CASPATI: 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.
CASPATI
Largest movements
- Cash +€34,923
up €34,923 (+267.6%), from €13,051 to €47,974
mainly Net result for the year (+€23,494) and Tax, wage and social debts (+€9,245)
- Tangible fixed assets -€3,625
down €3,625 (-32.2%), from €11,255 to €7,630
- Receivables within one year -€2,788
down €2,788 (-58.1%), from €4,796 to €2,009
- Stocks and contracts +€1,354
new in 2025: €1,354
- Profit (loss) carried forward +€23,494
up €23,494 (+449.5%), from €5,226 to €28,721
- Tax, wage and social debts +€9,245
up €9,245 (+195.6%), from €4,727 to €13,972
- Debts after one year -€2,042
no longer reported in 2025 (was €2,042)
- Current portion of long-term debt -€1,888
down €1,888 (-48.0%), from €3,930 to €2,042
- Trade debts +€789
up €789 (+25.2%), from €3,136 to €3,925
- Gross operating margin +€26,855
up €26,855 (+269.0%), from €9,982 to €36,837
- Taxes +€7,325
up €7,325 (+446.7%), from €1,640 to €8,965
- Depreciation +€1,380
up €1,380 (+61.5%), from €2,245 to €3,625
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 | €29,656 | €59,486 | +€29,830 | +100.6% |
| Fixed assets | 21/28 | €11,255 | €7,630 | -€3,625 | -32.2% |
| Intangible fixed assets | 21 | €0 | - | -€0 | |
| Tangible fixed assets | 22/27 | €11,255 | €7,630 | -€3,625 | -32.2% |
| Furniture and vehicles | 24 | €11,255 | €7,630 | -€3,625 | -32.2% |
| Current assets | 29/58 | €18,401 | €51,856 | +€33,455 | +181.8% |
| Stocks and contracts in progress | 3 | - | €1,354 | +€1,354 | |
| Stocks | 30/36 | - | €1,354 | +€1,354 | |
| Amounts receivable within one year | 40/41 | €4,796 | €2,009 | -€2,788 | -58.1% |
| Trade receivables | 40 | €4,796 | €2,009 | -€2,788 | -58.1% |
| Cash at bank and in hand | 54/58 | €13,051 | €47,974 | +€34,923 | +267.6% |
| Deferred charges and accrued income | 490/1 | €554 | €519 | -€35 | -6.3% |
| Total equity and liabilities | 10/49 | €29,656 | €59,486 | +€29,830 | +100.6% |
| Equity | 10/15 | €5,326 | €28,821 | +€23,494 | +441.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,226 | €28,721 | +€23,494 | +449.5% |
| Amounts payable | 17/49 | €24,330 | €30,665 | +€6,336 | +26.0% |
| Amounts payable after more than one year | 17 | €2,042 | - | -€2,042 | |
| Financial debts | 170/4 | €2,042 | - | -€2,042 | |
| Amounts payable within one year | 42/48 | €22,287 | €30,665 | +€8,378 | +37.6% |
| Current portion of amounts payable after more than one year | 42 | €3,930 | €2,042 | -€1,888 | -48.0% |
| Trade debts | 44 | €3,136 | €3,925 | +€789 | +25.2% |
| Suppliers | 440/4 | €3,136 | €3,925 | +€789 | +25.2% |
| Taxes, remuneration and social security | 45 | €4,727 | €13,972 | +€9,245 | +195.6% |
| Taxes | 450/3 | €4,727 | €13,972 | +€9,245 | +195.6% |
| Other amounts payable | 47/48 | €10,494 | €10,725 | +€231 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,245 | €3,625 | +€1,380 | +61.5% |
| Other operating charges | 640/8 | €444 | €195 | -€249 | -56.0% |
| Gross operating margin | 9900 | €9,982 | €36,837 | +€26,855 | +269.0% |
| Operating profit (loss) | 9901 | €7,293 | €33,017 | +€25,724 | +352.7% |
| Financial charges | 65/66B | €427 | €557 | +€130 | +30.5% |
| Recurring financial charges | 65 | €427 | €557 | +€130 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | €6,866 | €32,460 | +€25,593 | +372.7% |
| Income taxes | 67/77 | €1,640 | €8,965 | +€7,325 | +446.7% |
| Profit (loss) for the period | 9904 | €5,226 | €23,494 | +€18,268 | +349.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,226 | €23,494 | +€18,268 | +349.5% |
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 9 October 2026 via checked.be.