Canoés: 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.
What changed
Canoés
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€92,397
2025 · €93,449-€1,053
Equity
€390,227
2025 · €298,593+€91,633
Cash
€20,455
2025 · €44,063-€23,608
Balance sheet total
€2.8m
2025 · €2.8m-€36,410
Largest movements
Assets
- Tangible fixed assets -€37,805
down €37,805 (-1.8%), from €2.1m to €2.0m
of which Land and buildings: -€48,854
Equity and liabilities
- Debts after one year -€104,889
down €104,889 (-4.8%), from €2.2m to €2.1m
of which Financial debts: -€104,889
- Profit (loss) carried forward +€92,397
up €92,397 (+111.1%), from €83,197 to €175,594
Income statement
- Gross operating margin -€23,334
down €23,334 (-8.1%), from €288,670 to €265,336
- Financial charges -€6,838
down €6,838 (-10.0%), from €68,066 to €61,228
From the 2025 result to the 2026 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.
Result 2025
€93,449
Gross operating margin
-€23,334
Staff costs
+€11
Depreciation
+€465
Other operating charges
+€733
Other operating items
+€11,580
Financial income
+€11
Financial charges
+€6,838
Taxes
+€2,643
Result 2026
€92,397
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€102,505
Investment
-€30,149
Financing
-€95,963
Cash 2025
€44,063
From operations (derived)
+€102,505
Net result for the year
+€92,397
Depreciation
+€67,954
Receivables within one year
-€24,354
Deferred charges and accrued income
-€649
Smaller working-capital items
+€59
Tax, wage and social debts
-€18,750
Accrued charges and deferred income
-€14,152
Investment (derived)
-€30,149
Investment in fixed assets (net)
-€30,149
Financing
-€95,963
Debts after one year
-€104,889
Current portion of long-term debt
+€4,800
Short-term financial debts
+€4,889
Contributions, distributions and other
-€763
Cash 2026
€20,455
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,786,967 | €2,750,557 | -€36,410 | -1.3% |
| Fixed assets | 21/28 | €2,680,750 | €2,642,945 | -€37,805 | -1.4% |
| Tangible fixed assets | 22/27 | €2,061,600 | €2,023,795 | -€37,805 | -1.8% |
| Land and buildings | 22 | €2,019,062 | €1,970,208 | -€48,854 | -2.4% |
| Plant, machinery and equipment | 23 | €30,138 | €29,226 | -€912 | -3.0% |
| Furniture and vehicles | 24 | €12,401 | €24,361 | +€11,960 | +96.4% |
| Financial fixed assets | 28 | €619,150 | €619,150 | = | 0.0% |
| Current assets | 29/58 | €106,217 | €107,612 | +€1,395 | +1.3% |
| Amounts receivable within one year | 40/41 | €55,951 | €80,305 | +€24,354 | +43.5% |
| Trade receivables | 40 | €55,894 | €79,888 | +€23,994 | +42.9% |
| Other amounts receivable | 41 | €57 | €417 | +€360 | +628.6% |
| Cash at bank and in hand | 54/58 | €44,063 | €20,455 | -€23,608 | -53.6% |
| Deferred charges and accrued income | 490/1 | €6,203 | €6,852 | +€649 | +10.5% |
| Total equity and liabilities | 10/49 | €2,786,967 | €2,750,557 | -€36,410 | -1.3% |
| Equity | 10/15 | €298,593 | €390,227 | +€91,633 | +30.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Revaluation surpluses | 12 | €156,415 | €145,977 | -€10,438 | -6.7% |
| Reserves | 13 | €31,313 | €41,751 | +€10,438 | +33.3% |
| Distributable reserves | 133 | €31,313 | €41,751 | +€10,438 | +33.3% |
| Profit (loss) carried forward | 14 | €83,197 | €175,594 | +€92,397 | +111.1% |
| Investment grants | 15 | €23,668 | €22,905 | -€763 | -3.2% |
| Provisions and deferred taxes | 16 | €5,917 | €5,726 | -€191 | -3.2% |
| Deferred taxes | 168 | €5,917 | €5,726 | -€191 | -3.2% |
| Amounts payable | 17/49 | €2,482,457 | €2,354,604 | -€127,853 | -5.2% |
| Amounts payable after more than one year | 17 | €2,190,931 | €2,086,042 | -€104,889 | -4.8% |
| Financial debts | 170/4 | €2,181,241 | €2,076,352 | -€104,889 | -4.8% |
| Other amounts payable | 178/9 | €9,690 | €9,690 | = | 0.0% |
| Amounts payable within one year | 42/48 | €277,373 | €268,562 | -€8,812 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €144,069 | €148,869 | +€4,800 | +3.3% |
| Financial debts | 43 | €5,303 | €10,192 | +€4,889 | +92.2% |
| Credit institutions | 430/8 | €5,303 | €10,192 | +€4,889 | +92.2% |
| Trade debts | 44 | €77,548 | €77,797 | +€250 | +0.3% |
| Suppliers | 440/4 | €77,548 | €77,797 | +€250 | +0.3% |
| Taxes, remuneration and social security | 45 | €50,454 | €31,703 | -€18,750 | -37.2% |
| Taxes | 450/3 | €48,258 | €29,465 | -€18,792 | -38.9% |
| Remuneration and social security | 454/9 | €2,196 | €2,238 | +€42 | +1.9% |
| Accrued charges and deferred income | 492/3 | €14,152 | - | -€14,152 | |
| Non-recurring operating income | 76A | €41 | - | -€41 | |
| Remuneration, social security and pensions | 62 | €11 | - | -€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,419 | €67,954 | -€465 | -0.7% |
| Other operating charges | 640/8 | €11,236 | €10,503 | -€733 | -6.5% |
| Non-recurring operating charges | 66A | €11,580 | - | -€11,580 | |
| Gross operating margin | 9900 | €288,670 | €265,336 | -€23,334 | -8.1% |
| Operating profit (loss) | 9901 | €197,424 | €186,879 | -€10,545 | -5.3% |
| Financial income | 75/76B | €763 | €775 | +€11 | +1.5% |
| Recurring financial income | 75 | €763 | €775 | +€11 | +1.5% |
| Financial charges | 65/66B | €68,066 | €61,228 | -€6,838 | -10.0% |
| Recurring financial charges | 65 | €68,066 | €61,228 | -€6,838 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €130,122 | €126,426 | -€3,695 | -2.8% |
| Transfer from deferred taxes | 780 | €191 | €191 | = | 0.0% |
| Income taxes | 67/77 | €36,863 | €34,220 | -€2,643 | -7.2% |
| Profit (loss) for the period | 9904 | €93,449 | €92,397 | -€1,053 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €93,449 | €92,397 | -€1,053 | -1.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.