CADRAL: 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.
CADRAL
Largest movements
- Cash -€27,181
down €27,181 (-31.6%), from €86,088 to €58,907
mainly Investment in fixed assets (net) (-€25,482) and Trade debts (-€19,848)
- Tangible fixed assets +€11,460
up €11,460 (+8.7%), from €131,552 to €143,012
of which Furniture and vehicles: +€7,520
- Receivables within one year -€8,933
down €8,933 (-48.9%), from €18,260 to €9,327
of which Trade receivables: -€9,941
- Trade debts -€19,848
down €19,848 (-77.5%), from €25,611 to €5,763
of which Suppliers: -€19,105
- Reserves +€4,018
up €4,018 (+64.8%), from €6,200 to €10,218
of which Distributable reserves: +€4,018
- Tax, wage and social debts -€3,419
down €3,419 (-57.2%), from €5,982 to €2,563
of which Taxes: -€3,080
- Provisions -€2,600
down €2,600 (-100%), from €2,600 to €0
- Staff costs -€1,556
down €1,556 (-69.0%), from €2,254 to €698
- Depreciation +€1,232
up €1,232 (+9.6%), from €12,790 to €14,022
- Gross operating margin +€1,016
up €1,016 (+4.9%), from €20,666 to €21,682
- Taxes +€604
up €604 (+490%), from €123 to €727
- Other operating charges -€549
down €549 (-20.1%), from €2,732 to €2,183
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 | €259,609 | €235,391 | -€24,218 | -9.3% |
| Fixed assets | 21/28 | €154,855 | €166,315 | +€11,460 | +7.4% |
| Tangible fixed assets | 22/27 | €131,552 | €143,012 | +€11,460 | +8.7% |
| Land and buildings | 22 | €108,559 | €113,097 | +€4,538 | +4.2% |
| Plant, machinery and equipment | 23 | €3,231 | €2,633 | -€598 | -18.5% |
| Furniture and vehicles | 24 | €19,762 | €27,282 | +€7,520 | +38.1% |
| Financial fixed assets | 28 | €23,303 | €23,303 | = | 0.0% |
| Current assets | 29/58 | €104,754 | €69,076 | -€35,678 | -34.1% |
| Amounts receivable after more than one year | 29 | €132 | €0 | -€132 | -100% |
| Trade receivables | 290 | €132 | €0 | -€132 | -100% |
| Amounts receivable within one year | 40/41 | €18,260 | €9,327 | -€8,933 | -48.9% |
| Trade receivables | 40 | €14,137 | €4,196 | -€9,941 | -70.3% |
| Other amounts receivable | 41 | €4,123 | €5,131 | +€1,008 | +24.4% |
| Cash at bank and in hand | 54/58 | €86,088 | €58,907 | -€27,181 | -31.6% |
| Deferred charges and accrued income | 490/1 | €275 | €843 | +€568 | +207% |
| Total equity and liabilities | 10/49 | €259,609 | €235,391 | -€24,218 | -9.3% |
| Equity | 10/15 | €218,976 | €222,994 | +€4,018 | +1.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €10,218 | +€4,018 | +64.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €4,018 | +€4,018 | |
| Profit (loss) carried forward | 14 | €150,776 | €150,776 | = | 0.0% |
| Provisions and deferred taxes | 16 | €2,600 | €0 | -€2,600 | -100% |
| Provisions for liabilities and charges | 160/5 | €2,600 | €0 | -€2,600 | -100% |
| Environmental obligations | 163 | €2,600 | €0 | -€2,600 | -100% |
| Amounts payable | 17/49 | €38,033 | €12,398 | -€25,635 | -67.4% |
| Amounts payable within one year | 42/48 | €38,033 | €12,398 | -€25,635 | -67.4% |
| Trade debts | 44 | €25,611 | €5,763 | -€19,848 | -77.5% |
| Suppliers | 440/4 | €24,868 | €5,763 | -€19,105 | -76.8% |
| Bills of exchange payable | 441 | €742 | - | -€742 | |
| Taxes, remuneration and social security | 45 | €5,982 | €2,563 | -€3,419 | -57.2% |
| Taxes | 450/3 | €3,482 | €402 | -€3,080 | -88.5% |
| Remuneration and social security | 454/9 | €2,500 | €2,161 | -€339 | -13.6% |
| Other amounts payable | 47/48 | €6,440 | €4,072 | -€2,368 | -36.8% |
| Remuneration, social security and pensions | 62 | €2,254 | €698 | -€1,556 | -69.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,790 | €14,022 | +€1,232 | +9.6% |
| Other operating charges | 640/8 | €2,732 | €2,183 | -€549 | -20.1% |
| Non-recurring operating charges | 66A | €2,826 | €172 | -€2,654 | -93.9% |
| Gross operating margin | 9900 | €20,666 | €21,682 | +€1,016 | +4.9% |
| Operating profit (loss) | 9901 | €63 | €4,607 | +€4,544 | +7,176% |
| Financial income | 75/76B | €819 | €689 | -€131 | -15.9% |
| Recurring financial income | 75 | €819 | €689 | -€131 | -15.9% |
| Financial charges | 65/66B | €173 | €150 | -€23 | -13.4% |
| Recurring financial charges | 65 | €13 | €0 | -€13 | -100% |
| Non-recurring financial charges | 66B | €160 | €150 | -€10 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €709 | €5,146 | +€4,437 | +625% |
| Income taxes | 67/77 | €123 | €727 | +€604 | +490% |
| Profit (loss) for the period | 9904 | €586 | €4,419 | +€3,833 | +654% |
| Profit (loss) for the period to be appropriated | 9905 | €586 | €4,419 | +€3,833 | +654% |
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 13 October 2026 via checked.be.