CANDEK OAK: 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.
CANDEK OAK
Largest movements
- Tangible fixed assets -€28,446
down €28,446 (-44.7%), from €63,574 to €35,128
of which Furniture and vehicles: -€24,208
- Receivables within one year -€15,057
down €15,057 (-47.4%), from €31,752 to €16,694
of which Trade receivables: -€14,798
- Cash -€3,001
down €3,001 (-2.7%), from €112,008 to €109,008
mainly Debts after one year (-€18,208) and Trade debts (-€11,858)
- Stocks and contracts +€2,200
up €2,200 (+27.8%), from €7,903 to €10,103
- Debts after one year -€18,208
down €18,208 (-23.7%), from €76,745 to €58,537
of which Advances received on contracts in progress: -€10,353
- Trade debts -€11,858
down €11,858 (-42.9%), from €27,651 to €15,794
- Current portion of long-term debt -€8,770
down €8,770 (-32.5%), from €26,978 to €18,208
- Tax, wage and social debts -€7,007
down €7,007 (-36.7%), from €19,090 to €12,084
of which Remuneration and social security: -€7,666
- Other debts +€5,641
up €5,641 (+63.8%), from €8,845 to €14,487
- Gross operating margin -€48,848
down €48,848 (-61.5%), from €79,427 to €30,579
- Staff costs -€32,303
down €32,303 (-98.3%), from €32,868 to €565
- Depreciation -€5,532
down €5,532 (-16.3%), from €33,979 to €28,446
- Financial charges -€1,863
down €1,863 (-25.6%), from €7,287 to €5,424
- Other operating charges -€1,443
down €1,443 (-55.1%), from €2,618 to €1,175
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 | €217,993 | €173,281 | -€44,712 | -20.5% |
| Fixed assets | 21/28 | €63,599 | €35,128 | -€28,471 | -44.8% |
| Tangible fixed assets | 22/27 | €63,574 | €35,128 | -€28,446 | -44.7% |
| Plant, machinery and equipment | 23 | €8,339 | €4,100 | -€4,238 | -50.8% |
| Furniture and vehicles | 24 | €55,236 | €31,028 | -€24,208 | -43.8% |
| Financial fixed assets | 28 | €25 | €0 | -€25 | -100% |
| Current assets | 29/58 | €154,394 | €138,153 | -€16,241 | -10.5% |
| Stocks and contracts in progress | 3 | €7,903 | €10,103 | +€2,200 | +27.8% |
| Stocks | 30/36 | €7,903 | €10,103 | +€2,200 | +27.8% |
| Amounts receivable within one year | 40/41 | €31,752 | €16,694 | -€15,057 | -47.4% |
| Trade receivables | 40 | €30,700 | €15,903 | -€14,798 | -48.2% |
| Other amounts receivable | 41 | €1,051 | €792 | -€260 | -24.7% |
| Cash at bank and in hand | 54/58 | €112,008 | €109,008 | -€3,001 | -2.7% |
| Deferred charges and accrued income | 490/1 | €2,731 | €2,348 | -€383 | -14.0% |
| Total equity and liabilities | 10/49 | €217,993 | €173,281 | -€44,712 | -20.5% |
| Equity | 10/15 | €58,682 | €53,651 | -€5,031 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,277 | €31,277 | = | 0.0% |
| Distributable reserves | 133 | €31,277 | €31,277 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,806 | €3,775 | -€5,031 | -57.1% |
| Amounts payable | 17/49 | €159,311 | €119,629 | -€39,681 | -24.9% |
| Amounts payable after more than one year | 17 | €76,745 | €58,537 | -€18,208 | -23.7% |
| Financial debts | 170/4 | €11,392 | €3,537 | -€7,855 | -69.0% |
| Advances received on contracts in progress | 176 | €10,353 | €0 | -€10,353 | -100% |
| Other amounts payable | 178/9 | €55,000 | €55,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €82,565 | €61,092 | -€21,473 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €26,978 | €18,208 | -€8,770 | -32.5% |
| Trade debts | 44 | €27,651 | €15,794 | -€11,858 | -42.9% |
| Suppliers | 440/4 | €27,651 | €15,794 | -€11,858 | -42.9% |
| Advances received on contracts in progress | 46 | - | €520 | +€520 | |
| Taxes, remuneration and social security | 45 | €19,090 | €12,084 | -€7,007 | -36.7% |
| Taxes | 450/3 | €6,261 | €6,921 | +€660 | +10.5% |
| Remuneration and social security | 454/9 | €12,829 | €5,163 | -€7,666 | -59.8% |
| Other amounts payable | 47/48 | €8,845 | €14,487 | +€5,641 | +63.8% |
| Remuneration, social security and pensions | 62 | €32,868 | €565 | -€32,303 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,979 | €28,446 | -€5,532 | -16.3% |
| Other operating charges | 640/8 | €2,618 | €1,175 | -€1,443 | -55.1% |
| Gross operating margin | 9900 | €79,427 | €30,579 | -€48,848 | -61.5% |
| Operating profit (loss) | 9901 | €9,962 | €393 | -€9,570 | -96.1% |
| Financial income | 75/76B | €39 | €0 | -€39 | -100% |
| Recurring financial income | 75 | €39 | €0 | -€39 | -100% |
| Financial charges | 65/66B | €7,287 | €5,424 | -€1,863 | -25.6% |
| Recurring financial charges | 65 | €7,287 | €5,424 | -€1,863 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €2,714 | -€5,031 | -€7,745 | |
| Income taxes | 67/77 | €717 | €0 | -€717 | -100.0% |
| Profit (loss) for the period | 9904 | €1,997 | -€5,031 | -€7,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,997 | -€5,031 | -€7,028 |
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.