The Cable Company: what changed
The Cable Company
Largest movements
- Receivables within one year -€17,956
down €17,956 (-41.1%), from €43,741 to €25,785
of which Trade receivables: -€17,885
- Cash -€16,334
down €16,334 (-83.5%), from €19,560 to €3,226
mainly Other debts (-€31,201) and Tax, wage and social debts (-€5,917)
- Stocks and contracts -€2,222
down €2,222 (-10.8%), from €20,664 to €18,441
- Intangible fixed assets -€1,167
down €1,167 (-45.1%), from €2,586 to €1,419
- Other debts -€31,201
down €31,201 (-91.3%), from €34,172 to €2,971
- Tax, wage and social debts -€5,917
down €5,917 (-35.8%), from €16,531 to €10,614
- Trade debts -€4,246
down €4,246 (-33.6%), from €12,631 to €8,385
- Reserves +€3,537
up €3,537 (+20.7%), from €17,103 to €20,640
- Gross operating margin +€12,124
up €12,124 (+531%), from €2,285 to €14,408
- Write-downs +€6,705
new in 2025: €6,705
- Taxes +€1,500
up €1,500 (+566%), from €265 to €1,766
- Financial charges -€345
down €345 (-39.8%), from €866 to €522
- Depreciation +€253
up €253 (+27.6%), from €914 to €1,167
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,699 | €48,872 | -€37,827 | -43.6% |
| Fixed assets | 21/28 | €2,586 | €1,419 | -€1,167 | -45.1% |
| Intangible fixed assets | 21 | €2,586 | €1,419 | -€1,167 | -45.1% |
| Current assets | 29/58 | €84,113 | €47,453 | -€36,660 | -43.6% |
| Stocks and contracts in progress | 3 | €20,664 | €18,441 | -€2,222 | -10.8% |
| Stocks | 30/36 | €20,664 | €18,441 | -€2,222 | -10.8% |
| Amounts receivable within one year | 40/41 | €43,741 | €25,785 | -€17,956 | -41.1% |
| Trade receivables | 40 | €43,542 | €25,657 | -€17,885 | -41.1% |
| Other amounts receivable | 41 | €199 | €128 | -€72 | -35.9% |
| Cash at bank and in hand | 54/58 | €19,560 | €3,226 | -€16,334 | -83.5% |
| Deferred charges and accrued income | 490/1 | €148 | - | -€148 | |
| Total equity and liabilities | 10/49 | €86,699 | €48,872 | -€37,827 | -43.6% |
| Equity | 10/15 | €23,303 | €26,840 | +€3,537 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,103 | €20,640 | +€3,537 | +20.7% |
| Distributable reserves | 133 | €17,103 | €20,640 | +€3,537 | +20.7% |
| Amounts payable | 17/49 | €63,396 | €22,032 | -€41,364 | -65.2% |
| Amounts payable within one year | 42/48 | €63,333 | €21,969 | -€41,364 | -65.3% |
| Trade debts | 44 | €12,631 | €8,385 | -€4,246 | -33.6% |
| Suppliers | 440/4 | €12,631 | €8,385 | -€4,246 | -33.6% |
| Taxes, remuneration and social security | 45 | €16,531 | €10,614 | -€5,917 | -35.8% |
| Taxes | 450/3 | €16,531 | €10,614 | -€5,917 | -35.8% |
| Other amounts payable | 47/48 | €34,172 | €2,971 | -€31,201 | -91.3% |
| Accrued charges and deferred income | 492/3 | €63 | €63 | = | 0.0% |
| Non-recurring operating income | 76A | - | €457 | +€457 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €914 | €1,167 | +€253 | +27.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,705 | +€6,705 | |
| Other operating charges | 640/8 | €692 | €859 | +€167 | +24.1% |
| Gross operating margin | 9900 | €2,285 | €14,408 | +€12,124 | +531% |
| Operating profit (loss) | 9901 | €679 | €5,678 | +€4,999 | +737% |
| Financial income | 75/76B | €191 | €147 | -€44 | -23.2% |
| Recurring financial income | 75 | €191 | €147 | -€44 | -23.2% |
| Financial charges | 65/66B | €866 | €522 | -€345 | -39.8% |
| Recurring financial charges | 65 | €866 | €522 | -€345 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €4 | €5,303 | +€5,299 | +145,188% |
| Income taxes | 67/77 | €265 | €1,766 | +€1,500 | +566% |
| Profit (loss) for the period | 9904 | -€262 | €3,537 | +€3,799 | |
| Profit (loss) for the period to be appropriated | 9905 | -€262 | €3,537 | +€3,799 |
Next steps
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 6 November 2026 via checked.be.