CACHETTE: 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.
CACHETTE
Largest movements
- Current investments -€400,000
down €400,000 (-80.0%), from €500,000 to €100,000
- Receivables within one year +€210,894
up €210,894 (+47.8%), from €440,833 to €651,727
of which Trade receivables: +€279,172
- Tangible fixed assets +€142,224
up €142,224 (+7.4%), from €1.9m to €2.1m
of which Land and buildings: +€188,782
- Cash -€63,280
down €63,280 (-51.0%), from €124,021 to €60,742
mainly Investment in fixed assets (net) (-€343,109) and Receivables within one year (-€210,894)
- Debts after one year -€98,851
down €98,851 (-10.9%), from €906,200 to €807,348
- Other debts +€57,705
up €57,705 (+92.3%), from €62,524 to €120,230
- Reserves -€44,318
down €44,318 (-2.5%), from €1.7m to €1.7m
- Trade debts -€33,473
down €33,473 (-40.9%), from €81,857 to €48,384
- Gross operating margin -€879,869
down €879,869 (-82.5%), from €1.1m to €186,560
- Taxes -€159,345
down €159,345 (-100.0%), from €159,345 to €0
- Staff costs -€147,874
down €147,874 (-99.9%), from €148,017 to €144
- Depreciation +€35,173
up €35,173 (+21.2%), from €165,713 to €200,886
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 | €3,000,127 | €2,882,799 | -€117,327 | -3.9% |
| Fixed assets | 21/28 | €1,923,240 | €2,065,463 | +€142,224 | +7.4% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,915,739 | €2,057,962 | +€142,224 | +7.4% |
| Land and buildings | 22 | €1,800,665 | €1,989,447 | +€188,782 | +10.5% |
| Plant, machinery and equipment | 23 | €33,954 | €17,682 | -€16,272 | -47.9% |
| Furniture and vehicles | 24 | €75,527 | €46,110 | -€29,417 | -38.9% |
| Other tangible fixed assets | 26 | €5,593 | €4,724 | -€869 | -15.5% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €1,076,887 | €817,336 | -€259,551 | -24.1% |
| Stocks and contracts in progress | 3 | €2,780 | €0 | -€2,780 | -100.0% |
| Stocks | 30/36 | €2,780 | €0 | -€2,780 | -100.0% |
| Amounts receivable within one year | 40/41 | €440,833 | €651,727 | +€210,894 | +47.8% |
| Trade receivables | 40 | €121,363 | €400,535 | +€279,172 | +230.0% |
| Other amounts receivable | 41 | €319,470 | €251,193 | -€68,278 | -21.4% |
| Current investments | 50/53 | €500,000 | €100,000 | -€400,000 | -80.0% |
| Cash at bank and in hand | 54/58 | €124,021 | €60,742 | -€63,280 | -51.0% |
| Deferred charges and accrued income | 490/1 | €9,253 | €4,867 | -€4,386 | -47.4% |
| Total equity and liabilities | 10/49 | €3,000,127 | €2,882,799 | -€117,327 | -3.9% |
| Equity | 10/15 | €1,818,125 | €1,773,808 | -€44,318 | -2.4% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €1,748,125 | €1,703,808 | -€44,318 | -2.5% |
| Distributable reserves | 133 | €1,748,125 | €1,703,808 | -€44,318 | -2.5% |
| Amounts payable | 17/49 | €1,182,002 | €1,108,992 | -€73,010 | -6.2% |
| Amounts payable after more than one year | 17 | €906,200 | €807,348 | -€98,851 | -10.9% |
| Financial debts | 170/4 | €906,200 | €807,348 | -€98,851 | -10.9% |
| Amounts payable within one year | 42/48 | €268,514 | €298,088 | +€29,574 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €96,460 | €98,851 | +€2,391 | +2.5% |
| Trade debts | 44 | €81,857 | €48,384 | -€33,473 | -40.9% |
| Suppliers | 440/4 | €81,857 | €48,384 | -€33,473 | -40.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €27,673 | €30,623 | +€2,950 | +10.7% |
| Taxes | 450/3 | €7,159 | €30,623 | +€23,464 | +327.7% |
| Remuneration and social security | 454/9 | €20,514 | €0 | -€20,514 | -100.0% |
| Other amounts payable | 47/48 | €62,524 | €120,230 | +€57,705 | +92.3% |
| Accrued charges and deferred income | 492/3 | €7,287 | €3,555 | -€3,732 | -51.2% |
| Non-recurring operating income | 76A | €100,075 | €107 | -€99,968 | -99.9% |
| Remuneration, social security and pensions | 62 | €148,017 | €144 | -€147,874 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165,713 | €200,886 | +€35,173 | +21.2% |
| Other operating charges | 640/8 | €2,393 | €3,321 | +€928 | +38.8% |
| Gross operating margin | 9900 | €1,066,428 | €186,560 | -€879,869 | -82.5% |
| Operating profit (loss) | 9901 | €750,305 | -€17,790 | -€768,096 | |
| Financial income | 75/76B | €1,099 | €4,252 | +€3,153 | +286.9% |
| Recurring financial income | 75 | €1,099 | €4,252 | +€3,153 | +286.9% |
| Financial charges | 65/66B | €29,518 | €30,779 | +€1,262 | +4.3% |
| Recurring financial charges | 65 | €29,518 | €30,779 | +€1,262 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €721,887 | -€44,318 | -€766,204 | |
| Income taxes | 67/77 | €159,345 | €0 | -€159,345 | -100.0% |
| Profit (loss) for the period | 9904 | €562,542 | -€44,318 | -€606,859 | |
| Profit (loss) for the period to be appropriated | 9905 | €562,542 | -€44,318 | -€606,859 |
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 9 October 2026 via checked.be.