CASSART: 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.
CASSART
Largest movements
- Tangible fixed assets -€13,482
down €13,482 (-52.4%), from €25,739 to €12,257
- Cash +€9,949
up €9,949 (+145.1%), from €6,857 to €16,806
mainly Net result for the year (+€12,011) and Other debts (+€8,700)
- Receivables within one year -€3,529
down €3,529 (-9.3%), from €37,882 to €34,352
of which Trade receivables: -€4,359
- Other debts +€8,700
up €8,700 (+669.1%), from €1,300 to €10,000
- Tax, wage and social debts -€7,107
down €7,107 (-21.1%), from €33,664 to €26,557
of which Remuneration and social security: -€9,362
- Debts after one year -€3,650
down €3,650 (-41.4%), from €8,810 to €5,161
- Current portion of long-term debt -€3,603
down €3,603 (-49.7%), from €7,253 to €3,650
- Trade debts -€2,955
down €2,955 (-28.2%), from €10,487 to €7,532
- Turnover +€14,915
up €14,915 (+5.1%), from €290,711 to €305,625
- Depreciation -€13,351
down €13,351 (-62.9%), from €21,215 to €7,864
- Gross operating margin +€11,687
up €11,687 (+9.4%), from €124,773 to €136,460
- Purchases and services +€8,824
up €8,824 (+5.3%), from €166,478 to €175,302
- Staff costs -€8,642
down €8,642 (-7.9%), from €110,015 to €101,372
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 | €75,960 | €69,355 | -€6,604 | -8.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €26,011 | €12,956 | -€13,055 | -50.2% |
| Tangible fixed assets | 22/27 | €25,739 | €12,257 | -€13,482 | -52.4% |
| Furniture and vehicles | 24 | €25,739 | €12,257 | -€13,482 | -52.4% |
| Financial fixed assets | 28 | €272 | €699 | +€428 | +157.5% |
| Current assets | 29/58 | €49,949 | €56,399 | +€6,450 | +12.9% |
| Amounts receivable within one year | 40/41 | €37,882 | €34,352 | -€3,529 | -9.3% |
| Trade receivables | 40 | €36,151 | €31,792 | -€4,359 | -12.1% |
| Other amounts receivable | 41 | €1,730 | €2,560 | +€830 | +48.0% |
| Cash at bank and in hand | 54/58 | €6,857 | €16,806 | +€9,949 | +145.1% |
| Deferred charges and accrued income | 490/1 | €5,211 | €5,242 | +€31 | +0.6% |
| Total equity and liabilities | 10/49 | €75,960 | €69,355 | -€6,604 | -8.7% |
| Equity | 10/15 | €14,445 | €16,456 | +€2,011 | +13.9% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €124 | €124 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,081 | €15,092 | +€2,011 | +15.4% |
| Amounts payable | 17/49 | €61,515 | €52,900 | -€8,615 | -14.0% |
| Amounts payable after more than one year | 17 | €8,810 | €5,161 | -€3,650 | -41.4% |
| Financial debts | 170/4 | €8,810 | €5,161 | -€3,650 | -41.4% |
| Amounts payable within one year | 42/48 | €52,705 | €47,739 | -€4,966 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €7,253 | €3,650 | -€3,603 | -49.7% |
| Trade debts | 44 | €10,487 | €7,532 | -€2,955 | -28.2% |
| Suppliers | 440/4 | €10,487 | €7,532 | -€2,955 | -28.2% |
| Taxes, remuneration and social security | 45 | €33,664 | €26,557 | -€7,107 | -21.1% |
| Taxes | 450/3 | €13,957 | €16,212 | +€2,255 | +16.2% |
| Remuneration and social security | 454/9 | €19,707 | €10,345 | -€9,362 | -47.5% |
| Other amounts payable | 47/48 | €1,300 | €10,000 | +€8,700 | +669.1% |
| Turnover | 70 | €290,711 | €305,625 | +€14,915 | +5.1% |
| Non-recurring operating income | 76A | €541 | €6,136 | +€5,596 | +1035.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €166,478 | €175,302 | +€8,824 | +5.3% |
| Remuneration, social security and pensions | 62 | €110,015 | €101,372 | -€8,642 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,215 | €7,864 | -€13,351 | -62.9% |
| Other operating charges | 640/8 | €1,428 | €1,409 | -€19 | -1.3% |
| Non-recurring operating charges | 66A | €1,128 | €6,050 | +€4,922 | +436.2% |
| Gross operating margin | 9900 | €124,773 | €136,460 | +€11,687 | +9.4% |
| Operating profit (loss) | 9901 | -€9,013 | €19,764 | +€28,777 | |
| Financial income | 75/76B | €0 | €64 | +€64 | +643200.0% |
| Recurring financial income | 75 | €0 | €64 | +€64 | +643200.0% |
| Financial charges | 65/66B | €1,979 | €1,948 | -€31 | -1.6% |
| Recurring financial charges | 65 | €1,979 | €1,948 | -€31 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,992 | €17,880 | +€28,872 | |
| Income taxes | 67/77 | €817 | €5,869 | +€5,051 | +618.0% |
| Profit (loss) for the period | 9904 | -€11,810 | €12,011 | +€23,821 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,810 | €12,011 | +€23,821 |
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 10 October 2026 via checked.be.