CACTUS: 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.
CACTUS
Largest movements
- Tangible fixed assets -€36,179
down €36,179 (-30.3%), from €119,599 to €83,420
of which Furniture and vehicles: -€30,630
- Receivables within one year +€31,408
up €31,408 (+29.9%), from €105,045 to €136,453
of which Trade receivables: +€31,005
- Cash -€28,304
down €28,304 (-52.4%), from €54,036 to €25,732
mainly Debts after one year (-€66,338) and Receivables within one year (-€31,408)
- Intangible fixed assets -€8,508
down €8,508 (-39.8%), from €21,384 to €12,876
- Debts after one year -€66,338
down €66,338 (-41.0%), from €161,688 to €95,350
of which Other amounts payable: -€45,751
- Trade debts +€64,246
up €64,246 (+248.2%), from €25,890 to €90,136
- Current portion of long-term debt -€20,808
down €20,808 (-27.2%), from €76,627 to €55,819
- Profit (loss) carried forward -€14,850
down €14,850 (-3.9%), from -€378,507 to -€393,357
- Short-term financial debts -€6,030
down €6,030 (-14.8%), from €40,780 to €34,750
- Gross operating margin -€65,561
down €65,561 (-7.5%), from €869,930 to €804,369
- Staff costs +€25,125
up €25,125 (+3.5%), from €724,512 to €749,636
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 | €402,553 | €358,820 | -€43,733 | -10.9% |
| Fixed assets | 21/28 | €140,983 | €96,296 | -€44,687 | -31.7% |
| Intangible fixed assets | 21 | €21,384 | €12,876 | -€8,508 | -39.8% |
| Tangible fixed assets | 22/27 | €119,599 | €83,420 | -€36,179 | -30.3% |
| Plant, machinery and equipment | 23 | €23,795 | €17,498 | -€6,297 | -26.5% |
| Furniture and vehicles | 24 | €73,898 | €43,268 | -€30,630 | -41.4% |
| Other tangible fixed assets | 26 | €21,905 | €22,653 | +€748 | +3.4% |
| Current assets | 29/58 | €261,570 | €262,524 | +€954 | +0.4% |
| Amounts receivable after more than one year | 29 | €845 | €845 | = | 0.0% |
| Other amounts receivable | 291 | €845 | €845 | = | 0.0% |
| Stocks and contracts in progress | 3 | €62,973 | €62,973 | = | 0.0% |
| Stocks | 30/36 | €62,973 | €62,973 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €105,045 | €136,453 | +€31,408 | +29.9% |
| Trade receivables | 40 | €99,482 | €130,488 | +€31,005 | +31.2% |
| Other amounts receivable | 41 | €5,563 | €5,965 | +€402 | +7.2% |
| Cash at bank and in hand | 54/58 | €54,036 | €25,732 | -€28,304 | -52.4% |
| Deferred charges and accrued income | 490/1 | €38,670 | €36,521 | -€2,149 | -5.6% |
| Total equity and liabilities | 10/49 | €402,553 | €358,820 | -€43,733 | -10.9% |
| Equity | 10/15 | €8,840 | -€6,010 | -€14,850 | |
| Contributions | 10/11 | €374,296 | €374,296 | = | 0.0% |
| Reserves | 13 | €13,051 | €13,051 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,051 | €1,051 | = | 0.0% |
| Other | 1319 | €1,051 | €1,051 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€378,507 | -€393,357 | -€14,850 | -3.9% |
| Amounts payable | 17/49 | €393,712 | €364,829 | -€28,883 | -7.3% |
| Amounts payable after more than one year | 17 | €161,688 | €95,350 | -€66,338 | -41.0% |
| Financial debts | 170/4 | €95,663 | €75,076 | -€20,588 | -21.5% |
| Other amounts payable | 178/9 | €66,025 | €20,274 | -€45,751 | -69.3% |
| Amounts payable within one year | 42/48 | €230,851 | €265,455 | +€34,604 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €76,627 | €55,819 | -€20,808 | -27.2% |
| Financial debts | 43 | €40,780 | €34,750 | -€6,030 | -14.8% |
| Credit institutions | 430/8 | €40,780 | €34,750 | -€6,030 | -14.8% |
| Trade debts | 44 | €25,890 | €90,136 | +€64,246 | +248.2% |
| Suppliers | 440/4 | €25,890 | €90,136 | +€64,246 | +248.2% |
| Taxes, remuneration and social security | 45 | €83,256 | €84,750 | +€1,494 | +1.8% |
| Taxes | 450/3 | €18,709 | €20,751 | +€2,041 | +10.9% |
| Remuneration and social security | 454/9 | €64,547 | €63,999 | -€548 | -0.8% |
| Other amounts payable | 47/48 | €4,298 | - | -€4,298 | |
| Accrued charges and deferred income | 492/3 | €1,174 | €4,025 | +€2,851 | +243.0% |
| Remuneration, social security and pensions | 62 | €724,512 | €749,636 | +€25,125 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,113 | €55,256 | -€6,857 | -11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €859 | €2,428 | +€1,569 | +182.6% |
| Other operating charges | 640/8 | €3,894 | €2,249 | -€1,644 | -42.2% |
| Gross operating margin | 9900 | €869,930 | €804,369 | -€65,561 | -7.5% |
| Operating profit (loss) | 9901 | €78,553 | -€5,200 | -€83,752 | |
| Financial income | 75/76B | - | €3,903 | +€3,903 | |
| Recurring financial income | 75 | - | €3,903 | +€3,903 | |
| Financial charges | 65/66B | €15,683 | €13,441 | -€2,242 | -14.3% |
| Recurring financial charges | 65 | €15,141 | €13,441 | -€1,700 | -11.2% |
| Non-recurring financial charges | 66B | €542 | - | -€542 | |
| Profit (loss) for the period before taxes | 9903 | €62,869 | -€14,738 | -€77,608 | |
| Income taxes | 67/77 | €98 | €112 | +€14 | +14.0% |
| Profit (loss) for the period | 9904 | €62,772 | -€14,850 | -€77,621 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,772 | -€14,850 | -€77,621 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.