Cachet: 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.
Cachet
Largest movements
- Receivables within one year +€47,656
up €47,656 (+106.2%), from €44,880 to €92,536
of which Other amounts receivable: +€54,882
- Cash -€16,116
down €16,116 (-5.0%), from €321,160 to €305,044
mainly Receivables within one year (-€47,656) and Net result for the year (-€32,533)
- Deferred charges and accrued income -€11,880
down €11,880 (-100.0%), from €11,880 to €0
- Debts within one year +€46,194
up €46,194 (+47.4%), from €97,477 to €143,671
of which Tax, wage and social debts: +€23,979
- Profit (loss) carried forward -€16,698
down €16,698 (-100.0%), from €16,698 to €0
- Reserves -€15,835
down €15,835 (-5.6%), from €280,722 to €264,887
- Staff costs +€130,523
up €130,523 (+24.2%), from €538,641 to €669,165
- Gross operating margin +€74,560
up €74,560 (+13.0%), from €572,504 to €647,065
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 | €394,897 | €408,558 | +€13,661 | +3.5% |
| Fixed assets | 21/28 | €16,977 | €10,978 | -€5,999 | -35.3% |
| Intangible fixed assets | 21 | €5,531 | €2,766 | -€2,766 | -50.0% |
| Tangible fixed assets | 22/27 | €11,205 | €7,972 | -€3,233 | -28.9% |
| Plant, machinery and equipment | 23 | €9,488 | €6,819 | -€2,669 | -28.1% |
| Furniture and vehicles | 24 | €1,717 | €1,153 | -€564 | -32.8% |
| Financial fixed assets | 28 | €241 | €241 | = | 0.0% |
| Current assets | 29/58 | €377,920 | €397,580 | +€19,660 | +5.2% |
| Amounts receivable within one year | 40/41 | €44,880 | €92,536 | +€47,656 | +106.2% |
| Trade receivables | 40 | €10,381 | €3,155 | -€7,226 | -69.6% |
| Other amounts receivable | 41 | €34,499 | €89,381 | +€54,882 | +159.1% |
| Cash at bank and in hand | 54/58 | €321,160 | €305,044 | -€16,116 | -5.0% |
| Deferred charges and accrued income | 490/1 | €11,880 | €0 | -€11,880 | -100.0% |
| Total equity and liabilities | 10/49 | €394,897 | €408,558 | +€13,661 | +3.5% |
| Equity | 10/15 | €297,420 | €264,887 | -€32,533 | -10.9% |
| Reserves | 13 | €280,722 | €264,887 | -€15,835 | -5.6% |
| Profit (loss) carried forward | 14 | €16,698 | €0 | -€16,698 | -100.0% |
| Amounts payable | 17/49 | €97,477 | €143,671 | +€46,194 | +47.4% |
| Amounts payable within one year | 42/48 | €97,477 | €143,671 | +€46,194 | +47.4% |
| Trade debts | 44 | €46,881 | €11,581 | -€35,300 | -75.3% |
| Suppliers | 440/4 | €46,881 | €11,581 | -€35,300 | -75.3% |
| Taxes, remuneration and social security | 45 | €50,596 | €74,575 | +€23,979 | +47.4% |
| Remuneration and social security | 454/9 | €50,596 | €74,575 | +€23,979 | +47.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €538,641 | €669,165 | +€130,523 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,846 | €9,746 | -€1,100 | -10.1% |
| Other operating charges | 640/8 | - | €95 | +€95 | |
| Gross operating margin | 9900 | €572,504 | €647,065 | +€74,560 | +13.0% |
| Operating profit (loss) | 9901 | €23,017 | -€31,942 | -€54,959 | |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €198 | €594 | +€396 | +199.4% |
| Recurring financial charges | 65 | €198 | €594 | +€396 | +199.4% |
| Profit (loss) for the period before taxes | 9903 | €22,818 | -€32,533 | -€55,351 | |
| Profit (loss) for the period | 9904 | €22,818 | -€32,533 | -€55,351 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,818 | -€32,533 | -€55,351 |
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 30 September 2026 via checked.be.