CAVE COOP: 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 COOP
Largest movements
- Receivables within one year -€62,738
down €62,738 (-69.8%), from €89,863 to €27,125
of which Trade receivables: -€81,086
- Cash +€40,537
up €40,537 (+631%), from €6,419 to €46,956
mainly Receivables within one year (+€62,738) and Other debts (+€19,406)
- Deferred charges and accrued income -€4,648
down €4,648 (-85.4%), from €5,444 to €796
- Trade debts -€71,261
down €71,261 (-40.2%), from €177,189 to €105,928
- Other debts +€19,406
up €19,406 (+109%), from €17,836 to €37,242
- Profit (loss) carried forward +€17,490
up €17,490 (+28.4%), from €61,631 to €79,120
- Tax, wage and social debts +€10,291
up €10,291 (+11.5%), from €89,531 to €99,822
of which Taxes: +€6,433
- Debts after one year -€6,165
down €6,165 (-34.1%), from €18,102 to €11,937
- Staff costs +€32,153
up €32,153 (+53.7%), from €59,919 to €92,073
- Taxes -€17,817
down €17,817 (-67.0%), from €26,589 to €8,773
- Gross operating margin -€12,746
down €12,746 (-7.7%), from €165,983 to €153,237
- Write-downs +€5,972
up €5,972 (+58.5%), from €10,210 to €16,183
- Financial charges +€3,671
up €3,671 (+161%), from €2,280 to €5,951
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 | €463,289 | €435,935 | -€27,354 | -5.9% |
| Fixed assets | 21/28 | €31,689 | €32,020 | +€331 | +1.0% |
| Tangible fixed assets | 22/27 | €25,704 | €26,035 | +€331 | +1.3% |
| Plant, machinery and equipment | 23 | €23,618 | €19,319 | -€4,299 | -18.2% |
| Furniture and vehicles | 24 | €2,086 | €6,716 | +€4,630 | +222% |
| Financial fixed assets | 28 | €5,984 | €5,984 | = | 0.0% |
| Current assets | 29/58 | €431,600 | €403,915 | -€27,685 | -6.4% |
| Stocks and contracts in progress | 3 | €329,874 | €329,039 | -€835 | -0.3% |
| Stocks | 30/36 | €329,874 | €329,039 | -€835 | -0.3% |
| Amounts receivable within one year | 40/41 | €89,863 | €27,125 | -€62,738 | -69.8% |
| Trade receivables | 40 | €87,173 | €6,087 | -€81,086 | -93.0% |
| Other amounts receivable | 41 | €2,690 | €21,038 | +€18,348 | +682% |
| Cash at bank and in hand | 54/58 | €6,419 | €46,956 | +€40,537 | +631% |
| Deferred charges and accrued income | 490/1 | €5,444 | €796 | -€4,648 | -85.4% |
| Total equity and liabilities | 10/49 | €463,289 | €435,935 | -€27,354 | -5.9% |
| Equity | 10/15 | €145,811 | €163,300 | +€17,490 | +12.0% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €59,380 | €59,380 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30 | €30 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30 | €30 | = | 0.0% |
| Distributable reserves | 133 | €59,350 | €59,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,631 | €79,120 | +€17,490 | +28.4% |
| Amounts payable | 17/49 | €317,478 | €272,635 | -€44,844 | -14.1% |
| Amounts payable after more than one year | 17 | €18,102 | €11,937 | -€6,165 | -34.1% |
| Financial debts | 170/4 | €18,102 | €11,937 | -€6,165 | -34.1% |
| Amounts payable within one year | 42/48 | €299,376 | €260,697 | -€38,679 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €14,820 | €17,705 | +€2,885 | +19.5% |
| Trade debts | 44 | €177,189 | €105,928 | -€71,261 | -40.2% |
| Suppliers | 440/4 | €177,189 | €105,928 | -€71,261 | -40.2% |
| Taxes, remuneration and social security | 45 | €89,531 | €99,822 | +€10,291 | +11.5% |
| Taxes | 450/3 | €74,646 | €81,078 | +€6,433 | +8.6% |
| Remuneration and social security | 454/9 | €14,886 | €18,744 | +€3,859 | +25.9% |
| Other amounts payable | 47/48 | €17,836 | €37,242 | +€19,406 | +109% |
| Remuneration, social security and pensions | 62 | €59,919 | €92,073 | +€32,153 | +53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,328 | €7,342 | +€3,013 | +69.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,210 | €16,183 | +€5,972 | +58.5% |
| Other operating charges | 640/8 | €3,699 | €4,917 | +€1,218 | +32.9% |
| Non-recurring operating charges | 66A | - | €552 | +€552 | |
| Gross operating margin | 9900 | €165,983 | €153,237 | -€12,746 | -7.7% |
| Operating profit (loss) | 9901 | €87,826 | €32,172 | -€55,655 | -63.4% |
| Financial income | 75/76B | €92 | €42 | -€50 | -54.3% |
| Recurring financial income | 75 | €92 | €42 | -€50 | -54.3% |
| Financial charges | 65/66B | €2,280 | €5,951 | +€3,671 | +161% |
| Recurring financial charges | 65 | €2,280 | €5,951 | +€3,671 | +161% |
| Profit (loss) for the period before taxes | 9903 | €85,638 | €26,263 | -€59,376 | -69.3% |
| Income taxes | 67/77 | €26,589 | €8,773 | -€17,817 | -67.0% |
| Profit (loss) for the period | 9904 | €59,049 | €17,490 | -€41,559 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,049 | €17,490 | -€41,559 | -70.4% |
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 20 October 2026 via checked.be.