CAYMAN: 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.
CAYMAN
Largest movements
- Receivables within one year +€29,499
up €29,499 (+35.2%), from €83,827 to €113,326
of which Other amounts receivable: +€30,646
- Cash -€11,546
down €11,546 (-10.5%), from €109,854 to €98,308
mainly Receivables within one year (-€29,499) and Tax, wage and social debts (-€3,589)
- Reserves +€18,600
up €18,600 (+9.9%), from €188,253 to €206,853
- Tax, wage and social debts -€3,589
down €3,589 (-56.5%), from €6,352 to €2,762
- Gross operating margin -€34,472
down €34,472 (-59.9%), from €57,509 to €23,038
- Taxes -€9,748
down €9,748 (-51.2%), from €19,044 to €9,296
- Other operating charges -€4,895
down €4,895 (-85.8%), from €5,705 to €810
- Write-downs +€3,818
up €3,818, from -€3,818 to €0
- Financial income +€2,804
up €2,804 (+62.8%), from €4,469 to €7,273
of which Non-recurring financial income: +€4,797
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 | €195,249 | €211,634 | +€16,385 | +8.4% |
| Fixed assets | 21/28 | €709 | €0 | -€709 | -100.0% |
| Tangible fixed assets | 22/27 | €709 | €0 | -€709 | -100.0% |
| Furniture and vehicles | 24 | €709 | €0 | -€709 | -100.0% |
| Current assets | 29/58 | €194,540 | €211,634 | +€17,094 | +8.8% |
| Amounts receivable within one year | 40/41 | €83,827 | €113,326 | +€29,499 | +35.2% |
| Trade receivables | 40 | €1,146 | €0 | -€1,146 | -100.0% |
| Other amounts receivable | 41 | €82,681 | €113,326 | +€30,646 | +37.1% |
| Cash at bank and in hand | 54/58 | €109,854 | €98,308 | -€11,546 | -10.5% |
| Deferred charges and accrued income | 490/1 | €859 | €0 | -€859 | -100.0% |
| Total equity and liabilities | 10/49 | €195,249 | €211,634 | +€16,385 | +8.4% |
| Equity | 10/15 | €188,898 | €208,872 | +€19,974 | +10.6% |
| Reserves | 13 | €188,253 | €206,853 | +€18,600 | +9.9% |
| Distributable reserves | 133 | €188,253 | €206,853 | +€18,600 | +9.9% |
| Profit (loss) carried forward | 14 | €644 | €2,019 | +€1,374 | +213.3% |
| Amounts payable | 17/49 | €6,352 | €2,762 | -€3,589 | -56.5% |
| Amounts payable within one year | 42/48 | €6,352 | €2,762 | -€3,589 | -56.5% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,352 | €2,762 | -€3,589 | -56.5% |
| Taxes | 450/3 | €6,352 | €2,762 | -€3,589 | -56.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48 | €0 | -€48 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,818 | €0 | +€3,818 | |
| Other operating charges | 640/8 | €5,705 | €810 | -€4,895 | -85.8% |
| Gross operating margin | 9900 | €57,509 | €23,038 | -€34,472 | -59.9% |
| Operating profit (loss) | 9901 | €55,573 | €22,227 | -€33,346 | -60.0% |
| Financial income | 75/76B | €4,469 | €7,273 | +€2,804 | +62.8% |
| Recurring financial income | 75 | €4,469 | €2,476 | -€1,993 | -44.6% |
| Non-recurring financial income | 76B | - | €4,797 | +€4,797 | |
| Financial charges | 65/66B | €190 | €230 | +€40 | +20.9% |
| Recurring financial charges | 65 | €190 | €230 | +€40 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €59,852 | €29,270 | -€30,582 | -51.1% |
| Income taxes | 67/77 | €19,044 | €9,296 | -€9,748 | -51.2% |
| Profit (loss) for the period | 9904 | €40,808 | €19,974 | -€20,834 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,808 | €19,974 | -€20,834 | -51.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.