CANNOODT: 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.
CANNOODT
Largest movements
- Tangible fixed assets -€44,527
down €44,527 (-23.1%), from €192,410 to €147,882
of which Land and buildings: -€35,111
- Cash +€7,082
up €7,082 (+10.4%), from €67,847 to €74,929
mainly Depreciation (+€44,527) and Tax, wage and social debts (+€16,109)
- Reserves -€77,711
down €77,711 (-26.9%), from €288,911 to €211,200
of which Distributable reserves: -€39,175
- Tax, wage and social debts +€16,109
up €16,109 (+934.3%), from €1,724 to €17,833
- Profit (loss) carried forward +€14,507
up €14,507 (+134.5%), from €10,786 to €25,292
- Trade debts +€11,366
new in 2025: €11,366
- Gross operating margin -€22,408
down €22,408 (-34.0%), from €65,853 to €43,445
- Depreciation +€5,917
up €5,917 (+15.3%), from €38,610 to €44,527
- Financial charges -€1,152
down €1,152 (-16.9%), from €6,807 to €5,655
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 | €471,233 | €431,427 | -€39,806 | -8.4% |
| Fixed assets | 21/28 | €192,410 | €147,882 | -€44,527 | -23.1% |
| Tangible fixed assets | 22/27 | €192,410 | €147,882 | -€44,527 | -23.1% |
| Land and buildings | 22 | €143,190 | €108,079 | -€35,111 | -24.5% |
| Plant, machinery and equipment | 23 | €12,675 | €11,324 | -€1,351 | -10.7% |
| Furniture and vehicles | 24 | €36,545 | €28,479 | -€8,065 | -22.1% |
| Current assets | 29/58 | €278,823 | €283,544 | +€4,721 | +1.7% |
| Amounts receivable within one year | 40/41 | €4,941 | €2,538 | -€2,402 | -48.6% |
| Trade receivables | 40 | €3,659 | €2,538 | -€1,121 | -30.6% |
| Other amounts receivable | 41 | €1,281 | €0 | -€1,281 | -100.0% |
| Current investments | 50/53 | €205,000 | €205,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,847 | €74,929 | +€7,082 | +10.4% |
| Deferred charges and accrued income | 490/1 | €1,035 | €1,077 | +€42 | +4.0% |
| Total equity and liabilities | 10/49 | €471,233 | €431,427 | -€39,806 | -8.4% |
| Equity | 10/15 | €361,697 | €298,492 | -€63,205 | -17.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €288,911 | €211,200 | -€77,711 | -26.9% |
| Non-distributable reserves | 130/1 | €211,200 | €211,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €205,000 | €205,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,536 | €0 | -€38,536 | -100.0% |
| Distributable reserves | 133 | €39,175 | €0 | -€39,175 | -100.0% |
| Profit (loss) carried forward | 14 | €10,786 | €25,292 | +€14,507 | +134.5% |
| Amounts payable | 17/49 | €109,536 | €132,934 | +€23,399 | +21.4% |
| Amounts payable after more than one year | 17 | €25,354 | €20,728 | -€4,626 | -18.2% |
| Financial debts | 170/4 | €25,354 | €20,728 | -€4,626 | -18.2% |
| Amounts payable within one year | 42/48 | €80,702 | €112,206 | +€31,505 | +39.0% |
| Current portion of amounts payable after more than one year | 42 | €4,422 | €4,626 | +€203 | +4.6% |
| Trade debts | 44 | - | €11,366 | +€11,366 | |
| Suppliers | 440/4 | - | €11,366 | +€11,366 | |
| Taxes, remuneration and social security | 45 | €1,724 | €17,833 | +€16,109 | +934.3% |
| Taxes | 450/3 | €1,724 | €17,833 | +€16,109 | +934.3% |
| Other amounts payable | 47/48 | €74,555 | €78,382 | +€3,827 | +5.1% |
| Accrued charges and deferred income | 492/3 | €3,480 | €0 | -€3,480 | -100.0% |
| Non-recurring operating income | 76A | €526 | €0 | -€526 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,610 | €44,527 | +€5,917 | +15.3% |
| Other operating charges | 640/8 | €7,583 | €7,327 | -€256 | -3.4% |
| Gross operating margin | 9900 | €65,853 | €43,445 | -€22,408 | -34.0% |
| Operating profit (loss) | 9901 | €19,660 | -€8,409 | -€28,069 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +200.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200.0% |
| Financial charges | 65/66B | €6,807 | €5,655 | -€1,152 | -16.9% |
| Recurring financial charges | 65 | €6,807 | €5,655 | -€1,152 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €12,853 | -€14,064 | -€26,917 | |
| Income taxes | 67/77 | €233 | €140 | -€92 | -39.7% |
| Profit (loss) for the period | 9904 | €12,620 | -€14,205 | -€26,825 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,620 | -€14,205 | -€26,825 |
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 10 October 2026 via checked.be.