KADISO: 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.
KADISO
Largest movements
- Tangible fixed assets +€20,251
up €20,251 (+7.5%), from €270,181 to €290,432
of which Land and buildings: +€20,563
- Cash -€13,099
down €13,099 (-45.2%), from €28,949 to €15,851
mainly Contributions, distributions and other (-€34,436) and Investment in fixed assets (net) (-€23,372)
- Receivables within one year -€4,309
down €4,309 (-100.0%), from €4,309 to €0
- Other debts -€13,741
down €13,741 (-19.9%), from €68,883 to €55,142
- Reserves +€11,089
up €11,089 (+5.3%), from €208,638 to €219,728
of which Distributable reserves: +€11,089
- Tax, wage and social debts +€6,368
up €6,368 (+126.8%), from €5,022 to €11,390
- Depreciation -€5,657
down €5,657 (-64.4%), from €8,778 to €3,121
- Gross operating margin -€4,714
down €4,714 (-5.8%), from €80,879 to €76,165
- Other operating charges +€1,583
up €1,583 (+53.4%), from €2,965 to €4,548
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 | €303,764 | €306,283 | +€2,518 | +0.8% |
| Fixed assets | 21/28 | €270,181 | €290,432 | +€20,251 | +7.5% |
| Tangible fixed assets | 22/27 | €270,181 | €290,432 | +€20,251 | +7.5% |
| Land and buildings | 22 | €268,994 | €289,557 | +€20,563 | +7.6% |
| Plant, machinery and equipment | 23 | €1,188 | €875 | -€313 | -26.3% |
| Current assets | 29/58 | €33,583 | €15,851 | -€17,732 | -52.8% |
| Amounts receivable within one year | 40/41 | €4,309 | €0 | -€4,309 | -100.0% |
| Other amounts receivable | 41 | €4,309 | €0 | -€4,309 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,949 | €15,851 | -€13,099 | -45.2% |
| Deferred charges and accrued income | 490/1 | €325 | €0 | -€325 | -100.0% |
| Total equity and liabilities | 10/49 | €303,764 | €306,283 | +€2,518 | +0.8% |
| Equity | 10/15 | €227,188 | €238,278 | +€11,089 | +4.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €208,638 | €219,728 | +€11,089 | +5.3% |
| Non-distributable reserves | 130/1 | €30 | €30 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30 | €30 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,430 | €1,430 | = | 0.0% |
| Distributable reserves | 133 | €207,179 | €218,268 | +€11,089 | +5.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €76,576 | €68,005 | -€8,571 | -11.2% |
| Amounts payable within one year | 42/48 | €74,368 | €66,532 | -€7,836 | -10.5% |
| Trade debts | 44 | €462 | €0 | -€462 | -100.0% |
| Suppliers | 440/4 | €462 | €0 | -€462 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,022 | €11,390 | +€6,368 | +126.8% |
| Taxes | 450/3 | €5,022 | €11,390 | +€6,368 | +126.8% |
| Other amounts payable | 47/48 | €68,883 | €55,142 | -€13,741 | -19.9% |
| Accrued charges and deferred income | 492/3 | €2,208 | €1,473 | -€735 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,778 | €3,121 | -€5,657 | -64.4% |
| Other operating charges | 640/8 | €2,965 | €4,548 | +€1,583 | +53.4% |
| Gross operating margin | 9900 | €80,879 | €76,165 | -€4,714 | -5.8% |
| Operating profit (loss) | 9901 | €69,136 | €68,496 | -€640 | -0.9% |
| Financial income | 75/76B | €325 | €0 | -€325 | -100.0% |
| Recurring financial income | 75 | €325 | €0 | -€325 | -100.0% |
| Financial charges | 65/66B | €1,881 | €1,258 | -€623 | -33.1% |
| Recurring financial charges | 65 | €1,881 | €1,258 | -€623 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €67,580 | €67,238 | -€343 | -0.5% |
| Income taxes | 67/77 | €21,022 | €21,713 | +€690 | +3.3% |
| Profit (loss) for the period | 9904 | €46,558 | €45,525 | -€1,033 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,558 | €45,525 | -€1,033 | -2.2% |
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 7 October 2026 via checked.be.