CANALDOC: 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.
CANALDOC
Largest movements
- Current investments +€90,590
new in 2025: €90,590
- Receivables within one year +€19,145
up €19,145 (+193.9%), from €9,874 to €29,020
of which Other amounts receivable: +€18,290
- Cash +€18,067
up €18,067 (+12.8%), from €141,317 to €159,384
mainly Net result for the year (+€130,150) and Tax, wage and social debts (+€4,059)
- Deferred charges and accrued income +€7,714
up €7,714 (+45.7%), from €16,893 to €24,608
- Profit (loss) carried forward +€130,150
up €130,150 (+80.9%), from €160,872 to €291,022
- Tax, wage and social debts +€4,059
up €4,059 (+135.2%), from €3,002 to €7,061
- Gross operating margin -€44,598
down €44,598 (-21.1%), from €211,406 to €166,808
- Taxes -€10,138
down €10,138 (-20.9%), from €48,602 to €38,464
- Financial income +€3,389
up €3,389 (+877.6%), from €386 to €3,775
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 | €169,755 | €304,392 | +€134,636 | +79.3% |
| Fixed assets | 21/28 | €1,671 | €790 | -€880 | -52.7% |
| Tangible fixed assets | 22/27 | €1,671 | €790 | -€880 | -52.7% |
| Furniture and vehicles | 24 | €1,671 | €790 | -€880 | -52.7% |
| Current assets | 29/58 | €168,085 | €303,601 | +€135,517 | +80.6% |
| Amounts receivable within one year | 40/41 | €9,874 | €29,020 | +€19,145 | +193.9% |
| Trade receivables | 40 | - | €855 | +€855 | |
| Other amounts receivable | 41 | €9,874 | €28,165 | +€18,290 | +185.2% |
| Current investments | 50/53 | - | €90,590 | +€90,590 | |
| Cash at bank and in hand | 54/58 | €141,317 | €159,384 | +€18,067 | +12.8% |
| Deferred charges and accrued income | 490/1 | €16,893 | €24,608 | +€7,714 | +45.7% |
| Total equity and liabilities | 10/49 | €169,755 | €304,392 | +€134,636 | +79.3% |
| Equity | 10/15 | €165,872 | €296,022 | +€130,150 | +78.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,872 | €291,022 | +€130,150 | +80.9% |
| Amounts payable | 17/49 | €3,884 | €8,370 | +€4,486 | +115.5% |
| Amounts payable within one year | 42/48 | €3,884 | €7,836 | +€3,952 | +101.8% |
| Trade debts | 44 | €882 | €775 | -€107 | -12.1% |
| Suppliers | 440/4 | €882 | €775 | -€107 | -12.1% |
| Taxes, remuneration and social security | 45 | €3,002 | €7,061 | +€4,059 | +135.2% |
| Taxes | 450/3 | €3,002 | €7,061 | +€4,059 | +135.2% |
| Accrued charges and deferred income | 492/3 | - | €534 | +€534 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €970 | €880 | -€90 | -9.3% |
| Other operating charges | 640/8 | €1,348 | €600 | -€748 | -55.5% |
| Gross operating margin | 9900 | €211,406 | €166,808 | -€44,598 | -21.1% |
| Operating profit (loss) | 9901 | €209,087 | €165,327 | -€43,760 | -20.9% |
| Financial income | 75/76B | €386 | €3,775 | +€3,389 | +877.6% |
| Recurring financial income | 75 | €386 | €3,775 | +€3,389 | +877.6% |
| Financial charges | 65/66B | - | €488 | +€488 | |
| Recurring financial charges | 65 | - | €488 | +€488 | |
| Profit (loss) for the period before taxes | 9903 | €209,473 | €168,614 | -€40,859 | -19.5% |
| Income taxes | 67/77 | €48,602 | €38,464 | -€10,138 | -20.9% |
| Profit (loss) for the period | 9904 | €160,872 | €130,150 | -€30,722 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €160,872 | €130,150 | -€30,722 | -19.1% |
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 8 October 2026 via checked.be.