KADE 9000: 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.
KADE 9000
Largest movements
- Stocks and contracts +€805,387
up €805,387 (+502%), from €160,548 to €965,935
- Other debts +€661,943
up €661,943 (+737%), from €89,827 to €751,769
- Reserves +€93,780
new in 2025: €93,780
- Tax, wage and social debts +€58,947
new in 2025: €58,947
- Trade debts -€13,133
down €13,133 (-13.6%), from €96,804 to €83,671
- Gross operating margin +€134,727
up €134,727, from -€2,486 to €132,241
- Taxes +€37,208
new in 2025: €37,208
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 | €183,475 | €985,012 | +€801,537 | +437% |
| Current assets | 29/58 | €183,475 | €985,012 | +€801,537 | +437% |
| Stocks and contracts in progress | 3 | €160,548 | €965,935 | +€805,387 | +502% |
| Contracts in progress | 37 | €160,548 | €965,935 | +€805,387 | +502% |
| Amounts receivable within one year | 40/41 | €5,974 | €7,526 | +€1,552 | +26.0% |
| Other amounts receivable | 41 | €5,974 | €7,526 | +€1,552 | +26.0% |
| Cash at bank and in hand | 54/58 | €16,953 | €11,552 | -€5,402 | -31.9% |
| Total equity and liabilities | 10/49 | €183,475 | €985,012 | +€801,537 | +437% |
| Equity | 10/15 | -€3,155 | €90,625 | +€93,780 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | - | €93,780 | +€93,780 | |
| Distributable reserves | 133 | - | €93,780 | +€93,780 | |
| Profit (loss) carried forward | 14 | -€3,255 | -€3,255 | = | 0.0% |
| Amounts payable | 17/49 | €186,630 | €894,387 | +€707,757 | +379% |
| Amounts payable within one year | 42/48 | €186,630 | €894,387 | +€707,757 | +379% |
| Trade debts | 44 | €96,804 | €83,671 | -€13,133 | -13.6% |
| Suppliers | 440/4 | €96,804 | €83,671 | -€13,133 | -13.6% |
| Taxes, remuneration and social security | 45 | - | €58,947 | +€58,947 | |
| Taxes | 450/3 | - | €58,947 | +€58,947 | |
| Other amounts payable | 47/48 | €89,827 | €751,769 | +€661,943 | +737% |
| Other operating charges | 640/8 | €387 | €727 | +€339 | +87.6% |
| Gross operating margin | 9900 | -€2,486 | €132,241 | +€134,727 | |
| Operating profit (loss) | 9901 | -€2,873 | €131,515 | +€134,388 | |
| Financial charges | 65/66B | €382 | €527 | +€144 | +37.8% |
| Recurring financial charges | 65 | €382 | €527 | +€144 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,255 | €130,988 | +€134,243 | |
| Income taxes | 67/77 | - | €37,208 | +€37,208 | |
| Profit (loss) for the period | 9904 | -€3,255 | €93,780 | +€97,036 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,255 | €93,780 | +€97,036 |
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 22 October 2026 via checked.be.