CASORODA: 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.
CASORODA
Largest movements
- Receivables within one year +€64,430
up €64,430 (+78.1%), from €82,547 to €146,977
of which Trade receivables: +€66,615
- Cash -€9,148
down €9,148 (-41.3%), from €22,141 to €12,993
mainly Receivables within one year (-€64,430) and Other debts (-€11,342)
- Deferred charges and accrued income +€4,305
up €4,305 (+264%), from €1,630 to €5,936
- Receivables after one year -€4,000
down €4,000 (-28.6%), from €14,000 to €10,000
- Reserves +€56,424
up €56,424 (+36.1%), from €156,285 to €212,708
of which Distributable reserves: +€56,424
- Other debts -€11,342
no longer reported in 2025 (was €11,342)
- Tax, wage and social debts +€10,491
up €10,491 (+102%), from €10,292 to €20,783
- Provisions -€35,000
no longer reported in 2025 (was €35,000)
- Taxes +€10,154
up €10,154 (+98.6%), from €10,303 to €20,457
- Financial income +€10,055
up €10,055 (+623%), from €1,615 to €11,670
- Gross operating margin -€4,310
down €4,310 (-6.0%), from €72,330 to €68,020
- Financial charges -€1,779
down €1,779 (-86.7%), from €2,051 to €272
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 | €327,701 | €381,151 | +€53,450 | +16.3% |
| Fixed assets | 21/28 | €122,382 | €120,244 | -€2,137 | -1.7% |
| Tangible fixed assets | 22/27 | €14,201 | €12,063 | -€2,137 | -15.1% |
| Plant, machinery and equipment | 23 | €169 | - | -€169 | |
| Furniture and vehicles | 24 | €13,986 | €12,063 | -€1,922 | -13.7% |
| Other tangible fixed assets | 26 | €46 | - | -€46 | |
| Financial fixed assets | 28 | €108,181 | €108,181 | = | 0.0% |
| Current assets | 29/58 | €205,319 | €260,907 | +€55,588 | +27.1% |
| Amounts receivable after more than one year | 29 | €14,000 | €10,000 | -€4,000 | -28.6% |
| Other amounts receivable | 291 | €14,000 | €10,000 | -€4,000 | -28.6% |
| Amounts receivable within one year | 40/41 | €82,547 | €146,977 | +€64,430 | +78.1% |
| Trade receivables | 40 | €72,317 | €138,932 | +€66,615 | +92.1% |
| Other amounts receivable | 41 | €10,231 | €8,046 | -€2,185 | -21.4% |
| Current investments | 50/53 | €85,000 | €85,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,141 | €12,993 | -€9,148 | -41.3% |
| Deferred charges and accrued income | 490/1 | €1,630 | €5,936 | +€4,305 | +264% |
| Total equity and liabilities | 10/49 | €327,701 | €381,151 | +€53,450 | +16.3% |
| Equity | 10/15 | €243,748 | €300,172 | +€56,424 | +23.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €156,285 | €212,708 | +€56,424 | +36.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €147,110 | €203,534 | +€56,424 | +38.4% |
| Profit (loss) carried forward | 14 | €25,464 | €25,464 | = | 0.0% |
| Provisions and deferred taxes | 16 | €60,000 | €60,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,000 | €60,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable | 17/49 | €23,952 | €20,979 | -€2,974 | -12.4% |
| Amounts payable within one year | 42/48 | €23,952 | €20,979 | -€2,974 | -12.4% |
| Trade debts | 44 | €2,318 | €195 | -€2,123 | -91.6% |
| Suppliers | 440/4 | €2,318 | €195 | -€2,123 | -91.6% |
| Taxes, remuneration and social security | 45 | €10,292 | €20,783 | +€10,491 | +102% |
| Taxes | 450/3 | €10,292 | €20,783 | +€10,491 | +102% |
| Other amounts payable | 47/48 | €11,342 | - | -€11,342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,166 | €2,137 | -€1,029 | -32.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €35,000 | - | -€35,000 | |
| Other operating charges | 640/8 | €619 | €400 | -€219 | -35.4% |
| Gross operating margin | 9900 | €72,330 | €68,020 | -€4,310 | -6.0% |
| Operating profit (loss) | 9901 | €33,545 | €65,483 | +€31,938 | +95.2% |
| Financial income | 75/76B | €1,615 | €11,670 | +€10,055 | +623% |
| Recurring financial income | 75 | €1,615 | €11,670 | +€10,055 | +623% |
| Financial charges | 65/66B | €2,051 | €272 | -€1,779 | -86.7% |
| Recurring financial charges | 65 | €2,051 | €272 | -€1,779 | -86.7% |
| Profit (loss) for the period before taxes | 9903 | €33,109 | €76,881 | +€43,772 | +132% |
| Income taxes | 67/77 | €10,303 | €20,457 | +€10,154 | +98.6% |
| Profit (loss) for the period | 9904 | €22,806 | €56,424 | +€33,617 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €22,806 | €56,424 | +€33,617 | +147% |
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 31 October 2026 via checked.be.