Cascon: 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.
Cascon
Largest movements
- Tangible fixed assets +€65,200
up €65,200 (+218%), from €29,908 to €95,108
of which Leasing and similar rights: +€66,650
- Current investments -€38,118
down €38,118 (-40.5%), from €94,132 to €56,014
- Cash -€11,029
down €11,029 (-11.8%), from €93,433 to €82,404
mainly Contributions, distributions and other (-€100,000) and Investment in fixed assets (net) (-€69,372)
- Debts after one year +€56,190
up €56,190, from €0 to €56,190
- Reserves -€29,983
down €29,983 (-32.2%), from €93,133 to €63,150
- Tax, wage and social debts -€19,443
down €19,443 (-50.6%), from €38,409 to €18,966
- Current portion of long-term debt +€8,606
up €8,606 (+84.7%), from €10,154 to €18,760
- Gross operating margin +€12,165
up €12,165 (+13.5%), from €89,883 to €102,048
- Depreciation -€10,171
down €10,171 (-70.9%), from €14,343 to €4,172
- Taxes +€8,828
up €8,828 (+54.2%), from €16,290 to €25,118
- Other operating charges +€1,350
up €1,350 (+54.1%), from €2,493 to €3,843
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 | €235,977 | €252,543 | +€16,566 | +7.0% |
| Fixed assets | 21/28 | €29,908 | €95,108 | +€65,200 | +218% |
| Tangible fixed assets | 22/27 | €29,908 | €95,108 | +€65,200 | +218% |
| Furniture and vehicles | 24 | €10,587 | €9,137 | -€1,450 | -13.7% |
| Leasing and similar rights | 25 | €19,321 | €85,971 | +€66,650 | +345% |
| Current assets | 29/58 | €206,068 | €157,434 | -€48,634 | -23.6% |
| Amounts receivable within one year | 40/41 | €16,940 | €16,940 | = | 0.0% |
| Trade receivables | 40 | €16,940 | €16,940 | = | 0.0% |
| Current investments | 50/53 | €94,132 | €56,014 | -€38,118 | -40.5% |
| Cash at bank and in hand | 54/58 | €93,433 | €82,404 | -€11,029 | -11.8% |
| Deferred charges and accrued income | 490/1 | €1,563 | €2,076 | +€513 | +32.8% |
| Total equity and liabilities | 10/49 | €235,977 | €252,543 | +€16,566 | +7.0% |
| Equity | 10/15 | €98,133 | €68,150 | -€29,983 | -30.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €93,133 | €63,150 | -€29,983 | -32.2% |
| Distributable reserves | 133 | €93,133 | €63,150 | -€29,983 | -32.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €137,844 | €184,392 | +€46,549 | +33.8% |
| Amounts payable after more than one year | 17 | €0 | €56,190 | +€56,190 | |
| Financial debts | 170/4 | €0 | €56,190 | +€56,190 | |
| Amounts payable within one year | 42/48 | €137,844 | €127,898 | -€9,946 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €10,154 | €18,760 | +€8,606 | +84.7% |
| Trade debts | 44 | €2,781 | €3,672 | +€891 | +32.0% |
| Suppliers | 440/4 | €2,781 | €3,672 | +€891 | +32.0% |
| Taxes, remuneration and social security | 45 | €38,409 | €18,966 | -€19,443 | -50.6% |
| Taxes | 450/3 | €38,409 | €18,966 | -€19,443 | -50.6% |
| Other amounts payable | 47/48 | €86,500 | €86,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €305 | +€305 | |
| Non-recurring operating income | 76A | - | €3,679 | +€3,679 | |
| Remuneration, social security and pensions | 62 | €1,920 | €1,920 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,343 | €4,172 | -€10,171 | -70.9% |
| Other operating charges | 640/8 | €2,493 | €3,843 | +€1,350 | +54.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €89,883 | €102,048 | +€12,165 | +13.5% |
| Operating profit (loss) | 9901 | €71,128 | €92,114 | +€20,986 | +29.5% |
| Financial income | 75/76B | €2,811 | €3,756 | +€945 | +33.6% |
| Recurring financial income | 75 | €2,811 | €3,756 | +€945 | +33.6% |
| Financial charges | 65/66B | €590 | €735 | +€146 | +24.7% |
| Recurring financial charges | 65 | €590 | €735 | +€146 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €73,349 | €95,135 | +€21,785 | +29.7% |
| Income taxes | 67/77 | €16,290 | €25,118 | +€8,828 | +54.2% |
| Profit (loss) for the period | 9904 | €57,060 | €70,017 | +€12,957 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,060 | €70,017 | +€12,957 | +22.7% |
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 21 October 2026 via checked.be.