C.A.D. HOLDING: what changed
C.A.D. HOLDING
Largest movements
- Receivables within one year -€19,931
down €19,931 (-6.0%), from €330,344 to €310,413
of which Other amounts receivable: -€21,916
- Cash +€14,712
up €14,712 (+183%), from €8,055 to €22,767
mainly Receivables within one year (+€19,931) and Net result for the year (+€18,939)
- Profit (loss) carried forward +€18,939
up €18,939 (+363%), from €5,218 to €24,157
- Tax, wage and social debts -€14,116
down €14,116 (-74.7%), from €18,908 to €4,792
- Trade debts -€8,780
down €8,780 (-100%), from €8,780 to €0
- Gross operating margin +€13,453
up €13,453 (+87.8%), from €15,330 to €28,783
- Financial income -€4,484
down €4,484 (-52.5%), from €8,538 to €4,055
- Taxes +€1,621
up €1,621 (+33.8%), from €4,792 to €6,413
- Depreciation +€568
up €568 (+24.2%), from €2,347 to €2,915
- Other operating charges +€409
up €409 (+11.7%), from €3,488 to €3,898
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 | €403,301 | €399,344 | -€3,957 | -1.0% |
| Fixed assets | 21/28 | €64,902 | €66,164 | +€1,262 | +1.9% |
| Tangible fixed assets | 22/27 | €64,902 | €66,164 | +€1,262 | +1.9% |
| Land and buildings | 22 | €52,822 | €52,822 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,857 | €9,193 | +€3,336 | +57.0% |
| Other tangible fixed assets | 26 | €6,223 | €4,148 | -€2,074 | -33.3% |
| Current assets | 29/58 | €338,399 | €333,179 | -€5,220 | -1.5% |
| Amounts receivable within one year | 40/41 | €330,344 | €310,413 | -€19,931 | -6.0% |
| Trade receivables | 40 | - | €1,984 | +€1,984 | |
| Other amounts receivable | 41 | €330,344 | €308,428 | -€21,916 | -6.6% |
| Cash at bank and in hand | 54/58 | €8,055 | €22,767 | +€14,712 | +183% |
| Total equity and liabilities | 10/49 | €403,301 | €399,344 | -€3,957 | -1.0% |
| Equity | 10/15 | €375,612 | €394,551 | +€18,939 | +5.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €295,395 | €295,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €280,521 | €280,521 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,218 | €24,157 | +€18,939 | +363% |
| Amounts payable | 17/49 | €27,689 | €4,792 | -€22,896 | -82.7% |
| Amounts payable within one year | 42/48 | €27,689 | €4,792 | -€22,896 | -82.7% |
| Trade debts | 44 | €8,780 | €0 | -€8,780 | -100% |
| Suppliers | 440/4 | €8,780 | €0 | -€8,780 | -100% |
| Taxes, remuneration and social security | 45 | €18,908 | €4,792 | -€14,116 | -74.7% |
| Taxes | 450/3 | €18,908 | €4,792 | -€14,116 | -74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,347 | €2,915 | +€568 | +24.2% |
| Other operating charges | 640/8 | €3,488 | €3,898 | +€409 | +11.7% |
| Gross operating margin | 9900 | €15,330 | €28,783 | +€13,453 | +87.8% |
| Operating profit (loss) | 9901 | €9,494 | €21,970 | +€12,476 | +131% |
| Financial income | 75/76B | €8,538 | €4,055 | -€4,484 | -52.5% |
| Recurring financial income | 75 | €8,538 | €4,055 | -€4,484 | -52.5% |
| Financial charges | 65/66B | €446 | €672 | +€226 | +50.7% |
| Recurring financial charges | 65 | €446 | €672 | +€226 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | €17,586 | €25,352 | +€7,766 | +44.2% |
| Income taxes | 67/77 | €4,792 | €6,413 | +€1,621 | +33.8% |
| Profit (loss) for the period | 9904 | €12,794 | €18,939 | +€6,145 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,794 | €18,939 | +€6,145 | +48.0% |
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 2 November 2026 via checked.be.