Canivet frères: 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.
Canivet frères
Largest movements
- Receivables within one year +€54,062
up €54,062 (+79.8%), from €67,733 to €121,795
of which Trade receivables: +€50,556
- Cash -€6,205
down €6,205 (-55.8%), from €11,127 to €4,922
mainly Receivables within one year (-€54,062) and Trade debts (-€37,934)
- Profit (loss) carried forward +€66,927
up €66,927 (+15.2%), from -€439,281 to -€372,353
- Trade debts -€37,934
down €37,934 (-19.3%), from €196,555 to €158,621
- Other debts +€14,185
up €14,185 (+37.7%), from €37,657 to €51,842
- Tax, wage and social debts +€3,989
up €3,989, from €0 to €3,989
of which Remuneration and social security: +€3,989
- Gross operating margin +€58,260
up €58,260 (+222%), from €26,265 to €84,525
- Staff costs -€39,132
down €39,132 (-75.0%), from €52,153 to €13,021
- Depreciation -€1,784
down €1,784 (-100%), from €1,784 to €0
- Financial income +€901
new in 2024: €901
- Other operating charges -€853
down €853 (-44.2%), from €1,931 to €1,078
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,285 | €213,452 | +€47,167 | +28.4% |
| Fixed assets | 21/28 | €82,235 | €82,235 | = | 0.0% |
| Tangible fixed assets | 22/27 | €78,115 | €78,115 | = | 0.0% |
| Land and buildings | 22 | €78,115 | €78,115 | = | 0.0% |
| Financial fixed assets | 28 | €4,120 | €4,120 | = | 0.0% |
| Current assets | 29/58 | €84,050 | €131,217 | +€47,167 | +56.1% |
| Amounts receivable within one year | 40/41 | €67,733 | €121,795 | +€54,062 | +79.8% |
| Trade receivables | 40 | €62,258 | €112,814 | +€50,556 | +81.2% |
| Other amounts receivable | 41 | €5,475 | €8,981 | +€3,506 | +64.0% |
| Cash at bank and in hand | 54/58 | €11,127 | €4,922 | -€6,205 | -55.8% |
| Deferred charges and accrued income | 490/1 | €5,189 | €4,500 | -€690 | -13.3% |
| Total equity and liabilities | 10/49 | €166,285 | €213,452 | +€47,167 | +28.4% |
| Equity | 10/15 | -€107,952 | -€41,024 | +€66,927 | +62.0% |
| Contributions | 10/11 | €149,000 | €149,000 | = | 0.0% |
| Reserves | 13 | €182,329 | €182,329 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €167,455 | €167,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€439,281 | -€372,353 | +€66,927 | +15.2% |
| Amounts payable | 17/49 | €274,237 | €254,476 | -€19,760 | -7.2% |
| Amounts payable within one year | 42/48 | €274,212 | €254,452 | -€19,760 | -7.2% |
| Financial debts | 43 | €40,000 | €40,000 | = | 0.0% |
| Credit institutions | 430/8 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | €196,555 | €158,621 | -€37,934 | -19.3% |
| Suppliers | 440/4 | €196,555 | €158,621 | -€37,934 | -19.3% |
| Taxes, remuneration and social security | 45 | €0 | €3,989 | +€3,989 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | - | €3,989 | +€3,989 | |
| Other amounts payable | 47/48 | €37,657 | €51,842 | +€14,185 | +37.7% |
| Accrued charges and deferred income | 492/3 | €25 | €25 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €52,153 | €13,021 | -€39,132 | -75.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,784 | €0 | -€1,784 | -100% |
| Other operating charges | 640/8 | €1,931 | €1,078 | -€853 | -44.2% |
| Gross operating margin | 9900 | €26,265 | €84,525 | +€58,260 | +222% |
| Operating profit (loss) | 9901 | -€29,603 | €70,426 | +€100,029 | |
| Financial income | 75/76B | - | €901 | +€901 | |
| Recurring financial income | 75 | - | €901 | +€901 | |
| Financial charges | 65/66B | €4,191 | €4,400 | +€209 | +5.0% |
| Recurring financial charges | 65 | €4,191 | €4,400 | +€209 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€33,794 | €66,927 | +€100,721 | |
| Profit (loss) for the period | 9904 | -€33,794 | €66,927 | +€100,721 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,794 | €66,927 | +€100,721 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.