CANIFELIVET: 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.
CANIFELIVET
Largest movements
- Current investments +€204,022
new in 2025: €204,022
- Cash -€86,221
down €86,221 (-36.0%), from €239,249 to €153,028
mainly Current investments (-€204,022) and Contributions, distributions and other (-€72,000)
- Tangible fixed assets +€13,183
up €13,183 (+44.7%), from €29,461 to €42,643
of which Furniture and vehicles: +€23,982
- Receivables within one year -€10,153
down €10,153 (-93.7%), from €10,832 to €679
- Other debts +€80,540
up €80,540 (+355.5%), from €22,657 to €103,197
- Reserves +€28,000
up €28,000 (+12.2%), from €229,000 to €257,000
of which Distributable reserves: +€28,000
- Debts after one year +€15,412
up €15,412 (+209.3%), from €7,365 to €22,777
- Tax, wage and social debts -€7,443
down €7,443 (-24.6%), from €30,314 to €22,871
of which Taxes: -€5,120
- Gross operating margin +€37,564
up €37,564 (+24.9%), from €150,895 to €188,459
- Taxes +€6,590
up €6,590 (+18.8%), from €35,060 to €41,650
- Depreciation +€4,662
up €4,662 (+24.4%), from €19,144 to €23,806
- Staff costs +€2,148
up €2,148 (+11.7%), from €18,289 to €20,437
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 | €384,360 | €509,469 | +€125,108 | +32.5% |
| Fixed assets | 21/28 | €98,003 | €111,185 | +€13,183 | +13.5% |
| Tangible fixed assets | 22/27 | €29,461 | €42,643 | +€13,183 | +44.7% |
| Plant, machinery and equipment | 23 | €19,054 | €8,255 | -€10,800 | -56.7% |
| Furniture and vehicles | 24 | €10,406 | €34,389 | +€23,982 | +230.5% |
| Financial fixed assets | 28 | €68,542 | €68,542 | = | 0.0% |
| Current assets | 29/58 | €286,358 | €398,284 | +€111,926 | +39.1% |
| Stocks and contracts in progress | 3 | €35,584 | €39,824 | +€4,240 | +11.9% |
| Stocks | 30/36 | €35,584 | €39,824 | +€4,240 | +11.9% |
| Amounts receivable within one year | 40/41 | €10,832 | €679 | -€10,153 | -93.7% |
| Trade receivables | 40 | €10,832 | €679 | -€10,153 | -93.7% |
| Current investments | 50/53 | - | €204,022 | +€204,022 | |
| Cash at bank and in hand | 54/58 | €239,249 | €153,028 | -€86,221 | -36.0% |
| Deferred charges and accrued income | 490/1 | €693 | €732 | +€39 | +5.6% |
| Total equity and liabilities | 10/49 | €384,360 | €509,469 | +€125,108 | +32.5% |
| Equity | 10/15 | €313,214 | €341,703 | +€28,489 | +9.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €229,000 | €257,000 | +€28,000 | +12.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €227,000 | €255,000 | +€28,000 | +12.3% |
| Profit (loss) carried forward | 14 | €64,214 | €64,703 | +€489 | +0.8% |
| Amounts payable | 17/49 | €71,147 | €167,766 | +€96,620 | +135.8% |
| Amounts payable after more than one year | 17 | €7,365 | €22,777 | +€15,412 | +209.3% |
| Financial debts | 170/4 | €7,365 | €22,777 | +€15,412 | +209.3% |
| Amounts payable within one year | 42/48 | €63,782 | €144,990 | +€81,208 | +127.3% |
| Current portion of amounts payable after more than one year | 42 | €7,209 | €11,000 | +€3,791 | +52.6% |
| Trade debts | 44 | €3,602 | €7,921 | +€4,319 | +119.9% |
| Suppliers | 440/4 | €3,602 | €7,921 | +€4,319 | +119.9% |
| Taxes, remuneration and social security | 45 | €30,314 | €22,871 | -€7,443 | -24.6% |
| Taxes | 450/3 | €25,772 | €20,652 | -€5,120 | -19.9% |
| Remuneration and social security | 454/9 | €4,542 | €2,219 | -€2,323 | -51.1% |
| Other amounts payable | 47/48 | €22,657 | €103,197 | +€80,540 | +355.5% |
| Remuneration, social security and pensions | 62 | €18,289 | €20,437 | +€2,148 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,144 | €23,806 | +€4,662 | +24.4% |
| Other operating charges | 640/8 | €949 | €2,370 | +€1,421 | +149.8% |
| Gross operating margin | 9900 | €150,895 | €188,459 | +€37,564 | +24.9% |
| Operating profit (loss) | 9901 | €112,513 | €141,846 | +€29,333 | +26.1% |
| Financial income | 75/76B | €0 | €1,538 | +€1,538 | +3845950.0% |
| Recurring financial income | 75 | €0 | €1,538 | +€1,538 | +3845950.0% |
| Financial charges | 65/66B | €640 | €1,245 | +€606 | +94.7% |
| Recurring financial charges | 65 | €640 | €1,245 | +€606 | +94.7% |
| Profit (loss) for the period before taxes | 9903 | €111,873 | €142,139 | +€30,266 | +27.1% |
| Income taxes | 67/77 | €35,060 | €41,650 | +€6,590 | +18.8% |
| Profit (loss) for the period | 9904 | €76,813 | €100,489 | +€23,676 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,813 | €100,489 | +€23,676 | +30.8% |
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 12 October 2026 via checked.be.