Cawa: 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.
Cawa
Largest movements
- Cash -€101,888
down €101,888 (-81.7%), from €124,693 to €22,806
mainly Receivables within one year (-€53,117) and Accrued charges and deferred income (-€53,000)
- Receivables within one year +€53,117
up €53,117 (+561.7%), from €9,456 to €62,573
of which Trade receivables: +€33,692
- Financial fixed assets +€2,400
new in 2024: €2,400
- Accrued charges and deferred income -€53,000
down €53,000 (-100.0%), from €53,000 to €0
- Debts within one year +€33,049
up €33,049 (+119.7%), from €27,604 to €60,653
of which Tax, wage and social debts: +€19,534
- Profit (loss) carried forward -€27,239
down €27,239, from €5,098 to -€22,141
- Staff costs +€198,626
up €198,626 (+543.5%), from €36,543 to €235,169
- Gross operating margin +€166,183
up €166,183 (+393.5%), from €42,234 to €208,417
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,702 | €88,512 | -€47,190 | -34.8% |
| Fixed assets | 21/28 | €1,552 | €3,133 | +€1,581 | +101.9% |
| Tangible fixed assets | 22/27 | €1,552 | €733 | -€819 | -52.7% |
| Furniture and vehicles | 24 | €1,552 | €733 | -€819 | -52.7% |
| Financial fixed assets | 28 | - | €2,400 | +€2,400 | |
| Current assets | 29/58 | €134,150 | €85,379 | -€48,771 | -36.4% |
| Amounts receivable within one year | 40/41 | €9,456 | €62,573 | +€53,117 | +561.7% |
| Trade receivables | 40 | €9,456 | €43,148 | +€33,692 | +356.3% |
| Other amounts receivable | 41 | €0 | €19,425 | +€19,425 | |
| Cash at bank and in hand | 54/58 | €124,693 | €22,806 | -€101,888 | -81.7% |
| Total equity and liabilities | 10/49 | €135,702 | €88,512 | -€47,190 | -34.8% |
| Equity | 10/15 | €55,098 | €27,859 | -€27,239 | -49.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,098 | -€22,141 | -€27,239 | |
| Amounts payable | 17/49 | €80,604 | €60,653 | -€19,951 | -24.8% |
| Amounts payable within one year | 42/48 | €27,604 | €60,653 | +€33,049 | +119.7% |
| Trade debts | 44 | €494 | €4,958 | +€4,464 | +903.6% |
| Suppliers | 440/4 | €494 | €4,958 | +€4,464 | +903.6% |
| Taxes, remuneration and social security | 45 | €26,161 | €45,695 | +€19,534 | +74.7% |
| Taxes | 450/3 | €20,676 | €18,993 | -€1,683 | -8.1% |
| Remuneration and social security | 454/9 | €5,485 | €26,703 | +€21,217 | +386.8% |
| Accrued charges and deferred income | 492/3 | €53,000 | €0 | -€53,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €36,543 | €235,169 | +€198,626 | +543.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | €283 | +€132 | +87.7% |
| Other operating charges | 640/8 | €89 | €200 | +€111 | +123.9% |
| Gross operating margin | 9900 | €42,234 | €208,417 | +€166,183 | +393.5% |
| Operating profit (loss) | 9901 | €5,451 | -€27,236 | -€32,687 | |
| Financial income | 75/76B | - | €338 | +€338 | |
| Recurring financial income | 75 | - | €65 | +€65 | |
| Non-recurring financial income | 76B | - | €273 | +€273 | |
| Financial charges | 65/66B | €353 | €341 | -€12 | -3.3% |
| Recurring financial charges | 65 | €353 | €341 | -€12 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €5,098 | -€27,239 | -€32,337 | |
| Profit (loss) for the period | 9904 | €5,098 | -€27,239 | -€32,337 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,098 | -€27,239 | -€32,337 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.