KADEN: 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.
KADEN
Largest movements
- Receivables within one year +€33,131
up €33,131 (+655.8%), from €5,052 to €38,183
of which Trade receivables: +€35,298
- Tangible fixed assets -€22,960
down €22,960 (-60.9%), from €37,718 to €14,758
- Cash +€6,432
up €6,432 (+12.1%), from €52,962 to €59,394
mainly Net result for the year (+€29,824) and Depreciation (+€22,253)
- Stocks and contracts -€5,808
no longer reported in 2025 (was €5,808)
- Profit (loss) carried forward +€16,188
up €16,188 (+326.7%), from €4,955 to €21,143
- Debts after one year -€16,121
down €16,121 (-53.5%), from €30,120 to €13,999
- Reserves +€13,637
up €13,637 (+733.2%), from €1,860 to €15,497
- Tax, wage and social debts +€10,418
up €10,418 (+130.9%), from €7,961 to €18,379
of which Taxes: +€10,150
- Current portion of long-term debt -€9,159
down €9,159 (-36.2%), from €25,279 to €16,120
- Gross operating margin +€26,937
up €26,937 (+49.7%), from €54,218 to €81,155
- Taxes +€8,151
up €8,151 (+463.7%), from €1,758 to €9,909
- Depreciation -€4,910
down €4,910 (-18.1%), from €27,163 to €22,253
- Financial charges -€1,309
down €1,309 (-26.8%), from €4,892 to €3,583
- Staff costs +€1,138
up €1,138 (+10.7%), from €10,674 to €11,812
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 | €104,353 | €115,268 | +€10,915 | +10.5% |
| Fixed assets | 21/28 | €37,768 | €14,808 | -€22,960 | -60.8% |
| Tangible fixed assets | 22/27 | €37,718 | €14,758 | -€22,960 | -60.9% |
| Land and buildings | 22 | €23,341 | €13,747 | -€9,594 | -41.1% |
| Plant, machinery and equipment | 23 | €143 | - | -€143 | |
| Furniture and vehicles | 24 | €2,893 | €394 | -€2,499 | -86.4% |
| Leasing and similar rights | 25 | €11,341 | €617 | -€10,724 | -94.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €66,585 | €100,460 | +€33,875 | +50.9% |
| Stocks and contracts in progress | 3 | €5,808 | - | -€5,808 | |
| Stocks | 30/36 | €5,808 | - | -€5,808 | |
| Amounts receivable within one year | 40/41 | €5,052 | €38,183 | +€33,131 | +655.8% |
| Trade receivables | 40 | €2,885 | €38,183 | +€35,298 | +1223.5% |
| Other amounts receivable | 41 | €2,167 | - | -€2,167 | |
| Cash at bank and in hand | 54/58 | €52,962 | €59,394 | +€6,432 | +12.1% |
| Deferred charges and accrued income | 490/1 | €2,763 | €2,883 | +€120 | +4.3% |
| Total equity and liabilities | 10/49 | €104,353 | €115,268 | +€10,915 | +10.5% |
| Equity | 10/15 | €13,015 | €42,840 | +€29,825 | +229.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €15,497 | +€13,637 | +733.2% |
| Distributable reserves | 133 | €1,860 | €15,497 | +€13,637 | +733.2% |
| Profit (loss) carried forward | 14 | €4,955 | €21,143 | +€16,188 | +326.7% |
| Amounts payable | 17/49 | €91,338 | €72,428 | -€18,910 | -20.7% |
| Amounts payable after more than one year | 17 | €30,120 | €13,999 | -€16,121 | -53.5% |
| Financial debts | 170/4 | €30,120 | €13,999 | -€16,121 | -53.5% |
| Amounts payable within one year | 42/48 | €61,218 | €58,429 | -€2,789 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €25,279 | €16,120 | -€9,159 | -36.2% |
| Trade debts | 44 | €6,829 | €8,528 | +€1,699 | +24.9% |
| Suppliers | 440/4 | €6,829 | €8,528 | +€1,699 | +24.9% |
| Advances received on contracts in progress | 46 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €7,961 | €18,379 | +€10,418 | +130.9% |
| Taxes | 450/3 | €3,590 | €13,740 | +€10,150 | +282.7% |
| Remuneration and social security | 454/9 | €4,371 | €4,639 | +€268 | +6.1% |
| Other amounts payable | 47/48 | €21,149 | €15,002 | -€6,147 | -29.1% |
| Remuneration, social security and pensions | 62 | €10,674 | €11,812 | +€1,138 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,163 | €22,253 | -€4,910 | -18.1% |
| Other operating charges | 640/8 | €3,432 | €4,059 | +€627 | +18.3% |
| Gross operating margin | 9900 | €54,218 | €81,155 | +€26,937 | +49.7% |
| Operating profit (loss) | 9901 | €12,949 | €43,031 | +€30,082 | +232.3% |
| Financial income | 75/76B | €90 | €285 | +€195 | +216.7% |
| Recurring financial income | 75 | €90 | €285 | +€195 | +216.7% |
| Financial charges | 65/66B | €4,892 | €3,583 | -€1,309 | -26.8% |
| Recurring financial charges | 65 | €4,892 | €3,583 | -€1,309 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €8,147 | €39,733 | +€31,586 | +387.7% |
| Income taxes | 67/77 | €1,758 | €9,909 | +€8,151 | +463.7% |
| Profit (loss) for the period | 9904 | €6,389 | €29,824 | +€23,435 | +366.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,389 | €29,824 | +€23,435 | +366.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.