CADI: 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.
CADI
Largest movements
- Receivables within one year -€6,454
down €6,454 (-3.9%), from €163,849 to €157,395
of which Other amounts receivable: -€15,622
- Debts after one year -€12,010
down €12,010 (-9.2%), from €130,486 to €118,476
- Trade debts -€4,983
down €4,983 (-40.8%), from €12,220 to €7,237
- Profit (loss) carried forward +€4,352
up €4,352 (+6.7%), from -€64,862 to -€60,510
- Taxes -€4,688
down €4,688 (-68.9%), from €6,801 to €2,114
- Gross operating margin +€3,844
up €3,844 (+20.1%), from €19,163 to €23,006
- Financial charges +€782
up €782 (+9.6%), from €8,126 to €8,908
- Depreciation -€751
down €751 (-13.8%), from €5,448 to €4,697
- Other operating charges +€278
up €278 (+10.5%), from €2,657 to €2,936
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.
Cash bridge derived
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 | €397,705 | €385,792 | -€11,913 | -3.0% |
| Fixed assets | 21/28 | €231,888 | €228,031 | -€3,857 | -1.7% |
| Tangible fixed assets | 22/27 | €231,888 | €228,031 | -€3,857 | -1.7% |
| Land and buildings | 22 | €216,793 | €216,004 | -€789 | -0.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €15,095 | €12,027 | -€3,068 | -20.3% |
| Current assets | 29/58 | €165,817 | €157,760 | -€8,057 | -4.9% |
| Amounts receivable within one year | 40/41 | €163,849 | €157,395 | -€6,454 | -3.9% |
| Trade receivables | 40 | €13,752 | €22,920 | +€9,168 | +66.7% |
| Other amounts receivable | 41 | €150,097 | €134,475 | -€15,622 | -10.4% |
| Cash at bank and in hand | 54/58 | €1,968 | €365 | -€1,603 | -81.4% |
| Total equity and liabilities | 10/49 | €397,705 | €385,792 | -€11,913 | -3.0% |
| Equity | 10/15 | €238,775 | €243,127 | +€4,352 | +1.8% |
| Contributions | 10/11 | €101,636 | €101,636 | = | 0.0% |
| Capital | 10 | €101,636 | €101,636 | = | 0.0% |
| Issued capital | 100 | €101,636 | €101,636 | = | 0.0% |
| Revaluation surpluses | 12 | €189,000 | €189,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,862 | -€60,510 | +€4,352 | +6.7% |
| Amounts payable | 17/49 | €158,931 | €142,665 | -€16,266 | -10.2% |
| Amounts payable after more than one year | 17 | €130,486 | €118,476 | -€12,010 | -9.2% |
| Financial debts | 170/4 | €130,486 | €118,476 | -€12,010 | -9.2% |
| Amounts payable within one year | 42/48 | €28,445 | €24,189 | -€4,256 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €11,282 | €12,010 | +€728 | +6.4% |
| Trade debts | 44 | €12,220 | €7,237 | -€4,983 | -40.8% |
| Suppliers | 440/4 | €12,220 | €7,237 | -€4,983 | -40.8% |
| Other amounts payable | 47/48 | €4,943 | €4,943 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,448 | €4,697 | -€751 | -13.8% |
| Other operating charges | 640/8 | €2,657 | €2,936 | +€278 | +10.5% |
| Gross operating margin | 9900 | €19,163 | €23,006 | +€3,844 | +20.1% |
| Operating profit (loss) | 9901 | €11,058 | €15,374 | +€4,316 | +39.0% |
| Financial charges | 65/66B | €8,126 | €8,908 | +€782 | +9.6% |
| Recurring financial charges | 65 | €8,126 | €8,908 | +€782 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €2,932 | €6,466 | +€3,534 | +120.5% |
| Income taxes | 67/77 | €6,801 | €2,114 | -€4,688 | -68.9% |
| Profit (loss) for the period | 9904 | -€3,870 | €4,352 | +€8,222 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,870 | €4,352 | +€8,222 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.