CAVAS 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.
CAVAS CONSULTING
Largest movements
- Cash -€99,757
down €99,757 (-74.5%), from €133,884 to €34,126
mainly Other debts (-€87,248) and Tax, wage and social debts (-€47,488)
- Receivables within one year +€12,750
up €12,750 (+47.2%), from €26,994 to €39,744
- Deferred charges and accrued income +€7,922
up €7,922 (+544%), from €1,457 to €9,379
- Tangible fixed assets +€4,965
up €4,965 (+29.3%), from €16,942 to €21,907
of which Plant, machinery and equipment: +€4,563
- Other debts -€87,248
down €87,248 (-91.0%), from €95,867 to €8,620
- Profit (loss) carried forward +€58,901
up €58,901 (+1,130%), from €5,214 to €64,115
- Tax, wage and social debts -€47,488
down €47,488 (-61.3%), from €77,494 to €30,007
of which Taxes: -€49,988
- Gross operating margin -€47,558
down €47,558 (-35.7%), from €133,299 to €85,741
- Taxes -€13,496
down €13,496 (-46.5%), from €29,000 to €15,504
- Other operating charges +€2,276
up €2,276 (+120%), from €1,899 to €4,175
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 | €179,276 | €105,156 | -€74,120 | -41.3% |
| Fixed assets | 21/28 | €16,942 | €21,907 | +€4,965 | +29.3% |
| Tangible fixed assets | 22/27 | €16,942 | €21,907 | +€4,965 | +29.3% |
| Plant, machinery and equipment | 23 | €4,228 | €8,791 | +€4,563 | +108% |
| Furniture and vehicles | 24 | €12,714 | €13,116 | +€402 | +3.2% |
| Current assets | 29/58 | €162,334 | €83,249 | -€79,085 | -48.7% |
| Amounts receivable within one year | 40/41 | €26,994 | €39,744 | +€12,750 | +47.2% |
| Trade receivables | 40 | €26,994 | €39,744 | +€12,750 | +47.2% |
| Cash at bank and in hand | 54/58 | €133,884 | €34,126 | -€99,757 | -74.5% |
| Deferred charges and accrued income | 490/1 | €1,457 | €9,379 | +€7,922 | +544% |
| Total equity and liabilities | 10/49 | €179,276 | €105,156 | -€74,120 | -41.3% |
| Equity | 10/15 | €5,314 | €64,215 | +€58,901 | +1,108% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,214 | €64,115 | +€58,901 | +1,130% |
| Amounts payable | 17/49 | €173,962 | €40,941 | -€133,021 | -76.5% |
| Amounts payable within one year | 42/48 | €173,962 | €40,941 | -€133,021 | -76.5% |
| Trade debts | 44 | €600 | €2,314 | +€1,714 | +286% |
| Suppliers | 440/4 | €600 | €2,314 | +€1,714 | +286% |
| Taxes, remuneration and social security | 45 | €77,494 | €30,007 | -€47,488 | -61.3% |
| Taxes | 450/3 | €77,494 | €27,507 | -€49,988 | -64.5% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €95,867 | €8,620 | -€87,248 | -91.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,390 | €7,148 | -€243 | -3.3% |
| Other operating charges | 640/8 | €1,899 | €4,175 | +€2,276 | +120% |
| Gross operating margin | 9900 | €133,299 | €85,741 | -€47,558 | -35.7% |
| Operating profit (loss) | 9901 | €124,010 | €74,418 | -€49,592 | -40.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €44 | €14 | -€29 | -67.5% |
| Recurring financial charges | 65 | €44 | €14 | -€29 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €123,967 | €74,404 | -€49,562 | -40.0% |
| Income taxes | 67/77 | €29,000 | €15,504 | -€13,496 | -46.5% |
| Profit (loss) for the period | 9904 | €94,967 | €58,901 | -€36,066 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,967 | €58,901 | -€36,066 | -38.0% |
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 26 October 2026 via checked.be.