Cabel: 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.
Cabel
Largest movements
- Cash +€5,052
up €5,052 (+46.5%), from €10,865 to €15,917
mainly Net result for the year (+€7,913) and Trade debts (+€1,065)
- Tangible fixed assets +€2,087
new in 2025: €2,087
- Receivables within one year +€1,125
up €1,125 (+394.5%), from €285 to €1,410
of which Other amounts receivable: +€1,318
- Reserves +€7,913
up €7,913 (+718.5%), from €1,101 to €9,015
- Trade debts +€1,065
new in 2025: €1,065
- Accrued charges and deferred income -€898
down €898 (-17.6%), from €5,089 to €4,191
- Gross operating margin +€10,061
up €10,061 (+614.8%), from €1,637 to €11,698
- Taxes +€2,994
up €2,994 (+584.9%), from €512 to €3,506
- Depreciation +€145
new in 2025: €145
- Other operating charges +€120
new in 2025: €120
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 | €51,793 | €59,898 | +€8,105 | +15.6% |
| Fixed assets | 21/28 | €37,500 | €39,587 | +€2,087 | +5.6% |
| Tangible fixed assets | 22/27 | - | €2,087 | +€2,087 | |
| Furniture and vehicles | 24 | - | €2,087 | +€2,087 | |
| Financial fixed assets | 28 | €37,500 | €37,500 | = | 0.0% |
| Current assets | 29/58 | €14,293 | €20,311 | +€6,019 | +42.1% |
| Amounts receivable within one year | 40/41 | €285 | €1,410 | +€1,125 | +394.5% |
| Trade receivables | 40 | €193 | - | -€193 | |
| Other amounts receivable | 41 | €92 | €1,410 | +€1,318 | +1427.6% |
| Cash at bank and in hand | 54/58 | €10,865 | €15,917 | +€5,052 | +46.5% |
| Deferred charges and accrued income | 490/1 | €3,143 | €2,984 | -€159 | -5.1% |
| Total equity and liabilities | 10/49 | €51,793 | €59,898 | +€8,105 | +15.6% |
| Equity | 10/15 | €46,101 | €54,015 | +€7,913 | +17.2% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €1,101 | €9,015 | +€7,913 | +718.5% |
| Distributable reserves | 133 | €1,101 | €9,015 | +€7,913 | +718.5% |
| Amounts payable | 17/49 | €5,691 | €5,883 | +€192 | +3.4% |
| Amounts payable within one year | 42/48 | €603 | €1,692 | +€1,090 | +180.8% |
| Trade debts | 44 | - | €1,065 | +€1,065 | |
| Suppliers | 440/4 | - | €1,065 | +€1,065 | |
| Taxes, remuneration and social security | 45 | €603 | €506 | -€96 | -16.0% |
| Taxes | 450/3 | €603 | €506 | -€96 | -16.0% |
| Other amounts payable | 47/48 | - | €121 | +€121 | |
| Accrued charges and deferred income | 492/3 | €5,089 | €4,191 | -€898 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €145 | +€145 | |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €1,637 | €11,698 | +€10,061 | +614.8% |
| Operating profit (loss) | 9901 | €1,637 | €11,433 | +€9,796 | +598.6% |
| Financial charges | 65/66B | €23 | €13 | -€10 | -42.1% |
| Recurring financial charges | 65 | €23 | €13 | -€10 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €1,613 | €11,420 | +€9,806 | +607.8% |
| Income taxes | 67/77 | €512 | €3,506 | +€2,994 | +584.9% |
| Profit (loss) for the period | 9904 | €1,101 | €7,913 | +€6,812 | +618.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,101 | €7,913 | +€6,812 | +618.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.