AUTOBUSSEN CANNAERTS: 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.
What changed
AUTOBUSSEN CANNAERTS
NACE 49.320, Non-scheduled passenger transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,795
2024 · €158,789-€140,994
Equity
€950,656
2024 · €932,861+€17,795
Cash
€110,529
2024 · €100,967+€9,562
Balance sheet total
€2.5m
2024 · €2.7m-€234,797
Largest movements
Assets
- Tangible fixed assets -€214,578
down €214,578 (-9.4%), from €2.3m to €2.1m
of which Furniture and vehicles: -€124,809
- Receivables within one year -€52,097
down €52,097 (-18.0%), from €288,854 to €236,757
of which Trade receivables: -€36,345
Equity and liabilities
- Debts after one year -€126,185
down €126,185 (-10.0%), from €1.3m to €1.1m
- Trade debts -€88,420
down €88,420 (-49.0%), from €180,533 to €92,113
Income statement
- Staff costs +€147,898
up €147,898 (+32.7%), from €451,977 to €599,876
- Gross operating margin +€69,880
up €69,880 (+6.6%), from €1.1m to €1.1m
- Depreciation +€48,771
up €48,771 (+14.1%), from €345,302 to €394,074
- Other operating charges +€14,495
up €14,495 (+50.3%), from €28,788 to €43,283
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.
Result 2024
€158,789
Gross operating margin
+€69,880
Staff costs
-€147,898
Depreciation
-€48,771
Write-downs
+€1,166
Other operating charges
-€14,495
Financial income
-€4,629
Financial charges
+€2,803
Taxes
+€950
Result 2025
€17,795
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.
From operations
+€337,834
Investment
-€178,922
Financing
-€149,350
Cash 2024
€100,967
From operations (derived)
+€337,834
Net result for the year
+€17,795
Depreciation
+€394,074
Stocks and contracts
-€7,781
Receivables within one year
+€52,097
Deferred charges and accrued income
-€15,109
Trade debts
-€88,420
Tax, wage and social debts
+€338
Other debts
-€11,718
Accrued charges and deferred income
-€3,443
Investment (derived)
-€178,922
Investment in fixed assets (net)
-€178,922
Financing
-€149,350
Debts after one year
-€126,185
Current portion of long-term debt
-€23,165
Cash 2025
€110,529
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,690,355 | €2,455,558 | -€234,797 | -8.7% |
| Fixed assets | 21/28 | €2,295,649 | €2,080,497 | -€215,152 | -9.4% |
| Intangible fixed assets | 21 | €574 | - | -€574 | |
| Tangible fixed assets | 22/27 | €2,294,875 | €2,080,297 | -€214,578 | -9.4% |
| Land and buildings | 22 | €669,947 | €656,724 | -€13,222 | -2.0% |
| Plant, machinery and equipment | 23 | €54,400 | €46,235 | -€8,166 | -15.0% |
| Furniture and vehicles | 24 | €486,700 | €361,891 | -€124,809 | -25.6% |
| Leasing and similar rights | 25 | €1,083,828 | €997,235 | -€86,593 | -8.0% |
| Assets under construction and advance payments | 27 | - | €18,212 | +€18,212 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €394,706 | €375,061 | -€19,646 | -5.0% |
| Stocks and contracts in progress | 3 | - | €7,781 | +€7,781 | |
| Stocks | 30/36 | - | €7,781 | +€7,781 | |
| Amounts receivable within one year | 40/41 | €288,854 | €236,757 | -€52,097 | -18.0% |
| Trade receivables | 40 | €202,637 | €166,292 | -€36,345 | -17.9% |
| Other amounts receivable | 41 | €86,217 | €70,464 | -€15,753 | -18.3% |
| Cash at bank and in hand | 54/58 | €100,967 | €110,529 | +€9,562 | +9.5% |
| Deferred charges and accrued income | 490/1 | €4,885 | €19,994 | +€15,109 | +309.3% |
| Total equity and liabilities | 10/49 | €2,690,355 | €2,455,558 | -€234,797 | -8.7% |
| Equity | 10/15 | €932,861 | €950,656 | +€17,795 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €510,091 | €510,091 | = | 0.0% |
| Tax-exempt reserves | 132 | €66,410 | €66,410 | = | 0.0% |
| Distributable reserves | 133 | €443,681 | €443,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | €404,170 | €421,965 | +€17,795 | +4.4% |
| Amounts payable | 17/49 | €1,757,494 | €1,504,902 | -€252,593 | -14.4% |
| Amounts payable after more than one year | 17 | €1,259,307 | €1,133,123 | -€126,185 | -10.0% |
| Financial debts | 170/4 | €1,259,307 | €1,133,123 | -€126,185 | -10.0% |
| Amounts payable within one year | 42/48 | €494,743 | €371,779 | -€122,964 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €239,224 | €216,059 | -€23,165 | -9.7% |
| Trade debts | 44 | €180,533 | €92,113 | -€88,420 | -49.0% |
| Suppliers | 440/4 | €180,533 | €92,113 | -€88,420 | -49.0% |
| Taxes, remuneration and social security | 45 | €62,569 | €62,907 | +€338 | +0.5% |
| Taxes | 450/3 | €7,584 | €3,166 | -€4,418 | -58.2% |
| Remuneration and social security | 454/9 | €54,984 | €59,740 | +€4,756 | +8.6% |
| Other amounts payable | 47/48 | €12,418 | €700 | -€11,718 | -94.4% |
| Accrued charges and deferred income | 492/3 | €3,443 | - | -€3,443 | |
| Non-recurring operating income | 76A | €43,087 | €11,503 | -€31,584 | -73.3% |
| Remuneration, social security and pensions | 62 | €451,977 | €599,876 | +€147,898 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €345,302 | €394,074 | +€48,771 | +14.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,166 | - | -€1,166 | |
| Other operating charges | 640/8 | €28,788 | €43,283 | +€14,495 | +50.3% |
| Gross operating margin | 9900 | €1,055,986 | €1,125,866 | +€69,880 | +6.6% |
| Operating profit (loss) | 9901 | €228,752 | €88,634 | -€140,118 | -61.3% |
| Financial income | 75/76B | €4,638 | €9 | -€4,629 | -99.8% |
| Recurring financial income | 75 | €4,638 | €9 | -€4,629 | -99.8% |
| Non-recurring financial income | 76B | - | €9 | +€9 | |
| Financial charges | 65/66B | €57,663 | €54,859 | -€2,803 | -4.9% |
| Recurring financial charges | 65 | €57,663 | €52,113 | -€5,550 | -9.6% |
| Non-recurring financial charges | 66B | - | €2,746 | +€2,746 | |
| Profit (loss) for the period before taxes | 9903 | €175,728 | €33,784 | -€141,944 | -80.8% |
| Income taxes | 67/77 | €16,939 | €15,989 | -€950 | -5.6% |
| Profit (loss) for the period | 9904 | €158,789 | €17,795 | -€140,994 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €158,789 | €17,795 | -€140,994 | -88.8% |
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 8 October 2026 via checked.be.