CADICLES: 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.
CADICLES
Largest movements
- Cash +€82,258
up €82,258 (+139.5%), from €58,984 to €141,242
mainly Net result for the year (+€173,828) and Other debts (+€106,647)
- Current investments +€29,000
up €29,000 (+25.2%), from €115,250 to €144,250
- Receivables within one year +€27,938
up €27,938 (+104.2%), from €26,814 to €54,752
- Tangible fixed assets -€13,290
down €13,290 (-34.1%), from €38,964 to €25,674
of which Furniture and vehicles: -€13,430
- Other debts +€106,647
up €106,647 (+253.8%), from €42,012 to €148,659
- Tax, wage and social debts +€17,074
up €17,074 (+31.6%), from €54,070 to €71,144
- Gross operating margin +€51,289
up €51,289 (+26.9%), from €190,689 to €241,978
- Taxes +€18,865
up €18,865 (+54.1%), from €34,866 to €53,731
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 | €240,696 | €366,853 | +€126,157 | +52.4% |
| Fixed assets | 21/28 | €38,964 | €25,674 | -€13,290 | -34.1% |
| Tangible fixed assets | 22/27 | €38,964 | €25,674 | -€13,290 | -34.1% |
| Plant, machinery and equipment | 23 | €314 | €819 | +€505 | +160.8% |
| Furniture and vehicles | 24 | €36,757 | €23,327 | -€13,430 | -36.5% |
| Other tangible fixed assets | 26 | €1,893 | €1,528 | -€365 | -19.3% |
| Current assets | 29/58 | €201,732 | €341,179 | +€139,447 | +69.1% |
| Amounts receivable within one year | 40/41 | €26,814 | €54,752 | +€27,938 | +104.2% |
| Trade receivables | 40 | €26,814 | €54,752 | +€27,938 | +104.2% |
| Current investments | 50/53 | €115,250 | €144,250 | +€29,000 | +25.2% |
| Cash at bank and in hand | 54/58 | €58,984 | €141,242 | +€82,258 | +139.5% |
| Deferred charges and accrued income | 490/1 | €684 | €935 | +€251 | +36.7% |
| Total equity and liabilities | 10/49 | €240,696 | €366,853 | +€126,157 | +52.4% |
| Equity | 10/15 | €143,099 | €143,099 | = | 0.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €135,599 | €135,599 | = | 0.0% |
| Distributable reserves | 133 | €135,599 | €135,599 | = | 0.0% |
| Amounts payable | 17/49 | €97,597 | €223,754 | +€126,157 | +129.3% |
| Amounts payable within one year | 42/48 | €97,597 | €223,754 | +€126,157 | +129.3% |
| Trade debts | 44 | €1,515 | €3,951 | +€2,436 | +160.8% |
| Suppliers | 440/4 | €1,515 | €3,951 | +€2,436 | +160.8% |
| Taxes, remuneration and social security | 45 | €54,070 | €71,144 | +€17,074 | +31.6% |
| Taxes | 450/3 | €54,070 | €71,144 | +€17,074 | +31.6% |
| Other amounts payable | 47/48 | €42,012 | €148,659 | +€106,647 | +253.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,120 | €14,009 | -€111 | -0.8% |
| Other operating charges | 640/8 | €465 | €755 | +€290 | +62.4% |
| Gross operating margin | 9900 | €190,689 | €241,978 | +€51,289 | +26.9% |
| Operating profit (loss) | 9901 | €176,104 | €227,214 | +€51,110 | +29.0% |
| Financial income | 75/76B | €95 | €429 | +€334 | +351.6% |
| Recurring financial income | 75 | €95 | €429 | +€334 | +351.6% |
| Financial charges | 65/66B | €69 | €84 | +€15 | +21.7% |
| Recurring financial charges | 65 | €69 | €84 | +€15 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €176,130 | €227,559 | +€51,429 | +29.2% |
| Income taxes | 67/77 | €34,866 | €53,731 | +€18,865 | +54.1% |
| Profit (loss) for the period | 9904 | €141,264 | €173,828 | +€32,564 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €141,264 | €173,828 | +€32,564 | +23.1% |
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 10 October 2026 via checked.be.