From the trial balance to the report the owner actually reads.
Every report is named after a star, a constellation or a planet, and is a blueprint of 10,000 to 15,000 characters plus the Standard block for your profile and the cuadre.py script: structure, formulas, controls and wording already decided for your framework. You bring the trial balance. The AI does the rest and stops if something does not reconcile.
Figures as of 10/31/2026 · USD thousands · actual against budget (PL) and prior year (PY)
In 30 seconds
October net profit closes at USD 498 thousand, 2.4% below budget, even though revenue beats it by 1.0%
Revenue beats budget by 1.0% and grows 7.0% versus October 2025.
Selling expenses exceed budget by USD 69 thousand (+7.3%) [cause to be confirmed].
Decision requested by 11/13/2026: Confirm the cause of the selling and administrative expense overrun and decide whether to adjust the November budget.
We closed 8 new customers; C187 (a coffee-shop chain) signed an annual contract.
The e-invoicing integration shipped; 40% of customers already use it.
What did not go well
Churn rose to 2 accounts this month (C102 and C131) on price; we launched a discounted annual plan.
The Head of Sales hire is delayed; the founder is still closing deals.
How you can help
2 intros to retail chains before November 15.
Head of Sales candidates with B2B SaaS experience.
Runway calculated on the 3-month average net burn; cash includes the seed round from May 2026.
Income statement · October 2026
Profit for the period ends 2.4% below budget even though revenue beats it by 1.0%
USD thousands · actual against budget (PL) · comments on material lines only
Line item
Actual
PL
Δ PL
Δ %
Comment
Revenue
9,700
9,600
+100
+1.0%
Cost of sales
6,333
6,360
−28
−0.4%
Gross profit
3,367
3,240
+127
+3.9%
Revenue +100 and cost of sales (28) against PL: gross profit beats budget.
Administrative expenses*
1,263
1,200
+63
+5.3%
[cause to be confirmed] No action until the cause is confirmed.
Selling and distribution expenses*
1,019
950
+69
+7.3%
[cause to be confirmed] No action until the cause is confirmed.
EBITDA
1,085
1,090
−5
−0.5%
Depreciation and amortisation
180
180
0
0.0%
Operating profit
905
910
−5
−0.5%
Other income
21
10
+11
+110.0%
Finance costs
142
140
+2
+1.4%
Other expenses
16
10
+6
+60.0%
Profit before tax
768
770
−2
−0.3%
Income tax expense
270
260
+10
+4.0%
Profit for the period
498
510
−12
−2.4%
Ends 2.4% below budget because of administrative and selling expenses.
Variance against PL
Material: ≥ 5.0% and ≥ USD 50k. Causes only from the month’s notes; everything else stays [to be confirmed].
Budget vs actual · October 2026
Selling (+7.3%) and administrative (+5.3%) expenses exceed budget by a material amount
USD thousands · material = ≥ 5.0% and ≥ 50 · for expenses, spending less is favorable
Line item
Actual
PL
Δ PL
Δ PL %
Material
Revenue
9,700
9,600
+100
+1.0%
No
Cost of sales
6,333
6,360
−28
−0.4%
No
Gross profit
3,367
3,240
+127
+3.9%
No
Administrative expenses
1,263
1,200
+63
+5.3%
Yes
Selling and distribution expenses
1,019
950
+69
+7.3%
Yes
EBITDA
1,085
1,090
−5
−0.5%
No
Profit for the period
498
510
−12
−2.4%
No
Variance against PL · %
Δ PL %
Source: trial balance and 2026 budget · variance = actual − PL; the color follows the line type.
Management committee · October 2026
EBITDA of USD 1,085k, −0.5% against budget
Revenue grows 7.0% against October 2025 and gross margin rises to 34.7% (+1.0 pp against budget). Selling and administrative expenses exceed budget above materiality [cause to be confirmed].
