CAVALLI CONSULTING: 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.
CAVALLI CONSULTING
Largest movements
- Tangible fixed assets -€15,353
down €15,353 (-32.5%), from €47,248 to €31,895
of which Furniture and vehicles: -€14,604
- Receivables within one year -€5,828
down €5,828 (-80.6%), from €7,235 to €1,407
of which Trade receivables: -€6,838
- Other debts -€12,090
down €12,090 (-10.9%), from €110,768 to €98,678
- Tax, wage and social debts -€5,218
down €5,218 (-84.1%), from €6,203 to €985
- Profit (loss) carried forward -€4,109
down €4,109 (-13.2%), from -€31,171 to -€35,280
- Gross operating margin -€13,851
down €13,851 (-51.3%), from €26,978 to €13,127
- Taxes -€3,009
down €3,009 (-86.3%), from €3,487 to €478
- Other operating charges -€2,087
down €2,087 (-63.0%), from €3,312 to €1,225
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 | €261,938 | €240,225 | -€21,713 | -8.3% |
| Fixed assets | 21/28 | €248,139 | €232,786 | -€15,353 | -6.2% |
| Tangible fixed assets | 22/27 | €47,248 | €31,895 | -€15,353 | -32.5% |
| Plant, machinery and equipment | 23 | €2,219 | €1,470 | -€749 | -33.8% |
| Furniture and vehicles | 24 | €45,029 | €30,425 | -€14,604 | -32.4% |
| Financial fixed assets | 28 | €200,891 | €200,891 | = | 0.0% |
| Current assets | 29/58 | €13,799 | €7,439 | -€6,360 | -46.1% |
| Amounts receivable within one year | 40/41 | €7,235 | €1,407 | -€5,828 | -80.6% |
| Trade receivables | 40 | €7,235 | €397 | -€6,838 | -94.5% |
| Other amounts receivable | 41 | - | €1,010 | +€1,010 | |
| Cash at bank and in hand | 54/58 | €6,564 | €5,678 | -€886 | -13.5% |
| Deferred charges and accrued income | 490/1 | - | €354 | +€354 | |
| Total equity and liabilities | 10/49 | €261,938 | €240,225 | -€21,713 | -8.3% |
| Equity | 10/15 | €143,214 | €139,105 | -€4,109 | -2.9% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €54,385 | €54,385 | = | 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% |
| Distributable reserves | 133 | €52,526 | €52,526 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,171 | -€35,280 | -€4,109 | -13.2% |
| Amounts payable | 17/49 | €118,724 | €101,120 | -€17,604 | -14.8% |
| Amounts payable within one year | 42/48 | €118,724 | €101,120 | -€17,604 | -14.8% |
| Trade debts | 44 | €1,753 | €1,457 | -€296 | -16.9% |
| Suppliers | 440/4 | €1,753 | €1,457 | -€296 | -16.9% |
| Taxes, remuneration and social security | 45 | €6,203 | €985 | -€5,218 | -84.1% |
| Taxes | 450/3 | €6,203 | €985 | -€5,218 | -84.1% |
| Other amounts payable | 47/48 | €110,768 | €98,678 | -€12,090 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,354 | €15,354 | = | 0.0% |
| Other operating charges | 640/8 | €3,312 | €1,225 | -€2,087 | -63.0% |
| Gross operating margin | 9900 | €26,978 | €13,127 | -€13,851 | -51.3% |
| Operating profit (loss) | 9901 | €8,312 | -€3,452 | -€11,764 | |
| Financial income | 75/76B | €18 | €6 | -€12 | -66.7% |
| Recurring financial income | 75 | €18 | €6 | -€12 | -66.7% |
| Financial charges | 65/66B | €174 | €185 | +€11 | +6.3% |
| Recurring financial charges | 65 | €174 | €185 | +€11 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €8,156 | -€3,631 | -€11,787 | |
| Income taxes | 67/77 | €3,487 | €478 | -€3,009 | -86.3% |
| Profit (loss) for the period | 9904 | €4,669 | -€4,109 | -€8,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,669 | -€4,109 | -€8,778 |
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 24 October 2026 via checked.be.