CASSIDORI: 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.
CASSIDORI
Largest movements
- Cash +€22,486
up €22,486 (+47.9%), from €46,961 to €69,447
mainly Net result for the year (+€38,312) and Accrued charges and deferred income (+€10,404)
- Receivables within one year +€14,642
up €14,642 (+234%), from €6,250 to €20,892
- Tangible fixed assets +€5,672
up €5,672 (+204%), from €2,776 to €8,448
- Reserves +€38,312
up €38,312 (+130%), from €29,476 to €67,788
- Accrued charges and deferred income +€10,404
up €10,404 (+161%), from €6,468 to €16,872
- Other debts -€7,065
down €7,065 (-92.0%), from €7,683 to €618
- Tax, wage and social debts +€1,149
up €1,149 (+11.1%), from €10,360 to €11,509
- Gross operating margin +€24,792
up €24,792 (+55.0%), from €45,059 to €69,851
- Staff costs +€4,881
up €4,881 (+35.6%), from €13,719 to €18,600
- Taxes +€4,549
up €4,549 (+55.3%), from €8,222 to €12,771
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 | €55,987 | €98,787 | +€42,800 | +76.4% |
| Fixed assets | 21/28 | €2,776 | €8,448 | +€5,672 | +204% |
| Tangible fixed assets | 22/27 | €2,776 | €8,448 | +€5,672 | +204% |
| Furniture and vehicles | 24 | €2,776 | €8,448 | +€5,672 | +204% |
| Current assets | 29/58 | €53,211 | €90,339 | +€37,128 | +69.8% |
| Amounts receivable within one year | 40/41 | €6,250 | €20,892 | +€14,642 | +234% |
| Other amounts receivable | 41 | €6,250 | €20,892 | +€14,642 | +234% |
| Cash at bank and in hand | 54/58 | €46,961 | €69,447 | +€22,486 | +47.9% |
| Total equity and liabilities | 10/49 | €55,987 | €98,787 | +€42,800 | +76.4% |
| Equity | 10/15 | €31,476 | €69,788 | +€38,312 | +122% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €29,476 | €67,788 | +€38,312 | +130% |
| Distributable reserves | 133 | €29,476 | €67,788 | +€38,312 | +130% |
| Amounts payable | 17/49 | €24,511 | €28,999 | +€4,488 | +18.3% |
| Amounts payable within one year | 42/48 | €18,043 | €12,127 | -€5,917 | -32.8% |
| Taxes, remuneration and social security | 45 | €10,360 | €11,509 | +€1,149 | +11.1% |
| Taxes | 450/3 | €10,360 | €11,509 | +€1,149 | +11.1% |
| Other amounts payable | 47/48 | €7,683 | €618 | -€7,065 | -92.0% |
| Accrued charges and deferred income | 492/3 | €6,468 | €16,872 | +€10,404 | +161% |
| Remuneration, social security and pensions | 62 | €13,719 | €18,600 | +€4,881 | +35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313 | - | -€313 | |
| Gross operating margin | 9900 | €45,059 | €69,851 | +€24,792 | +55.0% |
| Operating profit (loss) | 9901 | €31,027 | €51,251 | +€20,224 | +65.2% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €200 | €167 | -€33 | -16.3% |
| Recurring financial charges | 65 | €200 | €167 | -€33 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €30,838 | €51,083 | +€20,245 | +65.7% |
| Income taxes | 67/77 | €8,222 | €12,771 | +€4,549 | +55.3% |
| Profit (loss) for the period | 9904 | €22,616 | €38,312 | +€15,696 | +69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,616 | €38,312 | +€15,696 | +69.4% |
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 26 October 2026 via checked.be.