CAYMAN: 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.
CAYMAN
Largest movements
- Receivables within one year +€76,433
up €76,433 (+40.2%), from €189,994 to €266,427
of which Trade receivables: +€76,458
- Cash -€57,600
down €57,600 (-65.6%), from €87,739 to €30,139
mainly Receivables within one year (-€76,433) and Trade debts (-€4,265)
- Tax, wage and social debts +€15,640
up €15,640 (+37.8%), from €41,361 to €57,001
of which Taxes: +€14,454
- Profit (loss) carried forward +€5,490
up €5,490 (+1.6%), from -€334,844 to -€329,354
- Trade debts -€4,265
down €4,265 (-6.9%), from €62,245 to €57,979
- Gross operating margin +€72,584
up €72,584 (+26.9%), from €269,395 to €341,979
- Staff costs +€21,519
up €21,519 (+7.0%), from €305,451 to €326,970
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.
Derived cash bridge
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 | €287,648 | €306,080 | +€18,433 | +6.4% |
| Fixed assets | 21/28 | €9,915 | €7,802 | -€2,113 | -21.3% |
| Tangible fixed assets | 22/27 | €6,885 | €4,772 | -€2,113 | -30.7% |
| Plant, machinery and equipment | 23 | €1,557 | €830 | -€727 | -46.7% |
| Furniture and vehicles | 24 | €3,485 | €2,488 | -€997 | -28.6% |
| Other tangible fixed assets | 26 | €1,843 | €1,454 | -€389 | -21.1% |
| Financial fixed assets | 28 | €3,030 | €3,030 | = | 0.0% |
| Current assets | 29/58 | €277,732 | €298,279 | +€20,546 | +7.4% |
| Amounts receivable within one year | 40/41 | €189,994 | €266,427 | +€76,433 | +40.2% |
| Trade receivables | 40 | €182,773 | €259,231 | +€76,458 | +41.8% |
| Other amounts receivable | 41 | €7,220 | €7,196 | -€24 | -0.3% |
| Cash at bank and in hand | 54/58 | €87,739 | €30,139 | -€57,600 | -65.6% |
| Deferred charges and accrued income | 490/1 | €0 | €1,712 | +€1,712 | |
| Total equity and liabilities | 10/49 | €287,648 | €306,080 | +€18,433 | +6.4% |
| Equity | 10/15 | €101,716 | €107,206 | +€5,490 | +5.4% |
| Contributions | 10/11 | €418,600 | €418,600 | = | 0.0% |
| Reserves | 13 | €17,960 | €17,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,100 | €16,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€334,844 | -€329,354 | +€5,490 | +1.6% |
| Amounts payable | 17/49 | €185,932 | €198,874 | +€12,942 | +7.0% |
| Amounts payable within one year | 42/48 | €185,432 | €198,374 | +€12,942 | +7.0% |
| Financial debts | 43 | €147 | €1,715 | +€1,568 | +1,066% |
| Credit institutions | 430/8 | €147 | €1,715 | +€1,568 | +1,066% |
| Trade debts | 44 | €62,245 | €57,979 | -€4,265 | -6.9% |
| Suppliers | 440/4 | €62,245 | €57,979 | -€4,265 | -6.9% |
| Taxes, remuneration and social security | 45 | €41,361 | €57,001 | +€15,640 | +37.8% |
| Taxes | 450/3 | €6,241 | €20,695 | +€14,454 | +232% |
| Remuneration and social security | 454/9 | €35,120 | €36,306 | +€1,186 | +3.4% |
| Other amounts payable | 47/48 | €81,679 | €81,679 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €305,451 | €326,970 | +€21,519 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,475 | €2,798 | +€322 | +13.0% |
| Other operating charges | 640/8 | €1,096 | €1,096 | +€0 | 0.0% |
| Gross operating margin | 9900 | €269,395 | €341,979 | +€72,584 | +26.9% |
| Operating profit (loss) | 9901 | -€39,627 | €11,115 | +€50,742 | |
| Financial income | 75/76B | €425 | €646 | +€221 | +52.1% |
| Recurring financial income | 75 | €425 | €646 | +€221 | +52.1% |
| Financial charges | 65/66B | €5,802 | €5,542 | -€260 | -4.5% |
| Recurring financial charges | 65 | €5,802 | €5,542 | -€260 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€45,004 | €6,219 | +€51,223 | |
| Income taxes | 67/77 | €659 | €728 | +€70 | +10.6% |
| Profit (loss) for the period | 9904 | -€45,663 | €5,490 | +€51,153 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,663 | €5,490 | +€51,153 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.