CAVIAR ANTWERP: what changed
What changed
CAVIAR ANTWERP
NACE 59.112, Motion picture, video and television programme production, sound recording and music publishing activities
filed annual accounts (NBB)
Net result for the year
€198,373
2024 · -€398,642+€597,015
Equity
€4.3m
2024 · €4.1m+€198,373
Cash
€623,379
2024 · €1.0m-€419,223
Balance sheet total
€14.6m
2024 · €13.8m+€753,732
Largest movements
Assets
- Receivables within one year +€1.6m
up €1.6m (+60.2%), from €2.6m to €4.2m
of which Trade receivables: +€2.9m
- Deferred charges and accrued income -€836,213
down €836,213 (-61.3%), from €1.4m to €528,010
- Cash -€419,223
down €419,223 (-40.2%), from €1.0m to €623,379
mainly Accrued charges and deferred income (-€1.7m) and Receivables within one year (-€1.6m)
- Stocks and contracts +€372,369
up €372,369 (+24.3%), from €1.5m to €1.9m
of which Contracts in progress: +€364,515
Equity and liabilities
- Accrued charges and deferred income -€1.7m
down €1.7m (-80.4%), from €2.1m to €414,801
- Debts after one year +€1.6m
up €1.6m (+71.0%), from €2.3m to €3.9m
- Trade debts +€1.3m
up €1.3m (+163%), from €771,281 to €2.0m
- Other debts -€1.2m
down €1.2m (-64.9%), from €1.8m to €638,524
- Short-term financial debts -€975,000
no longer reported in 2025 (was €975,000)
Income statement
- Turnover -€9.5m
down €9.5m (-58.7%), from €16.3m to €6.7m
- Goods and materials -€1.7m
down €1.7m (-32.7%), from €5.1m to €3.4m
of which Purchases: -€1.6m
- Other operating income +€567,006
up €567,006 (+23.2%), from €2.4m to €3.0m
- Financial charges -€512,968
down €512,968 (-50.1%), from €1.0m to €510,126
of which Non-recurring financial charges: -€297,600
- Services and other goods +€431,823
up €431,823 (+14.3%), from €3.0m to €3.4m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€398,642
Turnover
-€9.5m
Other operating income
+€567,006
Goods and materials
+€1.7m
Services and other goods
-€431,823
Staff costs
+€58,323
Depreciation
+€4,157
Other operating charges
-€441
Other operating items
+€7.9m
Financial income
-€2,869
Financial charges
+€512,968
Taxes
-€95,675
Result 2025
€198,373
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.6m
Investment
-€156,051
Financing
+€1.3m
Cash 2024
€1.0m
From operations (derived)
-€1.6m
Net result for the year
+€198,373
Depreciation
+€93,806
Receivables after one year
-€1,366
Stocks and contracts
-€372,369
Receivables within one year
-€1.6m
Deferred charges and accrued income
+€836,213
Trade debts
+€1.3m
Tax, wage and social debts
-€16,463
Advances received
+€904,624
Other debts
-€1.2m
Accrued charges and deferred income
-€1.7m
Investment (derived)
-€156,051
Investment in fixed assets (net)
-€156,051
Financing
+€1.3m
Debts after one year
+€1.6m
Current portion of long-term debt
+€649,371
Short-term financial debts
-€975,000
Cash 2025
€623,379
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,842,294 | €14,596,027 | +€753,732 | +5.4% |
| Fixed assets | 21/28 | €7,201,617 | €7,263,862 | +€62,245 | +0.9% |
| Intangible fixed assets | 21 | €4,268 | €0 | -€4,268 | -100% |
| Tangible fixed assets | 22/27 | €85,689 | €110,681 | +€24,993 | +29.2% |
| Plant, machinery and equipment | 23 | €70,154 | €94,326 | +€24,171 | +34.5% |
| Furniture and vehicles | 24 | €1,612 | €6,260 | +€4,648 | +288% |
| Other tangible fixed assets | 26 | €13,922 | €10,095 | -€3,827 | -27.5% |
| Financial fixed assets | 28 | €7,111,661 | €7,153,180 | +€41,520 | +0.6% |
| Affiliated companies | 280/1 | €4,832,581 | €4,832,581 | = | 0.0% |
| Participating interests | 280 | €4,832,581 | €4,832,581 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €2,279,080 | €2,320,600 | +€41,520 | +1.8% |
| Participating interests | 282 | €2,279,080 | €2,320,600 | +€41,520 | +1.8% |
| Current assets | 29/58 | €6,640,677 | €7,332,165 | +€691,488 | +10.4% |
| Amounts receivable after more than one year | 29 | €91,131 | €92,498 | +€1,366 | +1.5% |
| Trade receivables | 290 | €91,131 | €92,498 | +€1,366 | +1.5% |
| Stocks and contracts in progress | 3 | €1,529,794 | €1,902,164 | +€372,369 | +24.3% |
| Stocks | 30/36 | €18,938 | €26,792 | +€7,854 | +41.5% |
| Goods purchased for resale | 34 | €18,938 | €26,792 | +€7,854 | +41.5% |
| Contracts in progress | 37 | €1,510,856 | €1,875,372 | +€364,515 | +24.1% |
