CAB GROUP: what changed
Two fiscal 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.
CAB GROUP
Largest movements
- Stocks and contracts -€175,182
down €175,182 (-82.4%), from €212,615 to €37,433
- Receivables within one year +€45,566
up €45,566 (+146.9%), from €31,017 to €76,583
- Tangible fixed assets -€5,507
down €5,507 (-20.2%), from €27,286 to €21,779
of which Furniture and vehicles: -€12,694
- Profit (loss) carried forward -€93,062
down €93,062 (-36.1%), from -€257,734 to -€350,796
- Other debts -€40,000
no longer reported in 2025 (was €40,000)
- Current portion of long-term debt -€5,794
no longer reported in 2025 (was €5,794)
- Gross operating margin -€86,100
down €86,100 (-62.6%), from €137,530 to €51,430
- Other operating charges -€24,654
down €24,654 (-95.4%), from €25,841 to €1,188
- Staff costs +€14,749
up €14,749 (+13.1%), from €112,517 to €127,266
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 | €273,382 | €137,542 | -€135,840 | -49.7% |
| Fixed assets | 21/28 | €27,286 | €21,779 | -€5,507 | -20.2% |
| Tangible fixed assets | 22/27 | €27,286 | €21,779 | -€5,507 | -20.2% |
| Plant, machinery and equipment | 23 | €1,330 | €8,517 | +€7,187 | +540.4% |
| Furniture and vehicles | 24 | €25,956 | €13,262 | -€12,694 | -48.9% |
| Current assets | 29/58 | €246,096 | €115,763 | -€130,333 | -53.0% |
| Stocks and contracts in progress | 3 | €212,615 | €37,433 | -€175,182 | -82.4% |
| Stocks | 30/36 | €212,615 | €37,433 | -€175,182 | -82.4% |
| Amounts receivable within one year | 40/41 | €31,017 | €76,583 | +€45,566 | +146.9% |
| Trade receivables | 40 | €31,017 | €76,583 | +€45,566 | +146.9% |
| Cash at bank and in hand | 54/58 | €2,389 | €1,672 | -€717 | -30.0% |
| Deferred charges and accrued income | 490/1 | €74 | €74 | = | 0.0% |
| Total equity and liabilities | 10/49 | €273,382 | €137,542 | -€135,840 | -49.7% |
| Equity | 10/15 | €210,751 | €117,689 | -€93,062 | -44.2% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €18,485 | €18,485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,485 | €18,485 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,485 | €18,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,734 | -€350,796 | -€93,062 | -36.1% |
| Amounts payable | 17/49 | €62,631 | €19,853 | -€42,778 | -68.3% |
| Amounts payable within one year | 42/48 | €62,592 | €19,633 | -€42,959 | -68.6% |
| Current portion of amounts payable after more than one year | 42 | €5,794 | - | -€5,794 | |
| Trade debts | 44 | €3,888 | €5,726 | +€1,838 | +47.3% |
| Suppliers | 440/4 | €3,888 | €5,726 | +€1,838 | +47.3% |
| Taxes, remuneration and social security | 45 | €12,910 | €13,907 | +€997 | +7.7% |
| Taxes | 450/3 | €9,116 | €9,416 | +€299 | +3.3% |
| Remuneration and social security | 454/9 | €3,794 | €4,491 | +€698 | +18.4% |
| Other amounts payable | 47/48 | €40,000 | - | -€40,000 | |
| Accrued charges and deferred income | 492/3 | €39 | €220 | +€181 | +465.6% |
| Remuneration, social security and pensions | 62 | €112,517 | €127,266 | +€14,749 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,538 | €15,507 | +€969 | +6.7% |
| Other operating charges | 640/8 | €25,841 | €1,188 | -€24,654 | -95.4% |
| Gross operating margin | 9900 | €137,530 | €51,430 | -€86,100 | -62.6% |
| Operating profit (loss) | 9901 | -€15,366 | -€92,530 | -€77,164 | -502.2% |
| Financial income | 75/76B | €41 | - | -€41 | |
| Recurring financial income | 75 | €41 | - | -€41 | |
| Financial charges | 65/66B | €1,042 | €532 | -€510 | -48.9% |
| Recurring financial charges | 65 | €1,042 | €532 | -€510 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,367 | -€93,062 | -€76,695 | -468.6% |
| Profit (loss) for the period | 9904 | -€16,367 | -€93,062 | -€76,695 | -468.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,367 | -€93,062 | -€76,695 | -468.6% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.