CAZCON: 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.
CAZCON
Largest movements
- Cash +€41,273
up €41,273 (+125%), from €32,912 to €74,185
mainly Net result for the year (+€32,441) and Tax, wage and social debts (+€10,242)
- Reserves +€31,582
up €31,582 (+116%), from €27,275 to €58,857
- Tax, wage and social debts +€10,242
up €10,242 (+76.5%), from €13,391 to €23,633
- Gross operating margin +€8,931
up €8,931 (+23.9%), from €37,314 to €46,245
- Taxes +€2,846
up €2,846 (+38.5%), from €7,394 to €10,240
- Financial charges +€1,589
up €1,589 (+146%), from €1,086 to €2,675
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 | €46,637 | €88,223 | +€41,586 | +89.2% |
| Current assets | 29/58 | €46,637 | €88,223 | +€41,586 | +89.2% |
| Amounts receivable within one year | 40/41 | €12,442 | €12,700 | +€258 | +2.1% |
| Trade receivables | 40 | €12,442 | €12,700 | +€258 | +2.1% |
| Cash at bank and in hand | 54/58 | €32,912 | €74,185 | +€41,273 | +125% |
| Deferred charges and accrued income | 490/1 | €1,283 | €1,337 | +€55 | +4.3% |
| Total equity and liabilities | 10/49 | €46,637 | €88,223 | +€41,586 | +89.2% |
| Equity | 10/15 | €28,275 | €59,857 | +€31,582 | +112% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,275 | €58,857 | +€31,582 | +116% |
| Distributable reserves | 133 | €27,275 | €58,857 | +€31,582 | +116% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,362 | €28,365 | +€10,003 | +54.5% |
| Amounts payable within one year | 42/48 | €18,362 | €28,365 | +€10,003 | +54.5% |
| Trade debts | 44 | €1,506 | €1,188 | -€319 | -21.2% |
| Suppliers | 440/4 | €1,506 | €1,188 | -€319 | -21.2% |
| Taxes, remuneration and social security | 45 | €13,391 | €23,633 | +€10,242 | +76.5% |
| Taxes | 450/3 | €13,391 | €23,633 | +€10,242 | +76.5% |
| Other amounts payable | 47/48 | €3,465 | €3,545 | +€80 | +2.3% |
| Other operating charges | 640/8 | €700 | €891 | +€192 | +27.4% |
| Gross operating margin | 9900 | €37,314 | €46,245 | +€8,931 | +23.9% |
| Operating profit (loss) | 9901 | €36,614 | €45,353 | +€8,739 | +23.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,086 | €2,675 | +€1,589 | +146% |
| Recurring financial charges | 65 | €1,086 | €2,675 | +€1,589 | +146% |
| Profit (loss) for the period before taxes | 9903 | €35,528 | €42,681 | +€7,153 | +20.1% |
| Income taxes | 67/77 | €7,394 | €10,240 | +€2,846 | +38.5% |
| Profit (loss) for the period | 9904 | €28,134 | €32,441 | +€4,308 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,134 | €32,441 | +€4,308 | +15.3% |
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 16 October 2026 via checked.be.