CASSINI AVIATION: 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.
CASSINI AVIATION
Largest movements
- Cash +€26,304
up €26,304 (+264%), from €9,947 to €36,251
mainly Trade debts (+€42,051) and Net result for the year (+€3,528)
- Receivables within one year +€18,722
up €18,722 (+606%), from €3,088 to €21,810
of which Other amounts receivable: +€20,382
- Trade debts +€42,051
up €42,051 (+2,029%), from €2,072 to €44,123
- Profit (loss) carried forward +€3,528
up €3,528 (+151%), from €2,332 to €5,860
- Tax, wage and social debts -€3,506
down €3,506 (-70.2%), from €4,996 to €1,490
- Other debts +€2,755
up €2,755 (+130%), from €2,123 to €4,878
- Other operating charges +€1,122
up €1,122 (+2,243%), from €50 to €1,172
- Taxes -€778
down €778 (-34.3%), from €2,270 to €1,492
- Financial income +€620
up €620 (+6,198,600%), from €0 to €620
- Gross operating margin +€593
up €593 (+11.4%), from €5,208 to €5,801
- Staff costs -€391
no longer reported in 2025 (was €391)
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 | €14,023 | €58,851 | +€44,828 | +320% |
| Current assets | 29/58 | €14,023 | €58,851 | +€44,828 | +320% |
| Amounts receivable within one year | 40/41 | €3,088 | €21,810 | +€18,722 | +606% |
| Trade receivables | 40 | €1,660 | - | -€1,660 | |
| Other amounts receivable | 41 | €1,428 | €21,810 | +€20,382 | +1,428% |
| Cash at bank and in hand | 54/58 | €9,947 | €36,251 | +€26,304 | +264% |
| Deferred charges and accrued income | 490/1 | €988 | €790 | -€198 | -20.0% |
| Total equity and liabilities | 10/49 | €14,023 | €58,851 | +€44,828 | +320% |
| Equity | 10/15 | €4,832 | €8,360 | +€3,528 | +73.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,332 | €5,860 | +€3,528 | +151% |
| Amounts payable | 17/49 | €9,191 | €50,491 | +€41,300 | +449% |
| Amounts payable within one year | 42/48 | €9,191 | €50,491 | +€41,300 | +449% |
| Trade debts | 44 | €2,072 | €44,123 | +€42,051 | +2,029% |
| Suppliers | 440/4 | €2,072 | €44,123 | +€42,051 | +2,029% |
| Taxes, remuneration and social security | 45 | €4,996 | €1,490 | -€3,506 | -70.2% |
| Taxes | 450/3 | €4,996 | €1,490 | -€3,506 | -70.2% |
| Other amounts payable | 47/48 | €2,123 | €4,878 | +€2,755 | +130% |
| Remuneration, social security and pensions | 62 | €391 | - | -€391 | |
| Other operating charges | 640/8 | €50 | €1,172 | +€1,122 | +2,243% |
| Gross operating margin | 9900 | €5,208 | €5,801 | +€593 | +11.4% |
| Operating profit (loss) | 9901 | €4,766 | €4,629 | -€137 | -2.9% |
| Financial income | 75/76B | €0 | €620 | +€620 | +6,198,600% |
| Recurring financial income | 75 | €0 | €620 | +€620 | +6,198,600% |
| Financial charges | 65/66B | €164 | €228 | +€64 | +39.0% |
| Recurring financial charges | 65 | €164 | €228 | +€64 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €4,602 | €5,021 | +€419 | +9.1% |
| Income taxes | 67/77 | €2,270 | €1,492 | -€778 | -34.3% |
| Profit (loss) for the period | 9904 | €2,332 | €3,528 | +€1,196 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,332 | €3,528 | +€1,196 | +51.3% |
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 17 October 2026 via checked.be.