CADI: 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.
CADI
Largest movements
- Tangible fixed assets -€4,869
down €4,869 (-2.1%), from €228,031 to €223,162
of which Furniture and vehicles: -€4,080
- Debts after one year -€12,784
down €12,784 (-10.8%), from €118,476 to €105,692
- Taxes +€1,058
up €1,058 (+50.1%), from €2,114 to €3,172
- Financial charges -€730
down €730 (-8.2%), from €8,908 to €8,179
- Gross operating margin -€659
down €659 (-2.9%), from €23,006 to €22,347
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 | €385,792 | €379,486 | -€6,305 | -1.6% |
| Fixed assets | 21/28 | €228,031 | €223,162 | -€4,869 | -2.1% |
| Tangible fixed assets | 22/27 | €228,031 | €223,162 | -€4,869 | -2.1% |
| Land and buildings | 22 | €216,004 | €215,215 | -€789 | -0.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €12,027 | €7,947 | -€4,080 | -33.9% |
| Current assets | 29/58 | €157,760 | €156,324 | -€1,436 | -0.9% |
| Amounts receivable within one year | 40/41 | €157,395 | €155,810 | -€1,585 | -1.0% |
| Trade receivables | 40 | €22,920 | €34,631 | +€11,711 | +51.1% |
| Other amounts receivable | 41 | €134,475 | €121,178 | -€13,297 | -9.9% |
| Cash at bank and in hand | 54/58 | €365 | €514 | +€149 | +40.8% |
| Total equity and liabilities | 10/49 | €385,792 | €379,486 | -€6,305 | -1.6% |
| Equity | 10/15 | €243,127 | €246,420 | +€3,293 | +1.4% |
| Contributions | 10/11 | €101,636 | €101,636 | = | 0.0% |
| Capital | 10 | €101,636 | €101,636 | = | 0.0% |
| Issued capital | 100 | €101,636 | €101,636 | = | 0.0% |
| Revaluation surpluses | 12 | €189,000 | €189,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,510 | -€57,217 | +€3,293 | +5.4% |
| Amounts payable | 17/49 | €142,665 | €133,066 | -€9,599 | -6.7% |
| Amounts payable after more than one year | 17 | €118,476 | €105,692 | -€12,784 | -10.8% |
| Financial debts | 170/4 | €118,476 | €105,692 | -€12,784 | -10.8% |
| Amounts payable within one year | 42/48 | €24,189 | €27,375 | +€3,186 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €12,010 | €12,784 | +€775 | +6.4% |
| Trade debts | 44 | €7,237 | €9,648 | +€2,411 | +33.3% |
| Suppliers | 440/4 | €7,237 | €9,648 | +€2,411 | +33.3% |
| Other amounts payable | 47/48 | €4,943 | €4,943 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,697 | €4,869 | +€172 | +3.7% |
| Other operating charges | 640/8 | €2,936 | €2,836 | -€100 | -3.4% |
| Gross operating margin | 9900 | €23,006 | €22,347 | -€659 | -2.9% |
| Operating profit (loss) | 9901 | €15,374 | €14,642 | -€732 | -4.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €8,908 | €8,179 | -€730 | -8.2% |
| Recurring financial charges | 65 | €8,908 | €8,179 | -€730 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €6,466 | €6,465 | -€1 | 0.0% |
| Income taxes | 67/77 | €2,114 | €3,172 | +€1,058 | +50.1% |
| Profit (loss) for the period | 9904 | €4,352 | €3,293 | -€1,059 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,352 | €3,293 | -€1,059 | -24.3% |
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.