CAB WINGS: 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.
CAB WINGS
Largest movements
- Cash -€13,007
down €13,007 (-56.2%), from €23,160 to €10,153
mainly Net result for the year (-€14,376) and Receivables within one year (-€2,203)
- Tangible fixed assets -€4,949
down €4,949 (-94.1%), from €5,259 to €311
- Receivables within one year +€2,203
up €2,203 (+144%), from €1,529 to €3,732
- Deferred charges and accrued income -€443
no longer reported in 2025 (was €443)
- Profit (loss) carried forward -€14,376
down €14,376, from €3,732 to -€10,644
- Other debts -€1,543
down €1,543 (-54.8%), from €2,814 to €1,271
- Trade debts -€327
down €327 (-61.1%), from €535 to €208
- Gross operating margin -€17,498
down €17,498, from €5,136 to -€12,362
- Depreciation -€1,324
down €1,324 (-80.7%), from €1,640 to €316
- Other operating charges -€1,057
down €1,057 (-88.4%), from €1,195 to €138
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 | €30,391 | €14,195 | -€16,196 | -53.3% |
| Fixed assets | 21/28 | €5,259 | €311 | -€4,949 | -94.1% |
| Tangible fixed assets | 22/27 | €5,259 | €311 | -€4,949 | -94.1% |
| Furniture and vehicles | 24 | €5,259 | €311 | -€4,949 | -94.1% |
| Current assets | 29/58 | €25,131 | €13,884 | -€11,247 | -44.8% |
| Amounts receivable within one year | 40/41 | €1,529 | €3,732 | +€2,203 | +144% |
| Other amounts receivable | 41 | €1,529 | €3,732 | +€2,203 | +144% |
| Cash at bank and in hand | 54/58 | €23,160 | €10,153 | -€13,007 | -56.2% |
| Deferred charges and accrued income | 490/1 | €443 | - | -€443 | |
| Total equity and liabilities | 10/49 | €30,391 | €14,195 | -€16,196 | -53.3% |
| Equity | 10/15 | €27,042 | €12,666 | -€14,376 | -53.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,710 | €4,710 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,850 | €2,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,732 | -€10,644 | -€14,376 | |
| Amounts payable | 17/49 | €3,349 | €1,529 | -€1,820 | -54.4% |
| Amounts payable within one year | 42/48 | €3,349 | €1,529 | -€1,820 | -54.4% |
| Trade debts | 44 | €535 | €208 | -€327 | -61.1% |
| Suppliers | 440/4 | €535 | €208 | -€327 | -61.1% |
| Taxes, remuneration and social security | 45 | - | €50 | +€50 | |
| Taxes | 450/3 | - | €50 | +€50 | |
| Other amounts payable | 47/48 | €2,814 | €1,271 | -€1,543 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,640 | €316 | -€1,324 | -80.7% |
| Other operating charges | 640/8 | €1,195 | €138 | -€1,057 | -88.4% |
| Non-recurring operating charges | 66A | - | €1,409 | +€1,409 | |
| Gross operating margin | 9900 | €5,136 | -€12,362 | -€17,498 | |
| Operating profit (loss) | 9901 | €2,301 | -€14,226 | -€16,527 | |
| Financial charges | 65/66B | €170 | €150 | -€20 | -11.6% |
| Recurring financial charges | 65 | €170 | €150 | -€20 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €2,132 | -€14,376 | -€16,508 | |
| Profit (loss) for the period | 9904 | €2,132 | -€14,376 | -€16,508 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,132 | -€14,376 | -€16,508 |
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 14 October 2026 via checked.be.