Casmo: 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.
Casmo
Largest movements
- Current investments +€20,000
new in 2025: €20,000
- Receivables within one year -€5,014
down €5,014 (-31.6%), from €15,853 to €10,839
of which Other amounts receivable: -€5,793
- Tangible fixed assets -€3,676
down €3,676 (-32.6%), from €11,278 to €7,602
of which Furniture and vehicles: -€4,393
- Cash +€2,529
up €2,529 (+12.4%), from €20,321 to €22,850
mainly Other debts (+€10,650) and Net result for the year (+€8,803)
- Deferred charges and accrued income +€1,007
new in 2025: €1,007
- Other debts +€10,650
new in 2025: €10,650
- Reserves +€8,803
up €8,803 (+29.9%), from €29,469 to €38,272
- Tax, wage and social debts -€3,507
down €3,507 (-44.8%), from €7,820 to €4,313
- Trade debts -€1,100
down €1,100 (-73.4%), from €1,500 to €400
- Gross operating margin +€5,355
up €5,355 (+33.2%), from €16,117 to €21,472
- Financial charges +€2,580
up €2,580 (+5733.0%), from €45 to €2,625
- Depreciation +€1,106
up €1,106 (+29.1%), from €3,799 to €4,905
- Taxes +€633
up €633 (+14.7%), from €4,304 to €4,936
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 | €47,451 | €62,298 | +€14,846 | +31.3% |
| Fixed assets | 21/28 | €11,278 | €7,602 | -€3,676 | -32.6% |
| Tangible fixed assets | 22/27 | €11,278 | €7,602 | -€3,676 | -32.6% |
| Plant, machinery and equipment | 23 | - | €717 | +€717 | |
| Furniture and vehicles | 24 | €11,278 | €6,885 | -€4,393 | -38.9% |
| Current assets | 29/58 | €36,174 | €54,696 | +€18,522 | +51.2% |
| Amounts receivable within one year | 40/41 | €15,853 | €10,839 | -€5,014 | -31.6% |
| Trade receivables | 40 | €8,555 | €9,334 | +€779 | +9.1% |
| Other amounts receivable | 41 | €7,298 | €1,505 | -€5,793 | -79.4% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €20,321 | €22,850 | +€2,529 | +12.4% |
| Deferred charges and accrued income | 490/1 | - | €1,007 | +€1,007 | |
| Total equity and liabilities | 10/49 | €47,451 | €62,298 | +€14,846 | +31.3% |
| Equity | 10/15 | €38,132 | €46,934 | +€8,803 | +23.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,469 | €38,272 | +€8,803 | +29.9% |
| Distributable reserves | 133 | €29,469 | €38,272 | +€8,803 | +29.9% |
| Profit (loss) carried forward | 14 | €2,462 | €2,462 | = | 0.0% |
| Amounts payable | 17/49 | €9,320 | €15,363 | +€6,043 | +64.8% |
| Amounts payable within one year | 42/48 | €9,320 | €15,363 | +€6,043 | +64.8% |
| Trade debts | 44 | €1,500 | €400 | -€1,100 | -73.4% |
| Suppliers | 440/4 | €1,500 | €400 | -€1,100 | -73.4% |
| Taxes, remuneration and social security | 45 | €7,820 | €4,313 | -€3,507 | -44.8% |
| Taxes | 450/3 | €7,820 | €4,313 | -€3,507 | -44.8% |
| Other amounts payable | 47/48 | - | €10,650 | +€10,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,799 | €4,905 | +€1,106 | +29.1% |
| Other operating charges | 640/8 | €387 | €281 | -€106 | -27.4% |
| Gross operating margin | 9900 | €16,117 | €21,472 | +€5,355 | +33.2% |
| Operating profit (loss) | 9901 | €11,930 | €16,286 | +€4,356 | +36.5% |
| Financial income | 75/76B | €133 | €78 | -€55 | -41.4% |
| Recurring financial income | 75 | €133 | €78 | -€55 | -41.4% |
| Financial charges | 65/66B | €45 | €2,625 | +€2,580 | +5733.0% |
| Recurring financial charges | 65 | €45 | €2,625 | +€2,580 | +5733.0% |
| Profit (loss) for the period before taxes | 9903 | €12,018 | €13,739 | +€1,721 | +14.3% |
| Income taxes | 67/77 | €4,304 | €4,936 | +€633 | +14.7% |
| Profit (loss) for the period | 9904 | €7,714 | €8,803 | +€1,088 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,714 | €8,803 | +€1,088 | +14.1% |
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 10 October 2026 via checked.be.