,197 | +20.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,131,314 | €3,811,583 | +€680,269 | +21.7% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €3,131,314 | €3,811,583 | +€680,269 | +21.7% |
| Current assets | 29/58 | €165,148 | €143,076 | -€22,072 | -13.4% |
| Amounts receivable within one year | 40/41 | €978 | €133,969 | +€132,991 | +13,598% |
| Other amounts receivable | 41 | €978 | €133,969 | +€132,991 | +13,598% |
| Cash at bank and in hand | 54/58 | €164,170 | €9,107 | -€155,063 | -94.5% |
| Total equity and liabilities | 10/49 | €3,296,462 | €3,954,659 | +€658,197 | +20.0% |
| Equity | 10/15 | €1,871,313 | €1,865,904 | -€5,409 | -0.3% |
| Contributions | 10/11 | - | €2,382,000 | +€2.4m | |
| Revaluation surpluses | 12 | €2,382,000 | - | -€2.4m | |
| Reserves | 13 | €632 | €632 | = | 0.0% |
| Non-distributable reserves | 130/1 | €632 | - | -€632 | |
| Other | 1319 | €632 | - | -€632 | |
| Distributable reserves | 133 | - | €632 | +€632 | |
| Profit (loss) carried forward | 14 | -€511,319 | -€516,728 | -€5,409 | -1.1% |
| Amounts payable | 17/49 | €1,425,149 | €2,088,755 | +€663,606 | +46.6% |
| Amounts payable after more than one year | 17 | €1,423,220 | €2,088,099 | +€664,879 | +46.7% |
| Financial debts | 170/4 | €1,423,220 | €2,088,099 | +€664,879 | +46.7% |
| Amounts payable within one year | 42/48 | €1,929 | €656 | -€1,273 | -66.0% |
| Financial debts | 43 | €270 | - | -€270 | |
| Credit institutions | 430/8 | €270 | - | -€270 | |
| Trade debts | 44 | €1,559 | - | -€1,559 | |
| Suppliers | 440/4 | €1,559 | - | -€1,559 | |
| Taxes, remuneration and social security | 45 | €100 | - | -€100 | |
| Taxes | 450/3 | €100 | - | -€100 | |
| Other amounts payable | 47/48 | €0 | €656 | +€656 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €1,122 | +€1,122 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,252 | €8,015 | +€3,763 | +88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €0 | = | |
| Gross operating margin | 9900 | -€4,252 | -€6,893 | -€2,641 | -62.1% |
| Operating profit (loss) | 9901 | -€4,252 | -€6,893 | -€2,641 | -62.1% |
| Financial income | 75/76B | €0 | €13,852 | +€13,852 | |
| Recurring financial income | 75 | €0 | €13,852 | +€13,852 | |
| Financial charges | 65/66B | €369 | €12,261 | +€11,892 | +3,223% |
| Recurring financial charges | 65 | €127 | €12,261 | +€12,134 | +9,554% |
| Non-recurring financial charges | 66B | €242 | - | -€242 | |
| Profit (loss) for the period before taxes | 9903 | -€4,621 | -€5,302 | -€681 | -14.7% |
| Income taxes | 67/77 | €100 | €107 | +€7 | +7.0% |
| Profit (loss) for the period | 9904 | -€4,721 | -€5,409 | -€688 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,721 | -€5,409 | -€688 | -14.6% |
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 13 October 2026 via checked.be.