Canius Management: 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.
Canius Management
Largest movements
- Tangible fixed assets -€383,637
down €383,637 (-37.0%), from €1.0m to €653,343
of which Land and buildings: -€323,275
- Receivables within one year -€89,293
down €89,293 (-10.4%), from €858,582 to €769,289
of which Trade receivables: -€103,930
- Trade debts -€321,410
down €321,410 (-82.6%), from €389,099 to €67,689
- Other debts -€179,305
down €179,305 (-18.6%), from €965,796 to €786,491
- Current portion of long-term debt +€80,055
up €80,055 (+424%), from €18,863 to €98,917
- Debts after one year -€57,854
down €57,854 (-26.6%), from €217,145 to €159,291
- Other operating charges +€121,392
up €121,392 (+2,118%), from €5,731 to €127,123
- Financial income +€64,997
up €64,997 (+425%), from €15,289 to €80,286
of which Non-recurring financial income: +€57,011
- Depreciation -€46,665
down €46,665 (-54.5%), from €85,675 to €39,010
- Gross operating margin +€37,069
up €37,069 (+24.0%), from €154,257 to €191,326
- Write-downs +€15,745
new in 2025: €15,745
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 | €3,616,790 | €3,149,796 | -€466,994 | -12.9% |
| Fixed assets | 21/28 | €2,756,648 | €2,370,532 | -€386,117 | -14.0% |
| Intangible fixed assets | 21 | €664,424 | €664,424 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,036,980 | €653,343 | -€383,637 | -37.0% |
| Land and buildings | 22 | €951,543 | €628,267 | -€323,275 | -34.0% |
| Plant, machinery and equipment | 23 | €28,309 | €23,260 | -€5,049 | -17.8% |
| Furniture and vehicles | 24 | €2,228 | €802 | -€1,426 | -64.0% |
| Other tangible fixed assets | 26 | €54,900 | €1,014 | -€53,886 | -98.2% |
| Financial fixed assets | 28 | €1,055,245 | €1,052,765 | -€2,480 | -0.2% |
| Current assets | 29/58 | €860,142 | €779,264 | -€80,878 | -9.4% |
| Amounts receivable within one year | 40/41 | €858,582 | €769,289 | -€89,293 | -10.4% |
| Trade receivables | 40 | €180,421 | €76,491 | -€103,930 | -57.6% |
| Other amounts receivable | 41 | €678,161 | €692,798 | +€14,637 | +2.2% |
| Cash at bank and in hand | 54/58 | €1,560 | €9,975 | +€8,416 | +540% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,616,790 | €3,149,796 | -€466,994 | -12.9% |
| Equity | 10/15 | €2,004,998 | €1,986,935 | -€18,063 | -0.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €33,151 | €33,151 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,759 | €8,759 | = | 0.0% |
| Distributable reserves | 133 | €24,392 | €24,392 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,953,297 | €1,935,234 | -€18,063 | -0.9% |
| Amounts payable | 17/49 | €1,611,793 | €1,162,861 | -€448,932 | -27.9% |
| Amounts payable after more than one year | 17 | €217,145 | €159,291 | -€57,854 | -26.6% |
| Financial debts | 170/4 | €217,145 | €159,291 | -€57,854 | -26.6% |
| Amounts payable within one year | 42/48 | €1,394,648 | €993,571 | -€401,077 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €18,863 | €98,917 | +€80,055 | +424% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €389,099 | €67,689 | -€321,410 | -82.6% |
| Suppliers | 440/4 | €389,099 | €67,689 | -€321,410 | -82.6% |
| Taxes, remuneration and social security | 45 | €20,891 | €40,474 | +€19,583 | +93.7% |
| Taxes | 450/3 | €20,891 | €40,474 | +€19,583 | +93.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €965,796 | €786,491 | -€179,305 | -18.6% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Non-recurring operating income | 76A | €248 | €141,943 | +€141,695 | +57,114% |
| Remuneration, social security and pensions | 62 | €2,448 | €0 | -€2,448 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,675 | €39,010 | -€46,665 | -54.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,745 | +€15,745 | |
| Other operating charges | 640/8 | €5,731 | €127,123 | +€121,392 | +2,118% |
| Non-recurring operating charges | 66A | €13,792 | €53,736 | +€39,943 | +290% |
| Gross operating margin | 9900 | €154,257 | €191,326 | +€37,069 | +24.0% |
| Operating profit (loss) | 9901 | €46,611 | -€44,287 | -€90,898 | |
| Financial income | 75/76B | €15,289 | €80,286 | +€64,997 | +425% |
| Recurring financial income | 75 | €15,289 | €23,275 | +€7,986 | +52.2% |
| Non-recurring financial income | 76B | - | €57,011 | +€57,011 | |
| Financial charges | 65/66B | €48,684 | €37,413 | -€11,270 | -23.2% |
| Recurring financial charges | 65 | €48,684 | €37,413 | -€11,270 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €13,216 | -€1,414 | -€14,630 | |
| Income taxes | 67/77 | €1,325 | €16,648 | +€15,323 | +1,156% |
| Profit (loss) for the period | 9904 | €11,891 | -€18,063 | -€29,953 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,891 | -€18,063 | -€29,953 |
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 16 October 2026 via checked.be.