CANDICO: 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.
CANDICO
Largest movements
- Receivables within one year +€47,199
up €47,199 (+15.7%), from €300,000 to €347,199
of which Trade receivables: +€71,397
- Reserves +€120,904
up €120,904 (+14.1%), from €855,409 to €976,313
of which Distributable reserves: +€120,904
- Debts after one year -€71,607
down €71,607 (-13.3%), from €537,802 to €466,195
- Tax, wage and social debts +€27,828
up €27,828 (+87.5%), from €31,796 to €59,624
of which Taxes: +€27,828
- Other debts -€24,946
down €24,946 (-30.1%), from €82,920 to €57,974
- Gross operating margin +€34,420
up €34,420 (+20.1%), from €171,543 to €205,963
- Taxes +€10,576
up €10,576 (+25.5%), from €41,494 to €52,070
- Financial income -€4,587
down €4,587 (-33.0%), from €13,879 to €9,292
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 | €1,647,979 | €1,688,634 | +€40,655 | +2.5% |
| Fixed assets | 21/28 | €1,250,487 | €1,245,116 | -€5,371 | -0.4% |
| Tangible fixed assets | 22/27 | €59,331 | €53,960 | -€5,371 | -9.1% |
| Land and buildings | 22 | €55,293 | €53,235 | -€2,058 | -3.7% |
| Furniture and vehicles | 24 | €4,038 | €725 | -€3,313 | -82.0% |
| Financial fixed assets | 28 | €1,191,156 | €1,191,156 | = | 0.0% |
| Current assets | 29/58 | €397,492 | €443,518 | +€46,026 | +11.6% |
| Amounts receivable within one year | 40/41 | €300,000 | €347,199 | +€47,199 | +15.7% |
| Trade receivables | 40 | €91,382 | €162,778 | +€71,397 | +78.1% |
| Other amounts receivable | 41 | €208,618 | €184,421 | -€24,197 | -11.6% |
| Cash at bank and in hand | 54/58 | €92,973 | €90,879 | -€2,094 | -2.3% |
| Deferred charges and accrued income | 490/1 | €4,520 | €5,440 | +€921 | +20.4% |
| Total equity and liabilities | 10/49 | €1,647,979 | €1,688,634 | +€40,655 | +2.5% |
| Equity | 10/15 | €885,409 | €1,006,313 | +€120,904 | +13.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €855,409 | €976,313 | +€120,904 | +14.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €164 | €164 | = | 0.0% |
| Distributable reserves | 133 | €855,245 | €976,149 | +€120,904 | +14.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €762,571 | €682,322 | -€80,249 | -10.5% |
| Amounts payable after more than one year | 17 | €537,802 | €466,195 | -€71,607 | -13.3% |
| Financial debts | 170/4 | €537,802 | €466,195 | -€71,607 | -13.3% |
| Amounts payable within one year | 42/48 | €198,574 | €200,219 | +€1,645 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €76,756 | €75,315 | -€1,441 | -1.9% |
| Trade debts | 44 | €7,102 | €7,306 | +€204 | +2.9% |
| Suppliers | 440/4 | €7,102 | €7,306 | +€204 | +2.9% |
| Taxes, remuneration and social security | 45 | €31,796 | €59,624 | +€27,828 | +87.5% |
| Taxes | 450/3 | €29,896 | €57,724 | +€27,828 | +93.1% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | €82,920 | €57,974 | -€24,946 | -30.1% |
| Accrued charges and deferred income | 492/3 | €26,195 | €15,908 | -€10,287 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,371 | €5,371 | = | 0.0% |
| Other operating charges | 640/8 | €6,277 | €6,290 | +€14 | +0.2% |
| Gross operating margin | 9900 | €171,543 | €205,963 | +€34,420 | +20.1% |
| Operating profit (loss) | 9901 | €159,895 | €194,302 | +€34,406 | +21.5% |
| Financial income | 75/76B | €13,879 | €9,292 | -€4,587 | -33.0% |
| Recurring financial income | 75 | €13,879 | €9,292 | -€4,587 | -33.0% |
| Financial charges | 65/66B | €30,880 | €29,761 | -€1,120 | -3.6% |
| Recurring financial charges | 65 | €30,880 | €29,761 | -€1,120 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €142,894 | €173,833 | +€30,939 | +21.7% |
| Income taxes | 67/77 | €41,494 | €52,070 | +€10,576 | +25.5% |
| Profit (loss) for the period | 9904 | €101,399 | €121,763 | +€20,364 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €101,399 | €121,763 | +€20,364 | +20.1% |
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 19 October 2026 via checked.be.