CADIEL: 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.
CADIEL
Largest movements
- Tangible fixed assets -€13,239
down €13,239 (-77.8%), from €17,026 to €3,787
of which Furniture and vehicles: -€11,581
- Receivables within one year -€7,378
no longer reported in 2025 (was €7,378)
- Cash +€1,472
up €1,472 (+128%), from €1,150 to €2,622
mainly Depreciation (+€13,858) and Receivables within one year (+€7,378)
- Profit (loss) carried forward -€15,083
down €15,083 (-80.7%), from €18,694 to €3,612
- Other debts -€2,239
down €2,239 (-94.9%), from €2,359 to €120
- Tax, wage and social debts -€1,302
down €1,302 (-82.4%), from €1,580 to €278
- Trade debts -€520
down €520 (-56.6%), from €920 to €400
- Gross operating margin -€33,414
down €33,414, from €32,307 to -€1,107
- Depreciation +€677
up €677 (+5.1%), from €13,182 to €13,858
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 | €25,554 | €6,410 | -€19,144 | -74.9% |
| Fixed assets | 21/28 | €17,026 | €3,787 | -€13,239 | -77.8% |
| Tangible fixed assets | 22/27 | €17,026 | €3,787 | -€13,239 | -77.8% |
| Plant, machinery and equipment | 23 | €3,629 | €2,494 | -€1,135 | -31.3% |
| Furniture and vehicles | 24 | €11,581 | - | -€11,581 | |
| Other tangible fixed assets | 26 | €1,816 | €1,293 | -€523 | -28.8% |
| Current assets | 29/58 | €8,528 | €2,622 | -€5,906 | -69.3% |
| Amounts receivable within one year | 40/41 | €7,378 | - | -€7,378 | |
| Trade receivables | 40 | €7,378 | - | -€7,378 | |
| Cash at bank and in hand | 54/58 | €1,150 | €2,622 | +€1,472 | +128% |
| Total equity and liabilities | 10/49 | €25,554 | €6,410 | -€19,144 | -74.9% |
| Equity | 10/15 | €20,694 | €5,612 | -€15,083 | -72.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,694 | €3,612 | -€15,083 | -80.7% |
| Amounts payable | 17/49 | €4,860 | €798 | -€4,062 | -83.6% |
| Amounts payable within one year | 42/48 | €4,860 | €798 | -€4,062 | -83.6% |
| Trade debts | 44 | €920 | €400 | -€520 | -56.6% |
| Suppliers | 440/4 | €920 | €400 | -€520 | -56.6% |
| Taxes, remuneration and social security | 45 | €1,580 | €278 | -€1,302 | -82.4% |
| Taxes | 450/3 | €1,580 | €278 | -€1,302 | -82.4% |
| Other amounts payable | 47/48 | €2,359 | €120 | -€2,239 | -94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,182 | €13,858 | +€677 | +5.1% |
| Other operating charges | 640/8 | €30 | €30 | = | 0.0% |
| Gross operating margin | 9900 | €32,307 | -€1,107 | -€33,414 | |
| Operating profit (loss) | 9901 | €19,095 | -€14,996 | -€34,091 | |
| Financial charges | 65/66B | €401 | €87 | -€314 | -78.2% |
| Recurring financial charges | 65 | €401 | €87 | -€314 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | €18,694 | -€15,083 | -€33,777 | |
| Profit (loss) for the period | 9904 | €18,694 | -€15,083 | -€33,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,694 | -€15,083 | -€33,777 |
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 14 October 2026 via checked.be.