CAGOCO: 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.
CAGOCO
Largest movements
- Cash +€60,261
up €60,261 (+113%), from €53,537 to €113,798
mainly Net result for the year (+€37,078) and Tax, wage and social debts (+€20,115)
- Reserves +€35,412
up €35,412 (+93.4%), from €37,924 to €73,335
- Tax, wage and social debts +€20,115
up €20,115 (+93.2%), from €21,590 to €41,705
of which Taxes: +€16,884
- Trade debts +€2,933
up €2,933 (+218%), from €1,347 to €4,281
- Taxes +€3,074
up €3,074 (+22.8%), from €13,467 to €16,541
- Other operating charges -€732
down €732 (-25.6%), from €2,858 to €2,126
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 | €71,556 | €131,402 | +€59,846 | +83.6% |
| Current assets | 29/58 | €71,556 | €131,402 | +€59,846 | +83.6% |
| Amounts receivable within one year | 40/41 | €16,668 | €16,210 | -€457 | -2.7% |
| Trade receivables | 40 | €16,668 | €16,210 | -€457 | -2.7% |
| Cash at bank and in hand | 54/58 | €53,537 | €113,798 | +€60,261 | +113% |
| Deferred charges and accrued income | 490/1 | €1,351 | €1,393 | +€42 | +3.1% |
| Total equity and liabilities | 10/49 | €71,556 | €131,402 | +€59,846 | +83.6% |
| Equity | 10/15 | €40,924 | €76,335 | +€35,412 | +86.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €37,924 | €73,335 | +€35,412 | +93.4% |
| Distributable reserves | 133 | €37,924 | €73,335 | +€35,412 | +93.4% |
| Amounts payable | 17/49 | €30,632 | €55,066 | +€24,434 | +79.8% |
| Amounts payable within one year | 42/48 | €30,632 | €54,766 | +€24,134 | +78.8% |
| Trade debts | 44 | €1,347 | €4,281 | +€2,933 | +218% |
| Suppliers | 440/4 | €1,347 | €4,281 | +€2,933 | +218% |
| Taxes, remuneration and social security | 45 | €21,590 | €41,705 | +€20,115 | +93.2% |
| Taxes | 450/3 | €21,590 | €38,474 | +€16,884 | +78.2% |
| Remuneration and social security | 454/9 | - | €3,231 | +€3,231 | |
| Other amounts payable | 47/48 | €7,694 | €8,781 | +€1,086 | +14.1% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Other operating charges | 640/8 | €2,858 | €2,126 | -€732 | -25.6% |
| Gross operating margin | 9900 | €55,975 | €56,366 | +€390 | +0.7% |
| Operating profit (loss) | 9901 | €53,117 | €54,240 | +€1,122 | +2.1% |
| Financial income | 75/76B | €4 | €1 | -€4 | -85.4% |
| Recurring financial income | 75 | €4 | €1 | -€4 | -85.4% |
| Financial charges | 65/66B | €64 | €622 | +€558 | +866% |
| Recurring financial charges | 65 | €64 | €622 | +€558 | +866% |
| Profit (loss) for the period before taxes | 9903 | €53,057 | €53,618 | +€561 | +1.1% |
| Income taxes | 67/77 | €13,467 | €16,541 | +€3,074 | +22.8% |
| Profit (loss) for the period | 9904 | €39,590 | €37,078 | -€2,512 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,590 | €37,078 | -€2,512 | -6.3% |
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.