CANEL: 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.
CANEL
Largest movements
- Cash +€92,598
up €92,598 (+1716.2%), from €5,396 to €97,994
mainly Net result for the year (+€150,456) and Other debts (+€129,558)
- Receivables within one year +€68,400
up €68,400 (+50146.5%), from €136 to €68,536
of which Trade receivables: +€49,343
- Deferred charges and accrued income +€50,979
up €50,979 (+86551.1%), from €59 to €51,037
- Tangible fixed assets -€12,791
down €12,791 (-28.4%), from €44,961 to €32,170
- Other debts +€129,558
up €129,558 (+3881.3%), from €3,338 to €132,896
- Tax, wage and social debts +€46,748
up €46,748 (+56670.6%), from €82 to €46,830
- Profit (loss) carried forward +€22,456
up €22,456, from -€22,271 to €185
- Gross operating margin +€308,893
up €308,893, from -€676 to €308,217
- Taxes +€36,725
up €36,725 (+44520.1%), from €82 to €36,807
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 | €50,552 | €249,738 | +€199,186 | +394.0% |
| Fixed assets | 21/28 | €44,961 | €32,170 | -€12,791 | -28.4% |
| Tangible fixed assets | 22/27 | €44,961 | €32,170 | -€12,791 | -28.4% |
| Furniture and vehicles | 24 | €44,961 | €32,170 | -€12,791 | -28.4% |
| Current assets | 29/58 | €5,591 | €217,568 | +€211,977 | +3791.4% |
| Amounts receivable within one year | 40/41 | €136 | €68,536 | +€68,400 | +50146.5% |
| Trade receivables | 40 | - | €49,343 | +€49,343 | |
| Other amounts receivable | 41 | €136 | €19,193 | +€19,056 | +13971.0% |
| Cash at bank and in hand | 54/58 | €5,396 | €97,994 | +€92,598 | +1716.2% |
| Deferred charges and accrued income | 490/1 | €59 | €51,037 | +€50,979 | +86551.1% |
| Total equity and liabilities | 10/49 | €50,552 | €249,738 | +€199,186 | +394.0% |
| Equity | 10/15 | €47,079 | €69,535 | +€22,456 | +47.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €64,350 | €64,350 | = | 0.0% |
| Distributable reserves | 133 | €64,350 | €64,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,271 | €185 | +€22,456 | |
| Amounts payable | 17/49 | €3,473 | €180,202 | +€176,730 | +5089.2% |
| Amounts payable within one year | 42/48 | €3,454 | €180,202 | +€176,748 | +5116.5% |
| Financial debts | 43 | - | €43 | +€43 | |
| Credit institutions | 430/8 | - | €43 | +€43 | |
| Trade debts | 44 | €34 | €433 | +€399 | +1174.7% |
| Suppliers | 440/4 | €34 | €433 | +€399 | +1174.7% |
| Taxes, remuneration and social security | 45 | €82 | €46,830 | +€46,748 | +56670.6% |
| Taxes | 450/3 | €82 | €46,830 | +€46,748 | +56670.6% |
| Other amounts payable | 47/48 | €3,338 | €132,896 | +€129,558 | +3881.3% |
| Accrued charges and deferred income | 492/3 | €18 | €0 | -€18 | -100.0% |
| Non-recurring operating income | 76A | - | €105,902 | +€105,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,082 | €13,860 | -€222 | -1.6% |
| Other operating charges | 640/8 | €99 | €633 | +€534 | +539.1% |
| Non-recurring operating charges | 66A | - | €105,902 | +€105,902 | |
| Gross operating margin | 9900 | -€676 | €308,217 | +€308,893 | |
| Operating profit (loss) | 9901 | -€14,857 | €187,822 | +€202,679 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €72 | €559 | +€487 | +680.2% |
| Recurring financial charges | 65 | €72 | €559 | +€487 | +680.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,928 | €187,263 | +€202,192 | |
| Income taxes | 67/77 | €82 | €36,807 | +€36,725 | +44520.1% |
| Profit (loss) for the period | 9904 | -€15,011 | €150,456 | +€165,467 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,011 | €150,456 | +€165,467 |
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 5 October 2026 via checked.be.