CASCOR: 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.
CASCOR
Largest movements
- Cash +€49,268
up €49,268 (+6,074%), from €811 to €50,079
mainly Net result for the year (+€45,694) and Tax, wage and social debts (+€26,694)
- Receivables within one year +€49,018
up €49,018 (+17.6%), from €278,938 to €327,956
of which Trade receivables: +€41,864
- Deferred charges and accrued income -€16,535
down €16,535 (-76.7%), from €21,548 to €5,013
- Reserves +€104,621
up €104,621 (+4,982%), from €2,100 to €106,721
of which Distributable reserves: +€106,721
- Profit (loss) carried forward -€58,927
down €58,927 (-22.4%), from €263,087 to €204,160
- Tax, wage and social debts +€26,694
up €26,694 (+795%), from €3,356 to €30,050
of which Remuneration and social security: +€17,477
- Other debts +€7,048
up €7,048 (+28.2%), from €24,986 to €32,034
- Gross operating margin -€26,311
down €26,311 (-30.5%), from €86,248 to €59,937
- Financial income +€5,392
up €5,392 (+238%), from €2,261 to €7,653
- Taxes -€1,419
down €1,419 (-6.2%), from €22,742 to €21,324
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 | €301,297 | €383,048 | +€81,751 | +27.1% |
| Current assets | 29/58 | €301,297 | €383,048 | +€81,751 | +27.1% |
| Amounts receivable within one year | 40/41 | €278,938 | €327,956 | +€49,018 | +17.6% |
| Trade receivables | 40 | €73,207 | €115,071 | +€41,864 | +57.2% |
| Other amounts receivable | 41 | €205,730 | €212,884 | +€7,154 | +3.5% |
| Cash at bank and in hand | 54/58 | €811 | €50,079 | +€49,268 | +6,074% |
| Deferred charges and accrued income | 490/1 | €21,548 | €5,013 | -€16,535 | -76.7% |
| Total equity and liabilities | 10/49 | €301,297 | €383,048 | +€81,751 | +27.1% |
| Equity | 10/15 | €272,187 | €317,881 | +€45,694 | +16.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €106,721 | +€104,621 | +4,982% |
| Non-distributable reserves | 130/1 | €2,100 | €0 | -€2,100 | -100% |
| Reserves not available under the articles | 1311 | €2,100 | €0 | -€2,100 | -100% |
| Distributable reserves | 133 | - | €106,721 | +€106,721 | |
| Profit (loss) carried forward | 14 | €263,087 | €204,160 | -€58,927 | -22.4% |
| Amounts payable | 17/49 | €29,110 | €65,167 | +€36,057 | +124% |
| Amounts payable within one year | 42/48 | €28,736 | €63,473 | +€34,737 | +121% |
| Trade debts | 44 | €394 | €1,389 | +€995 | +253% |
| Suppliers | 440/4 | €394 | €1,389 | +€995 | +253% |
| Taxes, remuneration and social security | 45 | €3,356 | €30,050 | +€26,694 | +795% |
| Taxes | 450/3 | €3,356 | €12,572 | +€9,217 | +275% |
| Remuneration and social security | 454/9 | - | €17,477 | +€17,477 | |
| Other amounts payable | 47/48 | €24,986 | €32,034 | +€7,048 | +28.2% |
| Accrued charges and deferred income | 492/3 | €374 | €1,694 | +€1,320 | +353% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €877 | €528 | -€349 | -39.8% |
| Gross operating margin | 9900 | €86,248 | €59,937 | -€26,311 | -30.5% |
| Operating profit (loss) | 9901 | €85,371 | €59,409 | -€25,962 | -30.4% |
| Financial income | 75/76B | €2,261 | €7,653 | +€5,392 | +238% |
| Recurring financial income | 75 | €2,261 | €7,653 | +€5,392 | +238% |
| Financial charges | 65/66B | €71 | €45 | -€26 | -36.2% |
| Recurring financial charges | 65 | €71 | €45 | -€26 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €87,562 | €67,018 | -€20,544 | -23.5% |
| Income taxes | 67/77 | €22,742 | €21,324 | -€1,419 | -6.2% |
| Profit (loss) for the period | 9904 | €64,819 | €45,694 | -€19,126 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,819 | €45,694 | -€19,126 | -29.5% |
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 15 October 2026 via checked.be.