Caeruleo: 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.
Caeruleo
Largest movements
- Current investments +€30,000
new in 2025: €30,000
- Tangible fixed assets -€16,130
down €16,130 (-6.2%), from €259,130 to €243,000
of which Land and buildings: -€12,750
- Cash -€7,133
down €7,133 (-59.5%), from €11,985 to €4,852
mainly Current investments (-€30,000) and Trade debts (-€4,453)
- Other debts +€10,394
up €10,394 (+10.7%), from €96,950 to €107,344
- Trade debts -€4,453
down €4,453 (-15.2%), from €29,331 to €24,878
- Gross operating margin -€7,821
down €7,821 (-20.8%), from €37,587 to €29,766
- Financial charges -€3,152
down €3,152 (-29.3%), from €10,750 to €7,598
- Financial income -€1,974
down €1,974 (-99.7%), from €1,980 to €6
- Taxes +€1,903
up €1,903 (+369%), from €516 to €2,419
- Other operating charges -€1,368
down €1,368 (-33.1%), from €4,131 to €2,763
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 | €274,602 | €282,135 | +€7,533 | +2.7% |
| Fixed assets | 21/28 | €260,475 | €244,345 | -€16,130 | -6.2% |
| Tangible fixed assets | 22/27 | €259,130 | €243,000 | -€16,130 | -6.2% |
| Land and buildings | 22 | €255,750 | €243,000 | -€12,750 | -5.0% |
| Furniture and vehicles | 24 | €3,380 | - | -€3,380 | |
| Financial fixed assets | 28 | €1,345 | €1,345 | = | 0.0% |
| Current assets | 29/58 | €14,127 | €37,790 | +€23,663 | +168% |
| Amounts receivable within one year | 40/41 | €2,142 | €2,272 | +€130 | +6.1% |
| Trade receivables | 40 | €630 | €760 | +€130 | +20.6% |
| Other amounts receivable | 41 | €1,512 | €1,512 | = | 0.0% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €11,985 | €4,852 | -€7,133 | -59.5% |
| Deferred charges and accrued income | 490/1 | - | €666 | +€666 | |
| Total equity and liabilities | 10/49 | €274,602 | €282,135 | +€7,533 | +2.7% |
| Equity | 10/15 | €139,484 | €140,346 | +€862 | +0.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €802 | €802 | -€0 | 0.0% |
| Distributable reserves | 133 | €802 | €802 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €18,682 | €19,544 | +€862 | +4.6% |
| Amounts payable | 17/49 | €135,118 | €141,789 | +€6,671 | +4.9% |
| Amounts payable within one year | 42/48 | €135,118 | €141,139 | +€6,021 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Trade debts | 44 | €29,331 | €24,878 | -€4,453 | -15.2% |
| Suppliers | 440/4 | €29,331 | €24,878 | -€4,453 | -15.2% |
| Taxes, remuneration and social security | 45 | €8,838 | €8,917 | +€79 | +0.9% |
| Taxes | 450/3 | €3,262 | €5,836 | +€2,574 | +78.9% |
| Remuneration and social security | 454/9 | €5,575 | €3,081 | -€2,494 | -44.7% |
| Other amounts payable | 47/48 | €96,950 | €107,344 | +€10,394 | +10.7% |
| Accrued charges and deferred income | 492/3 | - | €650 | +€650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,427 | €16,130 | -€297 | -1.8% |
| Other operating charges | 640/8 | €4,131 | €2,763 | -€1,368 | -33.1% |
| Gross operating margin | 9900 | €37,587 | €29,766 | -€7,821 | -20.8% |
| Operating profit (loss) | 9901 | €17,029 | €10,873 | -€6,156 | -36.1% |
| Financial income | 75/76B | €1,980 | €6 | -€1,974 | -99.7% |
| Recurring financial income | 75 | €1,980 | €6 | -€1,974 | -99.7% |
| Financial charges | 65/66B | €10,750 | €7,598 | -€3,152 | -29.3% |
| Recurring financial charges | 65 | €10,750 | €7,598 | -€3,152 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €8,260 | €3,281 | -€4,979 | -60.3% |
| Income taxes | 67/77 | €516 | €2,419 | +€1,903 | +369% |
| Profit (loss) for the period | 9904 | €7,744 | €862 | -€6,882 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,744 | €862 | -€6,882 | -88.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.