LA CASIERE: 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.
LA CASIERE
Largest movements
- Receivables within one year -€35,550
down €35,550 (-38.0%), from €93,584 to €58,035
of which Other amounts receivable: -€41,028
- Cash -€34,423
down €34,423 (-21.4%), from €161,185 to €126,763
mainly Debts after one year (-€78,991) and Stocks and contracts (-€23,669)
- Intangible fixed assets -€32,500
down €32,500 (-19.6%), from €165,482 to €132,982
- Stocks and contracts +€23,669
up €23,669 (+31.5%), from €75,101 to €98,770
- Receivables after one year +€23,097
up €23,097 (+24.5%), from €94,404 to €117,501
- Debts after one year -€78,991
down €78,991 (-25.5%), from €310,177 to €231,186
of which Financial debts: -€78,991
- Trade debts +€33,369
up €33,369 (+39.6%), from €84,201 to €117,570
- Tax, wage and social debts +€10,933
up €10,933 (+20.1%), from €54,372 to €65,306
of which Remuneration and social security: +€15,490
- Current portion of long-term debt -€10,680
down €10,680 (-17.4%), from €61,287 to €50,607
- Staff costs +€54,930
up €54,930 (+23.0%), from €238,868 to €293,798
- Depreciation -€18,632
down €18,632 (-27.2%), from €68,467 to €49,835
- Taxes -€6,830
down €6,830 (-66.5%), from €10,271 to €3,441
- Gross operating margin +€6,002
up €6,002 (+1.7%), from €360,276 to €366,278
- Other operating charges +€4,301
up €4,301 (+150%), from €2,872 to €7,172
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 | €665,502 | €621,196 | -€44,306 | -6.7% |
| Fixed assets | 21/28 | €231,389 | €200,592 | -€30,797 | -13.3% |
| Intangible fixed assets | 21 | €165,482 | €132,982 | -€32,500 | -19.6% |
| Tangible fixed assets | 22/27 | €65,908 | €67,611 | +€1,703 | +2.6% |
| Plant, machinery and equipment | 23 | €20,482 | €16,704 | -€3,778 | -18.4% |
| Furniture and vehicles | 24 | €13,568 | €15,750 | +€2,182 | +16.1% |
| Other tangible fixed assets | 26 | €31,858 | €35,157 | +€3,299 | +10.4% |
| Current assets | 29/58 | €434,112 | €420,604 | -€13,509 | -3.1% |
| Amounts receivable after more than one year | 29 | €94,404 | €117,501 | +€23,097 | +24.5% |
| Other amounts receivable | 291 | €94,404 | €117,501 | +€23,097 | +24.5% |
| Stocks and contracts in progress | 3 | €75,101 | €98,770 | +€23,669 | +31.5% |
| Stocks | 30/36 | €75,101 | €98,770 | +€23,669 | +31.5% |
| Amounts receivable within one year | 40/41 | €93,584 | €58,035 | -€35,550 | -38.0% |
| Trade receivables | 40 | €34,060 | €39,538 | +€5,478 | +16.1% |
| Other amounts receivable | 41 | €59,525 | €18,497 | -€41,028 | -68.9% |
| Cash at bank and in hand | 54/58 | €161,185 | €126,763 | -€34,423 | -21.4% |
| Deferred charges and accrued income | 490/1 | €9,838 | €19,536 | +€9,698 | +98.6% |
| Total equity and liabilities | 10/49 | €665,502 | €621,196 | -€44,306 | -6.7% |
| Equity | 10/15 | €126,809 | €128,193 | +€1,383 | +1.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €75,500 | €75,500 | = | 0.0% |
| Distributable reserves | 133 | €75,500 | €75,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,309 | €2,693 | +€1,383 | +106% |
| Amounts payable | 17/49 | €538,693 | €493,003 | -€45,689 | -8.5% |
| Amounts payable after more than one year | 17 | €310,177 | €231,186 | -€78,991 | -25.5% |
| Financial debts | 170/4 | €235,177 | €156,186 | -€78,991 | -33.6% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €211,561 | €238,659 | +€27,098 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €61,287 | €50,607 | -€10,680 | -17.4% |
| Trade debts | 44 | €84,201 | €117,570 | +€33,369 | +39.6% |
| Suppliers | 440/4 | €84,201 | €117,570 | +€33,369 | +39.6% |
| Taxes, remuneration and social security | 45 | €54,372 | €65,306 | +€10,933 | +20.1% |
| Taxes | 450/3 | €13,571 | €9,014 | -€4,557 | -33.6% |
| Remuneration and social security | 454/9 | €40,801 | €56,291 | +€15,490 | +38.0% |
| Other amounts payable | 47/48 | €11,700 | €5,176 | -€6,524 | -55.8% |
| Accrued charges and deferred income | 492/3 | €16,955 | €23,159 | +€6,204 | +36.6% |
| Remuneration, social security and pensions | 62 | €238,868 | €293,798 | +€54,930 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,467 | €49,835 | -€18,632 | -27.2% |
| Other operating charges | 640/8 | €2,872 | €7,172 | +€4,301 | +150% |
| Gross operating margin | 9900 | €360,276 | €366,278 | +€6,002 | +1.7% |
| Operating profit (loss) | 9901 | €50,069 | €15,473 | -€34,597 | -69.1% |
| Financial income | 75/76B | €465 | €2,937 | +€2,473 | +532% |
| Recurring financial income | 75 | €465 | €2,937 | +€2,473 | +532% |
| Financial charges | 65/66B | €12,869 | €13,586 | +€717 | +5.6% |
| Recurring financial charges | 65 | €12,869 | €13,586 | +€717 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €37,665 | €4,824 | -€32,841 | -87.2% |
| Income taxes | 67/77 | €10,271 | €3,441 | -€6,830 | -66.5% |
| Profit (loss) for the period | 9904 | €27,393 | €1,383 | -€26,010 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,393 | €1,383 | -€26,010 | -95.0% |
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 29 October 2026 via checked.be.