Bureau CAHAY: 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.
Bureau CAHAY
Largest movements
- Deferred charges and accrued income +€20,754
up €20,754 (+859%), from €2,416 to €23,170
- Receivables within one year +€16,523
up €16,523 (+27.6%), from €59,776 to €76,299
of which Other amounts receivable: +€33,891
- Cash -€13,796
down €13,796 (-38.2%), from €36,105 to €22,309
mainly Deferred charges and accrued income (-€20,754) and Receivables within one year (-€16,523)
- Profit (loss) carried forward +€17,530
up €17,530 (+21.7%), from €80,952 to €98,482
- Trade debts +€5,284
up €5,284 (+55.1%), from €9,587 to €14,871
- Debts after one year -€3,822
down €3,822 (-24.2%), from €15,818 to €11,996
- Tax, wage and social debts +€2,438
up €2,438 (+9.2%), from €26,633 to €29,071
of which Remuneration and social security: +€2,715
- Gross operating margin -€27,478
down €27,478 (-21.0%), from €130,752 to €103,273
- Taxes -€8,721
down €8,721 (-50.9%), from €17,118 to €8,398
- Depreciation +€4,512
up €4,512 (+289%), from €1,559 to €6,071
- Staff costs -€3,234
down €3,234 (-4.5%), from €72,534 to €69,300
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 | €155,286 | €176,422 | +€21,137 | +13.6% |
| Fixed assets | 21/28 | €20,686 | €18,341 | -€2,345 | -11.3% |
| Intangible fixed assets | 21 | €1,600 | €800 | -€800 | -50.0% |
| Tangible fixed assets | 22/27 | €19,086 | €17,541 | -€1,545 | -8.1% |
| Furniture and vehicles | 24 | €19,086 | €17,541 | -€1,545 | -8.1% |
| Current assets | 29/58 | €134,599 | €158,081 | +€23,482 | +17.4% |
| Amounts receivable after more than one year | 29 | €36,303 | €36,303 | = | 0.0% |
| Other amounts receivable | 291 | €36,303 | €36,303 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €59,776 | €76,299 | +€16,523 | +27.6% |
| Trade receivables | 40 | €35,640 | €18,272 | -€17,368 | -48.7% |
| Other amounts receivable | 41 | €24,136 | €58,028 | +€33,891 | +140% |
| Cash at bank and in hand | 54/58 | €36,105 | €22,309 | -€13,796 | -38.2% |
| Deferred charges and accrued income | 490/1 | €2,416 | €23,170 | +€20,754 | +859% |
| Total equity and liabilities | 10/49 | €155,286 | €176,422 | +€21,137 | +13.6% |
| Equity | 10/15 | €94,570 | €112,100 | +€17,530 | +18.5% |
| Contributions | 10/11 | €11,829 | €11,829 | = | 0.0% |
| Contributions outside capital | 11 | €11,829 | - | -€11,829 | |
| Other | 1109/19 | €11,829 | - | -€11,829 | |
| Reserves | 13 | €1,788 | €1,788 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,183 | €1,183 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,183 | €1,183 | = | 0.0% |
| Distributable reserves | 133 | €605 | €605 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,952 | €98,482 | +€17,530 | +21.7% |
| Amounts payable | 17/49 | €60,716 | €64,323 | +€3,607 | +5.9% |
| Amounts payable after more than one year | 17 | €15,818 | €11,996 | -€3,822 | -24.2% |
| Financial debts | 170/4 | €15,818 | €11,996 | -€3,822 | -24.2% |
| Amounts payable within one year | 42/48 | €44,898 | €52,281 | +€7,383 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €5,579 | €3,822 | -€1,757 | -31.5% |
| Financial debts | 43 | €269 | €1,687 | +€1,418 | +527% |
| Credit institutions | 430/8 | €269 | €1,687 | +€1,418 | +527% |
| Trade debts | 44 | €9,587 | €14,871 | +€5,284 | +55.1% |
| Suppliers | 440/4 | €9,587 | €14,871 | +€5,284 | +55.1% |
| Taxes, remuneration and social security | 45 | €26,633 | €29,071 | +€2,438 | +9.2% |
| Taxes | 450/3 | €17,124 | €16,847 | -€277 | -1.6% |
| Remuneration and social security | 454/9 | €9,509 | €12,223 | +€2,715 | +28.5% |
| Other amounts payable | 47/48 | €2,831 | €2,831 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €46 | +€46 | |
| Remuneration, social security and pensions | 62 | €72,534 | €69,300 | -€3,234 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,559 | €6,071 | +€4,512 | +289% |
| Other operating charges | 640/8 | €866 | €1,243 | +€376 | +43.4% |
| Gross operating margin | 9900 | €130,752 | €103,273 | -€27,478 | -21.0% |
| Operating profit (loss) | 9901 | €55,792 | €26,659 | -€29,133 | -52.2% |
| Financial income | 75/76B | €38 | €250 | +€212 | +558% |
| Recurring financial income | 75 | €38 | €250 | +€212 | +558% |
| Financial charges | 65/66B | €839 | €982 | +€143 | +17.1% |
| Recurring financial charges | 65 | €839 | €982 | +€143 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €54,991 | €25,927 | -€29,064 | -52.9% |
| Income taxes | 67/77 | €17,118 | €8,398 | -€8,721 | -50.9% |
| Profit (loss) for the period | 9904 | €37,873 | €17,530 | -€20,343 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,873 | €17,530 | -€20,343 | -53.7% |
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 30 October 2026 via checked.be.