KADE VHG: 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 VHG
Largest movements
- Cash -€1,679
down €1,679 (-26.5%), from €6,331 to €4,651
mainly Net result for the year (-€11,132) and Accrued charges and deferred income (-€1,000)
- Profit (loss) carried forward -€11,132
down €11,132 (-40.2%), from -€27,685 to -€38,817
- Other debts +€8,305
up €8,305 (+55.1%), from €15,077 to €23,382
- Trade debts +€2,148
up €2,148 (+127%), from €1,688 to €3,836
- Accrued charges and deferred income -€1,000
no longer reported in 2025 (was €1,000)
- Gross operating margin -€6,248
down €6,248 (-217%), from -€2,881 to -€9,129
- Financial charges +€753
up €753 (+180%), from €417 to €1,170
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 | €8,680 | €7,001 | -€1,679 | -19.3% |
| Fixed assets | 21/28 | €2,350 | €2,350 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,350 | €2,350 | = | 0.0% |
| Assets under construction and advance payments | 27 | €2,350 | €2,350 | = | 0.0% |
| Current assets | 29/58 | €6,331 | €4,651 | -€1,679 | -26.5% |
| Cash at bank and in hand | 54/58 | €6,331 | €4,651 | -€1,679 | -26.5% |
| Total equity and liabilities | 10/49 | €8,680 | €7,001 | -€1,679 | -19.3% |
| Equity | 10/15 | -€9,085 | -€20,217 | -€11,132 | -123% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,685 | -€38,817 | -€11,132 | -40.2% |
| Amounts payable | 17/49 | €17,765 | €27,218 | +€9,453 | +53.2% |
| Amounts payable within one year | 42/48 | €16,765 | €27,218 | +€10,453 | +62.3% |
| Trade debts | 44 | €1,688 | €3,836 | +€2,148 | +127% |
| Suppliers | 440/4 | €1,688 | €3,836 | +€2,148 | +127% |
| Other amounts payable | 47/48 | €15,077 | €23,382 | +€8,305 | +55.1% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Other operating charges | 640/8 | €758 | €833 | +€74 | +9.8% |
| Gross operating margin | 9900 | -€2,881 | -€9,129 | -€6,248 | -217% |
| Operating profit (loss) | 9901 | -€3,639 | -€9,962 | -€6,323 | -174% |
| Financial charges | 65/66B | €417 | €1,170 | +€753 | +180% |
| Recurring financial charges | 65 | €417 | €1,170 | +€753 | +180% |
| Profit (loss) for the period before taxes | 9903 | -€4,057 | -€11,132 | -€7,075 | -174% |
| Profit (loss) for the period | 9904 | -€4,057 | -€11,132 | -€7,075 | -174% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,057 | -€11,132 | -€7,075 | -174% |
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 27 October 2026 via checked.be.