CAB Law: 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 Law
Largest movements
- Cash +€76,655
up €76,655 (+82.4%), from €93,061 to €169,717
mainly Net result for the year (+€79,555) and Depreciation (+€541)
- Receivables within one year +€3,841
up €3,841 (+284.8%), from €1,349 to €5,190
- Reserves +€79,555
up €79,555 (+49.6%), from €160,346 to €239,901
- Gross operating margin +€32,512
up €32,512 (+41.8%), from €77,842 to €110,354
- Taxes +€3,873
up €3,873 (+16.0%), from €24,200 to €28,073
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 | €166,418 | €246,441 | +€80,023 | +48.1% |
| Fixed assets | 21/28 | €70,597 | €70,056 | -€541 | -0.8% |
| Tangible fixed assets | 22/27 | €1,599 | €1,058 | -€541 | -33.8% |
| Other tangible fixed assets | 26 | €1,599 | €1,058 | -€541 | -33.8% |
| Financial fixed assets | 28 | €68,997 | €68,997 | = | 0.0% |
| Current assets | 29/58 | €95,821 | €176,385 | +€80,564 | +84.1% |
| Amounts receivable within one year | 40/41 | €1,349 | €5,190 | +€3,841 | +284.8% |
| Other amounts receivable | 41 | €1,349 | €5,190 | +€3,841 | +284.8% |
| Cash at bank and in hand | 54/58 | €93,061 | €169,717 | +€76,655 | +82.4% |
| Deferred charges and accrued income | 490/1 | €1,411 | €1,479 | +€67 | +4.8% |
| Total equity and liabilities | 10/49 | €166,418 | €246,441 | +€80,023 | +48.1% |
| Equity | 10/15 | €165,346 | €244,901 | +€79,555 | +48.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €160,346 | €239,901 | +€79,555 | +49.6% |
| Distributable reserves | 133 | €160,346 | €239,901 | +€79,555 | +49.6% |
| Amounts payable | 17/49 | €1,072 | €1,540 | +€468 | +43.7% |
| Amounts payable within one year | 42/48 | €1,072 | €1,540 | +€468 | +43.7% |
| Trade debts | 44 | €1,016 | €1,540 | +€524 | +51.6% |
| Suppliers | 440/4 | €1,016 | €1,540 | +€524 | +51.6% |
| Taxes, remuneration and social security | 45 | €56 | - | -€56 | |
| Taxes | 450/3 | €56 | - | -€56 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €541 | €541 | = | 0.0% |
| Other operating charges | 640/8 | €1,323 | €967 | -€356 | -26.9% |
| Gross operating margin | 9900 | €77,842 | €110,354 | +€32,512 | +41.8% |
| Operating profit (loss) | 9901 | €75,978 | €108,846 | +€32,868 | +43.3% |
| Financial income | 75/76B | €429 | €666 | +€237 | +55.3% |
| Recurring financial income | 75 | €429 | €666 | +€237 | +55.3% |
| Financial charges | 65/66B | €2,088 | €1,885 | -€203 | -9.7% |
| Recurring financial charges | 65 | €2,088 | €1,885 | -€203 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €74,319 | €107,628 | +€33,308 | +44.8% |
| Income taxes | 67/77 | €24,200 | €28,073 | +€3,873 | +16.0% |
| Profit (loss) for the period | 9904 | €50,119 | €79,555 | +€29,436 | +58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,119 | €79,555 | +€29,436 | +58.7% |
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 8 October 2026 via checked.be.