CADRATIN: 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.
CADRATIN
Largest movements
- Tangible fixed assets -€48,101
down €48,101 (-6.8%), from €708,271 to €660,171
of which Plant, machinery and equipment: -€28,192
- Receivables within one year +€20,695
up €20,695 (+350%), from €5,917 to €26,612
of which Trade receivables: +€26,071
- Cash -€13,623
down €13,623 (-35.2%), from €38,686 to €25,063
mainly Net result for the year (-€30,254) and Receivables within one year (-€20,695)
- Reserves -€35,555
down €35,555 (-7.9%), from €451,247 to €415,693
of which Tax-exempt reserves: -€35,555
- Trade debts +€17,106
up €17,106 (+217%), from €7,891 to €24,998
of which Suppliers: +€16,501
- Provisions -€14,935
down €14,935 (-10.3%), from €144,602 to €129,667
- Short-term financial debts -€9,390
down €9,390 (-74.2%), from €12,655 to €3,265
- Depreciation -€11,027
down €11,027 (-17.3%), from €63,840 to €52,814
- Gross operating margin -€1,861
down €1,861 (-14.1%), from €13,168 to €11,307
- Other operating charges +€891
up €891 (+41.7%), from €2,135 to €3,026
- Financial charges -€527
down €527 (-44.2%), from €1,193 to €665
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 | €752,874 | €711,845 | -€41,029 | -5.4% |
| Fixed assets | 21/28 | €708,271 | €660,171 | -€48,101 | -6.8% |
| Tangible fixed assets | 22/27 | €708,271 | €660,171 | -€48,101 | -6.8% |
| Land and buildings | 22 | €588,570 | €567,565 | -€21,005 | -3.6% |
| Plant, machinery and equipment | 23 | €116,629 | €88,438 | -€28,192 | -24.2% |
| Furniture and vehicles | 24 | €3,072 | €4,168 | +€1,095 | +35.7% |
| Current assets | 29/58 | €44,602 | €51,674 | +€7,072 | +15.9% |
| Amounts receivable within one year | 40/41 | €5,917 | €26,612 | +€20,695 | +350% |
| Trade receivables | 40 | €182 | €26,252 | +€26,071 | +14,364% |
| Other amounts receivable | 41 | €5,735 | €360 | -€5,375 | -93.7% |
| Cash at bank and in hand | 54/58 | €38,686 | €25,063 | -€13,623 | -35.2% |
| Total equity and liabilities | 10/49 | €752,874 | €711,845 | -€41,029 | -5.4% |
| Equity | 10/15 | €535,558 | €505,305 | -€30,254 | -5.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Contributions outside capital | 11 | €70,000 | €70,000 | = | 0.0% |
| Other | 1109/19 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €451,247 | €415,693 | -€35,555 | -7.9% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €344,247 | €308,693 | -€35,555 | -10.3% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,311 | €19,612 | +€5,301 | +37.0% |
| Provisions and deferred taxes | 16 | €144,602 | €129,667 | -€14,935 | -10.3% |
| Deferred taxes | 168 | €144,602 | €129,667 | -€14,935 | -10.3% |
| Amounts payable | 17/49 | €72,714 | €76,873 | +€4,160 | +5.7% |
| Amounts payable after more than one year | 17 | €5,496 | €2,231 | -€3,265 | -59.4% |
| Financial debts | 170/4 | €3,265 | - | -€3,265 | |
| Other amounts payable | 178/9 | €2,231 | €2,231 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,218 | €74,642 | +€7,424 | +11.0% |
| Financial debts | 43 | €12,655 | €3,265 | -€9,390 | -74.2% |
| Credit institutions | 430/8 | €12,655 | €3,265 | -€9,390 | -74.2% |
| Trade debts | 44 | €7,891 | €24,998 | +€17,106 | +217% |
| Suppliers | 440/4 | €7,891 | €24,393 | +€16,501 | +209% |
| Bills of exchange payable | 441 | - | €605 | +€605 | |
| Advances received on contracts in progress | 46 | €605 | - | -€605 | |
| Other amounts payable | 47/48 | €46,067 | €46,380 | +€313 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,840 | €52,814 | -€11,027 | -17.3% |
| Other operating charges | 640/8 | €2,135 | €3,026 | +€891 | +41.7% |
| Gross operating margin | 9900 | €13,168 | €11,307 | -€1,861 | -14.1% |
| Operating profit (loss) | 9901 | -€52,808 | -€44,533 | +€8,275 | +15.7% |
| Financial income | 75/76B | €9 | €10 | +€1 | +14.2% |
| Recurring financial income | 75 | €9 | €10 | +€1 | +14.2% |
| Financial charges | 65/66B | €1,193 | €665 | -€527 | -44.2% |
| Recurring financial charges | 65 | €1,193 | €665 | -€527 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | -€53,992 | -€45,189 | +€8,803 | +16.3% |
| Transfer from deferred taxes | 780 | €14,935 | €14,935 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€39,057 | -€30,254 | +€8,803 | +22.5% |
| Transfer from tax-exempt reserves | 789 | €35,555 | €35,555 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,502 | €5,301 | +€8,803 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.