CANINES: 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.
CANINES
Largest movements
- Cash +€91,486
up €91,486 (+26.2%), from €349,723 to €441,209
mainly Net result for the year (+€205,941) and Other debts (+€96,465)
- Receivables within one year +€28,256
up €28,256 (+171%), from €16,546 to €44,803
of which Trade receivables: +€31,289
- Other debts +€96,465
up €96,465 (+108%), from €89,250 to €185,715
- Tax, wage and social debts +€34,639
up €34,639 (+185%), from €18,729 to €53,368
of which Taxes: +€34,517
- Profit (loss) carried forward -€10,234
down €10,234 (-24.9%), from €41,175 to €30,941
- Gross operating margin +€87,781
up €87,781 (+47.6%), from €184,346 to €272,127
- Taxes +€20,374
up €20,374 (+47.1%), from €43,224 to €63,598
- Financial income -€5,864
down €5,864 (-63.3%), from €9,271 to €3,407
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 | €383,018 | €500,433 | +€117,415 | +30.7% |
| Fixed assets | 21/28 | €16,494 | €14,007 | -€2,488 | -15.1% |
| Tangible fixed assets | 22/27 | €16,494 | €14,007 | -€2,488 | -15.1% |
| Plant, machinery and equipment | 23 | €2,705 | €3,662 | +€957 | +35.4% |
| Furniture and vehicles | 24 | €13,790 | €10,345 | -€3,444 | -25.0% |
| Current assets | 29/58 | €366,523 | €486,426 | +€119,903 | +32.7% |
| Amounts receivable within one year | 40/41 | €16,546 | €44,803 | +€28,256 | +171% |
| Trade receivables | 40 | €13,514 | €44,803 | +€31,289 | +232% |
| Other amounts receivable | 41 | €3,033 | - | -€3,033 | |
| Cash at bank and in hand | 54/58 | €349,723 | €441,209 | +€91,486 | +26.2% |
| Deferred charges and accrued income | 490/1 | €254 | €415 | +€161 | +63.3% |
| Total equity and liabilities | 10/49 | €383,018 | €500,433 | +€117,415 | +30.7% |
| Equity | 10/15 | €264,175 | €253,941 | -€10,234 | -3.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €222,000 | €222,000 | = | 0.0% |
| Distributable reserves | 133 | €222,000 | €222,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,175 | €30,941 | -€10,234 | -24.9% |
| Amounts payable | 17/49 | €118,842 | €246,492 | +€127,649 | +107% |
| Amounts payable within one year | 42/48 | €118,842 | €246,492 | +€127,649 | +107% |
| Trade debts | 44 | €10,863 | €7,409 | -€3,454 | -31.8% |
| Suppliers | 440/4 | €10,863 | €7,409 | -€3,454 | -31.8% |
| Taxes, remuneration and social security | 45 | €18,729 | €53,368 | +€34,639 | +185% |
| Taxes | 450/3 | €15,750 | €50,267 | +€34,517 | +219% |
| Remuneration and social security | 454/9 | €2,979 | €3,101 | +€121 | +4.1% |
| Other amounts payable | 47/48 | €89,250 | €185,715 | +€96,465 | +108% |
| Non-recurring operating income | 76A | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,320 | €5,003 | +€1,682 | +50.7% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €934 | €324 | -€610 | -65.3% |
| Gross operating margin | 9900 | €184,346 | €272,127 | +€87,781 | +47.6% |
| Operating profit (loss) | 9901 | €179,586 | €266,280 | +€86,694 | +48.3% |
| Financial income | 75/76B | €9,271 | €3,407 | -€5,864 | -63.3% |
| Recurring financial income | 75 | €9,271 | €3,407 | -€5,864 | -63.3% |
| Financial charges | 65/66B | €114 | €148 | +€35 | +30.5% |
| Recurring financial charges | 65 | €114 | €148 | +€35 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | €188,744 | €269,539 | +€80,795 | +42.8% |
| Income taxes | 67/77 | €43,224 | €63,598 | +€20,374 | +47.1% |
| Profit (loss) for the period | 9904 | €145,520 | €205,941 | +€60,422 | +41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €145,520 | €205,941 | +€60,422 | +41.5% |
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 24 October 2026 via checked.be.