CASCO (X): 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.
CASCO (X)
Largest movements
- Tangible fixed assets -€1,750
down €1,750 (-100.0%), from €1,750 to €0
- Cash -€1,559
down €1,559 (-71.7%), from €2,173 to €614
mainly Debts after one year (-€470,000) and Net result for the year (-€2,922)
- Debts after one year -€470,000
down €470,000 (-100.0%), from €470,000 to €0
- Other debts +€470,000
up €470,000 (+336.4%), from €139,720 to €609,720
- Profit (loss) carried forward -€2,922
down €2,922 (-0.5%), from -€625,147 to -€628,069
- Trade debts -€387
down €387 (-51.6%), from €750 to €363
- Financial charges +€1,733
up €1,733 (+2331.8%), from €74 to €1,807
of which Non-recurring financial charges: +€1,750
- Gross operating margin -€914
down €914 (-1129.2%), from -€81 to -€995
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 | €3,923 | €614 | -€3,309 | -84.3% |
| Fixed assets | 21/28 | €1,750 | €0 | -€1,750 | -100.0% |
| Tangible fixed assets | 22/27 | €1,750 | €0 | -€1,750 | -100.0% |
| Other tangible fixed assets | 26 | €1,750 | €0 | -€1,750 | -100.0% |
| Current assets | 29/58 | €2,173 | €614 | -€1,559 | -71.7% |
| Cash at bank and in hand | 54/58 | €2,173 | €614 | -€1,559 | -71.7% |
| Total equity and liabilities | 10/49 | €3,923 | €614 | -€3,309 | -84.3% |
| Equity | 10/15 | -€606,547 | -€609,469 | -€2,922 | -0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€625,147 | -€628,069 | -€2,922 | -0.5% |
| Amounts payable | 17/49 | €610,470 | €610,083 | -€387 | -0.1% |
| Amounts payable after more than one year | 17 | €470,000 | €0 | -€470,000 | -100.0% |
| Financial debts | 170/4 | €470,000 | €0 | -€470,000 | -100.0% |
| Amounts payable within one year | 42/48 | €140,470 | €610,083 | +€469,613 | +334.3% |
| Trade debts | 44 | €750 | €363 | -€387 | -51.6% |
| Suppliers | 440/4 | €750 | €363 | -€387 | -51.6% |
| Other amounts payable | 47/48 | €139,720 | €609,720 | +€470,000 | +336.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€81 | -€995 | -€914 | -1129.2% |
| Operating profit (loss) | 9901 | -€199 | -€1,115 | -€916 | -460.3% |
| Financial charges | 65/66B | €74 | €1,807 | +€1,733 | +2331.8% |
| Recurring financial charges | 65 | €74 | €57 | -€17 | -23.2% |
| Non-recurring financial charges | 66B | - | €1,750 | +€1,750 | |
| Profit (loss) for the period before taxes | 9903 | -€273 | -€2,922 | -€2,648 | -969.3% |
| Profit (loss) for the period | 9904 | -€273 | -€2,922 | -€2,648 | -969.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€273 | -€2,922 | -€2,648 | -969.3% |
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 8 October 2026 via checked.be.