H CAFFE: 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.
H CAFFE
Largest movements
- Receivables within one year -€23,763
down €23,763 (-18.3%), from €129,738 to €105,974
- Cash +€14,403
up €14,403 (+40.1%), from €35,892 to €50,295
mainly Depreciation (+€54,908) and Tax, wage and social debts (+€24,061)
- Tangible fixed assets -€12,228
down €12,228 (-8.9%), from €137,387 to €125,159
of which Plant, machinery and equipment: -€14,480
- Stocks and contracts +€6,932
up €6,932 (+5.7%), from €121,234 to €128,165
- Trade debts -€37,875
down €37,875 (-14.6%), from €258,863 to €220,989
- Tax, wage and social debts +€24,061
up €24,061 (+1279.6%), from €1,880 to €25,942
of which Taxes: +€14,478
- Reserves +€23,693
up €23,693 (+81.0%), from €29,268 to €52,962
of which Distributable reserves: +€23,693
- Current portion of long-term debt -€15,778
down €15,778 (-63.3%), from €24,908 to €9,130
- Other debts -€4,852
down €4,852 (-56.2%), from €8,631 to €3,779
- Staff costs -€103,616
down €103,616 (-52.9%), from €195,947 to €92,330
- Gross operating margin -€58,398
down €58,398 (-20.5%), from €284,557 to €226,159
- Write-downs +€24,140
up €24,140 (+797.6%), from €3,026 to €27,166
- Depreciation -€16,515
down €16,515 (-23.1%), from €71,423 to €54,908
- Taxes +€15,267
up €15,267 (+4575.8%), from €334 to €15,600
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 | €425,249 | €410,832 | -€14,417 | -3.4% |
| Fixed assets | 21/28 | €138,387 | €126,159 | -€12,228 | -8.8% |
| Tangible fixed assets | 22/27 | €137,387 | €125,159 | -€12,228 | -8.9% |
| Plant, machinery and equipment | 23 | €125,395 | €110,915 | -€14,480 | -11.5% |
| Furniture and vehicles | 24 | €11,992 | €14,243 | +€2,252 | +18.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €286,863 | €284,674 | -€2,189 | -0.8% |
| Stocks and contracts in progress | 3 | €121,234 | €128,165 | +€6,932 | +5.7% |
| Stocks | 30/36 | €121,234 | €128,165 | +€6,932 | +5.7% |
| Amounts receivable within one year | 40/41 | €129,738 | €105,974 | -€23,763 | -18.3% |
| Trade receivables | 40 | €129,738 | €105,974 | -€23,763 | -18.3% |
| Cash at bank and in hand | 54/58 | €35,892 | €50,295 | +€14,403 | +40.1% |
| Deferred charges and accrued income | 490/1 | - | €239 | +€239 | |
| Total equity and liabilities | 10/49 | €425,249 | €410,832 | -€14,417 | -3.4% |
| Equity | 10/15 | €126,468 | €150,162 | +€23,693 | +18.7% |
| Contributions | 10/11 | €97,200 | €97,200 | = | 0.0% |
| Reserves | 13 | €29,268 | €52,962 | +€23,693 | +81.0% |
| Non-distributable reserves | 130/1 | €9,720 | €9,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,720 | €9,720 | = | 0.0% |
| Distributable reserves | 133 | €19,548 | €43,242 | +€23,693 | +121.2% |
| Amounts payable | 17/49 | €298,781 | €260,670 | -€38,111 | -12.8% |
| Amounts payable after more than one year | 17 | €941 | €0 | -€941 | -100.0% |
| Financial debts | 170/4 | €941 | €0 | -€941 | -100.0% |
| Amounts payable within one year | 42/48 | €294,283 | €259,840 | -€34,443 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €24,908 | €9,130 | -€15,778 | -63.3% |
| Trade debts | 44 | €258,863 | €220,989 | -€37,875 | -14.6% |
| Suppliers | 440/4 | €258,863 | €220,989 | -€37,875 | -14.6% |
| Taxes, remuneration and social security | 45 | €1,880 | €25,942 | +€24,061 | +1279.6% |
| Taxes | 450/3 | €1,880 | €16,358 | +€14,478 | +769.9% |
| Remuneration and social security | 454/9 | - | €9,583 | +€9,583 | |
| Other amounts payable | 47/48 | €8,631 | €3,779 | -€4,852 | -56.2% |
| Accrued charges and deferred income | 492/3 | €3,557 | €831 | -€2,726 | -76.6% |
| Remuneration, social security and pensions | 62 | €195,947 | €92,330 | -€103,616 | -52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,423 | €54,908 | -€16,515 | -23.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,026 | €27,166 | +€24,140 | +797.6% |
| Other operating charges | 640/8 | €6,732 | €10,291 | +€3,559 | +52.9% |
| Non-recurring operating charges | 66A | -€81 | €116 | +€197 | |
| Gross operating margin | 9900 | €284,557 | €226,159 | -€58,398 | -20.5% |
| Operating profit (loss) | 9901 | €7,510 | €41,348 | +€33,838 | +450.6% |
| Financial income | 75/76B | €7 | €15 | +€8 | +108.5% |
| Recurring financial income | 75 | €7 | €15 | +€8 | +108.5% |
| Financial charges | 65/66B | €4,040 | €2,070 | -€1,970 | -48.8% |
| Recurring financial charges | 65 | €4,040 | €2,070 | -€1,970 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €3,477 | €39,294 | +€35,817 | +1030.1% |
| Income taxes | 67/77 | €334 | €15,600 | +€15,267 | +4575.8% |
| Profit (loss) for the period | 9904 | €3,144 | €23,693 | +€20,550 | +653.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,144 | €23,693 | +€20,550 | +653.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.