CANNOOT D & D: 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.
CANNOOT D & D
Largest movements
- Cash +€87,586
up €87,586 (+25.2%), from €347,579 to €435,165
mainly Net result for the year (+€68,287) and Depreciation (+€39,679)
- Receivables within one year -€12,047
down €12,047 (-23.0%), from €52,454 to €40,407
of which Trade receivables: -€18,303
- Tangible fixed assets -€8,155
down €8,155 (-16.2%), from €50,458 to €42,302
of which Furniture and vehicles: -€4,228
- Reserves +€43,987
up €43,987 (+10.3%), from €425,469 to €469,456
of which Distributable reserves: +€47,123
- Other debts +€35,241
up €35,241 (+18.9%), from €186,863 to €222,105
- Trade debts -€19,711
down €19,711 (-62.3%), from €31,657 to €11,946
- Tax, wage and social debts +€10,481
up €10,481 (+67.3%), from €15,568 to €26,049
of which Taxes: +€7,079
- Financial income +€13,348
up €13,348 (+790%), from €1,690 to €15,038
of which Non-recurring financial income: +€6,703
- Gross operating margin -€6,560
down €6,560 (-4.1%), from €158,834 to €152,274
- Depreciation +€6,381
up €6,381 (+19.2%), from €33,298 to €39,679
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 | €684,341 | €753,294 | +€68,953 | +10.1% |
| Fixed assets | 21/28 | €50,593 | €42,437 | -€8,155 | -16.1% |
| Tangible fixed assets | 22/27 | €50,458 | €42,302 | -€8,155 | -16.2% |
| Plant, machinery and equipment | 23 | €19,387 | €15,459 | -€3,928 | -20.3% |
| Furniture and vehicles | 24 | €31,071 | €26,843 | -€4,228 | -13.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €633,748 | €710,856 | +€77,108 | +12.2% |
| Stocks and contracts in progress | 3 | €25,293 | €27,296 | +€2,003 | +7.9% |
| Stocks | 30/36 | €25,293 | €27,296 | +€2,003 | +7.9% |
| Amounts receivable within one year | 40/41 | €52,454 | €40,407 | -€12,047 | -23.0% |
| Trade receivables | 40 | €52,195 | €33,893 | -€18,303 | -35.1% |
| Other amounts receivable | 41 | €259 | €6,514 | +€6,255 | +2,415% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €347,579 | €435,165 | +€87,586 | +25.2% |
| Deferred charges and accrued income | 490/1 | €8,421 | €7,987 | -€434 | -5.2% |
| Total equity and liabilities | 10/49 | €684,341 | €753,294 | +€68,953 | +10.1% |
| Equity | 10/15 | €445,469 | €489,456 | +€43,987 | +9.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €425,469 | €469,456 | +€43,987 | +10.3% |
| Tax-exempt reserves | 132 | €127,006 | €123,870 | -€3,136 | -2.5% |
| Distributable reserves | 133 | €298,463 | €345,586 | +€47,123 | +15.8% |
| Provisions and deferred taxes | 16 | €4,711 | €3,666 | -€1,045 | -22.2% |
| Deferred taxes | 168 | €4,711 | €3,666 | -€1,045 | -22.2% |
| Amounts payable | 17/49 | €234,161 | €260,172 | +€26,011 | +11.1% |
| Amounts payable within one year | 42/48 | €234,088 | €260,099 | +€26,011 | +11.1% |
| Trade debts | 44 | €31,657 | €11,946 | -€19,711 | -62.3% |
| Suppliers | 440/4 | €31,657 | €11,946 | -€19,711 | -62.3% |
| Taxes, remuneration and social security | 45 | €15,568 | €26,049 | +€10,481 | +67.3% |
| Taxes | 450/3 | €15,568 | €22,647 | +€7,079 | +45.5% |
| Remuneration and social security | 454/9 | - | €3,401 | +€3,401 | |
| Other amounts payable | 47/48 | €186,863 | €222,105 | +€35,241 | +18.9% |
| Accrued charges and deferred income | 492/3 | €73 | €73 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,298 | €39,679 | +€6,381 | +19.2% |
| Other operating charges | 640/8 | €14,528 | €14,082 | -€445 | -3.1% |
| Gross operating margin | 9900 | €158,834 | €152,274 | -€6,560 | -4.1% |
| Operating profit (loss) | 9901 | €111,009 | €98,513 | -€12,496 | -11.3% |
| Financial income | 75/76B | €1,690 | €15,038 | +€13,348 | +790% |
| Recurring financial income | 75 | €1,690 | €8,335 | +€6,646 | +393% |
| Non-recurring financial income | 76B | - | €6,703 | +€6,703 | |
| Financial charges | 65/66B | €13,538 | €13,183 | -€355 | -2.6% |
| Recurring financial charges | 65 | €13,538 | €13,183 | -€355 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €99,160 | €100,368 | +€1,208 | +1.2% |
| Transfer from deferred taxes | 780 | €345 | €1,045 | +€700 | +203% |
| Income taxes | 67/77 | €32,034 | €33,126 | +€1,092 | +3.4% |
| Profit (loss) for the period | 9904 | €67,471 | €68,287 | +€816 | +1.2% |
| Transfer from tax-exempt reserves | 789 | €1,036 | €3,136 | +€2,100 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €68,508 | €71,423 | +€2,915 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.