CAFEIN GROUP: 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.
CAFEIN GROUP
Largest movements
- Stocks and contracts -€15,619
down €15,619 (-100%), from €15,619 to €0
- Receivables within one year -€9,304
down €9,304 (-15.8%), from €59,001 to €49,697
of which Trade receivables: -€8,390
- Tangible fixed assets -€8,465
down €8,465 (-51.4%), from €16,467 to €8,002
- Cash +€1,048
up €1,048 (+139%), from €754 to €1,802
mainly Net result for the year (+€17,110) and Stocks and contracts (+€15,619)
- Trade debts -€34,860
down €34,860 (-69.0%), from €50,534 to €15,674
- Profit (loss) carried forward +€17,110
up €17,110 (+427,750%), from €4 to €17,114
- Current portion of long-term debt -€14,411
down €14,411 (-77.8%), from €18,534 to €4,123
- Debts after one year -€4,123
no longer reported in 2025 (was €4,123)
- Tax, wage and social debts +€2,302
up €2,302 (+19.4%), from €11,843 to €14,145
of which Taxes: +€1,447
- Gross operating margin +€36,815
up €36,815, from -€6,270 to €30,545
- Financial charges -€1,422
down €1,422 (-55.1%), from €2,580 to €1,158
- Financial income +€941
up €941 (+23,525%), from €4 to €945
- Depreciation +€792
up €792 (+7.6%), from €10,400 to €11,192
- Other operating charges -€364
down €364 (-17.8%), from €2,044 to €1,680
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 | €93,353 | €60,479 | -€32,874 | -35.2% |
| Fixed assets | 21/28 | €16,506 | €8,041 | -€8,465 | -51.3% |
| Tangible fixed assets | 22/27 | €16,467 | €8,002 | -€8,465 | -51.4% |
| Furniture and vehicles | 24 | €16,467 | €8,002 | -€8,465 | -51.4% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €76,847 | €52,438 | -€24,409 | -31.8% |
| Stocks and contracts in progress | 3 | €15,619 | €0 | -€15,619 | -100% |
| Stocks | 30/36 | €15,619 | €0 | -€15,619 | -100% |
| Amounts receivable within one year | 40/41 | €59,001 | €49,697 | -€9,304 | -15.8% |
| Trade receivables | 40 | €43,762 | €35,372 | -€8,390 | -19.2% |
| Other amounts receivable | 41 | €15,239 | €14,325 | -€914 | -6.0% |
| Cash at bank and in hand | 54/58 | €754 | €1,802 | +€1,048 | +139% |
| Deferred charges and accrued income | 490/1 | €1,473 | €939 | -€534 | -36.3% |
| Total equity and liabilities | 10/49 | €93,353 | €60,479 | -€32,874 | -35.2% |
| Equity | 10/15 | €8,064 | €25,174 | +€17,110 | +212% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4 | €17,114 | +€17,110 | +427,750% |
| Amounts payable | 17/49 | €85,289 | €35,305 | -€49,984 | -58.6% |
| Amounts payable after more than one year | 17 | €4,123 | - | -€4,123 | |
| Financial debts | 170/4 | €4,123 | - | -€4,123 | |
| Amounts payable within one year | 42/48 | €80,911 | €33,942 | -€46,969 | -58.1% |
| Current portion of amounts payable after more than one year | 42 | €18,534 | €4,123 | -€14,411 | -77.8% |
| Trade debts | 44 | €50,534 | €15,674 | -€34,860 | -69.0% |
| Suppliers | 440/4 | €50,534 | €15,674 | -€34,860 | -69.0% |
| Taxes, remuneration and social security | 45 | €11,843 | €14,145 | +€2,302 | +19.4% |
| Taxes | 450/3 | €11,843 | €13,290 | +€1,447 | +12.2% |
| Remuneration and social security | 454/9 | - | €855 | +€855 | |
| Accrued charges and deferred income | 492/3 | €255 | €1,363 | +€1,108 | +435% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,400 | €11,192 | +€792 | +7.6% |
| Other operating charges | 640/8 | €2,044 | €1,680 | -€364 | -17.8% |
| Non-recurring operating charges | 66A | €1,103 | €20 | -€1,083 | -98.2% |
| Gross operating margin | 9900 | -€6,270 | €30,545 | +€36,815 | |
| Operating profit (loss) | 9901 | -€19,817 | €17,653 | +€37,470 | |
| Financial income | 75/76B | €4 | €945 | +€941 | +23,525% |
| Recurring financial income | 75 | €4 | €945 | +€941 | +23,525% |
| Financial charges | 65/66B | €2,580 | €1,158 | -€1,422 | -55.1% |
| Recurring financial charges | 65 | €2,580 | €1,158 | -€1,422 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,393 | €17,440 | +€39,833 | |
| Income taxes | 67/77 | €438 | €330 | -€108 | -24.7% |
| Profit (loss) for the period | 9904 | -€22,831 | €17,110 | +€39,941 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,831 | €17,110 | +€39,941 |
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 19 October 2026 via checked.be.