CAVELL: 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.
CAVELL
Largest movements
- Cash +€14,945
up €14,945 (+163.1%), from €9,163 to €24,108
mainly Net result for the year (+€19,482) and Tax, wage and social debts (+€7,050)
- Receivables after one year +€2,000
new in 2025: €2,000
- Deferred charges and accrued income +€675
new in 2025: €675
- Profit (loss) carried forward +€19,482
up €19,482, from -€1,887 to €17,595
- Tax, wage and social debts +€7,050
up €7,050 (+1566.7%), from €450 to €7,500
- Trade debts -€5,583
down €5,583 (-92.4%), from €6,039 to €456
- Other debts -€3,170
down €3,170 (-99.4%), from €3,188 to €18
- Gross operating margin +€28,430
up €28,430, from -€891 to €27,539
- Taxes +€7,022
up €7,022 (+1560.4%), from €450 to €7,472
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.
Cash bridge derived
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 | €9,790 | €27,570 | +€17,779 | +181.6% |
| Current assets | 29/58 | €9,790 | €27,570 | +€17,779 | +181.6% |
| Amounts receivable after more than one year | 29 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 291 | - | €2,000 | +€2,000 | |
| Amounts receivable within one year | 40/41 | €627 | €786 | +€159 | +25.4% |
| Trade receivables | 40 | - | €200 | +€200 | |
| Other amounts receivable | 41 | €627 | €587 | -€41 | -6.5% |
| Cash at bank and in hand | 54/58 | €9,163 | €24,108 | +€14,945 | +163.1% |
| Deferred charges and accrued income | 490/1 | - | €675 | +€675 | |
| Total equity and liabilities | 10/49 | €9,790 | €27,570 | +€17,779 | +181.6% |
| Equity | 10/15 | €113 | €19,595 | +€19,482 | +17211.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,887 | €17,595 | +€19,482 | |
| Amounts payable | 17/49 | €9,677 | €7,975 | -€1,702 | -17.6% |
| Amounts payable within one year | 42/48 | €9,677 | €7,975 | -€1,702 | -17.6% |
| Trade debts | 44 | €6,039 | €456 | -€5,583 | -92.4% |
| Suppliers | 440/4 | €6,039 | €456 | -€5,583 | -92.4% |
| Taxes, remuneration and social security | 45 | €450 | €7,500 | +€7,050 | +1566.7% |
| Taxes | 450/3 | €450 | €7,500 | +€7,050 | +1566.7% |
| Other amounts payable | 47/48 | €3,188 | €18 | -€3,170 | -99.4% |
| Other operating charges | 640/8 | €528 | €539 | +€11 | +2.0% |
| Gross operating margin | 9900 | -€891 | €27,539 | +€28,430 | |
| Operating profit (loss) | 9901 | -€1,420 | €27,000 | +€28,419 | |
| Financial charges | 65/66B | €17 | €46 | +€28 | +164.7% |
| Recurring financial charges | 65 | €17 | €46 | +€28 | +164.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,437 | €26,954 | +€28,391 | |
| Income taxes | 67/77 | €450 | €7,472 | +€7,022 | +1560.4% |
| Profit (loss) for the period | 9904 | -€1,887 | €19,482 | +€21,369 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,887 | €19,482 | +€21,369 |
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 11 October 2026 via checked.be.