Revenue9,700+1.0%vs PL
EBITDA1,085−0.5%vs PL
Profit for the period498−2.4%vs PL
Cash4,659+7.7%vs prior month
Contents
01Committee summary2
02Results for the month3
03Year-to-date results4
04EBITDA bridge5
05Top 5 material variances6
06Financial position7
07Working capital and liquidity8
08Cash movement9
09Appendices and checks10
Financial ratios · October 2026
The current ratio is 1.60 (+0.29 against October 2025) and leverage is 39.5%
Liquidity and leverage · visible formula · PY = October 2025
Ratio
Value
Oct 25
Threshold
12 months
Status
Liquidity
Current ratio Current assets ÷ current liabilities
1.60x
1.31
green ≥ 1.50 · red ≤ 1.10
In range
Quick ratio (Current assets − inventories) ÷ current liabilities
1.07x
0.89
green ≥ 1.00 · red ≤ 0.70
In range
Cash ratio Cash ÷ current liabilities
0.31x
0.29
—
No threshold
Working capital Current assets − current liabilities
9,078
5,177
—
No threshold
Leverage
Debt ratio Liabilities ÷ assets
39.5%
46.9%
green ≤ 50.0% · red ≥ 65.0%
In range
Debt-to-equity Liabilities ÷ equity
0.65x
0.88
—
No threshold
Short-term share of liabilities Current liabilities ÷ total liabilities
100.0%
100.0%
—
No threshold
Interest coverage YTD EBITDA ÷ YTD finance costs
7.44x
6.37
green ≥ 4.00 · red ≤ 2.00
In range
Source: trial balance for the month · Repporti Standard formulas · user-defined thresholds, no invented «ideal» ranges.
Arcturus · Report · October 2026
12-month cash forecast
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
Cash is projected to fall below the minimum in April 2027 (USD 331 thousand against 1,500): the balance on the second roaster and the tax balance are both paid that month.
Opening cash4,659−228 (−4.7%)vs PY
Minimum balance set1,500
Actual cash over the last 12 months, before the forecast
Actual (AC)
USD thousands · actual, November 2025 to October 2026; the line is the minimum balance
What the scenarios say
Base: 5 months below the minimum; the lowest, April 2027 at 331.
Downside: 9 months below the minimum; 4,040 short in June 2027.
Each extra day of DSO lowers the lowest balance by 326; one point less of gross margin, by 664.
What needs deciding before March 2027
1Finance the second roaster: the need is 1,169 in the base case and 4,040 in the downside.
2Consider phasing the installation (300) and the half-year bonus (248).
REP-015 · October 2026
October's ads brought 3,190 orders at a 3.39 ROAS: search beats its target and social falls short
USD thousands · fictitious data from Meridian Coffee Co. (Demo)
Against target, per the store's analytics
Search: ROAS 5.35 (target 4.50) and CPA of USD 12.65 (target 14.00).
Retargeting: ROAS 3.85 (target 3.50) and CPA of USD 19.27 (target 22.00).
Social: ROAS 1.92 (target 2.20) and CPA of USD 35.38 (target 30.00).
Video: 40 last-click orders and ROAS 0.64 (target 1.00).
Proposals for November
1Move USD 3,000 from video to search: about 209 more orders at this month's CPA (optimistic estimate).
2Test 2 new creatives on social · owner: the agency.
3Social incrementality test with a geographic control group for 4 weeks.
Media spend USD 64,500 (budget 63,000) · the store bills 1,395,000 and ads account for 15.7% · the platforms claim 4,500 conversions, 41.1% more than analytics · the agency fee is not in ROAS.
Saturn · Report · October 2026
Quarterly owner report with cash forecast
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
The third quarter beats budget (revenue +2.8%, profit for the period +10.5%), but in the downside case cash falls below the minimum in December.
July, August and September sell above budget and prior year
Actual (AC) Plan (PL) Prior year (PY)
Revenue by month · USD thousands · 12 months to October 2026 · FICTITIOUS DATA
Cash closes September at USD 4,325 thousand, 509 more than in June
Actual (AC)
Month-end cash · USD thousands · the reference line is the minimum balance (USD 1,500 thousand)
6-month cash forecast (USD thousands)
December, the low point: base 2,633 · downside 1,243, below the 1,500 minimum (roaster down payment, 1,800).
March 2027: base 3,050 · downside 219; the downside stays below the minimum from December to March.
Management assumption: the downside only lowers customer collections by 5%.
Decisions before next quarter
1Negotiate a standby credit line by November 30 for the downside gap (USD 1,281 thousand in March).
2Confirm the date and amount of the roaster down payment (note 3).
3Explain the quarter's selling expense overrun (+9.5% against budget) [cause to be confirmed].
