Cairtakers: 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.
Cairtakers
Largest movements
- Stocks and contracts -€34,636
down €34,636 (-31.1%), from €111,276 to €76,641
- Receivables within one year -€29,064
down €29,064 (-10.7%), from €270,775 to €241,712
of which Trade receivables: -€18,765
- Cash -€16,841
down €16,841 (-34.6%), from €48,724 to €31,883
mainly Net result for the year (-€83,312) and Trade debts (-€5,753)
- Tangible fixed assets -€6,731
down €6,731 (-100.0%), from €6,731 to €0
- Profit (loss) carried forward -€83,312
down €83,312 (-43.3%), from -€192,320 to -€275,632
- Trade debts -€5,753
down €5,753 (-3.5%), from €164,600 to €158,847
- Gross operating margin -€39,005
down €39,005 (-94.7%), from -€41,202 to -€80,207
- Depreciation -€3,298
down €3,298 (-59.9%), from €5,502 to €2,204
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.
Cash bridge derived
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 | €447,471 | €355,745 | -€91,726 | -20.5% |
| Fixed assets | 21/28 | €16,695 | €5,510 | -€11,185 | -67.0% |
| Intangible fixed assets | 21 | €7,714 | €5,510 | -€2,204 | -28.6% |
| Tangible fixed assets | 22/27 | €6,731 | €0 | -€6,731 | -100.0% |
| Plant, machinery and equipment | 23 | €6,731 | €0 | -€6,731 | -100.0% |
| Financial fixed assets | 28 | €2,250 | €0 | -€2,250 | -100.0% |
| Current assets | 29/58 | €430,776 | €350,235 | -€80,541 | -18.7% |
| Stocks and contracts in progress | 3 | €111,276 | €76,641 | -€34,636 | -31.1% |
| Stocks | 30/36 | €111,276 | €76,641 | -€34,636 | -31.1% |
| Amounts receivable within one year | 40/41 | €270,775 | €241,712 | -€29,064 | -10.7% |
| Trade receivables | 40 | €260,476 | €241,712 | -€18,765 | -7.2% |
| Other amounts receivable | 41 | €10,299 | €0 | -€10,299 | -100.0% |
| Cash at bank and in hand | 54/58 | €48,724 | €31,883 | -€16,841 | -34.6% |
| Total equity and liabilities | 10/49 | €447,471 | €355,745 | -€91,726 | -20.5% |
| Equity | 10/15 | -€22,320 | -€105,632 | -€83,312 | -373.3% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€192,320 | -€275,632 | -€83,312 | -43.3% |
| Amounts payable | 17/49 | €469,791 | €461,377 | -€8,414 | -1.8% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 170/4 | €300,000 | €300,000 | = | 0.0% |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €169,791 | €161,377 | -€8,414 | -5.0% |
| Trade debts | 44 | €164,600 | €158,847 | -€5,753 | -3.5% |
| Suppliers | 440/4 | €164,600 | €158,847 | -€5,753 | -3.5% |
| Taxes, remuneration and social security | 45 | €0 | €779 | +€779 | |
| Taxes | 450/3 | €0 | €779 | +€779 | |
| Other amounts payable | 47/48 | €5,191 | €1,751 | -€3,440 | -66.3% |
| Remuneration, social security and pensions | 62 | -€48 | €0 | +€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,502 | €2,204 | -€3,298 | -59.9% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€41,202 | -€80,207 | -€39,005 | -94.7% |
| Operating profit (loss) | 9901 | -€47,161 | -€82,930 | -€35,769 | -75.8% |
| Financial income | 75/76B | €104 | €1 | -€103 | -99.4% |
| Recurring financial income | 75 | €104 | €1 | -€103 | -99.4% |
| Financial charges | 65/66B | €388 | €382 | -€6 | -1.5% |
| Recurring financial charges | 65 | €388 | €382 | -€6 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€47,445 | -€83,312 | -€35,866 | -75.6% |
| Profit (loss) for the period | 9904 | -€47,445 | -€83,312 | -€35,866 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,445 | -€83,312 | -€35,866 | -75.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.