CAFES CORDIER: 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.
CAFES CORDIER
Largest movements
- Receivables within one year -€86,075
down €86,075 (-9.2%), from €936,570 to €850,496
of which Trade receivables: -€49,582
- Tangible fixed assets -€60,136
down €60,136 (-37.2%), from €161,465 to €101,328
of which Plant, machinery and equipment: -€58,565
- Trade debts -€126,964
down €126,964 (-12.6%), from €1.0m to €877,217
- Reserves +€37,638
up €37,638 (+7.3%), from €515,854 to €553,492
of which Distributable reserves: +€19,114
- Current portion of long-term debt -€20,308
down €20,308 (-37.3%), from €54,450 to €34,142
- Debts after one year -€19,512
down €19,512 (-22.3%), from €87,425 to €67,913
- Financial charges +€28,313
up €28,313 (+146%), from €19,343 to €47,656
- Financial income -€24,445
down €24,445 (-47.8%), from €51,182 to €26,737
of which Financial income: -€18,445
- Gross operating margin +€16,635
up €16,635 (+9.3%), from €178,311 to €194,945
- Taxes -€12,315
down €12,315 (-47.2%), from €26,098 to €13,784
- Staff costs +€6,447
up €6,447 (+12.6%), from €51,316 to €57,763
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,839,415 | €1,712,719 | -€126,696 | -6.9% |
| Fixed assets | 21/28 | €162,089 | €101,952 | -€60,136 | -37.1% |
| Tangible fixed assets | 22/27 | €161,465 | €101,328 | -€60,136 | -37.2% |
| Plant, machinery and equipment | 23 | €157,366 | €98,800 | -€58,565 | -37.2% |
| Furniture and vehicles | 24 | €4,099 | €2,528 | -€1,571 | -38.3% |
| Financial fixed assets | 28 | €624 | €624 | = | 0.0% |
| Current assets | 29/58 | €1,677,326 | €1,610,766 | -€66,560 | -4.0% |
| Stocks and contracts in progress | 3 | €539,396 | €555,009 | +€15,613 | +2.9% |
| Stocks | 30/36 | €539,396 | €555,009 | +€15,613 | +2.9% |
| Amounts receivable within one year | 40/41 | €936,570 | €850,496 | -€86,075 | -9.2% |
| Trade receivables | 40 | €789,181 | €739,599 | -€49,582 | -6.3% |
| Other amounts receivable | 41 | €147,390 | €110,897 | -€36,493 | -24.8% |
| Cash at bank and in hand | 54/58 | €179,593 | €194,661 | +€15,068 | +8.4% |
| Deferred charges and accrued income | 490/1 | €21,766 | €10,600 | -€11,166 | -51.3% |
| Total equity and liabilities | 10/49 | €1,839,415 | €1,712,719 | -€126,696 | -6.9% |
| Equity | 10/15 | €659,856 | €695,391 | +€35,535 | +5.4% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €515,854 | €553,492 | +€37,638 | +7.3% |
| Tax-exempt reserves | 132 | €126,300 | €144,824 | +€18,524 | +14.7% |
| Distributable reserves | 133 | €389,554 | €408,668 | +€19,114 | +4.9% |
| Profit (loss) carried forward | 14 | €42,590 | €42,590 | = | 0.0% |
| Investment grants | 15 | €8,412 | €6,309 | -€2,103 | -25.0% |
| Amounts payable | 17/49 | €1,179,559 | €1,017,328 | -€162,231 | -13.8% |
| Amounts payable after more than one year | 17 | €87,425 | €67,913 | -€19,512 | -22.3% |
| Financial debts | 170/4 | €87,425 | €67,913 | -€19,512 | -22.3% |
| Amounts payable within one year | 42/48 | €1,092,133 | €949,415 | -€142,718 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €54,450 | €34,142 | -€20,308 | -37.3% |
| Trade debts | 44 | €1,004,181 | €877,217 | -€126,964 | -12.6% |
| Suppliers | 440/4 | €1,004,181 | €877,217 | -€126,964 | -12.6% |
| Taxes, remuneration and social security | 45 | €6,351 | €19,809 | +€13,458 | +212% |
| Taxes | 450/3 | €340 | €13,206 | +€12,865 | +3,779% |
| Remuneration and social security | 454/9 | €6,011 | €6,603 | +€592 | +9.9% |
| Other amounts payable | 47/48 | €27,151 | €18,247 | -€8,904 | -32.8% |
| Remuneration, social security and pensions | 62 | €51,316 | €57,763 | +€6,447 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,481 | €60,136 | +€1,656 | +2.8% |
| Other operating charges | 640/8 | €4,730 | €4,705 | -€25 | -0.5% |
| Gross operating margin | 9900 | €178,311 | €194,945 | +€16,635 | +9.3% |
| Operating profit (loss) | 9901 | €63,784 | €72,341 | +€8,557 | +13.4% |
| Financial income | 75/76B | €51,182 | €26,737 | -€24,445 | -47.8% |
| Recurring financial income | 75 | €45,182 | €26,737 | -€18,445 | -40.8% |
| Non-recurring financial income | 76B | €6,000 | - | -€6,000 | |
| Financial charges | 65/66B | €19,343 | €47,656 | +€28,313 | +146% |
| Recurring financial charges | 65 | €19,343 | €47,656 | +€28,313 | +146% |
| Profit (loss) for the period before taxes | 9903 | €95,622 | €51,421 | -€44,201 | -46.2% |
| Income taxes | 67/77 | €26,098 | €13,784 | -€12,315 | -47.2% |
| Profit (loss) for the period | 9904 | €69,524 | €37,638 | -€31,886 | -45.9% |
| Transfer to tax-exempt reserves | 689 | - | €18,524 | +€18,524 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,524 | €19,114 | -€50,410 | -72.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.