Cabex: 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.
Cabex
Largest movements
- Cash -€71,201
down €71,201 (-90.7%), from €78,485 to €7,284
mainly Current investments (-€70,000) and Deferred charges and accrued income (-€1,112)
- Current investments +€70,000
new in 2025: €70,000
- Deferred charges and accrued income +€1,112
new in 2025: €1,112
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,893
up €1,893 (+61.8%), from -€3,064 to -€1,171
- Financial income +€1,112
new in 2025: €1,112
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 | €81,422 | €81,667 | +€245 | +0.3% |
| Fixed assets | 21/28 | €2,938 | €2,938 | = | 0.0% |
| Financial fixed assets | 28 | €2,938 | €2,938 | = | 0.0% |
| Current assets | 29/58 | €78,485 | €78,730 | +€245 | +0.3% |
| Amounts receivable within one year | 40/41 | - | €334 | +€334 | |
| Other amounts receivable | 41 | - | €334 | +€334 | |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €78,485 | €7,284 | -€71,201 | -90.7% |
| Deferred charges and accrued income | 490/1 | - | €1,112 | +€1,112 | |
| Total equity and liabilities | 10/49 | €81,422 | €81,667 | +€245 | +0.3% |
| Equity | 10/15 | €81,422 | €80,725 | -€698 | -0.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €19,422 | €18,725 | -€698 | -3.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €13,222 | €12,525 | -€698 | -5.3% |
| Amounts payable | 17/49 | €0 | €942 | +€942 | |
| Amounts payable within one year | 42/48 | €0 | €400 | +€400 | |
| Trade debts | 44 | €0 | €400 | +€400 | |
| Suppliers | 440/4 | €0 | €400 | +€400 | |
| Accrued charges and deferred income | 492/3 | - | €543 | +€543 | |
| Other operating charges | 640/8 | €633 | €609 | -€25 | -3.9% |
| Gross operating margin | 9900 | -€3,064 | -€1,171 | +€1,893 | +61.8% |
| Operating profit (loss) | 9901 | -€3,698 | -€1,780 | +€1,918 | +51.9% |
| Financial income | 75/76B | - | €1,112 | +€1,112 | |
| Recurring financial income | 75 | - | €1,112 | +€1,112 | |
| Financial charges | 65/66B | €53 | €30 | -€23 | -42.9% |
| Recurring financial charges | 65 | €53 | €30 | -€23 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,750 | -€698 | +€3,052 | +81.4% |
| Profit (loss) for the period | 9904 | -€3,750 | -€698 | +€3,052 | +81.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,750 | -€698 | +€3,052 | +81.4% |
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 29 September 2026 via checked.be.