Cavinex: what changed
Two fiscal 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.
Cavinex
Largest movements
- Cash -€112,379
down €112,379 (-40.4%), from €278,417 to €166,038
mainly Other debts (-€113,034) and Contributions, distributions and other (-€64,982)
- Other debts -€113,034
down €113,034 (-37.7%), from €300,061 to €187,026
- Gross operating margin -€10,925
down €10,925 (-10.7%), from €102,341 to €91,415
- Financial charges -€2,770
down €2,770 (-49.4%), from €5,606 to €2,836
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 | €320,838 | €206,841 | -€113,996 | -35.5% |
| Fixed assets | 21/28 | €13,623 | €12,976 | -€647 | -4.7% |
| Tangible fixed assets | 22/27 | €1,228 | €581 | -€647 | -52.7% |
| Furniture and vehicles | 24 | €1,228 | €581 | -€647 | -52.7% |
| Financial fixed assets | 28 | €12,395 | €12,395 | = | 0.0% |
| Current assets | 29/58 | €307,215 | €193,865 | -€113,350 | -36.9% |
| Amounts receivable within one year | 40/41 | €23,528 | €23,813 | +€285 | +1.2% |
| Trade receivables | 40 | €23,400 | €22,474 | -€927 | -4.0% |
| Other amounts receivable | 41 | €128 | €1,339 | +€1,212 | +949.3% |
| Cash at bank and in hand | 54/58 | €278,417 | €166,038 | -€112,379 | -40.4% |
| Deferred charges and accrued income | 490/1 | €5,270 | €4,015 | -€1,255 | -23.8% |
| Total equity and liabilities | 10/49 | €320,838 | €206,841 | -€113,996 | -35.5% |
| Equity | 10/15 | €5,512 | €5,000 | -€512 | -9.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €512 | €0 | -€512 | -100.0% |
| Distributable reserves | 133 | €512 | €0 | -€512 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €315,326 | €201,841 | -€113,485 | -36.0% |
| Amounts payable within one year | 42/48 | €315,326 | €201,841 | -€113,485 | -36.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,704 | €4,304 | +€2,600 | +152.6% |
| Suppliers | 440/4 | €1,704 | €4,304 | +€2,600 | +152.6% |
| Taxes, remuneration and social security | 45 | €13,561 | €10,511 | -€3,050 | -22.5% |
| Taxes | 450/3 | €13,561 | €10,511 | -€3,050 | -22.5% |
| Other amounts payable | 47/48 | €300,061 | €187,026 | -€113,034 | -37.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €652 | €647 | -€5 | -0.8% |
| Other operating charges | 640/8 | €1,918 | €1,818 | -€100 | -5.2% |
| Gross operating margin | 9900 | €102,341 | €91,415 | -€10,925 | -10.7% |
| Operating profit (loss) | 9901 | €99,770 | €88,950 | -€10,820 | -10.8% |
| Financial income | 75/76B | €4 | €2 | -€2 | -48.6% |
| Recurring financial income | 75 | €4 | €2 | -€2 | -48.6% |
| Financial charges | 65/66B | €5,606 | €2,836 | -€2,770 | -49.4% |
| Recurring financial charges | 65 | €5,606 | €2,836 | -€2,770 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €94,168 | €86,116 | -€8,052 | -8.6% |
| Income taxes | 67/77 | €22,292 | €21,647 | -€646 | -2.9% |
| Profit (loss) for the period | 9904 | €71,876 | €64,470 | -€7,406 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,876 | €64,470 | -€7,406 | -10.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.