Accounts payable · as of 10/31/2026
Week 1 calls for USD 2,038k, including past due (1,602): 20 documents, 9 from critical suppliers
USD thousands · by supplier and due week · critical suppliers first
Total payable5,720
Past due1,60228.0% of the balance
DPO28Payables ÷ cost of sales for the month × 31
Supplier
S1 W1 + past due
S2 Nov 8
S3 Nov 15
S4 Nov 22
S5 Nov 29
S6 Dec 6
S7 Dec 13
S8 Dec 20
P001●Raw materials
589
161
300
—
84
87
214
—
P004●Raw materials
174
—
—
109
138
—
—
234
P006Freight
362
—
123
—
—
—
—
76
P005●Packaging
217
178
—
—
—
—
152
—
P010Services
95
—
—
—
345
—
—
—
P003●Raw materials
—
64
—
67
—
—
209
—
P015Supplies
190
—
—
—
—
129
—
—
P009●Freight
100
—
—
—
—
—
—
105
P018Technology
—
—
203
—
—
—
—
—
Other●8 suppliers
313
196
123
—
—
138
170
72
Payment for the week
2,038
599
748
176
567
355
745
486
Past due USD 1,602k (28.0%) · total USD 5,720k = accounts payable in the balance sheet
REP-013 · October 2026
Third-quarter EBITDA beats budget by 5.6% and the board decides today how to finance the second roaster
USD thousands · fictitious data from Meridian Coffee Co. (Demo)
12 months at a glance
USD thousands and days · November 2025 to October 2026
The quarter in figures
Revenue 29,908: +2.8% against budget and +6.9% on Q3 2025.
EBITDA 3,526 (11.8% margin) · profit for the period 1,758 (+10.5% against budget).
Selling expenses +272 (+9.5%): the only material adverse variance.
Cash 4,325 (+509) after repaying 1,050 of loans; net debt 225, 0.02x 12-month EBITDA.
Antares · Report · October 2026
Profitability by customer, product or line
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
Eleven of the 25 customers make 80% of October's contribution (USD 3,072 thousand, 31.7% of revenue); three decisions add 149 a month.
E-commerce beats planned gross profit by USD 138 thousand; retail falls 92 short
Actual (AC) Plan (PL)
Gross profit by line · USD thousands · October 2026 · actual and plan
After serving them, EXP leaves 23.2% and ECOM 47.2%
Contribution margin by line: ECOM 47.2% · HOR 34.8% · RET 30.2% · EXP 23.2%. Cost to serve totals 295: freight 89, commissions 94 and promotion 112. C019 leaves −0.1 and C011 0.9: they place small orders with freight paid by the company (note 4).
Every month's revenue stays above October's break-even point (USD 7,290 thousand)
Actual (AC)
Management assumption: 90% of cost of sales and 35% of selling expenses are variable. Fixed costs 2,739 · contribution margin 37.6%.
Results for October
Line
Actual
PL
Δ PL
Δ % PL
PY
Status
Revenue
9,700
9,600
+99.5
+1.0%
9,069
Cost of sales
6,333
6,360
−27.5
−0.4%
5,984
Gross profit
3,367
3,240
+127
+3.9%
3,085
Administrative expenses*
1,263
1,200
+63
+5.3%
1,175
Selling and distribution expenses*
1,019
950
+69
+7.3%
897
Depreciation and amortisation
180
180
0
0.0%
171
Operating profit
905
910
−5
−0.5%
843
Status: green, favourable · amber, adverse but not material · red, adverse and material (≥ 5% and ≥ USD 50 thousand).
Aldebaran · Report · October 2026
Bank loan application package
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
Client 07 is asking for USD 3,500 thousand over 5 years for the second roaster: debt would stand at 0.59x 12-month EBITDA, but coverage for the next 12 months is 1.03x.
Cash4,659−228 (−4.7%)vs PY
Equity23,196
Current ratio1.60×+0.29vs PY
Debt ratio39.5%−7.4 ppvs PY
EBITDA for the last 12 months adds up to 13,090, an 11.3% margin
Actual (AC)
Monthly EBITDA · USD thousands · November 2025 to October 2026 · alternative measure
Sources 3,500 + 500 of own cash = uses 4,000
Loan of 3,500 in 60 instalments at 9.5%: 73.5 a month. Pro forma debt 7,700 (0.59x EBITDA; bank reference: up to 2.5). Debt service coverage: 1.03x over the next 12 months, because loan B01 matures in October 2027 (4,439 of 5,321); 1.86x in 2027 and 1.23x with EBITDA 20% lower.
