CAN03: 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.
CAN03
Largest movements
- Cash -€7,260
down €7,260 (-51.9%), from €13,986 to €6,727
mainly Net result for the year (-€18,052) and Stocks and contracts (-€6,500)
- Stocks and contracts +€6,500
up €6,500 (+197.0%), from €3,300 to €9,800
- Receivables within one year +€3,182
up €3,182 (+19.7%), from €16,155 to €19,338
of which Other amounts receivable: +€2,978
- Intangible fixed assets -€1,800
down €1,800 (-14.3%), from €12,600 to €10,800
- Tangible fixed assets +€1,399
up €1,399 (+820.6%), from €171 to €1,570
of which Plant, machinery and equipment: +€1,570
- Profit (loss) carried forward -€18,052
down €18,052 (-88.4%), from €20,431 to €2,379
- Other debts +€12,000
new in 2025: €12,000
- Tax, wage and social debts +€8,677
up €8,677 (+162.6%), from €5,336 to €14,013
- Trade debts -€1,627
down €1,627 (-46.9%), from €3,469 to €1,842
- Taxes +€13,594
up €13,594 (+6382.4%), from €213 to €13,807
- Gross operating margin -€7,949
down €7,949 (-63.1%), from €12,589 to €4,640
- Other operating charges -€1,068
down €1,068 (-14.2%), from €7,538 to €6,470
- Financial charges +€159
up €159 (+57.6%), from €276 to €435
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,236 | €48,234 | +€999 | +2.1% |
| Fixed assets | 21/28 | €12,771 | €12,370 | -€401 | -3.1% |
| Intangible fixed assets | 21 | €12,600 | €10,800 | -€1,800 | -14.3% |
| Tangible fixed assets | 22/27 | €171 | €1,570 | +€1,399 | +820.6% |
| Plant, machinery and equipment | 23 | - | €1,570 | +€1,570 | |
| Furniture and vehicles | 24 | €171 | - | -€171 | |
| Current assets | 29/58 | €34,465 | €35,864 | +€1,399 | +4.1% |
| Stocks and contracts in progress | 3 | €3,300 | €9,800 | +€6,500 | +197.0% |
| Stocks | 30/36 | €3,300 | €9,800 | +€6,500 | +197.0% |
| Amounts receivable within one year | 40/41 | €16,155 | €19,338 | +€3,182 | +19.7% |
| Trade receivables | 40 | - | €204 | +€204 | |
| Other amounts receivable | 41 | €16,155 | €19,133 | +€2,978 | +18.4% |
| Cash at bank and in hand | 54/58 | €13,986 | €6,727 | -€7,260 | -51.9% |
| Deferred charges and accrued income | 490/1 | €1,023 | - | -€1,023 | |
| Total equity and liabilities | 10/49 | €47,236 | €48,234 | +€999 | +2.1% |
| Equity | 10/15 | €38,431 | €20,379 | -€18,052 | -47.0% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,431 | €2,379 | -€18,052 | -88.4% |
| Amounts payable | 17/49 | €8,805 | €27,855 | +€19,050 | +216.4% |
| Amounts payable within one year | 42/48 | €8,805 | €27,855 | +€19,050 | +216.4% |
| Trade debts | 44 | €3,469 | €1,842 | -€1,627 | -46.9% |
| Suppliers | 440/4 | €3,469 | €1,842 | -€1,627 | -46.9% |
| Taxes, remuneration and social security | 45 | €5,336 | €14,013 | +€8,677 | +162.6% |
| Taxes | 450/3 | €5,336 | €14,013 | +€8,677 | +162.6% |
| Other amounts payable | 47/48 | - | €12,000 | +€12,000 | |
| Remuneration, social security and pensions | 62 | -€53 | - | +€53 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,103 | €1,979 | -€124 | -5.9% |
| Other operating charges | 640/8 | €7,538 | €6,470 | -€1,068 | -14.2% |
| Gross operating margin | 9900 | €12,589 | €4,640 | -€7,949 | -63.1% |
| Operating profit (loss) | 9901 | €3,001 | -€3,809 | -€6,811 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -80.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -80.6% |
| Financial charges | 65/66B | €276 | €435 | +€159 | +57.6% |
| Recurring financial charges | 65 | €276 | €435 | +€159 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | €2,726 | -€4,245 | -€6,970 | |
| Income taxes | 67/77 | €213 | €13,807 | +€13,594 | +6382.4% |
| Profit (loss) for the period | 9904 | €2,513 | -€18,052 | -€20,564 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,513 | -€18,052 | -€20,564 |
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 5 October 2026 via checked.be.