Cadix B6: 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.
Cadix B6
Largest movements
- Tangible fixed assets +€4.5m
up €4.5m (+42.8%), from €10.6m to €15.1m
of which Assets under construction and advance payments: +€4.5m
- Debts after one year +€4.4m
up €4.4m (+48.8%), from €9.0m to €13.4m
- Other debts +€586,163
up €586,163 (+60.5%), from €968,640 to €1.6m
- Trade debts -€568,869
down €568,869 (-85.6%), from €664,927 to €96,058
- Financial income -€1,792
no longer reported in 2025 (was €1,792)
- Gross operating margin -€1,490
down €1,490 (-116%), from -€1,287 to -€2,777
- Other operating charges +€1,079
up €1,079 (+80.7%), from €1,336 to €2,415
- Financial charges -€142
down €142 (-26.7%), from €532 to €390
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 | €10,700,432 | €15,124,353 | +€4.4m | +41.3% |
| Fixed assets | 21/28 | €10,551,398 | €15,065,576 | +€4.5m | +42.8% |
| Tangible fixed assets | 22/27 | €10,551,398 | €15,065,576 | +€4.5m | +42.8% |
| Land and buildings | 22 | €2,475,588 | €2,475,588 | = | 0.0% |
| Assets under construction and advance payments | 27 | €8,075,810 | €12,589,989 | +€4.5m | +55.9% |
| Current assets | 29/58 | €149,034 | €58,776 | -€90,258 | -60.6% |
| Amounts receivable within one year | 40/41 | €9,511 | €6,696 | -€2,815 | -29.6% |
| Other amounts receivable | 41 | €9,511 | €6,696 | -€2,815 | -29.6% |
| Cash at bank and in hand | 54/58 | €139,523 | €52,081 | -€87,443 | -62.7% |
| Total equity and liabilities | 10/49 | €10,700,432 | €15,124,353 | +€4.4m | +41.3% |
| Equity | 10/15 | €30,024 | €24,442 | -€5,582 | -18.6% |
| 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% |
| Profit (loss) carried forward | 14 | -€31,976 | -€37,558 | -€5,582 | -17.5% |
| Amounts payable | 17/49 | €10,670,408 | €15,099,911 | +€4.4m | +41.5% |
| Amounts payable after more than one year | 17 | €9,036,842 | €13,449,050 | +€4.4m | +48.8% |
| Financial debts | 170/4 | €9,036,842 | €13,449,050 | +€4.4m | +48.8% |
| Amounts payable within one year | 42/48 | €1,633,567 | €1,650,861 | +€17,294 | +1.1% |
| Trade debts | 44 | €664,927 | €96,058 | -€568,869 | -85.6% |
| Suppliers | 440/4 | €664,927 | €96,058 | -€568,869 | -85.6% |
| Other amounts payable | 47/48 | €968,640 | €1,554,803 | +€586,163 | +60.5% |
| Other operating charges | 640/8 | €1,336 | €2,415 | +€1,079 | +80.7% |
| Gross operating margin | 9900 | -€1,287 | -€2,777 | -€1,490 | -116% |
| Operating profit (loss) | 9901 | -€2,623 | -€5,191 | -€2,568 | -97.9% |
| Financial income | 75/76B | €1,792 | - | -€1,792 | |
| Recurring financial income | 75 | €1,792 | - | -€1,792 | |
| Financial charges | 65/66B | €532 | €390 | -€142 | -26.7% |
| Recurring financial charges | 65 | €532 | €390 | -€142 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,364 | -€5,582 | -€4,218 | -309% |
| Profit (loss) for the period | 9904 | -€1,364 | -€5,582 | -€4,218 | -309% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,364 | -€5,582 | -€4,218 | -309% |
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 16 October 2026 via checked.be.