CUMA FASTRE: 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.
CUMA FASTRE
Largest movements
- Tangible fixed assets -€71,428
down €71,428 (-23.2%), from €307,440 to €236,011
of which Plant, machinery and equipment: -€45,076
- Receivables within one year +€37,703
up €37,703 (+43.5%), from €86,696 to €124,400
of which Trade receivables: +€31,119
- Cash -€29,836
down €29,836 (-21.5%), from €138,512 to €108,676
mainly Debts after one year (-€73,771) and Receivables within one year (-€37,703)
- Deferred charges and accrued income -€7,519
down €7,519 (-72.3%), from €10,393 to €2,874
- Debts after one year -€73,771
down €73,771 (-29.6%), from €249,314 to €175,543
- Turnover -€32,681
down €32,681 (-9.7%), from €337,909 to €305,228
- Depreciation -€21,990
down €21,990 (-19.1%), from €115,078 to €93,088
- Gross operating margin -€21,067
down €21,067 (-17.1%), from €123,305 to €102,238
- Purchases and services -€12,933
down €12,933 (-5.8%), from €222,085 to €209,152
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 | €557,605 | €486,283 | -€71,322 | -12.8% |
| Fixed assets | 21/28 | €307,600 | €236,171 | -€71,428 | -23.2% |
| Tangible fixed assets | 22/27 | €307,440 | €236,011 | -€71,428 | -23.2% |
| Plant, machinery and equipment | 23 | €141,074 | €95,998 | -€45,076 | -32.0% |
| Furniture and vehicles | 24 | €166,366 | €140,014 | -€26,353 | -15.8% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €250,005 | €250,111 | +€106 | 0.0% |
| Stocks and contracts in progress | 3 | €14,404 | €14,162 | -€242 | -1.7% |
| Stocks | 30/36 | €14,404 | €14,162 | -€242 | -1.7% |
| Amounts receivable within one year | 40/41 | €86,696 | €124,400 | +€37,703 | +43.5% |
| Trade receivables | 40 | €85,803 | €116,921 | +€31,119 | +36.3% |
| Other amounts receivable | 41 | €893 | €7,478 | +€6,585 | +737% |
| Cash at bank and in hand | 54/58 | €138,512 | €108,676 | -€29,836 | -21.5% |
| Deferred charges and accrued income | 490/1 | €10,393 | €2,874 | -€7,519 | -72.3% |
| Total equity and liabilities | 10/49 | €557,605 | €486,283 | -€71,322 | -12.8% |
| Equity | 10/15 | €111,701 | €112,692 | +€991 | +0.9% |
| Contributions | 10/11 | €39,200 | €39,200 | = | 0.0% |
| Reserves | 13 | €71,670 | €71,670 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,920 | €3,920 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,920 | €3,920 | = | 0.0% |
| Distributable reserves | 133 | €67,750 | €67,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €831 | €1,822 | +€991 | +119% |
| Amounts payable | 17/49 | €445,904 | €373,591 | -€72,313 | -16.2% |
| Amounts payable after more than one year | 17 | €249,314 | €175,543 | -€73,771 | -29.6% |
| Financial debts | 170/4 | €249,314 | €175,543 | -€73,771 | -29.6% |
| Amounts payable within one year | 42/48 | €196,590 | €198,048 | +€1,458 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €73,771 | €73,771 | +€0 | 0.0% |
| Trade debts | 44 | €16,541 | €15,028 | -€1,513 | -9.1% |
| Suppliers | 440/4 | €16,541 | €15,028 | -€1,513 | -9.1% |
| Taxes, remuneration and social security | 45 | - | €14 | +€14 | |
| Taxes | 450/3 | - | €14 | +€14 | |
| Other amounts payable | 47/48 | €106,278 | €109,234 | +€2,956 | +2.8% |
| Turnover | 70 | €337,909 | €305,228 | -€32,681 | -9.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €222,085 | €209,152 | -€12,933 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,078 | €93,088 | -€21,990 | -19.1% |
| Other operating charges | 640/8 | €1,112 | €1,079 | -€33 | -3.0% |
| Gross operating margin | 9900 | €123,305 | €102,238 | -€21,067 | -17.1% |
| Operating profit (loss) | 9901 | €7,116 | €8,071 | +€955 | +13.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €8,618 | €7,080 | -€1,538 | -17.8% |
| Recurring financial charges | 65 | €8,618 | €7,080 | -€1,538 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,502 | €991 | +€2,493 | |
| Profit (loss) for the period | 9904 | -€1,502 | €991 | +€2,493 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,502 | €991 | +€2,493 |
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 16 October 2026 via checked.be.