CASVIN: 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.
CASVIN
Largest movements
- Cash +€40,292
up €40,292 (+198.2%), from €20,332 to €60,624
mainly Net result for the year (+€52,908) and Accrued charges and deferred income (+€1,470)
- Receivables within one year +€5,911
up €5,911 (+871.6%), from €678 to €6,589
- Tangible fixed assets +€2,070
new in 2025: €2,070
of which Plant, machinery and equipment: +€1,389
- Reserves +€52,908
up €52,908 (+53.3%), from €99,236 to €152,144
- Debts after one year -€3,609
down €3,609 (-7.4%), from €48,499 to €44,890
- Taxes -€6,129
down €6,129 (-25.4%), from €24,142 to €18,014
- Financial income -€2,943
down €2,943 (-65.9%), from €4,464 to €1,522
- Gross operating margin -€753
down €753 (-1.0%), from €73,934 to €73,180
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 | €155,772 | €205,782 | +€50,010 | +32.1% |
| Fixed assets | 21/28 | - | €2,070 | +€2,070 | |
| Tangible fixed assets | 22/27 | - | €2,070 | +€2,070 | |
| Plant, machinery and equipment | 23 | - | €1,389 | +€1,389 | |
| Furniture and vehicles | 24 | - | €681 | +€681 | |
| Current assets | 29/58 | €155,772 | €203,712 | +€47,940 | +30.8% |
| Amounts receivable after more than one year | 29 | - | €1,718 | +€1,718 | |
| Other amounts receivable | 291 | - | €1,718 | +€1,718 | |
| Amounts receivable within one year | 40/41 | €678 | €6,589 | +€5,911 | +871.6% |
| Other amounts receivable | 41 | €678 | €6,589 | +€5,911 | +871.6% |
| Current investments | 50/53 | €134,328 | €134,328 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,332 | €60,624 | +€40,292 | +198.2% |
| Deferred charges and accrued income | 490/1 | €434 | €453 | +€19 | +4.4% |
| Total equity and liabilities | 10/49 | €155,772 | €205,782 | +€50,010 | +32.1% |
| Equity | 10/15 | €100,736 | €153,644 | +€52,908 | +52.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €99,236 | €152,144 | +€52,908 | +53.3% |
| Distributable reserves | 133 | €99,236 | €152,144 | +€52,908 | +53.3% |
| Amounts payable | 17/49 | €55,037 | €52,138 | -€2,899 | -5.3% |
| Amounts payable after more than one year | 17 | €48,499 | €44,890 | -€3,609 | -7.4% |
| Other amounts payable | 178/9 | €48,499 | €44,890 | -€3,609 | -7.4% |
| Amounts payable within one year | 42/48 | €4,547 | €3,788 | -€759 | -16.7% |
| Trade debts | 44 | €343 | €126 | -€217 | -63.3% |
| Suppliers | 440/4 | €343 | €126 | -€217 | -63.3% |
| Taxes, remuneration and social security | 45 | €4,204 | €3,662 | -€542 | -12.9% |
| Taxes | 450/3 | €4,204 | €3,662 | -€542 | -12.9% |
| Accrued charges and deferred income | 492/3 | €1,991 | €3,461 | +€1,470 | +73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €39 | +€39 | |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €73,934 | €73,180 | -€753 | -1.0% |
| Operating profit (loss) | 9901 | €73,808 | €73,013 | -€795 | -1.1% |
| Financial income | 75/76B | €4,464 | €1,522 | -€2,943 | -65.9% |
| Recurring financial income | 75 | €4,464 | €1,522 | -€2,943 | -65.9% |
| Financial charges | 65/66B | €2,946 | €3,613 | +€667 | +22.6% |
| Recurring financial charges | 65 | €2,946 | €3,613 | +€667 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €75,326 | €70,922 | -€4,404 | -5.8% |
| Income taxes | 67/77 | €24,142 | €18,014 | -€6,129 | -25.4% |
| Profit (loss) for the period | 9904 | €51,184 | €52,908 | +€1,725 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,184 | €52,908 | +€1,725 | +3.4% |
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 5 October 2026 via checked.be.