Cadim: 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.
Cadim
Largest movements
- Cash +€38,231
up €38,231 (+2221.7%), from €1,721 to €39,951
mainly Debts after one year (+€86,000) and Net result for the year (+€38,739)
- Receivables within one year +€11,892
up €11,892 (+5718.7%), from €208 to €12,100
of which Trade receivables: +€12,100
- Debts after one year +€86,000
new in 2025: €86,000
- Other debts -€78,933
down €78,933 (-97.6%), from €80,913 to €1,980
- Profit (loss) carried forward +€38,739
up €38,739 (+36.1%), from -€107,427 to -€68,687
- Tax, wage and social debts +€4,122
up €4,122 (+55.5%), from €7,423 to €11,545
- Gross operating margin +€47,993
up €47,993 (+914.6%), from €5,247 to €53,240
- Taxes +€13,128
up €13,128 (+1968.4%), from €667 to €13,795
- Other operating charges -€1,776
down €1,776 (-71.6%), from €2,481 to €704
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 | €2,429 | €52,051 | +€49,622 | +2042.6% |
| Fixed assets | 21/28 | €501 | - | -€501 | |
| Tangible fixed assets | 22/27 | €501 | - | -€501 | |
| Plant, machinery and equipment | 23 | €501 | - | -€501 | |
| Current assets | 29/58 | €1,929 | €52,051 | +€50,123 | +2598.7% |
| Amounts receivable within one year | 40/41 | €208 | €12,100 | +€11,892 | +5718.7% |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Other amounts receivable | 41 | €208 | - | -€208 | |
| Cash at bank and in hand | 54/58 | €1,721 | €39,951 | +€38,231 | +2221.7% |
| Total equity and liabilities | 10/49 | €2,429 | €52,051 | +€49,622 | +2042.6% |
| Equity | 10/15 | -€86,967 | -€48,227 | +€38,739 | +44.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,427 | -€68,687 | +€38,739 | +36.1% |
| Amounts payable | 17/49 | €89,396 | €100,279 | +€10,883 | +12.2% |
| Amounts payable after more than one year | 17 | - | €86,000 | +€86,000 | |
| Other amounts payable | 178/9 | - | €86,000 | +€86,000 | |
| Amounts payable within one year | 42/48 | €89,255 | €14,279 | -€74,977 | -84.0% |
| Trade debts | 44 | €920 | €754 | -€166 | -18.0% |
| Suppliers | 440/4 | €920 | €754 | -€166 | -18.0% |
| Taxes, remuneration and social security | 45 | €7,423 | €11,545 | +€4,122 | +55.5% |
| Taxes | 450/3 | €7,423 | €11,545 | +€4,122 | +55.5% |
| Other amounts payable | 47/48 | €80,913 | €1,980 | -€78,933 | -97.6% |
| Accrued charges and deferred income | 492/3 | €141 | - | -€141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | - | -€215 | |
| Other operating charges | 640/8 | €2,481 | €704 | -€1,776 | -71.6% |
| Gross operating margin | 9900 | €5,247 | €53,240 | +€47,993 | +914.6% |
| Operating profit (loss) | 9901 | €2,552 | €52,536 | +€49,984 | +1958.4% |
| Financial charges | 65/66B | €105 | €2 | -€103 | -98.3% |
| Recurring financial charges | 65 | €105 | €2 | -€103 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | €2,447 | €52,534 | +€50,087 | +2046.5% |
| Income taxes | 67/77 | €667 | €13,795 | +€13,128 | +1968.4% |
| Profit (loss) for the period | 9904 | €1,780 | €38,739 | +€36,959 | +2075.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,780 | €38,739 | +€36,959 | +2075.8% |
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 11 October 2026 via checked.be.