CADILLAC: 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
CADILLAC
NACE 82.100, Office administrative and support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€172,164
2024 · €200,900-€28,736
Equity
€914,203
2024 · €742,039+€172,164
Cash
€789,617
2024 · €667,054+€122,563
Balance sheet total
€1.6m
2024 · €1.5m+€57,549
Largest movements
Assets
- Cash +€122,563
up €122,563 (+18.4%), from €667,054 to €789,617
mainly Net result for the year (+€172,164) and Depreciation (+€55,651)
- Tangible fixed assets -€43,293
down €43,293 (-7.3%), from €595,455 to €552,162
of which Land and buildings: -€32,016
Equity and liabilities
- Profit (loss) carried forward +€172,164
up €172,164 (+436.4%), from €39,447 to €211,611
- Debts after one year -€73,805
down €73,805 (-17.7%), from €417,203 to €343,398
- Tax, wage and social debts -€40,256
down €40,256 (-21.7%), from €185,816 to €145,560
of which Taxes: -€47,779
- Short-term financial debts +€17,684
up €17,684 (+206.3%), from €8,570 to €26,254
Income statement
- Staff costs +€59,510
up €59,510 (+9.9%), from €602,984 to €662,493
- Taxes -€26,019
down €26,019 (-26.0%), from €100,160 to €74,142
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
€200,900
Gross operating margin
+€4,153
Staff costs
-€59,510
Depreciation
+€2,431
Other operating charges
-€810
Other operating items
+€871
Financial income
+€1,292
Financial charges
-€3,182
Taxes
+€26,019
Result 2025
€172,164
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
+€193,530
Investment
-€11,210
Financing
-€59,758
Cash 2024
€667,054
From operations (derived)
+€193,530
Net result for the year
+€172,164
Depreciation
+€55,651
Receivables after one year
+€5,149
Receivables within one year
+€10,340
Deferred charges and accrued income
+€5,083
Trade debts
-€15,051
Tax, wage and social debts
-€40,256
Accrued charges and deferred income
+€450
Investment (derived)
-€11,210
Investment in fixed assets (net)
-€11,210
Financing
-€59,758
Debts after one year
-€73,805
Current portion of long-term debt
-€3,638
Short-term financial debts
+€17,684
Cash 2025
€789,617
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,523,395 | €1,580,944 | +€57,549 | +3.8% |
| Fixed assets | 21/28 | €599,237 | €554,795 | -€44,442 | -7.4% |
| Intangible fixed assets | 21 | €3,109 | €1,960 | -€1,149 | -36.9% |
| Tangible fixed assets | 22/27 | €595,455 | €552,162 | -€43,293 | -7.3% |
| Land and buildings | 22 | €539,277 | €507,261 | -€32,016 | -5.9% |
| Furniture and vehicles | 24 | €20,217 | €13,017 | -€7,200 | -35.6% |
| Other tangible fixed assets | 26 | €35,962 | €31,885 | -€4,077 | -11.3% |
| Financial fixed assets | 28 | €672 | €672 | = | 0.0% |
| Current assets | 29/58 | €924,158 | €1,026,149 | +€101,991 | +11.0% |
| Amounts receivable after more than one year | 29 | €25,229 | €20,081 | -€5,149 | -20.4% |
| Trade receivables | 290 | €25,229 | €20,081 | -€5,149 | -20.4% |
| Amounts receivable within one year | 40/41 | €214,473 | €204,133 | -€10,340 | -4.8% |
| Trade receivables | 40 | €206,753 | €171,575 | -€35,179 | -17.0% |
| Other amounts receivable | 41 | €7,720 | €32,559 | +€24,839 | +321.7% |
| Cash at bank and in hand | 54/58 | €667,054 | €789,617 | +€122,563 | +18.4% |
| Deferred charges and accrued income | 490/1 | €17,401 | €12,318 | -€5,083 | -29.2% |
| Total equity and liabilities | 10/49 | €1,523,395 | €1,580,944 | +€57,549 | +3.8% |
| Equity | 10/15 | €742,039 | €914,203 | +€172,164 | +23.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €640,592 | €640,592 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €72,002 | €72,002 | = | 0.0% |
| Distributable reserves | 133 | €565,492 | €565,492 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,447 | €211,611 | +€172,164 | +436.4% |
| Provisions and deferred taxes | 16 | €45,892 | €45,892 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €45,892 | €45,892 | = | 0.0% |
| Pensions and similar obligations | 160 | €45,892 | €45,892 | = | 0.0% |
| Amounts payable | 17/49 | €735,464 | €620,849 | -€114,615 | -15.6% |
| Amounts payable after more than one year | 17 | €417,203 | €343,398 | -€73,805 | -17.7% |
| Financial debts | 170/4 | €417,203 | €343,398 | -€73,805 | -17.7% |
| Amounts payable within one year | 42/48 | €318,261 | €277,001 | -€41,260 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €81,059 | €77,421 | -€3,638 | -4.5% |
| Financial debts | 43 | €8,570 | €26,254 | +€17,684 | +206.3% |
| Credit institutions | 430/8 | €8,570 | €26,254 | +€17,684 | +206.3% |
| Trade debts | 44 | €42,816 | €27,765 | -€15,051 | -35.2% |
| Suppliers | 440/4 | €42,816 | €27,765 | -€15,051 | -35.2% |
| Taxes, remuneration and social security | 45 | €185,816 | €145,560 | -€40,256 | -21.7% |
| Taxes | 450/3 | €109,564 | €61,786 | -€47,779 | -43.6% |
| Remuneration and social security | 454/9 | €76,252 | €83,775 | +€7,523 | +9.9% |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Remuneration, social security and pensions | 62 | €602,984 | €662,493 | +€59,510 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,082 | €55,651 | -€2,431 | -4.2% |
| Other operating charges | 640/8 | €17,355 | €18,164 | +€810 | +4.7% |
| Non-recurring operating charges | 66A | €871 | - | -€871 | |
| Gross operating margin | 9900 | €998,896 | €1,003,048 | +€4,153 | +0.4% |
| Operating profit (loss) | 9901 | €319,604 | €266,739 | -€52,865 | -16.5% |
| Financial income | 75/76B | €339 | €1,631 | +€1,292 | +381.3% |
| Recurring financial income | 75 | €339 | €1,631 | +€1,292 | +381.3% |
| Financial charges | 65/66B | €18,883 | €22,064 | +€3,182 | +16.9% |
| Recurring financial charges | 65 | €18,883 | €22,064 | +€3,182 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €301,060 | €246,306 | -€54,755 | -18.2% |
| Income taxes | 67/77 | €100,160 | €74,142 | -€26,019 | -26.0% |
| Profit (loss) for the period | 9904 | €200,900 | €172,164 | -€28,736 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €200,900 | €172,164 | -€28,736 | -14.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.