LB CAIRA: 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.
LB CAIRA
Largest movements
- Receivables within one year +€41,632
up €41,632 (+163.9%), from €25,404 to €67,036
of which Other amounts receivable: +€37,104
- Intangible fixed assets -€20,000
down €20,000 (-22.2%), from €90,000 to €70,000
- Tangible fixed assets +€18,934
up €18,934 (+107.2%), from €17,665 to €36,599
of which Furniture and vehicles: +€21,825
- Cash +€15,238
up €15,238 (+23.9%), from €63,637 to €78,875
mainly Net result for the year (+€48,454) and Depreciation (+€27,300)
- Reserves +€48,454
up €48,454 (+16.6%), from €292,000 to €340,454
- Debts after one year +€16,739
new in 2024: €16,739
- Current portion of long-term debt -€14,228
down €14,228 (-69.1%), from €20,582 to €6,354
- Trade debts +€6,080
up €6,080 (+53.2%), from €11,420 to €17,500
- Gross operating margin +€28,463
up €28,463 (+17.6%), from €161,826 to €190,289
- Staff costs +€21,204
up €21,204 (+29.3%), from €72,278 to €93,482
- Financial charges -€3,063
down €3,063 (-58.3%), from €5,255 to €2,191
- Taxes +€2,683
up €2,683 (+17.3%), from €15,478 to €18,161
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €369,691 | €427,401 | +€57,709 | +15.6% |
| Fixed assets | 21/28 | €107,845 | €106,779 | -€1,066 | -1.0% |
| Intangible fixed assets | 21 | €90,000 | €70,000 | -€20,000 | -22.2% |
| Tangible fixed assets | 22/27 | €17,665 | €36,599 | +€18,934 | +107.2% |
| Plant, machinery and equipment | 23 | €15,862 | €12,972 | -€2,891 | -18.2% |
| Furniture and vehicles | 24 | €1,803 | €23,628 | +€21,825 | +1210.4% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €261,846 | €320,622 | +€58,776 | +22.4% |
| Stocks and contracts in progress | 3 | €172,454 | €173,843 | +€1,388 | +0.8% |
| Stocks | 30/36 | €172,454 | €173,843 | +€1,388 | +0.8% |
| Amounts receivable within one year | 40/41 | €25,404 | €67,036 | +€41,632 | +163.9% |
| Trade receivables | 40 | €19,232 | €23,761 | +€4,528 | +23.5% |
| Other amounts receivable | 41 | €6,171 | €43,275 | +€37,104 | +601.2% |
| Cash at bank and in hand | 54/58 | €63,637 | €78,875 | +€15,238 | +23.9% |
| Deferred charges and accrued income | 490/1 | €351 | €868 | +€517 | +147.5% |
| Total equity and liabilities | 10/49 | €369,691 | €427,401 | +€57,709 | +15.6% |
| Equity | 10/15 | €310,627 | €359,081 | +€48,454 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €292,000 | €340,454 | +€48,454 | +16.6% |
| Distributable reserves | 133 | €292,000 | €340,454 | +€48,454 | +16.6% |
| Profit (loss) carried forward | 14 | €27 | €27 | = | 0.0% |
| Amounts payable | 17/49 | €59,064 | €68,320 | +€9,255 | +15.7% |
| Amounts payable after more than one year | 17 | - | €16,739 | +€16,739 | |
| Financial debts | 170/4 | - | €16,739 | +€16,739 | |
| Amounts payable within one year | 42/48 | €59,064 | €51,580 | -€7,484 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €20,582 | €6,354 | -€14,228 | -69.1% |
| Trade debts | 44 | €11,420 | €17,500 | +€6,080 | +53.2% |
| Suppliers | 440/4 | €11,420 | €17,500 | +€6,080 | +53.2% |
| Taxes, remuneration and social security | 45 | €27,062 | €27,726 | +€665 | +2.5% |
| Taxes | 450/3 | €10,092 | €8,692 | -€1,400 | -13.9% |
| Remuneration and social security | 454/9 | €16,969 | €19,034 | +€2,065 | +12.2% |
| Remuneration, social security and pensions | 62 | €72,278 | €93,482 | +€21,204 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,396 | €27,300 | +€904 | +3.4% |
| Other operating charges | 640/8 | €2,289 | €2,884 | +€595 | +26.0% |
| Gross operating margin | 9900 | €161,826 | €190,289 | +€28,463 | +17.6% |
| Operating profit (loss) | 9901 | €60,863 | €66,623 | +€5,760 | +9.5% |
| Financial income | 75/76B | €1,177 | €2,184 | +€1,006 | +85.5% |
| Recurring financial income | 75 | €1,177 | €2,184 | +€1,006 | +85.5% |
| Financial charges | 65/66B | €5,255 | €2,191 | -€3,063 | -58.3% |
| Recurring financial charges | 65 | €5,255 | €2,191 | -€3,063 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | €56,785 | €66,615 | +€9,830 | +17.3% |
| Income taxes | 67/77 | €15,478 | €18,161 | +€2,683 | +17.3% |
| Profit (loss) for the period | 9904 | €41,307 | €48,454 | +€7,147 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,307 | €48,454 | +€7,147 | +17.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.