CADRA: 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.
CADRA
Largest movements
- Receivables within one year +€7,286
up €7,286 (+18.4%), from €39,519 to €46,805
of which Trade receivables: +€10,607
- Tax, wage and social debts -€35,765
down €35,765 (-73.2%), from €48,878 to €13,113
- Profit (loss) carried forward +€34,455
up €34,455 (+16.9%), from €204,111 to €238,566
- Gross operating margin -€12,856
down €12,856 (-24.5%), from €52,412 to €39,556
- Taxes -€4,727
down €4,727 (-26.0%), from €18,209 to €13,482
- Financial income -€1,112
down €1,112 (-9.6%), from €11,612 to €10,500
- Depreciation -€1,112
down €1,112 (-38.7%), from €2,869 to €1,757
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 | €393,860 | €398,091 | +€4,231 | +1.1% |
| Fixed assets | 21/28 | €3,043 | €1,285 | -€1,757 | -57.8% |
| Tangible fixed assets | 22/27 | €2,793 | €1,035 | -€1,757 | -62.9% |
| Furniture and vehicles | 24 | €2,793 | €1,035 | -€1,757 | -62.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €390,817 | €396,806 | +€5,988 | +1.5% |
| Amounts receivable after more than one year | 29 | €350,000 | €350,000 | = | 0.0% |
| Other amounts receivable | 291 | €350,000 | €350,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,519 | €46,805 | +€7,286 | +18.4% |
| Trade receivables | 40 | €3,070 | €13,677 | +€10,607 | +345.5% |
| Other amounts receivable | 41 | €36,449 | €33,128 | -€3,321 | -9.1% |
| Cash at bank and in hand | 54/58 | €1,298 | €1 | -€1,297 | -99.9% |
| Total equity and liabilities | 10/49 | €393,860 | €398,091 | +€4,231 | +1.1% |
| Equity | 10/15 | €340,165 | €374,620 | +€34,455 | +10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €129,855 | €129,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €127,995 | €127,995 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,111 | €238,566 | +€34,455 | +16.9% |
| Amounts payable | 17/49 | €53,695 | €23,470 | -€30,224 | -56.3% |
| Amounts payable within one year | 42/48 | €48,916 | €16,257 | -€32,659 | -66.8% |
| Trade debts | 44 | €38 | €3,143 | +€3,105 | +8171.6% |
| Suppliers | 440/4 | €38 | €3,143 | +€3,105 | +8171.6% |
| Taxes, remuneration and social security | 45 | €48,878 | €13,113 | -€35,765 | -73.2% |
| Taxes | 450/3 | €48,878 | €13,113 | -€35,765 | -73.2% |
| Accrued charges and deferred income | 492/3 | €4,778 | €7,214 | +€2,435 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,869 | €1,757 | -€1,112 | -38.7% |
| Other operating charges | 640/8 | €736 | €362 | -€374 | -50.8% |
| Gross operating margin | 9900 | €52,412 | €39,556 | -€12,856 | -24.5% |
| Operating profit (loss) | 9901 | €48,807 | €37,437 | -€11,370 | -23.3% |
| Financial income | 75/76B | €11,612 | €10,500 | -€1,112 | -9.6% |
| Recurring financial income | 75 | €11,612 | €10,500 | -€1,112 | -9.6% |
| Financial charges | 65/66B | €101 | - | -€101 | |
| Recurring financial charges | 65 | €101 | - | -€101 | |
| Profit (loss) for the period before taxes | 9903 | €60,319 | €47,937 | -€12,382 | -20.5% |
| Income taxes | 67/77 | €18,209 | €13,482 | -€4,727 | -26.0% |
| Profit (loss) for the period | 9904 | €42,110 | €34,455 | -€7,655 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,110 | €34,455 | -€7,655 | -18.2% |
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 2 October 2026 via checked.be.