CANERO: 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.
CANERO
Largest movements
- Cash -€91,544
down €91,544 (-37.6%), from €243,544 to €152,000
mainly Contributions, distributions and other (-€213,076) and Other debts (-€74,914)
- Receivables within one year -€31,026
down €31,026 (-33.4%), from €92,760 to €61,734
of which Trade receivables: -€25,871
- Tangible fixed assets -€5,572
down €5,572 (-59.2%), from €9,414 to €3,842
of which Furniture and vehicles: -€5,316
- Other debts -€74,914
down €74,914 (-33.9%), from €220,721 to €145,807
- Reserves -€49,185
down €49,185 (-34.4%), from €143,106 to €93,920
of which Distributable reserves: -€49,185
- Gross operating margin +€16,027
up €16,027 (+7.8%), from €205,335 to €221,362
- Depreciation +€4,457
up €4,457 (+131%), from €3,401 to €7,858
- Taxes +€2,655
up €2,655 (+5.7%), from €46,928 to €49,583
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 | €384,435 | €257,086 | -€127,349 | -33.1% |
| Fixed assets | 21/28 | €9,414 | €3,842 | -€5,572 | -59.2% |
| Tangible fixed assets | 22/27 | €9,414 | €3,842 | -€5,572 | -59.2% |
| Plant, machinery and equipment | 23 | €635 | €379 | -€256 | -40.3% |
| Furniture and vehicles | 24 | €8,779 | €3,463 | -€5,316 | -60.6% |
| Current assets | 29/58 | €375,021 | €253,244 | -€121,777 | -32.5% |
| Amounts receivable after more than one year | 29 | €34,520 | €34,520 | = | 0.0% |
| Other amounts receivable | 291 | €34,520 | €34,520 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €92,760 | €61,734 | -€31,026 | -33.4% |
| Trade receivables | 40 | €87,188 | €61,317 | -€25,871 | -29.7% |
| Other amounts receivable | 41 | €5,572 | €417 | -€5,155 | -92.5% |
| Cash at bank and in hand | 54/58 | €243,544 | €152,000 | -€91,544 | -37.6% |
| Deferred charges and accrued income | 490/1 | €4,197 | €4,990 | +€793 | +18.9% |
| Total equity and liabilities | 10/49 | €384,435 | €257,086 | -€127,349 | -33.1% |
| Equity | 10/15 | €145,106 | €95,920 | -€49,185 | -33.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €143,106 | €93,920 | -€49,185 | -34.4% |
| Tax-exempt reserves | 132 | €55 | €55 | = | 0.0% |
| Distributable reserves | 133 | €143,051 | €93,865 | -€49,185 | -34.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €239,330 | €161,166 | -€78,164 | -32.7% |
| Amounts payable within one year | 42/48 | €238,050 | €157,954 | -€80,096 | -33.6% |
| Trade debts | 44 | €3,846 | €747 | -€3,099 | -80.6% |
| Suppliers | 440/4 | €3,846 | €747 | -€3,099 | -80.6% |
| Taxes, remuneration and social security | 45 | €13,482 | €11,400 | -€2,083 | -15.4% |
| Taxes | 450/3 | €13,482 | €11,400 | -€2,083 | -15.4% |
| Other amounts payable | 47/48 | €220,721 | €145,807 | -€74,914 | -33.9% |
| Accrued charges and deferred income | 492/3 | €1,280 | €3,212 | +€1,932 | +151% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,401 | €7,858 | +€4,457 | +131% |
| Other operating charges | 640/8 | €636 | €527 | -€110 | -17.2% |
| Gross operating margin | 9900 | €205,335 | €221,362 | +€16,027 | +7.8% |
| Operating profit (loss) | 9901 | €201,298 | €212,978 | +€11,680 | +5.8% |
| Financial income | 75/76B | €2,632 | €1,036 | -€1,597 | -60.7% |
| Recurring financial income | 75 | €2,632 | €1,036 | -€1,597 | -60.7% |
| Financial charges | 65/66B | €960 | €539 | -€421 | -43.8% |
| Recurring financial charges | 65 | €960 | €539 | -€421 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €202,970 | €213,474 | +€10,503 | +5.2% |
| Income taxes | 67/77 | €46,928 | €49,583 | +€2,655 | +5.7% |
| Profit (loss) for the period | 9904 | €156,042 | €163,891 | +€7,848 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €156,042 | €163,891 | +€7,848 | +5.0% |
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 27 October 2026 via checked.be.