CANDIDE: 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.
CANDIDE
Largest movements
- Receivables within one year -€56,930
down €56,930 (-85.3%), from €66,701 to €9,772
of which Trade receivables: -€56,930
- Cash +€12,122
up €12,122 (+31.8%), from €38,128 to €50,250
mainly Receivables within one year (+€56,930) and Tax, wage and social debts (+€13,446)
- Stocks and contracts -€9,130
down €9,130 (-5.2%), from €175,172 to €166,043
- Deferred charges and accrued income -€3,628
down €3,628 (-38.4%), from €9,454 to €5,826
- Trade debts -€77,839
down €77,839 (-30.9%), from €251,695 to €173,856
- Tax, wage and social debts +€13,446
up €13,446 (+48.9%), from €27,484 to €40,930
of which Taxes: +€10,187
- Other debts +€8,939
up €8,939 (+14.2%), from €63,113 to €72,052
- Profit (loss) carried forward -€3,047
down €3,047 (-2.7%), from -€112,541 to -€115,588
- Gross operating margin -€4,280
down €4,280 (-1.6%), from €265,005 to €260,725
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,812 | €233,311 | -€58,501 | -20.0% |
| Fixed assets | 21/28 | €2,356 | €1,420 | -€936 | -39.7% |
| Tangible fixed assets | 22/27 | €887 | €70 | -€817 | -92.1% |
| Plant, machinery and equipment | 23 | €747 | - | -€747 | |
| Other tangible fixed assets | 26 | €140 | €70 | -€70 | -50.0% |
| Financial fixed assets | 28 | €1,469 | €1,350 | -€119 | -8.1% |
| Current assets | 29/58 | €289,455 | €231,891 | -€57,565 | -19.9% |
| Stocks and contracts in progress | 3 | €175,172 | €166,043 | -€9,130 | -5.2% |
| Stocks | 30/36 | €175,172 | €166,043 | -€9,130 | -5.2% |
| Amounts receivable within one year | 40/41 | €66,701 | €9,772 | -€56,930 | -85.3% |
| Trade receivables | 40 | €63,547 | €6,618 | -€56,930 | -89.6% |
| Other amounts receivable | 41 | €3,154 | €3,154 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,128 | €50,250 | +€12,122 | +31.8% |
| Deferred charges and accrued income | 490/1 | €9,454 | €5,826 | -€3,628 | -38.4% |
| Total equity and liabilities | 10/49 | €291,812 | €233,311 | -€58,501 | -20.0% |
| Equity | 10/15 | -€50,481 | -€53,528 | -€3,047 | -6.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €60 | €60 | = | 0.0% |
| Non-distributable reserves | 130/1 | €60 | €60 | = | 0.0% |
| Legal reserve | 130 | €60 | €60 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,541 | -€115,588 | -€3,047 | -2.7% |
| Amounts payable | 17/49 | €342,293 | €286,838 | -€55,454 | -16.2% |
| Amounts payable within one year | 42/48 | €342,293 | €286,838 | -€55,454 | -16.2% |
| Trade debts | 44 | €251,695 | €173,856 | -€77,839 | -30.9% |
| Suppliers | 440/4 | €251,695 | €173,856 | -€77,839 | -30.9% |
| Taxes, remuneration and social security | 45 | €27,484 | €40,930 | +€13,446 | +48.9% |
| Taxes | 450/3 | €4,467 | €14,654 | +€10,187 | +228% |
| Remuneration and social security | 454/9 | €23,018 | €26,276 | +€3,259 | +14.2% |
| Other amounts payable | 47/48 | €63,113 | €72,052 | +€8,939 | +14.2% |
| Remuneration, social security and pensions | 62 | €253,031 | €250,512 | -€2,519 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,017 | €817 | -€1,199 | -59.5% |
| Other operating charges | 640/8 | €3,537 | €3,482 | -€56 | -1.6% |
| Non-recurring operating charges | 66A | -€70 | - | +€70 | |
| Gross operating margin | 9900 | €265,005 | €260,725 | -€4,280 | -1.6% |
| Operating profit (loss) | 9901 | €6,491 | €5,914 | -€577 | -8.9% |
| Financial income | 75/76B | €1,513 | €1,359 | -€154 | -10.2% |
| Recurring financial income | 75 | €1,513 | €1,359 | -€154 | -10.2% |
| Financial charges | 65/66B | €8,545 | €9,573 | +€1,028 | +12.0% |
| Recurring financial charges | 65 | €8,545 | €9,573 | +€1,028 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | -€542 | -€2,300 | -€1,759 | -325% |
| Income taxes | 67/77 | €1,855 | €747 | -€1,108 | -59.8% |
| Profit (loss) for the period | 9904 | -€2,397 | -€3,047 | -€650 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,397 | -€3,047 | -€650 | -27.1% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.