CASISA: what changed
Two fiscal 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.
CASISA
Largest movements
- Tangible fixed assets +€10,223
up €10,223 (+223.8%), from €4,568 to €14,791
- Cash -€4,693
down €4,693 (-32.2%), from €14,570 to €9,877
mainly Investment in fixed assets (net) (-€11,117) and Other debts (-€800)
- Deferred charges and accrued income +€780
new in 2025: €780
- Reserves +€5,000
up €5,000 (+15.5%), from €32,300 to €37,300
of which Distributable reserves: +€5,000
- Trade debts +€1,502
up €1,502 (+41.8%), from €3,594 to €5,096
- Other debts -€800
no longer reported in 2025 (was €800)
- Gross operating margin +€1,101
up €1,101 (+12.1%), from €9,090 to €10,192
- Depreciation -€286
down €286 (-24.3%), from €1,180 to €894
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 | €68,871 | €74,859 | +€5,988 | +8.7% |
| Fixed assets | 21/28 | €4,568 | €14,791 | +€10,223 | +223.8% |
| Tangible fixed assets | 22/27 | €4,568 | €14,791 | +€10,223 | +223.8% |
| Furniture and vehicles | 24 | €4,568 | €14,791 | +€10,223 | +223.8% |
| Current assets | 29/58 | €64,303 | €60,068 | -€4,235 | -6.6% |
| Amounts receivable within one year | 40/41 | €49,733 | €49,411 | -€322 | -0.6% |
| Trade receivables | 40 | - | €1,851 | +€1,851 | |
| Other amounts receivable | 41 | €49,733 | €47,560 | -€2,173 | -4.4% |
| Cash at bank and in hand | 54/58 | €14,570 | €9,877 | -€4,693 | -32.2% |
| Deferred charges and accrued income | 490/1 | - | €780 | +€780 | |
| Total equity and liabilities | 10/49 | €68,871 | €74,859 | +€5,988 | +8.7% |
| Equity | 10/15 | €63,438 | €69,171 | +€5,732 | +9.0% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Capital | 10 | €6,605 | €6,605 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €32,300 | €37,300 | +€5,000 | +15.5% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Legal reserve | 130 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €30,400 | €35,400 | +€5,000 | +16.4% |
| Profit (loss) carried forward | 14 | €24,533 | €25,265 | +€732 | +3.0% |
| Amounts payable | 17/49 | €5,433 | €5,688 | +€255 | +4.7% |
| Amounts payable within one year | 42/48 | €5,433 | €5,688 | +€255 | +4.7% |
| Trade debts | 44 | €3,594 | €5,096 | +€1,502 | +41.8% |
| Suppliers | 440/4 | €3,594 | €5,096 | +€1,502 | +41.8% |
| Taxes, remuneration and social security | 45 | €1,039 | €593 | -€446 | -42.9% |
| Taxes | 450/3 | €1,039 | €593 | -€446 | -42.9% |
| Other amounts payable | 47/48 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,180 | €894 | -€286 | -24.3% |
| Other operating charges | 640/8 | €448 | €495 | +€48 | +10.7% |
| Gross operating margin | 9900 | €9,090 | €10,192 | +€1,101 | +12.1% |
| Operating profit (loss) | 9901 | €7,463 | €8,802 | +€1,339 | +17.9% |
| Financial charges | 65/66B | €153 | €158 | +€4 | +2.8% |
| Recurring financial charges | 65 | €153 | €158 | +€4 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €7,310 | €8,645 | +€1,335 | +18.3% |
| Income taxes | 67/77 | €2,918 | €2,913 | -€5 | -0.2% |
| Profit (loss) for the period | 9904 | €4,392 | €5,732 | +€1,340 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,392 | €5,732 | +€1,340 | +30.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.