CADPOWER: 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.
CADPOWER
Largest movements
- Receivables within one year +€9,018
up €9,018 (+62.1%), from €14,520 to €23,538
of which Other amounts receivable: +€9,018
- Tangible fixed assets -€5,797
down €5,797 (-4.5%), from €129,961 to €124,164
of which Land and buildings: -€5,726
- Cash +€2,634
up €2,634 (+225%), from €1,172 to €3,805
mainly Current portion of long-term debt (+€10,567) and Net result for the year (+€9,702)
- Tax, wage and social debts -€17,068
down €17,068 (-60.8%), from €28,076 to €11,008
of which Taxes: -€17,068
- Debts after one year -€13,721
down €13,721 (-35.3%), from €38,844 to €25,123
- Current portion of long-term debt +€10,567
up €10,567 (+79.6%), from €13,278 to €23,845
- Reserves +€9,702
up €9,702 (+32.2%), from €30,158 to €39,860
of which Distributable reserves: +€9,702
- Other debts +€9,394
up €9,394 (+64.1%), from €14,645 to €24,039
- Gross operating margin -€44,954
down €44,954 (-51.7%), from €86,981 to €42,026
- Taxes -€11,140
down €11,140 (-65.1%), from €17,122 to €5,982
- Depreciation -€3,840
down €3,840 (-35.0%), from €10,971 to €7,131
- Other operating charges -€2,443
down €2,443 (-13.3%), from €18,365 to €15,922
- Financial charges -€927
down €927 (-22.0%), from €4,217 to €3,290
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 | €148,973 | €154,868 | +€5,895 | +4.0% |
| Fixed assets | 21/28 | €129,961 | €124,164 | -€5,797 | -4.5% |
| Tangible fixed assets | 22/27 | €129,961 | €124,164 | -€5,797 | -4.5% |
| Land and buildings | 22 | €122,633 | €116,907 | -€5,726 | -4.7% |
| Plant, machinery and equipment | 23 | €7,137 | €6,157 | -€979 | -13.7% |
| Furniture and vehicles | 24 | €192 | €1,100 | +€908 | +474% |
| Current assets | 29/58 | €19,012 | €30,704 | +€11,692 | +61.5% |
| Amounts receivable within one year | 40/41 | €14,520 | €23,538 | +€9,018 | +62.1% |
| Trade receivables | 40 | €14,520 | €14,520 | = | 0.0% |
| Other amounts receivable | 41 | - | €9,018 | +€9,018 | |
| Cash at bank and in hand | 54/58 | €1,172 | €3,805 | +€2,634 | +225% |
| Deferred charges and accrued income | 490/1 | €3,320 | €3,361 | +€41 | +1.2% |
| Total equity and liabilities | 10/49 | €148,973 | €154,868 | +€5,895 | +4.0% |
| Equity | 10/15 | €36,363 | €46,065 | +€9,702 | +26.7% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €30,158 | €39,860 | +€9,702 | +32.2% |
| Non-distributable reserves | 130/1 | €606 | €606 | = | 0.0% |
| Reserves not available under the articles | 1311 | €606 | €606 | = | 0.0% |
| Distributable reserves | 133 | €29,553 | €39,255 | +€9,702 | +32.8% |
| Amounts payable | 17/49 | €112,610 | €108,803 | -€3,807 | -3.4% |
| Amounts payable after more than one year | 17 | €38,844 | €25,123 | -€13,721 | -35.3% |
| Financial debts | 170/4 | €38,844 | €25,123 | -€13,721 | -35.3% |
| Amounts payable within one year | 42/48 | €73,765 | €83,680 | +€9,914 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €13,278 | €23,845 | +€10,567 | +79.6% |
| Trade debts | 44 | €17,766 | €24,788 | +€7,021 | +39.5% |
| Suppliers | 440/4 | €17,766 | €24,788 | +€7,021 | +39.5% |
| Taxes, remuneration and social security | 45 | €28,076 | €11,008 | -€17,068 | -60.8% |
| Taxes | 450/3 | €25,076 | €8,008 | -€17,068 | -68.1% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €14,645 | €24,039 | +€9,394 | +64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,971 | €7,131 | -€3,840 | -35.0% |
| Other operating charges | 640/8 | €18,365 | €15,922 | -€2,443 | -13.3% |
| Gross operating margin | 9900 | €86,981 | €42,026 | -€44,954 | -51.7% |
| Operating profit (loss) | 9901 | €57,645 | €18,973 | -€38,672 | -67.1% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €4,217 | €3,290 | -€927 | -22.0% |
| Recurring financial charges | 65 | €4,217 | €3,290 | -€927 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €53,428 | €15,684 | -€37,745 | -70.6% |
| Income taxes | 67/77 | €17,122 | €5,982 | -€11,140 | -65.1% |
| Profit (loss) for the period | 9904 | €36,306 | €9,702 | -€26,604 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,306 | €9,702 | -€26,604 | -73.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.