Cuwenozi: 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.
Cuwenozi
Largest movements
- Receivables within one year +€4,888
new in 2025: €4,888
of which Trade receivables: +€4,715
- Tangible fixed assets -€4,865
down €4,865 (-35.7%), from €13,639 to €8,774
of which Furniture and vehicles: -€3,460
- Cash -€479
down €479 (-60.4%), from €793 to €314
mainly Receivables within one year (-€4,888) and Net result for the year (-€2,590)
- Profit (loss) carried forward -€2,590
down €2,590 (-24.2%), from -€10,695 to -€13,285
- Trade debts +€1,266
new in 2025: €1,266
- Tax, wage and social debts +€868
up €868 (+11216.3%), from €8 to €876
- Gross operating margin +€9,326
up €9,326, from -€6,434 to €2,892
- Depreciation +€1,293
up €1,293 (+36.2%), from €3,572 to €4,865
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 | €14,432 | €13,976 | -€456 | -3.2% |
| Fixed assets | 21/28 | €13,639 | €8,774 | -€4,865 | -35.7% |
| Tangible fixed assets | 22/27 | €13,639 | €8,774 | -€4,865 | -35.7% |
| Plant, machinery and equipment | 23 | €5,001 | €3,596 | -€1,405 | -28.1% |
| Furniture and vehicles | 24 | €8,638 | €5,178 | -€3,460 | -40.1% |
| Current assets | 29/58 | €793 | €5,202 | +€4,409 | +555.8% |
| Amounts receivable within one year | 40/41 | - | €4,888 | +€4,888 | |
| Trade receivables | 40 | - | €4,715 | +€4,715 | |
| Other amounts receivable | 41 | - | €173 | +€173 | |
| Cash at bank and in hand | 54/58 | €793 | €314 | -€479 | -60.4% |
| Total equity and liabilities | 10/49 | €14,432 | €13,976 | -€456 | -3.2% |
| Equity | 10/15 | €7,512 | €4,922 | -€2,590 | -34.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €3,207 | €3,207 | = | 0.0% |
| Distributable reserves | 133 | €3,207 | €3,207 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,695 | -€13,285 | -€2,590 | -24.2% |
| Amounts payable | 17/49 | €6,920 | €9,054 | +€2,134 | +30.8% |
| Amounts payable within one year | 42/48 | €5,920 | €8,054 | +€2,134 | +36.0% |
| Trade debts | 44 | - | €1,266 | +€1,266 | |
| Suppliers | 440/4 | - | €1,266 | +€1,266 | |
| Taxes, remuneration and social security | 45 | €8 | €876 | +€868 | +11216.3% |
| Taxes | 450/3 | €8 | €876 | +€868 | +11216.3% |
| Other amounts payable | 47/48 | €5,912 | €5,912 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,572 | €4,865 | +€1,293 | +36.2% |
| Other operating charges | 640/8 | €628 | €573 | -€55 | -8.8% |
| Gross operating margin | 9900 | -€6,434 | €2,892 | +€9,326 | |
| Operating profit (loss) | 9901 | -€10,634 | -€2,545 | +€8,089 | +76.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €61 | €45 | -€16 | -26.2% |
| Recurring financial charges | 65 | €61 | €45 | -€16 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,695 | -€2,590 | +€8,105 | +75.8% |
| Profit (loss) for the period | 9904 | -€10,695 | -€2,590 | +€8,105 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,695 | -€2,590 | +€8,105 | +75.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.