CASIER - FIEUWS: 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.
CASIER - FIEUWS
Largest movements
- Cash +€80,071
up €80,071 (+304%), from €26,303 to €106,374
mainly Other debts (+€109,905) and Net result for the year (+€10,815)
- Current investments +€52,189
up €52,189 (+104%), from €50,000 to €102,189
- Receivables within one year -€6,169
down €6,169 (-29.2%), from €21,109 to €14,940
of which Trade receivables: -€6,148
- Other debts +€109,905
up €109,905 (+3,638%), from €3,021 to €112,927
- Reserves +€10,500
up €10,500 (+8.5%), from €124,256 to €134,756
- Trade debts +€4,582
up €4,582 (+474%), from €966 to €5,548
- Gross operating margin +€7,728
up €7,728 (+34.9%), from €22,133 to €29,861
- Financial charges +€6,791
up €6,791 (+10,204%), from €67 to €6,858
- Financial income +€3,611
up €3,611 (+801%), from €451 to €4,062
- Taxes +€1,775
up €1,775 (+54.3%), from €3,266 to €5,041
- Depreciation -€658
down €658 (-7.6%), from €8,651 to €7,993
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 | €174,483 | €298,665 | +€124,183 | +71.2% |
| Fixed assets | 21/28 | €74,796 | €73,846 | -€950 | -1.3% |
| Tangible fixed assets | 22/27 | €74,747 | €73,797 | -€950 | -1.3% |
| Land and buildings | 22 | €58,083 | €53,440 | -€4,643 | -8.0% |
| Plant, machinery and equipment | 23 | €388 | €0 | -€388 | -100% |
| Furniture and vehicles | 24 | €6,510 | €10,591 | +€4,081 | +62.7% |
| Other tangible fixed assets | 26 | €9,766 | €9,766 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €99,686 | €224,819 | +€125,133 | +126% |
| Amounts receivable within one year | 40/41 | €21,109 | €14,940 | -€6,169 | -29.2% |
| Trade receivables | 40 | €21,089 | €14,940 | -€6,148 | -29.2% |
| Other amounts receivable | 41 | €20 | €0 | -€20 | -100% |
| Current investments | 50/53 | €50,000 | €102,189 | +€52,189 | +104% |
| Cash at bank and in hand | 54/58 | €26,303 | €106,374 | +€80,071 | +304% |
| Deferred charges and accrued income | 490/1 | €2,275 | €1,316 | -€959 | -42.1% |
| Total equity and liabilities | 10/49 | €174,483 | €298,665 | +€124,183 | +71.2% |
| Equity | 10/15 | €162,647 | €173,462 | +€10,815 | +6.6% |
| Contributions | 10/11 | €30,943 | €30,943 | = | 0.0% |
| Reserves | 13 | €124,256 | €134,756 | +€10,500 | +8.5% |
| Distributable reserves | 133 | €124,256 | €134,756 | +€10,500 | +8.5% |
| Profit (loss) carried forward | 14 | €7,448 | €7,763 | +€315 | +4.2% |
| Amounts payable | 17/49 | €11,836 | €125,204 | +€113,368 | +958% |
| Amounts payable within one year | 42/48 | €11,836 | €125,204 | +€113,368 | +958% |
| Trade debts | 44 | €966 | €5,548 | +€4,582 | +474% |
| Suppliers | 440/4 | €966 | €5,548 | +€4,582 | +474% |
| Taxes, remuneration and social security | 45 | €7,848 | €6,729 | -€1,119 | -14.3% |
| Taxes | 450/3 | €7,848 | €6,729 | -€1,119 | -14.3% |
| Other amounts payable | 47/48 | €3,021 | €112,927 | +€109,905 | +3,638% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,651 | €7,993 | -€658 | -7.6% |
| Other operating charges | 640/8 | €3,169 | €3,217 | +€48 | +1.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €22,133 | €29,861 | +€7,728 | +34.9% |
| Operating profit (loss) | 9901 | €10,313 | €18,651 | +€8,338 | +80.9% |
| Financial income | 75/76B | €451 | €4,062 | +€3,611 | +801% |
| Recurring financial income | 75 | €451 | €4,062 | +€3,611 | +801% |
| Financial charges | 65/66B | €67 | €6,858 | +€6,791 | +10,204% |
| Recurring financial charges | 65 | €67 | €6,858 | +€6,791 | +10,204% |
| Profit (loss) for the period before taxes | 9903 | €10,697 | €15,856 | +€5,159 | +48.2% |
| Income taxes | 67/77 | €3,266 | €5,041 | +€1,775 | +54.3% |
| Profit (loss) for the period | 9904 | €7,431 | €10,815 | +€3,384 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,431 | €10,815 | +€3,384 | +45.5% |
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 29 October 2026 via checked.be.