CANNAERTS SERVICE: 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.
CANNAERTS SERVICE
Largest movements
- Cash +€66,728
up €66,728 (+841.7%), from €7,928 to €74,655
mainly Net result for the year (+€74,310) and Depreciation (+€5,073)
- Tangible fixed assets +€2,449
up €2,449 (+17.3%), from €14,133 to €16,582
of which Plant, machinery and equipment: +€5,627
- Receivables within one year +€1,262
up €1,262 (+10.4%), from €12,116 to €13,378
of which Trade receivables: +€2,327
- Profit (loss) carried forward +€74,310
up €74,310 (+1491.5%), from €4,982 to €79,292
- Trade debts -€1,817
down €1,817 (-26.5%), from €6,863 to €5,046
- Other debts -€1,165
down €1,165 (-20.1%), from €5,795 to €4,630
- Gross operating margin +€86,118
up €86,118 (+411.5%), from €20,929 to €107,047
- Taxes +€15,341
up €15,341 (+316.3%), from €4,851 to €20,192
- Staff costs +€4,225
up €4,225 (+228.6%), from €1,848 to €6,073
- Depreciation +€2,686
up €2,686 (+112.5%), from €2,387 to €5,073
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 | €34,244 | €105,567 | +€71,323 | +208.3% |
| Fixed assets | 21/28 | €14,133 | €16,632 | +€2,499 | +17.7% |
| Tangible fixed assets | 22/27 | €14,133 | €16,582 | +€2,449 | +17.3% |
| Plant, machinery and equipment | 23 | €1,912 | €7,539 | +€5,627 | +294.4% |
| Furniture and vehicles | 24 | €12,221 | €9,043 | -€3,179 | -26.0% |
| Financial fixed assets | 28 | - | €50 | +€50 | |
| Current assets | 29/58 | €20,111 | €88,935 | +€68,825 | +342.2% |
| Amounts receivable within one year | 40/41 | €12,116 | €13,378 | +€1,262 | +10.4% |
| Trade receivables | 40 | €10,967 | €13,293 | +€2,327 | +21.2% |
| Other amounts receivable | 41 | €1,149 | €85 | -€1,065 | -92.6% |
| Cash at bank and in hand | 54/58 | €7,928 | €74,655 | +€66,728 | +841.7% |
| Deferred charges and accrued income | 490/1 | €67 | €902 | +€835 | +1248.4% |
| Total equity and liabilities | 10/49 | €34,244 | €105,567 | +€71,323 | +208.3% |
| Equity | 10/15 | €21,582 | €95,892 | +€74,310 | +344.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €10,600 | €10,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,982 | €79,292 | +€74,310 | +1491.5% |
| Amounts payable | 17/49 | €12,662 | €9,675 | -€2,986 | -23.6% |
| Amounts payable within one year | 42/48 | €12,662 | €9,675 | -€2,986 | -23.6% |
| Trade debts | 44 | €6,863 | €5,046 | -€1,817 | -26.5% |
| Suppliers | 440/4 | €6,863 | €5,046 | -€1,817 | -26.5% |
| Taxes, remuneration and social security | 45 | €4 | - | -€4 | |
| Taxes | 450/3 | €4 | - | -€4 | |
| Other amounts payable | 47/48 | €5,795 | €4,630 | -€1,165 | -20.1% |
| Remuneration, social security and pensions | 62 | €1,848 | €6,073 | +€4,225 | +228.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,387 | €5,073 | +€2,686 | +112.5% |
| Other operating charges | 640/8 | €754 | €1,074 | +€320 | +42.4% |
| Gross operating margin | 9900 | €20,929 | €107,047 | +€86,118 | +411.5% |
| Operating profit (loss) | 9901 | €15,940 | €94,827 | +€78,887 | +494.9% |
| Financial charges | 65/66B | €342 | €326 | -€16 | -4.6% |
| Recurring financial charges | 65 | €342 | €326 | -€16 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €15,598 | €94,501 | +€78,903 | +505.9% |
| Income taxes | 67/77 | €4,851 | €20,192 | +€15,341 | +316.3% |
| Profit (loss) for the period | 9904 | €10,747 | €74,310 | +€63,562 | +591.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,747 | €74,310 | +€63,562 | +591.4% |
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 10 October 2026 via checked.be.