CAVE CANEM: 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.
CAVE CANEM
Largest movements
- Receivables within one year +€2,624
up €2,624 (+29.2%), from €9,000 to €11,625
of which Other amounts receivable: +€2,719
- Cash -€2,309
down €2,309 (-10.3%), from €22,329 to €20,020
mainly Receivables within one year (-€2,624) and Net result for the year (-€538)
- Other debts +€543
up €543 (+2.0%), from €27,724 to €28,266
- Profit (loss) carried forward -€538
down €538 (-1.6%), from -€33,281 to -€33,819
- Gross operating margin -€5,155
down €5,155, from €4,904 to -€251
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Financial charges -€60
down €60 (-52.8%), from €114 to €54
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 | €32,618 | €32,623 | +€5 | 0.0% |
| Fixed assets | 21/28 | €257 | - | -€257 | |
| Tangible fixed assets | 22/27 | €257 | - | -€257 | |
| Plant, machinery and equipment | 23 | €257 | - | -€257 | |
| Current assets | 29/58 | €32,361 | €32,623 | +€262 | +0.8% |
| Stocks and contracts in progress | 3 | €1,032 | €978 | -€54 | -5.2% |
| Stocks | 30/36 | €1,032 | €978 | -€54 | -5.2% |
| Amounts receivable within one year | 40/41 | €9,000 | €11,625 | +€2,624 | +29.2% |
| Trade receivables | 40 | €95 | - | -€95 | |
| Other amounts receivable | 41 | €8,905 | €11,625 | +€2,719 | +30.5% |
| Cash at bank and in hand | 54/58 | €22,329 | €20,020 | -€2,309 | -10.3% |
| Total equity and liabilities | 10/49 | €32,618 | €32,623 | +€5 | 0.0% |
| Equity | 10/15 | €4,894 | €4,356 | -€538 | -11.0% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €992 | €992 | = | 0.0% |
| Non-distributable reserves | 130/1 | €992 | €992 | = | 0.0% |
| Reserves not available under the articles | 1311 | €992 | €992 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,281 | -€33,819 | -€538 | -1.6% |
| Amounts payable | 17/49 | €27,724 | €28,266 | +€543 | +2.0% |
| Amounts payable within one year | 42/48 | €27,724 | €28,266 | +€543 | +2.0% |
| Other amounts payable | 47/48 | €27,724 | €28,266 | +€543 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331 | €309 | -€22 | -6.6% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €4,904 | -€251 | -€5,155 | |
| Operating profit (loss) | 9901 | €4,185 | -€560 | -€4,746 | |
| Financial income | 75/76B | €83 | €73 | -€10 | -12.0% |
| Recurring financial income | 75 | €83 | €73 | -€10 | -12.0% |
| Financial charges | 65/66B | €114 | €54 | -€60 | -52.8% |
| Recurring financial charges | 65 | €114 | €54 | -€60 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | €4,154 | -€542 | -€4,695 | |
| Income taxes | 67/77 | €4 | -€4 | -€8 | |
| Profit (loss) for the period | 9904 | €4,150 | -€538 | -€4,687 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,150 | -€538 | -€4,687 |
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 25 October 2026 via checked.be.