LA CABOSSE D'OR: 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.
LA CABOSSE D'OR
Largest movements
- Tangible fixed assets -€29,783
down €29,783 (-25.9%), from €115,215 to €85,431
of which Furniture and vehicles: -€23,903
- Stocks and contracts -€11,904
down €11,904 (-22.0%), from €54,215 to €42,311
- Receivables within one year +€8,056
up €8,056 (+441%), from €1,828 to €9,884
of which Other amounts receivable: +€8,506
- Debts after one year -€23,572
down €23,572 (-29.5%), from €80,019 to €56,447
- Reserves -€9,881
down €9,881 (-8.9%), from €111,200 to €101,319
of which Distributable reserves: -€9,881
- Profit (loss) carried forward -€7,929
no longer reported in 2025 (was €7,929)
- Gross operating margin -€31,304
down €31,304 (-28.6%), from €109,314 to €78,010
- Staff costs +€18,315
up €18,315 (+46.0%), from €39,813 to €58,128
- Taxes -€10,136
down €10,136 (-97.5%), from €10,396 to €260
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 | €309,225 | €271,657 | -€37,567 | -12.1% |
| Fixed assets | 21/28 | €115,277 | €85,493 | -€29,783 | -25.8% |
| Tangible fixed assets | 22/27 | €115,215 | €85,431 | -€29,783 | -25.9% |
| Plant, machinery and equipment | 23 | €5,065 | €2,636 | -€2,429 | -48.0% |
| Furniture and vehicles | 24 | €97,680 | €73,777 | -€23,903 | -24.5% |
| Other tangible fixed assets | 26 | €12,470 | €9,019 | -€3,451 | -27.7% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €193,948 | €186,164 | -€7,784 | -4.0% |
| Stocks and contracts in progress | 3 | €54,215 | €42,311 | -€11,904 | -22.0% |
| Stocks | 30/36 | €54,215 | €42,311 | -€11,904 | -22.0% |
| Amounts receivable within one year | 40/41 | €1,828 | €9,884 | +€8,056 | +441% |
| Trade receivables | 40 | €1,535 | €1,084 | -€451 | -29.4% |
| Other amounts receivable | 41 | €294 | €8,800 | +€8,506 | +2,897% |
| Cash at bank and in hand | 54/58 | €133,043 | €131,002 | -€2,041 | -1.5% |
| Deferred charges and accrued income | 490/1 | €4,862 | €2,967 | -€1,895 | -39.0% |
| Total equity and liabilities | 10/49 | €309,225 | €271,657 | -€37,567 | -12.1% |
| Equity | 10/15 | €181,129 | €163,319 | -€17,810 | -9.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €111,200 | €101,319 | -€9,881 | -8.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €105,000 | €95,119 | -€9,881 | -9.4% |
| Profit (loss) carried forward | 14 | €7,929 | - | -€7,929 | |
| Amounts payable | 17/49 | €128,096 | €108,338 | -€19,757 | -15.4% |
| Amounts payable after more than one year | 17 | €80,019 | €56,447 | -€23,572 | -29.5% |
| Financial debts | 170/4 | €80,019 | €56,447 | -€23,572 | -29.5% |
| Amounts payable within one year | 42/48 | €48,076 | €51,891 | +€3,814 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €26,077 | €26,891 | +€814 | +3.1% |
| Financial debts | 43 | €2,335 | €2,327 | -€8 | -0.4% |
| Credit institutions | 430/8 | €2,335 | €2,327 | -€8 | -0.4% |
| Trade debts | 44 | €6,778 | €8,966 | +€2,187 | +32.3% |
| Suppliers | 440/4 | €6,778 | €8,966 | +€2,187 | +32.3% |
| Taxes, remuneration and social security | 45 | €11,895 | €12,794 | +€899 | +7.6% |
| Taxes | 450/3 | €7,275 | €6,735 | -€540 | -7.4% |
| Remuneration and social security | 454/9 | €4,620 | €6,059 | +€1,439 | +31.1% |
| Other amounts payable | 47/48 | €991 | €914 | -€77 | -7.8% |
| Remuneration, social security and pensions | 62 | €39,813 | €58,128 | +€18,315 | +46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,296 | €31,798 | +€503 | +1.6% |
| Other operating charges | 640/8 | €1,682 | €1,727 | +€45 | +2.7% |
| Gross operating margin | 9900 | €109,314 | €78,010 | -€31,304 | -28.6% |
| Operating profit (loss) | 9901 | €36,524 | -€13,643 | -€50,166 | |
| Financial income | 75/76B | €297 | €276 | -€21 | -7.0% |
| Recurring financial income | 75 | €297 | €276 | -€21 | -7.0% |
| Financial charges | 65/66B | €4,711 | €4,183 | -€528 | -11.2% |
| Recurring financial charges | 65 | €4,711 | €4,183 | -€528 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €32,110 | -€17,550 | -€49,660 | |
| Income taxes | 67/77 | €10,396 | €260 | -€10,136 | -97.5% |
| Profit (loss) for the period | 9904 | €21,714 | -€17,810 | -€39,524 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,714 | -€17,810 | -€39,524 |
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 28 October 2026 via checked.be.