CAHAYA: 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.
CAHAYA
Largest movements
- Cash +€10,866
up €10,866 (+30.9%), from €35,156 to €46,021
mainly Net result for the year (+€13,237) and Depreciation (+€2,164)
- Intangible fixed assets -€2,000
down €2,000 (-10.6%), from €18,880 to €16,880
- Receivables within one year -€1,143
down €1,143 (-29.4%), from €3,885 to €2,742
- Reserves +€13,000
up €13,000 (+90.5%), from €14,360 to €27,360
of which Distributable reserves: +€13,000
- Current portion of long-term debt -€4,464
no longer reported in 2025 (was €4,464)
- Debts after one year -€1,878
down €1,878 (-16.5%), from €11,365 to €9,486
- Depreciation +€558
up €558 (+34.8%), from €1,606 to €2,164
- Gross operating margin +€344
up €344 (+1.6%), from €21,601 to €21,945
- Taxes +€258
up €258 (+4.9%), from €5,234 to €5,492
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 | €58,084 | €65,643 | +€7,559 | +13.0% |
| Fixed assets | 21/28 | €19,043 | €16,880 | -€2,164 | -11.4% |
| Intangible fixed assets | 21 | €18,880 | €16,880 | -€2,000 | -10.6% |
| Tangible fixed assets | 22/27 | €164 | - | -€164 | |
| Furniture and vehicles | 24 | €164 | - | -€164 | |
| Current assets | 29/58 | €39,041 | €48,763 | +€9,723 | +24.9% |
| Amounts receivable within one year | 40/41 | €3,885 | €2,742 | -€1,143 | -29.4% |
| Trade receivables | 40 | €3,885 | €2,742 | -€1,143 | -29.4% |
| Cash at bank and in hand | 54/58 | €35,156 | €46,021 | +€10,866 | +30.9% |
| Total equity and liabilities | 10/49 | €58,084 | €65,643 | +€7,559 | +13.0% |
| Equity | 10/15 | €31,215 | €44,451 | +€13,237 | +42.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,360 | €27,360 | +€13,000 | +90.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,500 | €25,500 | +€13,000 | +104% |
| Profit (loss) carried forward | 14 | €4,455 | €4,691 | +€237 | +5.3% |
| Amounts payable | 17/49 | €26,869 | €21,192 | -€5,678 | -21.1% |
| Amounts payable after more than one year | 17 | €11,365 | €9,486 | -€1,878 | -16.5% |
| Financial debts | 170/4 | €11,365 | €9,486 | -€1,878 | -16.5% |
| Amounts payable within one year | 42/48 | €15,505 | €11,705 | -€3,799 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €4,464 | - | -€4,464 | |
| Trade debts | 44 | €932 | €1,275 | +€343 | +36.7% |
| Suppliers | 440/4 | €932 | €1,275 | +€343 | +36.7% |
| Taxes, remuneration and social security | 45 | €10,104 | €10,227 | +€124 | +1.2% |
| Taxes | 450/3 | €10,104 | €10,227 | +€124 | +1.2% |
| Other amounts payable | 47/48 | €4 | €203 | +€199 | +4,552% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,606 | €2,164 | +€558 | +34.8% |
| Other operating charges | 640/8 | €662 | €612 | -€51 | -7.7% |
| Gross operating margin | 9900 | €21,601 | €21,945 | +€344 | +1.6% |
| Operating profit (loss) | 9901 | €19,333 | €19,170 | -€163 | -0.8% |
| Financial income | 75/76B | €54 | €257 | +€203 | +375% |
| Recurring financial income | 75 | €54 | €257 | +€203 | +375% |
| Financial charges | 65/66B | €748 | €698 | -€50 | -6.7% |
| Recurring financial charges | 65 | €748 | €698 | -€50 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €18,639 | €18,728 | +€90 | +0.5% |
| Income taxes | 67/77 | €5,234 | €5,492 | +€258 | +4.9% |
| Profit (loss) for the period | 9904 | €13,405 | €13,237 | -€169 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,405 | €13,237 | -€169 | -1.3% |
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 23 October 2026 via checked.be.