CADESK: what changed
Two fiscal 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.
CADESK
Largest movements
- Receivables within one year -€28,840
down €28,840 (-66.0%), from €43,690 to €14,849
of which Trade receivables: -€33,065
- Deferred charges and accrued income +€24,614
up €24,614 (+2056.8%), from €1,197 to €25,811
- Current investments -€19,993
down €19,993 (-57.1%), from €35,001 to €15,008
- Tangible fixed assets -€5,534
down €5,534 (-65.1%), from €8,504 to €2,970
of which Furniture and vehicles: -€7,930
- Cash +€2,434
up €2,434 (+340.7%), from €714 to €3,148
mainly Receivables within one year (+€28,840) and Current investments (+€19,993)
- Trade debts -€25,275
down €25,275 (-39.4%), from €64,170 to €38,895
- Profit (loss) carried forward +€5,113
up €5,113 (+78.0%), from €6,551 to €11,664
- Tax, wage and social debts -€3,720
down €3,720 (-35.4%), from €10,496 to €6,775
- Debts after one year -€3,180
no longer reported in 2025 (was €3,180)
- Depreciation -€4,871
down €4,871 (-79.6%), from €6,120 to €1,249
- Financial charges +€2,761
up €2,761 (+648.7%), from €426 to €3,186
- Gross operating margin -€869
down €869 (-5.2%), from €16,548 to €15,679
- Taxes -€780
down €780 (-24.1%), from €3,239 to €2,459
- Other operating charges +€533
up €533 (+43.1%), from €1,235 to €1,768
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 | €89,345 | €62,026 | -€27,319 | -30.6% |
| Fixed assets | 21/28 | €8,744 | €3,210 | -€5,534 | -63.3% |
| Tangible fixed assets | 22/27 | €8,504 | €2,970 | -€5,534 | -65.1% |
| Furniture and vehicles | 24 | €8,504 | €574 | -€7,930 | -93.2% |
| Other tangible fixed assets | 26 | - | €2,396 | +€2,396 | |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €80,601 | €58,816 | -€21,785 | -27.0% |
| Amounts receivable within one year | 40/41 | €43,690 | €14,849 | -€28,840 | -66.0% |
| Trade receivables | 40 | €36,114 | €3,048 | -€33,065 | -91.6% |
| Other amounts receivable | 41 | €7,576 | €11,801 | +€4,225 | +55.8% |
| Current investments | 50/53 | €35,001 | €15,008 | -€19,993 | -57.1% |
| Cash at bank and in hand | 54/58 | €714 | €3,148 | +€2,434 | +340.7% |
| Deferred charges and accrued income | 490/1 | €1,197 | €25,811 | +€24,614 | +2056.8% |
| Total equity and liabilities | 10/49 | €89,345 | €62,026 | -€27,319 | -30.6% |
| Equity | 10/15 | €8,064 | €13,177 | +€5,113 | +63.4% |
| Contributions | 10/11 | €1,513 | €1,513 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,551 | €11,664 | +€5,113 | +78.0% |
| Amounts payable | 17/49 | €81,281 | €48,850 | -€32,432 | -39.9% |
| Amounts payable after more than one year | 17 | €3,180 | - | -€3,180 | |
| Financial debts | 170/4 | €3,180 | - | -€3,180 | |
| Amounts payable within one year | 42/48 | €78,102 | €48,850 | -€29,252 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | €3,436 | €3,180 | -€257 | -7.5% |
| Trade debts | 44 | €64,170 | €38,895 | -€25,275 | -39.4% |
| Suppliers | 440/4 | €64,170 | €38,895 | -€25,275 | -39.4% |
| Taxes, remuneration and social security | 45 | €10,496 | €6,775 | -€3,720 | -35.4% |
| Taxes | 450/3 | €10,496 | €6,775 | -€3,720 | -35.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,120 | €1,249 | -€4,871 | -79.6% |
| Other operating charges | 640/8 | €1,235 | €1,768 | +€533 | +43.1% |
| Non-recurring operating charges | 66A | - | €2,518 | +€2,518 | |
| Gross operating margin | 9900 | €16,548 | €15,679 | -€869 | -5.2% |
| Operating profit (loss) | 9901 | €9,193 | €10,145 | +€952 | +10.4% |
| Financial income | 75/76B | €420 | €613 | +€192 | +45.8% |
| Recurring financial income | 75 | €420 | €613 | +€192 | +45.8% |
| Financial charges | 65/66B | €426 | €3,186 | +€2,761 | +648.7% |
| Recurring financial charges | 65 | €426 | €3,186 | +€2,761 | +648.7% |
| Profit (loss) for the period before taxes | 9903 | €9,188 | €7,571 | -€1,616 | -17.6% |
| Income taxes | 67/77 | €3,239 | €2,459 | -€780 | -24.1% |
| Profit (loss) for the period | 9904 | €5,949 | €5,113 | -€836 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,949 | €5,113 | -€836 | -14.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.