CABLEWORKS: 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.
CABLEWORKS
Largest movements
- Receivables within one year -€133,234
down €133,234 (-17.4%), from €766,101 to €632,868
of which Trade receivables: -€83,534
- Cash -€112,292
down €112,292 (-93.1%), from €120,612 to €8,321
mainly Other debts (-€106,250) and Current investments (-€90,000)
- Current investments +€90,000
up €90,000, from €0 to €90,000
- Stocks and contracts -€24,883
down €24,883 (-21.1%), from €118,030 to €93,146
- Tangible fixed assets -€19,153
down €19,153 (-9.0%), from €213,976 to €194,823
of which Furniture and vehicles: -€17,768
- Other debts -€106,250
down €106,250 (-100%), from €106,250 to €0
- Trade debts -€48,549
down €48,549 (-25.5%), from €190,477 to €141,928
- Tax, wage and social debts -€22,530
down €22,530 (-23.3%), from €96,597 to €74,067
of which Remuneration and social security: -€23,391
- Profit (loss) carried forward -€20,705
down €20,705 (-3.6%), from €577,355 to €556,650
- Current portion of long-term debt +€18,844
up €18,844 (+75.5%), from €24,972 to €43,815
- Depreciation +€41,592
up €41,592 (+104%), from €40,112 to €81,704
- Staff costs +€25,635
up €25,635 (+3.1%), from €832,413 to €858,048
- Gross operating margin +€10,765
up €10,765 (+1.2%), from €926,339 to €937,104
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.
Derived cash bridge
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 | €1,242,604 | €1,046,063 | -€196,541 | -15.8% |
| Fixed assets | 21/28 | €230,380 | €211,767 | -€18,613 | -8.1% |
| Tangible fixed assets | 22/27 | €213,976 | €194,823 | -€19,153 | -9.0% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €9,859 | €8,474 | -€1,385 | -14.1% |
| Furniture and vehicles | 24 | €204,117 | €186,349 | -€17,768 | -8.7% |
| Financial fixed assets | 28 | €16,404 | €16,944 | +€540 | +3.3% |
| Current assets | 29/58 | €1,012,224 | €834,296 | -€177,928 | -17.6% |
| Stocks and contracts in progress | 3 | €118,030 | €93,146 | -€24,883 | -21.1% |
| Contracts in progress | 37 | €118,030 | €93,146 | -€24,883 | -21.1% |
| Amounts receivable within one year | 40/41 | €766,101 | €632,868 | -€133,234 | -17.4% |
| Trade receivables | 40 | €657,562 | €574,028 | -€83,534 | -12.7% |
| Other amounts receivable | 41 | €108,540 | €58,840 | -€49,700 | -45.8% |
| Current investments | 50/53 | €0 | €90,000 | +€90,000 | |
| Cash at bank and in hand | 54/58 | €120,612 | €8,321 | -€112,292 | -93.1% |
| Deferred charges and accrued income | 490/1 | €7,481 | €9,962 | +€2,481 | +33.2% |
| Total equity and liabilities | 10/49 | €1,242,604 | €1,046,063 | -€196,541 | -15.8% |
| Equity | 10/15 | €700,213 | €679,508 | -€20,705 | -3.0% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €12,858 | €12,858 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €12,858 | €12,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | €577,355 | €556,650 | -€20,705 | -3.6% |
| Amounts payable | 17/49 | €542,392 | €366,555 | -€175,836 | -32.4% |
| Amounts payable after more than one year | 17 | €117,828 | €105,615 | -€12,213 | -10.4% |
| Financial debts | 170/4 | €117,828 | €105,615 | -€12,213 | -10.4% |
| Amounts payable within one year | 42/48 | €422,034 | €259,811 | -€162,223 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €24,972 | €43,815 | +€18,844 | +75.5% |
| Trade debts | 44 | €190,477 | €141,928 | -€48,549 | -25.5% |
| Suppliers | 440/4 | €190,477 | €141,928 | -€48,549 | -25.5% |
| Advances received on contracts in progress | 46 | €3,739 | €0 | -€3,739 | -100% |
| Taxes, remuneration and social security | 45 | €96,597 | €74,067 | -€22,530 | -23.3% |
| Taxes | 450/3 | €7,274 | €8,135 | +€862 | +11.8% |
| Remuneration and social security | 454/9 | €89,323 | €65,932 | -€23,391 | -26.2% |
| Other amounts payable | 47/48 | €106,250 | €0 | -€106,250 | -100% |
| Accrued charges and deferred income | 492/3 | €2,530 | €1,129 | -€1,400 | -55.4% |
| Remuneration, social security and pensions | 62 | €832,413 | €858,048 | +€25,635 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,112 | €81,704 | +€41,592 | +104% |
| Other operating charges | 640/8 | €20,659 | €12,249 | -€8,409 | -40.7% |
| Gross operating margin | 9900 | €926,339 | €937,104 | +€10,765 | +1.2% |
| Operating profit (loss) | 9901 | €33,156 | -€14,896 | -€48,052 | |
| Financial income | 75/76B | €270 | €925 | +€655 | +243% |
| Recurring financial income | 75 | €270 | €925 | +€655 | +243% |
| Financial charges | 65/66B | €634 | €6,213 | +€5,578 | +879% |
| Recurring financial charges | 65 | €634 | €6,213 | +€5,578 | +879% |
| Profit (loss) for the period before taxes | 9903 | €32,791 | -€20,184 | -€52,975 | |
| Income taxes | 67/77 | €9,855 | €521 | -€9,334 | -94.7% |
| Profit (loss) for the period | 9904 | €22,937 | -€20,705 | -€43,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,937 | -€20,705 | -€43,642 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.