Cael Imperium: 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.
Cael Imperium
Largest movements
- Cash -€100,149
down €100,149 (-46.2%), from €216,981 to €116,831
mainly Contributions, distributions and other (-€125,000) and Current investments (-€100,000)
- Current investments +€100,000
new in 2025: €100,000
- Receivables within one year -€15,514
down €15,514 (-94.4%), from €16,432 to €917
of which Trade receivables: -€16,432
- Reserves -€48,855
down €48,855 (-27.7%), from €176,438 to €127,584
of which Distributable reserves: -€48,855
- Other debts +€25,000
up €25,000, from €0 to €25,000
- Tax, wage and social debts +€4,845
up €4,845 (+126%), from €3,847 to €8,692
- Trade debts +€2,945
up €2,945 (+239%), from €1,232 to €4,177
- Gross operating margin +€31,803
up €31,803 (+47.4%), from €67,161 to €98,964
- Taxes +€7,072
up €7,072 (+58.2%), from €12,149 to €19,221
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 | €243,027 | €226,953 | -€16,074 | -6.6% |
| Current assets | 29/58 | €243,027 | €226,953 | -€16,074 | -6.6% |
| Amounts receivable within one year | 40/41 | €16,432 | €917 | -€15,514 | -94.4% |
| Trade receivables | 40 | €16,432 | €0 | -€16,432 | -100% |
| Other amounts receivable | 41 | - | €917 | +€917 | |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €216,981 | €116,831 | -€100,149 | -46.2% |
| Deferred charges and accrued income | 490/1 | €9,615 | €9,204 | -€410 | -4.3% |
| Total equity and liabilities | 10/49 | €243,027 | €226,953 | -€16,074 | -6.6% |
| Equity | 10/15 | €237,938 | €189,084 | -€48,855 | -20.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €176,438 | €127,584 | -€48,855 | -27.7% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €170,288 | €121,434 | -€48,855 | -28.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €5,089 | €37,869 | +€32,780 | +644% |
| Amounts payable within one year | 42/48 | €5,089 | €37,869 | +€32,780 | +644% |
| Financial debts | 43 | €10 | €0 | -€10 | -100% |
| Credit institutions | 430/8 | €10 | €0 | -€10 | -100% |
| Trade debts | 44 | €1,232 | €4,177 | +€2,945 | +239% |
| Suppliers | 440/4 | €1,232 | €4,177 | +€2,945 | +239% |
| Taxes, remuneration and social security | 45 | €3,847 | €8,692 | +€4,845 | +126% |
| Taxes | 450/3 | €3,847 | €8,692 | +€4,845 | +126% |
| Other amounts payable | 47/48 | €0 | €25,000 | +€25,000 | |
| Other operating charges | 640/8 | €813 | €771 | -€42 | -5.2% |
| Gross operating margin | 9900 | €67,161 | €98,964 | +€31,803 | +47.4% |
| Operating profit (loss) | 9901 | €66,348 | €98,193 | +€31,845 | +48.0% |
| Financial income | 75/76B | €0 | €720 | +€720 | |
| Recurring financial income | 75 | €0 | €720 | +€720 | |
| Financial charges | 65/66B | €2,808 | €3,547 | +€738 | +26.3% |
| Recurring financial charges | 65 | €2,808 | €3,547 | +€738 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €63,540 | €95,366 | +€31,827 | +50.1% |
| Income taxes | 67/77 | €12,149 | €19,221 | +€7,072 | +58.2% |
| Profit (loss) for the period | 9904 | €51,391 | €76,146 | +€24,754 | +48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,391 | €76,146 | +€24,754 | +48.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.