Connecting Cables: 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.
Connecting Cables
Largest movements
- Cash +€164,658
up €164,658 (+48.4%), from €339,884 to €504,542
mainly Net result for the year (+€185,517) and Receivables within one year (+€51,517)
- Receivables within one year -€51,517
down €51,517 (-46.5%), from €110,892 to €59,375
of which Trade receivables: -€52,108
- Reserves +€185,517
up €185,517 (+32.7%), from €566,716 to €752,233
- Tax, wage and social debts -€42,065
down €42,065 (-61.8%), from €68,090 to €26,025
- Debts after one year -€38,807
down €38,807 (-11.2%), from €348,013 to €309,206
- Depreciation -€7,951
down €7,951 (-14.9%), from €53,365 to €45,414
- Gross operating margin -€6,704
down €6,704 (-2.0%), from €340,026 to €333,322
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 | €1,064,955 | €1,166,943 | +€101,988 | +9.6% |
| Fixed assets | 21/28 | €602,181 | €597,171 | -€5,010 | -0.8% |
| Tangible fixed assets | 22/27 | €602,181 | €597,171 | -€5,010 | -0.8% |
| Land and buildings | 22 | €547,645 | €559,169 | +€11,524 | +2.1% |
| Plant, machinery and equipment | 23 | €4,725 | €6,210 | +€1,485 | +31.4% |
| Furniture and vehicles | 24 | €49,811 | €31,792 | -€18,019 | -36.2% |
| Current assets | 29/58 | €462,774 | €569,772 | +€106,998 | +23.1% |
| Stocks and contracts in progress | 3 | €6,588 | - | -€6,588 | |
| Stocks | 30/36 | €6,588 | - | -€6,588 | |
| Amounts receivable within one year | 40/41 | €110,892 | €59,375 | -€51,517 | -46.5% |
| Trade receivables | 40 | €109,339 | €57,231 | -€52,108 | -47.7% |
| Other amounts receivable | 41 | €1,553 | €2,144 | +€591 | +38.0% |
| Cash at bank and in hand | 54/58 | €339,884 | €504,542 | +€164,658 | +48.4% |
| Deferred charges and accrued income | 490/1 | €5,410 | €5,854 | +€444 | +8.2% |
| Total equity and liabilities | 10/49 | €1,064,955 | €1,166,943 | +€101,988 | +9.6% |
| Equity | 10/15 | €599,734 | €785,251 | +€185,517 | +30.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €566,716 | €752,233 | +€185,517 | +32.7% |
| Distributable reserves | 133 | €566,716 | €752,233 | +€185,517 | +32.7% |
| Profit (loss) carried forward | 14 | €14,418 | €14,418 | -€0 | 0.0% |
| Amounts payable | 17/49 | €465,221 | €381,692 | -€83,529 | -18.0% |
| Amounts payable after more than one year | 17 | €348,013 | €309,206 | -€38,807 | -11.2% |
| Financial debts | 170/4 | €348,013 | €309,206 | -€38,807 | -11.2% |
| Amounts payable within one year | 42/48 | €117,208 | €72,486 | -€44,722 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €38,878 | €38,807 | -€71 | -0.2% |
| Trade debts | 44 | €3,940 | €3,495 | -€445 | -11.3% |
| Suppliers | 440/4 | €3,940 | €3,495 | -€445 | -11.3% |
| Taxes, remuneration and social security | 45 | €68,090 | €26,025 | -€42,065 | -61.8% |
| Taxes | 450/3 | €68,090 | €26,025 | -€42,065 | -61.8% |
| Other amounts payable | 47/48 | €6,300 | €4,159 | -€2,141 | -34.0% |
| Non-recurring operating income | 76A | - | €9,008 | +€9,008 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,365 | €45,414 | -€7,951 | -14.9% |
| Other operating charges | 640/8 | €8,140 | €8,759 | +€619 | +7.6% |
| Gross operating margin | 9900 | €340,026 | €333,322 | -€6,704 | -2.0% |
| Operating profit (loss) | 9901 | €278,521 | €279,149 | +€628 | +0.2% |
| Financial income | 75/76B | €245 | €527 | +€282 | +115.0% |
| Recurring financial income | 75 | €245 | €527 | +€282 | +115.0% |
| Financial charges | 65/66B | €10,561 | €9,297 | -€1,264 | -12.0% |
| Recurring financial charges | 65 | €10,561 | €9,297 | -€1,264 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €268,205 | €270,379 | +€2,174 | +0.8% |
| Income taxes | 67/77 | €85,658 | €84,863 | -€795 | -0.9% |
| Profit (loss) for the period | 9904 | €182,547 | €185,517 | +€2,970 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €182,547 | €185,517 | +€2,970 | +1.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.