Thierry Cabut SRL: what changed
What changed
Thierry Cabut SRL
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
€20,782
2024 · €23,416-€2,633
Equity
€186,208
2024 · €194,796-€8,588
Cash
€30,363
2024 · €8,616+€21,747
Balance sheet total
€390,384
2024 · €387,905+€2,479
Largest movements
Assets
- Tangible fixed assets -€39,169
down €39,169 (-25.7%), from €152,525 to €113,356
of which Furniture and vehicles: -€36,681
- Receivables within one year +€26,301
up €26,301 (+19.6%), from €134,029 to €160,330
of which Trade receivables: +€22,660
- Cash +€21,747
up €21,747 (+252%), from €8,616 to €30,363
mainly Depreciation (+€43,499) and Other debts (+€25,677)
- Deferred charges and accrued income -€5,080
down €5,080 (-75.1%), from €6,760 to €1,680
Equity and liabilities
- Debts after one year -€30,391
down €30,391 (-40.2%), from €75,650 to €45,259
- Other debts +€25,677
up €25,677 (+695%), from €3,693 to €29,371
- Trade debts +€24,735
up €24,735 (+83.2%), from €29,742 to €54,476
- Reserves -€8,588
down €8,588 (-4.5%), from €190,312 to €181,724
of which Distributable reserves: -€8,588
- Tax, wage and social debts -€4,879
down €4,879 (-11.9%), from €40,918 to €36,039
of which Taxes: -€5,268
Income statement
No income-statement line moved by more than 1% of the activity.
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
€23,416
Gross operating margin
-€1,915
Staff costs
-€3,092
Depreciation
-€1,844
Other operating charges
+€2,653
Financial income
+€138
Financial charges
+€435
Taxes
+€992
Result 2025
€20,782
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
+€89,913
Investment
-€4,330
Financing
-€63,837
Cash 2024
€8,616
From operations (derived)
+€89,913
Net result for the year
+€20,782
Depreciation
+€43,499
Stocks and contracts
+€1,320
Receivables within one year
-€26,301
Deferred charges and accrued income
+€5,080
Trade debts
+€24,735
Tax, wage and social debts
-€4,879
Other debts
+€25,677
Investment (derived)
-€4,330
Investment in fixed assets (net)
-€4,330
Financing
-€63,837
Debts after one year
-€30,391
Current portion of long-term debt
-€4,075
Contributions, distributions and other
-€29,371
Cash 2025
€30,363
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €387,905 | €390,384 | +€2,479 | +0.6% |
| Fixed assets | 21/28 | €152,525 | €113,356 | -€39,169 | -25.7% |
| Tangible fixed assets | 22/27 | €152,525 | €113,356 | -€39,169 | -25.7% |
| Plant, machinery and equipment | 23 | €9,469 | €6,980 | -€2,489 | -26.3% |
| Furniture and vehicles | 24 | €143,056 | €106,376 | -€36,681 | -25.6% |
| Current assets | 29/58 | €235,380 | €277,028 | +€41,648 | +17.7% |
| Amounts receivable after more than one year | 29 | €76,000 | €76,000 | = | 0.0% |
| Other amounts receivable | 291 | €76,000 | €76,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €9,975 | €8,655 | -€1,320 | -13.2% |
| Stocks | 30/36 | €9,975 | €8,655 | -€1,320 | -13.2% |
| Amounts receivable within one year | 40/41 | €134,029 | €160,330 | +€26,301 | +19.6% |
| Trade receivables | 40 | €127,960 | €150,619 | +€22,660 | +17.7% |
| Other amounts receivable | 41 | €6,069 | €9,711 | +€3,641 | +60.0% |
| Cash at bank and in hand | 54/58 | €8,616 | €30,363 | +€21,747 | +252% |
| Deferred charges and accrued income | 490/1 | €6,760 | €1,680 | -€5,080 | -75.1% |
| Total equity and liabilities | 10/49 | €387,905 | €390,384 | +€2,479 | +0.6% |
| Equity | 10/15 | €194,796 | €186,208 | -€8,588 | -4.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Contributions outside capital | 11 | €100 | - | -€100 | |
| Share premium | 1100/10 | €100 | - | -€100 | |
| Reserves | 13 | €190,312 | €181,724 | -€8,588 | -4.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €188,452 | €179,864 | -€8,588 | -4.6% |
| Profit (loss) carried forward | 14 | €4,383 | €4,383 | = | 0.0% |
| Amounts payable | 17/49 | €193,110 | €204,176 | +€11,067 | +5.7% |
| Amounts payable after more than one year | 17 | €75,650 | €45,259 | -€30,391 | -40.2% |
| Financial debts | 170/4 | €75,650 | €45,259 | -€30,391 | -40.2% |
| Amounts payable within one year | 42/48 | €117,459 | €158,917 | +€41,458 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €43,106 | €39,031 | -€4,075 | -9.5% |
| Trade debts | 44 | €29,742 | €54,476 | +€24,735 | +83.2% |
| Suppliers | 440/4 | €29,742 | €54,476 | +€24,735 | +83.2% |
| Taxes, remuneration and social security | 45 | €40,918 | €36,039 | -€4,879 | -11.9% |
| Taxes | 450/3 | €9,223 | €3,955 | -€5,268 | -57.1% |
| Remuneration and social security | 454/9 | €31,695 | €32,084 | +€389 | +1.2% |
| Other amounts payable | 47/48 | €3,693 | €29,371 | +€25,677 | +695% |
| Remuneration, social security and pensions | 62 | €290,706 | €293,798 | +€3,092 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,655 | €43,499 | +€1,844 | +4.4% |
| Other operating charges | 640/8 | €4,687 | €2,034 | -€2,653 | -56.6% |
| Gross operating margin | 9900 | €373,670 | €371,755 | -€1,915 | -0.5% |
| Operating profit (loss) | 9901 | €36,622 | €32,424 | -€4,198 | -11.5% |
| Financial income | 75/76B | €2,270 | €2,408 | +€138 | +6.1% |
| Recurring financial income | 75 | €2,270 | €2,408 | +€138 | +6.1% |
| Financial charges | 65/66B | €5,661 | €5,227 | -€435 | -7.7% |
| Recurring financial charges | 65 | €5,661 | €5,227 | -€435 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €33,231 | €29,605 | -€3,626 | -10.9% |
| Income taxes | 67/77 | €9,815 | €8,823 | -€992 | -10.1% |
| Profit (loss) for the period | 9904 | €23,416 | €20,782 | -€2,633 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,416 | €20,782 | -€2,633 | -11.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.