CANDELA: 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.
CANDELA
Largest movements
- Receivables within one year +€35,541
up €35,541 (+20.0%), from €177,404 to €212,945
of which Other amounts receivable: +€28,355
- Current investments -€18,505
down €18,505 (-2.5%), from €737,481 to €718,976
No liability line moved by more than 1% of the balance sheet total.
- Financial charges +€13,182
up €13,182 (+80.5%), from €16,376 to €29,558
- Gross operating margin +€11,807
up €11,807 (+39.0%), from €30,238 to €42,045
- Taxes -€5,463
down €5,463 (-83.2%), from €6,565 to €1,102
- Staff costs +€3,629
up €3,629 (+12.4%), from €29,358 to €32,987
- Financial income +€3,548
up €3,548 (+13.9%), from €25,552 to €29,100
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 | €929,429 | €947,289 | +€17,860 | +1.9% |
| Fixed assets | 21/28 | €1,200 | €653 | -€547 | -45.6% |
| Tangible fixed assets | 22/27 | €1,200 | €653 | -€547 | -45.6% |
| Furniture and vehicles | 24 | €1,200 | €653 | -€547 | -45.6% |
| Current assets | 29/58 | €928,229 | €946,636 | +€18,407 | +2.0% |
| Amounts receivable within one year | 40/41 | €177,404 | €212,945 | +€35,541 | +20.0% |
| Trade receivables | 40 | €2,905 | €10,091 | +€7,186 | +247% |
| Other amounts receivable | 41 | €174,498 | €202,853 | +€28,355 | +16.2% |
| Current investments | 50/53 | €737,481 | €718,976 | -€18,505 | -2.5% |
| Cash at bank and in hand | 54/58 | €12,453 | €13,340 | +€887 | +7.1% |
| Deferred charges and accrued income | 490/1 | €891 | €1,376 | +€485 | +54.5% |
| Total equity and liabilities | 10/49 | €929,429 | €947,289 | +€17,860 | +1.9% |
| Equity | 10/15 | €718,529 | €723,545 | +€5,016 | +0.7% |
| Contributions | 10/11 | €14,300 | €14,300 | = | 0.0% |
| Reserves | 13 | €723,611 | €723,611 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,300 | €1,300 | = | 0.0% |
| Distributable reserves | 133 | €722,311 | €722,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,381 | -€14,365 | +€5,016 | +25.9% |
| Amounts payable | 17/49 | €210,900 | €223,744 | +€12,844 | +6.1% |
| Amounts payable within one year | 42/48 | €210,900 | €223,744 | +€12,844 | +6.1% |
| Trade debts | 44 | €2,137 | €962 | -€1,176 | -55.0% |
| Suppliers | 440/4 | €2,137 | €962 | -€1,176 | -55.0% |
| Taxes, remuneration and social security | 45 | €12,772 | €20,471 | +€7,699 | +60.3% |
| Taxes | 450/3 | €8,732 | €15,909 | +€7,178 | +82.2% |
| Remuneration and social security | 454/9 | €4,040 | €4,562 | +€521 | +12.9% |
| Other amounts payable | 47/48 | €195,991 | €202,312 | +€6,321 | +3.2% |
| Remuneration, social security and pensions | 62 | €29,358 | €32,987 | +€3,629 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €973 | €877 | -€95 | -9.8% |
| Other operating charges | 640/8 | €2,015 | €1,605 | -€410 | -20.3% |
| Gross operating margin | 9900 | €30,238 | €42,045 | +€11,807 | +39.0% |
| Operating profit (loss) | 9901 | -€2,108 | €6,575 | +€8,683 | |
| Financial income | 75/76B | €25,552 | €29,100 | +€3,548 | +13.9% |
| Recurring financial income | 75 | €25,552 | €29,100 | +€3,548 | +13.9% |
| Financial charges | 65/66B | €16,376 | €29,558 | +€13,182 | +80.5% |
| Recurring financial charges | 65 | €16,376 | €29,558 | +€13,182 | +80.5% |
| Profit (loss) for the period before taxes | 9903 | €7,068 | €6,117 | -€951 | -13.4% |
| Income taxes | 67/77 | €6,565 | €1,102 | -€5,463 | -83.2% |
| Profit (loss) for the period | 9904 | €503 | €5,016 | +€4,512 | +896% |
| Profit (loss) for the period to be appropriated | 9905 | €503 | €5,016 | +€4,512 | +896% |
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 20 October 2026 via checked.be.