Cage Consulting: 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.
Cage Consulting
Largest movements
- Cash +€7,716
up €7,716 (+158%), from €4,872 to €12,588
mainly Net result for the year (+€7,245) and Other debts (+€2,379)
- Receivables within one year +€3,450
up €3,450 (+30.0%), from €11,482 to €14,931
of which Other amounts receivable: +€4,098
- Reserves +€10,855
new in 2025: €10,855
- Profit (loss) carried forward -€3,610
no longer reported in 2025 (was €3,610)
- Other debts +€2,379
up €2,379 (+195%), from €1,220 to €3,599
- Tax, wage and social debts +€1,107
up €1,107 (+13.9%), from €7,937 to €9,044
- Trade debts +€654
up €654 (+95.7%), from €684 to €1,338
- Gross operating margin +€4,451
up €4,451 (+47.5%), from €9,376 to €13,827
- Depreciation -€2,735
no longer reported in 2025 (was €2,735)
- Financial charges +€1,473
up €1,473 (+112%), from €1,319 to €2,792
- Other operating charges +€1,410
up €1,410 (+1,337%), from €106 to €1,516
- Taxes +€1,108
up €1,108 (+68.9%), from €1,608 to €2,716
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 | €16,450 | €27,835 | +€11,385 | +69.2% |
| Current assets | 29/58 | €16,450 | €27,835 | +€11,385 | +69.2% |
| Amounts receivable within one year | 40/41 | €11,482 | €14,931 | +€3,450 | +30.0% |
| Trade receivables | 40 | €11,482 | €10,833 | -€649 | -5.6% |
| Other amounts receivable | 41 | - | €4,098 | +€4,098 | |
| Cash at bank and in hand | 54/58 | €4,872 | €12,588 | +€7,716 | +158% |
| Deferred charges and accrued income | 490/1 | €96 | €316 | +€219 | +227% |
| Total equity and liabilities | 10/49 | €16,450 | €27,835 | +€11,385 | +69.2% |
| Equity | 10/15 | €6,610 | €13,855 | +€7,245 | +110% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €10,855 | +€10,855 | |
| Distributable reserves | 133 | - | €10,855 | +€10,855 | |
| Profit (loss) carried forward | 14 | €3,610 | - | -€3,610 | |
| Amounts payable | 17/49 | €9,840 | €13,981 | +€4,140 | +42.1% |
| Amounts payable within one year | 42/48 | €9,840 | €13,981 | +€4,140 | +42.1% |
| Trade debts | 44 | €684 | €1,338 | +€654 | +95.7% |
| Suppliers | 440/4 | €684 | €1,338 | +€654 | +95.7% |
| Taxes, remuneration and social security | 45 | €7,937 | €9,044 | +€1,107 | +13.9% |
| Taxes | 450/3 | €7,937 | €9,044 | +€1,107 | +13.9% |
| Other amounts payable | 47/48 | €1,220 | €3,599 | +€2,379 | +195% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,735 | - | -€2,735 | |
| Other operating charges | 640/8 | €106 | €1,516 | +€1,410 | +1,337% |
| Gross operating margin | 9900 | €9,376 | €13,827 | +€4,451 | +47.5% |
| Operating profit (loss) | 9901 | €6,536 | €12,311 | +€5,775 | +88.4% |
| Financial income | 75/76B | €1 | €441 | +€441 | +66,759% |
| Recurring financial income | 75 | €1 | €441 | +€441 | +66,759% |
| Financial charges | 65/66B | €1,319 | €2,792 | +€1,473 | +112% |
| Recurring financial charges | 65 | €1,319 | €2,792 | +€1,473 | +112% |
| Profit (loss) for the period before taxes | 9903 | €5,218 | €9,960 | +€4,743 | +90.9% |
| Income taxes | 67/77 | €1,608 | €2,716 | +€1,108 | +68.9% |
| Profit (loss) for the period | 9904 | €3,610 | €7,245 | +€3,635 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €3,610 | €7,245 | +€3,635 | +101% |
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 15 October 2026 via checked.be.