CAUWELIER - MOSTAERT: what changed
CAUWELIER - MOSTAERT
Largest movements
- Receivables within one year +€18,414
up €18,414 (+114%), from €16,208 to €34,622
of which Trade receivables: +€17,019
- Stocks and contracts -€12,700
down €12,700 (-80.4%), from €15,800 to €3,100
- Tangible fixed assets -€11,456
down €11,456 (-20.0%), from €57,339 to €45,884
of which Furniture and vehicles: -€12,715
- Cash +€3,980
up €3,980 (+133%), from €2,999 to €6,978
mainly Depreciation (+€15,539) and Stocks and contracts (+€12,700)
- Debts after one year -€8,807
down €8,807 (-33.9%), from €25,996 to €17,188
- Trade debts +€5,427
up €5,427 (+1,055%), from €515 to €5,941
- Profit (loss) carried forward +€3,645
up €3,645 (+62.7%), from -€5,813 to -€2,168
- Other debts -€3,579
down €3,579 (-6.8%), from €52,843 to €49,265
- Tax, wage and social debts +€1,063
up €1,063 (+22.2%), from €4,777 to €5,840
of which Taxes: +€2,063
- Gross operating margin +€3,747
up €3,747 (+20.4%), from €18,344 to €22,091
- Financial charges -€1,045
down €1,045 (-42.1%), from €2,486 to €1,440
- Depreciation +€589
up €589 (+3.9%), from €14,950 to €15,539
- Taxes +€506
up €506 (+323%), from €157 to €663
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,745 | €90,872 | -€1,872 | -2.0% |
| Fixed assets | 21/28 | €57,339 | €45,884 | -€11,456 | -20.0% |
| Tangible fixed assets | 22/27 | €57,339 | €45,884 | -€11,456 | -20.0% |
| Land and buildings | 22 | €6,075 | €5,752 | -€323 | -5.3% |
| Plant, machinery and equipment | 23 | €5,292 | €6,874 | +€1,582 | +29.9% |
| Furniture and vehicles | 24 | €45,973 | €33,258 | -€12,715 | -27.7% |
| Current assets | 29/58 | €35,405 | €44,989 | +€9,584 | +27.1% |
| Stocks and contracts in progress | 3 | €15,800 | €3,100 | -€12,700 | -80.4% |
| Stocks | 30/36 | €15,800 | €3,100 | -€12,700 | -80.4% |
| Amounts receivable within one year | 40/41 | €16,208 | €34,622 | +€18,414 | +114% |
| Trade receivables | 40 | €16,208 | €33,227 | +€17,019 | +105% |
| Other amounts receivable | 41 | €0 | €1,395 | +€1,395 | |
| Cash at bank and in hand | 54/58 | €2,999 | €6,978 | +€3,980 | +133% |
| Deferred charges and accrued income | 490/1 | €399 | €289 | -€110 | -27.6% |
| Total equity and liabilities | 10/49 | €92,745 | €90,872 | -€1,872 | -2.0% |
| Equity | 10/15 | €187 | €3,832 | +€3,645 | +1,952% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,813 | -€2,168 | +€3,645 | +62.7% |
| Amounts payable | 17/49 | €92,558 | €87,041 | -€5,517 | -6.0% |
| Amounts payable after more than one year | 17 | €25,996 | €17,188 | -€8,807 | -33.9% |
| Financial debts | 170/4 | €25,996 | €17,188 | -€8,807 | -33.9% |
| Amounts payable within one year | 42/48 | €66,563 | €69,852 | +€3,290 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €8,428 | €8,807 | +€379 | +4.5% |
| Trade debts | 44 | €515 | €5,941 | +€5,427 | +1,055% |
| Suppliers | 440/4 | €515 | €5,941 | +€5,427 | +1,055% |
| Taxes, remuneration and social security | 45 | €4,777 | €5,840 | +€1,063 | +22.2% |
| Taxes | 450/3 | €1,777 | €3,840 | +€2,063 | +116% |
| Remuneration and social security | 454/9 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Other amounts payable | 47/48 | €52,843 | €49,265 | -€3,579 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,950 | €15,539 | +€589 | +3.9% |
| Other operating charges | 640/8 | €651 | €804 | +€153 | +23.5% |
| Gross operating margin | 9900 | €18,344 | €22,091 | +€3,747 | +20.4% |
| Operating profit (loss) | 9901 | €2,742 | €5,748 | +€3,005 | +110% |
| Financial income | 75/76B | €21 | €0 | -€21 | -100% |
| Recurring financial income | 75 | €21 | €0 | -€21 | -100% |
| Financial charges | 65/66B | €2,486 | €1,440 | -€1,045 | -42.1% |
| Recurring financial charges | 65 | €2,486 | €1,440 | -€1,045 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €277 | €4,308 | +€4,030 | +1,453% |
| Income taxes | 67/77 | €157 | €663 | +€506 | +323% |
| Profit (loss) for the period | 9904 | €121 | €3,645 | +€3,524 | +2,915% |
| Profit (loss) for the period to be appropriated | 9905 | €121 | €3,645 | +€3,524 | +2,915% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.