CAF BELGIUM: 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.
CAF BELGIUM
Largest movements
- Cash +€1.0m
up €1.0m (+884%), from €118,543 to €1.2m
mainly Advances received (+€2.3m) and Net result for the year (+€755,993)
- Receivables within one year -€247,813
down €247,813 (-3.7%), from €6.7m to €6.5m
of which Trade receivables: -€493,778
- Other debts -€3.1m
down €3.1m (-85.3%), from €3.7m to €540,381
- Advances received +€2.3m
up €2.3m, from €0 to €2.3m
- Profit (loss) carried forward +€755,993
up €755,993 (+101%), from €745,584 to €1.5m
- Tax, wage and social debts +€726,717
up €726,717 (+93.6%), from €776,361 to €1.5m
of which Remuneration and social security: +€396,800
- Trade debts +€211,066
up €211,066 (+16.3%), from €1.3m to €1.5m
- Turnover +€4.2m
up €4.2m (+34.8%), from €12.0m to €16.1m
- Goods and materials +€2.4m
up €2.4m (+62.0%), from €3.8m to €6.2m
- Staff costs +€1.5m
up €1.5m (+24.5%), from €6.1m to €7.5m
- Financial charges -€407,908
down €407,908 (-73.0%), from €558,435 to €150,527
- Taxes +€246,922
up €246,922 (+4,979%), from €4,959 to €251,881
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,014,239 | €7,830,223 | +€815,983 | +11.6% |
| Fixed assets | 21/28 | €151,504 | €167,949 | +€16,445 | +10.9% |
| Tangible fixed assets | 22/27 | €42,319 | €47,416 | +€5,097 | +12.0% |
| Plant, machinery and equipment | 23 | €33,103 | €7,074 | -€26,029 | -78.6% |
| Furniture and vehicles | 24 | €9,216 | €40,342 | +€31,126 | +338% |
| Financial fixed assets | 28 | €109,185 | €120,533 | +€11,348 | +10.4% |
| Affiliated companies | 280/1 | €39,975 | €39,975 | = | 0.0% |
| Participating interests | 280 | €39,975 | €39,975 | = | 0.0% |
| Other financial fixed assets | 284/8 | €69,210 | €80,558 | +€11,348 | +16.4% |
| Amounts receivable and cash guarantees | 285/8 | €69,210 | €80,558 | +€11,348 | +16.4% |
| Current assets | 29/58 | €6,862,735 | €7,662,274 | +€799,539 | +11.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €6,744,192 | €6,496,379 | -€247,813 | -3.7% |
| Trade receivables | 40 | €6,605,421 | €6,111,643 | -€493,778 | -7.5% |
| Other amounts receivable | 41 | €138,772 | €384,736 | +€245,965 | +177% |
| Cash at bank and in hand | 54/58 | €118,543 | €1,165,895 | +€1.0m | +884% |
| Total equity and liabilities | 10/49 | €7,014,239 | €7,830,223 | +€815,983 | +11.6% |
| Equity | 10/15 | €1,275,800 | €2,031,793 | +€755,993 | +59.3% |
| Contributions | 10/11 | €530,000 | €530,000 | = | 0.0% |
| Reserves | 13 | €216 | €216 | = | 0.0% |
| Non-distributable reserves | 130/1 | €216 | €216 | = | 0.0% |
| Reserves not available under the articles | 1311 | €216 | €216 | = | 0.0% |
| Profit (loss) carried forward | 14 | €745,584 | €1,501,577 | +€755,993 | +101% |
| Amounts payable | 17/49 | €5,738,439 | €5,798,430 | +€59,991 | +1.0% |
| Amounts payable within one year | 42/48 | €5,738,439 | €5,798,430 | +€59,991 | +1.0% |
| Trade debts | 44 | €1,293,894 | €1,504,960 | +€211,066 | +16.3% |
| Suppliers | 440/4 | €1,293,894 | €1,504,960 | +€211,066 | +16.3% |
| Advances received on contracts in progress | 46 | €0 | €2,250,011 | +€2.3m | |
| Taxes, remuneration and social security | 45 | €776,361 | €1,503,078 | +€726,717 | +93.6% |
| Taxes | 450/3 | €169,544 | €499,461 | +€329,917 | +195% |
| Remuneration and social security | 454/9 | €606,817 | €1,003,617 | +€396,800 | +65.4% |
| Other amounts payable | 47/48 | €3,668,184 | €540,381 | -€3.1m | -85.3% |
| Operating income | 70/76A | €12,087,320 | €16,298,968 | +€4.2m | +34.8% |
| Turnover | 70 | €11,958,195 | €16,114,191 | +€4.2m | +34.8% |
| Other operating income | 74 | €129,125 | €184,777 | +€55,652 | +43.1% |
| Operating charges | 60/66A | €11,509,399 | €15,140,567 | +€3.6m | +31.5% |
| Goods for resale, raw materials and consumables | 60 | €3,797,687 | €6,152,815 | +€2.4m | +62.0% |
| Purchases | 600/8 | €3,797,687 | €6,152,815 | +€2.4m | +62.0% |
| Services and other goods | 61 | €1,644,608 | €1,434,492 | -€210,116 | -12.8% |
| Remuneration, social security and pensions | 62 | €6,057,656 | €7,540,062 | +€1.5m | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,448 | €13,154 | +€3,706 | +39.2% |
| Other operating charges | 640/8 | - | €44 | +€44 | |
| Operating profit (loss) | 9901 | €577,921 | €1,158,401 | +€580,479 | +100% |
| Financial charges | 65/66B | €558,435 | €150,527 | -€407,908 | -73.0% |
| Recurring financial charges | 65 | €558,435 | €150,527 | -€407,908 | -73.0% |
| Debt charges | 650 | €550,256 | €141,751 | -€408,505 | -74.2% |
| Other financial charges | 652/9 | €8,179 | €8,776 | +€597 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €19,487 | €1,007,874 | +€988,388 | +5,072% |
| Income taxes | 67/77 | €4,959 | €251,881 | +€246,922 | +4,979% |
| Taxes | 670/3 | €4,959 | €251,881 | +€246,922 | +4,979% |
| Profit (loss) for the period | 9904 | €14,528 | €755,993 | +€741,465 | +5,104% |
| Profit (loss) for the period to be appropriated | 9905 | €14,528 | €755,993 | +€741,465 | +5,104% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.