CAVE 1929: 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.
CAVE 1929
Largest movements
- Receivables within one year +€14,666
up €14,666 (+41.7%), from €35,181 to €49,847
of which Trade receivables: +€13,663
- Cash +€14,566
up €14,566 (+9.2%), from €158,296 to €172,862
mainly Debts after one year (+€90,000) and Accrued charges and deferred income (+€66,432)
- Stocks and contracts -€10,034
down €10,034 (-10.1%), from €99,121 to €89,087
- Other debts -€109,920
down €109,920 (-81.3%), from €135,201 to €25,280
- Debts after one year +€90,000
new in 2024: €90,000
- Accrued charges and deferred income +€66,432
up €66,432 (+1820.4%), from €3,649 to €70,082
- Profit (loss) carried forward -€29,605
down €29,605 (-42.0%), from €70,466 to €40,861
- Trade debts +€15,098
up €15,098 (+43.5%), from €34,717 to €49,815
- Gross operating margin -€41,658
down €41,658 (-35.7%), from €116,789 to €75,131
- Taxes -€21,624
down €21,624 (-100.0%), from €21,624 to €0
- Financial charges +€2,776
up €2,776 (+67.9%), from €4,087 to €6,863
- Other operating charges -€1,497
down €1,497 (-49.4%), from €3,029 to €1,532
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,971 | €329,999 | +€17,028 | +5.4% |
| Fixed assets | 21/28 | €19,438 | €16,712 | -€2,727 | -14.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €16,838 | €14,112 | -€2,727 | -16.2% |
| Plant, machinery and equipment | 23 | €8,254 | €7,942 | -€311 | -3.8% |
| Furniture and vehicles | 24 | €8,585 | €6,169 | -€2,416 | -28.1% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €293,532 | €313,287 | +€19,755 | +6.7% |
| Stocks and contracts in progress | 3 | €99,121 | €89,087 | -€10,034 | -10.1% |
| Stocks | 30/36 | €99,121 | €89,087 | -€10,034 | -10.1% |
| Amounts receivable within one year | 40/41 | €35,181 | €49,847 | +€14,666 | +41.7% |
| Trade receivables | 40 | €35,181 | €48,844 | +€13,663 | +38.8% |
| Other amounts receivable | 41 | - | €1,003 | +€1,003 | |
| Cash at bank and in hand | 54/58 | €158,296 | €172,862 | +€14,566 | +9.2% |
| Deferred charges and accrued income | 490/1 | €934 | €1,491 | +€557 | +59.6% |
| Total equity and liabilities | 10/49 | €312,971 | €329,999 | +€17,028 | +5.4% |
| Equity | 10/15 | €90,926 | €61,321 | -€29,605 | -32.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,466 | €40,861 | -€29,605 | -42.0% |
| Amounts payable | 17/49 | €222,044 | €268,677 | +€46,633 | +21.0% |
| Amounts payable after more than one year | 17 | - | €90,000 | +€90,000 | |
| Other amounts payable | 178/9 | - | €90,000 | +€90,000 | |
| Amounts payable within one year | 42/48 | €218,395 | €108,596 | -€109,800 | -50.3% |
| Financial debts | 43 | €384 | - | -€384 | |
| Credit institutions | 430/8 | €384 | - | -€384 | |
| Trade debts | 44 | €34,717 | €49,815 | +€15,098 | +43.5% |
| Suppliers | 440/4 | €34,717 | €49,815 | +€15,098 | +43.5% |
| Taxes, remuneration and social security | 45 | €48,094 | €33,500 | -€14,594 | -30.3% |
| Taxes | 450/3 | €41,431 | €25,673 | -€15,758 | -38.0% |
| Remuneration and social security | 454/9 | €6,663 | €7,827 | +€1,164 | +17.5% |
| Other amounts payable | 47/48 | €135,201 | €25,280 | -€109,920 | -81.3% |
| Accrued charges and deferred income | 492/3 | €3,649 | €70,082 | +€66,432 | +1820.4% |
| Remuneration, social security and pensions | 62 | €39,551 | €40,435 | +€884 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,460 | €3,727 | -€733 | -16.4% |
| Other operating charges | 640/8 | €3,029 | €1,532 | -€1,497 | -49.4% |
| Non-recurring operating charges | 66A | - | €28,303 | +€28,303 | |
| Gross operating margin | 9900 | €116,789 | €75,131 | -€41,658 | -35.7% |
| Operating profit (loss) | 9901 | €69,749 | €1,134 | -€68,615 | -98.4% |
| Financial income | 75/76B | €38 | - | -€38 | |
| Recurring financial income | 75 | €38 | - | -€38 | |
| Financial charges | 65/66B | €4,087 | €6,863 | +€2,776 | +67.9% |
| Recurring financial charges | 65 | €4,087 | €6,863 | +€2,776 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | €65,701 | -€5,729 | -€71,430 | |
| Income taxes | 67/77 | €21,624 | €0 | -€21,624 | -100.0% |
| Profit (loss) for the period | 9904 | €44,077 | -€5,729 | -€49,806 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,077 | -€5,729 | -€49,806 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.