GROUP CASSVAN: 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.
GROUP CASSVAN
Largest movements
- Receivables within one year +€6,777
up €6,777 (+784.4%), from €864 to €7,640
of which Other amounts receivable: +€5,767
- Stocks and contracts +€1,596
up €1,596 (+56.7%), from €2,817 to €4,414
- Tangible fixed assets +€358
new in 2025: €358
- Deferred charges and accrued income -€161
no longer reported in 2025 (was €161)
- Profit (loss) carried forward +€8,149
up €8,149 (+23.0%), from -€35,468 to -€27,319
- Other debts -€5,353
no longer reported in 2025 (was €5,353)
- Short-term financial debts +€3,124
up €3,124 (+35.3%), from €8,850 to €11,974
- Tax, wage and social debts +€2,015
up €2,015 (+126.0%), from €1,599 to €3,614
- Current portion of long-term debt +€1,674
new in 2025: €1,674
- Gross operating margin +€12,349
up €12,349, from -€69 to €12,280
- Taxes +€2,058
new in 2025: €2,058
- Financial charges -€730
down €730 (-27.7%), from €2,633 to €1,903
- Other operating charges -€437
no longer reported in 2025 (was €437)
- Depreciation +€179
new in 2025: €179
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,843 | €12,412 | +€8,569 | +223.0% |
| Fixed assets | 21/28 | - | €358 | +€358 | |
| Tangible fixed assets | 22/27 | - | €358 | +€358 | |
| Plant, machinery and equipment | 23 | - | €358 | +€358 | |
| Current assets | 29/58 | €3,843 | €12,054 | +€8,211 | +213.7% |
| Stocks and contracts in progress | 3 | €2,817 | €4,414 | +€1,596 | +56.7% |
| Stocks | 30/36 | €2,817 | €4,414 | +€1,596 | +56.7% |
| Amounts receivable within one year | 40/41 | €864 | €7,640 | +€6,777 | +784.4% |
| Trade receivables | 40 | €864 | €1,874 | +€1,010 | +116.9% |
| Other amounts receivable | 41 | - | €5,767 | +€5,767 | |
| Deferred charges and accrued income | 490/1 | €161 | - | -€161 | |
| Total equity and liabilities | 10/49 | €3,843 | €12,412 | +€8,569 | +223.0% |
| Equity | 10/15 | -€16,876 | -€8,727 | +€8,149 | +48.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,468 | -€27,319 | +€8,149 | +23.0% |
| Amounts payable | 17/49 | €20,719 | €21,139 | +€420 | +2.0% |
| Amounts payable within one year | 42/48 | €20,719 | €21,139 | +€420 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | - | €1,674 | +€1,674 | |
| Financial debts | 43 | €8,850 | €11,974 | +€3,124 | +35.3% |
| Credit institutions | 430/8 | €8,850 | €11,974 | +€3,124 | +35.3% |
| Trade debts | 44 | €4,917 | €3,877 | -€1,040 | -21.2% |
| Suppliers | 440/4 | €4,917 | €3,877 | -€1,040 | -21.2% |
| Taxes, remuneration and social security | 45 | €1,599 | €3,614 | +€2,015 | +126.0% |
| Taxes | 450/3 | €1,599 | €3,614 | +€2,015 | +126.0% |
| Other amounts payable | 47/48 | €5,353 | - | -€5,353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €179 | +€179 | |
| Other operating charges | 640/8 | €437 | - | -€437 | |
| Gross operating margin | 9900 | -€69 | €12,280 | +€12,349 | |
| Operating profit (loss) | 9901 | -€507 | €12,101 | +€12,607 | |
| Financial income | 75/76B | €5 | €9 | +€4 | +81.3% |
| Recurring financial income | 75 | €5 | €9 | +€4 | +81.3% |
| Financial charges | 65/66B | €2,633 | €1,903 | -€730 | -27.7% |
| Recurring financial charges | 65 | €2,633 | €1,903 | -€730 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,135 | €10,207 | +€13,341 | |
| Income taxes | 67/77 | - | €2,058 | +€2,058 | |
| Profit (loss) for the period | 9904 | -€3,135 | €8,149 | +€11,284 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,135 | €8,149 | +€11,284 |
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 6 October 2026 via checked.be.