What the analyst will ask
Why does 12-month coverage not reach 1.25? B01 is fully repaid in October 2027; from 2028 debt service falls to 882 a year.
Why did cash fall over 12 months? Dividends of 1,800, B01 repayments and capital expenditure of 2,520.
What if EBITDA falls 20%? Coverage in 2027 would be 1.23x.
Neptune · Report · October 2026
SaaS metrics (MRR, churn, CAC, LTV)
Brewline Labs Inc. (Demo) · figures in USD · as of 10/31/2026
Brewline Labs Inc. (Demo): October MRR rises 5.3% in the month to USD 55,400, but NRR stays at 99.8%; runway is 14.9 months.
MRR55,400+24,200 (+77.6%)vs PY
Customers191+8 (+4.4%)vs prior month
Cash burn85,133
Runway14.9months
MRR grows 77.6% in 12 months, with net additions every month
2Returning to 2025 DIO (36 days) frees USD 649 thousand · operations and purchasing decide.
3Agree a payment plan with C009 and C017 for the balances over 90 days (note 4).
Bellatrix · Report · October 2026
Project profitability for service firms
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
Projects earn USD 7,729 in October (17.2%), but the unit keeps only USD 517 after the full team cost: P01 and P05 take away USD 5,337.
Meridian Coffee Co. (Demo) projects unit: bar installation, equipment maintenance and barista training for food-service customers · USD · October 2026.
October margin by project (USD)
P03 · time and materials: +5,152 (42.5%), 90% realization due to the agreed discount.
P04 · retainer: +4,004 (61.6%), with 14 hours over the included ones.
P06 · time and materials: +2,628 (53.2%) · P02 · fixed price: +1,282 (19.1%).
Projects at risk
P01: margin at completion of 11.6% against 34.4% budgeted; extension without a signed change order.
P05: loses 1,150 at completion; 367 provision in October.
Decisions
1Sign the second-station change order with C014 before continuing the installation.
2Set an overage rate for C033's retainer (14 unbilled hours in October).
3Assign the 94 unrecorded hours or show them as available capacity.
Spica · Report · October 2026
Payroll and people costs
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
October people cost is up 10.1% on October 2025, to USD 1,509 thousand, and 4.2% over budget (not material).
Selling and distribution expenses1,019+69 (+7.3%)vs PLPY 897 · +122 (+13.6%)
Revenue9,700+630 (+7.0%)vs PY
Three effects explain the 61 over budget
Headcount +29 (6 temporary campaign staff in e-commerce, note 3) · average pay +13 (in administration, a 6% pay rise against 3% budgeted, note 1) · commissions +18 (food service pays them on signing, note 2). Headcount 220 · FTE 215.1 · cost per FTE USD 7,013 · people cost to revenue 15.6%.
By area, against budget
Administration 858 against 830 (+28) with the same headcount of 70.
Food service 158 against 140 (+18): all of it is commission.
E-commerce 88 against 70 (+18) · retail 318 against 318 · export 87 against 90.
12-month turnover: 15.3% overall and 29.4% in retail.
What needs deciding in November
1Food-service commission policy: on signing or on invoicing (18 over budget in October).
2Whether to renew the 6 temporary e-commerce staff for December: 17 a month.
3Base for the 2027 people budget: October's annualised cost is 18,105.
Jupiter · Report · October 2026
Annual management report (narrative draft)
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
Management report · 2025 financial year · Draft for the directors' review
Revenue for 2025 grows 5.8% to USD 109.6 million and profit for the year 35.9% to USD 5.8 million; net financial debt falls to 0.16 times EBITDA.
Business performance
In March the company opened its own e-commerce channel and in July it renewed the packaging line with USD 2.75 million of plant and equipment, partly financed by a USD 3 million bank loan. Gross margin rose from 33.1% to 34.8%; the second-half rise in green coffee prices was partly passed on to the price list in November (notes 1 to 3).
Figures for the year (USD million; 2024 in brackets)
Revenue 109.6 (103.6) · EBITDA, a measure not defined by the framework, 12.4 (10.0)
Profit for the year 5.8 (4.2) · operating cash flow 7.1 (5.6)
Current ratio 1.84 (1.79) · liabilities to assets 45.6% (50.3%)
Principal risks according to management (notes 4 to 6)
Volatility of green coffee prices, the main input.
