Cayenne: 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.
Cayenne
Largest movements
- Cash +€10,741
up €10,741 (+399.0%), from €2,692 to €13,433
mainly Net result for the year (+€31,012) and Other debts (+€17,042)
- Receivables within one year -€4,837
down €4,837 (-50.0%), from €9,672 to €4,834
of which Trade receivables: -€7,628
- Tangible fixed assets -€4,446
down €4,446 (-21.1%), from €21,073 to €16,626
of which Other tangible fixed assets: -€2,547
- Stocks and contracts +€1,185
up €1,185 (+46.3%), from €2,561 to €3,746
- Deferred charges and accrued income -€733
down €733 (-100.0%), from €733 to €0
- Trade debts -€49,255
down €49,255 (-70.3%), from €70,085 to €20,830
- Profit (loss) carried forward +€31,012
up €31,012 (+35.3%), from -€87,762 to -€56,749
- Other debts +€17,042
up €17,042 (+113.2%), from €15,050 to €32,092
- Tax, wage and social debts +€4,906
up €4,906 (+127.2%), from €3,857 to €8,763
- Debts after one year -€2,045
down €2,045 (-6.4%), from €31,749 to €29,704
of which Financial debts: -€2,045
- Staff costs -€61,670
down €61,670 (-66.0%), from €93,383 to €31,713
- Gross operating margin +€5,127
up €5,127 (+7.6%), from €67,311 to €72,438
- Other operating charges +€4,236
up €4,236 (+648.2%), from €654 to €4,890
- Depreciation -€1,548
down €1,548 (-24.8%), from €6,244 to €4,695
- Financial income +€1,004
up €1,004 (+531.0%), from €189 to €1,194
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 | €36,979 | €38,640 | +€1,661 | +4.5% |
| Fixed assets | 21/28 | €21,322 | €16,626 | -€4,695 | -22.0% |
| Intangible fixed assets | 21 | €249 | €0 | -€249 | -100.0% |
| Tangible fixed assets | 22/27 | €21,073 | €16,626 | -€4,446 | -21.1% |
| Plant, machinery and equipment | 23 | €1,499 | €448 | -€1,051 | -70.1% |
| Furniture and vehicles | 24 | €4,362 | €3,514 | -€848 | -19.4% |
| Other tangible fixed assets | 26 | €15,212 | €12,665 | -€2,547 | -16.7% |
| Current assets | 29/58 | €15,657 | €22,013 | +€6,356 | +40.6% |
| Stocks and contracts in progress | 3 | €2,561 | €3,746 | +€1,185 | +46.3% |
| Stocks | 30/36 | €2,561 | €3,746 | +€1,185 | +46.3% |
| Amounts receivable within one year | 40/41 | €9,672 | €4,834 | -€4,837 | -50.0% |
| Trade receivables | 40 | €7,628 | €0 | -€7,628 | -100.0% |
| Other amounts receivable | 41 | €2,044 | €4,834 | +€2,790 | +136.5% |
| Cash at bank and in hand | 54/58 | €2,692 | €13,433 | +€10,741 | +399.0% |
| Deferred charges and accrued income | 490/1 | €733 | €0 | -€733 | -100.0% |
| Total equity and liabilities | 10/49 | €36,979 | €38,640 | +€1,661 | +4.5% |
| Equity | 10/15 | -€83,762 | -€52,749 | +€31,012 | +37.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,762 | -€56,749 | +€31,012 | +35.3% |
| Amounts payable | 17/49 | €120,741 | €91,389 | -€29,352 | -24.3% |
| Amounts payable after more than one year | 17 | €31,749 | €29,704 | -€2,045 | -6.4% |
| Financial debts | 170/4 | €22,977 | €20,932 | -€2,045 | -8.9% |
| Other amounts payable | 178/9 | €8,772 | €8,772 | = | 0.0% |
| Amounts payable within one year | 42/48 | €88,992 | €61,685 | -€27,307 | -30.7% |
| Trade debts | 44 | €70,085 | €20,830 | -€49,255 | -70.3% |
| Suppliers | 440/4 | €70,085 | €20,830 | -€49,255 | -70.3% |
| Taxes, remuneration and social security | 45 | €3,857 | €8,763 | +€4,906 | +127.2% |
| Taxes | 450/3 | €3,857 | €8,763 | +€4,906 | +127.2% |
| Other amounts payable | 47/48 | €15,050 | €32,092 | +€17,042 | +113.2% |
| Non-recurring operating income | 76A | - | €41 | +€41 | |
| Remuneration, social security and pensions | 62 | €93,383 | €31,713 | -€61,670 | -66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,244 | €4,695 | -€1,548 | -24.8% |
| Other operating charges | 640/8 | €654 | €4,890 | +€4,236 | +648.2% |
| Gross operating margin | 9900 | €67,311 | €72,438 | +€5,127 | +7.6% |
| Operating profit (loss) | 9901 | -€32,970 | €31,140 | +€64,109 | |
| Financial income | 75/76B | €189 | €1,194 | +€1,004 | +531.0% |
| Recurring financial income | 75 | €189 | €1,194 | +€1,004 | +531.0% |
| Financial charges | 65/66B | €1,485 | €813 | -€672 | -45.3% |
| Recurring financial charges | 65 | €1,485 | €813 | -€672 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | -€34,266 | €31,520 | +€65,786 | |
| Income taxes | 67/77 | €652 | €508 | -€144 | -22.1% |
| Profit (loss) for the period | 9904 | -€34,918 | €31,012 | +€65,930 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,918 | €31,012 | +€65,930 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.