CANINA: 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.
CANINA
Largest movements
- Tangible fixed assets +€157,470
up €157,470 (+492%), from €31,990 to €189,461
of which Land and buildings: +€170,069
- Current investments +€73,693
up €73,693 (+42.1%), from €175,102 to €248,795
- Receivables within one year +€55,960
up €55,960 (+42.4%), from €131,970 to €187,930
of which Other amounts receivable: +€55,960
- Cash -€41,603
down €41,603 (-43.9%), from €94,813 to €53,210
mainly Investment in fixed assets (net) (-€178,668) and Current investments (-€73,693)
- Receivables after one year -€15,179
down €15,179 (-100%), from €15,179 to €0
- Debts after one year +€165,782
up €165,782, from €0 to €165,782
- Reserves +€54,570
up €54,570 (+13.2%), from €412,451 to €467,021
of which Distributable reserves: +€54,570
- Tax, wage and social debts +€7,596
up €7,596 (+55.3%), from €13,745 to €21,341
- Gross operating margin +€13,013
up €13,013 (+8.8%), from €148,287 to €161,301
- Taxes +€10,783
up €10,783 (+27.8%), from €38,784 to €49,567
- Financial charges +€4,165
up €4,165, from -€1,821 to €2,344
- Financial income +€3,598
up €3,598 (+407%), from €884 to €4,483
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 | €454,247 | €682,862 | +€228,615 | +50.3% |
| Fixed assets | 21/28 | €32,990 | €190,461 | +€157,470 | +477% |
| Tangible fixed assets | 22/27 | €31,990 | €189,461 | +€157,470 | +492% |
| Land and buildings | 22 | €5,267 | €175,337 | +€170,069 | +3,229% |
| Plant, machinery and equipment | 23 | €5,974 | €4,634 | -€1,340 | -22.4% |
| Furniture and vehicles | 24 | €20,750 | €9,490 | -€11,260 | -54.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €421,257 | €492,402 | +€71,145 | +16.9% |
| Amounts receivable after more than one year | 29 | €15,179 | €0 | -€15,179 | -100% |
| Other amounts receivable | 291 | €15,179 | €0 | -€15,179 | -100% |
| Amounts receivable within one year | 40/41 | €131,970 | €187,930 | +€55,960 | +42.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €131,970 | €187,930 | +€55,960 | +42.4% |
| Current investments | 50/53 | €175,102 | €248,795 | +€73,693 | +42.1% |
| Cash at bank and in hand | 54/58 | €94,813 | €53,210 | -€41,603 | -43.9% |
| Deferred charges and accrued income | 490/1 | €4,193 | €2,466 | -€1,727 | -41.2% |
| Total equity and liabilities | 10/49 | €454,247 | €682,862 | +€228,615 | +50.3% |
| Equity | 10/15 | €425,319 | €479,888 | +€54,570 | +12.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €412,451 | €467,021 | +€54,570 | +13.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €410,591 | €465,161 | +€54,570 | +13.3% |
| Profit (loss) carried forward | 14 | €367 | €367 | = | 0.0% |
| Amounts payable | 17/49 | €28,929 | €202,974 | +€174,045 | +602% |
| Amounts payable after more than one year | 17 | €0 | €165,782 | +€165,782 | |
| Financial debts | 170/4 | €0 | €165,782 | +€165,782 | |
| Amounts payable within one year | 42/48 | €28,929 | €37,191 | +€8,263 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €12,912 | €9,443 | -€3,468 | -26.9% |
| Trade debts | 44 | €2,272 | €6,407 | +€4,135 | +182% |
| Suppliers | 440/4 | €2,272 | €6,407 | +€4,135 | +182% |
| Taxes, remuneration and social security | 45 | €13,745 | €21,341 | +€7,596 | +55.3% |
| Taxes | 450/3 | €13,745 | €21,341 | +€7,596 | +55.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,276 | €21,198 | -€78 | -0.4% |
| Other operating charges | 640/8 | €4,969 | €3,757 | -€1,212 | -24.4% |
| Gross operating margin | 9900 | €148,287 | €161,301 | +€13,013 | +8.8% |
| Operating profit (loss) | 9901 | €122,042 | €136,346 | +€14,303 | +11.7% |
| Financial income | 75/76B | €884 | €4,483 | +€3,598 | +407% |
| Recurring financial income | 75 | €884 | €4,483 | +€3,598 | +407% |
| Financial charges | 65/66B | -€1,821 | €2,344 | +€4,165 | |
| Recurring financial charges | 65 | -€1,821 | €2,344 | +€4,165 | |
| Profit (loss) for the period before taxes | 9903 | €124,748 | €138,484 | +€13,736 | +11.0% |
| Income taxes | 67/77 | €38,784 | €49,567 | +€10,783 | +27.8% |
| Profit (loss) for the period | 9904 | €85,964 | €88,917 | +€2,954 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,964 | €88,917 | +€2,954 | +3.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.