Casmati: 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.
Casmati
Largest movements
- Receivables within one year +€198,908
up €198,908 (+505.6%), from €39,341 to €238,249
of which Trade receivables: +€198,965
- Cash -€93,374
down €93,374 (-30.0%), from €310,856 to €217,482
mainly Contributions, distributions and other (-€594,407) and Receivables within one year (-€198,908)
- Tangible fixed assets -€16,962
down €16,962 (-99.6%), from €17,032 to €70
- Other debts +€223,630
up €223,630 (+118.1%), from €189,412 to €413,041
- Reserves -€184,677
down €184,677 (-57.7%), from €320,080 to €135,403
- Tax, wage and social debts +€49,547
up €49,547 (+66.2%), from €74,811 to €124,358
- Gross operating margin +€296,287
up €296,287 (+117.5%), from €252,167 to €548,453
- Taxes +€77,997
up €77,997 (+132.8%), from €58,744 to €136,741
- Depreciation -€9,520
down €9,520 (-96.9%), from €9,822 to €303
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 | €589,383 | €681,232 | +€91,849 | +15.6% |
| Fixed assets | 21/28 | €17,032 | €70 | -€16,962 | -99.6% |
| Tangible fixed assets | 22/27 | €17,032 | €70 | -€16,962 | -99.6% |
| Furniture and vehicles | 24 | €17,032 | €70 | -€16,962 | -99.6% |
| Current assets | 29/58 | €572,351 | €681,163 | +€108,811 | +19.0% |
| Amounts receivable after more than one year | 29 | €220,000 | €220,000 | = | 0.0% |
| Other amounts receivable | 291 | €220,000 | €220,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,341 | €238,249 | +€198,908 | +505.6% |
| Trade receivables | 40 | €39,284 | €238,249 | +€198,965 | +506.5% |
| Other amounts receivable | 41 | €57 | €0 | -€57 | -100.0% |
| Cash at bank and in hand | 54/58 | €310,856 | €217,482 | -€93,374 | -30.0% |
| Deferred charges and accrued income | 490/1 | €2,154 | €5,431 | +€3,277 | +152.1% |
| Total equity and liabilities | 10/49 | €589,383 | €681,232 | +€91,849 | +15.6% |
| Equity | 10/15 | €325,080 | €140,666 | -€184,414 | -56.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €320,080 | €135,403 | -€184,677 | -57.7% |
| Distributable reserves | 133 | €320,080 | €135,403 | -€184,677 | -57.7% |
| Profit (loss) carried forward | 14 | €0 | €263 | +€263 | |
| Amounts payable | 17/49 | €264,303 | €540,566 | +€276,263 | +104.5% |
| Amounts payable within one year | 42/48 | €264,303 | €540,306 | +€276,003 | +104.4% |
| Trade debts | 44 | €81 | €2,907 | +€2,826 | +3497.0% |
| Suppliers | 440/4 | €81 | €2,907 | +€2,826 | +3497.0% |
| Taxes, remuneration and social security | 45 | €74,811 | €124,358 | +€49,547 | +66.2% |
| Taxes | 450/3 | €74,811 | €124,358 | +€49,547 | +66.2% |
| Other amounts payable | 47/48 | €189,412 | €413,041 | +€223,630 | +118.1% |
| Accrued charges and deferred income | 492/3 | €0 | €260 | +€260 | |
| Non-recurring operating income | 76A | - | €3,341 | +€3,341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,822 | €303 | -€9,520 | -96.9% |
| Other operating charges | 640/8 | €1,051 | €863 | -€188 | -17.9% |
| Gross operating margin | 9900 | €252,167 | €548,453 | +€296,287 | +117.5% |
| Operating profit (loss) | 9901 | €241,293 | €547,287 | +€305,994 | +126.8% |
| Financial income | 75/76B | €3,020 | €3,007 | -€13 | -0.4% |
| Recurring financial income | 75 | €3,020 | €3,007 | -€13 | -0.4% |
| Financial charges | 65/66B | €892 | €3,561 | +€2,669 | +299.3% |
| Recurring financial charges | 65 | €892 | €3,561 | +€2,669 | +299.3% |
| Profit (loss) for the period before taxes | 9903 | €243,421 | €546,734 | +€303,312 | +124.6% |
| Income taxes | 67/77 | €58,744 | €136,741 | +€77,997 | +132.8% |
| Profit (loss) for the period | 9904 | €184,677 | €409,993 | +€225,316 | +122.0% |
| Profit (loss) for the period to be appropriated | 9905 | €184,677 | €409,993 | +€225,316 | +122.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.