CANDRIES: 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.
CANDRIES
Largest movements
- Receivables within one year -€16,721
down €16,721 (-67.5%), from €24,778 to €8,057
of which Other amounts receivable: -€9,943
- Receivables after one year +€13,456
new in 2025: €13,456
- Cash +€11,703
up €11,703 (+20.9%), from €55,977 to €67,680
mainly Net result for the year (+€53,132) and Depreciation (+€19,783)
- Tangible fixed assets +€4,709
up €4,709 (+3.9%), from €121,348 to €126,057
of which Furniture and vehicles: +€10,874
- Reserves +€53,132
up €53,132 (+37.6%), from €141,151 to €194,283
of which Distributable reserves: +€53,132
- Trade debts -€27,503
down €27,503 (-94.5%), from €29,090 to €1,587
- Debts after one year -€6,524
down €6,524 (-65.9%), from €9,896 to €3,372
- Other debts -€6,196
down €6,196 (-100.0%), from €6,196 to €0
- Gross operating margin +€55,794
up €55,794 (+115.7%), from €48,209 to €104,004
- Taxes +€16,500
up €16,500 (+187.4%), from €8,805 to €25,305
- Depreciation +€4,278
up €4,278 (+27.6%), from €15,505 to €19,783
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 | €211,174 | €224,362 | +€13,188 | +6.2% |
| Fixed assets | 21/28 | €121,348 | €126,057 | +€4,709 | +3.9% |
| Tangible fixed assets | 22/27 | €121,348 | €126,057 | +€4,709 | +3.9% |
| Land and buildings | 22 | €88,062 | €82,631 | -€5,431 | -6.2% |
| Plant, machinery and equipment | 23 | €1,675 | €941 | -€734 | -43.8% |
| Furniture and vehicles | 24 | €31,611 | €42,485 | +€10,874 | +34.4% |
| Current assets | 29/58 | €89,825 | €98,305 | +€8,479 | +9.4% |
| Amounts receivable after more than one year | 29 | - | €13,456 | +€13,456 | |
| Other amounts receivable | 291 | - | €13,456 | +€13,456 | |
| Stocks and contracts in progress | 3 | €4,908 | €4,908 | = | 0.0% |
| Stocks | 30/36 | €4,908 | €4,908 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,778 | €8,057 | -€16,721 | -67.5% |
| Trade receivables | 40 | €8,527 | €1,749 | -€6,778 | -79.5% |
| Other amounts receivable | 41 | €16,250 | €6,307 | -€9,943 | -61.2% |
| Current investments | 50/53 | €3,329 | €3,347 | +€17 | +0.5% |
| Cash at bank and in hand | 54/58 | €55,977 | €67,680 | +€11,703 | +20.9% |
| Deferred charges and accrued income | 490/1 | €833 | €857 | +€24 | +2.9% |
| Total equity and liabilities | 10/49 | €211,174 | €224,362 | +€13,188 | +6.2% |
| Equity | 10/15 | €159,743 | €212,875 | +€53,132 | +33.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €141,151 | €194,283 | +€53,132 | +37.6% |
| Tax-exempt reserves | 132 | €1,015 | €1,015 | = | 0.0% |
| Distributable reserves | 133 | €140,137 | €193,268 | +€53,132 | +37.9% |
| Amounts payable | 17/49 | €51,430 | €11,487 | -€39,944 | -77.7% |
| Amounts payable after more than one year | 17 | €9,896 | €3,372 | -€6,524 | -65.9% |
| Financial debts | 170/4 | €9,896 | €3,372 | -€6,524 | -65.9% |
| Amounts payable within one year | 42/48 | €41,529 | €8,111 | -€33,418 | -80.5% |
| Current portion of amounts payable after more than one year | 42 | €6,242 | €6,524 | +€282 | +4.5% |
| Trade debts | 44 | €29,090 | €1,587 | -€27,503 | -94.5% |
| Suppliers | 440/4 | €29,090 | €1,587 | -€27,503 | -94.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,196 | €0 | -€6,196 | -100.0% |
| Accrued charges and deferred income | 492/3 | €6 | €4 | -€1 | -25.2% |
| Non-recurring operating income | 76A | - | €13,223 | +€13,223 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,505 | €19,783 | +€4,278 | +27.6% |
| Other operating charges | 640/8 | €4,369 | €4,967 | +€598 | +13.7% |
| Non-recurring operating charges | 66A | €750 | €0 | -€750 | -100.0% |
| Gross operating margin | 9900 | €48,209 | €104,004 | +€55,794 | +115.7% |
| Operating profit (loss) | 9901 | €27,585 | €79,254 | +€51,669 | +187.3% |
| Financial income | 75/76B | €32 | €154 | +€123 | +384.6% |
| Recurring financial income | 75 | €32 | €154 | +€123 | +384.6% |
| Financial charges | 65/66B | €1,271 | €971 | -€300 | -23.6% |
| Recurring financial charges | 65 | €1,271 | €971 | -€300 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €26,346 | €78,437 | +€52,091 | +197.7% |
| Income taxes | 67/77 | €8,805 | €25,305 | +€16,500 | +187.4% |
| Profit (loss) for the period | 9904 | €17,541 | €53,132 | +€35,590 | +202.9% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €17,541 | €53,132 | +€35,590 | +202.9% |
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 10 October 2026 via checked.be.