CAJECO: 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.
CAJECO
Largest movements
- Receivables within one year +€14,165
up €14,165 (+27.3%), from €51,853 to €66,017
- Tangible fixed assets -€5,472
down €5,472 (-57.2%), from €9,571 to €4,100
- Cash +€1,909
up €1,909 (+65.2%), from €2,928 to €4,837
mainly Net result for the year (+€9,459) and Depreciation (+€5,472)
- Reserves +€9,459
up €9,459 (+18.5%), from €51,098 to €60,556
of which Distributable reserves: +€9,459
- Trade debts +€2,709
up €2,709 (+66.8%), from €4,055 to €6,765
- Accrued charges and deferred income -€1,458
down €1,458 (-100.0%), from €1,458 to €0
- Gross operating margin +€30,350
up €30,350, from -€14,268 to €16,082
- Other operating charges +€557
up €557 (+181.3%), from €307 to €864
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 | €65,014 | €75,759 | +€10,745 | +16.5% |
| Fixed assets | 21/28 | €9,571 | €4,100 | -€5,472 | -57.2% |
| Tangible fixed assets | 22/27 | €9,571 | €4,100 | -€5,472 | -57.2% |
| Land and buildings | 22 | €2,987 | €1,019 | -€1,968 | -65.9% |
| Plant, machinery and equipment | 23 | €976 | €186 | -€790 | -80.9% |
| Furniture and vehicles | 24 | €5,609 | €2,895 | -€2,714 | -48.4% |
| Current assets | 29/58 | €55,443 | €71,659 | +€16,216 | +29.2% |
| Amounts receivable within one year | 40/41 | €51,853 | €66,017 | +€14,165 | +27.3% |
| Other amounts receivable | 41 | €51,853 | €66,017 | +€14,165 | +27.3% |
| Cash at bank and in hand | 54/58 | €2,928 | €4,837 | +€1,909 | +65.2% |
| Deferred charges and accrued income | 490/1 | €662 | €805 | +€143 | +21.6% |
| Total equity and liabilities | 10/49 | €65,014 | €75,759 | +€10,745 | +16.5% |
| Equity | 10/15 | €57,298 | €66,756 | +€9,459 | +16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,098 | €60,556 | +€9,459 | +18.5% |
| 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 | €49,238 | €58,696 | +€9,459 | +19.2% |
| Amounts payable | 17/49 | €7,716 | €9,003 | +€1,286 | +16.7% |
| Amounts payable within one year | 42/48 | €6,259 | €9,003 | +€2,744 | +43.8% |
| Trade debts | 44 | €4,055 | €6,765 | +€2,709 | +66.8% |
| Suppliers | 440/4 | €4,055 | €6,765 | +€2,709 | +66.8% |
| Taxes, remuneration and social security | 45 | €2,204 | €2,238 | +€34 | +1.6% |
| Taxes | 450/3 | €2,204 | €2,238 | +€34 | +1.6% |
| Accrued charges and deferred income | 492/3 | €1,458 | €0 | -€1,458 | -100.0% |
| Remuneration, social security and pensions | 62 | €75 | €63 | -€12 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,586 | €5,472 | -€114 | -2.0% |
| Other operating charges | 640/8 | €307 | €864 | +€557 | +181.3% |
| Gross operating margin | 9900 | -€14,268 | €16,082 | +€30,350 | |
| Operating profit (loss) | 9901 | -€20,235 | €9,684 | +€29,919 | |
| Financial income | 75/76B | €54 | - | -€54 | |
| Recurring financial income | 75 | €54 | - | -€54 | |
| Financial charges | 65/66B | €262 | €225 | -€36 | -13.9% |
| Recurring financial charges | 65 | €262 | €225 | -€36 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,443 | €9,459 | +€29,902 | |
| Profit (loss) for the period | 9904 | -€20,443 | €9,459 | +€29,902 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,443 | €9,459 | +€29,902 |
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 3 October 2026 via checked.be.