CASSAER: 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.
CASSAER
Largest movements
- Cash +€15,571
up €15,571 (+51.8%), from €30,078 to €45,649
mainly Net result for the year (+€10,842) and Trade debts (+€5,976)
- Receivables within one year +€2,349
up €2,349 (+19.1%), from €12,326 to €14,675
of which Trade receivables: +€2,667
- Tangible fixed assets -€2,327
down €2,327 (-8.4%), from €27,735 to €25,407
of which Land and buildings: -€2,252
- Stocks and contracts +€1,587
up €1,587 (+46.7%), from €3,400 to €4,987
- Reserves +€10,009
up €10,009 (+19.3%), from €51,749 to €61,758
- Trade debts +€5,976
up €5,976 (+67.0%), from €8,918 to €14,894
- Tax, wage and social debts +€1,048
up €1,048 (+16.0%), from €6,572 to €7,620
of which Taxes: +€2,548
- Depreciation -€813
down €813 (-25.9%), from €3,140 to €2,327
- Other operating charges +€575
up €575 (+36.0%), from €1,596 to €2,171
- Gross operating margin -€409
down €409 (-2.1%), from €19,797 to €19,388
- Taxes +€271
up €271 (+7.8%), from €3,468 to €3,739
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 | €74,132 | €91,290 | +€17,158 | +23.1% |
| Fixed assets | 21/28 | €27,780 | €25,407 | -€2,372 | -8.5% |
| Tangible fixed assets | 22/27 | €27,735 | €25,407 | -€2,327 | -8.4% |
| Land and buildings | 22 | €27,659 | €25,407 | -€2,252 | -8.1% |
| Furniture and vehicles | 24 | €76 | €0 | -€76 | -100% |
| Financial fixed assets | 28 | €45 | €0 | -€45 | -100% |
| Current assets | 29/58 | €46,352 | €65,882 | +€19,530 | +42.1% |
| Stocks and contracts in progress | 3 | €3,400 | €4,987 | +€1,587 | +46.7% |
| Stocks | 30/36 | €3,400 | €4,987 | +€1,587 | +46.7% |
| Amounts receivable within one year | 40/41 | €12,326 | €14,675 | +€2,349 | +19.1% |
| Trade receivables | 40 | €0 | €2,667 | +€2,667 | |
| Other amounts receivable | 41 | €12,326 | €12,008 | -€318 | -2.6% |
| Cash at bank and in hand | 54/58 | €30,078 | €45,649 | +€15,571 | +51.8% |
| Deferred charges and accrued income | 490/1 | €547 | €571 | +€24 | +4.3% |
| Total equity and liabilities | 10/49 | €74,132 | €91,290 | +€17,158 | +23.1% |
| Equity | 10/15 | €57,949 | €67,958 | +€10,009 | +17.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,749 | €61,758 | +€10,009 | +19.3% |
| Distributable reserves | 133 | €51,749 | €61,758 | +€10,009 | +19.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €16,182 | €23,332 | +€7,149 | +44.2% |
| Amounts payable within one year | 42/48 | €15,490 | €22,514 | +€7,024 | +45.3% |
| Trade debts | 44 | €8,918 | €14,894 | +€5,976 | +67.0% |
| Suppliers | 440/4 | €8,918 | €14,894 | +€5,976 | +67.0% |
| Taxes, remuneration and social security | 45 | €6,572 | €7,620 | +€1,048 | +16.0% |
| Taxes | 450/3 | €5,072 | €7,620 | +€2,548 | +50.2% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Accrued charges and deferred income | 492/3 | €693 | €818 | +€125 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,140 | €2,327 | -€813 | -25.9% |
| Other operating charges | 640/8 | €1,596 | €2,171 | +€575 | +36.0% |
| Gross operating margin | 9900 | €19,797 | €19,388 | -€409 | -2.1% |
| Operating profit (loss) | 9901 | €15,061 | €14,889 | -€172 | -1.1% |
| Financial income | 75/76B | €2 | €43 | +€41 | +2,666% |
| Recurring financial income | 75 | €2 | €43 | +€41 | +2,666% |
| Financial charges | 65/66B | €391 | €352 | -€39 | -9.9% |
| Recurring financial charges | 65 | €391 | €352 | -€39 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €14,672 | €14,581 | -€92 | -0.6% |
| Income taxes | 67/77 | €3,468 | €3,739 | +€271 | +7.8% |
| Profit (loss) for the period | 9904 | €11,204 | €10,842 | -€362 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,204 | €10,842 | -€362 | -3.2% |
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 20 October 2026 via checked.be.