CANDODOC: 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.
CANDODOC
Largest movements
- Cash +€62,978
up €62,978 (+66.5%), from €94,757 to €157,735
mainly Net result for the year (+€163,298) and Tax, wage and social debts (+€14,562)
- Current investments +€20,000
up €20,000 (+5.3%), from €380,000 to €400,000
- Receivables within one year +€13,320
up €13,320 (+41.7%), from €31,951 to €45,272
of which Trade receivables: +€12,484
- Reserves +€163,298
up €163,298 (+34.2%), from €477,441 to €640,738
- Other debts -€80,410
down €80,410 (-98.5%), from €81,609 to €1,199
- Tax, wage and social debts +€14,562
up €14,562 (+112%), from €13,001 to €27,562
of which Taxes: +€16,612
- Gross operating margin +€120,764
up €120,764 (+101%), from €119,774 to €240,538
- Taxes +€35,491
up €35,491 (+97.9%), from €36,247 to €71,738
- Financial income -€5,510
down €5,510 (-70.2%), from €7,846 to €2,337
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 | €581,082 | €675,767 | +€94,685 | +16.3% |
| Fixed assets | 21/28 | €72,753 | €71,113 | -€1,640 | -2.3% |
| Tangible fixed assets | 22/27 | €72,753 | €71,113 | -€1,640 | -2.3% |
| Land and buildings | 22 | €62,919 | €60,007 | -€2,912 | -4.6% |
| Plant, machinery and equipment | 23 | €9,834 | €7,844 | -€1,990 | -20.2% |
| Furniture and vehicles | 24 | - | €3,261 | +€3,261 | |
| Current assets | 29/58 | €508,329 | €604,654 | +€96,325 | +18.9% |
| Amounts receivable within one year | 40/41 | €31,951 | €45,272 | +€13,320 | +41.7% |
| Trade receivables | 40 | €30,756 | €43,240 | +€12,484 | +40.6% |
| Other amounts receivable | 41 | €1,195 | €2,032 | +€836 | +70.0% |
| Current investments | 50/53 | €380,000 | €400,000 | +€20,000 | +5.3% |
| Cash at bank and in hand | 54/58 | €94,757 | €157,735 | +€62,978 | +66.5% |
| Deferred charges and accrued income | 490/1 | €1,620 | €1,647 | +€27 | +1.7% |
| Total equity and liabilities | 10/49 | €581,082 | €675,767 | +€94,685 | +16.3% |
| Equity | 10/15 | €483,641 | €646,938 | +€163,298 | +33.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €477,441 | €640,738 | +€163,298 | +34.2% |
| Distributable reserves | 133 | €477,441 | €640,738 | +€163,298 | +34.2% |
| Amounts payable | 17/49 | €97,441 | €28,828 | -€68,613 | -70.4% |
| Amounts payable within one year | 42/48 | €97,441 | €28,828 | -€68,613 | -70.4% |
| Trade debts | 44 | €2,831 | €67 | -€2,764 | -97.6% |
| Suppliers | 440/4 | €2,831 | €67 | -€2,764 | -97.6% |
| Taxes, remuneration and social security | 45 | €13,001 | €27,562 | +€14,562 | +112% |
| Taxes | 450/3 | €8,792 | €25,404 | +€16,612 | +189% |
| Remuneration and social security | 454/9 | €4,209 | €2,159 | -€2,050 | -48.7% |
| Other amounts payable | 47/48 | €81,609 | €1,199 | -€80,410 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,766 | €6,850 | -€916 | -11.8% |
| Other operating charges | 640/8 | €765 | €917 | +€152 | +19.9% |
| Gross operating margin | 9900 | €119,774 | €240,538 | +€120,764 | +101% |
| Operating profit (loss) | 9901 | €111,244 | €232,771 | +€121,527 | +109% |
| Financial income | 75/76B | €7,846 | €2,337 | -€5,510 | -70.2% |
| Recurring financial income | 75 | €7,846 | €2,337 | -€5,510 | -70.2% |
| Financial charges | 65/66B | €68 | €72 | +€5 | +6.8% |
| Recurring financial charges | 65 | €68 | €72 | +€5 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €119,022 | €235,035 | +€116,013 | +97.5% |
| Income taxes | 67/77 | €36,247 | €71,738 | +€35,491 | +97.9% |
| Profit (loss) for the period | 9904 | €82,775 | €163,298 | +€80,522 | +97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,775 | €163,298 | +€80,522 | +97.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.