CAYMBE: 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.
What changed
CAYMBE
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€18,896
2024 · -€58,001+€39,105
Equity
€556,396
2024 · €575,292-€18,896
Cash
€493,966
2024 · €525,536-€31,570
Balance sheet total
€3.9m
2024 · €4.0m-€151,485
Largest movements
Assets
- Tangible fixed assets -€125,926
down €125,926 (-5.2%), from €2.4m to €2.3m
Equity and liabilities
- Debts after one year -€65,134
down €65,134 (-4.1%), from €1.6m to €1.5m
- Reserves -€51,277
down €51,277 (-5.8%), from €883,313 to €832,036
of which Tax-exempt reserves: -€51,277
Income statement
- Financial income +€18,882
up €18,882 (+92.6%), from €20,395 to €39,276
- Financial charges -€11,050
down €11,050 (-12.7%), from €87,118 to €76,068
- Gross operating margin +€10,244
up €10,244 (+8.2%), from €125,367 to €135,611
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.
Result 2024
-€58,001
Gross operating margin
+€10,244
Other operating charges
-€395
Financial income
+€18,882
Financial charges
+€11,050
Taxes
-€674
Result 2025
-€18,896
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.
From operations
+€32,219
Investment
€0
Financing
-€63,789
Cash 2024
€525,536
From operations (derived)
+€32,219
Net result for the year
-€18,896
Depreciation
+€125,926
Receivables within one year
-€5,980
Deferred charges and accrued income
-€31
Provisions
-€26,404
Trade debts
-€9,867
Tax, wage and social debts
+€845
Other debts
-€32,115
Accrued charges and deferred income
-€1,260
Financing
-€63,789
Debts after one year
-€65,134
Current portion of long-term debt
+€1,345
Cash 2025
€493,966
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,025,022 | €3,873,538 | -€151,485 | -3.8% |
| Fixed assets | 21/28 | €2,443,306 | €2,317,380 | -€125,926 | -5.2% |
| Tangible fixed assets | 22/27 | €2,443,306 | €2,317,380 | -€125,926 | -5.2% |
| Land and buildings | 22 | €2,443,306 | €2,317,380 | -€125,926 | -5.2% |
| Current assets | 29/58 | €1,581,716 | €1,556,158 | -€25,559 | -1.6% |
| Amounts receivable after more than one year | 29 | €890,000 | €890,000 | = | 0.0% |
| Other amounts receivable | 291 | €890,000 | €890,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €149,362 | €155,342 | +€5,980 | +4.0% |
| Trade receivables | 40 | €11,458 | €0 | -€11,458 | -100.0% |
| Other amounts receivable | 41 | €137,904 | €155,342 | +€17,438 | +12.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €525,536 | €493,966 | -€31,570 | -6.0% |
| Deferred charges and accrued income | 490/1 | €16,819 | €16,849 | +€31 | +0.2% |
| Total equity and liabilities | 10/49 | €4,025,022 | €3,873,538 | -€151,485 | -3.8% |
| Equity | 10/15 | €575,292 | €556,396 | -€18,896 | -3.3% |
| Contributions | 10/11 | €172,468 | €172,468 | = | 0.0% |
| Capital | 10 | €172,000 | €172,000 | = | 0.0% |
| Issued capital | 100 | €172,000 | €172,000 | = | 0.0% |
| Outside capital | 11 | €468 | €468 | = | 0.0% |
| Share premium | 1100/10 | €468 | €468 | = | 0.0% |
| Reserves | 13 | €883,313 | €832,036 | -€51,277 | -5.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €875,937 | €824,660 | -€51,277 | -5.9% |
| Distributable reserves | 133 | €1,175 | €1,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€480,489 | -€448,107 | +€32,381 | +6.7% |
| Provisions and deferred taxes | 16 | €450,523 | €424,120 | -€26,404 | -5.9% |
| Deferred taxes | 168 | €450,523 | €424,120 | -€26,404 | -5.9% |
| Amounts payable | 17/49 | €2,999,207 | €2,893,022 | -€106,185 | -3.5% |
| Amounts payable after more than one year | 17 | €1,605,522 | €1,540,388 | -€65,134 | -4.1% |
| Financial debts | 170/4 | €1,605,522 | €1,540,388 | -€65,134 | -4.1% |
| Amounts payable within one year | 42/48 | €1,366,468 | €1,326,676 | -€39,791 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €92,523 | €93,868 | +€1,345 | +1.5% |
| Financial debts | 43 | €890,200 | €890,200 | = | 0.0% |
| Credit institutions | 430/8 | €890,200 | €890,200 | = | 0.0% |
| Trade debts | 44 | €9,953 | €86 | -€9,867 | -99.1% |
| Suppliers | 440/4 | €9,953 | €86 | -€9,867 | -99.1% |
| Taxes, remuneration and social security | 45 | €0 | €845 | +€845 | |
| Taxes | 450/3 | €0 | €845 | +€845 | |
| Other amounts payable | 47/48 | €373,792 | €341,677 | -€32,115 | -8.6% |
| Accrued charges and deferred income | 492/3 | €27,217 | €25,958 | -€1,260 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,926 | €125,926 | = | 0.0% |
| Other operating charges | 640/8 | €17,123 | €17,518 | +€395 | +2.3% |
| Gross operating margin | 9900 | €125,367 | €135,611 | +€10,244 | +8.2% |
| Operating profit (loss) | 9901 | -€17,682 | -€7,833 | +€9,849 | +55.7% |
| Financial income | 75/76B | €20,395 | €39,276 | +€18,882 | +92.6% |
| Recurring financial income | 75 | €20,395 | €39,276 | +€18,882 | +92.6% |
| Financial charges | 65/66B | €87,118 | €76,068 | -€11,050 | -12.7% |
| Recurring financial charges | 65 | €87,118 | €76,068 | -€11,050 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€84,405 | -€44,625 | +€39,780 | +47.1% |
| Transfer from deferred taxes | 780 | €26,404 | €26,404 | = | 0.0% |
| Income taxes | 67/77 | €0 | €674 | +€674 | |
| Profit (loss) for the period | 9904 | -€58,001 | -€18,896 | +€39,105 | +67.4% |
| Transfer from tax-exempt reserves | 789 | €51,277 | €51,277 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,724 | €32,381 | +€39,105 |
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 1 October 2026 via checked.be.