CASSANDRE CONSEIL: what changed
Two fiscal 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.
CASSANDRE CONSEIL
Largest movements
- Receivables within one year -€22,712
down €22,712 (-34.1%), from €66,551 to €43,839
of which Other amounts receivable: -€22,367
- Deferred charges and accrued income +€4,576
up €4,576 (+9.7%), from €47,259 to €51,835
- Cash +€2,241
up €2,241 (+458.4%), from €489 to €2,730
mainly Receivables within one year (+€22,712) and Depreciation (+€1,500)
- Tangible fixed assets -€1,500
down €1,500 (-66.6%), from €2,250 to €750
- Profit (loss) carried forward -€18,429
down €18,429 (-23.1%), from -€79,641 to -€98,070
- Gross operating margin +€1,603
up €1,603 (+7.3%), from -€21,983 to -€20,381
- Financial income -€853
down €853 (-19.0%), from €4,492 to €3,639
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 | €116,549 | €99,155 | -€17,395 | -14.9% |
| Fixed assets | 21/28 | €2,250 | €750 | -€1,500 | -66.6% |
| Tangible fixed assets | 22/27 | €2,250 | €750 | -€1,500 | -66.6% |
| Furniture and vehicles | 24 | €2,250 | €750 | -€1,500 | -66.6% |
| Current assets | 29/58 | €114,299 | €98,404 | -€15,895 | -13.9% |
| Amounts receivable within one year | 40/41 | €66,551 | €43,839 | -€22,712 | -34.1% |
| Trade receivables | 40 | €8,643 | €8,298 | -€345 | -4.0% |
| Other amounts receivable | 41 | €57,909 | €35,541 | -€22,367 | -38.6% |
| Cash at bank and in hand | 54/58 | €489 | €2,730 | +€2,241 | +458.4% |
| Deferred charges and accrued income | 490/1 | €47,259 | €51,835 | +€4,576 | +9.7% |
| Total equity and liabilities | 10/49 | €116,549 | €99,155 | -€17,395 | -14.9% |
| Equity | 10/15 | €91,149 | €72,720 | -€18,429 | -20.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €164,590 | €164,590 | = | 0.0% |
| 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 | €162,730 | €162,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,641 | -€98,070 | -€18,429 | -23.1% |
| Amounts payable | 17/49 | €25,400 | €26,435 | +€1,035 | +4.1% |
| Amounts payable within one year | 42/48 | €25,400 | €26,435 | +€1,035 | +4.1% |
| Trade debts | 44 | €8,226 | €9,259 | +€1,033 | +12.6% |
| Suppliers | 440/4 | €8,226 | €9,259 | +€1,033 | +12.6% |
| Taxes, remuneration and social security | 45 | €17,174 | €17,176 | +€1 | 0.0% |
| Taxes | 450/3 | €17,174 | €17,176 | +€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,656 | €1,500 | -€157 | -9.4% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€21,983 | -€20,381 | +€1,603 | +7.3% |
| Operating profit (loss) | 9901 | -€23,639 | -€21,880 | +€1,759 | +7.4% |
| Financial income | 75/76B | €4,492 | €3,639 | -€853 | -19.0% |
| Recurring financial income | 75 | €4,492 | €3,639 | -€853 | -19.0% |
| Financial charges | 65/66B | €75 | €47 | -€28 | -36.8% |
| Recurring financial charges | 65 | €75 | €47 | -€28 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,222 | -€18,288 | +€934 | +4.9% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€19,362 | -€18,429 | +€932 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,362 | -€18,429 | +€932 | +4.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.