CANTELMOLINE: 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.
CANTELMOLINE
Largest movements
- Tangible fixed assets +€280,809
up €280,809 (+1,351%), from €20,784 to €301,593
of which Land and buildings: +€297,856
- Receivables after one year +€20,725
up €20,725 (+13.8%), from €150,000 to €170,725
- Cash +€14,344
up €14,344 (+10.4%), from €137,420 to €151,765
mainly Debts after one year (+€220,433) and Net result for the year (+€99,351)
- Receivables within one year +€8,665
up €8,665 (+39.0%), from €22,244 to €30,909
of which Other amounts receivable: +€10,344
- Debts after one year +€220,433
up €220,433, from €0 to €220,433
- Other debts +€73,921
up €73,921 (+152%), from €48,594 to €122,515
- Tax, wage and social debts +€19,304
up €19,304 (+116%), from €16,581 to €35,884
of which Taxes: +€19,304
- Current portion of long-term debt +€8,435
up €8,435 (+181%), from €4,661 to €13,096
- Gross operating margin +€62,569
up €62,569 (+52.5%), from €119,107 to €181,676
- Depreciation +€39,961
up €39,961 (+222%), from €18,031 to €57,991
- Financial income +€7,144
up €7,144 (+83.1%), from €8,596 to €15,741
- Taxes +€5,164
up €5,164 (+20.4%), from €25,343 to €30,507
- Financial charges +€3,670
up €3,670 (+137%), from €2,672 to €6,342
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 | €335,654 | €660,400 | +€324,746 | +96.8% |
| Fixed assets | 21/28 | €20,784 | €301,593 | +€280,809 | +1,351% |
| Tangible fixed assets | 22/27 | €20,784 | €301,593 | +€280,809 | +1,351% |
| Land and buildings | 22 | - | €297,856 | +€297,856 | |
| Furniture and vehicles | 24 | €20,784 | €3,736 | -€17,048 | -82.0% |
| Current assets | 29/58 | €314,870 | €358,807 | +€43,937 | +14.0% |
| Amounts receivable after more than one year | 29 | €150,000 | €170,725 | +€20,725 | +13.8% |
| Other amounts receivable | 291 | €150,000 | €170,725 | +€20,725 | +13.8% |
| Amounts receivable within one year | 40/41 | €22,244 | €30,909 | +€8,665 | +39.0% |
| Trade receivables | 40 | €20,570 | €18,891 | -€1,679 | -8.2% |
| Other amounts receivable | 41 | €1,674 | €12,018 | +€10,344 | +618% |
| Cash at bank and in hand | 54/58 | €137,420 | €151,765 | +€14,344 | +10.4% |
| Deferred charges and accrued income | 490/1 | €5,205 | €5,408 | +€203 | +3.9% |
| Total equity and liabilities | 10/49 | €335,654 | €660,400 | +€324,746 | +96.8% |
| Equity | 10/15 | €261,935 | €261,286 | -€649 | -0.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €243,385 | €242,736 | -€649 | -0.3% |
| Distributable reserves | 133 | €243,385 | €242,736 | -€649 | -0.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,719 | €399,114 | +€325,395 | +441% |
| Amounts payable after more than one year | 17 | €0 | €220,433 | +€220,433 | |
| Financial debts | 170/4 | €0 | €220,433 | +€220,433 | |
| Amounts payable within one year | 42/48 | €71,389 | €172,623 | +€101,234 | +142% |
| Current portion of amounts payable after more than one year | 42 | €4,661 | €13,096 | +€8,435 | +181% |
| Financial debts | 43 | €15 | €0 | -€15 | -100% |
| Credit institutions | 430/8 | €15 | €0 | -€15 | -100% |
| Trade debts | 44 | €1,539 | €1,128 | -€411 | -26.7% |
| Suppliers | 440/4 | €1,539 | €1,128 | -€411 | -26.7% |
| Taxes, remuneration and social security | 45 | €16,581 | €35,884 | +€19,304 | +116% |
| Taxes | 450/3 | €14,431 | €33,734 | +€19,304 | +134% |
| Remuneration and social security | 454/9 | €2,150 | €2,150 | = | 0.0% |
| Other amounts payable | 47/48 | €48,594 | €122,515 | +€73,921 | +152% |
| Accrued charges and deferred income | 492/3 | €2,329 | €6,057 | +€3,728 | +160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,031 | €57,991 | +€39,961 | +222% |
| Other operating charges | 640/8 | €1,092 | €3,226 | +€2,133 | +195% |
| Gross operating margin | 9900 | €119,107 | €181,676 | +€62,569 | +52.5% |
| Operating profit (loss) | 9901 | €99,984 | €120,459 | +€20,476 | +20.5% |
| Financial income | 75/76B | €8,596 | €15,741 | +€7,144 | +83.1% |
| Recurring financial income | 75 | €8,596 | €15,741 | +€7,144 | +83.1% |
| Financial charges | 65/66B | €2,672 | €6,342 | +€3,670 | +137% |
| Recurring financial charges | 65 | €2,672 | €6,342 | +€3,670 | +137% |
| Profit (loss) for the period before taxes | 9903 | €105,908 | €129,857 | +€23,950 | +22.6% |
| Income taxes | 67/77 | €25,343 | €30,507 | +€5,164 | +20.4% |
| Profit (loss) for the period | 9904 | €80,564 | €99,351 | +€18,786 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €80,564 | €99,351 | +€18,786 | +23.3% |
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 19 October 2026 via checked.be.