Cadmium: 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.
Cadmium
Largest movements
- Tangible fixed assets -€12,224
down €12,224 (-14.2%), from €86,306 to €74,082
of which Land and buildings: -€10,500
- Cash +€5,697
up €5,697 (+93.5%), from €6,092 to €11,789
mainly Depreciation (+€12,224) and Net result for the year (+€5,465)
- Receivables within one year -€5,306
down €5,306 (-4.0%), from €134,136 to €128,829
of which Trade receivables: -€6,174
- Tax, wage and social debts -€13,459
down €13,459 (-26.6%), from €50,637 to €37,178
- Profit (loss) carried forward +€5,465
up €5,465 (+5.4%), from €101,326 to €106,791
- Trade debts -€5,269
down €5,269 (-37.2%), from €14,145 to €8,876
- Gross operating margin -€59,480
down €59,480 (-92.5%), from €64,271 to €4,791
- Taxes -€30,949
down €30,949, from €17,500 to -€13,449
- Financial charges -€1,876
down €1,876 (-92.9%), from €2,021 to €144
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 | €227,333 | €214,700 | -€12,634 | -5.6% |
| Fixed assets | 21/28 | €86,306 | €74,082 | -€12,224 | -14.2% |
| Tangible fixed assets | 22/27 | €86,306 | €74,082 | -€12,224 | -14.2% |
| Land and buildings | 22 | €83,951 | €73,451 | -€10,500 | -12.5% |
| Plant, machinery and equipment | 23 | €1,522 | €631 | -€891 | -58.6% |
| Furniture and vehicles | 24 | €833 | - | -€833 | |
| Current assets | 29/58 | €141,027 | €140,618 | -€409 | -0.3% |
| Amounts receivable within one year | 40/41 | €134,136 | €128,829 | -€5,306 | -4.0% |
| Trade receivables | 40 | €129,329 | €123,155 | -€6,174 | -4.8% |
| Other amounts receivable | 41 | €4,806 | €5,674 | +€868 | +18.1% |
| Cash at bank and in hand | 54/58 | €6,092 | €11,789 | +€5,697 | +93.5% |
| Deferred charges and accrued income | 490/1 | €800 | - | -€800 | |
| Total equity and liabilities | 10/49 | €227,333 | €214,700 | -€12,634 | -5.6% |
| Equity | 10/15 | €104,426 | €109,891 | +€5,465 | +5.2% |
| Contributions | 10/11 | €3,100 | €3,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,326 | €106,791 | +€5,465 | +5.4% |
| Amounts payable | 17/49 | €122,907 | €104,809 | -€18,098 | -14.7% |
| Amounts payable within one year | 42/48 | €122,907 | €104,809 | -€18,098 | -14.7% |
| Trade debts | 44 | €14,145 | €8,876 | -€5,269 | -37.2% |
| Suppliers | 440/4 | €14,145 | €8,876 | -€5,269 | -37.2% |
| Taxes, remuneration and social security | 45 | €50,637 | €37,178 | -€13,459 | -26.6% |
| Taxes | 450/3 | €50,637 | €37,178 | -€13,459 | -26.6% |
| Other amounts payable | 47/48 | €58,125 | €58,754 | +€630 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,755 | €12,224 | -€530 | -4.2% |
| Other operating charges | 640/8 | €203 | €406 | +€203 | +100.1% |
| Gross operating margin | 9900 | €64,271 | €4,791 | -€59,480 | -92.5% |
| Operating profit (loss) | 9901 | €51,314 | -€7,839 | -€59,153 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +500.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +500.0% |
| Financial charges | 65/66B | €2,021 | €144 | -€1,876 | -92.9% |
| Recurring financial charges | 65 | €2,021 | €144 | -€1,876 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | €49,293 | -€7,984 | -€57,277 | |
| Income taxes | 67/77 | €17,500 | -€13,449 | -€30,949 | |
| Profit (loss) for the period | 9904 | €31,793 | €5,465 | -€26,328 | -82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,793 | €5,465 | -€26,328 | -82.8% |
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 7 October 2026 via checked.be.