CAKAN: 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.
CAKAN
Largest movements
- Intangible fixed assets -€15,000
down €15,000 (-20.9%), from €71,803 to €56,803
- Cash +€11,689
up €11,689 (+7.9%), from €148,151 to €159,840
mainly Net result for the year (+€48,857) and Depreciation (+€18,512)
- Tangible fixed assets -€3,512
no longer reported in 2025 (was €3,512)
- Tax, wage and social debts -€50,889
down €50,889 (-79.0%), from €64,411 to €13,522
of which Taxes: -€39,059
- Profit (loss) carried forward +€48,857
up €48,857 (+54.4%), from €89,792 to €138,649
- Trade debts -€2,818
down €2,818 (-5.9%), from €48,121 to €45,303
- Gross operating margin +€127,753
up €127,753, from -€52,613 to €75,140
- Other operating charges -€3,733
down €3,733 (-79.7%), from €4,683 to €950
- Depreciation -€3,178
down €3,178 (-14.7%), from €21,691 to €18,512
- Taxes -€2,274
down €2,274 (-86.6%), from €2,627 to €352
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 | €230,775 | €225,925 | -€4,850 | -2.1% |
| Fixed assets | 21/28 | €75,366 | €56,853 | -€18,512 | -24.6% |
| Intangible fixed assets | 21 | €71,803 | €56,803 | -€15,000 | -20.9% |
| Tangible fixed assets | 22/27 | €3,512 | - | -€3,512 | |
| Other tangible fixed assets | 26 | €3,512 | - | -€3,512 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €155,409 | €169,072 | +€13,662 | +8.8% |
| Amounts receivable within one year | 40/41 | €4,879 | €6,612 | +€1,733 | +35.5% |
| Trade receivables | 40 | €4,879 | €6,612 | +€1,733 | +35.5% |
| Cash at bank and in hand | 54/58 | €148,151 | €159,840 | +€11,689 | +7.9% |
| Deferred charges and accrued income | 490/1 | €2,380 | €2,620 | +€240 | +10.1% |
| Total equity and liabilities | 10/49 | €230,775 | €225,925 | -€4,850 | -2.1% |
| Equity | 10/15 | €110,244 | €159,100 | +€48,857 | +44.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,792 | €138,649 | +€48,857 | +54.4% |
| Amounts payable | 17/49 | €120,532 | €66,825 | -€53,707 | -44.6% |
| Amounts payable within one year | 42/48 | €120,532 | €66,825 | -€53,707 | -44.6% |
| Trade debts | 44 | €48,121 | €45,303 | -€2,818 | -5.9% |
| Suppliers | 440/4 | €48,121 | €45,303 | -€2,818 | -5.9% |
| Advances received on contracts in progress | 46 | €8,000 | €8,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €64,411 | €13,522 | -€50,889 | -79.0% |
| Taxes | 450/3 | €48,411 | €9,352 | -€39,059 | -80.7% |
| Remuneration and social security | 454/9 | €16,000 | €4,170 | -€11,830 | -73.9% |
| Remuneration, social security and pensions | 62 | €222 | - | -€222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,691 | €18,512 | -€3,178 | -14.7% |
| Other operating charges | 640/8 | €4,683 | €950 | -€3,733 | -79.7% |
| Gross operating margin | 9900 | -€52,613 | €75,140 | +€127,753 | |
| Operating profit (loss) | 9901 | -€79,208 | €55,677 | +€134,885 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,161 | €6,468 | +€307 | +5.0% |
| Recurring financial charges | 65 | €6,161 | €6,468 | +€307 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€85,370 | €49,209 | +€134,579 | |
| Income taxes | 67/77 | €2,627 | €352 | -€2,274 | -86.6% |
| Profit (loss) for the period | 9904 | -€87,996 | €48,857 | +€136,853 | |
| Profit (loss) for the period to be appropriated | 9905 | -€87,996 | €48,857 | +€136,853 |
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 4 October 2026 via checked.be.