Exchange rates on export sales.
Concentration: the top 10 food-service customers account for about a third of that channel's sales. Mitigation: [to be completed by management].
Proposed allocation of profit (USD thousands)
1Reserves: 576 · dividends: 3,000 · retained earnings: 2,188 · total: 5,764, the profit for the year.
2Subsequent event (note 7): in February 2026 the board approved buying a second roaster, with a USD 1.8 million down payment in December 2026.
Required content: [to be completed by management with the applicable list of requirements]. Supporting draft; it does not replace your accountant, statutory reviewer or auditor. FICTITIOUS DATA.
Cassiopeia · Report · October 2026
Annual budget memo
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
The 2027 budget takes profit for the period to USD 7,546 thousand, 23.4% above the 2026 estimated close, on revenue of USD 128,866 thousand (+10.1%).
What is being approved
1Revenue of USD 128,866 thousand and EBITDA of USD 15,884 thousand (+19.7% on the estimated close).
2Capex of USD 2,160 thousand: the second roaster's balance and computer equipment renewal.
3Year-end headcount of 229 (223 today) and a USD 3,000 thousand loan, proposed and not yet signed.
Budget baseline: revenue for the last 12 months against its budget
Actual (AC) Plan (PL)
What could go wrong
E-commerce grows 28.0% and its assumptions explain 22.4%: USD 676 thousand with no support [difference to be confirmed].
Unit cost 5% above plan: profit for the period drops USD 2,724 thousand.
Prices 2% lower across all lines: profit for the period drops USD 1,675 thousand.
Betelgeuse · Report · October 2026
Annual summary for the owner
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
In the 12 months to October 2026 profit for the period grows 7.2% to USD 6,087 thousand; cash falls USD 228 thousand because of capex, debt and dividends.
Month by month against prior year
Where the cash came from and where it went
Operations generated USD 6,292 thousand, after funding USD 1,520 thousand more receivables and USD 1,054 thousand more inventory.
USD 2,520 thousand went into fixed assets and USD 2,200 thousand of debt was repaid net.
Shareholders received USD 1,800 thousand in dividends (note 4): cash closes at USD 4,659 thousand.
Where working capital ended up
Cash4,659−228 (−4.7%)vs PY
DSO · days to collect36days+3 daysvs PY
DIO · days of inventory39days
Cash conversion cycle47days
For the year ahead
1Review why selling expenses grow 10.0% while revenue grows 6.9%.
2Bring the 47-day cash conversion cycle down: it rose 7 days over the year on collections and inventory.
Centauri · Report · October 2026
Parent company reporting package
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
Year-to-date profit beats the group budget by 3.9% (EUR 165 thousand); of the extra EUR 262 thousand of October revenue, EUR 172 thousand is exchange-rate effect.
October in local currency
Line
Actual
PL
Δ PL
Δ % PL
Status
Revenue
9,700
9,600
+99.5
+1.0%
Gross profit
3,367
3,240
+127
+3.9%
EBITDA
1,085
1,090
−5
−0.5%
Profit for the period
498
510
−12.4
−2.4%
Status: green, favourable · amber, adverse but not material · red, adverse and material (≥ 5% and ≥ USD 50 thousand).
In the package, every line also appears in group currency, translated at the month's average rate.
From the local books to the group package
October revenue in EUR: +262 thousand against budget = +90 thousand operating and +172 thousand from exchange rates.
Translated balance sheet: equity of EUR 21,379 thousand with a EUR 257 thousand translation reserve (+77 thousand this year).
Intercompany: G01 agrees; G02 differs by USD 32 thousand because invoice FE-10640 is in transit (note 4).
Before the November 6 submission
1Confirm with G02 that it will book invoice FE-10640 in November.
2Review by the administrative and finance manager: the package stays «pending review» until then.
Procyon · Report · October 2026
Year-end close checklist and pending adjustments
Meridian Coffee Co. (Demo) · figures in USD thousands · as of 10/31/2026
The 2026 close has 7 candidate adjustments; the quantified ones reduce profit by USD 61 thousand before tax.
Candidate adjustments (proposed, not booked)
1A1 · Unamortised prepaid insurance: USD 49 thousand per the policies.