Canette: 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.
Canette
Largest movements
- Cash +€107,033
up €107,033 (+95.3%), from €112,325 to €219,358
mainly Depreciation (+€100,164) and Net result for the year (+€70,201)
- Tangible fixed assets -€87,585
down €87,585 (-6.7%), from €1.3m to €1.2m
- Stocks and contracts +€79,362
up €79,362 (+19.1%), from €416,113 to €495,475
- Reserves +€70,201
up €70,201 (+3.9%), from €1.8m to €1.9m
of which Distributable reserves: +€70,201
- Depreciation -€11,566
down €11,566 (-10.4%), from €111,731 to €100,164
- Taxes +€5,300
up €5,300 (+20.3%), from €26,092 to €31,392
- Staff costs +€2,681
up €2,681 (+10.3%), from €25,939 to €28,621
- Other operating charges -€2,621
down €2,621 (-59.9%), from €4,372 to €1,751
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 | €2,068,356 | €2,147,399 | +€79,043 | +3.8% |
| Fixed assets | 21/28 | €1,314,382 | €1,226,798 | -€87,585 | -6.7% |
| Tangible fixed assets | 22/27 | €1,297,698 | €1,210,114 | -€87,585 | -6.7% |
| Land and buildings | 22 | €1,157,584 | €1,115,386 | -€42,198 | -3.6% |
| Plant, machinery and equipment | 23 | €65,889 | €48,308 | -€17,581 | -26.7% |
| Furniture and vehicles | 24 | €74,225 | €46,420 | -€27,805 | -37.5% |
| Financial fixed assets | 28 | €16,684 | €16,684 | = | 0.0% |
| Current assets | 29/58 | €753,974 | €920,602 | +€166,628 | +22.1% |
| Stocks and contracts in progress | 3 | €416,113 | €495,475 | +€79,362 | +19.1% |
| Stocks | 30/36 | €416,113 | €495,475 | +€79,362 | +19.1% |
| Amounts receivable within one year | 40/41 | €214,222 | €194,454 | -€19,768 | -9.2% |
| Trade receivables | 40 | €191,496 | €168,120 | -€23,376 | -12.2% |
| Other amounts receivable | 41 | €22,726 | €26,334 | +€3,608 | +15.9% |
| Current investments | 50/53 | €5,314 | €5,314 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €112,325 | €219,358 | +€107,033 | +95.3% |
| Deferred charges and accrued income | 490/1 | €6,000 | €6,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,068,356 | €2,147,399 | +€79,043 | +3.8% |
| Equity | 10/15 | €1,984,873 | €2,049,367 | +€64,495 | +3.2% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €1,788,097 | €1,858,298 | +€70,201 | +3.9% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €1,781,597 | €1,851,798 | +€70,201 | +3.9% |
| Investment grants | 15 | €131,776 | €126,069 | -€5,707 | -4.3% |
| Amounts payable | 17/49 | €83,484 | €98,032 | +€14,549 | +17.4% |
| Amounts payable within one year | 42/48 | €83,484 | €98,032 | +€14,549 | +17.4% |
| Trade debts | 44 | €27,307 | €44,756 | +€17,448 | +63.9% |
| Suppliers | 440/4 | €27,307 | €44,756 | +€17,448 | +63.9% |
| Taxes, remuneration and social security | 45 | €46,164 | €41,286 | -€4,878 | -10.6% |
| Taxes | 450/3 | €34,160 | €35,683 | +€1,522 | +4.5% |
| Remuneration and social security | 454/9 | €12,004 | €5,603 | -€6,401 | -53.3% |
| Other amounts payable | 47/48 | €10,012 | €11,991 | +€1,979 | +19.8% |
| Remuneration, social security and pensions | 62 | €25,939 | €28,621 | +€2,681 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,731 | €100,164 | -€11,566 | -10.4% |
| Other operating charges | 640/8 | €4,372 | €1,751 | -€2,621 | -59.9% |
| Gross operating margin | 9900 | €220,675 | €222,205 | +€1,530 | +0.7% |
| Operating profit (loss) | 9901 | €78,633 | €91,668 | +€13,035 | +16.6% |
| Financial income | 75/76B | €8,697 | €10,413 | +€1,716 | +19.7% |
| Recurring financial income | 75 | €6,865 | €10,413 | +€3,548 | +51.7% |
| Non-recurring financial income | 76B | €1,832 | - | -€1,832 | |
| Financial charges | 65/66B | €529 | €488 | -€41 | -7.7% |
| Recurring financial charges | 65 | €529 | €488 | -€41 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €86,801 | €101,593 | +€14,792 | +17.0% |
| Income taxes | 67/77 | €26,092 | €31,392 | +€5,300 | +20.3% |
| Profit (loss) for the period | 9904 | €60,709 | €70,201 | +€9,492 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,709 | €70,201 | +€9,492 | +15.6% |
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 8 October 2026 via checked.be.