Casini: 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.
Casini
Largest movements
- Tangible fixed assets +€18,843
up €18,843 (+226%), from €8,354 to €27,197
of which Furniture and vehicles: +€19,733
- Intangible fixed assets -€6,500
down €6,500 (-10.7%), from €60,667 to €54,167
- Stocks and contracts +€4,000
new in 2025: €4,000
- Cash +€3,283
up €3,283 (+27.2%), from €12,061 to €15,344
mainly Depreciation (+€11,901) and Net result for the year (+€9,858)
- Deferred charges and accrued income +€1,445
up €1,445 (+922%), from €157 to €1,601
- Profit (loss) carried forward +€9,858
up €9,858 (+156%), from €6,314 to €16,172
- Current portion of long-term debt +€5,673
up €5,673 (+56.1%), from €10,107 to €15,780
- Tax, wage and social debts +€4,603
up €4,603 (+134%), from €3,447 to €8,050
of which Remuneration and social security: +€4,403
- Debts after one year +€1,946
up €1,946 (+5.0%), from €39,260 to €41,207
- Trade debts -€1,088
down €1,088 (-100%), from €1,088 to €0
- Staff costs -€8,985
down €8,985 (-25.1%), from €35,827 to €26,842
- Depreciation +€7,015
up €7,015 (+144%), from €4,886 to €11,901
- Gross operating margin +€6,422
up €6,422 (+12.5%), from €51,356 to €57,778
- Financial charges +€2,133
up €2,133 (+120%), from €1,781 to €3,914
- Taxes +€1,486
up €1,486 (+106%), from €1,400 to €2,887
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 | €82,820 | €104,411 | +€21,591 | +26.1% |
| Fixed assets | 21/28 | €69,021 | €81,364 | +€12,343 | +17.9% |
| Intangible fixed assets | 21 | €60,667 | €54,167 | -€6,500 | -10.7% |
| Tangible fixed assets | 22/27 | €8,354 | €27,197 | +€18,843 | +226% |
| Furniture and vehicles | 24 | - | €19,733 | +€19,733 | |
| Other tangible fixed assets | 26 | €8,354 | €7,464 | -€891 | -10.7% |
| Current assets | 29/58 | €13,799 | €23,047 | +€9,248 | +67.0% |
| Stocks and contracts in progress | 3 | - | €4,000 | +€4,000 | |
| Stocks | 30/36 | - | €4,000 | +€4,000 | |
| Amounts receivable within one year | 40/41 | €1,581 | €2,102 | +€520 | +32.9% |
| Trade receivables | 40 | - | €784 | +€784 | |
| Other amounts receivable | 41 | €1,581 | €1,318 | -€264 | -16.7% |
| Cash at bank and in hand | 54/58 | €12,061 | €15,344 | +€3,283 | +27.2% |
| Deferred charges and accrued income | 490/1 | €157 | €1,601 | +€1,445 | +922% |
| Total equity and liabilities | 10/49 | €82,820 | €104,411 | +€21,591 | +26.1% |
| Equity | 10/15 | €11,314 | €21,172 | +€9,858 | +87.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,314 | €16,172 | +€9,858 | +156% |
| Amounts payable | 17/49 | €71,506 | €83,239 | +€11,733 | +16.4% |
| Amounts payable after more than one year | 17 | €39,260 | €41,207 | +€1,946 | +5.0% |
| Financial debts | 170/4 | €39,260 | €41,207 | +€1,946 | +5.0% |
| Amounts payable within one year | 42/48 | €32,245 | €41,803 | +€9,557 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €10,107 | €15,780 | +€5,673 | +56.1% |
| Trade debts | 44 | €1,088 | €0 | -€1,088 | -100% |
| Suppliers | 440/4 | €1,088 | €0 | -€1,088 | -100% |
| Taxes, remuneration and social security | 45 | €3,447 | €8,050 | +€4,603 | +134% |
| Taxes | 450/3 | €1,400 | €1,600 | +€200 | +14.3% |
| Remuneration and social security | 454/9 | €2,047 | €6,450 | +€4,403 | +215% |
| Other amounts payable | 47/48 | €17,604 | €17,972 | +€369 | +2.1% |
| Accrued charges and deferred income | 492/3 | - | €230 | +€230 | |
| Remuneration, social security and pensions | 62 | €35,827 | €26,842 | -€8,985 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,886 | €11,901 | +€7,015 | +144% |
| Other operating charges | 640/8 | €1,148 | €2,478 | +€1,330 | +116% |
| Gross operating margin | 9900 | €51,356 | €57,778 | +€6,422 | +12.5% |
| Operating profit (loss) | 9901 | €9,495 | €16,557 | +€7,062 | +74.4% |
| Financial income | 75/76B | €0 | €101 | +€100 | +22,741% |
| Recurring financial income | 75 | €0 | €101 | +€100 | +22,741% |
| Financial charges | 65/66B | €1,781 | €3,914 | +€2,133 | +120% |
| Recurring financial charges | 65 | €1,781 | €3,914 | +€2,133 | +120% |
| Profit (loss) for the period before taxes | 9903 | €7,715 | €12,744 | +€5,029 | +65.2% |
| Income taxes | 67/77 | €1,400 | €2,887 | +€1,486 | +106% |
| Profit (loss) for the period | 9904 | €6,314 | €9,858 | +€3,543 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,314 | €9,858 | +€3,543 | +56.1% |
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 17 October 2026 via checked.be.