CAZA CONCEPT: 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.
CAZA CONCEPT
Largest movements
- Receivables within one year +€19,940
up €19,940 (+111%), from €17,993 to €37,933
of which Other amounts receivable: +€21,228
- Cash +€12,493
new in 2025: €12,493
mainly Net result for the year (+€48,170) and Tax, wage and social debts (+€14,873)
- Profit (loss) carried forward +€48,170
up €48,170, from -€16,839 to €31,331
- Short-term financial debts -€29,421
no longer reported in 2025 (was €29,421)
- Tax, wage and social debts +€14,873
new in 2025: €14,873
of which Taxes: +€14,515
- Trade debts -€1,547
down €1,547 (-35.3%), from €4,379 to €2,832
- Gross operating margin +€45,981
up €45,981 (+291%), from €15,815 to €61,796
- Staff costs -€27,758
down €27,758 (-96.0%), from €28,909 to €1,150
- Taxes +€8,520
new in 2025: €8,520
- Other operating charges +€1,254
up €1,254 (+224%), from €561 to €1,815
- Financial income +€685
up €685 (+121%), from €566 to €1,251
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 | €18,961 | €51,036 | +€32,075 | +169% |
| Formation expenses | 20 | €263 | - | -€263 | |
| Current assets | 29/58 | €18,699 | €51,036 | +€32,338 | +173% |
| Amounts receivable within one year | 40/41 | €17,993 | €37,933 | +€19,940 | +111% |
| Trade receivables | 40 | €2,023 | €735 | -€1,288 | -63.7% |
| Other amounts receivable | 41 | €15,970 | €37,198 | +€21,228 | +133% |
| Cash at bank and in hand | 54/58 | - | €12,493 | +€12,493 | |
| Deferred charges and accrued income | 490/1 | €706 | €610 | -€95 | -13.5% |
| Total equity and liabilities | 10/49 | €18,961 | €51,036 | +€32,075 | +169% |
| Equity | 10/15 | -€14,839 | €33,331 | +€48,170 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,839 | €31,331 | +€48,170 | |
| Amounts payable | 17/49 | €33,800 | €17,705 | -€16,095 | -47.6% |
| Amounts payable within one year | 42/48 | €33,800 | €17,705 | -€16,095 | -47.6% |
| Financial debts | 43 | €29,421 | - | -€29,421 | |
| Credit institutions | 430/8 | €29,421 | - | -€29,421 | |
| Trade debts | 44 | €4,379 | €2,832 | -€1,547 | -35.3% |
| Suppliers | 440/4 | €4,379 | €2,832 | -€1,547 | -35.3% |
| Taxes, remuneration and social security | 45 | - | €14,873 | +€14,873 | |
| Taxes | 450/3 | - | €14,515 | +€14,515 | |
| Remuneration and social security | 454/9 | - | €358 | +€358 | |
| Remuneration, social security and pensions | 62 | €28,909 | €1,150 | -€27,758 | -96.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €903 | €263 | -€640 | -70.9% |
| Other operating charges | 640/8 | €561 | €1,815 | +€1,254 | +224% |
| Gross operating margin | 9900 | €15,815 | €61,796 | +€45,981 | +291% |
| Operating profit (loss) | 9901 | -€14,557 | €58,568 | +€73,125 | |
| Financial income | 75/76B | €566 | €1,251 | +€685 | +121% |
| Recurring financial income | 75 | €566 | €1,251 | +€685 | +121% |
| Financial charges | 65/66B | €2,847 | €3,129 | +€281 | +9.9% |
| Recurring financial charges | 65 | €2,847 | €3,129 | +€281 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,839 | €56,690 | +€73,529 | |
| Income taxes | 67/77 | - | €8,520 | +€8,520 | |
| Profit (loss) for the period | 9904 | -€16,839 | €48,170 | +€65,008 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,839 | €48,170 | +€65,008 |
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 14 October 2026 via checked.be.