KADESEO SPRL: 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.
KADESEO SPRL
Largest movements
- Cash +€19,220
up €19,220 (+685%), from €2,807 to €22,027
mainly Net result for the year (+€52,441) and Depreciation (+€4,792)
- Receivables within one year +€13,829
up €13,829 (+3,626%), from €381 to €14,210
of which Trade receivables: +€14,039
- Tangible fixed assets -€4,792
down €4,792 (-51.1%), from €9,381 to €4,589
- Profit (loss) carried forward +€52,441
up €52,441 (+25.0%), from -€209,981 to -€157,540
- Other debts -€21,836
down €21,836 (-42.3%), from €51,597 to €29,761
- Trade debts -€2,348
down €2,348 (-99.9%), from €2,350 to €2
- Gross operating margin +€128,266
up €128,266, from -€69,532 to €58,734
- Taxes +€902
new in 2025: €902
- Other operating charges -€830
down €830 (-58.1%), from €1,430 to €600
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 | €12,595 | €40,851 | +€28,256 | +224% |
| Fixed assets | 21/28 | €9,406 | €4,614 | -€4,792 | -50.9% |
| Tangible fixed assets | 22/27 | €9,381 | €4,589 | -€4,792 | -51.1% |
| Furniture and vehicles | 24 | €9,381 | €4,589 | -€4,792 | -51.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €3,188 | €36,237 | +€33,048 | +1,036% |
| Amounts receivable within one year | 40/41 | €381 | €14,210 | +€13,829 | +3,626% |
| Trade receivables | 40 | - | €14,039 | +€14,039 | |
| Other amounts receivable | 41 | €381 | €171 | -€210 | -55.2% |
| Cash at bank and in hand | 54/58 | €2,807 | €22,027 | +€19,220 | +685% |
| Total equity and liabilities | 10/49 | €12,595 | €40,851 | +€28,256 | +224% |
| Equity | 10/15 | -€41,353 | €11,088 | +€52,441 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €148,168 | €148,168 | = | 0.0% |
| Distributable reserves | 133 | €148,168 | €148,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€209,981 | -€157,540 | +€52,441 | +25.0% |
| Amounts payable | 17/49 | €53,947 | €29,763 | -€24,185 | -44.8% |
| Amounts payable within one year | 42/48 | €53,947 | €29,763 | -€24,185 | -44.8% |
| Trade debts | 44 | €2,350 | €2 | -€2,348 | -99.9% |
| Suppliers | 440/4 | €2,350 | €2 | -€2,348 | -99.9% |
| Other amounts payable | 47/48 | €51,597 | €29,761 | -€21,836 | -42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,054 | €4,792 | -€262 | -5.2% |
| Other operating charges | 640/8 | €1,430 | €600 | -€830 | -58.1% |
| Gross operating margin | 9900 | -€69,532 | €58,734 | +€128,266 | |
| Operating profit (loss) | 9901 | -€76,016 | €53,342 | +€129,358 | |
| Profit (loss) for the period before taxes | 9903 | -€76,016 | €53,342 | +€129,358 | |
| Income taxes | 67/77 | - | €902 | +€902 | |
| Profit (loss) for the period | 9904 | -€76,016 | €52,441 | +€128,457 | |
| Profit (loss) for the period to be appropriated | 9905 | -€76,016 | €52,441 | +€128,457 |
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 14 October 2026 via checked.be.