LA CADOLE: 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.
LA CADOLE
Largest movements
- Receivables within one year -€131,829
down €131,829 (-16.9%), from €778,756 to €646,927
of which Trade receivables: -€213,147
- Tangible fixed assets -€104,285
down €104,285 (-7.7%), from €1.3m to €1.2m
of which Furniture and vehicles: -€74,836
- Cash +€87,802
up €87,802 (+37.7%), from €232,729 to €320,531
mainly Depreciation (+€264,902) and Receivables within one year (+€131,829)
- Deferred charges and accrued income +€28,290
up €28,290 (+9.3%), from €305,561 to €333,851
- Tax, wage and social debts -€152,928
down €152,928 (-30.5%), from €501,279 to €348,351
of which Remuneration and social security: -€88,012
- Trade debts +€124,109
up €124,109 (+172%), from €72,274 to €196,383
- Reserves -€55,232
down €55,232 (-3.0%), from €1.9m to €1.8m
- Debts after one year -€51,103
down €51,103 (-40.2%), from €127,107 to €76,004
- Short-term financial debts +€50,157
new in 2025: €50,157
- Gross operating margin +€284,538
up €284,538 (+10.3%), from €2.8m to €3.0m
- Staff costs +€113,463
up €113,463 (+4.9%), from €2.3m to €2.4m
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 | €2,665,858 | €2,545,836 | -€120,022 | -4.5% |
| Fixed assets | 21/28 | €1,348,812 | €1,244,527 | -€104,285 | -7.7% |
| Tangible fixed assets | 22/27 | €1,348,812 | €1,244,527 | -€104,285 | -7.7% |
| Land and buildings | 22 | €15,829 | €13,502 | -€2,327 | -14.7% |
| Plant, machinery and equipment | 23 | €1,079,727 | €1,052,604 | -€27,123 | -2.5% |
| Furniture and vehicles | 24 | €253,256 | €178,420 | -€74,836 | -29.5% |
| Current assets | 29/58 | €1,317,046 | €1,301,309 | -€15,737 | -1.2% |
| Amounts receivable within one year | 40/41 | €778,756 | €646,927 | -€131,829 | -16.9% |
| Trade receivables | 40 | €732,092 | €518,945 | -€213,147 | -29.1% |
| Other amounts receivable | 41 | €46,664 | €127,983 | +€81,319 | +174% |
| Cash at bank and in hand | 54/58 | €232,729 | €320,531 | +€87,802 | +37.7% |
| Deferred charges and accrued income | 490/1 | €305,561 | €333,851 | +€28,290 | +9.3% |
| Total equity and liabilities | 10/49 | €2,665,858 | €2,545,836 | -€120,022 | -4.5% |
| Equity | 10/15 | €1,866,703 | €1,811,471 | -€55,232 | -3.0% |
| Reserves | 13 | €1,866,753 | €1,811,521 | -€55,232 | -3.0% |
| Profit (loss) carried forward | 14 | -€50 | -€50 | = | 0.0% |
| Amounts payable | 17/49 | €799,155 | €734,365 | -€64,790 | -8.1% |
| Amounts payable after more than one year | 17 | €127,107 | €76,004 | -€51,103 | -40.2% |
| Financial debts | 170/4 | €127,107 | €76,004 | -€51,103 | -40.2% |
| Amounts payable within one year | 42/48 | €672,048 | €646,361 | -€25,687 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €98,495 | €51,103 | -€47,392 | -48.1% |
| Financial debts | 43 | - | €50,157 | +€50,157 | |
| Credit institutions | 430/8 | - | €50,157 | +€50,157 | |
| Trade debts | 44 | €72,274 | €196,383 | +€124,109 | +172% |
| Suppliers | 440/4 | €72,274 | €196,383 | +€124,109 | +172% |
| Taxes, remuneration and social security | 45 | €501,279 | €348,351 | -€152,928 | -30.5% |
| Taxes | 450/3 | €64,916 | - | -€64,916 | |
| Remuneration and social security | 454/9 | €436,363 | €348,351 | -€88,012 | -20.2% |
| Accrued charges and deferred income | 492/3 | - | €12,000 | +€12,000 | |
| Non-recurring operating income | 76A | - | €235,889 | +€235,889 | |
| Remuneration, social security and pensions | 62 | €2,328,948 | €2,442,411 | +€113,463 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278,419 | €264,902 | -€13,517 | -4.9% |
| Other operating charges | 640/8 | €1,297 | €2,780 | +€1,483 | +114% |
| Non-recurring operating charges | 66A | €261,638 | €371,143 | +€109,505 | +41.9% |
| Gross operating margin | 9900 | €2,756,135 | €3,040,673 | +€284,538 | +10.3% |
| Operating profit (loss) | 9901 | -€114,167 | -€40,564 | +€73,603 | +64.5% |
| Financial income | 75/76B | - | €278 | +€278 | |
| Recurring financial income | 75 | - | €278 | +€278 | |
| Financial charges | 65/66B | €11,979 | €15,256 | +€3,277 | +27.4% |
| Recurring financial charges | 65 | €11,979 | €15,256 | +€3,277 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | -€126,146 | -€55,542 | +€70,604 | +56.0% |
| Income taxes | 67/77 | - | -€310 | -€310 | |
| Profit (loss) for the period | 9904 | -€126,146 | -€55,232 | +€70,914 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€126,146 | -€55,232 | +€70,914 | +56.2% |
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.