CASEN Consult: what changed
CASEN Consult
Largest movements
- Receivables within one year +€25,756
up €25,756 (+123%), from €20,937 to €46,693
of which Other amounts receivable: +€13,944
- Tangible fixed assets +€23,959
up €23,959 (+464%), from €5,159 to €29,118
- Deferred charges and accrued income -€10,277
down €10,277 (-94.5%), from €10,875 to €598
- Cash +€2,560
up €2,560 (+5.1%), from €50,142 to €52,703
mainly Other debts (+€72,277) and Net result for the year (+€58,111)
- Other debts +€72,277
up €72,277 (+13,695%), from €528 to €72,805
- Profit (loss) carried forward -€41,889
down €41,889 (-32.2%), from €130,034 to €88,145
- Trade debts +€13,134
new in 2025: €13,134
- Taxes +€2,858
up €2,858 (+19.1%), from €15,000 to €17,858
- Gross operating margin -€946
down €946 (-1.1%), from €84,111 to €83,165
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,114 | €189,112 | +€41,998 | +28.5% |
| Fixed assets | 21/28 | €5,159 | €29,118 | +€23,959 | +464% |
| Tangible fixed assets | 22/27 | €5,159 | €29,118 | +€23,959 | +464% |
| Furniture and vehicles | 24 | €5,159 | €29,118 | +€23,959 | +464% |
| Current assets | 29/58 | €141,955 | €159,994 | +€18,039 | +12.7% |
| Amounts receivable within one year | 40/41 | €20,937 | €46,693 | +€25,756 | +123% |
| Trade receivables | 40 | €15,881 | €27,693 | +€11,812 | +74.4% |
| Other amounts receivable | 41 | €5,056 | €19,000 | +€13,944 | +276% |
| Current investments | 50/53 | €60,000 | €60,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,142 | €52,703 | +€2,560 | +5.1% |
| Deferred charges and accrued income | 490/1 | €10,875 | €598 | -€10,277 | -94.5% |
| Total equity and liabilities | 10/49 | €147,114 | €189,112 | +€41,998 | +28.5% |
| Equity | 10/15 | €130,134 | €88,245 | -€41,889 | -32.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,034 | €88,145 | -€41,889 | -32.2% |
| Amounts payable | 17/49 | €16,980 | €100,867 | +€83,887 | +494% |
| Amounts payable within one year | 42/48 | €16,980 | €100,867 | +€83,887 | +494% |
| Trade debts | 44 | - | €13,134 | +€13,134 | |
| Suppliers | 440/4 | - | €13,134 | +€13,134 | |
| Taxes, remuneration and social security | 45 | €16,452 | €14,928 | -€1,524 | -9.3% |
| Taxes | 450/3 | €16,452 | €14,928 | -€1,524 | -9.3% |
| Other amounts payable | 47/48 | €528 | €72,805 | +€72,277 | +13,695% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,753 | €6,359 | +€606 | +10.5% |
| Other operating charges | 640/8 | €285 | €594 | +€309 | +108% |
| Gross operating margin | 9900 | €84,111 | €83,165 | -€946 | -1.1% |
| Operating profit (loss) | 9901 | €78,073 | €76,212 | -€1,861 | -2.4% |
| Financial income | 75/76B | €35 | €127 | +€92 | +259% |
| Recurring financial income | 75 | €35 | €127 | +€92 | +259% |
| Financial charges | 65/66B | €192 | €371 | +€178 | +92.6% |
| Recurring financial charges | 65 | €192 | €371 | +€178 | +92.6% |
| Profit (loss) for the period before taxes | 9903 | €77,916 | €75,969 | -€1,947 | -2.5% |
| Income taxes | 67/77 | €15,000 | €17,858 | +€2,858 | +19.1% |
| Profit (loss) for the period | 9904 | €62,916 | €58,111 | -€4,805 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €62,916 | €58,111 | -€4,805 | -7.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.