CANDEM: 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.
CANDEM
Largest movements
- Tangible fixed assets -€8,208
down €8,208 (-3.8%), from €215,561 to €207,353
of which Land and buildings: -€8,208
- Debts after one year -€14,560
down €14,560 (-48.8%), from €29,853 to €15,292
- Trade debts +€3,730
up €3,730, from €0 to €3,730
- Other debts +€2,501
up €2,501 (+2.0%), from €127,237 to €129,738
- Gross operating margin -€3,270
down €3,270 (-13.0%), from €25,197 to €21,928
- Purchases and services -€1,817
down €1,817 (-8.0%), from €22,702 to €20,885
- Taxes -€945
down €945 (-63.1%), from €1,498 to €553
- Financial charges -€618
down €618 (-24.1%), from €2,561 to €1,943
- Other operating charges +€510
up €510 (+20.9%), from €2,445 to €2,955
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 | €216,587 | €210,433 | -€6,154 | -2.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €215,561 | €207,353 | -€8,208 | -3.8% |
| Tangible fixed assets | 22/27 | €215,561 | €207,353 | -€8,208 | -3.8% |
| Land and buildings | 22 | €215,561 | €207,353 | -€8,208 | -3.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €1,026 | €3,080 | +€2,054 | +200.2% |
| Amounts receivable within one year | 40/41 | €902 | €947 | +€45 | +5.0% |
| Other amounts receivable | 41 | €902 | €947 | +€45 | +5.0% |
| Cash at bank and in hand | 54/58 | €124 | €2,133 | +€2,009 | +1619.7% |
| Total equity and liabilities | 10/49 | €216,587 | €210,433 | -€6,154 | -2.8% |
| Equity | 10/15 | €45,439 | €46,913 | +€1,474 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,239 | €40,713 | +€1,474 | +3.8% |
| Distributable reserves | 133 | €39,239 | €40,713 | +€1,474 | +3.8% |
| Amounts payable | 17/49 | €171,148 | €163,520 | -€7,628 | -4.5% |
| Amounts payable after more than one year | 17 | €29,853 | €15,292 | -€14,560 | -48.8% |
| Financial debts | 170/4 | €29,853 | €15,292 | -€14,560 | -48.8% |
| Amounts payable within one year | 42/48 | €141,103 | €148,028 | +€6,925 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €13,866 | €14,560 | +€694 | +5.0% |
| Trade debts | 44 | €0 | €3,730 | +€3,730 | |
| Suppliers | 440/4 | €0 | €3,730 | +€3,730 | |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €127,237 | €129,738 | +€2,501 | +2.0% |
| Accrued charges and deferred income | 492/3 | €192 | €200 | +€8 | +4.0% |
| Turnover | 70 | €30,000 | €30,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,702 | €20,885 | -€1,817 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,699 | €15,003 | +€304 | +2.1% |
| Other operating charges | 640/8 | €2,445 | €2,955 | +€510 | +20.9% |
| Gross operating margin | 9900 | €25,197 | €21,928 | -€3,270 | -13.0% |
| Operating profit (loss) | 9901 | €8,053 | €3,970 | -€4,083 | -50.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,561 | €1,943 | -€618 | -24.1% |
| Recurring financial charges | 65 | €2,561 | €1,943 | -€618 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €5,492 | €2,027 | -€3,465 | -63.1% |
| Income taxes | 67/77 | €1,498 | €553 | -€945 | -63.1% |
| Profit (loss) for the period | 9904 | €3,994 | €1,474 | -€2,520 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,994 | €1,474 | -€2,520 | -63.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.