CASELIA: 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.
What changed
CASELIA
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €675,326+€1.6m
Equity
€8.2m
2024 · €7.7m+€519,315
Cash
€10,577
2024 · €69,867-€59,290
Balance sheet total
€19.1m
2024 · €18.6m+€523,425
Largest movements
Assets
- Receivables within one year +€574,237
up €574,237 (+28.3%), from €2.0m to €2.6m
of which Trade receivables: +€480,000
Equity and liabilities
- Other debts +€1.6m
up €1.6m (+82.1%), from €2.0m to €3.6m
- Provisions -€1.6m
down €1.6m (-100%), from €1.6m to €0
- Profit (loss) carried forward +€519,315
up €519,315 (+33.9%), from €1.5m to €2.1m
- Debts after one year +€258,916
up €258,916 (+4.1%), from €6.2m to €6.5m
- Tax, wage and social debts -€194,792
down €194,792 (-40.4%), from €481,843 to €287,051
of which Taxes: -€194,792
Income statement
- Provisions -€3.2m
down €3.2m, from €1.6m to -€1.6m
- Gross operating margin -€3.0m
down €3.0m (-91.2%), from €3.3m to €292,869
- Financial income +€603,126
up €603,126 (+665%), from €90,744 to €693,870
- Other operating charges -€599,969
down €599,969 (-99.8%), from €600,968 to €998
- Taxes -€250,365
down €250,365 (-93.2%), from €268,708 to €18,343
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.
Result 2024
€675,326
Gross operating margin
-€3.0m
Staff costs
+€73
Provisions
+€3.2m
Other operating charges
+€599,969
Financial income
+€603,126
Financial charges
-€67,137
Taxes
+€250,365
Result 2025
€2.2m
raises the resultlowers the result
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.
From operations
+€1.4m
Investment
-€24,355
Financing
-€1.5m
Cash 2024
€69,867
From operations (derived)
+€1.4m
Net result for the year
+€2.2m
Receivables after one year
-€134,105
Receivables within one year
-€574,237
Deferred charges and accrued income
+€149,983
Provisions
-€1.6m
Trade debts
-€89,149
Tax, wage and social debts
-€194,792
Other debts
+€1.6m
Accrued charges and deferred income
-€43
Investment (derived)
-€24,355
Investment in fixed assets (net)
-€24,355
Financing
-€1.5m
Debts after one year
+€258,916
Contributions, distributions and other
-€1.7m
Cash 2025
€10,577
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,590,586 | €19,114,011 | +€523,425 | +2.8% |
| Fixed assets | 21/28 | €15,723,603 | €15,747,959 | +€24,355 | +0.2% |
| Financial fixed assets | 28 | €15,723,603 | €15,747,959 | +€24,355 | +0.2% |
| Current assets | 29/58 | €2,866,982 | €3,366,052 | +€499,070 | +17.4% |
| Amounts receivable after more than one year | 29 | €613,908 | €748,014 | +€134,105 | +21.8% |
| Other amounts receivable | 291 | €613,908 | €748,014 | +€134,105 | +21.8% |
| Amounts receivable within one year | 40/41 | €2,029,647 | €2,603,884 | +€574,237 | +28.3% |
| Trade receivables | 40 | €0 | €480,000 | +€480,000 | |
| Other amounts receivable | 41 | €2,029,647 | €2,123,884 | +€94,237 | +4.6% |
| Cash at bank and in hand | 54/58 | €69,867 | €10,577 | -€59,290 | -84.9% |
| Deferred charges and accrued income | 490/1 | €153,560 | €3,578 | -€149,983 | -97.7% |
| Total equity and liabilities | 10/49 | €18,590,586 | €19,114,011 | +€523,425 | +2.8% |
| Equity | 10/15 | €7,692,180 | €8,211,495 | +€519,315 | +6.8% |
| Contributions | 10/11 | €4,000,000 | €4,000,000 | = | 0.0% |
| Capital | 10 | €4,000,000 | €4,000,000 | = | 0.0% |
| Issued capital | 100 | €4,000,000 | €4,000,000 | = | 0.0% |
| Reserves | 13 | €2,158,251 | €2,158,251 | = | 0.0% |
| Non-distributable reserves | 130/1 | €158,251 | €158,251 | = | 0.0% |
| Legal reserve | 130 | €158,251 | €158,251 | = | 0.0% |
| Distributable reserves | 133 | €2,000,000 | €2,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,533,928 | €2,053,244 | +€519,315 | +33.9% |
| Provisions and deferred taxes | 16 | €1,600,000 | €0 | -€1.6m | -100% |
| Provisions for liabilities and charges | 160/5 | €1,600,000 | €0 | -€1.6m | -100% |
| Other liabilities and charges | 164/5 | €1,600,000 | €0 | -€1.6m | -100% |
| Amounts payable | 17/49 | €9,298,406 | €10,902,516 | +€1.6m | +17.3% |
| Amounts payable after more than one year | 17 | €6,246,909 | €6,505,826 | +€258,916 | +4.1% |
| Other amounts payable | 178/9 | €6,246,909 | €6,505,826 | +€258,916 | +4.1% |
| Amounts payable within one year | 42/48 | €3,051,401 | €4,396,638 | +€1.3m | +44.1% |
| Trade debts | 44 | €585,858 | €496,709 | -€89,149 | -15.2% |
| Suppliers | 440/4 | €585,858 | €496,709 | -€89,149 | -15.2% |
| Taxes, remuneration and social security | 45 | €481,843 | €287,051 | -€194,792 | -40.4% |
| Taxes | 450/3 | €481,843 | €287,051 | -€194,792 | -40.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,983,700 | €3,612,877 | +€1.6m | +82.1% |
| Accrued charges and deferred income | 492/3 | €95 | €52 | -€43 | -45.4% |
| Non-recurring operating income | 76A | €4,075,000 | €0 | -€4.1m | -100% |
| Remuneration, social security and pensions | 62 | €73 | €0 | -€73 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,600,000 | -€1,600,000 | -€3.2m | |
| Other operating charges | 640/8 | €600,968 | €998 | -€599,969 | -99.8% |
| Gross operating margin | 9900 | €3,310,275 | €292,869 | -€3.0m | -91.2% |
| Operating profit (loss) | 9901 | €1,109,235 | €1,891,871 | +€782,636 | +70.6% |
| Financial income | 75/76B | €90,744 | €693,870 | +€603,126 | +665% |
| Recurring financial income | 75 | €90,744 | €693,870 | +€603,126 | +665% |
| Financial charges | 65/66B | €255,945 | €323,082 | +€67,137 | +26.2% |
| Recurring financial charges | 65 | €214,183 | €323,082 | +€108,899 | +50.8% |
| Non-recurring financial charges | 66B | €41,761 | €0 | -€41,761 | -100% |
| Profit (loss) for the period before taxes | 9903 | €944,034 | €2,262,659 | +€1.3m | +140% |
| Income taxes | 67/77 | €268,708 | €18,343 | -€250,365 | -93.2% |
| Profit (loss) for the period | 9904 | €675,326 | €2,244,315 | +€1.6m | +232% |
| Profit (loss) for the period to be appropriated | 9905 | €675,326 | €2,244,315 | +€1.6m | +232% |
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.