CANDIDOFIORE: what changed
Two fiscal 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.
CANDIDOFIORE
Largest movements
- Receivables within one year -€23,308
down €23,308 (-33.3%), from €69,939 to €46,631
of which Trade receivables: -€16,493
- Tangible fixed assets +€6,156
up €6,156 (+2.7%), from €231,881 to €238,037
of which Other tangible fixed assets: +€8,261
- Other debts +€41,281
up €41,281 (+19.8%), from €208,600 to €249,881
- Profit (loss) carried forward -€30,799
down €30,799 (-185.2%), from -€16,627 to -€47,426
- Debts after one year -€16,912
down €16,912 (-37.2%), from €45,517 to €28,605
of which Financial debts: -€16,912
- Accrued charges and deferred income -€7,920
down €7,920 (-95.9%), from €8,257 to €337
- Trade debts -€3,787
down €3,787 (-13.9%), from €27,312 to €23,526
- Depreciation +€13,264
up €13,264 (+55.5%), from €23,893 to €37,156
- Gross operating margin -€7,068
down €7,068 (-37.8%), from €18,681 to €11,612
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 | €311,186 | €294,536 | -€16,650 | -5.4% |
| Fixed assets | 21/28 | €231,881 | €238,037 | +€6,156 | +2.7% |
| Tangible fixed assets | 22/27 | €231,881 | €238,037 | +€6,156 | +2.7% |
| Plant, machinery and equipment | 23 | €70,214 | €68,109 | -€2,105 | -3.0% |
| Other tangible fixed assets | 26 | €161,667 | €169,928 | +€8,261 | +5.1% |
| Current assets | 29/58 | €79,305 | €56,499 | -€22,806 | -28.8% |
| Stocks and contracts in progress | 3 | €1,244 | €756 | -€488 | -39.2% |
| Stocks | 30/36 | €1,244 | €756 | -€488 | -39.2% |
| Amounts receivable within one year | 40/41 | €69,939 | €46,631 | -€23,308 | -33.3% |
| Trade receivables | 40 | €28,487 | €11,993 | -€16,493 | -57.9% |
| Other amounts receivable | 41 | €41,452 | €34,637 | -€6,815 | -16.4% |
| Cash at bank and in hand | 54/58 | €7,141 | €7,270 | +€129 | +1.8% |
| Deferred charges and accrued income | 490/1 | €981 | €1,842 | +€861 | +87.8% |
| Total equity and liabilities | 10/49 | €311,186 | €294,536 | -€16,650 | -5.4% |
| Equity | 10/15 | €5,068 | -€25,731 | -€30,799 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €1,235 | €1,235 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,235 | €1,235 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,235 | €1,235 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,627 | -€47,426 | -€30,799 | -185.2% |
| Amounts payable | 17/49 | €306,118 | €320,267 | +€14,149 | +4.6% |
| Amounts payable after more than one year | 17 | €45,517 | €28,605 | -€16,912 | -37.2% |
| Financial debts | 170/4 | €25,517 | €8,605 | -€16,912 | -66.3% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €252,344 | €291,325 | +€38,981 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €16,431 | €16,912 | +€480 | +2.9% |
| Trade debts | 44 | €27,312 | €23,526 | -€3,787 | -13.9% |
| Suppliers | 440/4 | €27,312 | €23,526 | -€3,787 | -13.9% |
| Advances received on contracts in progress | 46 | - | €1,007 | +€1,007 | |
| Other amounts payable | 47/48 | €208,600 | €249,881 | +€41,281 | +19.8% |
| Accrued charges and deferred income | 492/3 | €8,257 | €337 | -€7,920 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,893 | €37,156 | +€13,264 | +55.5% |
| Other operating charges | 640/8 | €1,782 | €1,923 | +€140 | +7.9% |
| Gross operating margin | 9900 | €18,681 | €11,612 | -€7,068 | -37.8% |
| Operating profit (loss) | 9901 | -€6,994 | -€27,466 | -€20,472 | -292.7% |
| Financial income | 75/76B | €981 | €931 | -€50 | -5.0% |
| Recurring financial income | 75 | €981 | €931 | -€50 | -5.0% |
| Financial charges | 65/66B | €3,989 | €4,101 | +€112 | +2.8% |
| Recurring financial charges | 65 | €3,989 | €4,101 | +€112 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,003 | -€30,636 | -€20,634 | -206.3% |
| Income taxes | 67/77 | - | €163 | +€163 | |
| Profit (loss) for the period | 9904 | -€10,003 | -€30,799 | -€20,796 | -207.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,003 | -€30,799 | -€20,796 | -207.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.