Cadimar: 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.
Cadimar
Largest movements
- Cash -€18,655
down €18,655 (-69.9%), from €26,700 to €8,045
mainly Net result for the year (-€20,436) and Tax, wage and social debts (-€725)
- Receivables within one year -€2,394
down €2,394 (-44.5%), from €5,382 to €2,988
- Reserves -€20,436
down €20,436 (-71.2%), from €28,693 to €8,257
- Tax, wage and social debts -€725
down €725 (-83.7%), from €866 to €141
- Gross operating margin -€876
down €876 (-4.9%), from -€18,034 to -€18,910
- Depreciation -€305
down €305 (-62.4%), from €489 to €184
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 | €33,473 | €12,288 | -€21,185 | -63.3% |
| Fixed assets | 21/28 | €611 | €427 | -€184 | -30.1% |
| Tangible fixed assets | 22/27 | €611 | €427 | -€184 | -30.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €611 | €427 | -€184 | -30.1% |
| Current assets | 29/58 | €32,862 | €11,861 | -€21,002 | -63.9% |
| Amounts receivable within one year | 40/41 | €5,382 | €2,988 | -€2,394 | -44.5% |
| Other amounts receivable | 41 | €5,382 | €2,988 | -€2,394 | -44.5% |
| Cash at bank and in hand | 54/58 | €26,700 | €8,045 | -€18,655 | -69.9% |
| Deferred charges and accrued income | 490/1 | €780 | €827 | +€47 | +6.0% |
| Total equity and liabilities | 10/49 | €33,473 | €12,288 | -€21,185 | -63.3% |
| Equity | 10/15 | €31,193 | €10,757 | -€20,436 | -65.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €28,693 | €8,257 | -€20,436 | -71.2% |
| Distributable reserves | 133 | €28,693 | €8,257 | -€20,436 | -71.2% |
| Amounts payable | 17/49 | €2,280 | €1,531 | -€749 | -32.9% |
| Amounts payable within one year | 42/48 | €2,280 | €1,531 | -€749 | -32.9% |
| Financial debts | 43 | €31 | €37 | +€6 | +20.4% |
| Credit institutions | 430/8 | €31 | €37 | +€6 | +20.4% |
| Trade debts | 44 | €1,383 | €1,353 | -€30 | -2.2% |
| Suppliers | 440/4 | €1,383 | €1,353 | -€30 | -2.2% |
| Taxes, remuneration and social security | 45 | €866 | €141 | -€725 | -83.7% |
| Taxes | 450/3 | €866 | €141 | -€725 | -83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €489 | €184 | -€305 | -62.4% |
| Other operating charges | 640/8 | €857 | €918 | +€61 | +7.1% |
| Gross operating margin | 9900 | -€18,034 | -€18,910 | -€876 | -4.9% |
| Operating profit (loss) | 9901 | -€19,380 | -€20,012 | -€631 | -3.3% |
| Financial income | 75/76B | €88 | €126 | +€38 | +43.0% |
| Recurring financial income | 75 | €88 | €126 | +€38 | +43.0% |
| Financial charges | 65/66B | €557 | €409 | -€148 | -26.5% |
| Recurring financial charges | 65 | €557 | €409 | -€148 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,849 | -€20,295 | -€446 | -2.2% |
| Income taxes | 67/77 | €129 | €141 | +€12 | +9.6% |
| Profit (loss) for the period | 9904 | -€19,978 | -€20,436 | -€458 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,978 | -€20,436 | -€458 | -2.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.