CADORO: 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.
CADORO
Largest movements
- Tangible fixed assets -€11,833
down €11,833 (-6.4%), from €183,701 to €171,868
- Profit (loss) carried forward -€8,160
down €8,160 (-3.2%), from -€252,615 to -€260,775
- Other debts -€6,756
down €6,756 (-6.9%), from €97,428 to €90,672
- Debts after one year +€3,819
up €3,819 (+3.6%), from €107,217 to €111,035
- Financial income -€2,947
down €2,947 (-74.1%), from €3,977 to €1,030
- Other operating charges -€1,197
down €1,197 (-46.2%), from €2,591 to €1,394
- Depreciation +€1,129
up €1,129 (+10.5%), from €10,704 to €11,833
- Gross operating margin -€189
down €189 (-4.4%), from €4,255 to €4,067
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 | €237,180 | €225,712 | -€11,468 | -4.8% |
| Fixed assets | 21/28 | €183,701 | €171,868 | -€11,833 | -6.4% |
| Tangible fixed assets | 22/27 | €183,701 | €171,868 | -€11,833 | -6.4% |
| Land and buildings | 22 | €183,701 | €171,868 | -€11,833 | -6.4% |
| Current assets | 29/58 | €53,479 | €53,844 | +€365 | +0.7% |
| Amounts receivable within one year | 40/41 | €51,000 | €52,010 | +€1,010 | +2.0% |
| Other amounts receivable | 41 | €51,000 | €52,010 | +€1,010 | +2.0% |
| Cash at bank and in hand | 54/58 | €1,469 | €804 | -€665 | -45.3% |
| Deferred charges and accrued income | 490/1 | €1,010 | €1,030 | +€20 | +2.0% |
| Total equity and liabilities | 10/49 | €237,180 | €225,712 | -€11,468 | -4.8% |
| Equity | 10/15 | €31,550 | €23,390 | -€8,160 | -25.9% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €159,165 | €159,165 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €157,306 | €157,306 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,615 | -€260,775 | -€8,160 | -3.2% |
| Amounts payable | 17/49 | €205,630 | €202,322 | -€3,308 | -1.6% |
| Amounts payable after more than one year | 17 | €107,217 | €111,035 | +€3,819 | +3.6% |
| Financial debts | 170/4 | €107,217 | €111,035 | +€3,819 | +3.6% |
| Amounts payable within one year | 42/48 | €98,413 | €91,287 | -€7,126 | -7.2% |
| Trade debts | 44 | €985 | €615 | -€370 | -37.6% |
| Suppliers | 440/4 | €985 | €615 | -€370 | -37.6% |
| Other amounts payable | 47/48 | €97,428 | €90,672 | -€6,756 | -6.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,704 | €11,833 | +€1,129 | +10.5% |
| Other operating charges | 640/8 | €2,591 | €1,394 | -€1,197 | -46.2% |
| Gross operating margin | 9900 | €4,255 | €4,067 | -€189 | -4.4% |
| Operating profit (loss) | 9901 | -€9,039 | -€9,160 | -€121 | -1.3% |
| Financial income | 75/76B | €3,977 | €1,030 | -€2,947 | -74.1% |
| Recurring financial income | 75 | €3,977 | €1,030 | -€2,947 | -74.1% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,092 | -€8,160 | -€3,068 | -60.2% |
| Profit (loss) for the period | 9904 | -€5,092 | -€8,160 | -€3,068 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,092 | -€8,160 | -€3,068 | -60.2% |
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 26 October 2026 via checked.be.