Cargaux Systems: what changed
Two financial 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.
Cargaux Systems
Largest movements
- Receivables within one year -€9,935
down €9,935 (-26.1%), from €38,099 to €28,164
of which Trade receivables: -€9,550
- Trade debts -€5,120
down €5,120 (-18.1%), from €28,233 to €23,113
- Gross operating margin -€780
down €780 (-50.3%), from €1,550 to €770
- Taxes -€150
no longer reported in 2025 (was €150)
- Financial charges +€20
up €20 (+4.5%), from €439 to €458
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.
Derived cash bridge
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 | €481,988 | €476,756 | -€5,232 | -1.1% |
| Current assets | 29/58 | €481,988 | €476,756 | -€5,232 | -1.1% |
| Amounts receivable within one year | 40/41 | €38,099 | €28,164 | -€9,935 | -26.1% |
| Trade receivables | 40 | €32,865 | €23,315 | -€9,550 | -29.1% |
| Other amounts receivable | 41 | €5,234 | €4,849 | -€386 | -7.4% |
| Cash at bank and in hand | 54/58 | €443,888 | €448,592 | +€4,704 | +1.1% |
| Total equity and liabilities | 10/49 | €481,988 | €476,756 | -€5,232 | -1.1% |
| Equity | 10/15 | €450,769 | €450,561 | -€209 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €432,169 | €431,961 | -€209 | 0.0% |
| Distributable reserves | 133 | €432,169 | €431,961 | -€209 | 0.0% |
| Amounts payable | 17/49 | €31,219 | €26,196 | -€5,023 | -16.1% |
| Amounts payable within one year | 42/48 | €30,153 | €25,129 | -€5,024 | -16.7% |
| Trade debts | 44 | €28,233 | €23,113 | -€5,120 | -18.1% |
| Suppliers | 440/4 | €28,233 | €23,113 | -€5,120 | -18.1% |
| Taxes, remuneration and social security | 45 | €1,920 | €2,016 | +€96 | +5.0% |
| Taxes | 450/3 | €1,920 | €2,016 | +€96 | +5.0% |
| Accrued charges and deferred income | 492/3 | €1,066 | €1,067 | +€1 | +0.1% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €1,550 | €770 | -€780 | -50.3% |
| Operating profit (loss) | 9901 | €1,045 | €250 | -€795 | -76.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €439 | €458 | +€20 | +4.5% |
| Recurring financial charges | 65 | €439 | €458 | +€20 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €606 | -€209 | -€814 | |
| Income taxes | 67/77 | €150 | - | -€150 | |
| Profit (loss) for the period | 9904 | €456 | -€209 | -€665 | |
| Profit (loss) for the period to be appropriated | 9905 | €456 | -€209 | -€665 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.