B. Canivet Consulting: 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.
B. Canivet Consulting
Largest movements
- Current investments +€105,776
up €105,776 (+43.1%), from €245,224 to €351,000
- Cash -€67,550
down €67,550 (-78.7%), from €85,806 to €18,255
mainly Current investments (-€105,776) and Tax, wage and social debts (-€76,220)
- Receivables within one year -€6,424
down €6,424 (-11.9%), from €53,897 to €47,473
- Reserves +€94,410
up €94,410 (+34.6%), from €272,480 to €366,890
- Tax, wage and social debts -€76,220
down €76,220 (-81.4%), from €93,608 to €17,388
- Other debts +€14,254
up €14,254 (+126%), from €11,313 to €25,567
- Gross operating margin -€30,109
down €30,109 (-19.2%), from €157,080 to €126,971
- Taxes -€8,986
down €8,986 (-19.3%), from €46,475 to €37,489
- Financial income +€2,440
up €2,440 (+69.6%), from €3,506 to €5,946
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 | €385,249 | €417,881 | +€32,632 | +8.5% |
| Fixed assets | 21/28 | - | €762 | +€762 | |
| Tangible fixed assets | 22/27 | - | €762 | +€762 | |
| Furniture and vehicles | 24 | - | €762 | +€762 | |
| Current assets | 29/58 | €385,249 | €417,119 | +€31,870 | +8.3% |
| Amounts receivable within one year | 40/41 | €53,897 | €47,473 | -€6,424 | -11.9% |
| Trade receivables | 40 | €53,897 | €47,473 | -€6,424 | -11.9% |
| Current investments | 50/53 | €245,224 | €351,000 | +€105,776 | +43.1% |
| Cash at bank and in hand | 54/58 | €85,806 | €18,255 | -€67,550 | -78.7% |
| Deferred charges and accrued income | 490/1 | €323 | €391 | +€68 | +21.1% |
| Total equity and liabilities | 10/49 | €385,249 | €417,881 | +€32,632 | +8.5% |
| Equity | 10/15 | €277,480 | €371,890 | +€94,410 | +34.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €272,480 | €366,890 | +€94,410 | +34.6% |
| Distributable reserves | 133 | €272,480 | €366,890 | +€94,410 | +34.6% |
| Amounts payable | 17/49 | €107,770 | €45,991 | -€61,778 | -57.3% |
| Amounts payable within one year | 42/48 | €107,770 | €45,991 | -€61,778 | -57.3% |
| Financial debts | 43 | - | €492 | +€492 | |
| Credit institutions | 430/8 | - | €492 | +€492 | |
| Trade debts | 44 | €2,849 | €2,545 | -€304 | -10.7% |
| Suppliers | 440/4 | €2,849 | €2,545 | -€304 | -10.7% |
| Taxes, remuneration and social security | 45 | €93,608 | €17,388 | -€76,220 | -81.4% |
| Taxes | 450/3 | €93,608 | €17,388 | -€76,220 | -81.4% |
| Other amounts payable | 47/48 | €11,313 | €25,567 | +€14,254 | +126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €375 | +€375 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €157,080 | €126,971 | -€30,109 | -19.2% |
| Operating profit (loss) | 9901 | €156,692 | €126,196 | -€30,496 | -19.5% |
| Financial income | 75/76B | €3,506 | €5,946 | +€2,440 | +69.6% |
| Recurring financial income | 75 | €3,506 | €5,946 | +€2,440 | +69.6% |
| Financial charges | 65/66B | €193 | €244 | +€51 | +26.5% |
| Recurring financial charges | 65 | €193 | €244 | +€51 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €160,006 | €131,899 | -€28,107 | -17.6% |
| Income taxes | 67/77 | €46,475 | €37,489 | -€8,986 | -19.3% |
| Profit (loss) for the period | 9904 | €113,531 | €94,410 | -€19,121 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €113,531 | €94,410 | -€19,121 | -16.8% |
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 1 November 2026 via checked.be.