Casselman Engineering: 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.
Casselman Engineering
Largest movements
- Receivables within one year -€14,055
down €14,055 (-48.4%), from €29,019 to €14,965
of which Trade receivables: -€17,226
- Cash +€10,948
up €10,948 (+229.9%), from €4,761 to €15,710
mainly Receivables within one year (+€14,055) and Deferred charges and accrued income (+€10,524)
- Deferred charges and accrued income -€10,524
down €10,524 (-69.7%), from €15,100 to €4,576
- Tangible fixed assets -€10,206
down €10,206 (-35.7%), from €28,572 to €18,366
of which Plant, machinery and equipment: -€5,464
- Stocks and contracts +€1,107
up €1,107 (+221.4%), from €500 to €1,607
- Trade debts -€12,653
down €12,653 (-83.7%), from €15,119 to €2,466
- Accrued charges and deferred income -€9,561
down €9,561 (-73.5%), from €13,001 to €3,440
- Tax, wage and social debts -€5,185
down €5,185 (-59.4%), from €8,735 to €3,550
of which Remuneration and social security: -€4,250
- Profit (loss) carried forward +€4,577
up €4,577 (+14.0%), from €32,739 to €37,316
- Gross operating margin -€9,111
down €9,111 (-34.2%), from €26,620 to €17,509
- Taxes -€1,821
down €1,821 (-49.8%), from €3,660 to €1,839
- Other operating charges +€404
up €404 (+94.0%), from €430 to €834
- Financial charges -€306
down €306 (-85.0%), from €360 to €54
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 | €77,952 | €55,223 | -€22,729 | -29.2% |
| Fixed assets | 21/28 | €28,572 | €18,366 | -€10,206 | -35.7% |
| Tangible fixed assets | 22/27 | €28,572 | €18,366 | -€10,206 | -35.7% |
| Plant, machinery and equipment | 23 | €16,327 | €10,863 | -€5,464 | -33.5% |
| Furniture and vehicles | 24 | €12,245 | €7,502 | -€4,742 | -38.7% |
| Current assets | 29/58 | €49,380 | €36,857 | -€12,523 | -25.4% |
| Stocks and contracts in progress | 3 | €500 | €1,607 | +€1,107 | +221.4% |
| Stocks | 30/36 | €500 | €1,607 | +€1,107 | +221.4% |
| Amounts receivable within one year | 40/41 | €29,019 | €14,965 | -€14,055 | -48.4% |
| Trade receivables | 40 | €26,679 | €9,453 | -€17,226 | -64.6% |
| Other amounts receivable | 41 | €2,340 | €5,511 | +€3,171 | +135.5% |
| Cash at bank and in hand | 54/58 | €4,761 | €15,710 | +€10,948 | +229.9% |
| Deferred charges and accrued income | 490/1 | €15,100 | €4,576 | -€10,524 | -69.7% |
| Total equity and liabilities | 10/49 | €77,952 | €55,223 | -€22,729 | -29.2% |
| Equity | 10/15 | €37,739 | €42,316 | +€4,577 | +12.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,739 | €37,316 | +€4,577 | +14.0% |
| Amounts payable | 17/49 | €40,212 | €12,906 | -€27,306 | -67.9% |
| Amounts payable within one year | 42/48 | €27,211 | €9,466 | -€17,746 | -65.2% |
| Trade debts | 44 | €15,119 | €2,466 | -€12,653 | -83.7% |
| Suppliers | 440/4 | €15,119 | €2,466 | -€12,653 | -83.7% |
| Taxes, remuneration and social security | 45 | €8,735 | €3,550 | -€5,185 | -59.4% |
| Taxes | 450/3 | €4,485 | €3,550 | -€935 | -20.8% |
| Remuneration and social security | 454/9 | €4,250 | €0 | -€4,250 | -100.0% |
| Other amounts payable | 47/48 | €3,358 | €3,450 | +€92 | +2.7% |
| Accrued charges and deferred income | 492/3 | €13,001 | €3,440 | -€9,561 | -73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,453 | €10,206 | -€247 | -2.4% |
| Other operating charges | 640/8 | €430 | €834 | +€404 | +94.0% |
| Gross operating margin | 9900 | €26,620 | €17,509 | -€9,111 | -34.2% |
| Operating profit (loss) | 9901 | €15,737 | €6,469 | -€9,268 | -58.9% |
| Financial income | 75/76B | €1 | €1 | +€0 | +17.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +17.0% |
| Financial charges | 65/66B | €360 | €54 | -€306 | -85.0% |
| Recurring financial charges | 65 | €360 | €54 | -€306 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | €15,378 | €6,416 | -€8,962 | -58.3% |
| Income taxes | 67/77 | €3,660 | €1,839 | -€1,821 | -49.8% |
| Profit (loss) for the period | 9904 | €11,718 | €4,577 | -€7,141 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,718 | €4,577 | -€7,141 | -60.9% |
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 4 October 2026 via checked.be.