| Amounts receivable within one year | 40/41 | €2,612,925 | €4,186,114 | +€1.6m | +60.2% |
| Trade receivables | 40 | €1,233,779 | €4,159,538 | +€2.9m | +237% |
| Other amounts receivable | 41 | €1,379,147 | €26,576 | -€1.4m | -98.1% |
| Cash at bank and in hand | 54/58 | €1,042,603 | €623,379 | -€419,223 | -40.2% |
| Deferred charges and accrued income | 490/1 | €1,364,224 | €528,010 | -€836,213 | -61.3% |
| Total equity and liabilities | 10/49 | €13,842,294 | €14,596,027 | +€753,732 | +5.4% |
| Equity | 10/15 | €4,137,036 | €4,335,409 | +€198,373 | +4.8% |
| Contributions | 10/11 | €3,380,000 | €3,380,000 | = | 0.0% |
| Reserves | 13 | €54,548 | €54,548 | = | 0.0% |
| Distributable reserves | 133 | €54,548 | €54,548 | = | 0.0% |
| Profit (loss) carried forward | 14 | €702,488 | €900,862 | +€198,373 | +28.2% |
| Amounts payable | 17/49 | €9,705,258 | €10,260,617 | +€555,359 | +5.7% |
| Amounts payable after more than one year | 17 | €2,279,080 | €3,896,229 | +€1.6m | +71.0% |
| Financial debts | 170/4 | €2,279,080 | €3,896,229 | +€1.6m | +71.0% |
| Other loans | 174 | €2,279,080 | €3,896,229 | +€1.6m | +71.0% |
| Amounts payable within one year | 42/48 | €5,307,726 | €5,949,588 | +€641,862 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | - | €649,371 | +€649,371 | |
| Financial debts | 43 | €975,000 | - | -€975,000 | |
| Other loans | 439 | €975,000 | - | -€975,000 | |
| Trade debts | 44 | €771,281 | €2,030,693 | +€1.3m | +163% |
| Suppliers | 440/4 | €771,281 | €2,030,693 | +€1.3m | +163% |
| Advances received on contracts in progress | 46 | €1,613,603 | €2,518,226 | +€904,624 | +56.1% |
| Taxes, remuneration and social security | 45 | €129,238 | €112,774 | -€16,463 | -12.7% |
| Taxes | 450/3 | €96,543 | €61,127 | -€35,416 | -36.7% |
| Remuneration and social security | 454/9 | €32,695 | €51,648 | +€18,953 | +58.0% |
| Other amounts payable | 47/48 | €1,818,605 | €638,524 | -€1.2m | -64.9% |
| Accrued charges and deferred income | 492/3 | €2,118,452 | €414,801 | -€1.7m | -80.4% |
| Operating income | 70/76A | €9,331,383 | €8,219,838 | -€1.1m | -11.9% |
| Turnover | 70 | €16,275,550 | €6,728,116 | -€9.5m | -58.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€9,388,667 | -€1,519,583 | +€7.9m | +83.8% |
| Other operating income | 74 | €2,444,299 | €3,011,305 | +€567,006 | +23.2% |
| Non-recurring operating income | 76A | €200 | - | -€200 | |
| Operating charges | 60/66A | €8,763,399 | €7,469,264 | -€1.3m | -14.8% |
| Goods for resale, raw materials and consumables | 60 | €5,094,590 | €3,430,670 | -€1.7m | -32.7% |
| Purchases | 600/8 | €5,079,512 | €3,430,670 | -€1.6m | -32.5% |
| Change in stocks: decrease (increase) | 609 | €15,078 | €0 | -€15,078 | -100% |
| Services and other goods | 61 | €3,012,386 | €3,444,209 | +€431,823 | +14.3% |
| Remuneration, social security and pensions | 62 | €558,253 | €499,930 | -€58,323 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,962 | €93,806 | -€4,157 | -4.2% |
| Other operating charges | 640/8 | €208 | €649 | +€441 | +212% |
| Operating profit (loss) | 9901 | €567,984 | €750,574 | +€182,591 | +32.1% |
| Financial income | 75/76B | €10,914 | €8,045 | -€2,869 | -26.3% |
| Recurring financial income | 75 | €10,914 | €8,045 | -€2,869 | -26.3% |
| Income from current assets | 751 | €1,145 | - | -€1,145 | |
| Other financial income | 752/9 | €9,769 | €8,045 | -€1,723 | -17.6% |
| Financial charges | 65/66B | €1,023,094 | €510,126 | -€512,968 | -50.1% |
| Recurring financial charges | 65 | €725,494 | €510,126 | -€215,368 | -29.7% |
| Debt charges | 650 | €704,845 | €494,167 | -€210,678 | -29.9% |
| Other financial charges | 652/9 | €20,649 | €15,959 | -€4,690 | -22.7% |
| Non-recurring financial charges | 66B | €297,600 | - | -€297,600 | |
| Profit (loss) for the period before taxes | 9903 | -€444,197 | €248,493 | +€692,690 | |
| Income taxes | 67/77 | -€45,555 | €50,120 | +€95,675 | |
| Taxes | 670/3 | - | €50,120 | +€50,120 | |
| Tax adjustments and reversals of tax provisions | 77 | €45,555 | - | -€45,555 | |
| Profit (loss) for the period | 9904 | -€398,642 | €198,373 | +€597,015 | |
| Profit (loss) for the period to be appropriated | 9905 | -€398,642 | €198,373 | +€597,015 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.