CANELLA HOLDINGS: 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.
CANELLA HOLDINGS
Largest movements
- Tangible fixed assets +€24,329
up €24,329 (+7.7%), from €315,886 to €340,215
- Cash -€6,962
down €6,962 (-46.7%), from €14,893 to €7,932
mainly Investment in fixed assets (net) (-€39,343) and Trade debts (-€3,852)
- Other debts +€20,000
up €20,000 (+14.7%), from €136,091 to €156,091
- Trade debts -€3,852
down €3,852 (-92.7%), from €4,154 to €302
- Gross operating margin +€8,518
up €8,518 (+65.8%), from €12,938 to €21,456
- Depreciation +€2,715
up €2,715 (+22.1%), from €12,300 to €15,015
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 | €330,780 | €348,147 | +€17,367 | +5.3% |
| Fixed assets | 21/28 | €315,886 | €340,215 | +€24,329 | +7.7% |
| Tangible fixed assets | 22/27 | €315,886 | €340,215 | +€24,329 | +7.7% |
| Land and buildings | 22 | €315,886 | €340,215 | +€24,329 | +7.7% |
| Current assets | 29/58 | €14,893 | €7,932 | -€6,962 | -46.7% |
| Cash at bank and in hand | 54/58 | €14,893 | €7,932 | -€6,962 | -46.7% |
| Total equity and liabilities | 10/49 | €330,780 | €348,147 | +€17,367 | +5.3% |
| Equity | 10/15 | €190,534 | €191,754 | +€1,219 | +0.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,466 | -€58,246 | +€1,219 | +2.1% |
| Amounts payable | 17/49 | €140,246 | €156,393 | +€16,148 | +11.5% |
| Amounts payable within one year | 42/48 | €140,246 | €156,393 | +€16,148 | +11.5% |
| Trade debts | 44 | €4,154 | €302 | -€3,852 | -92.7% |
| Suppliers | 440/4 | €4,154 | €302 | -€3,852 | -92.7% |
| Other amounts payable | 47/48 | €136,091 | €156,091 | +€20,000 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,300 | €15,015 | +€2,715 | +22.1% |
| Other operating charges | 640/8 | €5,256 | €5,192 | -€64 | -1.2% |
| Gross operating margin | 9900 | €12,938 | €21,456 | +€8,518 | +65.8% |
| Operating profit (loss) | 9901 | -€4,618 | €1,249 | +€5,867 | |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,646 | €1,219 | +€5,865 | |
| Profit (loss) for the period | 9904 | -€4,646 | €1,219 | +€5,865 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,646 | €1,219 | +€5,865 |
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 31 October 2026 via checked.be.