CABLE@WORK: 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.
CABLE@WORK
Largest movements
- Tangible fixed assets -€257,259
down €257,259 (-1.7%), from €15.0m to €14.8m
of which Land and buildings: -€305,704
- Profit (loss) carried forward -€414,158
down €414,158 (-4.9%), from -€8.5m to -€8.9m
- Other debts +€173,475
up €173,475 (+1.5%), from €11.5m to €11.7m
- Gross operating margin -€120,492
down €120,492 (-25.6%), from €470,414 to €349,923
- Other operating charges +€15,298
up €15,298 (+18.9%), from €80,836 to €96,134
- Write-downs +€7,154
new in 2025: €7,154
- Financial charges +€6,516
up €6,516 (+1.9%), from €348,574 to €355,090
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 | €15,104,873 | €14,889,745 | -€215,128 | -1.4% |
| Fixed assets | 21/28 | €15,022,334 | €14,765,075 | -€257,259 | -1.7% |
| Tangible fixed assets | 22/27 | €15,022,334 | €14,765,075 | -€257,259 | -1.7% |
| Land and buildings | 22 | €12,985,774 | €12,680,071 | -€305,704 | -2.4% |
| Assets under construction and advance payments | 27 | €2,036,560 | €2,085,004 | +€48,445 | +2.4% |
| Current assets | 29/58 | €82,539 | €124,670 | +€42,131 | +51.0% |
| Amounts receivable within one year | 40/41 | €17,900 | €17,719 | -€182 | -1.0% |
| Trade receivables | 40 | €17,900 | €17,719 | -€182 | -1.0% |
| Cash at bank and in hand | 54/58 | €64,638 | €106,952 | +€42,313 | +65.5% |
| Total equity and liabilities | 10/49 | €15,104,873 | €14,889,745 | -€215,128 | -1.4% |
| Equity | 10/15 | €3,532,108 | €3,117,950 | -€414,158 | -11.7% |
| Contributions | 10/11 | €12,020,000 | €12,020,000 | = | 0.0% |
| Capital | 10 | €12,020,000 | €12,020,000 | = | 0.0% |
| Issued capital | 100 | €12,020,000 | €12,020,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,487,892 | -€8,902,050 | -€414,158 | -4.9% |
| Amounts payable | 17/49 | €11,572,765 | €11,771,795 | +€199,031 | +1.7% |
| Amounts payable within one year | 42/48 | €11,572,765 | €11,771,795 | +€199,031 | +1.7% |
| Trade debts | 44 | €55,634 | €68,251 | +€12,618 | +22.7% |
| Suppliers | 440/4 | €55,634 | €68,251 | +€12,618 | +22.7% |
| Advances received on contracts in progress | 46 | - | €9,157 | +€9,157 | |
| Taxes, remuneration and social security | 45 | €22,265 | €26,046 | +€3,781 | +17.0% |
| Taxes | 450/3 | €22,265 | €26,046 | +€3,781 | +17.0% |
| Other amounts payable | 47/48 | €11,494,866 | €11,668,341 | +€173,475 | +1.5% |
| Non-recurring operating income | 76A | €230,000 | €105,000 | -€125,000 | -54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301,648 | €305,704 | +€4,055 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,154 | +€7,154 | |
| Other operating charges | 640/8 | €80,836 | €96,134 | +€15,298 | +18.9% |
| Gross operating margin | 9900 | €470,414 | €349,923 | -€120,492 | -25.6% |
| Operating profit (loss) | 9901 | €87,931 | -€59,068 | -€146,999 | |
| Financial charges | 65/66B | €348,574 | €355,090 | +€6,516 | +1.9% |
| Recurring financial charges | 65 | €348,574 | €355,090 | +€6,516 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€260,643 | -€414,158 | -€153,515 | -58.9% |
| Profit (loss) for the period | 9904 | -€260,643 | -€414,158 | -€153,515 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€260,643 | -€414,158 | -€153,515 | -58.9% |
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 28 September 2026 via checked.be.