CADIAT: 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.
CADIAT
Largest movements
- Cash -€14,391
down €14,391 (-40.3%), from €35,721 to €21,330
mainly Net result for the year (-€12,974) and Tax, wage and social debts (-€7,095)
- Stocks and contracts -€2,678
down €2,678 (-15.9%), from €16,868 to €14,190
- Tangible fixed assets +€2,024
up €2,024 (+15.0%), from €13,510 to €15,534
of which Other tangible fixed assets: +€1,881
- Profit (loss) carried forward -€12,974
down €12,974, from €8,891 to -€4,083
- Tax, wage and social debts -€7,095
down €7,095 (-24.3%), from €29,146 to €22,051
of which Remuneration and social security: -€5,679
- Other debts +€4,142
up €4,142 (+104%), from €3,985 to €8,126
- Staff costs +€11,654
up €11,654 (+8.1%), from €143,315 to €154,969
- Gross operating margin +€7,389
up €7,389 (+5.3%), from €138,743 to €146,132
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.
Derived cash bridge
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 | €74,608 | €58,603 | -€16,005 | -21.5% |
| Fixed assets | 21/28 | €13,657 | €15,534 | +€1,877 | +13.7% |
| Tangible fixed assets | 22/27 | €13,510 | €15,534 | +€2,024 | +15.0% |
| Furniture and vehicles | 24 | €4,973 | €5,117 | +€144 | +2.9% |
| Other tangible fixed assets | 26 | €8,536 | €10,417 | +€1,881 | +22.0% |
| Financial fixed assets | 28 | €147 | - | -€147 | |
| Current assets | 29/58 | €60,951 | €43,069 | -€17,882 | -29.3% |
| Stocks and contracts in progress | 3 | €16,868 | €14,190 | -€2,678 | -15.9% |
| Stocks | 30/36 | €16,868 | €14,190 | -€2,678 | -15.9% |
| Amounts receivable within one year | 40/41 | €7,474 | €6,831 | -€643 | -8.6% |
| Trade receivables | 40 | €7,460 | €6,079 | -€1,381 | -18.5% |
| Other amounts receivable | 41 | €14 | €752 | +€739 | +5,387% |
| Cash at bank and in hand | 54/58 | €35,721 | €21,330 | -€14,391 | -40.3% |
| Deferred charges and accrued income | 490/1 | €888 | €718 | -€170 | -19.1% |
| Total equity and liabilities | 10/49 | €74,608 | €58,603 | -€16,005 | -21.5% |
| Equity | 10/15 | €30,306 | €17,333 | -€12,974 | -42.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,416 | €1,416 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,416 | €1,416 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,416 | €1,416 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,891 | -€4,083 | -€12,974 | |
| Amounts payable | 17/49 | €44,302 | €41,271 | -€3,031 | -6.8% |
| Amounts payable within one year | 42/48 | €43,551 | €41,131 | -€2,421 | -5.6% |
| Financial debts | 43 | - | €68 | +€68 | |
| Credit institutions | 430/8 | - | €68 | +€68 | |
| Trade debts | 44 | €10,421 | €10,886 | +€465 | +4.5% |
| Suppliers | 440/4 | €10,421 | €10,886 | +€465 | +4.5% |
| Taxes, remuneration and social security | 45 | €29,146 | €22,051 | -€7,095 | -24.3% |
| Taxes | 450/3 | €7,337 | €5,922 | -€1,415 | -19.3% |
| Remuneration and social security | 454/9 | €21,808 | €16,129 | -€5,679 | -26.0% |
| Other amounts payable | 47/48 | €3,985 | €8,126 | +€4,142 | +104% |
| Accrued charges and deferred income | 492/3 | €750 | €140 | -€610 | -81.4% |
| Remuneration, social security and pensions | 62 | €143,315 | €154,969 | +€11,654 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,351 | €2,976 | -€376 | -11.2% |
| Other operating charges | 640/8 | €794 | €797 | +€2 | +0.3% |
| Gross operating margin | 9900 | €138,743 | €146,132 | +€7,389 | +5.3% |
| Operating profit (loss) | 9901 | -€8,718 | -€12,609 | -€3,892 | -44.6% |
| Financial income | 75/76B | €456 | €248 | -€208 | -45.7% |
| Recurring financial income | 75 | €456 | €248 | -€208 | -45.7% |
| Financial charges | 65/66B | €337 | €526 | +€190 | +56.3% |
| Recurring financial charges | 65 | €337 | €526 | +€190 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,599 | -€12,888 | -€4,289 | -49.9% |
| Income taxes | 67/77 | €222 | €86 | -€137 | -61.5% |
| Profit (loss) for the period | 9904 | -€8,821 | -€12,974 | -€4,153 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,821 | -€12,974 | -€4,153 | -47.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.