GROUP CASIER 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.
GROUP CASIER IMMO
Largest movements
- Cash -€1.5m
down €1.5m (-97.0%), from €1.6m to €46,647
mainly Trade debts (-€1.4m) and Contributions, distributions and other (-€337,829)
- Receivables within one year -€286,852
down €286,852 (-73.4%), from €390,711 to €103,859
of which Trade receivables: -€255,586
- Tangible fixed assets +€116,374
up €116,374 (+21.3%), from €547,042 to €663,416
of which Land and buildings: +€102,897
- Trade debts -€1.4m
down €1.4m (-96.2%), from €1.4m to €54,129
- Contributions -€362,550
down €362,550 (-79.2%), from €457,887 to €95,337
- Reserves +€84,315
up €84,315 (+150%), from €56,328 to €140,643
of which Tax-exempt reserves: +€84,684
- Tax, wage and social debts -€58,748
down €58,748 (-87.4%), from €67,248 to €8,500
of which Remuneration and social security: -€67,248
- Other debts +€55,001
up €55,001 (+25.4%), from €216,441 to €271,442
- Gross operating margin -€910,796
down €910,796 (-86.9%), from €1.0m to €137,631
- Staff costs -€692,800
down €692,800 (-100%), from €692,800 to €0
- Taxes -€80,142
down €80,142 (-90.1%), from €88,942 to €8,800
- Financial income -€17,737
down €17,737 (-94.6%), from €18,747 to €1,009
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 | €2,529,746 | €826,974 | -€1.7m | -67.3% |
| Fixed assets | 21/28 | €565,553 | €675,515 | +€109,961 | +19.4% |
| Intangible fixed assets | 21 | €6,212 | €0 | -€6,212 | -100% |
| Tangible fixed assets | 22/27 | €547,042 | €663,416 | +€116,374 | +21.3% |
| Land and buildings | 22 | €128,153 | €231,049 | +€102,897 | +80.3% |
| Plant, machinery and equipment | 23 | €7,974 | €0 | -€7,974 | -100% |
| Furniture and vehicles | 24 | €49,459 | €17,541 | -€31,919 | -64.5% |
| Assets under construction and advance payments | 27 | €361,457 | €414,826 | +€53,369 | +14.8% |
| Financial fixed assets | 28 | €12,299 | €12,099 | -€200 | -1.6% |
| Current assets | 29/58 | €1,964,192 | €151,459 | -€1.8m | -92.3% |
| Amounts receivable within one year | 40/41 | €390,711 | €103,859 | -€286,852 | -73.4% |
| Trade receivables | 40 | €355,167 | €99,581 | -€255,586 | -72.0% |
| Other amounts receivable | 41 | €35,544 | €4,278 | -€31,266 | -88.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,563,546 | €46,647 | -€1.5m | -97.0% |
| Deferred charges and accrued income | 490/1 | €9,935 | €953 | -€8,982 | -90.4% |
| Total equity and liabilities | 10/49 | €2,529,746 | €826,974 | -€1.7m | -67.3% |
| Equity | 10/15 | €514,215 | €235,980 | -€278,236 | -54.1% |
| Contributions | 10/11 | €457,887 | €95,337 | -€362,550 | -79.2% |
| Reserves | 13 | €56,328 | €140,643 | +€84,315 | +150% |
| Tax-exempt reserves | 132 | €647 | €85,330 | +€84,684 | +13,097% |
| Distributable reserves | 133 | €55,682 | €55,313 | -€369 | -0.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,015,530 | €590,994 | -€1.4m | -70.7% |
| Amounts payable after more than one year | 17 | €250,624 | €216,541 | -€34,083 | -13.6% |
| Financial debts | 170/4 | €250,624 | €216,541 | -€34,083 | -13.6% |
| Amounts payable within one year | 42/48 | €1,763,255 | €368,154 | -€1.4m | -79.1% |
| Current portion of amounts payable after more than one year | 42 | €37,435 | €34,083 | -€3,352 | -9.0% |
| Financial debts | 43 | €13,609 | €0 | -€13,609 | -100% |
| Other loans | 439 | €13,609 | €0 | -€13,609 | -100% |
| Trade debts | 44 | €1,428,523 | €54,129 | -€1.4m | -96.2% |
| Suppliers | 440/4 | €1,428,523 | €54,129 | -€1.4m | -96.2% |
| Taxes, remuneration and social security | 45 | €67,248 | €8,500 | -€58,748 | -87.4% |
| Taxes | 450/3 | €0 | €8,500 | +€8,500 | |
| Remuneration and social security | 454/9 | €67,248 | €0 | -€67,248 | -100% |
| Other amounts payable | 47/48 | €216,441 | €271,442 | +€55,001 | +25.4% |
| Accrued charges and deferred income | 492/3 | €1,651 | €6,299 | +€4,648 | +282% |
| Non-recurring operating income | 76A | €10,800 | €36,714 | +€25,914 | +240% |
| Remuneration, social security and pensions | 62 | €692,800 | €0 | -€692,800 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,543 | €49,150 | -€1,393 | -2.8% |
| Other operating charges | 640/8 | €9,070 | €4,894 | -€4,176 | -46.0% |
| Gross operating margin | 9900 | €1,048,427 | €137,631 | -€910,796 | -86.9% |
| Operating profit (loss) | 9901 | €296,014 | €83,587 | -€212,427 | -71.8% |
| Financial income | 75/76B | €18,747 | €1,009 | -€17,737 | -94.6% |
| Recurring financial income | 75 | €18,747 | €1,009 | -€17,737 | -94.6% |
| Financial charges | 65/66B | €9,378 | €16,203 | +€6,825 | +72.8% |
| Recurring financial charges | 65 | €9,378 | €16,203 | +€6,825 | +72.8% |
| Profit (loss) for the period before taxes | 9903 | €305,383 | €68,394 | -€236,989 | -77.6% |
| Income taxes | 67/77 | €88,942 | €8,800 | -€80,142 | -90.1% |
| Profit (loss) for the period | 9904 | €216,441 | €59,594 | -€156,847 | -72.5% |
| Transfer to tax-exempt reserves | 689 | - | €33,843 | +€33,843 | |
| Profit (loss) for the period to be appropriated | 9905 | €216,441 | €25,751 | -€190,690 | -88.1% |
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 19 October 2026 via checked.be.