CableTec: 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.
CableTec
Largest movements
- Stocks and contracts -€132,217
down €132,217 (-9.3%), from €1.4m to €1.3m
- Receivables within one year -€89,771
down €89,771 (-11.5%), from €781,142 to €691,371
of which Trade receivables: -€76,314
- Cash +€63,163
up €63,163 (+179.4%), from €35,203 to €98,366
mainly Net result for the year (+€289,037) and Trade debts (+€137,938)
- Short-term financial debts -€359,858
down €359,858 (-36.9%), from €975,000 to €615,142
- Trade debts +€137,938
up €137,938 (+93.4%), from €147,631 to €285,569
- Profit (loss) carried forward +€99,037
up €99,037 (+23.7%), from €418,441 to €517,478
- Debts after one year -€39,423
down €39,423 (-27.0%), from €146,250 to €106,827
- Staff costs -€132,819
down €132,819 (-21.3%), from €624,398 to €491,579
- Other operating charges -€124,013
down €124,013 (-70.3%), from €176,496 to €52,484
- Taxes +€55,696
up €55,696 (+147.2%), from €37,826 to €93,522
- Financial income +€34,135
up €34,135 (+222.8%), from €15,319 to €49,454
- Write-downs +€30,271
new in 2025: €30,271
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 | €2,351,371 | €2,190,654 | -€160,717 | -6.8% |
| Fixed assets | 21/28 | €103,374 | €102,922 | -€452 | -0.4% |
| Tangible fixed assets | 22/27 | €103,374 | €86,272 | -€17,102 | -16.5% |
| Plant, machinery and equipment | 23 | €79,260 | €71,561 | -€7,699 | -9.7% |
| Furniture and vehicles | 24 | €24,114 | €14,711 | -€9,402 | -39.0% |
| Financial fixed assets | 28 | - | €16,650 | +€16,650 | |
| Current assets | 29/58 | €2,247,998 | €2,087,732 | -€160,265 | -7.1% |
| Stocks and contracts in progress | 3 | €1,426,212 | €1,293,996 | -€132,217 | -9.3% |
| Stocks | 30/36 | €1,426,212 | €1,293,996 | -€132,217 | -9.3% |
| Amounts receivable within one year | 40/41 | €781,142 | €691,371 | -€89,771 | -11.5% |
| Trade receivables | 40 | €752,654 | €676,340 | -€76,314 | -10.1% |
| Other amounts receivable | 41 | €28,488 | €15,031 | -€13,457 | -47.2% |
| Cash at bank and in hand | 54/58 | €35,203 | €98,366 | +€63,163 | +179.4% |
| Deferred charges and accrued income | 490/1 | €5,440 | €3,999 | -€1,441 | -26.5% |
| Total equity and liabilities | 10/49 | €2,351,371 | €2,190,654 | -€160,717 | -6.8% |
| Equity | 10/15 | €569,872 | €668,910 | +€99,037 | +17.4% |
| Contributions | 10/11 | €137,665 | €137,665 | = | 0.0% |
| Reserves | 13 | €13,767 | €13,767 | = | 0.0% |
| Distributable reserves | 133 | €13,767 | €13,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | €418,441 | €517,478 | +€99,037 | +23.7% |
| Amounts payable | 17/49 | €1,781,499 | €1,521,745 | -€259,754 | -14.6% |
| Amounts payable after more than one year | 17 | €146,250 | €106,827 | -€39,423 | -27.0% |
| Financial debts | 170/4 | €146,250 | €106,827 | -€39,423 | -27.0% |
| Amounts payable within one year | 42/48 | €1,635,249 | €1,414,917 | -€220,332 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | - | €13,459 | +€13,459 | |
| Financial debts | 43 | €975,000 | €615,142 | -€359,858 | -36.9% |
| Credit institutions | 430/8 | €975,000 | €615,142 | -€359,858 | -36.9% |
| Trade debts | 44 | €147,631 | €285,569 | +€137,938 | +93.4% |
| Suppliers | 440/4 | €147,631 | €285,569 | +€137,938 | +93.4% |
| Advances received on contracts in progress | 46 | €21,433 | - | -€21,433 | |
| Taxes, remuneration and social security | 45 | €56,175 | €46,905 | -€9,270 | -16.5% |
| Taxes | 450/3 | €3,489 | €791 | -€2,698 | -77.3% |
| Remuneration and social security | 454/9 | €52,686 | €46,114 | -€6,572 | -12.5% |
| Other amounts payable | 47/48 | €435,009 | €453,843 | +€18,833 | +4.3% |
| Remuneration, social security and pensions | 62 | €624,398 | €491,579 | -€132,819 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,956 | €44,412 | -€4,545 | -9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €30,271 | +€30,271 | |
| Other operating charges | 640/8 | €176,496 | €52,484 | -€124,013 | -70.3% |
| Gross operating margin | 9900 | €1,003,133 | €1,029,756 | +€26,623 | +2.7% |
| Operating profit (loss) | 9901 | €153,282 | €411,010 | +€257,728 | +168.1% |
| Financial income | 75/76B | €15,319 | €49,454 | +€34,135 | +222.8% |
| Recurring financial income | 75 | €15,319 | €49,454 | +€34,135 | +222.8% |
| Financial charges | 65/66B | €88,486 | €77,905 | -€10,581 | -12.0% |
| Recurring financial charges | 65 | €88,486 | €77,905 | -€10,581 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €80,116 | €382,559 | +€302,443 | +377.5% |
| Income taxes | 67/77 | €37,826 | €93,522 | +€55,696 | +147.2% |
| Profit (loss) for the period | 9904 | €42,290 | €289,037 | +€246,748 | +583.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,290 | €289,037 | +€246,748 | +583.5% |
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 9 October 2026 via checked.be.