CASPAINT: 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.
CASPAINT
Largest movements
- Receivables within one year +€355,583
up €355,583 (+239%), from €148,516 to €504,099
of which Trade receivables: +€264,687
- Cash +€291,870
up €291,870 (+132%), from €220,390 to €512,260
mainly Net result for the year (+€452,266) and Tax, wage and social debts (+€252,388)
- Tangible fixed assets +€34,111
up €34,111 (+247%), from €13,796 to €47,907
of which Land and buildings: +€39,000
- Tax, wage and social debts +€252,388
up €252,388 (+1,175%), from €21,486 to €273,874
of which Taxes: +€249,372
- Trade debts +€207,373
up €207,373 (+305%), from €68,067 to €275,440
- Reserves +€207,266
up €207,266 (+201%), from €103,322 to €310,588
- Other debts +€18,750
up €18,750 (+16.3%), from €115,000 to €133,750
- Gross operating margin +€626,937
up €626,937 (+1,965%), from €31,901 to €658,838
- Taxes +€172,896
up €172,896 (+707%), from €24,462 to €197,358
- Financial income -€17,320
down €17,320 (-100.0%), from €17,323 to €2
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 | €386,299 | €1,069,199 | +€682,900 | +177% |
| Fixed assets | 21/28 | €16,446 | €50,557 | +€34,111 | +207% |
| Tangible fixed assets | 22/27 | €13,796 | €47,907 | +€34,111 | +247% |
| Land and buildings | 22 | - | €39,000 | +€39,000 | |
| Plant, machinery and equipment | 23 | €196 | €1,799 | +€1,603 | +819% |
| Furniture and vehicles | 24 | €13,601 | €7,108 | -€6,493 | -47.7% |
| Financial fixed assets | 28 | €2,650 | €2,650 | = | 0.0% |
| Current assets | 29/58 | €369,853 | €1,018,643 | +€648,790 | +175% |
| Amounts receivable within one year | 40/41 | €148,516 | €504,099 | +€355,583 | +239% |
| Trade receivables | 40 | €140,696 | €405,382 | +€264,687 | +188% |
| Other amounts receivable | 41 | €7,821 | €98,717 | +€90,897 | +1,162% |
| Cash at bank and in hand | 54/58 | €220,390 | €512,260 | +€291,870 | +132% |
| Deferred charges and accrued income | 490/1 | €947 | €2,283 | +€1,337 | +141% |
| Total equity and liabilities | 10/49 | €386,299 | €1,069,199 | +€682,900 | +177% |
| Equity | 10/15 | €174,833 | €382,099 | +€207,266 | +119% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €103,322 | €310,588 | +€207,266 | +201% |
| Distributable reserves | 133 | €103,322 | €310,588 | +€207,266 | +201% |
| Profit (loss) carried forward | 14 | €57,311 | €57,311 | = | 0.0% |
| Amounts payable | 17/49 | €211,466 | €687,100 | +€475,634 | +225% |
| Amounts payable after more than one year | 17 | €536 | - | -€536 | |
| Financial debts | 170/4 | €536 | - | -€536 | |
| Amounts payable within one year | 42/48 | €210,930 | €683,600 | +€472,670 | +224% |
| Current portion of amounts payable after more than one year | 42 | €6,377 | €536 | -€5,840 | -91.6% |
| Trade debts | 44 | €68,067 | €275,440 | +€207,373 | +305% |
| Suppliers | 440/4 | €68,067 | €275,440 | +€207,373 | +305% |
| Taxes, remuneration and social security | 45 | €21,486 | €273,874 | +€252,388 | +1,175% |
| Taxes | 450/3 | €21,486 | €270,858 | +€249,372 | +1,161% |
| Remuneration and social security | 454/9 | - | €3,016 | +€3,016 | |
| Other amounts payable | 47/48 | €115,000 | €133,750 | +€18,750 | +16.3% |
| Accrued charges and deferred income | 492/3 | - | €3,500 | +€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,384 | €6,651 | +€267 | +4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,277 | - | +€3,277 | |
| Other operating charges | 640/8 | €1,517 | €1,578 | +€62 | +4.1% |
| Gross operating margin | 9900 | €31,901 | €658,838 | +€626,937 | +1,965% |
| Operating profit (loss) | 9901 | €27,278 | €650,609 | +€623,331 | +2,285% |
| Financial income | 75/76B | €17,323 | €2 | -€17,320 | -100.0% |
| Recurring financial income | 75 | €17,323 | €2 | -€17,320 | -100.0% |
| Financial charges | 65/66B | -€1,517 | €987 | +€2,504 | |
| Recurring financial charges | 65 | -€1,517 | €987 | +€2,504 | |
| Profit (loss) for the period before taxes | 9903 | €46,117 | €649,624 | +€603,507 | +1,309% |
| Income taxes | 67/77 | €24,462 | €197,358 | +€172,896 | +707% |
| Profit (loss) for the period | 9904 | €21,655 | €452,266 | +€430,611 | +1,989% |
| Profit (loss) for the period to be appropriated | 9905 | €21,655 | €452,266 | +€430,611 | +1,989% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.