CADICS: 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
CADICS
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€7,726
2024 · -€16,538+€8,812
Equity
€199,787
2024 · €207,513-€7,726
Cash
€364,388
2024 · €398,106-€33,718
Balance sheet total
€1.8m
2024 · €1.6m+€220,991
Largest movements
Assets
- Tangible fixed assets +€246,915
up €246,915 (+22.6%), from €1.1m to €1.3m
of which Land and buildings: +€250,989
- Cash -€33,718
down €33,718 (-8.5%), from €398,106 to €364,388
mainly Investment in fixed assets (net) (-€319,907) and Trade debts (-€63,585)
Equity and liabilities
- Debts after one year +€224,762
up €224,762 (+402.6%), from €55,834 to €280,596
- Short-term financial debts +€66,400
up €66,400 (+6.0%), from €1.1m to €1.2m
- Trade debts -€63,585
down €63,585 (-80.5%), from €79,014 to €15,429
Income statement
- Gross operating margin +€32,442
up €32,442 (+27.4%), from €118,563 to €151,004
- Staff costs +€21,122
up €21,122 (+42.5%), from €49,718 to €70,839
- Financial charges +€3,046
up €3,046 (+52.6%), from €5,796 to €8,842
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.
Result 2024
-€16,538
Gross operating margin
+€32,442
Staff costs
-€21,122
Depreciation
-€891
Other operating charges
+€68
Financial income
+€1,382
Financial charges
-€3,046
Taxes
-€21
Result 2025
-€7,726
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.
From operations
-€9,277
Investment
-€319,907
Financing
+€295,466
Cash 2024
€398,106
From operations (derived)
-€9,277
Net result for the year
-€7,726
Depreciation
+€76,015
Smaller working-capital items
-€194
Receivables within one year
-€11,092
Provisions
-€1,939
Trade debts
-€63,585
Tax, wage and social debts
+€1,979
Accrued charges and deferred income
-€2,735
Investment (derived)
-€319,907
Investment in fixed assets (net)
-€319,907
Financing
+€295,466
Debts after one year
+€224,762
Current portion of long-term debt
+€4,304
Short-term financial debts
+€66,400
Cash 2025
€364,388
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,575,234 | €1,796,225 | +€220,991 | +14.0% |
| Fixed assets | 21/28 | €1,095,009 | €1,338,902 | +€243,893 | +22.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,091,987 | €1,338,902 | +€246,915 | +22.6% |
| Land and buildings | 22 | €1,081,315 | €1,332,304 | +€250,989 | +23.2% |
| Plant, machinery and equipment | 23 | €530 | €87 | -€443 | -83.5% |
| Furniture and vehicles | 24 | €10,142 | €6,510 | -€3,632 | -35.8% |
| Financial fixed assets | 28 | €3,022 | €0 | -€3,022 | -100.0% |
| Current assets | 29/58 | €480,225 | €457,323 | -€22,902 | -4.8% |
| Stocks and contracts in progress | 3 | €34,211 | €33,778 | -€433 | -1.3% |
| Stocks | 30/36 | €34,211 | €33,778 | -€433 | -1.3% |
| Amounts receivable within one year | 40/41 | €46,586 | €57,677 | +€11,092 | +23.8% |
| Trade receivables | 40 | €45,633 | €14,431 | -€31,203 | -68.4% |
| Other amounts receivable | 41 | €953 | €43,247 | +€42,294 | +4439.6% |
| Cash at bank and in hand | 54/58 | €398,106 | €364,388 | -€33,718 | -8.5% |
| Deferred charges and accrued income | 490/1 | €1,323 | €1,480 | +€158 | +11.9% |
| Total equity and liabilities | 10/49 | €1,575,234 | €1,796,225 | +€220,991 | +14.0% |
| Equity | 10/15 | €207,513 | €199,787 | -€7,726 | -3.7% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €169,978 | €164,161 | -€5,817 | -3.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €157,223 | €151,406 | -€5,817 | -3.7% |
| Distributable reserves | 133 | €12,755 | €12,755 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,065 | -€82,974 | -€1,909 | -2.4% |
| Provisions and deferred taxes | 16 | €52,408 | €50,469 | -€1,939 | -3.7% |
| Deferred taxes | 168 | €52,408 | €50,469 | -€1,939 | -3.7% |
| Amounts payable | 17/49 | €1,315,313 | €1,545,969 | +€230,655 | +17.5% |
| Amounts payable after more than one year | 17 | €55,834 | €280,596 | +€224,762 | +402.6% |
| Financial debts | 170/4 | €55,834 | €280,596 | +€224,762 | +402.6% |
| Amounts payable within one year | 42/48 | €1,256,672 | €1,265,300 | +€8,629 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €18,793 | €23,098 | +€4,304 | +22.9% |
| Financial debts | 43 | €1,101,908 | €1,168,308 | +€66,400 | +6.0% |
| Other loans | 439 | €1,101,908 | €1,168,308 | +€66,400 | +6.0% |
| Trade debts | 44 | €79,014 | €15,429 | -€63,585 | -80.5% |
| Suppliers | 440/4 | €79,014 | €15,429 | -€63,585 | -80.5% |
| Taxes, remuneration and social security | 45 | €4,936 | €6,915 | +€1,979 | +40.1% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €4,936 | €6,915 | +€1,979 | +40.1% |
| Other amounts payable | 47/48 | €52,020 | €51,551 | -€469 | -0.9% |
| Accrued charges and deferred income | 492/3 | €2,808 | €73 | -€2,735 | -97.4% |
| Remuneration, social security and pensions | 62 | €49,718 | €70,839 | +€21,122 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,124 | €76,015 | +€891 | +1.2% |
| Other operating charges | 640/8 | €6,772 | €6,704 | -€68 | -1.0% |
| Gross operating margin | 9900 | €118,563 | €151,004 | +€32,442 | +27.4% |
| Operating profit (loss) | 9901 | -€13,051 | -€2,553 | +€10,498 | +80.4% |
| Financial income | 75/76B | €466 | €1,848 | +€1,382 | +296.4% |
| Recurring financial income | 75 | €466 | €1,848 | +€1,382 | +296.4% |
| Financial charges | 65/66B | €5,796 | €8,842 | +€3,046 | +52.6% |
| Recurring financial charges | 65 | €5,796 | €8,842 | +€3,046 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,381 | -€9,548 | +€8,833 | +48.1% |
| Transfer from deferred taxes | 780 | €1,939 | €1,939 | +€0 | 0.0% |
| Income taxes | 67/77 | €95 | €117 | +€21 | +22.4% |
| Profit (loss) for the period | 9904 | -€16,538 | -€7,726 | +€8,812 | +53.3% |
| Transfer from tax-exempt reserves | 789 | €5,817 | €5,817 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,721 | -€1,909 | +€8,812 | +82.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.