CAZUBA: 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.
CAZUBA
Largest movements
- Cash -€95,842
down €95,842 (-83.0%), from €115,463 to €19,620
mainly Current investments (-€90,000) and Other debts (-€15,577)
- Current investments +€90,000
up €90,000 (+140,756%), from €64 to €90,064
- Stocks and contracts +€3,242
up €3,242 (+33.7%), from €9,619 to €12,861
- Profit (loss) carried forward +€23,217
up €23,217 (+25.7%), from €90,385 to €113,602
- Other debts -€15,577
down €15,577 (-64.4%), from €24,177 to €8,600
- Tax, wage and social debts -€7,976
down €7,976 (-70.2%), from €11,362 to €3,386
of which Taxes: -€9,494
- Staff costs +€14,979
new in 2025: €14,979
- Gross operating margin +€3,990
up €3,990 (+9.2%), from €43,359 to €47,349
- Taxes -€3,167
down €3,167 (-27.9%), from €11,362 to €8,195
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 | €216,802 | €214,437 | -€2,365 | -1.1% |
| Current assets | 29/58 | €216,802 | €214,437 | -€2,365 | -1.1% |
| Stocks and contracts in progress | 3 | €9,619 | €12,861 | +€3,242 | +33.7% |
| Stocks | 30/36 | €9,619 | €12,861 | +€3,242 | +33.7% |
| Amounts receivable within one year | 40/41 | €89,537 | €89,010 | -€527 | -0.6% |
| Trade receivables | 40 | €438 | €903 | +€465 | +106% |
| Other amounts receivable | 41 | €89,099 | €88,107 | -€992 | -1.1% |
| Current investments | 50/53 | €64 | €90,064 | +€90,000 | +140,756% |
| Cash at bank and in hand | 54/58 | €115,463 | €19,620 | -€95,842 | -83.0% |
| Deferred charges and accrued income | 490/1 | €2,120 | €2,883 | +€762 | +36.0% |
| Total equity and liabilities | 10/49 | €216,802 | €214,437 | -€2,365 | -1.1% |
| Equity | 10/15 | €170,845 | €194,062 | +€23,217 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,860 | €61,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €51,860 | €51,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,385 | €113,602 | +€23,217 | +25.7% |
| Amounts payable | 17/49 | €45,957 | €20,375 | -€25,582 | -55.7% |
| Amounts payable within one year | 42/48 | €36,452 | €11,986 | -€24,466 | -67.1% |
| Trade debts | 44 | €913 | - | -€913 | |
| Suppliers | 440/4 | €913 | - | -€913 | |
| Taxes, remuneration and social security | 45 | €11,362 | €3,386 | -€7,976 | -70.2% |
| Taxes | 450/3 | €11,362 | €1,868 | -€9,494 | -83.6% |
| Remuneration and social security | 454/9 | - | €1,518 | +€1,518 | |
| Other amounts payable | 47/48 | €24,177 | €8,600 | -€15,577 | -64.4% |
| Accrued charges and deferred income | 492/3 | €9,506 | €8,389 | -€1,116 | -11.7% |
| Remuneration, social security and pensions | 62 | - | €14,979 | +€14,979 | |
| Other operating charges | 640/8 | €535 | €599 | +€63 | +11.8% |
| Gross operating margin | 9900 | €43,359 | €47,349 | +€3,990 | +9.2% |
| Operating profit (loss) | 9901 | €42,823 | €31,771 | -€11,052 | -25.8% |
| Financial charges | 65/66B | €392 | €360 | -€32 | -8.2% |
| Recurring financial charges | 65 | €392 | €360 | -€32 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €42,432 | €31,412 | -€11,020 | -26.0% |
| Income taxes | 67/77 | €11,362 | €8,195 | -€3,167 | -27.9% |
| Profit (loss) for the period | 9904 | €31,070 | €23,217 | -€7,853 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,070 | €23,217 | -€7,853 | -25.3% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.