CASSANO: 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.
CASSANO
Largest movements
- Current investments -€11,016
down €11,016 (-54.9%), from €20,060 to €9,044
- Cash -€4,668
down €4,668 (-28.4%), from €16,436 to €11,768
mainly Tax, wage and social debts (-€9,258) and Net result for the year (-€8,183)
- Tangible fixed assets -€2,395
down €2,395 (-28.0%), from €8,549 to €6,154
of which Furniture and vehicles: -€3,028
- Tax, wage and social debts -€9,258
down €9,258 (-43.8%), from €21,113 to €11,855
- Profit (loss) carried forward -€8,183
down €8,183 (-9.5%), from €85,792 to €77,609
- Trade debts -€1,642
down €1,642 (-37.7%), from €4,361 to €2,719
- Gross operating margin -€11,850
down €11,850 (-61.2%), from €19,369 to €7,519
- Financial charges +€7,316
up €7,316 (+878.3%), from €833 to €8,149
- Taxes -€6,187
down €6,187 (-94.7%), from €6,535 to €348
- Other operating charges +€2,377
up €2,377 (+229.9%), from €1,034 to €3,411
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,266 | €114,183 | -€19,083 | -14.3% |
| Fixed assets | 21/28 | €8,549 | €6,154 | -€2,395 | -28.0% |
| Tangible fixed assets | 22/27 | €8,549 | €6,154 | -€2,395 | -28.0% |
| Plant, machinery and equipment | 23 | €1,164 | €2,215 | +€1,051 | +90.3% |
| Furniture and vehicles | 24 | €3,701 | €673 | -€3,028 | -81.8% |
| Other tangible fixed assets | 26 | €3,684 | €3,266 | -€418 | -11.3% |
| Current assets | 29/58 | €124,717 | €108,029 | -€16,688 | -13.4% |
| Stocks and contracts in progress | 3 | €7,860 | €6,838 | -€1,022 | -13.0% |
| Stocks | 30/36 | €7,860 | €6,838 | -€1,022 | -13.0% |
| Amounts receivable within one year | 40/41 | €74,347 | €74,479 | +€132 | +0.2% |
| Trade receivables | 40 | €10,614 | - | -€10,614 | |
| Other amounts receivable | 41 | €63,733 | €74,479 | +€10,746 | +16.9% |
| Current investments | 50/53 | €20,060 | €9,044 | -€11,016 | -54.9% |
| Cash at bank and in hand | 54/58 | €16,436 | €11,768 | -€4,668 | -28.4% |
| Deferred charges and accrued income | 490/1 | €6,014 | €5,900 | -€114 | -1.9% |
| Total equity and liabilities | 10/49 | €133,266 | €114,183 | -€19,083 | -14.3% |
| Equity | 10/15 | €107,792 | €99,609 | -€8,183 | -7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,792 | €77,609 | -€8,183 | -9.5% |
| Amounts payable | 17/49 | €25,474 | €14,574 | -€10,900 | -42.8% |
| Amounts payable within one year | 42/48 | €25,474 | €14,574 | -€10,900 | -42.8% |
| Trade debts | 44 | €4,361 | €2,719 | -€1,642 | -37.7% |
| Suppliers | 440/4 | €4,361 | €2,719 | -€1,642 | -37.7% |
| Taxes, remuneration and social security | 45 | €21,113 | €11,855 | -€9,258 | -43.8% |
| Taxes | 450/3 | €21,113 | €11,855 | -€9,258 | -43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,937 | €3,864 | -€73 | -1.9% |
| Other operating charges | 640/8 | €1,034 | €3,411 | +€2,377 | +229.9% |
| Gross operating margin | 9900 | €19,369 | €7,519 | -€11,850 | -61.2% |
| Operating profit (loss) | 9901 | €14,398 | €244 | -€14,154 | -98.3% |
| Financial income | 75/76B | €134 | €70 | -€64 | -47.8% |
| Recurring financial income | 75 | €134 | €70 | -€64 | -47.8% |
| Financial charges | 65/66B | €833 | €8,149 | +€7,316 | +878.3% |
| Recurring financial charges | 65 | €833 | €8,149 | +€7,316 | +878.3% |
| Profit (loss) for the period before taxes | 9903 | €13,699 | -€7,835 | -€21,534 | |
| Income taxes | 67/77 | €6,535 | €348 | -€6,187 | -94.7% |
| Profit (loss) for the period | 9904 | €7,164 | -€8,183 | -€15,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,164 | -€8,183 | -€15,347 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.