CAIMAN: what changed
Two fiscal 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.
CAIMAN
Largest movements
- Cash +€17,078
up €17,078 (+120.0%), from €14,233 to €31,311
mainly Net result for the year (+€7,359) and Depreciation (+€6,485)
- Tangible fixed assets -€6,485
down €6,485 (-35.5%), from €18,266 to €11,781
of which Furniture and vehicles: -€5,821
- Receivables within one year -€1,044
down €1,044 (-4.0%), from €26,191 to €25,147
of which Other amounts receivable: -€1,493
- Reserves +€6,500
up €6,500 (+26.4%), from €24,598 to €31,097
- Accrued charges and deferred income +€1,476
up €1,476 (+10.7%), from €13,798 to €15,274
- Tax, wage and social debts +€1,016
up €1,016 (+55.7%), from €1,822 to €2,838
- Gross operating margin +€5,304
up €5,304 (+44.6%), from €11,891 to €17,195
- Write-downs -€2,306
no longer reported in 2024 (was €2,306)
- Taxes +€1,639
up €1,639 (+158.8%), from €1,032 to €2,672
- Depreciation +€1,231
up €1,231 (+23.4%), from €5,254 to €6,485
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.
Cash bridge derived
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 | €61,971 | €71,637 | +€9,667 | +15.6% |
| Fixed assets | 21/28 | €18,266 | €11,781 | -€6,485 | -35.5% |
| Tangible fixed assets | 22/27 | €18,266 | €11,781 | -€6,485 | -35.5% |
| Plant, machinery and equipment | 23 | €352 | €50 | -€302 | -85.7% |
| Furniture and vehicles | 24 | €16,276 | €10,455 | -€5,821 | -35.8% |
| Other tangible fixed assets | 26 | €1,637 | €1,276 | -€362 | -22.1% |
| Current assets | 29/58 | €43,705 | €59,856 | +€16,151 | +37.0% |
| Stocks and contracts in progress | 3 | €2,306 | €2,306 | = | 0.0% |
| Stocks | 30/36 | €2,306 | €2,306 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,191 | €25,147 | -€1,044 | -4.0% |
| Trade receivables | 40 | €23,948 | €24,398 | +€450 | +1.9% |
| Other amounts receivable | 41 | €2,243 | €750 | -€1,493 | -66.6% |
| Cash at bank and in hand | 54/58 | €14,233 | €31,311 | +€17,078 | +120.0% |
| Deferred charges and accrued income | 490/1 | €974 | €1,092 | +€117 | +12.0% |
| Total equity and liabilities | 10/49 | €61,971 | €71,637 | +€9,667 | +15.6% |
| Equity | 10/15 | €44,598 | €51,097 | +€6,500 | +14.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €24,598 | €31,097 | +€6,500 | +26.4% |
| Distributable reserves | 133 | €24,598 | €31,097 | +€6,500 | +26.4% |
| Amounts payable | 17/49 | €17,373 | €20,540 | +€3,167 | +18.2% |
| Amounts payable within one year | 42/48 | €3,575 | €5,266 | +€1,691 | +47.3% |
| Trade debts | 44 | €760 | €739 | -€21 | -2.8% |
| Suppliers | 440/4 | €760 | €739 | -€21 | -2.8% |
| Taxes, remuneration and social security | 45 | €1,822 | €2,838 | +€1,016 | +55.7% |
| Taxes | 450/3 | €1,822 | €2,838 | +€1,016 | +55.7% |
| Other amounts payable | 47/48 | €992 | €1,689 | +€696 | +70.2% |
| Accrued charges and deferred income | 492/3 | €13,798 | €15,274 | +€1,476 | +10.7% |
| Non-recurring operating income | 76A | €3,393 | - | -€3,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,254 | €6,485 | +€1,231 | +23.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,306 | - | -€2,306 | |
| Other operating charges | 640/8 | €557 | €565 | +€7 | +1.3% |
| Gross operating margin | 9900 | €11,891 | €17,195 | +€5,304 | +44.6% |
| Operating profit (loss) | 9901 | €3,774 | €10,145 | +€6,372 | +168.9% |
| Financial income | 75/76B | €54 | €4 | -€49 | -91.9% |
| Recurring financial income | 75 | €54 | €4 | -€49 | -91.9% |
| Financial charges | 65/66B | €42 | €119 | +€77 | +183.8% |
| Recurring financial charges | 65 | €42 | €119 | +€77 | +183.8% |
| Profit (loss) for the period before taxes | 9903 | €3,785 | €10,030 | +€6,245 | +165.0% |
| Income taxes | 67/77 | €1,032 | €2,672 | +€1,639 | +158.8% |
| Profit (loss) for the period | 9904 | €2,753 | €7,359 | +€4,606 | +167.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,753 | €7,359 | +€4,606 | +167.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.