C.A.E.: 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.
C.A.E.
Largest movements
- Stocks and contracts -€5,807
down €5,807 (-47.0%), from €12,348 to €6,541
- Cash -€1,928
down €1,928 (-10.1%), from €19,161 to €17,233
mainly Other debts (-€20,417)
- Tangible fixed assets -€1,421
down €1,421 (-15.2%), from €9,358 to €7,937
of which Furniture and vehicles: -€1,046
- Receivables within one year -€1,348
down €1,348 (-20.1%), from €6,718 to €5,369
of which Trade receivables: -€884
- Other debts -€20,417
down €20,417 (-51.4%), from €39,716 to €19,299
- Profit (loss) carried forward +€7,421
up €7,421, from -€5,088 to €2,334
- Tax, wage and social debts +€1,328
new in 2025: €1,328
- Trade debts +€1,164
up €1,164 (+57.1%), from €2,038 to €3,202
- Write-downs -€10,423
down €10,423 (-89.9%), from €11,597 to €1,175
- Gross operating margin +€2,672
up €2,672 (+26.4%), from €10,138 to €12,810
- Taxes +€1,028
new in 2025: €1,028
- Depreciation -€349
down €349 (-19.7%), from €1,770 to €1,421
- Financial charges -€143
down €143 (-14.8%), from €967 to €823
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
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 | €47,585 | €37,081 | -€10,504 | -22.1% |
| Fixed assets | 21/28 | €9,358 | €7,937 | -€1,421 | -15.2% |
| Tangible fixed assets | 22/27 | €9,358 | €7,937 | -€1,421 | -15.2% |
| Land and buildings | 22 | €7,518 | €7,010 | -€508 | -6.8% |
| Plant, machinery and equipment | 23 | - | €134 | +€134 | |
| Furniture and vehicles | 24 | €1,840 | €794 | -€1,046 | -56.9% |
| Current assets | 29/58 | €38,227 | €29,144 | -€9,083 | -23.8% |
| Stocks and contracts in progress | 3 | €12,348 | €6,541 | -€5,807 | -47.0% |
| Stocks | 30/36 | €12,348 | €6,541 | -€5,807 | -47.0% |
| Amounts receivable within one year | 40/41 | €6,718 | €5,369 | -€1,348 | -20.1% |
| Trade receivables | 40 | €884 | - | -€884 | |
| Other amounts receivable | 41 | €5,834 | €5,369 | -€465 | -8.0% |
| Cash at bank and in hand | 54/58 | €19,161 | €17,233 | -€1,928 | -10.1% |
| Total equity and liabilities | 10/49 | €47,585 | €37,081 | -€10,504 | -22.1% |
| Equity | 10/15 | €5,831 | €13,252 | +€7,421 | +127.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,918 | €7,918 | = | 0.0% |
| Distributable reserves | 133 | €7,918 | €7,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,088 | €2,334 | +€7,421 | |
| Amounts payable | 17/49 | €41,754 | €23,829 | -€17,925 | -42.9% |
| Amounts payable within one year | 42/48 | €41,754 | €23,829 | -€17,925 | -42.9% |
| Trade debts | 44 | €2,038 | €3,202 | +€1,164 | +57.1% |
| Suppliers | 440/4 | €2,038 | €3,202 | +€1,164 | +57.1% |
| Taxes, remuneration and social security | 45 | - | €1,328 | +€1,328 | |
| Taxes | 450/3 | - | €1,328 | +€1,328 | |
| Other amounts payable | 47/48 | €39,716 | €19,299 | -€20,417 | -51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,770 | €1,421 | -€349 | -19.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,597 | €1,175 | -€10,423 | -89.9% |
| Other operating charges | 640/8 | €922 | €946 | +€24 | +2.6% |
| Gross operating margin | 9900 | €10,138 | €12,810 | +€2,672 | +26.4% |
| Operating profit (loss) | 9901 | -€4,151 | €9,269 | +€13,420 | |
| Financial income | 75/76B | €30 | €3 | -€27 | -90.0% |
| Recurring financial income | 75 | €30 | €3 | -€27 | -90.0% |
| Financial charges | 65/66B | €967 | €823 | -€143 | -14.8% |
| Recurring financial charges | 65 | €967 | €823 | -€143 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,088 | €8,449 | +€13,537 | |
| Income taxes | 67/77 | - | €1,028 | +€1,028 | |
| Profit (loss) for the period | 9904 | -€5,088 | €7,421 | +€12,509 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,088 | €7,421 | +€12,509 |
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 9 October 2026 via checked.be.