CABBAGE: 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.
CABBAGE
Largest movements
- Tangible fixed assets -€115,876
down €115,876 (-12.1%), from €953,858 to €837,981
of which Plant, machinery and equipment: -€72,594
- Cash +€40,362
up €40,362 (+67.9%), from €59,445 to €99,808
mainly Debts after one year (+€251,028) and Depreciation (+€153,415)
- Intangible fixed assets -€30,632
down €30,632 (-13.6%), from €225,509 to €194,877
- Stocks and contracts +€16,942
up €16,942 (+91.6%), from €18,505 to €35,447
- Debts after one year +€251,028
up €251,028 (+49.9%), from €502,830 to €753,858
- Other debts -€230,000
down €230,000 (-31.0%), from €740,928 to €510,928
- Profit (loss) carried forward -€139,872
down €139,872 (-80.9%), from -€172,924 to -€312,797
- Trade debts +€56,501
up €56,501 (+78.3%), from €72,188 to €128,690
- Current portion of long-term debt -€47,752
down €47,752 (-64.5%), from €74,004 to €26,251
- Gross operating margin +€276,537
up €276,537 (+59.6%), from €463,646 to €740,183
- Staff costs +€199,709
up €199,709 (+39.9%), from €500,351 to €700,060
- Financial charges +€10,993
up €10,993 (+53.6%), from €20,503 to €31,496
- Financial income +€10,670
up €10,670 (+6586.4%), from €162 to €10,832
- Depreciation +€9,355
up €9,355 (+6.5%), from €144,060 to €153,415
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,270,808 | €1,188,296 | -€82,512 | -6.5% |
| Fixed assets | 21/28 | €1,179,367 | €1,032,858 | -€146,509 | -12.4% |
| Intangible fixed assets | 21 | €225,509 | €194,877 | -€30,632 | -13.6% |
| Tangible fixed assets | 22/27 | €953,858 | €837,981 | -€115,876 | -12.1% |
| Plant, machinery and equipment | 23 | €568,895 | €496,301 | -€72,594 | -12.8% |
| Furniture and vehicles | 24 | €233,592 | €211,914 | -€21,678 | -9.3% |
| Other tangible fixed assets | 26 | €151,371 | €129,766 | -€21,605 | -14.3% |
| Current assets | 29/58 | €91,441 | €155,438 | +€63,997 | +70.0% |
| Stocks and contracts in progress | 3 | €18,505 | €35,447 | +€16,942 | +91.6% |
| Stocks | 30/36 | €18,505 | €35,447 | +€16,942 | +91.6% |
| Amounts receivable within one year | 40/41 | €13,491 | €20,184 | +€6,693 | +49.6% |
| Trade receivables | 40 | €10,322 | €17,014 | +€6,693 | +64.8% |
| Other amounts receivable | 41 | €3,169 | €3,169 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €59,445 | €99,808 | +€40,362 | +67.9% |
| Total equity and liabilities | 10/49 | €1,270,808 | €1,188,296 | -€82,512 | -6.5% |
| Equity | 10/15 | -€169,924 | -€309,797 | -€139,872 | -82.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,924 | -€312,797 | -€139,872 | -80.9% |
| Amounts payable | 17/49 | €1,440,732 | €1,498,093 | +€57,361 | +4.0% |
| Amounts payable after more than one year | 17 | €502,830 | €753,858 | +€251,028 | +49.9% |
| Financial debts | 170/4 | €502,830 | €753,858 | +€251,028 | +49.9% |
| Amounts payable within one year | 42/48 | €937,902 | €744,235 | -€193,668 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €74,004 | €26,251 | -€47,752 | -64.5% |
| Trade debts | 44 | €72,188 | €128,690 | +€56,501 | +78.3% |
| Suppliers | 440/4 | €72,188 | €128,690 | +€56,501 | +78.3% |
| Taxes, remuneration and social security | 45 | €50,783 | €78,366 | +€27,583 | +54.3% |
| Taxes | 450/3 | €8,790 | €10,537 | +€1,747 | +19.9% |
| Remuneration and social security | 454/9 | €41,993 | €67,830 | +€25,836 | +61.5% |
| Other amounts payable | 47/48 | €740,928 | €510,928 | -€230,000 | -31.0% |
| Remuneration, social security and pensions | 62 | €500,351 | €700,060 | +€199,709 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,060 | €153,415 | +€9,355 | +6.5% |
| Other operating charges | 640/8 | €2,191 | €5,917 | +€3,726 | +170.0% |
| Gross operating margin | 9900 | €463,646 | €740,183 | +€276,537 | +59.6% |
| Operating profit (loss) | 9901 | -€182,956 | -€119,208 | +€63,748 | +34.8% |
| Financial income | 75/76B | €162 | €10,832 | +€10,670 | +6586.4% |
| Recurring financial income | 75 | €162 | €10,832 | +€10,670 | +6586.4% |
| Financial charges | 65/66B | €20,503 | €31,496 | +€10,993 | +53.6% |
| Recurring financial charges | 65 | €20,503 | €31,496 | +€10,993 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | -€203,297 | -€139,872 | +€63,425 | +31.2% |
| Profit (loss) for the period | 9904 | -€203,297 | -€139,872 | +€63,425 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€203,297 | -€139,872 | +€63,425 | +31.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.