CAVERNA: what changed
CAVERNA
Largest movements
- Cash +€24,751
up €24,751 (+19.9%), from €124,393 to €149,144
mainly Other debts (+€66,000) and Net result for the year (+€54,059)
- Receivables within one year -€16,108
down €16,108 (-35.5%), from €45,413 to €29,305
of which Other amounts receivable: -€32,221
- Deferred charges and accrued income +€2,213
new in 2025: €2,213
- Other debts +€66,000
up €66,000 (+194%), from €34,000 to €100,000
- Profit (loss) carried forward -€63,588
down €63,588 (-97.1%), from €65,493 to €1,905
- Tax, wage and social debts +€3,954
up €3,954 (+15.1%), from €26,181 to €30,135
of which Taxes: +€8,126
- Trade debts +€3,799
up €3,799 (+74.4%), from €5,103 to €8,902
of which Suppliers: +€4,287
- Gross operating margin +€23,678
up €23,678 (+26.1%), from €90,621 to €114,299
- Staff costs +€8,559
up €8,559 (+26.7%), from €32,079 to €40,638
- Taxes +€4,114
up €4,114 (+28.2%), from €14,565 to €18,679
- Financial charges -€1,533
down €1,533 (-97.1%), from €1,578 to €45
of which Non-recurring financial charges: -€1,415
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 | €171,391 | €181,769 | +€10,378 | +6.1% |
| Fixed assets | 21/28 | €1,585 | €1,107 | -€478 | -30.2% |
| Tangible fixed assets | 22/27 | €1,394 | €916 | -€478 | -34.3% |
| Plant, machinery and equipment | 23 | €1,394 | - | -€1,394 | |
| Furniture and vehicles | 24 | - | €916 | +€916 | |
| Financial fixed assets | 28 | €191 | €191 | = | 0.0% |
| Current assets | 29/58 | €169,806 | €180,662 | +€10,856 | +6.4% |
| Amounts receivable within one year | 40/41 | €45,413 | €29,305 | -€16,108 | -35.5% |
| Trade receivables | 40 | €9,918 | €26,031 | +€16,113 | +162% |
| Other amounts receivable | 41 | €35,495 | €3,274 | -€32,221 | -90.8% |
| Cash at bank and in hand | 54/58 | €124,393 | €149,144 | +€24,751 | +19.9% |
| Deferred charges and accrued income | 490/1 | - | €2,213 | +€2,213 | |
| Total equity and liabilities | 10/49 | €171,391 | €181,769 | +€10,378 | +6.1% |
| Equity | 10/15 | €105,953 | €42,365 | -€63,588 | -60.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,493 | €1,905 | -€63,588 | -97.1% |
| Amounts payable | 17/49 | €65,438 | €139,404 | +€73,966 | +113% |
| Amounts payable within one year | 42/48 | €65,438 | €139,404 | +€73,966 | +113% |
| Financial debts | 43 | €154 | €367 | +€213 | +138% |
| Credit institutions | 430/8 | €154 | €367 | +€213 | +138% |
| Trade debts | 44 | €5,103 | €8,902 | +€3,799 | +74.4% |
| Suppliers | 440/4 | €4,615 | €8,902 | +€4,287 | +92.9% |
| Bills of exchange payable | 441 | €488 | - | -€488 | |
| Taxes, remuneration and social security | 45 | €26,181 | €30,135 | +€3,954 | +15.1% |
| Taxes | 450/3 | €17,060 | €25,186 | +€8,126 | +47.6% |
| Remuneration and social security | 454/9 | €9,121 | €4,949 | -€4,172 | -45.7% |
| Other amounts payable | 47/48 | €34,000 | €100,000 | +€66,000 | +194% |
| Non-recurring operating income | 76A | €1,646 | - | -€1,646 | |
| Remuneration, social security and pensions | 62 | €32,079 | €40,638 | +€8,559 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84 | €478 | +€394 | +469% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €90,621 | €114,299 | +€23,678 | +26.1% |
| Operating profit (loss) | 9901 | €58,071 | €72,783 | +€14,712 | +25.3% |
| Financial income | 75/76B | €213 | - | -€213 | |
| Recurring financial income | 75 | €213 | - | -€213 | |
| Financial charges | 65/66B | €1,578 | €45 | -€1,533 | -97.1% |
| Recurring financial charges | 65 | €163 | €45 | -€118 | -72.4% |
| Non-recurring financial charges | 66B | €1,415 | - | -€1,415 | |
| Profit (loss) for the period before taxes | 9903 | €56,706 | €72,738 | +€16,032 | +28.3% |
| Income taxes | 67/77 | €14,565 | €18,679 | +€4,114 | +28.2% |
| Profit (loss) for the period | 9904 | €42,141 | €54,059 | +€11,918 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,141 | €54,059 | +€11,918 | +28.3% |
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 4 November 2026 via checked.be.