CANDLEWOOD: 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.
CANDLEWOOD
Largest movements
- Tangible fixed assets -€11,723
down €11,723 (-2.4%), from €489,364 to €477,641
of which Land and buildings: -€16,236
- Debts after one year -€32,940
down €32,940 (-16.5%), from €199,725 to €166,785
- Other debts +€27,505
up €27,505 (+22.1%), from €124,209 to €151,714
- Gross operating margin +€14,112
up €14,112 (+73.8%), from €19,110 to €33,222
- Depreciation +€4,049
up €4,049 (+22.2%), from €18,199 to €22,248
- Financial charges -€922
down €922 (-14.5%), from €6,364 to €5,442
- Other operating charges +€489
up €489 (+15.4%), from €3,179 to €3,668
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 | €495,179 | €491,957 | -€3,222 | -0.7% |
| Fixed assets | 21/28 | €489,614 | €477,891 | -€11,723 | -2.4% |
| Tangible fixed assets | 22/27 | €489,364 | €477,641 | -€11,723 | -2.4% |
| Land and buildings | 22 | €445,526 | €429,289 | -€16,236 | -3.6% |
| Plant, machinery and equipment | 23 | €43,838 | €48,352 | +€4,514 | +10.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €5,565 | €14,066 | +€8,501 | +153% |
| Amounts receivable within one year | 40/41 | €31 | €15 | -€15 | -50.1% |
| Other amounts receivable | 41 | €31 | €15 | -€15 | -50.1% |
| Current investments | 50/53 | €595 | €633 | +€38 | +6.4% |
| Cash at bank and in hand | 54/58 | €2,664 | €7,404 | +€4,740 | +178% |
| Deferred charges and accrued income | 490/1 | €2,275 | €6,013 | +€3,739 | +164% |
| Total equity and liabilities | 10/49 | €495,179 | €491,957 | -€3,222 | -0.7% |
| Equity | 10/15 | €130,783 | €132,698 | +€1,915 | +1.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €116,641 | €116,641 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,941 | €1,941 | = | 0.0% |
| Distributable reserves | 133 | €114,700 | €114,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,082 | €7,997 | +€1,915 | +31.5% |
| Amounts payable | 17/49 | €364,396 | €359,259 | -€5,137 | -1.4% |
| Amounts payable after more than one year | 17 | €199,725 | €166,785 | -€32,940 | -16.5% |
| Financial debts | 170/4 | €199,725 | €166,785 | -€32,940 | -16.5% |
| Amounts payable within one year | 42/48 | €164,671 | €192,074 | +€27,404 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €32,221 | €32,940 | +€719 | +2.2% |
| Financial debts | 43 | €9 | €35 | +€25 | +267% |
| Credit institutions | 430/8 | €9 | €35 | +€25 | +267% |
| Trade debts | 44 | €8,231 | €7,385 | -€846 | -10.3% |
| Suppliers | 440/4 | €8,231 | €7,385 | -€846 | -10.3% |
| Other amounts payable | 47/48 | €124,209 | €151,714 | +€27,505 | +22.1% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,199 | €22,248 | +€4,049 | +22.2% |
| Other operating charges | 640/8 | €3,179 | €3,668 | +€489 | +15.4% |
| Gross operating margin | 9900 | €19,110 | €33,222 | +€14,112 | +73.8% |
| Operating profit (loss) | 9901 | -€2,268 | €7,306 | +€9,574 | |
| Financial income | 75/76B | €102 | €51 | -€51 | -50.0% |
| Recurring financial income | 75 | €102 | €51 | -€51 | -50.0% |
| Financial charges | 65/66B | €6,364 | €5,442 | -€922 | -14.5% |
| Recurring financial charges | 65 | €6,364 | €5,442 | -€922 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,530 | €1,915 | +€10,445 | |
| Profit (loss) for the period | 9904 | -€8,530 | €1,915 | +€10,445 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,530 | €1,915 | +€10,445 |
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 25 October 2026 via checked.be.