CAZA IMMO: 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 IMMO
Largest movements
- Cash -€17,867
down €17,867 (-85.0%), from €21,026 to €3,159
mainly Receivables within one year (-€15,866) and Net result for the year (-€2,830)
- Receivables within one year +€15,866
up €15,866 (+204%), from €7,763 to €23,629
- Formation expenses -€490
down €490 (-86.1%), from €570 to €79
- Profit (loss) carried forward -€2,830
down €2,830 (-12.4%), from €22,899 to €20,069
- Tax, wage and social debts +€338
new in 2025: €338
- Other operating charges -€1,543
no longer reported in 2025 (was €1,543)
- Gross operating margin -€207
down €207 (-14.7%), from -€1,406 to -€1,613
- Taxes -€39
no longer reported in 2025 (was €39)
- Financial charges -€18
down €18 (-2.4%), from €744 to €726
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 | €29,359 | €26,868 | -€2,491 | -8.5% |
| Formation expenses | 20 | €570 | €79 | -€490 | -86.1% |
| Current assets | 29/58 | €28,789 | €26,788 | -€2,001 | -7.0% |
| Amounts receivable within one year | 40/41 | €7,763 | €23,629 | +€15,866 | +204% |
| Other amounts receivable | 41 | €7,763 | €23,629 | +€15,866 | +204% |
| Cash at bank and in hand | 54/58 | €21,026 | €3,159 | -€17,867 | -85.0% |
| Total equity and liabilities | 10/49 | €29,359 | €26,868 | -€2,491 | -8.5% |
| Equity | 10/15 | €28,899 | €26,069 | -€2,830 | -9.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,899 | €20,069 | -€2,830 | -12.4% |
| Amounts payable | 17/49 | €460 | €798 | +€338 | +73.6% |
| Amounts payable within one year | 42/48 | €460 | €798 | +€338 | +73.6% |
| Taxes, remuneration and social security | 45 | - | €338 | +€338 | |
| Taxes | 450/3 | - | €338 | +€338 | |
| Other amounts payable | 47/48 | €460 | €460 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €490 | = | 0.0% |
| Other operating charges | 640/8 | €1,543 | - | -€1,543 | |
| Gross operating margin | 9900 | -€1,406 | -€1,613 | -€207 | -14.7% |
| Operating profit (loss) | 9901 | -€3,439 | -€2,104 | +€1,336 | +38.8% |
| Financial charges | 65/66B | €744 | €726 | -€18 | -2.4% |
| Recurring financial charges | 65 | €744 | €726 | -€18 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,183 | -€2,830 | +€1,353 | +32.3% |
| Income taxes | 67/77 | €39 | - | -€39 | |
| Profit (loss) for the period | 9904 | -€4,222 | -€2,830 | +€1,393 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,222 | -€2,830 | +€1,393 | +33.0% |
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 24 October 2026 via checked.be.