CABELECTRON: 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.
CABELECTRON
Largest movements
- Receivables within one year -€115,124
down €115,124 (-43.1%), from €266,839 to €151,715
of which Trade receivables: -€65,321
- Cash +€93,644
up €93,644 (+7.8%), from €1.2m to €1.3m
mainly Net result for the year (+€312,498) and Receivables within one year (+€115,124)
- Current investments -€76,742
no longer reported in 2025 (was €76,742)
- Other debts -€200,138
down €200,138 (-51.2%), from €390,959 to €190,821
- Reserves +€132,498
up €132,498 (+11.1%), from €1.2m to €1.3m
- Trade debts -€51,440
down €51,440 (-52.0%), from €98,957 to €47,517
- Gross operating margin -€139,978
down €139,978 (-16.0%), from €876,647 to €736,669
- Staff costs +€40,501
up €40,501 (+14.3%), from €282,865 to €323,367
- Financial income -€16,642
down €16,642 (-53.3%), from €31,227 to €14,585
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,740,368 | €1,624,910 | -€115,458 | -6.6% |
| Fixed assets | 21/28 | €196,791 | €180,207 | -€16,584 | -8.4% |
| Tangible fixed assets | 22/27 | €196,661 | €180,077 | -€16,584 | -8.4% |
| Land and buildings | 22 | €122,972 | €107,501 | -€15,471 | -12.6% |
| Plant, machinery and equipment | 23 | €41,105 | €53,114 | +€12,009 | +29.2% |
| Furniture and vehicles | 24 | €30,347 | €17,796 | -€12,552 | -41.4% |
| Other tangible fixed assets | 26 | €2,236 | €1,665 | -€571 | -25.5% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €1,543,577 | €1,444,703 | -€98,874 | -6.4% |
| Amounts receivable within one year | 40/41 | €266,839 | €151,715 | -€115,124 | -43.1% |
| Trade receivables | 40 | €207,130 | €141,808 | -€65,321 | -31.5% |
| Other amounts receivable | 41 | €59,709 | €9,907 | -€49,802 | -83.4% |
| Current investments | 50/53 | €76,742 | - | -€76,742 | |
| Cash at bank and in hand | 54/58 | €1,195,144 | €1,288,788 | +€93,644 | +7.8% |
| Deferred charges and accrued income | 490/1 | €4,851 | €4,200 | -€651 | -13.4% |
| Total equity and liabilities | 10/49 | €1,740,368 | €1,624,910 | -€115,458 | -6.6% |
| Equity | 10/15 | €1,211,460 | €1,343,958 | +€132,498 | +10.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,191,460 | €1,323,958 | +€132,498 | +11.1% |
| Distributable reserves | 133 | €1,191,460 | €1,323,958 | +€132,498 | +11.1% |
| Amounts payable | 17/49 | €528,908 | €280,952 | -€247,956 | -46.9% |
| Amounts payable within one year | 42/48 | €528,908 | €280,952 | -€247,956 | -46.9% |
| Trade debts | 44 | €98,957 | €47,517 | -€51,440 | -52.0% |
| Suppliers | 440/4 | €98,957 | €47,517 | -€51,440 | -52.0% |
| Taxes, remuneration and social security | 45 | €38,991 | €42,614 | +€3,623 | +9.3% |
| Taxes | 450/3 | €9,643 | €9,606 | -€37 | -0.4% |
| Remuneration and social security | 454/9 | €29,349 | €33,009 | +€3,660 | +12.5% |
| Other amounts payable | 47/48 | €390,959 | €190,821 | -€200,138 | -51.2% |
| Remuneration, social security and pensions | 62 | €282,865 | €323,367 | +€40,501 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,929 | €47,281 | +€5,352 | +12.8% |
| Other operating charges | 640/8 | €2,880 | €2,966 | +€86 | +3.0% |
| Gross operating margin | 9900 | €876,647 | €736,669 | -€139,978 | -16.0% |
| Operating profit (loss) | 9901 | €548,973 | €363,055 | -€185,918 | -33.9% |
| Financial income | 75/76B | €31,227 | €14,585 | -€16,642 | -53.3% |
| Recurring financial income | 75 | €31,227 | €14,585 | -€16,642 | -53.3% |
| Financial charges | 65/66B | €1,262 | €2,396 | +€1,135 | +89.9% |
| Recurring financial charges | 65 | €1,262 | €2,396 | +€1,135 | +89.9% |
| Profit (loss) for the period before taxes | 9903 | €578,938 | €375,245 | -€203,694 | -35.2% |
| Income taxes | 67/77 | €64,366 | €62,747 | -€1,619 | -2.5% |
| Profit (loss) for the period | 9904 | €514,572 | €312,498 | -€202,075 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €514,572 | €312,498 | -€202,075 | -39.3% |
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 30 September 2026 via checked.be.