Cairo Holding: 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.
Cairo Holding
Largest movements
- Cash -€40,570
down €40,570 (-39.1%), from €103,733 to €63,163
mainly Other debts (-€91,281) and Investment in fixed assets (net) (-€4,462)
- Tangible fixed assets +€3,692
new in 2024: €3,692
- Receivables within one year +€2,875
up €2,875, from €0 to €2,875
of which Trade receivables: +€2,667
- Other debts -€91,281
down €91,281 (-17.1%), from €533,194 to €441,913
- Profit (loss) carried forward +€51,415
up €51,415 (+11.5%), from -€448,446 to -€397,031
- Tax, wage and social debts +€5,265
new in 2024: €5,265
- Financial charges -€410,626
down €410,626 (-100.0%), from €410,779 to €153
- Gross operating margin +€61,766
up €61,766, from -€3,779 to €57,987
- Taxes +€5,265
new in 2024: €5,265
- Depreciation +€770
new in 2024: €770
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 | €103,733 | €69,730 | -€34,003 | -32.8% |
| Fixed assets | 21/28 | €0 | €3,692 | +€3,692 | |
| Tangible fixed assets | 22/27 | - | €3,692 | +€3,692 | |
| Furniture and vehicles | 24 | - | €3,692 | +€3,692 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €103,733 | €66,038 | -€37,695 | -36.3% |
| Amounts receivable within one year | 40/41 | €0 | €2,875 | +€2,875 | |
| Trade receivables | 40 | - | €2,667 | +€2,667 | |
| Other amounts receivable | 41 | €0 | €208 | +€208 | |
| Cash at bank and in hand | 54/58 | €103,733 | €63,163 | -€40,570 | -39.1% |
| Total equity and liabilities | 10/49 | €103,733 | €69,730 | -€34,003 | -32.8% |
| Equity | 10/15 | -€429,846 | -€378,431 | +€51,415 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€448,446 | -€397,031 | +€51,415 | +11.5% |
| Amounts payable | 17/49 | €533,578 | €448,161 | -€85,418 | -16.0% |
| Amounts payable within one year | 42/48 | €533,578 | €448,161 | -€85,418 | -16.0% |
| Trade debts | 44 | €384 | €983 | +€599 | +155.8% |
| Suppliers | 440/4 | €384 | €983 | +€599 | +155.8% |
| Taxes, remuneration and social security | 45 | - | €5,265 | +€5,265 | |
| Taxes | 450/3 | - | €5,265 | +€5,265 | |
| Other amounts payable | 47/48 | €533,194 | €441,913 | -€91,281 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €770 | +€770 | |
| Other operating charges | 640/8 | €384 | €384 | = | 0.0% |
| Gross operating margin | 9900 | -€3,779 | €57,987 | +€61,766 | |
| Operating profit (loss) | 9901 | -€4,163 | €56,833 | +€60,996 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €410,779 | €153 | -€410,626 | -100.0% |
| Recurring financial charges | 65 | €410,779 | €153 | -€410,626 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€414,942 | €56,679 | +€471,622 | |
| Income taxes | 67/77 | - | €5,265 | +€5,265 | |
| Profit (loss) for the period | 9904 | -€414,942 | €51,415 | +€466,357 | |
| Profit (loss) for the period to be appropriated | 9905 | -€414,942 | €51,415 | +€466,357 |
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 8 October 2026 via checked.be.