CANTEIRA: 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.
CANTEIRA
Largest movements
- Tangible fixed assets -€76,635
down €76,635 (-23.3%), from €329,161 to €252,526
of which Land and buildings: -€52,009
- Stocks and contracts -€49,331
down €49,331 (-15.2%), from €324,214 to €274,883
- Receivables within one year -€22,113
down €22,113 (-35.0%), from €63,236 to €41,123
of which Trade receivables: -€13,171
- Cash +€21,570
up €21,570 (+4.0%), from €538,853 to €560,423
mainly Other debts (+€327,377) and Depreciation (+€76,635)
- Other debts +€327,377
up €327,377 (+48895.1%), from €670 to €328,046
- Reserves -€273,446
down €273,446 (-43.6%), from €626,753 to €353,307
of which Distributable reserves: -€273,446
- Trade debts -€91,460
down €91,460 (-22.5%), from €406,681 to €315,221
- Debts after one year -€76,314
down €76,314 (-50.4%), from €151,314 to €75,000
of which Financial debts: -€42,644
- Staff costs +€9,769
up €9,769 (+59.5%), from €16,431 to €26,199
- Gross operating margin +€8,792
up €8,792 (+5.2%), from €168,459 to €177,250
- Other operating charges -€3,884
down €3,884 (-42.7%), from €9,093 to €5,209
- Financial charges -€2,540
down €2,540 (-47.2%), from €5,381 to €2,841
- Taxes +€2,439
up €2,439 (+14.2%), from €17,121 to €19,560
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 | €1,261,822 | €1,135,301 | -€126,521 | -10.0% |
| Fixed assets | 21/28 | €329,161 | €252,526 | -€76,635 | -23.3% |
| Tangible fixed assets | 22/27 | €329,161 | €252,526 | -€76,635 | -23.3% |
| Land and buildings | 22 | €213,947 | €161,938 | -€52,009 | -24.3% |
| Plant, machinery and equipment | 23 | €90,845 | €78,659 | -€12,186 | -13.4% |
| Furniture and vehicles | 24 | €24,369 | €11,929 | -€12,440 | -51.0% |
| Current assets | 29/58 | €932,661 | €882,776 | -€49,886 | -5.3% |
| Stocks and contracts in progress | 3 | €324,214 | €274,883 | -€49,331 | -15.2% |
| Stocks | 30/36 | €324,214 | €274,883 | -€49,331 | -15.2% |
| Amounts receivable within one year | 40/41 | €63,236 | €41,123 | -€22,113 | -35.0% |
| Trade receivables | 40 | €32,645 | €19,473 | -€13,171 | -40.3% |
| Other amounts receivable | 41 | €30,591 | €21,650 | -€8,941 | -29.2% |
| Cash at bank and in hand | 54/58 | €538,853 | €560,423 | +€21,570 | +4.0% |
| Deferred charges and accrued income | 490/1 | €6,359 | €6,347 | -€12 | -0.2% |
| Total equity and liabilities | 10/49 | €1,261,822 | €1,135,301 | -€126,521 | -10.0% |
| Equity | 10/15 | €626,753 | €353,307 | -€273,446 | -43.6% |
| Reserves | 13 | €626,753 | €353,307 | -€273,446 | -43.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €626,753 | €353,307 | -€273,446 | -43.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €635,069 | €781,994 | +€146,925 | +23.1% |
| Amounts payable after more than one year | 17 | €151,314 | €75,000 | -€76,314 | -50.4% |
| Financial debts | 170/4 | €117,644 | €75,000 | -€42,644 | -36.2% |
| Other amounts payable | 178/9 | €33,670 | €0 | -€33,670 | -100.0% |
| Amounts payable within one year | 42/48 | €453,138 | €688,619 | +€235,481 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €42,541 | €42,644 | +€103 | +0.2% |
| Trade debts | 44 | €406,681 | €315,221 | -€91,460 | -22.5% |
| Suppliers | 440/4 | €406,681 | €315,221 | -€91,460 | -22.5% |
| Taxes, remuneration and social security | 45 | €3,246 | €2,708 | -€539 | -16.6% |
| Taxes | 450/3 | €1,187 | €1,572 | +€385 | +32.4% |
| Remuneration and social security | 454/9 | €2,059 | €1,136 | -€923 | -44.8% |
| Other amounts payable | 47/48 | €670 | €328,046 | +€327,377 | +48895.1% |
| Accrued charges and deferred income | 492/3 | €30,617 | €18,375 | -€12,242 | -40.0% |
| Remuneration, social security and pensions | 62 | €16,431 | €26,199 | +€9,769 | +59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,580 | €76,635 | -€1,945 | -2.5% |
| Other operating charges | 640/8 | €9,093 | €5,209 | -€3,884 | -42.7% |
| Gross operating margin | 9900 | €168,459 | €177,250 | +€8,792 | +5.2% |
| Operating profit (loss) | 9901 | €64,355 | €69,206 | +€4,852 | +7.5% |
| Financial income | 75/76B | €1,573 | €2,748 | +€1,175 | +74.7% |
| Recurring financial income | 75 | €1,573 | €2,748 | +€1,175 | +74.7% |
| Financial charges | 65/66B | €5,381 | €2,841 | -€2,540 | -47.2% |
| Recurring financial charges | 65 | €5,381 | €2,841 | -€2,540 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €60,547 | €69,114 | +€8,567 | +14.1% |
| Income taxes | 67/77 | €17,121 | €19,560 | +€2,439 | +14.2% |
| Profit (loss) for the period | 9904 | €43,426 | €49,554 | +€6,128 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,426 | €49,554 | +€6,128 | +14.1% |
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 12 October 2026 via checked.be.