CASSIS: 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.
What changed
CASSIS
NACE 47.711, Retail sale of women's outerwear
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
-€1.5m
2022 · -€767,376-€753,750
Equity
-€8.4m
2022 · -€6.9m-€1.5m
Cash
€310,084
2022 · €876,001-€565,917
Balance sheet total
€7.3m
2022 · €11.2m-€4.0m
Largest movements
Assets
- Receivables within one year -€2.8m
down €2.8m (-36.6%), from €7.8m to €4.9m
of which Trade receivables: -€3.3m
- Cash -€565,917
down €565,917 (-64.6%), from €876,001 to €310,084
mainly Trade debts (-€2.2m) and Net result for the year (-€1.5m)
- Stocks and contracts -€428,177
down €428,177 (-22.0%), from €1.9m to €1.5m
Equity and liabilities
- Trade debts -€2.2m
down €2.2m (-38.4%), from €5.7m to €3.5m
- Profit (loss) carried forward -€1.5m
down €1.5m (-20.7%), from -€7.4m to -€8.9m
- Tax, wage and social debts -€557,006
down €557,006 (-55.7%), from €1.0m to €443,782
of which Taxes: -€348,552
- Other debts +€260,018
up €260,018 (+2.3%), from €11.3m to €11.5m
Income statement
- Turnover +€2.8m
up €2.8m (+16.6%), from €17.1m to €20.0m
- Goods and materials +€2.5m
up €2.5m (+22.1%), from €11.2m to €13.6m
of which Purchases: +€2.0m
- Other operating income -€1.3m
down €1.3m (-91.9%), from €1.4m to €114,153
From the 2022 result to the 2023 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.
Result 2022
-€767,376
Turnover
+€2.8m
Other operating income
-€1.3m
Goods and materials
-€2.5m
Services and other goods
+€194,270
Staff costs
-€123,121
Depreciation
+€104,953
Write-downs
-€47,390
Provisions
+€15,254
Other operating charges
+€44,713
Other operating items
+€22,614
Financial income
-€41,736
Financial charges
-€7,185
Taxes
+€57
Result 2023
-€1.5m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€543,249
Investment
-€22,668
Financing
+€0
Cash 2022
€876,001
From operations (derived)
-€543,249
Net result for the year
-€1.5m
Depreciation
+€93,079
Stocks and contracts
+€428,177
Receivables within one year
+€2.8m
Deferred charges and accrued income
+€43,425
Provisions
+€3,336
Trade debts
-€2.2m
Tax, wage and social debts
-€557,006
Other debts
+€260,018
Accrued charges and deferred income
+€57,175
Investment (derived)
-€22,668
Investment in fixed assets (net)
-€22,668
Financing
+€0
Contributions, distributions and other
+€0
Cash 2023
€310,084
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,233,359 | €7,278,911 | -€4.0m | -35.2% |
| Fixed assets | 21/28 | €340,228 | €269,817 | -€70,411 | -20.7% |
| Intangible fixed assets | 21 | €113,497 | €107,932 | -€5,565 | -4.9% |
| Tangible fixed assets | 22/27 | €195,939 | €131,093 | -€64,846 | -33.1% |
| Furniture and vehicles | 24 | €4,542 | €2,036 | -€2,506 | -55.2% |
| Other tangible fixed assets | 26 | €136,912 | €68,803 | -€68,109 | -49.7% |
| Assets under construction and advance payments | 27 | €54,484 | €60,254 | +€5,770 | +10.6% |
| Financial fixed assets | 28 | €30,792 | €30,792 | +€0 | 0.0% |
| Other financial fixed assets | 284/8 | €30,792 | €30,792 | +€0 | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €30,792 | €30,792 | +€0 | 0.0% |
| Current assets | 29/58 | €10,893,131 | €7,009,094 | -€3.9m | -35.7% |
| Stocks and contracts in progress | 3 | €1,945,394 | €1,517,217 | -€428,177 | -22.0% |
| Stocks | 30/36 | €1,945,394 | €1,517,217 | -€428,177 | -22.0% |
| Goods purchased for resale | 34 | €1,945,394 | €1,517,217 | -€428,177 | -22.0% |
| Amounts receivable within one year | 40/41 | €7,773,090 | €4,926,572 | -€2.8m | -36.6% |
| Trade receivables | 40 | €6,873,492 | €3,584,340 | -€3.3m | -47.9% |
| Other amounts receivable | 41 | €899,597 | €1,342,232 | +€442,635 | +49.2% |
