CASSOULET: 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.
CASSOULET
Largest movements
- Receivables after one year +€69,158
new in 2025: €69,158
- Tangible fixed assets -€49,270
down €49,270 (-4.3%), from €1.1m to €1.1m
of which Land and buildings: -€59,284
- Cash +€39,462
up €39,462 (+46.9%), from €84,112 to €123,575
mainly Other debts (+€246,573) and Net result for the year (+€111,293)
- Other debts +€246,573
up €246,573 (+2,510%), from €9,822 to €256,396
- Debts after one year -€148,835
down €148,835 (-19.6%), from €758,603 to €609,768
of which Financial debts: -€86,929
- Reserves -€138,707
down €138,707 (-39.3%), from €353,180 to €214,474
- Trade debts +€100,286
up €100,286 (+365%), from €27,474 to €127,760
- Gross operating margin -€57,822
down €57,822 (-12.5%), from €460,800 to €402,979
- Staff costs -€30,962
down €30,962 (-20.1%), from €154,390 to €123,428
- Taxes +€19,398
up €19,398 (+190%), from €10,191 to €29,589
- Financial charges -€4,703
down €4,703 (-14.8%), from €31,748 to €27,045
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 | €1,272,992 | €1,340,228 | +€67,236 | +5.3% |
| Fixed assets | 21/28 | €1,135,698 | €1,084,879 | -€50,819 | -4.5% |
| Intangible fixed assets | 21 | €2,025 | €476 | -€1,549 | -76.5% |
| Tangible fixed assets | 22/27 | €1,133,673 | €1,084,403 | -€49,270 | -4.3% |
| Land and buildings | 22 | €1,016,055 | €956,771 | -€59,284 | -5.8% |
| Plant, machinery and equipment | 23 | €79,466 | €84,013 | +€4,548 | +5.7% |
| Furniture and vehicles | 24 | €38,152 | €43,619 | +€5,467 | +14.3% |
| Current assets | 29/58 | €137,294 | €255,349 | +€118,055 | +86.0% |
| Amounts receivable after more than one year | 29 | - | €69,158 | +€69,158 | |
| Other amounts receivable | 291 | - | €69,158 | +€69,158 | |
| Stocks and contracts in progress | 3 | €39,694 | €39,450 | -€244 | -0.6% |
| Stocks | 30/36 | €39,694 | €39,450 | -€244 | -0.6% |
| Amounts receivable within one year | 40/41 | €7,150 | €17,496 | +€10,347 | +145% |
| Trade receivables | 40 | €7,150 | €12,288 | +€5,138 | +71.9% |
| Other amounts receivable | 41 | €0 | €5,209 | +€5,209 | |
| Cash at bank and in hand | 54/58 | €84,112 | €123,575 | +€39,462 | +46.9% |
| Deferred charges and accrued income | 490/1 | €6,338 | €5,670 | -€668 | -10.5% |
| Total equity and liabilities | 10/49 | €1,272,992 | €1,340,228 | +€67,236 | +5.3% |
| Equity | 10/15 | €354,180 | €215,474 | -€138,707 | -39.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €353,180 | €214,474 | -€138,707 | -39.3% |
| Distributable reserves | 133 | €353,180 | €214,474 | -€138,707 | -39.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €918,811 | €1,124,754 | +€205,943 | +22.4% |
| Amounts payable after more than one year | 17 | €758,603 | €609,768 | -€148,835 | -19.6% |
| Financial debts | 170/4 | €624,379 | €537,450 | -€86,929 | -13.9% |
| Other amounts payable | 178/9 | €134,223 | €72,318 | -€61,905 | -46.1% |
| Amounts payable within one year | 42/48 | €157,844 | €513,884 | +€356,040 | +226% |
| Current portion of amounts payable after more than one year | 42 | €85,208 | €92,749 | +€7,541 | +8.9% |
| Trade debts | 44 | €27,474 | €127,760 | +€100,286 | +365% |
| Suppliers | 440/4 | €27,474 | €127,760 | +€100,286 | +365% |
| Taxes, remuneration and social security | 45 | €35,339 | €36,980 | +€1,640 | +4.6% |
| Taxes | 450/3 | €18,346 | €15,484 | -€2,862 | -15.6% |
| Remuneration and social security | 454/9 | €16,993 | €21,496 | +€4,503 | +26.5% |
| Other amounts payable | 47/48 | €9,822 | €256,396 | +€246,573 | +2,510% |
| Accrued charges and deferred income | 492/3 | €2,365 | €1,102 | -€1,263 | -53.4% |
| Non-recurring operating income | 76A | €23,929 | €0 | -€23,929 | -100% |
| Remuneration, social security and pensions | 62 | €154,390 | €123,428 | -€30,962 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,180 | €93,936 | -€3,244 | -3.3% |
| Other operating charges | 640/8 | €4,419 | €5,855 | +€1,436 | +32.5% |
| Non-recurring operating charges | 66A | €5,760 | €12,035 | +€6,275 | +109% |
| Gross operating margin | 9900 | €460,800 | €402,979 | -€57,822 | -12.5% |
| Operating profit (loss) | 9901 | €199,051 | €167,725 | -€31,326 | -15.7% |
| Financial income | 75/76B | €155 | €203 | +€49 | +31.6% |
| Recurring financial income | 75 | €155 | €203 | +€49 | +31.6% |
| Financial charges | 65/66B | €31,748 | €27,045 | -€4,703 | -14.8% |
| Recurring financial charges | 65 | €31,748 | €27,045 | -€4,703 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €167,457 | €140,883 | -€26,575 | -15.9% |
| Income taxes | 67/77 | €10,191 | €29,589 | +€19,398 | +190% |
| Profit (loss) for the period | 9904 | €157,266 | €111,293 | -€45,973 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €157,266 | €111,293 | -€45,973 | -29.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.