CADENCE TECHNICS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CADENCE TECHNICS
Largest movements
- Tangible fixed assets -€17,375
no longer reported in 2024 (was €17,375)
of which Land and buildings: -€10,095
- Cash -€16,501
down €16,501 (-79.9%), from €20,649 to €4,147
mainly Contributions, distributions and other (-€40,000) and Net result for the year (-€12,430)
- Receivables within one year -€15,798
down €15,798 (-76.0%), from €20,798 to €5,000
of which Other amounts receivable: -€14,972
- Deferred charges and accrued income -€617
no longer reported in 2024 (was €617)
- Profit (loss) carried forward -€33,607
down €33,607, from €29,198 to -€4,409
- Contributions -€18,823
down €18,823 (-68.2%), from €27,606 to €8,783
- Tax, wage and social debts +€967
up €967 (+336%), from €288 to €1,255
- Advances received +€750
new in 2024: €750
- Financial charges +€22,242
up €22,242 (+1,752%), from €1,269 to €23,511
of which Non-recurring financial charges: +€22,063
- Gross operating margin -€15,708
down €15,708 (-56.6%), from €27,746 to €12,038
- Depreciation -€8,165
no longer reported in 2024 (was €8,165)
- Staff costs -€456
down €456 (-47.9%), from €952 to €496
- Taxes -€288
no longer reported in 2024 (was €288)
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,438 | €9,147 | -€50,291 | -84.6% |
| Fixed assets | 21/28 | €17,375 | - | -€17,375 | |
| Tangible fixed assets | 22/27 | €17,375 | - | -€17,375 | |
| Land and buildings | 22 | €10,095 | - | -€10,095 | |
| Furniture and vehicles | 24 | €7,280 | - | -€7,280 | |
| Current assets | 29/58 | €42,064 | €9,147 | -€32,916 | -78.3% |
| Amounts receivable within one year | 40/41 | €20,798 | €5,000 | -€15,798 | -76.0% |
| Trade receivables | 40 | €825 | - | -€825 | |
| Other amounts receivable | 41 | €19,972 | €5,000 | -€14,972 | -75.0% |
| Cash at bank and in hand | 54/58 | €20,649 | €4,147 | -€16,501 | -79.9% |
| Deferred charges and accrued income | 490/1 | €617 | - | -€617 | |
| Total equity and liabilities | 10/49 | €59,438 | €9,147 | -€50,291 | -84.6% |
| Equity | 10/15 | €58,664 | €6,234 | -€52,430 | -89.4% |
| Contributions | 10/11 | €27,606 | €8,783 | -€18,823 | -68.2% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €29,198 | -€4,409 | -€33,607 | |
| Amounts payable | 17/49 | €774 | €2,914 | +€2,139 | +276% |
| Amounts payable within one year | 42/48 | €774 | €2,914 | +€2,139 | +276% |
| Trade debts | 44 | €487 | €909 | +€422 | +86.8% |
| Suppliers | 440/4 | €487 | €909 | +€422 | +86.8% |
| Advances received on contracts in progress | 46 | - | €750 | +€750 | |
| Taxes, remuneration and social security | 45 | €288 | €1,255 | +€967 | +336% |
| Taxes | 450/3 | €288 | €1,255 | +€967 | +336% |
| Remuneration, social security and pensions | 62 | €952 | €496 | -€456 | -47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,165 | - | -€8,165 | |
| Other operating charges | 640/8 | €448 | €467 | +€19 | +4.4% |
| Gross operating margin | 9900 | €27,746 | €12,038 | -€15,708 | -56.6% |
| Operating profit (loss) | 9901 | €18,182 | €11,075 | -€7,106 | -39.1% |
| Financial income | 75/76B | €2 | €6 | +€4 | +243% |
| Recurring financial income | 75 | €2 | €6 | +€4 | +243% |
| Financial charges | 65/66B | €1,269 | €23,511 | +€22,242 | +1,752% |
| Recurring financial charges | 65 | €130 | €309 | +€179 | +137% |
| Non-recurring financial charges | 66B | €1,139 | €23,202 | +€22,063 | +1,937% |
| Profit (loss) for the period before taxes | 9903 | €16,914 | -€12,430 | -€29,344 | |
| Income taxes | 67/77 | €288 | - | -€288 | |
| Profit (loss) for the period | 9904 | €16,626 | -€12,430 | -€29,056 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,626 | -€12,430 | -€29,056 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.