CAVERNA: 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.
CAVERNA
Largest movements
- Cash +€24,751
up €24,751 (+19.9%), from €124,393 to €149,144
mainly Other debts (+€66,000) and Net result for the year (+€54,059)
- Receivables within one year -€16,108
down €16,108 (-35.5%), from €45,413 to €29,305
of which Other amounts receivable: -€32,221
- Deferred charges and accrued income +€2,213
new in 2025: €2,213
- Other debts +€66,000
up €66,000 (+194%), from €34,000 to €100,000
- Profit (loss) carried forward -€63,588
down €63,588 (-97.1%), from €65,493 to €1,905
- Tax, wage and social debts +€3,954
up €3,954 (+15.1%), from €26,181 to €30,135
of which Taxes: +€8,126
- Trade debts +€3,799
up €3,799 (+74.4%), from €5,103 to €8,902
of which Suppliers: +€4,287
- Gross operating margin +€23,678
up €23,678 (+26.1%), from €90,621 to €114,299
- Staff costs +€8,559
up €8,559 (+26.7%), from €32,079 to €40,638
- Taxes +€4,114
up €4,114 (+28.2%), from €14,565 to €18,679
- Financial charges -€1,533
down €1,533 (-97.1%), from €1,578 to €45
of which Non-recurring financial charges: -€1,415
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 | €171,391 | €181,769 | +€10,378 | +6.1% |
| Fixed assets | 21/28 | €1,585 | €1,107 | -€478 | -30.2% |
| Tangible fixed assets | 22/27 | €1,394 | €916 | -€478 | -34.3% |
| Plant, machinery and equipment | 23 | €1,394 | - | -€1,394 | |
| Furniture and vehicles | 24 | - | €916 | +€916 | |
| Financial fixed assets | 28 | €191 | €191 | = | 0.0% |
| Current assets | 29/58 | €169,806 | €180,662 | +€10,856 | +6.4% |
| Amounts receivable within one year | 40/41 | €45,413 | €29,305 | -€16,108 | -35.5% |
| Trade receivables | 40 | €9,918 | €26,031 | +€16,113 | +162% |
| Other amounts receivable | 41 | €35,495 | €3,274 | -€32,221 | -90.8% |
| Cash at bank and in hand | 54/58 | €124,393 | €149,144 | +€24,751 | +19.9% |
| Deferred charges and accrued income | 490/1 | - | €2,213 | +€2,213 | |
| Total equity and liabilities | 10/49 | €171,391 | €181,769 | +€10,378 | +6.1% |
| Equity | 10/15 | €105,953 | €42,365 | -€63,588 | -60.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,493 | €1,905 | -€63,588 | -97.1% |
| Amounts payable | 17/49 | €65,438 | €139,404 | +€73,966 | +113% |
| Amounts payable within one year | 42/48 | €65,438 | €139,404 | +€73,966 | +113% |
| Financial debts | 43 | €154 | €367 | +€213 | +138% |
| Credit institutions | 430/8 | €154 | €367 | +€213 | +138% |
| Trade debts | 44 | €5,103 | €8,902 | +€3,799 | +74.4% |
| Suppliers | 440/4 | €4,615 | €8,902 | +€4,287 | +92.9% |
| Bills of exchange payable | 441 | €488 | - | -€488 | |
| Taxes, remuneration and social security | 45 | €26,181 | €30,135 | +€3,954 | +15.1% |
| Taxes | 450/3 | €17,060 | €25,186 | +€8,126 | +47.6% |
| Remuneration and social security | 454/9 | €9,121 | €4,949 | -€4,172 | -45.7% |
| Other amounts payable | 47/48 | €34,000 | €100,000 | +€66,000 | +194% |
| Non-recurring operating income | 76A | €1,646 | - | -€1,646 | |
| Remuneration, social security and pensions | 62 | €32,079 | €40,638 | +€8,559 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84 | €478 | +€394 | +469% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €90,621 | €114,299 | +€23,678 | +26.1% |
| Operating profit (loss) | 9901 | €58,071 | €72,783 | +€14,712 | +25.3% |
| Financial income | 75/76B | €213 | - | -€213 | |
| Recurring financial income | 75 | €213 | - | -€213 | |
| Financial charges | 65/66B | €1,578 | €45 | -€1,533 | -97.1% |
| Recurring financial charges | 65 | €163 | €45 | -€118 | -72.4% |
| Non-recurring financial charges | 66B | €1,415 | - | -€1,415 | |
| Profit (loss) for the period before taxes | 9903 | €56,706 | €72,738 | +€16,032 | +28.3% |
| Income taxes | 67/77 | €14,565 | €18,679 | +€4,114 | +28.2% |
| Profit (loss) for the period | 9904 | €42,141 | €54,059 | +€11,918 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,141 | €54,059 | +€11,918 | +28.3% |
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 16 October 2026 via checked.be.