CASHALLO: 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.
CASHALLO
Largest movements
- Tangible fixed assets -€86,794
down €86,794 (-68.5%), from €126,684 to €39,890
of which Other tangible fixed assets: -€59,479
- Receivables within one year -€41,146
down €41,146 (-13.3%), from €309,168 to €268,022
of which Trade receivables: -€35,794
- Cash +€38,925
up €38,925 (+13.9%), from €279,787 to €318,712
mainly Net result for the year (+€280,264) and Other debts (+€143,343)
- Advances received -€152,639
down €152,639 (-27.2%), from €560,710 to €408,071
- Other debts +€143,343
up €143,343 (+108%), from €133,116 to €276,459
- Current portion of long-term debt -€53,450
down €53,450 (-82.0%), from €65,185 to €11,735
- Tax, wage and social debts -€18,014
down €18,014 (-41.0%), from €43,969 to €25,955
of which Taxes: -€10,777
- Debts after one year -€11,735
no longer reported in 2025 (was €11,735)
- Gross operating margin +€308,372
up €308,372 (+86.1%), from €357,973 to €666,346
- Staff costs +€27,771
up €27,771 (+9.7%), from €285,967 to €313,738
- Financial income +€18,394
up €18,394 (+35.4%), from €51,957 to €70,351
- Depreciation -€13,906
down €13,906 (-12.3%), from €112,654 to €98,748
- Other operating charges +€6,971
up €6,971 (+147%), from €4,755 to €11,726
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 | €1,138,466 | €1,041,535 | -€96,931 | -8.5% |
| Fixed assets | 21/28 | €162,929 | €76,135 | -€86,794 | -53.3% |
| Tangible fixed assets | 22/27 | €126,684 | €39,890 | -€86,794 | -68.5% |
| Furniture and vehicles | 24 | €67,201 | €39,886 | -€27,315 | -40.6% |
| Other tangible fixed assets | 26 | €59,483 | €4 | -€59,479 | -100.0% |
| Financial fixed assets | 28 | €36,245 | €36,245 | = | 0.0% |
| Current assets | 29/58 | €975,536 | €965,400 | -€10,137 | -1.0% |
| Stocks and contracts in progress | 3 | €85,632 | €80,742 | -€4,890 | -5.7% |
| Stocks | 30/36 | €85,632 | €80,742 | -€4,890 | -5.7% |
| Amounts receivable within one year | 40/41 | €309,168 | €268,022 | -€41,146 | -13.3% |
| Trade receivables | 40 | €270,782 | €234,988 | -€35,794 | -13.2% |
| Other amounts receivable | 41 | €38,385 | €33,033 | -€5,352 | -13.9% |
| Current investments | 50/53 | €294,000 | €294,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €279,787 | €318,712 | +€38,925 | +13.9% |
| Deferred charges and accrued income | 490/1 | €6,951 | €3,924 | -€3,027 | -43.5% |
| Total equity and liabilities | 10/49 | €1,138,466 | €1,041,535 | -€96,931 | -8.5% |
| Equity | 10/15 | €110,643 | €114,908 | +€4,264 | +3.9% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €2,434 | €2,434 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,434 | €2,434 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,434 | €2,434 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,390 | -€6,126 | +€4,264 | +41.0% |
| Amounts payable | 17/49 | €1,027,822 | €926,627 | -€101,195 | -9.8% |
| Amounts payable after more than one year | 17 | €11,735 | - | -€11,735 | |
| Financial debts | 170/4 | €11,735 | - | -€11,735 | |
| Amounts payable within one year | 42/48 | €1,014,873 | €926,627 | -€88,246 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €65,185 | €11,735 | -€53,450 | -82.0% |
| Trade debts | 44 | €211,894 | €204,408 | -€7,486 | -3.5% |
| Suppliers | 440/4 | €211,894 | €204,408 | -€7,486 | -3.5% |
| Advances received on contracts in progress | 46 | €560,710 | €408,071 | -€152,639 | -27.2% |
| Taxes, remuneration and social security | 45 | €43,969 | €25,955 | -€18,014 | -41.0% |
| Taxes | 450/3 | €10,777 | - | -€10,777 | |
| Remuneration and social security | 454/9 | €33,192 | €25,955 | -€7,237 | -21.8% |
| Other amounts payable | 47/48 | €133,116 | €276,459 | +€143,343 | +108% |
| Accrued charges and deferred income | 492/3 | €1,214 | - | -€1,214 | |
| Non-recurring operating income | 76A | €8,810 | €2,004 | -€6,806 | -77.2% |
| Remuneration, social security and pensions | 62 | €285,967 | €313,738 | +€27,771 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,654 | €98,748 | -€13,906 | -12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,368 | €6,799 | +€1,430 | +26.6% |
| Other operating charges | 640/8 | €4,755 | €11,726 | +€6,971 | +147% |
| Non-recurring operating charges | 66A | €456 | €4,352 | +€3,896 | +855% |
| Gross operating margin | 9900 | €357,973 | €666,346 | +€308,372 | +86.1% |
| Operating profit (loss) | 9901 | -€51,226 | €230,984 | +€282,210 | |
| Financial income | 75/76B | €51,957 | €70,351 | +€18,394 | +35.4% |
| Recurring financial income | 75 | €51,957 | €70,351 | +€18,394 | +35.4% |
| Financial charges | 65/66B | €4,442 | €5,692 | +€1,251 | +28.2% |
| Recurring financial charges | 65 | €4,442 | €5,692 | +€1,251 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,711 | €295,643 | +€299,354 | |
| Income taxes | 67/77 | €11,895 | €15,378 | +€3,484 | +29.3% |
| Profit (loss) for the period | 9904 | -€15,606 | €280,264 | +€295,870 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,606 | €280,264 | +€295,870 |
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 14 October 2026 via checked.be.