CANOPY IT: 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.
CANOPY IT
Largest movements
- Cash +€26,531
up €26,531 (+6.3%), from €418,800 to €445,331
mainly Other debts (+€211,014) and Net result for the year (+€57,699)
- Tangible fixed assets +€13,267
up €13,267 (+12.2%), from €108,952 to €122,220
of which Plant, machinery and equipment: +€41,673
- Receivables within one year -€11,064
down €11,064 (-20.2%), from €54,896 to €43,832
of which Trade receivables: -€24,213
- Other debts +€211,014
up €211,014 (+484%), from €43,628 to €254,642
- Reserves -€179,809
down €179,809 (-41.0%), from €438,200 to €258,391
of which Distributable reserves: -€179,809
- Trade debts -€11,067
down €11,067 (-94.6%), from €11,698 to €631
- Tax, wage and social debts +€8,771
up €8,771 (+46.2%), from €18,988 to €27,759
of which Taxes: +€4,900
- Gross operating margin -€50,100
down €50,100 (-28.9%), from €173,554 to €123,454
- Taxes -€16,667
down €16,667 (-42.4%), from €39,288 to €22,621
- Depreciation +€4,332
up €4,332 (+13.5%), from €32,095 to €36,427
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 | €585,660 | €614,996 | +€29,336 | +5.0% |
| Fixed assets | 21/28 | €109,002 | €122,270 | +€13,267 | +12.2% |
| Tangible fixed assets | 22/27 | €108,952 | €122,220 | +€13,267 | +12.2% |
| Land and buildings | 22 | €40,304 | €26,907 | -€13,397 | -33.2% |
| Plant, machinery and equipment | 23 | €37,047 | €78,720 | +€41,673 | +112% |
| Furniture and vehicles | 24 | €29,937 | €15,158 | -€14,779 | -49.4% |
| Other tangible fixed assets | 26 | €1,663 | €1,435 | -€229 | -13.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €476,658 | €492,727 | +€16,069 | +3.4% |
| Amounts receivable within one year | 40/41 | €54,896 | €43,832 | -€11,064 | -20.2% |
| Trade receivables | 40 | €54,896 | €30,683 | -€24,213 | -44.1% |
| Other amounts receivable | 41 | - | €13,149 | +€13,149 | |
| Cash at bank and in hand | 54/58 | €418,800 | €445,331 | +€26,531 | +6.3% |
| Deferred charges and accrued income | 490/1 | €2,961 | €3,563 | +€602 | +20.3% |
| Total equity and liabilities | 10/49 | €585,660 | €614,996 | +€29,336 | +5.0% |
| Equity | 10/15 | €511,346 | €330,704 | -€180,642 | -35.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €438,200 | €258,391 | -€179,809 | -41.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €436,200 | €256,391 | -€179,809 | -41.2% |
| Profit (loss) carried forward | 14 | €66,146 | €65,313 | -€833 | -1.3% |
| Amounts payable | 17/49 | €74,314 | €284,292 | +€209,979 | +283% |
| Amounts payable within one year | 42/48 | €74,314 | €283,032 | +€208,719 | +281% |
| Trade debts | 44 | €11,698 | €631 | -€11,067 | -94.6% |
| Suppliers | 440/4 | €11,698 | €631 | -€11,067 | -94.6% |
| Taxes, remuneration and social security | 45 | €18,988 | €27,759 | +€8,771 | +46.2% |
| Taxes | 450/3 | €16,498 | €21,398 | +€4,900 | +29.7% |
| Remuneration and social security | 454/9 | €2,490 | €6,360 | +€3,871 | +155% |
| Other amounts payable | 47/48 | €43,628 | €254,642 | +€211,014 | +484% |
| Accrued charges and deferred income | 492/3 | - | €1,260 | +€1,260 | |
| Remuneration, social security and pensions | 62 | €3,262 | €1,743 | -€1,519 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,095 | €36,427 | +€4,332 | +13.5% |
| Other operating charges | 640/8 | €3,500 | €4,482 | +€981 | +28.0% |
| Non-recurring operating charges | 66A | €685 | - | -€685 | |
| Gross operating margin | 9900 | €173,554 | €123,454 | -€50,100 | -28.9% |
| Operating profit (loss) | 9901 | €134,012 | €80,803 | -€53,209 | -39.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €577 | €483 | -€94 | -16.3% |
| Recurring financial charges | 65 | €577 | €483 | -€94 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €133,435 | €80,320 | -€53,115 | -39.8% |
| Income taxes | 67/77 | €39,288 | €22,621 | -€16,667 | -42.4% |
| Profit (loss) for the period | 9904 | €94,147 | €57,699 | -€36,448 | -38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €94,147 | €57,699 | -€36,448 | -38.7% |
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 17 October 2026 via checked.be.