CADS INTERNATIONAL: what changed
CADS INTERNATIONAL
Largest movements
- Tangible fixed assets -€9,127
down €9,127 (-42.0%), from €21,738 to €12,611
of which Furniture and vehicles: -€9,127
- Financial fixed assets -€4,550
down €4,550 (-100%), from €4,550 to €0
- Receivables within one year -€3,024
down €3,024 (-21.8%), from €13,895 to €10,871
of which Trade receivables: -€3,432
- Other debts -€34,856
down €34,856 (-11.8%), from €295,234 to €260,378
- Profit (loss) carried forward +€10,943
up €10,943 (+0.3%), from -€3.2m to -€3.2m
- Trade debts +€6,196
up €6,196 (+360%), from €1,722 to €7,918
- Short-term financial debts +€1,451
up €1,451 (+3.8%), from €38,124 to €39,574
- Gross operating margin +€9,442
up €9,442 (+36.3%), from €25,987 to €35,428
- Depreciation +€3,503
up €3,503 (+62.3%), from €5,624 to €9,127
- Financial charges +€1,799
up €1,799 (+21.0%), from €8,552 to €10,351
- Other operating charges -€539
down €539 (-15.0%), from €3,602 to €3,063
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,158 | €38,706 | -€16,451 | -29.8% |
| Fixed assets | 21/28 | €26,288 | €12,611 | -€13,677 | -52.0% |
| Tangible fixed assets | 22/27 | €21,738 | €12,611 | -€9,127 | -42.0% |
| Plant, machinery and equipment | 23 | €596 | €596 | = | 0.0% |
| Furniture and vehicles | 24 | €21,142 | €12,015 | -€9,127 | -43.2% |
| Financial fixed assets | 28 | €4,550 | €0 | -€4,550 | -100% |
| Current assets | 29/58 | €28,869 | €26,095 | -€2,774 | -9.6% |
| Amounts receivable within one year | 40/41 | €13,895 | €10,871 | -€3,024 | -21.8% |
| Trade receivables | 40 | €13,500 | €10,068 | -€3,432 | -25.4% |
| Other amounts receivable | 41 | €395 | €802 | +€407 | +103% |
| Cash at bank and in hand | 54/58 | €13,944 | €13,764 | -€180 | -1.3% |
| Deferred charges and accrued income | 490/1 | €1,030 | €1,461 | +€430 | +41.8% |
| Total equity and liabilities | 10/49 | €55,158 | €38,706 | -€16,451 | -29.8% |
| Equity | 10/15 | -€3,036,444 | -€3,025,501 | +€10,943 | +0.4% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Capital | 10 | €168,600 | €168,600 | = | 0.0% |
| Issued capital | 100 | €168,600 | €168,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,205,044 | -€3,194,101 | +€10,943 | +0.3% |
| Amounts payable | 17/49 | €3,091,602 | €3,064,207 | -€27,394 | -0.9% |
| Amounts payable after more than one year | 17 | €2,752,372 | €2,752,372 | = | 0.0% |
| Financial debts | 170/4 | €2,752,372 | €2,752,372 | = | 0.0% |
| Amounts payable within one year | 42/48 | €339,230 | €311,835 | -€27,394 | -8.1% |
| Financial debts | 43 | €38,124 | €39,574 | +€1,451 | +3.8% |
| Credit institutions | 430/8 | €38,124 | €39,574 | +€1,451 | +3.8% |
| Trade debts | 44 | €1,722 | €7,918 | +€6,196 | +360% |
| Suppliers | 440/4 | €1,722 | €7,918 | +€6,196 | +360% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,150 | €3,965 | -€185 | -4.5% |
| Taxes | 450/3 | €4,150 | €3,965 | -€185 | -4.5% |
| Other amounts payable | 47/48 | €295,234 | €260,378 | -€34,856 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,624 | €9,127 | +€3,503 | +62.3% |
| Other operating charges | 640/8 | €3,602 | €3,063 | -€539 | -15.0% |
| Gross operating margin | 9900 | €25,987 | €35,428 | +€9,442 | +36.3% |
| Operating profit (loss) | 9901 | €16,761 | €23,238 | +€6,477 | +38.6% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €8,552 | €10,351 | +€1,799 | +21.0% |
| Recurring financial charges | 65 | €8,552 | €10,351 | +€1,799 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €8,209 | €12,888 | +€4,679 | +57.0% |
| Income taxes | 67/77 | €2,020 | €1,945 | -€75 | -3.7% |
| Profit (loss) for the period | 9904 | €6,189 | €10,943 | +€4,754 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,189 | €10,943 | +€4,754 | +76.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.