CABUCO: 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.
CABUCO
Largest movements
- Cash -€206,366
down €206,366 (-82.4%), from €250,476 to €44,110
mainly Other debts (-€282,157) and Debts after one year (-€144,045)
- Receivables within one year +€67,843
up €67,843 (+38.1%), from €177,894 to €245,737
of which Other amounts receivable: +€67,843
- Tangible fixed assets -€30,330
down €30,330 (-46.7%), from €65,007 to €34,677
of which Furniture and vehicles: -€29,872
- Other debts -€282,157
down €282,157 (-73.0%), from €386,569 to €104,413
- Reserves +€173,951
up €173,951 (+16.7%), from €1.0m to €1.2m
- Debts after one year -€144,045
down €144,045 (-53.6%), from €268,533 to €124,488
- Short-term financial debts +€78,081
up €78,081 (+234%), from €33,387 to €111,468
- Gross operating margin -€32,521
down €32,521 (-11.6%), from €281,470 to €248,950
- Financial charges -€16,073
down €16,073 (-78.7%), from €20,434 to €4,361
- Financial income +€6,856
up €6,856 (+114%), from €6,016 to €12,871
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 | €1,895,797 | €1,727,121 | -€168,677 | -8.9% |
| Fixed assets | 21/28 | €1,465,930 | €1,435,599 | -€30,330 | -2.1% |
| Tangible fixed assets | 22/27 | €65,007 | €34,677 | -€30,330 | -46.7% |
| Plant, machinery and equipment | 23 | €762 | €304 | -€458 | -60.1% |
| Furniture and vehicles | 24 | €64,245 | €34,373 | -€29,872 | -46.5% |
| Financial fixed assets | 28 | €1,400,922 | €1,400,922 | = | 0.0% |
| Current assets | 29/58 | €429,868 | €291,522 | -€138,346 | -32.2% |
| Amounts receivable within one year | 40/41 | €177,894 | €245,737 | +€67,843 | +38.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €177,894 | €245,737 | +€67,843 | +38.1% |
| Cash at bank and in hand | 54/58 | €250,476 | €44,110 | -€206,366 | -82.4% |
| Deferred charges and accrued income | 490/1 | €1,498 | €1,675 | +€177 | +11.8% |
| Total equity and liabilities | 10/49 | €1,895,797 | €1,727,121 | -€168,677 | -8.9% |
| Equity | 10/15 | €1,052,609 | €1,226,560 | +€173,951 | +16.5% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €1,039,609 | €1,213,560 | +€173,951 | +16.7% |
| Distributable reserves | 133 | €1,039,609 | €1,213,560 | +€173,951 | +16.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €843,188 | €500,560 | -€342,628 | -40.6% |
| Amounts payable after more than one year | 17 | €268,533 | €124,488 | -€144,045 | -53.6% |
| Financial debts | 170/4 | €268,533 | €124,488 | -€144,045 | -53.6% |
| Amounts payable within one year | 42/48 | €572,801 | €373,892 | -€198,908 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €137,575 | €144,045 | +€6,469 | +4.7% |
| Financial debts | 43 | €33,387 | €111,468 | +€78,081 | +234% |
| Credit institutions | 430/8 | €33,387 | €111,468 | +€78,081 | +234% |
| Trade debts | 44 | €2,512 | €3,181 | +€668 | +26.6% |
| Suppliers | 440/4 | €2,512 | €3,181 | +€668 | +26.6% |
| Taxes, remuneration and social security | 45 | €12,756 | €10,786 | -€1,970 | -15.4% |
| Taxes | 450/3 | €12,756 | €10,786 | -€1,970 | -15.4% |
| Other amounts payable | 47/48 | €386,569 | €104,413 | -€282,157 | -73.0% |
| Accrued charges and deferred income | 492/3 | €1,855 | €2,180 | +€325 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,330 | €30,330 | = | 0.0% |
| Other operating charges | 640/8 | €1,107 | €1,115 | +€7 | +0.7% |
| Gross operating margin | 9900 | €281,470 | €248,950 | -€32,521 | -11.6% |
| Operating profit (loss) | 9901 | €250,033 | €217,505 | -€32,528 | -13.0% |
| Financial income | 75/76B | €6,016 | €12,871 | +€6,856 | +114% |
| Recurring financial income | 75 | €6,016 | €12,871 | +€6,856 | +114% |
| Financial charges | 65/66B | €20,434 | €4,361 | -€16,073 | -78.7% |
| Recurring financial charges | 65 | €20,434 | €4,361 | -€16,073 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | €235,615 | €226,015 | -€9,599 | -4.1% |
| Income taxes | 67/77 | €54,400 | €52,064 | -€2,336 | -4.3% |
| Profit (loss) for the period | 9904 | €181,215 | €173,951 | -€7,263 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €181,215 | €173,951 | -€7,263 | -4.0% |
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 24 October 2026 via checked.be.