CADQON: 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.
CADQON
Largest movements
- Deferred charges and accrued income +€1,544
up €1,544 (+57.0%), from €2,707 to €4,251
- Tangible fixed assets -€873
down €873 (-15.4%), from €5,687 to €4,814
of which Other tangible fixed assets: -€1,313
- Receivables within one year +€693
up €693 (+3.3%), from €21,272 to €21,965
of which Trade receivables: +€2,506
- Other debts -€6,845
down €6,845 (-73.4%), from €9,325 to €2,479
- Profit (loss) carried forward +€4,000
up €4,000 (+50.0%), from €8,000 to €12,000
- Debts after one year +€3,893
up €3,893, from €0 to €3,893
- Tax, wage and social debts +€1,194
up €1,194 (+19.5%), from €6,119 to €7,313
of which Taxes: +€1,194
- Trade debts -€1,180
down €1,180 (-17.9%), from €6,597 to €5,417
- Staff costs -€2,793
down €2,793 (-100%), from €2,793 to €0
- Taxes +€1,546
up €1,546 (+68.2%), from €2,268 to €3,815
- Gross operating margin +€1,007
up €1,007 (+6.8%), from €14,876 to €15,884
- Financial charges +€503
up €503 (+28.7%), from €1,751 to €2,253
- Depreciation +€448
up €448 (+19.3%), from €2,326 to €2,773
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 | €32,834 | €34,525 | +€1,692 | +5.2% |
| Fixed assets | 21/28 | €5,687 | €4,814 | -€873 | -15.4% |
| Tangible fixed assets | 22/27 | €5,687 | €4,814 | -€873 | -15.4% |
| Plant, machinery and equipment | 23 | €1,974 | €1,258 | -€716 | -36.3% |
| Furniture and vehicles | 24 | €170 | €1,326 | +€1,155 | +678% |
| Other tangible fixed assets | 26 | €3,543 | €2,230 | -€1,313 | -37.0% |
| Current assets | 29/58 | €27,146 | €29,711 | +€2,565 | +9.4% |
| Amounts receivable within one year | 40/41 | €21,272 | €21,965 | +€693 | +3.3% |
| Trade receivables | 40 | €18,431 | €20,937 | +€2,506 | +13.6% |
| Other amounts receivable | 41 | €2,841 | €1,028 | -€1,813 | -63.8% |
| Cash at bank and in hand | 54/58 | €3,168 | €3,496 | +€328 | +10.4% |
| Deferred charges and accrued income | 490/1 | €2,707 | €4,251 | +€1,544 | +57.0% |
| Total equity and liabilities | 10/49 | €32,834 | €34,525 | +€1,692 | +5.2% |
| Equity | 10/15 | €9,500 | €13,500 | +€4,000 | +42.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,000 | €12,000 | +€4,000 | +50.0% |
| Amounts payable | 17/49 | €23,334 | €21,025 | -€2,308 | -9.9% |
| Amounts payable after more than one year | 17 | €0 | €3,893 | +€3,893 | |
| Financial debts | 170/4 | €0 | €3,893 | +€3,893 | |
| Amounts payable within one year | 42/48 | €23,334 | €17,132 | -€6,202 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €1,294 | €1,923 | +€629 | +48.6% |
| Trade debts | 44 | €6,597 | €5,417 | -€1,180 | -17.9% |
| Suppliers | 440/4 | €6,597 | €5,417 | -€1,180 | -17.9% |
| Taxes, remuneration and social security | 45 | €6,119 | €7,313 | +€1,194 | +19.5% |
| Taxes | 450/3 | €6,119 | €7,313 | +€1,194 | +19.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,325 | €2,479 | -€6,845 | -73.4% |
| Remuneration, social security and pensions | 62 | €2,793 | €0 | -€2,793 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,326 | €2,773 | +€448 | +19.3% |
| Other operating charges | 640/8 | €537 | €591 | +€55 | +10.2% |
| Non-recurring operating charges | 66A | €1,877 | €0 | -€1,877 | -100% |
| Gross operating margin | 9900 | €14,876 | €15,884 | +€1,007 | +6.8% |
| Operating profit (loss) | 9901 | €7,344 | €12,519 | +€5,176 | +70.5% |
| Financial income | 75/76B | €0 | €28 | +€28 | +278,400% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +278,400% |
| Financial charges | 65/66B | €1,751 | €2,253 | +€503 | +28.7% |
| Recurring financial charges | 65 | €1,751 | €2,253 | +€503 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €5,593 | €10,294 | +€4,701 | +84.0% |
| Income taxes | 67/77 | €2,268 | €3,815 | +€1,546 | +68.2% |
| Profit (loss) for the period | 9904 | €3,325 | €6,479 | +€3,155 | +94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,325 | €6,479 | +€3,155 | +94.9% |
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 27 October 2026 via checked.be.