CAVERLOC: what changed
Two fiscal 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.
CAVERLOC
Largest movements
- Receivables within one year +€42,847
up €42,847 (+51.7%), from €82,891 to €125,738
of which Other amounts receivable: +€42,310
- Tangible fixed assets -€28,387
down €28,387 (-5.0%), from €562,893 to €534,506
of which Land and buildings: -€24,275
- Cash -€14,425
down €14,425 (-96.3%), from €14,979 to €554
mainly Contributions, distributions and other (-€80,000) and Receivables within one year (-€42,847)
- Debts after one year -€36,913
down €36,913 (-30.8%), from €119,666 to €82,753
- Reserves +€30,428
up €30,428 (+8.8%), from €345,746 to €376,174
of which Distributable reserves: +€30,428
- Other debts -€14,767
down €14,767 (-15.6%), from €94,767 to €80,000
- Trade debts +€10,138
up €10,138 (+138.0%), from €7,349 to €17,488
- Short-term financial debts +€9,000
new in 2025: €9,000
- Gross operating margin +€9,353
up €9,353 (+5.1%), from €182,262 to €191,616
- Depreciation -€5,588
down €5,588 (-7.7%), from €72,892 to €67,304
- Financial income +€3,754
up €3,754 (+121.1%), from €3,100 to €6,854
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.
Cash bridge derived
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 | €736,875 | €737,290 | +€415 | +0.1% |
| Fixed assets | 21/28 | €562,893 | €534,506 | -€28,387 | -5.0% |
| Tangible fixed assets | 22/27 | €562,893 | €534,506 | -€28,387 | -5.0% |
| Land and buildings | 22 | €555,731 | €531,456 | -€24,275 | -4.4% |
| Plant, machinery and equipment | 23 | €3,582 | €2,389 | -€1,193 | -33.3% |
| Furniture and vehicles | 24 | €3,580 | €661 | -€2,919 | -81.5% |
| Current assets | 29/58 | €173,981 | €202,784 | +€28,802 | +16.6% |
| Amounts receivable after more than one year | 29 | €44,620 | €44,620 | = | 0.0% |
| Other amounts receivable | 291 | €44,620 | €44,620 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,891 | €125,738 | +€42,847 | +51.7% |
| Trade receivables | 40 | €22,740 | €23,277 | +€537 | +2.4% |
| Other amounts receivable | 41 | €60,151 | €102,461 | +€42,310 | +70.3% |
| Cash at bank and in hand | 54/58 | €14,979 | €554 | -€14,425 | -96.3% |
| Deferred charges and accrued income | 490/1 | €31,491 | €31,871 | +€380 | +1.2% |
| Total equity and liabilities | 10/49 | €736,875 | €737,290 | +€415 | +0.1% |
| Equity | 10/15 | €469,746 | €500,174 | +€30,428 | +6.5% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €345,746 | €376,174 | +€30,428 | +8.8% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €65,127 | €65,127 | = | 0.0% |
| Distributable reserves | 133 | €268,219 | €298,646 | +€30,428 | +11.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €267,128 | €237,116 | -€30,012 | -11.2% |
| Amounts payable after more than one year | 17 | €119,666 | €82,753 | -€36,913 | -30.8% |
| Financial debts | 170/4 | €119,666 | €82,753 | -€36,913 | -30.8% |
| Amounts payable within one year | 42/48 | €147,462 | €154,363 | +€6,901 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €38,560 | €36,913 | -€1,647 | -4.3% |
| Financial debts | 43 | - | €9,000 | +€9,000 | |
| Credit institutions | 430/8 | - | €9,000 | +€9,000 | |
| Trade debts | 44 | €7,349 | €17,488 | +€10,138 | +138.0% |
| Suppliers | 440/4 | €7,349 | €17,488 | +€10,138 | +138.0% |
| Taxes, remuneration and social security | 45 | €6,786 | €10,962 | +€4,176 | +61.5% |
| Taxes | 450/3 | €6,786 | €10,962 | +€4,176 | +61.5% |
| Other amounts payable | 47/48 | €94,767 | €80,000 | -€14,767 | -15.6% |
| Non-recurring operating income | 76A | €0 | €37,338 | +€37,338 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,892 | €67,304 | -€5,588 | -7.7% |
| Other operating charges | 640/8 | €10,401 | €10,384 | -€17 | -0.2% |
| Gross operating margin | 9900 | €182,262 | €191,616 | +€9,353 | +5.1% |
| Operating profit (loss) | 9901 | €98,969 | €113,928 | +€14,959 | +15.1% |
| Financial income | 75/76B | €3,100 | €6,854 | +€3,754 | +121.1% |
| Recurring financial income | 75 | €3,100 | €6,854 | +€3,754 | +121.1% |
| Financial charges | 65/66B | €10,261 | €9,643 | -€618 | -6.0% |
| Recurring financial charges | 65 | €10,261 | €9,643 | -€618 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €91,808 | €111,139 | +€19,331 | +21.1% |
| Income taxes | 67/77 | €731 | €711 | -€20 | -2.7% |
| Profit (loss) for the period | 9904 | €91,077 | €110,428 | +€19,350 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €91,077 | €110,428 | +€19,350 | +21.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.