Cahanaj: 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.
Cahanaj
Largest movements
- Cash +€40,617
up €40,617 (+37.4%), from €108,457 to €149,074
mainly Net result for the year (+€67,752) and Tax, wage and social debts (+€19,030)
- Receivables within one year -€13,915
down €13,915 (-13.1%), from €106,577 to €92,662
of which Trade receivables: -€59,274
- Tangible fixed assets -€3,337
down €3,337 (-53.7%), from €6,219 to €2,881
- Profit (loss) carried forward +€67,752
up €67,752 (+107%), from €63,241 to €130,992
- Trade debts -€47,569
down €47,569 (-54.2%), from €87,719 to €40,150
- Tax, wage and social debts +€19,030
up €19,030 (+53.1%), from €35,829 to €54,859
of which Taxes: +€15,409
- Other debts -€15,781
no longer reported in 2024 (was €15,781)
- Gross operating margin -€53,079
down €53,079 (-34.9%), from €152,057 to €98,978
- Taxes -€11,659
down €11,659 (-40.6%), from €28,697 to €17,038
- Financial charges -€4,985
down €4,985 (-57.9%), from €8,604 to €3,619
- Staff costs +€3,651
up €3,651 (+114%), from €3,201 to €6,852
- Financial income +€1,549
new in 2024: €1,549
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,570 | €264,001 | +€23,431 | +9.7% |
| Fixed assets | 21/28 | €6,219 | €2,881 | -€3,337 | -53.7% |
| Tangible fixed assets | 22/27 | €6,219 | €2,881 | -€3,337 | -53.7% |
| Plant, machinery and equipment | 23 | €6,219 | €2,881 | -€3,337 | -53.7% |
| Current assets | 29/58 | €234,351 | €261,120 | +€26,768 | +11.4% |
| Stocks and contracts in progress | 3 | €19,250 | €19,250 | = | 0.0% |
| Stocks | 30/36 | €19,250 | €19,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €106,577 | €92,662 | -€13,915 | -13.1% |
| Trade receivables | 40 | €106,577 | €47,303 | -€59,274 | -55.6% |
| Other amounts receivable | 41 | - | €45,359 | +€45,359 | |
| Cash at bank and in hand | 54/58 | €108,457 | €149,074 | +€40,617 | +37.4% |
| Deferred charges and accrued income | 490/1 | €67 | €134 | +€67 | +100% |
| Total equity and liabilities | 10/49 | €240,570 | €264,001 | +€23,431 | +9.7% |
| Equity | 10/15 | €101,241 | €168,992 | +€67,752 | +66.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,241 | €130,992 | +€67,752 | +107% |
| Amounts payable | 17/49 | €139,329 | €95,009 | -€44,321 | -31.8% |
| Amounts payable within one year | 42/48 | €139,329 | €95,009 | -€44,321 | -31.8% |
| Trade debts | 44 | €87,719 | €40,150 | -€47,569 | -54.2% |
| Suppliers | 440/4 | €87,719 | €40,150 | -€47,569 | -54.2% |
| Taxes, remuneration and social security | 45 | €35,829 | €54,859 | +€19,030 | +53.1% |
| Taxes | 450/3 | €31,829 | €47,237 | +€15,409 | +48.4% |
| Remuneration and social security | 454/9 | €4,000 | €7,622 | +€3,622 | +90.5% |
| Other amounts payable | 47/48 | €15,781 | - | -€15,781 | |
| Remuneration, social security and pensions | 62 | €3,201 | €6,852 | +€3,651 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,793 | €3,337 | -€456 | -12.0% |
| Other operating charges | 640/8 | €2,521 | €1,930 | -€592 | -23.5% |
| Gross operating margin | 9900 | €152,057 | €98,978 | -€53,079 | -34.9% |
| Operating profit (loss) | 9901 | €142,542 | €86,859 | -€55,683 | -39.1% |
| Financial income | 75/76B | - | €1,549 | +€1,549 | |
| Recurring financial income | 75 | - | €1,549 | +€1,549 | |
| Financial charges | 65/66B | €8,604 | €3,619 | -€4,985 | -57.9% |
| Recurring financial charges | 65 | €8,604 | €3,619 | -€4,985 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €133,938 | €84,790 | -€49,148 | -36.7% |
| Income taxes | 67/77 | €28,697 | €17,038 | -€11,659 | -40.6% |
| Profit (loss) for the period | 9904 | €105,241 | €67,752 | -€37,489 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €105,241 | €67,752 | -€37,489 | -35.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.