CASUAL MANAGEMENT: 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.
CASUAL MANAGEMENT
Largest movements
- Receivables after one year +€36,550
up €36,550 (+18.7%), from €195,896 to €232,446
- Receivables within one year -€27,232
down €27,232 (-39.0%), from €69,861 to €42,629
of which Other amounts receivable: -€29,339
- Cash +€14,108
up €14,108 (+14.1%), from €100,107 to €114,214
mainly Receivables within one year (+€27,232) and Net result for the year (+€26,487)
- Tangible fixed assets -€11,393
down €11,393 (-3.9%), from €293,493 to €282,099
of which Land and buildings: -€15,271
- Reserves +€26,487
up €26,487 (+4.7%), from €561,470 to €587,957
of which Distributable reserves: +€26,487
- Contributions -€19,000
down €19,000 (-95.0%), from €20,000 to €1,000
- Tax, wage and social debts +€16,804
up €16,804 (+146%), from €11,482 to €28,285
of which Taxes: +€15,305
- Debts after one year -€9,568
down €9,568 (-19.8%), from €48,397 to €38,829
- Gross operating margin +€75,991
up €75,991 (+373%), from €20,357 to €96,348
- Staff costs +€22,622
up €22,622 (+143%), from €15,841 to €38,463
- Taxes +€10,121
up €10,121 (+2,498%), from €405 to €10,526
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 | €669,763 | €683,787 | +€14,024 | +2.1% |
| Fixed assets | 21/28 | €294,263 | €282,869 | -€11,393 | -3.9% |
| Tangible fixed assets | 22/27 | €293,493 | €282,099 | -€11,393 | -3.9% |
| Land and buildings | 22 | €288,609 | €273,338 | -€15,271 | -5.3% |
| Plant, machinery and equipment | 23 | €1,772 | €2,323 | +€551 | +31.1% |
| Furniture and vehicles | 24 | €3,112 | €6,438 | +€3,326 | +107% |
| Financial fixed assets | 28 | €770 | €770 | = | 0.0% |
| Current assets | 29/58 | €375,500 | €400,918 | +€25,418 | +6.8% |
| Amounts receivable after more than one year | 29 | €195,896 | €232,446 | +€36,550 | +18.7% |
| Other amounts receivable | 291 | €195,896 | €232,446 | +€36,550 | +18.7% |
| Amounts receivable within one year | 40/41 | €69,861 | €42,629 | -€27,232 | -39.0% |
| Trade receivables | 40 | €29,543 | €31,649 | +€2,106 | +7.1% |
| Other amounts receivable | 41 | €40,318 | €10,979 | -€29,339 | -72.8% |
| Cash at bank and in hand | 54/58 | €100,107 | €114,214 | +€14,108 | +14.1% |
| Deferred charges and accrued income | 490/1 | €9,636 | €11,629 | +€1,992 | +20.7% |
| Total equity and liabilities | 10/49 | €669,763 | €683,787 | +€14,024 | +2.1% |
| Equity | 10/15 | €499,859 | €507,346 | +€7,487 | +1.5% |
| Contributions | 10/11 | €20,000 | €1,000 | -€19,000 | -95.0% |
| Reserves | 13 | €561,470 | €587,957 | +€26,487 | +4.7% |
| Tax-exempt reserves | 132 | €279,621 | €279,621 | = | 0.0% |
| Distributable reserves | 133 | €281,849 | €308,336 | +€26,487 | +9.4% |
| Profit (loss) carried forward | 14 | -€81,611 | -€81,611 | = | 0.0% |
| Provisions and deferred taxes | 16 | €77,948 | €77,948 | = | 0.0% |
| Deferred taxes | 168 | €77,948 | €77,948 | = | 0.0% |
| Amounts payable | 17/49 | €91,955 | €98,492 | +€6,537 | +7.1% |
| Amounts payable after more than one year | 17 | €48,397 | €38,829 | -€9,568 | -19.8% |
| Financial debts | 170/4 | €48,397 | €38,829 | -€9,568 | -19.8% |
| Amounts payable within one year | 42/48 | €43,312 | €59,663 | +€16,350 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €11,583 | €10,355 | -€1,228 | -10.6% |
| Trade debts | 44 | €20,248 | €21,023 | +€775 | +3.8% |
| Suppliers | 440/4 | €20,248 | €21,023 | +€775 | +3.8% |
| Taxes, remuneration and social security | 45 | €11,482 | €28,285 | +€16,804 | +146% |
| Taxes | 450/3 | €8,173 | €23,478 | +€15,305 | +187% |
| Remuneration and social security | 454/9 | €3,309 | €4,807 | +€1,498 | +45.3% |
| Accrued charges and deferred income | 492/3 | €246 | - | -€246 | |
| Remuneration, social security and pensions | 62 | €15,841 | €38,463 | +€22,622 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,097 | €17,466 | +€369 | +2.2% |
| Other operating charges | 640/8 | €1,296 | €569 | -€727 | -56.1% |
| Gross operating margin | 9900 | €20,357 | €96,348 | +€75,991 | +373% |
| Operating profit (loss) | 9901 | -€13,877 | €39,850 | +€53,727 | |
| Financial income | 75/76B | €35 | €29 | -€6 | -17.6% |
| Recurring financial income | 75 | €35 | €29 | -€6 | -17.6% |
| Financial charges | 65/66B | €3,149 | €2,866 | -€284 | -9.0% |
| Recurring financial charges | 65 | €3,149 | €2,866 | -€284 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,991 | €37,014 | +€54,005 | |
| Income taxes | 67/77 | €405 | €10,526 | +€10,121 | +2,498% |
| Profit (loss) for the period | 9904 | -€17,396 | €26,487 | +€43,883 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,396 | €26,487 | +€43,883 |
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.