CADC WHITE STORM: what changed
CADC WHITE STORM
Largest movements
- Intangible fixed assets -€12,861
down €12,861 (-50.1%), from €25,695 to €12,834
- Receivables within one year -€9,083
down €9,083 (-14.8%), from €61,281 to €52,198
of which Trade receivables: -€11,861
- Cash -€8,020
no longer reported in 2025 (was €8,020)
mainly Trade debts (-€15,050) and Debts after one year (-€13,312)
- Tangible fixed assets +€1,294
up €1,294 (+56.9%), from €2,276 to €3,570
- Trade debts -€15,050
down €15,050 (-96.4%), from €15,616 to €566
- Debts after one year -€13,312
down €13,312 (-56.8%), from €23,434 to €10,122
- Tax, wage and social debts -€11,711
down €11,711 (-52.3%), from €22,395 to €10,684
of which Taxes: -€10,936
- Profit (loss) carried forward +€9,264
up €9,264 (+42.7%), from €21,718 to €30,983
- Short-term financial debts +€1,932
new in 2025: €1,932
No income-statement line moved by more than 1% of the activity.
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 | €99,769 | €71,099 | -€28,670 | -28.7% |
| Fixed assets | 21/28 | €28,321 | €16,754 | -€11,567 | -40.8% |
| Intangible fixed assets | 21 | €25,695 | €12,834 | -€12,861 | -50.1% |
| Tangible fixed assets | 22/27 | €2,276 | €3,570 | +€1,294 | +56.9% |
| Furniture and vehicles | 24 | €2,276 | €3,570 | +€1,294 | +56.9% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €71,449 | €54,346 | -€17,103 | -23.9% |
| Stocks and contracts in progress | 3 | €2,148 | €2,148 | = | 0.0% |
| Stocks | 30/36 | €2,148 | €2,148 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,281 | €52,198 | -€9,083 | -14.8% |
| Trade receivables | 40 | €48,324 | €36,463 | -€11,861 | -24.5% |
| Other amounts receivable | 41 | €12,957 | €15,735 | +€2,778 | +21.4% |
| Cash at bank and in hand | 54/58 | €8,020 | - | -€8,020 | |
| Total equity and liabilities | 10/49 | €99,769 | €71,099 | -€28,670 | -28.7% |
| Equity | 10/15 | €25,218 | €34,483 | +€9,264 | +36.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,718 | €30,983 | +€9,264 | +42.7% |
| Amounts payable | 17/49 | €74,551 | €36,616 | -€37,934 | -50.9% |
| Amounts payable after more than one year | 17 | €23,434 | €10,122 | -€13,312 | -56.8% |
| Financial debts | 170/4 | €23,434 | €10,122 | -€13,312 | -56.8% |
| Amounts payable within one year | 42/48 | €51,117 | €26,495 | -€24,622 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €13,105 | €13,312 | +€207 | +1.6% |
| Financial debts | 43 | - | €1,932 | +€1,932 | |
| Credit institutions | 430/8 | - | €1,932 | +€1,932 | |
| Trade debts | 44 | €15,616 | €566 | -€15,050 | -96.4% |
| Suppliers | 440/4 | €15,616 | €566 | -€15,050 | -96.4% |
| Taxes, remuneration and social security | 45 | €22,395 | €10,684 | -€11,711 | -52.3% |
| Taxes | 450/3 | €19,818 | €8,882 | -€10,936 | -55.2% |
| Remuneration and social security | 454/9 | €2,577 | €1,802 | -€775 | -30.1% |
| Remuneration, social security and pensions | 62 | €23,890 | €24,436 | +€545 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,273 | €14,585 | +€312 | +2.2% |
| Other operating charges | 640/8 | €2,196 | €1,822 | -€374 | -17.0% |
| Gross operating margin | 9900 | €57,899 | €57,613 | -€286 | -0.5% |
| Operating profit (loss) | 9901 | €17,539 | €16,770 | -€769 | -4.4% |
| Financial income | 75/76B | €38 | €47 | +€9 | +23.6% |
| Recurring financial income | 75 | €38 | €47 | +€9 | +23.6% |
| Financial charges | 65/66B | €3,326 | €3,183 | -€143 | -4.3% |
| Recurring financial charges | 65 | €3,326 | €3,183 | -€143 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €14,251 | €13,634 | -€617 | -4.3% |
| Income taxes | 67/77 | €4,461 | €4,370 | -€92 | -2.1% |
| Profit (loss) for the period | 9904 | €9,790 | €9,264 | -€525 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,790 | €9,264 | -€525 | -5.4% |
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 3 November 2026 via checked.be.