CANABO: 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.
CANABO
Largest movements
- Tangible fixed assets +€413,731
up €413,731 (+131%), from €315,228 to €728,959
of which Land and buildings: +€417,018
- Receivables within one year -€22,379
down €22,379 (-86.1%), from €25,981 to €3,602
of which Trade receivables: -€21,309
- Cash +€10,952
up €10,952 (+762%), from €1,437 to €12,389
mainly Contributions, distributions and other (+€220,000) and Debts after one year (+€213,064)
- Contributions +€220,000
up €220,000 (+167%), from €132,033 to €352,033
- Debts after one year +€213,064
up €213,064 (+127%), from €167,210 to €380,274
- Profit (loss) carried forward -€34,643
down €34,643 (-102%), from -€33,930 to -€68,573
- Tax, wage and social debts +€9,456
up €9,456 (+217%), from €4,366 to €13,822
of which Taxes: +€5,562
- Financial charges +€5,475
up €5,475 (+35.7%), from €15,354 to €20,829
- Other operating charges -€2,533
down €2,533 (-31.2%), from €8,129 to €5,596
- Depreciation +€1,954
up €1,954 (+3.3%), from €59,314 to €61,268
- Financial income +€940
up €940 (+580%), from €162 to €1,102
- Gross operating margin +€766
up €766 (+1.5%), from €51,747 to €52,513
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 | €348,533 | €751,044 | +€402,511 | +115% |
| Fixed assets | 21/28 | €318,128 | €731,859 | +€413,731 | +130% |
| Tangible fixed assets | 22/27 | €315,228 | €728,959 | +€413,731 | +131% |
| Land and buildings | 22 | €301,696 | €718,714 | +€417,018 | +138% |
| Plant, machinery and equipment | 23 | €6,646 | €5,478 | -€1,168 | -17.6% |
| Furniture and vehicles | 24 | €6,886 | €4,767 | -€2,119 | -30.8% |
| Financial fixed assets | 28 | €2,900 | €2,900 | = | 0.0% |
| Current assets | 29/58 | €30,405 | €19,185 | -€11,220 | -36.9% |
| Amounts receivable within one year | 40/41 | €25,981 | €3,602 | -€22,379 | -86.1% |
| Trade receivables | 40 | €22,911 | €1,602 | -€21,309 | -93.0% |
| Other amounts receivable | 41 | €3,070 | €2,000 | -€1,070 | -34.9% |
| Cash at bank and in hand | 54/58 | €1,437 | €12,389 | +€10,952 | +762% |
| Deferred charges and accrued income | 490/1 | €2,987 | €3,194 | +€207 | +6.9% |
| Total equity and liabilities | 10/49 | €348,533 | €751,044 | +€402,511 | +115% |
| Equity | 10/15 | €98,103 | €283,460 | +€185,357 | +189% |
| Contributions | 10/11 | €132,033 | €352,033 | +€220,000 | +167% |
| Profit (loss) carried forward | 14 | -€33,930 | -€68,573 | -€34,643 | -102% |
| Amounts payable | 17/49 | €250,430 | €467,584 | +€217,154 | +86.7% |
| Amounts payable after more than one year | 17 | €167,210 | €380,274 | +€213,064 | +127% |
| Financial debts | 170/4 | €167,210 | €380,274 | +€213,064 | +127% |
| Amounts payable within one year | 42/48 | €68,564 | €75,253 | +€6,689 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €32,318 | €29,491 | -€2,827 | -8.7% |
| Trade debts | 44 | €7,489 | €14,311 | +€6,822 | +91.1% |
| Suppliers | 440/4 | €7,489 | €14,311 | +€6,822 | +91.1% |
| Taxes, remuneration and social security | 45 | €4,366 | €13,822 | +€9,456 | +217% |
| Taxes | 450/3 | €4,366 | €9,928 | +€5,562 | +127% |
| Remuneration and social security | 454/9 | - | €3,894 | +€3,894 | |
| Other amounts payable | 47/48 | €24,391 | €17,629 | -€6,762 | -27.7% |
| Accrued charges and deferred income | 492/3 | €14,656 | €12,057 | -€2,599 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,314 | €61,268 | +€1,954 | +3.3% |
| Other operating charges | 640/8 | €8,129 | €5,596 | -€2,533 | -31.2% |
| Gross operating margin | 9900 | €51,747 | €52,513 | +€766 | +1.5% |
| Operating profit (loss) | 9901 | -€15,696 | -€14,351 | +€1,345 | +8.6% |
| Financial income | 75/76B | €162 | €1,102 | +€940 | +580% |
| Recurring financial income | 75 | €162 | €1,102 | +€940 | +580% |
| Financial charges | 65/66B | €15,354 | €20,829 | +€5,475 | +35.7% |
| Recurring financial charges | 65 | €15,354 | €20,829 | +€5,475 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | -€30,888 | -€34,078 | -€3,190 | -10.3% |
| Income taxes | 67/77 | €466 | €565 | +€99 | +21.2% |
| Profit (loss) for the period | 9904 | -€31,354 | -€34,643 | -€3,289 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,354 | -€34,643 | -€3,289 | -10.5% |
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 29 October 2026 via checked.be.