CABIDEX: 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.
CABIDEX
Largest movements
- Cash +€64,409
up €64,409 (+561.7%), from €11,467 to €75,875
mainly Net result for the year (+€163,927) and Depreciation (+€35,643)
- Tangible fixed assets -€35,643
down €35,643 (-15.1%), from €236,302 to €200,659
of which Plant, machinery and equipment: -€35,313
- Current investments +€30,000
up €30,000 (+6.7%), from €450,000 to €480,000
- Deferred charges and accrued income +€19,427
up €19,427 (+106.3%), from €18,277 to €37,704
- Profit (loss) carried forward +€163,927
up €163,927 (+32.8%), from €499,103 to €663,030
- Debts after one year -€50,084
down €50,084 (-33.2%), from €151,065 to €100,980
- Trade debts -€38,597
down €38,597 (-62.8%), from €61,488 to €22,891
- Gross operating margin +€221,118
up €221,118 (+74.3%), from €297,785 to €518,903
- Other operating charges +€75,758
up €75,758 (+748.0%), from €10,128 to €85,886
- Taxes +€37,751
up €37,751 (+221.0%), from €17,082 to €54,833
- Financial income +€7,769
new in 2025: €7,769
- Staff costs +€6,251
up €6,251 (+3.6%), from €173,630 to €179,880
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 | €967,449 | €1,040,291 | +€72,842 | +7.5% |
| Fixed assets | 21/28 | €236,302 | €200,659 | -€35,643 | -15.1% |
| Tangible fixed assets | 22/27 | €236,302 | €200,659 | -€35,643 | -15.1% |
| Plant, machinery and equipment | 23 | €235,341 | €200,028 | -€35,313 | -15.0% |
| Furniture and vehicles | 24 | €960 | €631 | -€329 | -34.3% |
| Current assets | 29/58 | €731,147 | €839,632 | +€108,485 | +14.8% |
| Amounts receivable within one year | 40/41 | €251,404 | €246,052 | -€5,351 | -2.1% |
| Trade receivables | 40 | €244,913 | €213,618 | -€31,295 | -12.8% |
| Other amounts receivable | 41 | €6,491 | €32,435 | +€25,944 | +399.7% |
| Current investments | 50/53 | €450,000 | €480,000 | +€30,000 | +6.7% |
| Cash at bank and in hand | 54/58 | €11,467 | €75,875 | +€64,409 | +561.7% |
| Deferred charges and accrued income | 490/1 | €18,277 | €37,704 | +€19,427 | +106.3% |
| Total equity and liabilities | 10/49 | €967,449 | €1,040,291 | +€72,842 | +7.5% |
| Equity | 10/15 | €658,948 | €822,875 | +€163,927 | +24.9% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €141,095 | €141,095 | = | 0.0% |
| Distributable reserves | 133 | €141,095 | €141,095 | = | 0.0% |
| Profit (loss) carried forward | 14 | €499,103 | €663,030 | +€163,927 | +32.8% |
| Amounts payable | 17/49 | €308,501 | €217,416 | -€91,085 | -29.5% |
| Amounts payable after more than one year | 17 | €151,065 | €100,980 | -€50,084 | -33.2% |
| Financial debts | 170/4 | €151,065 | €100,980 | -€50,084 | -33.2% |
| Amounts payable within one year | 42/48 | €157,356 | €116,421 | -€40,935 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €48,380 | €50,084 | +€1,704 | +3.5% |
| Trade debts | 44 | €61,488 | €22,891 | -€38,597 | -62.8% |
| Suppliers | 440/4 | €61,488 | €22,891 | -€38,597 | -62.8% |
| Taxes, remuneration and social security | 45 | €47,488 | €43,446 | -€4,042 | -8.5% |
| Taxes | 450/3 | €21,789 | €22,421 | +€633 | +2.9% |
| Remuneration and social security | 454/9 | €25,699 | €21,024 | -€4,675 | -18.2% |
| Accrued charges and deferred income | 492/3 | €80 | €14 | -€66 | -82.1% |
| Remuneration, social security and pensions | 62 | €173,630 | €179,880 | +€6,251 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,645 | €35,643 | -€2,003 | -5.3% |
| Other operating charges | 640/8 | €10,128 | €85,886 | +€75,758 | +748.0% |
| Gross operating margin | 9900 | €297,785 | €518,903 | +€221,118 | +74.3% |
| Operating profit (loss) | 9901 | €76,382 | €217,494 | +€141,112 | +184.7% |
| Financial income | 75/76B | - | €7,769 | +€7,769 | |
| Recurring financial income | 75 | - | €7,769 | +€7,769 | |
| Financial charges | 65/66B | €8,126 | €6,502 | -€1,624 | -20.0% |
| Recurring financial charges | 65 | €8,126 | €6,502 | -€1,624 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €68,256 | €218,760 | +€150,504 | +220.5% |
| Income taxes | 67/77 | €17,082 | €54,833 | +€37,751 | +221.0% |
| Profit (loss) for the period | 9904 | €51,174 | €163,927 | +€112,753 | +220.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,174 | €163,927 | +€112,753 | +220.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.