| Cash at bank and in hand | 54/58 | €876,001 | €310,084 | -€565,917 | -64.6% |
| Deferred charges and accrued income | 490/1 | €298,646 | €255,221 | -€43,425 | -14.5% |
| Total equity and liabilities | 10/49 | €11,233,359 | €7,278,911 | -€4.0m | -35.2% |
| Equity | 10/15 | -€6,850,794 | -€8,371,920 | -€1.5m | -22.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,350,794 | -€8,871,920 | -€1.5m | -20.7% |
| Provisions and deferred taxes | 16 | €79,149 | €82,485 | +€3,336 | +4.2% |
| Provisions for liabilities and charges | 160/5 | €79,149 | €82,485 | +€3,336 | +4.2% |
| Environmental obligations | 163 | €79,149 | €82,485 | +€3,336 | +4.2% |
| Amounts payable | 17/49 | €18,005,004 | €15,568,346 | -€2.4m | -13.5% |
| Amounts payable within one year | 42/48 | €17,983,493 | €15,489,659 | -€2.5m | -13.9% |
| Trade debts | 44 | €5,715,882 | €3,519,035 | -€2.2m | -38.4% |
| Suppliers | 440/4 | €5,715,882 | €3,519,035 | -€2.2m | -38.4% |
| Taxes, remuneration and social security | 45 | €1,000,788 | €443,782 | -€557,006 | -55.7% |
| Taxes | 450/3 | €592,881 | €244,329 | -€348,552 | -58.8% |
| Remuneration and social security | 454/9 | €407,907 | €199,453 | -€208,454 | -51.1% |
| Other amounts payable | 47/48 | €11,266,824 | €11,526,842 | +€260,018 | +2.3% |
| Accrued charges and deferred income | 492/3 | €21,512 | €78,687 | +€57,175 | +266% |
| Operating income | 70/76A | €18,546,221 | €20,092,692 | +€1.5m | +8.3% |
| Turnover | 70 | €17,130,661 | €19,978,539 | +€2.8m | +16.6% |
| Other operating income | 74 | €1,415,561 | €114,153 | -€1.3m | -91.9% |
| Operating charges | 60/66A | €19,173,256 | €21,424,613 | +€2.3m | +11.7% |
| Goods for resale, raw materials and consumables | 60 | €11,153,959 | €13,616,609 | +€2.5m | +22.1% |
| Purchases | 600/8 | €11,323,985 | €13,286,528 | +€2.0m | +17.3% |
| Change in stocks: decrease (increase) | 609 | -€170,025 | €330,081 | +€500,106 | |
| Services and other goods | 61 | €5,473,630 | €5,279,360 | -€194,270 | -3.5% |
| Remuneration, social security and pensions | 62 | €2,176,283 | €2,299,404 | +€123,121 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198,032 | €93,079 | -€104,953 | -53.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €51,097 | €98,487 | +€47,390 | +92.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €18,590 | €3,336 | -€15,254 | -82.1% |
| Other operating charges | 640/8 | €63,132 | €18,419 | -€44,713 | -70.8% |
| Non-recurring operating charges | 66A | €38,533 | €15,919 | -€22,614 | -58.7% |
| Operating profit (loss) | 9901 | -€627,035 | -€1,331,921 | -€704,886 | -112% |
| Financial income | 75/76B | €167,602 | €125,866 | -€41,736 | -24.9% |
| Recurring financial income | 75 | €167,602 | €125,866 | -€41,736 | -24.9% |
| Other financial income | 752/9 | €167,602 | €125,866 | -€41,736 | -24.9% |
| Financial charges | 65/66B | €307,886 | €315,071 | +€7,185 | +2.3% |
| Recurring financial charges | 65 | €307,886 | €315,071 | +€7,185 | +2.3% |
| Debt charges | 650 | €275,506 | €300,523 | +€25,017 | +9.1% |
| Other financial charges | 652/9 | €32,380 | €14,548 | -€17,832 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | -€767,319 | -€1,521,126 | -€753,807 | -98.2% |
| Income taxes | 67/77 | €57 | - | -€57 | |
| Taxes | 670/3 | €57 | - | -€57 | |
| Profit (loss) for the period | 9904 | -€767,376 | -€1,521,126 | -€753,750 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€767,376 | -€1,521,126 | -€753,750 | -98.2% |
Source: filed annual accounts (NBB), financial years ended 31 January 2022 and 31 January 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.