DE CASSEROL: 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.
DE CASSEROL
Largest movements
- Stocks and contracts +€139,522
up €139,522 (+264%), from €52,808 to €192,330
- Cash +€34,978
new in 2025: €34,978
mainly Advances received (+€142,694) and Debts after one year (+€42,866)
- Tangible fixed assets +€26,392
up €26,392 (+316%), from €8,343 to €34,735
of which Other tangible fixed assets: +€23,606
- Advances received +€142,694
up €142,694 (+1,051%), from €13,571 to €156,265
- Debts after one year +€42,866
new in 2025: €42,866
- Short-term financial debts -€23,865
no longer reported in 2025 (was €23,865)
- Reserves +€15,016
up €15,016 (+36.3%), from €41,314 to €56,330
of which Distributable reserves: +€15,016
- Tax, wage and social debts +€13,902
up €13,902 (+351%), from €3,962 to €17,864
of which Remuneration and social security: +€9,600
- Gross operating margin +€87,427
up €87,427 (+309%), from €28,290 to €115,717
- Staff costs +€67,903
up €67,903 (+320%), from €21,226 to €89,129
- Financial charges +€3,147
up €3,147 (+982%), from €320 to €3,467
- Taxes -€2,288
no longer reported in 2025 (was €2,288)
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 | €94,067 | €294,165 | +€200,098 | +213% |
| Fixed assets | 21/28 | €10,117 | €35,235 | +€25,119 | +248% |
| Intangible fixed assets | 21 | €1,773 | €500 | -€1,273 | -71.8% |
| Tangible fixed assets | 22/27 | €8,343 | €34,735 | +€26,392 | +316% |
| Plant, machinery and equipment | 23 | €1,873 | €9,835 | +€7,962 | +425% |
| Furniture and vehicles | 24 | €6,471 | €1,294 | -€5,177 | -80.0% |
| Other tangible fixed assets | 26 | - | €23,606 | +€23,606 | |
| Current assets | 29/58 | €83,950 | €258,929 | +€174,979 | +208% |
| Stocks and contracts in progress | 3 | €52,808 | €192,330 | +€139,522 | +264% |
| Contracts in progress | 37 | €52,808 | €192,330 | +€139,522 | +264% |
| Amounts receivable within one year | 40/41 | €16,142 | €16,621 | +€479 | +3.0% |
| Trade receivables | 40 | €10,868 | €14,232 | +€3,364 | +30.9% |
| Other amounts receivable | 41 | €5,274 | €2,390 | -€2,884 | -54.7% |
| Cash at bank and in hand | 54/58 | - | €34,978 | +€34,978 | |
| Deferred charges and accrued income | 490/1 | €15,000 | €15,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €94,067 | €294,165 | +€200,098 | +213% |
| Equity | 10/15 | €47,514 | €62,530 | +€15,016 | +31.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,314 | €56,330 | +€15,016 | +36.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,454 | €54,470 | +€15,016 | +38.1% |
| Amounts payable | 17/49 | €46,553 | €231,635 | +€185,082 | +398% |
| Amounts payable after more than one year | 17 | - | €42,866 | +€42,866 | |
| Financial debts | 170/4 | - | €42,866 | +€42,866 | |
| Amounts payable within one year | 42/48 | €46,553 | €188,769 | +€142,216 | +305% |
| Current portion of amounts payable after more than one year | 42 | - | €3,985 | +€3,985 | |
| Financial debts | 43 | €23,865 | - | -€23,865 | |
| Credit institutions | 430/8 | €23,865 | - | -€23,865 | |
| Trade debts | 44 | €5,155 | €7,258 | +€2,103 | +40.8% |
| Suppliers | 440/4 | €5,155 | €7,258 | +€2,103 | +40.8% |
| Advances received on contracts in progress | 46 | €13,571 | €156,265 | +€142,694 | +1,051% |
| Taxes, remuneration and social security | 45 | €3,962 | €17,864 | +€13,902 | +351% |
| Taxes | 450/3 | €1,264 | €5,566 | +€4,302 | +340% |
| Remuneration and social security | 454/9 | €2,698 | €12,298 | +€9,600 | +356% |
| Other amounts payable | 47/48 | - | €3,397 | +€3,397 | |
| Remuneration, social security and pensions | 62 | €21,226 | €89,129 | +€67,903 | +320% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,347 | €8,029 | -€318 | -3.8% |
| Other operating charges | 640/8 | €574 | €275 | -€299 | -52.1% |
| Gross operating margin | 9900 | €28,290 | €115,717 | +€87,427 | +309% |
| Operating profit (loss) | 9901 | -€1,857 | €18,284 | +€20,141 | |
| Financial income | 75/76B | €15 | €199 | +€184 | +1,216% |
| Recurring financial income | 75 | €15 | €199 | +€184 | +1,216% |
| Financial charges | 65/66B | €320 | €3,467 | +€3,147 | +982% |
| Recurring financial charges | 65 | €320 | €3,467 | +€3,147 | +982% |
| Profit (loss) for the period before taxes | 9903 | -€2,163 | €15,016 | +€17,178 | |
| Income taxes | 67/77 | €2,288 | - | -€2,288 | |
| Profit (loss) for the period | 9904 | -€4,451 | €15,016 | +€19,466 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,451 | €15,016 | +€19,466 |
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 17 October 2026 via checked.be.