CAIRYS: 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.
CAIRYS
Largest movements
- Tangible fixed assets -€6,224
down €6,224 (-44.8%), from €13,894 to €7,670
- Receivables within one year -€4,862
down €4,862 (-3.4%), from €142,510 to €137,648
of which Other amounts receivable: -€13,444
- Cash -€3,622
down €3,622 (-66.9%), from €5,412 to €1,790
mainly Advances received (-€20,508) and Trade debts (-€2,088)
- Advances received -€20,508
down €20,508 (-31.8%), from €64,508 to €44,000
- Profit (loss) carried forward +€7,938
up €7,938 (+22.9%), from €34,638 to €42,576
- Trade debts -€2,088
down €2,088 (-6.0%), from €34,607 to €32,519
- Gross operating margin -€33,431
down €33,431 (-66.8%), from €50,066 to €16,635
- Financial charges -€5,432
down €5,432 (-94.4%), from €5,757 to €325
- Taxes -€1,349
down €1,349 (-39.9%), from €3,384 to €2,034
- Financial income +€627
up €627 (+193.4%), from €324 to €952
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 | €162,463 | €147,839 | -€14,624 | -9.0% |
| Formation expenses | 20 | €647 | €439 | -€208 | -32.2% |
| Fixed assets | 21/28 | €13,894 | €7,670 | -€6,224 | -44.8% |
| Tangible fixed assets | 22/27 | €13,894 | €7,670 | -€6,224 | -44.8% |
| Furniture and vehicles | 24 | €13,894 | €7,670 | -€6,224 | -44.8% |
| Current assets | 29/58 | €147,922 | €139,730 | -€8,192 | -5.5% |
| Amounts receivable within one year | 40/41 | €142,510 | €137,648 | -€4,862 | -3.4% |
| Trade receivables | 40 | €115,705 | €124,287 | +€8,582 | +7.4% |
| Other amounts receivable | 41 | €26,805 | €13,361 | -€13,444 | -50.2% |
| Cash at bank and in hand | 54/58 | €5,412 | €1,790 | -€3,622 | -66.9% |
| Deferred charges and accrued income | 490/1 | - | €292 | +€292 | |
| Total equity and liabilities | 10/49 | €162,463 | €147,839 | -€14,624 | -9.0% |
| Equity | 10/15 | €54,638 | €62,576 | +€7,938 | +14.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,638 | €42,576 | +€7,938 | +22.9% |
| Amounts payable | 17/49 | €107,825 | €85,263 | -€22,562 | -20.9% |
| Amounts payable within one year | 42/48 | €107,825 | €85,263 | -€22,562 | -20.9% |
| Trade debts | 44 | €34,607 | €32,519 | -€2,088 | -6.0% |
| Suppliers | 440/4 | €34,607 | €32,519 | -€2,088 | -6.0% |
| Advances received on contracts in progress | 46 | €64,508 | €44,000 | -€20,508 | -31.8% |
| Taxes, remuneration and social security | 45 | €8,710 | €8,744 | +€34 | +0.4% |
| Taxes | 450/3 | €8,710 | €8,744 | +€34 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,432 | €6,432 | = | 0.0% |
| Other operating charges | 640/8 | €836 | €858 | +€22 | +2.7% |
| Non-recurring operating charges | 66A | €20,546 | - | -€20,546 | |
| Gross operating margin | 9900 | €50,066 | €16,635 | -€33,431 | -66.8% |
| Operating profit (loss) | 9901 | €22,252 | €9,345 | -€12,907 | -58.0% |
| Financial income | 75/76B | €324 | €952 | +€627 | +193.4% |
| Recurring financial income | 75 | €324 | €952 | +€627 | +193.4% |
| Financial charges | 65/66B | €5,757 | €325 | -€5,432 | -94.4% |
| Recurring financial charges | 65 | €5,757 | €325 | -€5,432 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | €16,819 | €9,972 | -€6,847 | -40.7% |
| Income taxes | 67/77 | €3,384 | €2,034 | -€1,349 | -39.9% |
| Profit (loss) for the period | 9904 | €13,435 | €7,938 | -€5,498 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,435 | €7,938 | -€5,498 | -40.9% |
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 3 October 2026 via checked.be.