BERNARD CANONNE: 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.
BERNARD CANONNE
Largest movements
- Cash +€39,667
up €39,667 (+73.9%), from €53,665 to €93,332
mainly Other debts (+€19,477) and Net result for the year (+€12,072)
- Other debts +€19,477
up €19,477 (+10.1%), from €192,356 to €211,833
- Reserves +€12,000
up €12,000 (+3.7%), from €324,200 to €336,200
of which Distributable reserves: +€12,000
- Turnover +€60,000
new in 2025: €60,000
- Purchases and services +€41,121
new in 2025: €41,121
- Gross operating margin -€2,893
down €2,893 (-11.4%), from €25,358 to €22,464
- Depreciation -€1,378
down €1,378 (-50.5%), from €2,730 to €1,351
- Other operating charges -€1,187
down €1,187 (-55.1%), from €2,156 to €969
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 | €819,204 | €856,835 | +€37,631 | +4.6% |
| Fixed assets | 21/28 | €478,514 | €478,154 | -€360 | -0.1% |
| Tangible fixed assets | 22/27 | €19,911 | €19,551 | -€360 | -1.8% |
| Land and buildings | 22 | €12,165 | €19,551 | +€7,386 | +60.7% |
| Other tangible fixed assets | 26 | €7,746 | - | -€7,746 | |
| Financial fixed assets | 28 | €458,603 | €458,603 | = | 0.0% |
| Current assets | 29/58 | €340,690 | €378,681 | +€37,990 | +11.2% |
| Amounts receivable within one year | 40/41 | €287,025 | €285,348 | -€1,677 | -0.6% |
| Trade receivables | 40 | €280,866 | €280,866 | = | 0.0% |
| Other amounts receivable | 41 | €6,159 | €4,482 | -€1,677 | -27.2% |
| Cash at bank and in hand | 54/58 | €53,665 | €93,332 | +€39,667 | +73.9% |
| Total equity and liabilities | 10/49 | €819,204 | €856,835 | +€37,631 | +4.6% |
| Equity | 10/15 | €486,477 | €498,549 | +€12,072 | +2.5% |
| Contributions | 10/11 | €162,000 | €162,000 | = | 0.0% |
| Capital | 10 | €162,000 | €162,000 | = | 0.0% |
| Issued capital | 100 | €162,000 | €162,000 | = | 0.0% |
| Reserves | 13 | €324,200 | €336,200 | +€12,000 | +3.7% |
| Non-distributable reserves | 130/1 | €16,200 | €16,200 | = | 0.0% |
| Legal reserve | 130 | €16,200 | €16,200 | = | 0.0% |
| Distributable reserves | 133 | €308,000 | €320,000 | +€12,000 | +3.9% |
| Profit (loss) carried forward | 14 | €277 | €349 | +€72 | +26.0% |
| Amounts payable | 17/49 | €332,727 | €358,285 | +€25,559 | +7.7% |
| Amounts payable within one year | 42/48 | €193,599 | €214,158 | +€20,559 | +10.6% |
| Trade debts | 44 | €101 | €889 | +€788 | +780% |
| Suppliers | 440/4 | €101 | €889 | +€788 | +780% |
| Taxes, remuneration and social security | 45 | €1,142 | €1,436 | +€294 | +25.8% |
| Taxes | 450/3 | €1,142 | €1,436 | +€294 | +25.8% |
| Other amounts payable | 47/48 | €192,356 | €211,833 | +€19,477 | +10.1% |
| Accrued charges and deferred income | 492/3 | €139,127 | €144,127 | +€5,000 | +3.6% |
| Turnover | 70 | - | €60,000 | +€60,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €41,121 | +€41,121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,730 | €1,351 | -€1,378 | -50.5% |
| Other operating charges | 640/8 | €2,156 | €969 | -€1,187 | -55.1% |
| Gross operating margin | 9900 | €25,358 | €22,464 | -€2,893 | -11.4% |
| Operating profit (loss) | 9901 | €20,472 | €20,144 | -€328 | -1.6% |
| Financial charges | 65/66B | €5,108 | €5,054 | -€54 | -1.1% |
| Recurring financial charges | 65 | €5,108 | €5,054 | -€54 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €15,365 | €15,090 | -€275 | -1.8% |
| Income taxes | 67/77 | €3,841 | €3,018 | -€823 | -21.4% |
| Profit (loss) for the period | 9904 | €11,523 | €12,072 | +€549 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,523 | €12,072 | +€549 | +4.8% |
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 23 October 2026 via checked.be.