CASCAVEL: 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.
CASCAVEL
Largest movements
- Tangible fixed assets -€29,184
down €29,184 (-13.2%), from €221,003 to €191,819
- Cash +€10,255
up €10,255 (+68.1%), from €15,054 to €25,309
mainly Depreciation (+€29,184) and Trade debts (+€968)
- Reserves -€7,047
down €7,047 (-2.5%), from €281,880 to €274,834
of which Tax-exempt reserves: -€7,047
- Other debts -€5,841
down €5,841 (-3.4%), from €169,884 to €164,042
- Profit (loss) carried forward -€4,988
down €4,988 (-1.3%), from -€389,355 to -€394,343
- Other operating charges +€6,781
up €6,781 (+5137.3%), from €132 to €6,913
- Gross operating margin -€405
down €405 (-1.8%), from €22,536 to €22,131
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 | €278,525 | €259,855 | -€18,670 | -6.7% |
| Fixed assets | 21/28 | €221,503 | €192,319 | -€29,184 | -13.2% |
| Tangible fixed assets | 22/27 | €221,003 | €191,819 | -€29,184 | -13.2% |
| Land and buildings | 22 | €221,003 | €191,819 | -€29,184 | -13.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €57,022 | €67,536 | +€10,514 | +18.4% |
| Amounts receivable within one year | 40/41 | €74 | €149 | +€75 | +100.4% |
| Other amounts receivable | 41 | €74 | €149 | +€75 | +100.4% |
| Current investments | 50/53 | €41,575 | €41,740 | +€164 | +0.4% |
| Cash at bank and in hand | 54/58 | €15,054 | €25,309 | +€10,255 | +68.1% |
| Deferred charges and accrued income | 490/1 | €319 | €338 | +€19 | +6.1% |
| Total equity and liabilities | 10/49 | €278,525 | €259,855 | -€18,670 | -6.7% |
| Equity | 10/15 | €95,159 | €83,124 | -€12,035 | -12.6% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Revaluation surpluses | 12 | €103,476 | €103,476 | = | 0.0% |
| Reserves | 13 | €281,880 | €274,834 | -€7,047 | -2.5% |
| Tax-exempt reserves | 132 | €45,356 | €38,310 | -€7,047 | -15.5% |
| Distributable reserves | 133 | €236,524 | €236,524 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€389,355 | -€394,343 | -€4,988 | -1.3% |
| Provisions and deferred taxes | 16 | €11,339 | €9,577 | -€1,762 | -15.5% |
| Deferred taxes | 168 | €11,339 | €9,577 | -€1,762 | -15.5% |
| Amounts payable | 17/49 | €172,027 | €167,153 | -€4,874 | -2.8% |
| Amounts payable within one year | 42/48 | €172,027 | €167,153 | -€4,874 | -2.8% |
| Trade debts | 44 | €2,144 | €3,111 | +€968 | +45.1% |
| Suppliers | 440/4 | €2,144 | €3,111 | +€968 | +45.1% |
| Other amounts payable | 47/48 | €169,884 | €164,042 | -€5,841 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,184 | €29,184 | = | 0.0% |
| Other operating charges | 640/8 | €132 | €6,913 | +€6,781 | +5137.3% |
| Gross operating margin | 9900 | €22,536 | €22,131 | -€405 | -1.8% |
| Operating profit (loss) | 9901 | -€6,780 | -€13,967 | -€7,186 | -106.0% |
| Financial income | 75/76B | €248 | €249 | +€1 | +0.4% |
| Recurring financial income | 75 | €248 | €249 | +€1 | +0.4% |
| Financial charges | 65/66B | €75 | €79 | +€4 | +5.3% |
| Recurring financial charges | 65 | €75 | €79 | +€4 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,607 | -€13,797 | -€7,189 | -108.8% |
| Transfer from deferred taxes | 780 | €1,762 | €1,762 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€4,845 | -€12,035 | -€7,189 | -148.4% |
| Transfer from tax-exempt reserves | 789 | €7,047 | €7,047 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,201 | -€4,988 | -€7,189 |
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.