CASROC: 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.
CASROC
Largest movements
- Cash +€23,757
up €23,757 (+13.7%), from €172,873 to €196,631
mainly Net result for the year (+€37,110) and Receivables within one year (+€11,012)
- Receivables within one year -€11,012
down €11,012 (-31.2%), from €35,315 to €24,304
of which Other amounts receivable: -€7,915
- Stocks and contracts +€4,713
up €4,713 (+1,135%), from €415 to €5,128
- Reserves +€26,996
up €26,996 (+17.9%), from €151,127 to €178,123
of which Distributable reserves: +€26,996
- Current portion of long-term debt -€18,378
no longer reported in 2026 (was €18,378)
- Tax, wage and social debts +€9,219
up €9,219 (+87.7%), from €10,512 to €19,731
of which Taxes: +€6,569
- Trade debts -€3,654
down €3,654 (-40.1%), from €9,116 to €5,461
- Advances received +€3,243
up €3,243 (+44.5%), from €7,287 to €10,531
- Other operating charges +€6,200
up €6,200 (+1,306%), from €475 to €6,675
- Gross operating margin -€5,587
down €5,587 (-9.0%), from €62,395 to €56,807
- Financial charges -€2,136
down €2,136 (-37.9%), from €5,632 to €3,496
- Depreciation -€1,955
down €1,955 (-98.6%), from €1,982 to €27
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,820 | €226,246 | +€17,426 | +8.3% |
| Fixed assets | 21/28 | €27 | - | -€27 | |
| Tangible fixed assets | 22/27 | €27 | - | -€27 | |
| Plant, machinery and equipment | 23 | €27 | - | -€27 | |
| Current assets | 29/58 | €208,792 | €226,246 | +€17,453 | +8.4% |
| Stocks and contracts in progress | 3 | €415 | €5,128 | +€4,713 | +1,135% |
| Stocks | 30/36 | €415 | €5,128 | +€4,713 | +1,135% |
| Amounts receivable within one year | 40/41 | €35,315 | €24,304 | -€11,012 | -31.2% |
| Trade receivables | 40 | €27,215 | €24,118 | -€3,097 | -11.4% |
| Other amounts receivable | 41 | €8,101 | €186 | -€7,915 | -97.7% |
| Cash at bank and in hand | 54/58 | €172,873 | €196,631 | +€23,757 | +13.7% |
| Deferred charges and accrued income | 490/1 | €189 | €184 | -€5 | -2.6% |
| Total equity and liabilities | 10/49 | €208,820 | €226,246 | +€17,426 | +8.3% |
| Equity | 10/15 | €163,527 | €190,523 | +€26,996 | +16.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €151,127 | €178,123 | +€26,996 | +17.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €149,267 | €176,263 | +€26,996 | +18.1% |
| Amounts payable | 17/49 | €45,293 | €35,722 | -€9,570 | -21.1% |
| Amounts payable within one year | 42/48 | €45,293 | €35,722 | -€9,570 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €18,378 | - | -€18,378 | |
| Trade debts | 44 | €9,116 | €5,461 | -€3,654 | -40.1% |
| Suppliers | 440/4 | €9,116 | €5,461 | -€3,654 | -40.1% |
| Advances received on contracts in progress | 46 | €7,287 | €10,531 | +€3,243 | +44.5% |
| Taxes, remuneration and social security | 45 | €10,512 | €19,731 | +€9,219 | +87.7% |
| Taxes | 450/3 | €10,512 | €17,081 | +€6,569 | +62.5% |
| Remuneration and social security | 454/9 | - | €2,650 | +€2,650 | |
| Non-recurring operating income | 76A | €22,353 | - | -€22,353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,982 | €27 | -€1,955 | -98.6% |
| Other operating charges | 640/8 | €475 | €6,675 | +€6,200 | +1,306% |
| Gross operating margin | 9900 | €62,395 | €56,807 | -€5,587 | -9.0% |
| Operating profit (loss) | 9901 | €59,938 | €50,105 | -€9,833 | -16.4% |
| Financial income | 75/76B | €5,524 | €6,003 | +€479 | +8.7% |
| Recurring financial income | 75 | €5,524 | €6,003 | +€479 | +8.7% |
| Financial charges | 65/66B | €5,632 | €3,496 | -€2,136 | -37.9% |
| Recurring financial charges | 65 | €5,632 | €3,496 | -€2,136 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €59,830 | €52,613 | -€7,218 | -12.1% |
| Income taxes | 67/77 | €15,369 | €15,503 | +€134 | +0.9% |
| Profit (loss) for the period | 9904 | €44,461 | €37,110 | -€7,352 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,461 | €37,110 | -€7,352 | -16.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.