CADR: 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.
CADR
Largest movements
- Cash +€10,494
up €10,494 (+69.3%), from €15,147 to €25,641
mainly Net result for the year (+€18,426) and Tax, wage and social debts (+€738)
- Receivables within one year +€2,842
new in 2025: €2,842
- Profit (loss) carried forward +€18,426
up €18,426 (+80.7%), from -€22,841 to -€4,415
- Other debts -€5,000
down €5,000 (-18.1%), from €27,655 to €22,655
- Tax, wage and social debts +€738
up €738 (+116.0%), from €637 to €1,375
- Trade debts -€717
down €717 (-31.2%), from €2,297 to €1,580
- Gross operating margin +€10,461
up €10,461 (+124.9%), from €8,375 to €18,836
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 | €15,622 | €29,069 | +€13,447 | +86.1% |
| Fixed assets | 21/28 | €475 | €586 | +€111 | +23.4% |
| Tangible fixed assets | 22/27 | €475 | €586 | +€111 | +23.4% |
| Furniture and vehicles | 24 | €475 | €586 | +€111 | +23.4% |
| Current assets | 29/58 | €15,147 | €28,483 | +€13,336 | +88.0% |
| Amounts receivable within one year | 40/41 | - | €2,842 | +€2,842 | |
| Trade receivables | 40 | - | €2,842 | +€2,842 | |
| Cash at bank and in hand | 54/58 | €15,147 | €25,641 | +€10,494 | +69.3% |
| Total equity and liabilities | 10/49 | €15,622 | €29,069 | +€13,447 | +86.1% |
| Equity | 10/15 | -€14,967 | €3,459 | +€18,426 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,675 | €1,675 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,675 | €1,675 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,675 | €1,675 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,841 | -€4,415 | +€18,426 | +80.7% |
| Amounts payable | 17/49 | €30,588 | €25,609 | -€4,979 | -16.3% |
| Amounts payable within one year | 42/48 | €30,588 | €25,609 | -€4,979 | -16.3% |
| Trade debts | 44 | €2,297 | €1,580 | -€717 | -31.2% |
| Suppliers | 440/4 | €2,297 | €1,580 | -€717 | -31.2% |
| Taxes, remuneration and social security | 45 | €637 | €1,375 | +€738 | +116.0% |
| Taxes | 450/3 | €637 | €1,375 | +€738 | +116.0% |
| Other amounts payable | 47/48 | €27,655 | €22,655 | -€5,000 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262 | €277 | +€15 | +5.7% |
| Gross operating margin | 9900 | €8,375 | €18,836 | +€10,461 | +124.9% |
| Operating profit (loss) | 9901 | €8,113 | €18,559 | +€10,446 | +128.8% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €113 | €133 | +€20 | +18.1% |
| Recurring financial charges | 65 | €113 | €133 | +€20 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €8,019 | €18,426 | +€10,407 | +129.8% |
| Profit (loss) for the period | 9904 | €8,019 | €18,426 | +€10,407 | +129.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,019 | €18,426 | +€10,407 | +129.8% |
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 11 October 2026 via checked.be.