CANOPEA: 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.
CANOPEA
Largest movements
- Cash +€394,352
up €394,352 (+84.8%), from €465,143 to €859,496
mainly Accrued charges and deferred income (+€285,592) and Net result for the year (+€154,228)
- Receivables within one year +€104,244
up €104,244 (+13.7%), from €759,420 to €863,663
of which Other amounts receivable: +€125,541
- Deferred charges and accrued income -€20,090
down €20,090 (-47.5%), from €42,255 to €22,165
- Accrued charges and deferred income +€285,592
up €285,592 (+92.6%), from €308,486 to €594,079
- Profit (loss) carried forward +€154,228
up €154,228 (+43.5%), from €354,665 to €508,894
- Provisions +€25,000
new in 2025: €25,000
- Purchases and services -€290,325
down €290,325 (-43.1%), from €673,476 to €383,151
- Gross operating margin -€261,299
down €261,299 (-10.6%), from €2.5m to €2.2m
- Staff costs -€161,543
down €161,543 (-7.6%), from €2.1m to €2.0m
- Other operating charges +€25,659
up €25,659 (+28,009%), from €92 to €25,750
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 | €1,293,301 | €1,756,412 | +€463,112 | +35.8% |
| Fixed assets | 21/28 | €26,483 | €10,584 | -€15,899 | -60.0% |
| Tangible fixed assets | 22/27 | €13,287 | €9,804 | -€3,483 | -26.2% |
| Furniture and vehicles | 24 | €13,287 | €9,804 | -€3,483 | -26.2% |
| Financial fixed assets | 28 | €13,196 | €780 | -€12,416 | -94.1% |
| Current assets | 29/58 | €1,266,818 | €1,745,828 | +€479,010 | +37.8% |
| Stocks and contracts in progress | 3 | - | €504 | +€504 | |
| Stocks | 30/36 | - | €504 | +€504 | |
| Amounts receivable within one year | 40/41 | €759,420 | €863,663 | +€104,244 | +13.7% |
| Trade receivables | 40 | €33,988 | €12,691 | -€21,297 | -62.7% |
| Other amounts receivable | 41 | €725,432 | €850,972 | +€125,541 | +17.3% |
| Cash at bank and in hand | 54/58 | €465,143 | €859,496 | +€394,352 | +84.8% |
| Deferred charges and accrued income | 490/1 | €42,255 | €22,165 | -€20,090 | -47.5% |
| Total equity and liabilities | 10/49 | €1,293,301 | €1,756,412 | +€463,112 | +35.8% |
| Equity | 10/15 | €628,596 | €782,824 | +€154,228 | +24.5% |
| Contributions | 10/11 | €3,709 | €3,709 | = | 0.0% |
| Capital | 10 | €3,709 | €3,709 | = | 0.0% |
| Reserves | 13 | €270,221 | €270,221 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €354,665 | €508,894 | +€154,228 | +43.5% |
| Provisions and deferred taxes | 16 | - | €25,000 | +€25,000 | |
| Provisions for liabilities and charges | 160/5 | - | €25,000 | +€25,000 | |
| Other liabilities and charges | 164/5 | - | €25,000 | +€25,000 | |
| Amounts payable | 17/49 | €664,705 | €948,588 | +€283,883 | +42.7% |
| Amounts payable within one year | 42/48 | €356,218 | €354,509 | -€1,709 | -0.5% |
| Trade debts | 44 | €71,495 | €74,303 | +€2,808 | +3.9% |
| Suppliers | 440/4 | €71,495 | €74,303 | +€2,808 | +3.9% |
| Taxes, remuneration and social security | 45 | €270,961 | €266,444 | -€4,517 | -1.7% |
| Taxes | 450/3 | €18,284 | €19,818 | +€1,534 | +8.4% |
| Remuneration and social security | 454/9 | €252,676 | €246,626 | -€6,051 | -2.4% |
| Accrued charges and deferred income | 492/3 | €308,486 | €594,079 | +€285,592 | +92.6% |
| Turnover | 70 | €98,935 | €119,328 | +€20,393 | +20.6% |
| Membership fees, donations, legacies and grants | 73 | €3,030,990 | €2,462,027 | -€568,963 | -18.8% |
| Non-recurring operating income | 76A | €3,054 | €0 | -€3,054 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €673,476 | €383,151 | -€290,325 | -43.1% |
| Remuneration, social security and pensions | 62 | €2,138,891 | €1,977,349 | -€161,543 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,067 | €8,952 | -€1,115 | -11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,653 | - | -€1,653 | |
| Other operating charges | 640/8 | €92 | €25,750 | +€25,659 | +28,009% |
| Non-recurring operating charges | 66A | €253 | €5,178 | +€4,925 | +1,947% |
| Gross operating margin | 9900 | €2,459,503 | €2,198,203 | -€261,299 | -10.6% |
| Operating profit (loss) | 9901 | €308,547 | €155,975 | -€152,572 | -49.4% |
| Financial income | 75/76B | €1,570 | €2,635 | +€1,065 | +67.8% |
| Recurring financial income | 75 | €1,570 | €2,635 | +€1,065 | +67.8% |
| Financial charges | 65/66B | €7,970 | €4,381 | -€3,588 | -45.0% |
| Recurring financial charges | 65 | €7,970 | €4,381 | -€3,588 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €302,148 | €154,228 | -€147,919 | -49.0% |
| Income taxes | 67/77 | €5,800 | - | -€5,800 | |
| Profit (loss) for the period | 9904 | €296,348 | €154,228 | -€142,119 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €296,348 | €154,228 | -€142,119 | -48.0% |
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 13 October 2026 via checked.be.