CASUS: what changed
Two fiscal 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.
CASUS
Largest movements
- Tangible fixed assets -€27,460
down €27,460 (-47.1%), from €58,261 to €30,801
of which Furniture and vehicles: -€26,312
- Cash +€10,295
up €10,295 (+17.9%), from €57,353 to €67,647
mainly Net result for the year (+€98,866) and Depreciation (+€27,460)
- Receivables within one year +€1,788
up €1,788 (+3.9%), from €46,097 to €47,885
of which Trade receivables: +€4,955
- Debts after one year -€15,515
down €15,515 (-67.0%), from €23,147 to €7,632
- Other debts +€7,747
up €7,747 (+8.2%), from €94,724 to €102,471
- Current portion of long-term debt -€7,446
down €7,446 (-32.4%), from €22,961 to €15,515
- Financial income +€24,897
up €24,897 (+85.9%), from €28,984 to €53,880
- Depreciation -€2,852
down €2,852 (-9.4%), from €30,311 to €27,460
- Taxes +€883
up €883 (+7.7%), from €11,402 to €12,285
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.
Cash bridge derived
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 | €161,861 | €146,484 | -€15,377 | -9.5% |
| Fixed assets | 21/28 | €58,261 | €30,801 | -€27,460 | -47.1% |
| Tangible fixed assets | 22/27 | €58,261 | €30,801 | -€27,460 | -47.1% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €8,315 | €7,168 | -€1,147 | -13.8% |
| Furniture and vehicles | 24 | €49,945 | €23,633 | -€26,312 | -52.7% |
| Current assets | 29/58 | €103,600 | €115,682 | +€12,082 | +11.7% |
| Amounts receivable within one year | 40/41 | €46,097 | €47,885 | +€1,788 | +3.9% |
| Trade receivables | 40 | €35,556 | €40,511 | +€4,955 | +13.9% |
| Other amounts receivable | 41 | €10,541 | €7,375 | -€3,167 | -30.0% |
| Cash at bank and in hand | 54/58 | €57,353 | €67,647 | +€10,295 | +17.9% |
| Deferred charges and accrued income | 490/1 | €150 | €150 | = | 0.0% |
| Total equity and liabilities | 10/49 | €161,861 | €146,484 | -€15,377 | -9.5% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €143,261 | €127,884 | -€15,377 | -10.7% |
| Amounts payable after more than one year | 17 | €23,147 | €7,632 | -€15,515 | -67.0% |
| Financial debts | 170/4 | €23,147 | €7,632 | -€15,515 | -67.0% |
| Amounts payable within one year | 42/48 | €120,114 | €120,252 | +€138 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €22,961 | €15,515 | -€7,446 | -32.4% |
| Trade debts | 44 | €118 | €0 | -€118 | -100.0% |
| Suppliers | 440/4 | €118 | €0 | -€118 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,310 | €2,265 | -€45 | -1.9% |
| Taxes | 450/3 | €2,310 | €2,265 | -€45 | -1.9% |
| Other amounts payable | 47/48 | €94,724 | €102,471 | +€7,747 | +8.2% |
| Remuneration, social security and pensions | 62 | €846 | €856 | +€10 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,311 | €27,460 | -€2,852 | -9.4% |
| Other operating charges | 640/8 | €668 | €485 | -€183 | -27.4% |
| Gross operating margin | 9900 | €86,698 | €86,545 | -€153 | -0.2% |
| Operating profit (loss) | 9901 | €54,872 | €57,745 | +€2,872 | +5.2% |
| Financial income | 75/76B | €28,984 | €53,880 | +€24,897 | +85.9% |
| Recurring financial income | 75 | €28,984 | €53,880 | +€24,897 | +85.9% |
| Financial charges | 65/66B | €815 | €473 | -€342 | -41.9% |
| Recurring financial charges | 65 | €815 | €473 | -€342 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €83,041 | €111,152 | +€28,110 | +33.9% |
| Income taxes | 67/77 | €11,402 | €12,285 | +€883 | +7.7% |
| Profit (loss) for the period | 9904 | €71,639 | €98,866 | +€27,227 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,639 | €98,866 | +€27,227 | +38.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.