Cadmes Systems: what changed
What changed
Cadmes Systems
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€191,334
2024 · €174,336+€16,999
Equity
€356,556
2024 · €165,222+€191,334
Cash
-
not filed
Balance sheet total
€5.5m
2024 · €5.1m+€456,030
Largest movements
Assets
- Receivables within one year +€277,930
up €277,930 (+10.4%), from €2.7m to €3.0m
of which Trade receivables: +€189,901
- Deferred charges and accrued income +€123,861
up €123,861 (+5.7%), from €2.2m to €2.3m
- Stocks and contracts +€88,285
up €88,285 (+156%), from €56,739 to €145,024
Equity and liabilities
- Advances received +€241,843
up €241,843 (+6.4%), from €3.7m to €4.0m
- Profit (loss) carried forward +€191,334
up €191,334, from -€58,515 to €132,819
- Trade debts -€102,612
down €102,612 (-14.1%), from €729,084 to €626,472
- Tax, wage and social debts +€75,218
up €75,218 (+18.7%), from €402,136 to €477,355
of which Taxes: +€42,031
Income statement
- Gross operating margin +€132,734
up €132,734 (+7.5%), from €1.8m to €1.9m
- Staff costs +€121,851
up €121,851 (+8.2%), from €1.5m to €1.6m
- Write-downs -€51,120
down €51,120, from €48,582 to -€2,538
- Taxes +€31,910
up €31,910 (+63.0%), from €50,646 to €82,556
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€174,336
Gross operating margin
+€132,734
Staff costs
-€121,851
Depreciation
-€602
Write-downs
+€51,120
Other operating charges
+€1,093
Other operating items
+€504
Financial income
-€2,299
Financial charges
-€11,790
Taxes
-€31,910
Result 2025
€191,334
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,082,203 | €5,538,233 | +€456,030 | +9.0% |
| Fixed assets | 21/28 | €174,124 | €140,078 | -€34,046 | -19.6% |
| Intangible fixed assets | 21 | €132,223 | €110,000 | -€22,223 | -16.8% |
| Tangible fixed assets | 22/27 | €41,901 | €30,078 | -€11,824 | -28.2% |
| Furniture and vehicles | 24 | €29,445 | €20,805 | -€8,639 | -29.3% |
| Other tangible fixed assets | 26 | €12,457 | €9,273 | -€3,184 | -25.6% |
| Current assets | 29/58 | €4,908,079 | €5,398,155 | +€490,076 | +10.0% |
| Stocks and contracts in progress | 3 | €56,739 | €145,024 | +€88,285 | +156% |
| Stocks | 30/36 | €56,739 | €145,024 | +€88,285 | +156% |
| Amounts receivable within one year | 40/41 | €2,674,307 | €2,952,237 | +€277,930 | +10.4% |
| Trade receivables | 40 | €1,093,964 | €1,283,865 | +€189,901 | +17.4% |
| Other amounts receivable | 41 | €1,580,343 | €1,668,372 | +€88,029 | +5.6% |
| Deferred charges and accrued income | 490/1 | €2,177,033 | €2,300,894 | +€123,861 | +5.7% |
| Total equity and liabilities | 10/49 | €5,082,203 | €5,538,233 | +€456,030 | +9.0% |
| Equity | 10/15 | €165,222 | €356,556 | +€191,334 | +116% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Reserves | 13 | €5,137 | €5,137 | = | 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% |
| Distributable reserves | 133 | €3,277 | €3,277 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,515 | €132,819 | +€191,334 | |
| Provisions and deferred taxes | 16 | €5,600 | €5,900 | +€300 | +5.4% |
| Provisions for liabilities and charges | 160/5 | €5,600 | €5,900 | +€300 | +5.4% |
| Other liabilities and charges | 164/5 | €5,600 | €5,900 | +€300 | +5.4% |
| Amounts payable | 17/49 | €4,911,381 | €5,175,777 | +€264,396 | +5.4% |
| Amounts payable within one year | 42/48 | €4,881,031 | €5,095,480 | +€214,449 | +4.4% |
| Trade debts | 44 | €729,084 | €626,472 | -€102,612 | -14.1% |
| Suppliers | 440/4 | €729,084 | €626,472 | -€102,612 | -14.1% |
| Advances received on contracts in progress | 46 | €3,749,811 | €3,991,654 | +€241,843 | +6.4% |
| Taxes, remuneration and social security | 45 | €402,136 | €477,355 | +€75,218 | +18.7% |
| Taxes | 450/3 | €169,458 | €211,488 | +€42,031 | +24.8% |
| Remuneration and social security | 454/9 | €232,679 | €265,866 | +€33,188 | +14.3% |
| Accrued charges and deferred income | 492/3 | €30,350 | €80,297 | +€49,947 | +165% |
| Remuneration, social security and pensions | 62 | €1,494,253 | €1,616,104 | +€121,851 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,535 | €35,137 | +€602 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €48,582 | -€2,538 | -€51,120 | |
| Other operating charges | 640/8 | €3,529 | €2,436 | -€1,093 | -31.0% |
| Non-recurring operating charges | 66A | €504 | - | -€504 | |
| Gross operating margin | 9900 | €1,779,587 | €1,912,321 | +€132,734 | +7.5% |
| Operating profit (loss) | 9901 | €198,184 | €261,182 | +€62,998 | +31.8% |
| Financial income | 75/76B | €36,122 | €33,823 | -€2,299 | -6.4% |
| Recurring financial income | 75 | €36,122 | €33,823 | -€2,299 | -6.4% |
| Financial charges | 65/66B | €9,324 | €21,114 | +€11,790 | +126% |
| Recurring financial charges | 65 | €9,324 | €21,114 | +€11,790 | +126% |
| Profit (loss) for the period before taxes | 9903 | €224,982 | €273,890 | +€48,908 | +21.7% |
| Income taxes | 67/77 | €50,646 | €82,556 | +€31,910 | +63.0% |
| Profit (loss) for the period | 9904 | €174,336 | €191,334 | +€16,999 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €174,336 | €191,334 | +€16,999 | +9.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.