CA INVESTMENT: 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.
CA INVESTMENT
Largest movements
- Receivables within one year +€88,229
up €88,229 (+216%), from €40,873 to €129,102
of which Other amounts receivable: +€72,182
- Cash +€33,291
up €33,291 (+47.5%), from €70,037 to €103,328
mainly Net result for the year (+€79,330) and Short-term financial debts (+€24,921)
- Profit (loss) carried forward +€79,330
up €79,330 (+86.4%), from €91,870 to €171,200
- Short-term financial debts +€24,921
new in 2025: €24,921
- Tax, wage and social debts +€18,726
up €18,726 (+115%), from €16,240 to €34,966
- Gross operating margin +€20,643
up €20,643 (+27.2%), from €75,783 to €96,426
- Taxes +€4,578
up €4,578 (+30.0%), from €15,263 to €19,841
- Financial income +€2,887
up €2,887 (+1,519%), from €190 to €3,077
- Other operating charges -€1,000
no longer reported in 2025 (was €1,000)
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 | €110,910 | €234,066 | +€123,156 | +111% |
| Fixed assets | 21/28 | - | €1,328 | +€1,328 | |
| Tangible fixed assets | 22/27 | - | €1,328 | +€1,328 | |
| Furniture and vehicles | 24 | - | €1,328 | +€1,328 | |
| Current assets | 29/58 | €110,910 | €232,738 | +€121,828 | +110% |
| Amounts receivable within one year | 40/41 | €40,873 | €129,102 | +€88,229 | +216% |
| Trade receivables | 40 | €31,906 | €47,953 | +€16,047 | +50.3% |
| Other amounts receivable | 41 | €8,967 | €81,149 | +€72,182 | +805% |
| Cash at bank and in hand | 54/58 | €70,037 | €103,328 | +€33,291 | +47.5% |
| Deferred charges and accrued income | 490/1 | - | €308 | +€308 | |
| Total equity and liabilities | 10/49 | €110,910 | €234,066 | +€123,156 | +111% |
| Equity | 10/15 | €93,870 | €173,200 | +€79,330 | +84.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,870 | €171,200 | +€79,330 | +86.4% |
| Amounts payable | 17/49 | €17,040 | €60,866 | +€43,826 | +257% |
| Amounts payable within one year | 42/48 | €17,040 | €60,866 | +€43,826 | +257% |
| Current portion of amounts payable after more than one year | 42 | - | €979 | +€979 | |
| Financial debts | 43 | - | €24,921 | +€24,921 | |
| Credit institutions | 430/8 | - | €24,921 | +€24,921 | |
| Taxes, remuneration and social security | 45 | €16,240 | €34,966 | +€18,726 | +115% |
| Taxes | 450/3 | €16,240 | €34,966 | +€18,726 | +115% |
| Other amounts payable | 47/48 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €42 | +€42 | |
| Other operating charges | 640/8 | €1,000 | - | -€1,000 | |
| Gross operating margin | 9900 | €75,783 | €96,426 | +€20,643 | +27.2% |
| Operating profit (loss) | 9901 | €74,783 | €96,384 | +€21,601 | +28.9% |
| Financial income | 75/76B | €190 | €3,077 | +€2,887 | +1,519% |
| Recurring financial income | 75 | €190 | €3,077 | +€2,887 | +1,519% |
| Financial charges | 65/66B | €141 | €290 | +€149 | +106% |
| Recurring financial charges | 65 | €141 | €290 | +€149 | +106% |
| Profit (loss) for the period before taxes | 9903 | €74,832 | €99,171 | +€24,339 | +32.5% |
| Income taxes | 67/77 | €15,263 | €19,841 | +€4,578 | +30.0% |
| Profit (loss) for the period | 9904 | €59,569 | €79,330 | +€19,761 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,569 | €79,330 | +€19,761 | +33.2% |
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 13 October 2026 via checked.be.