CACHORA: 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.
CACHORA
Largest movements
- Tangible fixed assets +€66,144
up €66,144 (+2.6%), from €2.5m to €2.6m
of which Land and buildings: +€62,095
- Debts after one year -€200,000
down €200,000 (-20.6%), from €970,000 to €770,000
- Trade debts +€146,410
up €146,410 (+1,590%), from €9,206 to €155,616
- Reserves +€104,220
up €104,220 (+18.2%), from €571,152 to €675,372
of which Distributable reserves: +€104,220
- Current portion of long-term debt -€43,333
down €43,333 (-17.8%), from €243,333 to €200,000
- Other debts +€35,804
up €35,804 (+12.2%), from €293,624 to €329,428
- Gross operating margin -€49,219
down €49,219 (-10.4%), from €471,310 to €422,092
- Financial charges -€17,889
down €17,889 (-24.0%), from €74,426 to €56,536
- Taxes -€15,204
down €15,204 (-20.8%), from €73,100 to €57,896
- Depreciation +€14,498
up €14,498 (+9.6%), from €150,508 to €165,006
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 | €2,683,408 | €2,742,713 | +€59,305 | +2.2% |
| Fixed assets | 21/28 | €2,536,502 | €2,602,646 | +€66,144 | +2.6% |
| Tangible fixed assets | 22/27 | €2,536,502 | €2,602,646 | +€66,144 | +2.6% |
| Land and buildings | 22 | €2,529,219 | €2,591,314 | +€62,095 | +2.5% |
| Plant, machinery and equipment | 23 | €142 | - | -€142 | |
| Furniture and vehicles | 24 | €7,141 | €11,332 | +€4,191 | +58.7% |
| Current assets | 29/58 | €146,906 | €140,067 | -€6,839 | -4.7% |
| Amounts receivable within one year | 40/41 | €125,098 | €114,228 | -€10,870 | -8.7% |
| Trade receivables | 40 | €125,098 | €113,876 | -€11,222 | -9.0% |
| Other amounts receivable | 41 | - | €352 | +€352 | |
| Cash at bank and in hand | 54/58 | €19,850 | €20,124 | +€274 | +1.4% |
| Deferred charges and accrued income | 490/1 | €1,958 | €5,715 | +€3,757 | +192% |
| Total equity and liabilities | 10/49 | €2,683,408 | €2,742,713 | +€59,305 | +2.2% |
| Equity | 10/15 | €875,267 | €979,486 | +€104,220 | +11.9% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €571,152 | €675,372 | +€104,220 | +18.2% |
| Non-distributable reserves | 130/1 | €200,000 | €200,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200,000 | €200,000 | = | 0.0% |
| Distributable reserves | 133 | €371,152 | €475,372 | +€104,220 | +28.1% |
| Profit (loss) carried forward | 14 | €104,114 | €104,114 | = | 0.0% |
| Amounts payable | 17/49 | €1,808,141 | €1,763,227 | -€44,914 | -2.5% |
| Amounts payable after more than one year | 17 | €970,000 | €770,000 | -€200,000 | -20.6% |
| Financial debts | 170/4 | €970,000 | €770,000 | -€200,000 | -20.6% |
| Amounts payable within one year | 42/48 | €835,342 | €987,799 | +€152,458 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €243,333 | €200,000 | -€43,333 | -17.8% |
| Trade debts | 44 | €9,206 | €155,616 | +€146,410 | +1,590% |
| Suppliers | 440/4 | €9,206 | €155,616 | +€146,410 | +1,590% |
| Advances received on contracts in progress | 46 | €72,639 | €88,840 | +€16,201 | +22.3% |
| Taxes, remuneration and social security | 45 | €216,540 | €213,915 | -€2,625 | -1.2% |
| Taxes | 450/3 | €216,540 | €213,915 | -€2,625 | -1.2% |
| Other amounts payable | 47/48 | €293,624 | €329,428 | +€35,804 | +12.2% |
| Accrued charges and deferred income | 492/3 | €2,800 | €5,428 | +€2,628 | +93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,508 | €165,006 | +€14,498 | +9.6% |
| Other operating charges | 640/8 | €5,076 | €8,567 | +€3,491 | +68.8% |
| Gross operating margin | 9900 | €471,310 | €422,092 | -€49,219 | -10.4% |
| Operating profit (loss) | 9901 | €315,727 | €248,519 | -€67,208 | -21.3% |
| Financial income | 75/76B | €1 | €133 | +€132 | +22,442% |
| Recurring financial income | 75 | €1 | €133 | +€132 | +22,442% |
| Financial charges | 65/66B | €74,426 | €56,536 | -€17,889 | -24.0% |
| Recurring financial charges | 65 | €74,426 | €56,536 | -€17,889 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €241,302 | €192,116 | -€49,186 | -20.4% |
| Income taxes | 67/77 | €73,100 | €57,896 | -€15,204 | -20.8% |
| Profit (loss) for the period | 9904 | €168,202 | €134,220 | -€33,982 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €168,202 | €134,220 | -€33,982 | -20.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.