KADASAN: 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.
KADASAN
Largest movements
- Cash +€11,611
up €11,611 (+43.0%), from €27,027 to €38,638
mainly Net result for the year (+€16,571) and Depreciation (+€5,039)
- Tangible fixed assets -€5,039
down €5,039 (-44.4%), from €11,360 to €6,320
- Receivables after one year +€2,361
new in 2025: €2,361
- Receivables within one year +€1,135
up €1,135 (+13.5%), from €8,417 to €9,552
of which Trade receivables: +€1,530
- Reserves +€9,000
up €9,000 (+40.9%), from €22,000 to €31,000
- Tax, wage and social debts +€3,300
up €3,300 (+90.9%), from €3,630 to €6,930
of which Remuneration and social security: +€1,700
- Current portion of long-term debt -€3,006
down €3,006 (-58.0%), from €5,179 to €2,173
- Debts after one year -€2,173
no longer reported in 2025 (was €2,173)
- Other debts +€2,076
up €2,076 (+23.8%), from €8,706 to €10,782
- Turnover +€6,111
up €6,111 (+8.4%), from €72,978 to €79,089
- Gross operating margin +€5,534
up €5,534 (+26.2%), from €21,158 to €26,692
- Taxes +€1,201
up €1,201 (+37.7%), from €3,188 to €4,389
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 | €47,609 | €57,289 | +€9,680 | +20.3% |
| Fixed assets | 21/28 | €11,360 | €6,320 | -€5,039 | -44.4% |
| Tangible fixed assets | 22/27 | €11,360 | €6,320 | -€5,039 | -44.4% |
| Furniture and vehicles | 24 | €11,360 | €6,320 | -€5,039 | -44.4% |
| Current assets | 29/58 | €36,249 | €50,968 | +€14,719 | +40.6% |
| Amounts receivable after more than one year | 29 | - | €2,361 | +€2,361 | |
| Other amounts receivable | 291 | - | €2,361 | +€2,361 | |
| Amounts receivable within one year | 40/41 | €8,417 | €9,552 | +€1,135 | +13.5% |
| Trade receivables | 40 | €6,356 | €7,886 | +€1,530 | +24.1% |
| Other amounts receivable | 41 | €2,062 | €1,667 | -€395 | -19.2% |
| Cash at bank and in hand | 54/58 | €27,027 | €38,638 | +€11,611 | +43.0% |
| Deferred charges and accrued income | 490/1 | €805 | €417 | -€387 | -48.1% |
| Total equity and liabilities | 10/49 | €47,609 | €57,289 | +€9,680 | +20.3% |
| Equity | 10/15 | €27,309 | €36,380 | +€9,071 | +33.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,000 | €31,000 | +€9,000 | +40.9% |
| Distributable reserves | 133 | €22,000 | €31,000 | +€9,000 | +40.9% |
| Profit (loss) carried forward | 14 | €309 | €380 | +€71 | +22.8% |
| Amounts payable | 17/49 | €20,300 | €20,909 | +€609 | +3.0% |
| Amounts payable after more than one year | 17 | €2,173 | - | -€2,173 | |
| Financial debts | 170/4 | €2,173 | - | -€2,173 | |
| Amounts payable within one year | 42/48 | €18,061 | €20,842 | +€2,781 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €5,179 | €2,173 | -€3,006 | -58.0% |
| Trade debts | 44 | €545 | €957 | +€412 | +75.7% |
| Suppliers | 440/4 | €545 | €957 | +€412 | +75.7% |
| Taxes, remuneration and social security | 45 | €3,630 | €6,930 | +€3,300 | +90.9% |
| Taxes | 450/3 | €3,630 | €5,230 | +€1,600 | +44.1% |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €8,706 | €10,782 | +€2,076 | +23.8% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Turnover | 70 | €72,978 | €79,089 | +€6,111 | +8.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,820 | €52,397 | +€577 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,051 | €5,039 | -€12 | -0.2% |
| Other operating charges | 640/8 | €1,112 | €890 | -€221 | -19.9% |
| Gross operating margin | 9900 | €21,158 | €26,692 | +€5,534 | +26.2% |
| Operating profit (loss) | 9901 | €14,995 | €20,762 | +€5,767 | +38.5% |
| Financial income | 75/76B | €0 | €288 | +€288 | +2881600.0% |
| Recurring financial income | 75 | €0 | €288 | +€288 | +2881600.0% |
| Financial charges | 65/66B | €141 | €91 | -€51 | -35.8% |
| Recurring financial charges | 65 | €141 | €91 | -€51 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €14,854 | €20,960 | +€6,106 | +41.1% |
| Income taxes | 67/77 | €3,188 | €4,389 | +€1,201 | +37.7% |
| Profit (loss) for the period | 9904 | €11,666 | €16,571 | +€4,905 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,666 | €16,571 | +€4,905 | +42.0% |
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 4 October 2026 via checked.be.