Candelina: 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.
Candelina
Largest movements
- Tangible fixed assets +€80,221
up €80,221 (+340%), from €23,601 to €103,822
of which Furniture and vehicles: +€81,348
- Cash +€30,036
up €30,036 (+982%), from €3,059 to €33,095
mainly Other debts (+€134,624) and Depreciation (+€11,101)
- Receivables within one year +€24,079
up €24,079 (+34.0%), from €70,902 to €94,981
of which Trade receivables: +€24,922
- Current investments +€2,791
up €2,791 (+9.8%), from €28,459 to €31,251
- Other debts +€134,624
up €134,624 (+95.8%), from €140,491 to €275,115
- Gross operating margin +€25,152
up €25,152, from -€1,280 to €23,872
- Financial charges +€10,720
up €10,720 (+20,696%), from €52 to €10,772
- Taxes -€3,304
no longer reported in 2025 (was €3,304)
- Other operating charges +€597
up €597 (+97.3%), from €613 to €1,210
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 | €128,408 | €265,536 | +€137,128 | +107% |
| Fixed assets | 21/28 | €23,601 | €103,822 | +€80,221 | +340% |
| Tangible fixed assets | 22/27 | €23,601 | €103,822 | +€80,221 | +340% |
| Plant, machinery and equipment | 23 | €2,406 | €1,279 | -€1,126 | -46.8% |
| Furniture and vehicles | 24 | €21,195 | €102,543 | +€81,348 | +384% |
| Current assets | 29/58 | €104,807 | €161,714 | +€56,907 | +54.3% |
| Amounts receivable within one year | 40/41 | €70,902 | €94,981 | +€24,079 | +34.0% |
| Trade receivables | 40 | €70,059 | €94,981 | +€24,922 | +35.6% |
| Other amounts receivable | 41 | €843 | - | -€843 | |
| Current investments | 50/53 | €28,459 | €31,251 | +€2,791 | +9.8% |
| Cash at bank and in hand | 54/58 | €3,059 | €33,095 | +€30,036 | +982% |
| Deferred charges and accrued income | 490/1 | €2,387 | €2,387 | = | 0.0% |
| Total equity and liabilities | 10/49 | €128,408 | €265,536 | +€137,128 | +107% |
| Equity | 10/15 | -€18,634 | -€17,845 | +€788 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,003 | €17,003 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,358 | €2,358 | = | 0.0% |
| Distributable reserves | 133 | €12,785 | €12,785 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,236 | -€53,448 | +€788 | +1.5% |
| Amounts payable | 17/49 | €147,042 | €283,382 | +€136,340 | +92.7% |
| Amounts payable within one year | 42/48 | €147,042 | €283,382 | +€136,340 | +92.7% |
| Trade debts | 44 | €6,129 | €7,661 | +€1,532 | +25.0% |
| Suppliers | 440/4 | €6,129 | €7,661 | +€1,532 | +25.0% |
| Taxes, remuneration and social security | 45 | €422 | €607 | +€184 | +43.7% |
| Taxes | 450/3 | €422 | €607 | +€184 | +43.7% |
| Other amounts payable | 47/48 | €140,491 | €275,115 | +€134,624 | +95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,101 | €11,101 | = | 0.0% |
| Other operating charges | 640/8 | €613 | €1,210 | +€597 | +97.3% |
| Gross operating margin | 9900 | -€1,280 | €23,872 | +€25,152 | |
| Operating profit (loss) | 9901 | -€12,994 | €11,560 | +€24,555 | |
| Financial charges | 65/66B | €52 | €10,772 | +€10,720 | +20,696% |
| Recurring financial charges | 65 | €52 | €10,772 | +€10,720 | +20,696% |
| Profit (loss) for the period before taxes | 9903 | -€13,046 | €788 | +€13,834 | |
| Income taxes | 67/77 | €3,304 | - | -€3,304 | |
| Profit (loss) for the period | 9904 | -€16,350 | €788 | +€17,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,350 | €788 | +€17,138 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.