CADEOS: 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.
CADEOS
Largest movements
- Cash +€30,172
up €30,172 (+184.7%), from €16,339 to €46,511
mainly Depreciation (+€14,542) and Trade debts (+€11,910)
- Tangible fixed assets -€14,542
down €14,542 (-8.1%), from €180,325 to €165,783
- Deferred charges and accrued income -€6,071
down €6,071 (-28.8%), from €21,071 to €15,000
- Receivables within one year +€3,771
up €3,771 (+2.9%), from €129,033 to €132,804
of which Other amounts receivable: +€3,771
- Trade debts +€11,910
up €11,910 (+1714.7%), from €695 to €12,605
- Taxes +€12,960
new in 2025: €12,960
- Other operating charges -€12,048
down €12,048 (-46.8%), from €25,759 to €13,712
- Purchases and services +€1,658
up €1,658 (+4.6%), from €35,661 to €37,320
- Turnover +€1,524
up €1,524 (+1.3%), from €116,968 to €118,492
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €346,934 | €360,264 | +€13,330 | +3.8% |
| Fixed assets | 21/28 | €180,491 | €165,949 | -€14,542 | -8.1% |
| Tangible fixed assets | 22/27 | €180,325 | €165,783 | -€14,542 | -8.1% |
| Land and buildings | 22 | €180,325 | €165,783 | -€14,542 | -8.1% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €166,443 | €194,315 | +€27,872 | +16.7% |
| Amounts receivable within one year | 40/41 | €129,033 | €132,804 | +€3,771 | +2.9% |
| Trade receivables | 40 | €8,366 | €8,366 | = | 0.0% |
| Other amounts receivable | 41 | €120,668 | €124,438 | +€3,771 | +3.1% |
| Cash at bank and in hand | 54/58 | €16,339 | €46,511 | +€30,172 | +184.7% |
| Deferred charges and accrued income | 490/1 | €21,071 | €15,000 | -€6,071 | -28.8% |
| Total equity and liabilities | 10/49 | €346,934 | €360,264 | +€13,330 | +3.8% |
| Equity | 10/15 | €334,259 | €335,625 | +€1,365 | +0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €8,892 | €8,892 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,692 | €2,692 | = | 0.0% |
| Profit (loss) carried forward | 14 | €237,630 | €238,995 | +€1,365 | +0.6% |
| Investment grants | 15 | €25,738 | €25,738 | = | 0.0% |
| Amounts payable | 17/49 | €12,675 | €24,639 | +€11,965 | +94.4% |
| Amounts payable within one year | 42/48 | €12,675 | €24,639 | +€11,965 | +94.4% |
| Trade debts | 44 | €695 | €12,605 | +€11,910 | +1714.7% |
| Suppliers | 440/4 | €695 | €12,605 | +€11,910 | +1714.7% |
| Taxes, remuneration and social security | 45 | €2,321 | €2,375 | +€55 | +2.4% |
| Remuneration and social security | 454/9 | €2,321 | €2,375 | +€55 | +2.4% |
| Other amounts payable | 47/48 | €9,659 | €9,659 | = | 0.0% |
| Turnover | 70 | €116,968 | €118,492 | +€1,524 | +1.3% |
| Non-recurring operating income | 76A | €3,488 | €3,771 | +€283 | +8.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €35,661 | €37,320 | +€1,658 | +4.6% |
| Remuneration, social security and pensions | 62 | €41,120 | €41,931 | +€812 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,542 | €14,542 | = | 0.0% |
| Other operating charges | 640/8 | €25,759 | €13,712 | -€12,048 | -46.8% |
| Gross operating margin | 9900 | €84,795 | €84,944 | +€149 | +0.2% |
| Operating profit (loss) | 9901 | €3,374 | €14,759 | +€11,385 | +337.4% |
| Financial charges | 65/66B | €285 | €434 | +€149 | +52.4% |
| Recurring financial charges | 65 | €285 | €434 | +€149 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | €3,089 | €14,325 | +€11,236 | +363.7% |
| Income taxes | 67/77 | - | €12,960 | +€12,960 | |
| Profit (loss) for the period | 9904 | €3,089 | €1,365 | -€1,724 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,089 | €1,365 | -€1,724 | -55.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.