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CADI - IMMO: 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.

What changed

CADI - IMMO

BE 0445.096.079
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,373
2024 · €86,403-€80,030
Equity
€125,432
2024 · €119,059+€6,373
Cash
€1,614
2024 · €1,645-€31
Balance sheet total
€127,867
2024 · €121,240+€6,626

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€6,657

    up €6,657 (+5.6%), from €119,595 to €126,252

Equity and liabilities
  • Reserves +€6,373

    up €6,373 (+6.7%), from €95,826 to €102,199

    of which Distributable reserves: +€6,373

Income statement
  • Gross operating margin -€83,986

    down €83,986 (-100.0%), from €84,002 to €16

  • Financial income +€3,788

    up €3,788 (+131.9%), from €2,873 to €6,661

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €86,403
Gross operating margin -€83,986
Other operating charges +€387
Financial income +€3,788
Financial charges +€34
Taxes -€254
Result 2025 €6,373

Cash bridge derived

cash 2024 to 2025

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.

From operations -€31
Investment €0
Financing €0
Cash 2024 €1,645
Net result for the year +€6,373
Receivables within one year -€6,657
Tax, wage and social debts +€253
Cash 2025 €1,614
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €121,240 €127,867 +€6,626 +5.5%
Fixed assets 21/28 €0 - =
Tangible fixed assets 22/27 €0 - =
Land and buildings 22 €0 - =
Current assets 29/58 €121,240 €127,867 +€6,626 +5.5%
Amounts receivable within one year 40/41 €119,595 €126,252 +€6,657 +5.6%
Other amounts receivable 41 €119,595 €126,252 +€6,657 +5.6%
Cash at bank and in hand 54/58 €1,645 €1,614 -€31 -1.9%
Total equity and liabilities 10/49 €121,240 €127,867 +€6,626 +5.5%
Equity 10/15 €119,059 €125,432 +€6,373 +5.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €95,826 €102,199 +€6,373 +6.7%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Tax-exempt reserves 132 €92,077 €92,077 = 0.0%
Distributable reserves 133 €3,749 €10,122 +€6,373 +170.0%
Profit (loss) carried forward 14 €4,632 €4,632 = 0.0%
Amounts payable 17/49 €2,182 €2,435 +€253 +11.6%
Amounts payable within one year 42/48 €2,182 €2,435 +€253 +11.6%
Trade debts 44 €387 €387 = 0.0%
Suppliers 440/4 €387 €387 = 0.0%
Taxes, remuneration and social security 45 - €253 +€253
Taxes 450/3 - €253 +€253
Other amounts payable 47/48 €1,794 €1,794 = 0.0%
Non-recurring operating income 76A €92,077 €0 -€92,077 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €0 - =
Other operating charges 640/8 €387 €0 -€387 -100.0%
Gross operating margin 9900 €84,002 €16 -€83,986 -100.0%
Operating profit (loss) 9901 €83,614 €16 -€83,598 -100.0%
Financial income 75/76B €2,873 €6,661 +€3,788 +131.9%
Recurring financial income 75 €2,873 €6,661 +€3,788 +131.9%
Financial charges 65/66B €84 €50 -€34 -40.5%
Recurring financial charges 65 €84 €50 -€34 -40.5%
Profit (loss) for the period before taxes 9903 €86,403 €6,627 -€79,776 -92.3%
Income taxes 67/77 €0 €254 +€254
Profit (loss) for the period 9904 €86,403 €6,373 -€80,030 -92.6%
Transfer to tax-exempt reserves 689 €92,077 €0 -€92,077 -100.0%
Profit (loss) for the period to be appropriated 9905 -€5,674 €6,373 +€12,047

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 30 September 2026 via checked.be.