BOUWONDERNEMING CANNEYT: 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.
BOUWONDERNEMING CANNEYT
Largest movements
- Stocks and contracts -€673,292
down €673,292 (-46.3%), from €1.5m to €780,326
of which Stocks: -€611,705
- Cash -€62,139
down €62,139 (-62.7%), from €99,045 to €36,906
mainly Short-term financial debts (-€495,000) and Trade debts (-€173,244)
- Short-term financial debts -€495,000
down €495,000 (-81.1%), from €610,000 to €115,000
- Trade debts -€173,244
down €173,244 (-87.4%), from €198,177 to €24,933
- Reserves -€123,168
down €123,168 (-14.9%), from €826,212 to €703,044
of which Distributable reserves: -€123,168
- Advances received +€33,613
new in 2025: €33,613
- Gross operating margin +€324,940
up €324,940 (+92.7%), from -€350,520 to -€25,580
- Financial charges -€17,213
down €17,213 (-49.3%), from €34,887 to €17,674
- Staff costs -€11,866
down €11,866 (-13.5%), from €87,937 to €76,071
- Financial income +€5,639
up €5,639 (+39.9%), from €14,142 to €19,781
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 | €2,381,453 | €1,612,740 | -€768,713 | -32.3% |
| Fixed assets | 21/28 | €310,228 | €295,542 | -€14,686 | -4.7% |
| Tangible fixed assets | 22/27 | €216,883 | €202,332 | -€14,551 | -6.7% |
| Land and buildings | 22 | €200,478 | €188,728 | -€11,751 | -5.9% |
| Plant, machinery and equipment | 23 | €16,404 | €13,604 | -€2,800 | -17.1% |
| Financial fixed assets | 28 | €93,345 | €93,210 | -€135 | -0.1% |
| Current assets | 29/58 | €2,071,225 | €1,317,197 | -€754,027 | -36.4% |
| Stocks and contracts in progress | 3 | €1,453,617 | €780,326 | -€673,292 | -46.3% |
| Stocks | 30/36 | €1,392,030 | €780,326 | -€611,705 | -43.9% |
| Contracts in progress | 37 | €61,587 | €0 | -€61,587 | -100% |
| Amounts receivable within one year | 40/41 | €508,061 | €497,346 | -€10,715 | -2.1% |
| Trade receivables | 40 | €77,874 | €28,142 | -€49,732 | -63.9% |
| Other amounts receivable | 41 | €430,187 | €469,203 | +€39,017 | +9.1% |
| Cash at bank and in hand | 54/58 | €99,045 | €36,906 | -€62,139 | -62.7% |
| Deferred charges and accrued income | 490/1 | €10,501 | €2,620 | -€7,882 | -75.1% |
| Total equity and liabilities | 10/49 | €2,381,453 | €1,612,740 | -€768,713 | -32.3% |
| Equity | 10/15 | €1,076,212 | €953,044 | -€123,168 | -11.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €826,212 | €703,044 | -€123,168 | -14.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €826,212 | €703,044 | -€123,168 | -14.9% |
| Amounts payable | 17/49 | €1,305,241 | €659,696 | -€645,546 | -49.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,304,248 | €658,940 | -€645,308 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €5,750 | €0 | -€5,750 | -100% |
| Financial debts | 43 | €610,000 | €115,000 | -€495,000 | -81.1% |
| Credit institutions | 430/8 | €610,000 | €115,000 | -€495,000 | -81.1% |
| Trade debts | 44 | €198,177 | €24,933 | -€173,244 | -87.4% |
| Suppliers | 440/4 | €198,177 | €24,933 | -€173,244 | -87.4% |
| Advances received on contracts in progress | 46 | - | €33,613 | +€33,613 | |
| Taxes, remuneration and social security | 45 | €16,361 | €12,311 | -€4,050 | -24.8% |
| Taxes | 450/3 | €4,695 | €549 | -€4,146 | -88.3% |
| Remuneration and social security | 454/9 | €11,666 | €11,761 | +€95 | +0.8% |
| Other amounts payable | 47/48 | €473,960 | €473,084 | -€877 | -0.2% |
| Accrued charges and deferred income | 492/3 | €993 | €755 | -€238 | -24.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €87,937 | €76,071 | -€11,866 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,113 | €14,551 | -€562 | -3.7% |
| Other operating charges | 640/8 | €9,070 | €8,195 | -€875 | -9.6% |
| Non-recurring operating charges | 66A | €24,924 | €0 | -€24,924 | -100% |
| Gross operating margin | 9900 | -€350,520 | -€25,580 | +€324,940 | +92.7% |
| Operating profit (loss) | 9901 | -€487,564 | -€124,396 | +€363,167 | +74.5% |
| Financial income | 75/76B | €14,142 | €19,781 | +€5,639 | +39.9% |
| Recurring financial income | 75 | €14,142 | €19,781 | +€5,639 | +39.9% |
| Financial charges | 65/66B | €34,887 | €17,674 | -€17,213 | -49.3% |
| Recurring financial charges | 65 | €34,887 | €17,674 | -€17,213 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | -€508,309 | -€122,290 | +€386,019 | +75.9% |
| Income taxes | 67/77 | €526 | €878 | +€352 | +67.0% |
| Profit (loss) for the period | 9904 | -€508,835 | -€123,168 | +€385,667 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€508,835 | -€123,168 | +€385,667 | +75.8% |
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 18 October 2026 via checked.be.