Cadahns Management: what changed
What changed
Cadahns Management
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€34,031
2025 · -€10,885-€23,146
Equity
€101,752
2025 · €135,783-€34,031
Cash
-
not filed
Balance sheet total
€1.0m
2025 · €1.0m-€37,656
Largest movements
Assets
- Tangible fixed assets -€28,604
down €28,604 (-5.8%), from €494,576 to €465,972
of which Land and buildings: -€14,860
- Intangible fixed assets -€16,800
down €16,800 (-50.0%), from €33,600 to €16,800
Equity and liabilities
- Reserves -€34,031
down €34,031 (-39.0%), from €87,183 to €53,152
Income statement
- Gross operating margin -€13,536
down €13,536 (-23.0%), from €58,904 to €45,369
- Depreciation +€9,265
up €9,265 (+24.4%), from €37,989 to €47,253
- Other operating charges +€7,483
up €7,483 (+890%), from €841 to €8,323
- Financial charges -€6,309
down €6,309 (-20.6%), from €30,571 to €24,262
Change in the result, 2025 to 2026
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 2025
-€10,885
Gross operating margin
-€13,536
Staff costs
+€126
Depreciation
-€9,265
Other operating charges
-€7,483
Financial income
+€304
Financial charges
+€6,309
Taxes
+€398
Result 2026
-€34,031
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,038,182 | €1,000,526 | -€37,656 | -3.6% |
| Fixed assets | 21/28 | €1,016,766 | €971,362 | -€45,404 | -4.5% |
| Intangible fixed assets | 21 | €33,600 | €16,800 | -€16,800 | -50.0% |
| Tangible fixed assets | 22/27 | €494,576 | €465,972 | -€28,604 | -5.8% |
| Land and buildings | 22 | €468,211 | €453,350 | -€14,860 | -3.2% |
| Furniture and vehicles | 24 | €26,365 | €12,622 | -€13,743 | -52.1% |
| Financial fixed assets | 28 | €488,590 | €488,590 | = | 0.0% |
| Current assets | 29/58 | €21,416 | €29,164 | +€7,748 | +36.2% |
| Amounts receivable after more than one year | 29 | €7,714 | €16,460 | +€8,746 | +113% |
| Other amounts receivable | 291 | €7,714 | €16,460 | +€8,746 | +113% |
| Amounts receivable within one year | 40/41 | €12,723 | €11,476 | -€1,247 | -9.8% |
| Trade receivables | 40 | €12,296 | €11,470 | -€826 | -6.7% |
| Other amounts receivable | 41 | €427 | €7 | -€421 | -98.4% |
| Deferred charges and accrued income | 490/1 | €978 | €1,228 | +€250 | +25.5% |
| Total equity and liabilities | 10/49 | €1,038,182 | €1,000,526 | -€37,656 | -3.6% |
| Equity | 10/15 | €135,783 | €101,752 | -€34,031 | -25.1% |
| Contributions | 10/11 | €48,600 | €48,600 | = | 0.0% |
| Reserves | 13 | €87,183 | €53,152 | -€34,031 | -39.0% |
| Distributable reserves | 133 | €87,183 | €53,152 | -€34,031 | -39.0% |
| Amounts payable | 17/49 | €902,398 | €898,774 | -€3,625 | -0.4% |
| Amounts payable after more than one year | 17 | €805,421 | €805,934 | +€513 | +0.1% |
| Financial debts | 170/4 | €583,171 | €509,224 | -€73,947 | -12.7% |
| Other amounts payable | 178/9 | €222,250 | €296,710 | +€74,460 | +33.5% |
| Amounts payable within one year | 42/48 | €96,977 | €92,839 | -€4,137 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €80,998 | €83,708 | +€2,710 | +3.3% |
| Financial debts | 43 | €3,066 | €121 | -€2,945 | -96.1% |
| Credit institutions | 430/8 | €3,066 | €121 | -€2,945 | -96.1% |
| Trade debts | 44 | €11,373 | €6,887 | -€4,487 | -39.4% |
| Suppliers | 440/4 | €11,373 | €6,887 | -€4,487 | -39.4% |
| Taxes, remuneration and social security | 45 | €1,539 | €2,124 | +€585 | +38.0% |
| Taxes | 450/3 | €1,539 | €2,124 | +€585 | +38.0% |
| Non-recurring operating income | 76A | €14,463 | - | -€14,463 | |
| Remuneration, social security and pensions | 62 | €126 | - | -€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,989 | €47,253 | +€9,265 | +24.4% |
| Other operating charges | 640/8 | €841 | €8,323 | +€7,483 | +890% |
| Gross operating margin | 9900 | €58,904 | €45,369 | -€13,536 | -23.0% |
| Operating profit (loss) | 9901 | €19,949 | -€10,208 | -€30,157 | |
| Financial income | 75/76B | €142 | €446 | +€304 | +215% |
| Recurring financial income | 75 | €142 | €446 | +€304 | +215% |
| Financial charges | 65/66B | €30,571 | €24,262 | -€6,309 | -20.6% |
| Recurring financial charges | 65 | €30,571 | €24,262 | -€6,309 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,480 | -€34,024 | -€23,544 | -225% |
| Income taxes | 67/77 | €405 | €7 | -€398 | -98.2% |
| Profit (loss) for the period | 9904 | -€10,885 | -€34,031 | -€23,146 | -213% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,885 | -€34,031 | -€23,146 | -213% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.