CAEYMAN: 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.
What changed
CAEYMAN
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2,786
2024 · €687+€2,100
Equity
€421,264
2024 · €418,478+€2,786
Cash
€3,669
2024 · €4,488-€819
Balance sheet total
€660,460
2024 · €615,228+€45,232
Largest movements
Assets
- Tangible fixed assets +€31,479
up €31,479 (+5.2%), from €605,079 to €636,559
of which Furniture and vehicles: +€35,236
- Receivables within one year +€14,450
up €14,450 (+489%), from €2,954 to €17,404
of which Other amounts receivable: +€9,099
Equity and liabilities
- Debts after one year +€20,223
up €20,223 (+229%), from €8,837 to €29,060
- Tax, wage and social debts +€14,974
up €14,974 (+49.8%), from €30,057 to €45,031
of which Remuneration and social security: +€17,847
Income statement
- Gross operating margin +€9,689
up €9,689 (+27.8%), from €34,832 to €44,521
- Depreciation +€7,979
up €7,979 (+28.0%), from €28,500 to €36,479
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.
Result 2024
€687
Gross operating margin
+€9,689
Depreciation
-€7,979
Other operating charges
+€183
Financial income
-€76
Financial charges
-€38
Taxes
+€321
Result 2025
€2,786
raises the resultlowers the result
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.
From operations
+€40,348
Investment
-€67,958
Financing
+€26,791
Cash 2024
€4,488
From operations (derived)
+€40,348
Net result for the year
+€2,786
Depreciation
+€36,479
Smaller working-capital items
-€121
Receivables within one year
-€14,450
Trade debts
-€2,937
Tax, wage and social debts
+€14,974
Other debts
+€3,618
Investment (derived)
-€67,958
Investment in fixed assets (net)
-€67,958
Financing
+€26,791
Debts after one year
+€20,223
Current portion of long-term debt
+€6,568
Cash 2025
€3,669
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €615,228 | €660,460 | +€45,232 | +7.4% |
| Fixed assets | 21/28 | €605,797 | €637,277 | +€31,479 | +5.2% |
| Tangible fixed assets | 22/27 | €605,079 | €636,559 | +€31,479 | +5.2% |
| Land and buildings | 22 | €603,969 | €600,192 | -€3,777 | -0.6% |
| Plant, machinery and equipment | 23 | €1,110 | €1,131 | +€21 | +1.9% |
| Furniture and vehicles | 24 | - | €35,236 | +€35,236 | |
| Financial fixed assets | 28 | €718 | €718 | = | 0.0% |
| Current assets | 29/58 | €9,430 | €23,183 | +€13,753 | +146% |
| Stocks and contracts in progress | 3 | €1,830 | €1,945 | +€115 | +6.3% |
| Stocks | 30/36 | €1,830 | €1,945 | +€115 | +6.3% |
| Amounts receivable within one year | 40/41 | €2,954 | €17,404 | +€14,450 | +489% |
| Trade receivables | 40 | €2,954 | €8,305 | +€5,351 | +181% |
| Other amounts receivable | 41 | - | €9,099 | +€9,099 | |
| Cash at bank and in hand | 54/58 | €4,488 | €3,669 | -€819 | -18.2% |
| Deferred charges and accrued income | 490/1 | €159 | €165 | +€6 | +4.0% |
| Total equity and liabilities | 10/49 | €615,228 | €660,460 | +€45,232 | +7.4% |
| Equity | 10/15 | €418,478 | €421,264 | +€2,786 | +0.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €122,423 | €122,423 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,482 | €10,482 | = | 0.0% |
| Distributable reserves | 133 | €109,461 | €109,461 | = | 0.0% |
| Profit (loss) carried forward | 14 | €271,266 | €274,052 | +€2,786 | +1.0% |
| Amounts payable | 17/49 | €196,750 | €239,195 | +€42,446 | +21.6% |
| Amounts payable after more than one year | 17 | €8,837 | €29,060 | +€20,223 | +229% |
| Financial debts | 170/4 | €8,837 | €29,060 | +€20,223 | +229% |
| Amounts payable within one year | 42/48 | €187,913 | €210,136 | +€22,223 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €11,607 | €18,175 | +€6,568 | +56.6% |
| Trade debts | 44 | €10,624 | €7,688 | -€2,937 | -27.6% |
| Suppliers | 440/4 | €10,624 | €7,688 | -€2,937 | -27.6% |
| Taxes, remuneration and social security | 45 | €30,057 | €45,031 | +€14,974 | +49.8% |
| Taxes | 450/3 | €3,476 | €603 | -€2,873 | -82.7% |
| Remuneration and social security | 454/9 | €26,581 | €44,428 | +€17,847 | +67.1% |
| Other amounts payable | 47/48 | €135,624 | €139,242 | +€3,618 | +2.7% |
| Non-recurring operating income | 76A | €207 | €1,250 | +€1,043 | +504% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,500 | €36,479 | +€7,979 | +28.0% |
| Other operating charges | 640/8 | €4,536 | €4,353 | -€183 | -4.0% |
| Gross operating margin | 9900 | €34,832 | €44,521 | +€9,689 | +27.8% |
| Operating profit (loss) | 9901 | €1,796 | €3,689 | +€1,893 | +105% |
| Financial income | 75/76B | €83 | €7 | -€76 | -91.7% |
| Recurring financial income | 75 | €83 | €7 | -€76 | -91.7% |
| Financial charges | 65/66B | €730 | €769 | +€38 | +5.2% |
| Recurring financial charges | 65 | €730 | €769 | +€38 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €1,148 | €2,927 | +€1,779 | +155% |
| Income taxes | 67/77 | €462 | €141 | -€321 | -69.5% |
| Profit (loss) for the period | 9904 | €687 | €2,786 | +€2,100 | +306% |
| Profit (loss) for the period to be appropriated | 9905 | €687 | €2,786 | +€2,100 | +306% |
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 14 October 2026 via checked.be.