CABER: 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.
CABER
Largest movements
- Cash +€61,977
up €61,977 (+160.4%), from €38,629 to €100,607
mainly Depreciation (+€66,857) and Current investments (+€27,164)
- Tangible fixed assets -€61,805
down €61,805 (-4.2%), from €1.5m to €1.4m
of which Land and buildings: -€61,805
- Current investments -€27,164
no longer reported in 2025 (was €27,164)
- Profit (loss) carried forward -€27,866
down €27,866 (-3.6%), from -€779,021 to -€806,886
- Gross operating margin +€12,616
up €12,616 (+58.5%), from €21,552 to €34,168
- Financial income +€4,259
up €4,259 (+40.0%), from €10,653 to €14,912
- Financial charges -€2,603
down €2,603 (-37.2%), from €7,001 to €4,397
- Other operating charges +€1,250
up €1,250 (+28.1%), from €4,441 to €5,691
- Depreciation +€1,108
up €1,108 (+1.7%), from €65,749 to €66,857
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 | €1,539,842 | €1,512,850 | -€26,993 | -1.8% |
| Fixed assets | 21/28 | €1,474,048 | €1,412,243 | -€61,805 | -4.2% |
| Tangible fixed assets | 22/27 | €1,474,048 | €1,412,243 | -€61,805 | -4.2% |
| Land and buildings | 22 | €1,468,048 | €1,406,243 | -€61,805 | -4.2% |
| Plant, machinery and equipment | 23 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €65,794 | €100,607 | +€34,813 | +52.9% |
| Current investments | 50/53 | €27,164 | - | -€27,164 | |
| Cash at bank and in hand | 54/58 | €38,629 | €100,607 | +€61,977 | +160.4% |
| Total equity and liabilities | 10/49 | €1,539,842 | €1,512,850 | -€26,993 | -1.8% |
| Equity | 10/15 | €1,343,342 | €1,315,476 | -€27,866 | -2.1% |
| Contributions | 10/11 | €1,970,754 | €1,970,754 | = | 0.0% |
| Capital | 10 | €1,970,754 | €1,970,754 | = | 0.0% |
| Issued capital | 100 | €1,970,754 | €1,970,754 | = | 0.0% |
| Reserves | 13 | €151,609 | €151,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €151,609 | €151,609 | = | 0.0% |
| Reserves not available under the articles | 1311 | €151,609 | €151,609 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€779,021 | -€806,886 | -€27,866 | -3.6% |
| Amounts payable | 17/49 | €196,500 | €197,374 | +€873 | +0.4% |
| Amounts payable within one year | 42/48 | €196,500 | €197,374 | +€873 | +0.4% |
| Other amounts payable | 47/48 | €196,500 | €197,374 | +€873 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,749 | €66,857 | +€1,108 | +1.7% |
| Other operating charges | 640/8 | €4,441 | €5,691 | +€1,250 | +28.1% |
| Gross operating margin | 9900 | €21,552 | €34,168 | +€12,616 | +58.5% |
| Operating profit (loss) | 9901 | -€48,638 | -€38,380 | +€10,258 | +21.1% |
| Financial income | 75/76B | €10,653 | €14,912 | +€4,259 | +40.0% |
| Recurring financial income | 75 | €10,653 | €14,912 | +€4,259 | +40.0% |
| Financial charges | 65/66B | €7,001 | €4,397 | -€2,603 | -37.2% |
| Recurring financial charges | 65 | €7,001 | €4,397 | -€2,603 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,986 | -€27,866 | +€17,120 | +38.1% |
| Profit (loss) for the period | 9904 | -€44,986 | -€27,866 | +€17,120 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,986 | -€27,866 | +€17,120 | +38.1% |
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 5 October 2026 via checked.be.