CAFININVEST: 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.
CAFININVEST
Largest movements
- Deferred charges and accrued income +€248,106
up €248,106 (+13,097%), from €1,894 to €250,000
- Receivables after one year +€80,000
new in 2025: €80,000
- Cash +€44,148
up €44,148 (+85.3%), from €51,741 to €95,889
mainly Net result for the year (+€460,895) and Tax, wage and social debts (+€10,538)
- Reserves +€460,895
up €460,895 (+148%), from €312,435 to €773,331
- Debts after one year -€52,000
down €52,000 (-33.3%), from €156,000 to €104,000
- Other debts -€41,917
down €41,917 (-82.6%), from €50,770 to €8,853
- Financial income +€346,590
up €346,590 (+263%), from €131,694 to €478,284
- Taxes +€36,453
up €36,453 (+148%), from €24,641 to €61,094
- Gross operating margin +€11,882
up €11,882 (+24.5%), from €48,560 to €60,442
- Financial charges -€2,793
down €2,793 (-19.9%), from €14,026 to €11,233
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 | €807,368 | €1,182,103 | +€374,735 | +46.4% |
| Fixed assets | 21/28 | €724,693 | €727,174 | +€2,481 | +0.3% |
| Tangible fixed assets | 22/27 | €7,862 | €10,343 | +€2,481 | +31.6% |
| Furniture and vehicles | 24 | €651 | €890 | +€239 | +36.7% |
| Other tangible fixed assets | 26 | €7,211 | €9,453 | +€2,242 | +31.1% |
| Financial fixed assets | 28 | €716,831 | €716,831 | = | 0.0% |
| Current assets | 29/58 | €82,675 | €454,929 | +€372,254 | +450% |
| Amounts receivable after more than one year | 29 | - | €80,000 | +€80,000 | |
| Other amounts receivable | 291 | - | €80,000 | +€80,000 | |
| Amounts receivable within one year | 40/41 | €29,040 | €29,040 | = | 0.0% |
| Trade receivables | 40 | €29,040 | €29,040 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,741 | €95,889 | +€44,148 | +85.3% |
| Deferred charges and accrued income | 490/1 | €1,894 | €250,000 | +€248,106 | +13,097% |
| Total equity and liabilities | 10/49 | €807,368 | €1,182,103 | +€374,735 | +46.4% |
| Equity | 10/15 | €537,678 | €998,574 | +€460,895 | +85.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €312,435 | €773,331 | +€460,895 | +148% |
| Distributable reserves | 133 | €312,435 | €773,331 | +€460,895 | +148% |
| Profit (loss) carried forward | 14 | €204,783 | €204,783 | = | 0.0% |
| Amounts payable | 17/49 | €269,690 | €183,529 | -€86,161 | -31.9% |
| Amounts payable after more than one year | 17 | €156,000 | €104,000 | -€52,000 | -33.3% |
| Financial debts | 170/4 | €156,000 | €104,000 | -€52,000 | -33.3% |
| Amounts payable within one year | 42/48 | €113,690 | €79,529 | -€34,161 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €52,000 | €52,000 | = | 0.0% |
| Trade debts | 44 | €4,871 | €2,089 | -€2,782 | -57.1% |
| Suppliers | 440/4 | €4,871 | €2,089 | -€2,782 | -57.1% |
| Taxes, remuneration and social security | 45 | €6,049 | €16,587 | +€10,538 | +174% |
| Taxes | 450/3 | €6,049 | €16,587 | +€10,538 | +174% |
| Other amounts payable | 47/48 | €50,770 | €8,853 | -€41,917 | -82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,040 | €4,997 | -€44 | -0.9% |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | €48,560 | €60,442 | +€11,882 | +24.5% |
| Operating profit (loss) | 9901 | €43,018 | €54,938 | +€11,921 | +27.7% |
| Financial income | 75/76B | €131,694 | €478,284 | +€346,590 | +263% |
| Recurring financial income | 75 | €131,694 | €478,284 | +€346,590 | +263% |
| Financial charges | 65/66B | €14,026 | €11,233 | -€2,793 | -19.9% |
| Recurring financial charges | 65 | €14,026 | €11,233 | -€2,793 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €160,686 | €521,989 | +€361,303 | +225% |
| Income taxes | 67/77 | €24,641 | €61,094 | +€36,453 | +148% |
| Profit (loss) for the period | 9904 | €136,045 | €460,895 | +€324,850 | +239% |
| Profit (loss) for the period to be appropriated | 9905 | €136,045 | €460,895 | +€324,850 | +239% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.