CASiA Projects: 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.
CASiA Projects
Largest movements
- Stocks and contracts +€60,576
new in 2025: €60,576
- Cash -€33,094
down €33,094 (-78.5%), from €42,173 to €9,079
mainly Stocks and contracts (-€60,576) and Net result for the year (-€11,168)
- Receivables within one year -€5,870
down €5,870 (-5.3%), from €110,018 to €104,148
- Deferred charges and accrued income +€2,710
new in 2025: €2,710
- Trade debts +€31,951
up €31,951 (+16860.4%), from €190 to €32,140
- Reserves -€11,168
down €11,168 (-33.4%), from €33,402 to €22,234
- Other debts +€3,540
up €3,540 (+3.5%), from €100,000 to €103,540
- Gross operating margin -€13,867
down €13,867, from €7,996 to -€5,871
- Financial charges +€3,505
up €3,505 (+361.6%), from €969 to €4,474
- Taxes -€1,672
down €1,672 (-100.0%), from €1,672 to €0
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.
Cash bridge derived
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 | €152,191 | €176,514 | +€24,323 | +16.0% |
| Current assets | 29/58 | €152,191 | €176,514 | +€24,323 | +16.0% |
| Stocks and contracts in progress | 3 | - | €60,576 | +€60,576 | |
| Stocks | 30/36 | - | €60,576 | +€60,576 | |
| Amounts receivable within one year | 40/41 | €110,018 | €104,148 | -€5,870 | -5.3% |
| Other amounts receivable | 41 | €110,018 | €104,148 | -€5,870 | -5.3% |
| Cash at bank and in hand | 54/58 | €42,173 | €9,079 | -€33,094 | -78.5% |
| Deferred charges and accrued income | 490/1 | - | €2,710 | +€2,710 | |
| Total equity and liabilities | 10/49 | €152,191 | €176,514 | +€24,323 | +16.0% |
| Equity | 10/15 | €52,002 | €40,834 | -€11,168 | -21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,402 | €22,234 | -€11,168 | -33.4% |
| Distributable reserves | 133 | €33,402 | €22,234 | -€11,168 | -33.4% |
| Amounts payable | 17/49 | €100,190 | €135,680 | +€35,491 | +35.4% |
| Amounts payable within one year | 42/48 | €100,190 | €135,680 | +€35,491 | +35.4% |
| Trade debts | 44 | €190 | €32,140 | +€31,951 | +16860.4% |
| Suppliers | 440/4 | €190 | €32,140 | +€31,951 | +16860.4% |
| Other amounts payable | 47/48 | €100,000 | €103,540 | +€3,540 | +3.5% |
| Other operating charges | 640/8 | €876 | €873 | -€3 | -0.4% |
| Gross operating margin | 9900 | €7,996 | -€5,871 | -€13,867 | |
| Operating profit (loss) | 9901 | €7,120 | -€6,744 | -€13,863 | |
| Financial income | 75/76B | €105 | €50 | -€55 | -52.5% |
| Recurring financial income | 75 | €105 | €50 | -€55 | -52.5% |
| Financial charges | 65/66B | €969 | €4,474 | +€3,505 | +361.6% |
| Recurring financial charges | 65 | €969 | €4,474 | +€3,505 | +361.6% |
| Profit (loss) for the period before taxes | 9903 | €6,256 | -€11,168 | -€17,423 | |
| Income taxes | 67/77 | €1,672 | €0 | -€1,672 | -100.0% |
| Profit (loss) for the period | 9904 | €4,584 | -€11,168 | -€15,752 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,584 | -€11,168 | -€15,752 |
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 10 October 2026 via checked.be.