NEW CAVINCHY: what changed
What changed
NEW CAVINCHY
NACE 47.721, Retail sale of footwear
filed annual accounts (NBB)
Net result for the year
€26,927
2024 · €41,153-€14,226
Equity
€172,239
2024 · €145,312+€26,927
Cash
€352
2024 · €2,484-€2,133
Balance sheet total
€512,609
2024 · €525,999-€13,390
Largest movements
Assets
- Tangible fixed assets -€12,263
down €12,263 (-3.4%), from €362,750 to €350,486
of which Land and buildings: -€12,118
- Stocks and contracts +€7,944
up €7,944 (+5.2%), from €153,828 to €161,771
- Receivables within one year -€6,938
down €6,938 (-100%), from €6,938 to €0
Equity and liabilities
- Debts after one year -€41,320
down €41,320 (-12.8%), from €322,346 to €281,026
- Profit (loss) carried forward +€26,927
up €26,927 (+60.3%), from €44,674 to €71,602
- Short-term financial debts +€8,844
new in 2025: €8,844
- Tax, wage and social debts -€6,962
down €6,962 (-48.3%), from €14,400 to €7,438
Income statement
- Gross operating margin -€18,907
down €18,907 (-28.7%), from €65,876 to €46,969
- Financial charges -€3,269
down €3,269 (-36.9%), from €8,864 to €5,595
- Other operating charges -€987
down €987 (-29.5%), from €3,349 to €2,361
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€41,153
Gross operating margin
-€18,907
Depreciation
+€401
Other operating charges
+€987
Financial income
+€99
Financial charges
+€3,269
Taxes
-€75
Result 2025
€26,927
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€29,887
Investment
€0
Financing
-€32,020
Cash 2024
€2,484
From operations (derived)
+€29,887
Net result for the year
+€26,927
Depreciation
+€12,263
Stocks and contracts
-€7,944
Receivables within one year
+€6,938
Trade debts
-€1,335
Tax, wage and social debts
-€6,962
Financing
-€32,020
Debts after one year
-€41,320
Current portion of long-term debt
+€456
Short-term financial debts
+€8,844
Cash 2025
€352
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,999 | €512,609 | -€13,390 | -2.5% |
| Fixed assets | 21/28 | €362,750 | €350,486 | -€12,263 | -3.4% |
| Tangible fixed assets | 22/27 | €362,750 | €350,486 | -€12,263 | -3.4% |
| Land and buildings | 22 | €362,605 | €350,486 | -€12,118 | -3.3% |
| Furniture and vehicles | 24 | €145 | €0 | -€145 | -100% |
| Current assets | 29/58 | €163,250 | €162,123 | -€1,127 | -0.7% |
| Stocks and contracts in progress | 3 | €153,828 | €161,771 | +€7,944 | +5.2% |
| Stocks | 30/36 | €153,828 | €161,771 | +€7,944 | +5.2% |
| Amounts receivable within one year | 40/41 | €6,938 | €0 | -€6,938 | -100% |
| Trade receivables | 40 | €6,938 | €0 | -€6,938 | -100% |
| Cash at bank and in hand | 54/58 | €2,484 | €352 | -€2,133 | -85.8% |
| Total equity and liabilities | 10/49 | €525,999 | €512,609 | -€13,390 | -2.5% |
| Equity | 10/15 | €145,312 | €172,239 | +€26,927 | +18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,038 | €82,038 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €113 | €113 | = | 0.0% |
| Distributable reserves | 133 | €81,925 | €81,925 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,674 | €71,602 | +€26,927 | +60.3% |
| Amounts payable | 17/49 | €380,687 | €340,370 | -€40,317 | -10.6% |
| Amounts payable after more than one year | 17 | €322,346 | €281,026 | -€41,320 | -12.8% |
| Financial debts | 170/4 | €322,346 | €281,026 | -€41,320 | -12.8% |
| Amounts payable within one year | 42/48 | €58,341 | €59,344 | +€1,003 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €21,748 | €22,204 | +€456 | +2.1% |
| Financial debts | 43 | - | €8,844 | +€8,844 | |
| Credit institutions | 430/8 | - | €8,844 | +€8,844 | |
| Trade debts | 44 | €22,193 | €20,858 | -€1,335 | -6.0% |
| Suppliers | 440/4 | €22,193 | €20,858 | -€1,335 | -6.0% |
| Taxes, remuneration and social security | 45 | €14,400 | €7,438 | -€6,962 | -48.3% |
| Taxes | 450/3 | €14,400 | €7,438 | -€6,962 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,664 | €12,263 | -€401 | -3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,349 | €2,361 | -€987 | -29.5% |
| Gross operating margin | 9900 | €65,876 | €46,969 | -€18,907 | -28.7% |
| Operating profit (loss) | 9901 | €49,863 | €32,345 | -€17,519 | -35.1% |
| Financial income | 75/76B | €153 | €252 | +€99 | +64.3% |
| Recurring financial income | 75 | €153 | €252 | +€99 | +64.3% |
| Financial charges | 65/66B | €8,864 | €5,595 | -€3,269 | -36.9% |
| Recurring financial charges | 65 | €8,864 | €5,595 | -€3,269 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €41,153 | €27,002 | -€14,151 | -34.4% |
| Income taxes | 67/77 | €0 | €75 | +€75 | |
| Profit (loss) for the period | 9904 | €41,153 | €26,927 | -€14,226 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,153 | €26,927 | -€14,226 | -34.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.