CASSIUS 4: 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.
What changed
CASSIUS 4
NACE 81.300, Landscape service activities
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
-€2,410
2025 · -€3,053+€643
Equity
€643,307
2025 · €645,718-€2,410
Cash
€6,630
2025 · €7,172-€543
Balance sheet total
€909,647
2025 · €946,682-€37,035
Largest movements
Assets
- Tangible fixed assets -€28,746
down €28,746 (-3.7%), from €767,306 to €738,560
of which Land and buildings: -€26,947
Equity and liabilities
- Debts after one year -€35,923
down €35,923 (-26.4%), from €135,917 to €99,994
Income statement
- Financial charges -€3,222
down €3,222 (-33.6%), from €9,582 to €6,360
- Gross operating margin -€2,401
down €2,401 (-5.9%), from €40,959 to €38,558
From the 2025 result to the 2026 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.
Result 2025
-€3,053
Gross operating margin
-€2,401
Depreciation
+€0
Other operating charges
-€178
Financial charges
+€3,222
Result 2026
-€2,410
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€34,251
Investment
-€2
Financing
-€34,792
Cash 2025
€7,172
From operations (derived)
+€34,251
Net result for the year
-€2,410
Depreciation
+€28,746
Receivables within one year
+€8,011
Deferred charges and accrued income
-€263
Trade debts
+€100
Tax, wage and social debts
-€313
Other debts
+€380
Investment (derived)
-€2
Current investments
-€2
Financing
-€34,792
Debts after one year
-€35,923
Current portion of long-term debt
+€1,131
Cash 2026
€6,630
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €946,682 | €909,647 | -€37,035 | -3.9% |
| Fixed assets | 21/28 | €767,306 | €738,560 | -€28,746 | -3.7% |
| Tangible fixed assets | 22/27 | €767,306 | €738,560 | -€28,746 | -3.7% |
| Land and buildings | 22 | €748,616 | €721,669 | -€26,947 | -3.6% |
| Furniture and vehicles | 24 | €6,748 | €5,669 | -€1,079 | -16.0% |
| Other tangible fixed assets | 26 | €11,942 | €11,222 | -€720 | -6.0% |
| Current assets | 29/58 | €179,376 | €171,087 | -€8,289 | -4.6% |
| Amounts receivable within one year | 40/41 | €172,204 | €164,193 | -€8,011 | -4.7% |
| Trade receivables | 40 | - | €4,193 | +€4,193 | |
| Other amounts receivable | 41 | €172,204 | €160,000 | -€12,204 | -7.1% |
| Current investments | 50/53 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €7,172 | €6,630 | -€543 | -7.6% |
| Deferred charges and accrued income | 490/1 | - | €263 | +€263 | |
| Total equity and liabilities | 10/49 | €946,682 | €909,647 | -€37,035 | -3.9% |
| Equity | 10/15 | €645,718 | €643,307 | -€2,410 | -0.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Contributions outside capital | 11 | €6,300 | €6,300 | = | 0.0% |
| Other | 1109/19 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €680,655 | €680,655 | = | 0.0% |
| Tax-exempt reserves | 132 | €130,302 | €130,302 | = | 0.0% |
| Distributable reserves | 133 | €550,353 | €550,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,237 | -€43,648 | -€2,410 | -5.8% |
| Amounts payable | 17/49 | €300,964 | €266,340 | -€34,625 | -11.5% |
| Amounts payable after more than one year | 17 | €135,917 | €99,994 | -€35,923 | -26.4% |
| Financial debts | 170/4 | €135,917 | €99,994 | -€35,923 | -26.4% |
| Amounts payable within one year | 42/48 | €165,048 | €166,346 | +€1,299 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €36,627 | €37,758 | +€1,131 | +3.1% |
| Trade debts | 44 | €385 | €485 | +€100 | +26.0% |
| Suppliers | 440/4 | €385 | €485 | +€100 | +26.0% |
| Taxes, remuneration and social security | 45 | €2,140 | €1,828 | -€313 | -14.6% |
| Taxes | 450/3 | €2,140 | €1,828 | -€313 | -14.6% |
| Other amounts payable | 47/48 | €125,895 | €126,276 | +€380 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,746 | €28,746 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,685 | €5,863 | +€178 | +3.1% |
| Gross operating margin | 9900 | €40,959 | €38,558 | -€2,401 | -5.9% |
| Operating profit (loss) | 9901 | €6,529 | €3,950 | -€2,579 | -39.5% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €9,582 | €6,360 | -€3,222 | -33.6% |
| Recurring financial charges | 65 | €9,582 | €6,360 | -€3,222 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,053 | -€2,410 | +€643 | +21.1% |
| Profit (loss) for the period | 9904 | -€3,053 | -€2,410 | +€643 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,053 | -€2,410 | +€643 | +21.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.