CAZIMOS: 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.
CAZIMOS
Largest movements
- Receivables within one year +€6,506
up €6,506 (+18.9%), from €34,448 to €40,954
- Cash +€3,240
up €3,240 (+13.9%), from €23,381 to €26,621
mainly Net result for the year (+€10,680) and Tax, wage and social debts (+€1,068)
- Reserves +€10,680
up €10,680 (+16.7%), from €63,934 to €74,614
of which Distributable reserves: +€10,680
- Gross operating margin +€5,797
up €5,797 (+28.9%), from €20,066 to €25,863
- Taxes +€1,641
up €1,641 (+49.8%), from €3,293 to €4,934
- Other operating charges +€378
up €378 (+3.1%), from €12,196 to €12,573
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 | €163,758 | €174,902 | +€11,145 | +6.8% |
| Fixed assets | 21/28 | €105,929 | €107,328 | +€1,399 | +1.3% |
| Tangible fixed assets | 22/27 | €105,929 | €107,328 | +€1,399 | +1.3% |
| Land and buildings | 22 | €105,929 | €107,328 | +€1,399 | +1.3% |
| Current assets | 29/58 | €57,829 | €67,575 | +€9,746 | +16.9% |
| Amounts receivable within one year | 40/41 | €34,448 | €40,954 | +€6,506 | +18.9% |
| Other amounts receivable | 41 | €34,448 | €40,954 | +€6,506 | +18.9% |
| Cash at bank and in hand | 54/58 | €23,381 | €26,621 | +€3,240 | +13.9% |
| Total equity and liabilities | 10/49 | €163,758 | €174,902 | +€11,145 | +6.8% |
| Equity | 10/15 | €162,095 | €172,775 | +€10,680 | +6.6% |
| Contributions | 10/11 | €98,161 | €98,161 | = | 0.0% |
| Reserves | 13 | €63,934 | €74,614 | +€10,680 | +16.7% |
| Tax-exempt reserves | 132 | €8 | €8 | = | 0.0% |
| Distributable reserves | 133 | €63,926 | €74,606 | +€10,680 | +16.7% |
| Amounts payable | 17/49 | €1,663 | €2,128 | +€465 | +27.9% |
| Amounts payable within one year | 42/48 | €1,663 | €2,128 | +€465 | +27.9% |
| Trade debts | 44 | €870 | €267 | -€603 | -69.4% |
| Suppliers | 440/4 | €870 | €267 | -€603 | -69.4% |
| Taxes, remuneration and social security | 45 | €793 | €1,861 | +€1,068 | +134.7% |
| Taxes | 450/3 | €793 | €1,861 | +€1,068 | +134.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86 | €111 | +€25 | +29.6% |
| Other operating charges | 640/8 | €12,196 | €12,573 | +€378 | +3.1% |
| Gross operating margin | 9900 | €20,066 | €25,863 | +€5,797 | +28.9% |
| Operating profit (loss) | 9901 | €7,785 | €13,179 | +€5,394 | +69.3% |
| Financial income | 75/76B | €2,565 | €2,435 | -€130 | -5.1% |
| Recurring financial income | 75 | €2,565 | €2,435 | -€130 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €10,350 | €15,614 | +€5,264 | +50.9% |
| Income taxes | 67/77 | €3,293 | €4,934 | +€1,641 | +49.8% |
| Profit (loss) for the period | 9904 | €7,057 | €10,680 | +€3,623 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,057 | €10,680 | +€3,623 | +51.3% |
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.