Cantera: 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.
Cantera
Largest movements
- Stocks and contracts +€43,374
up €43,374 (+79.1%), from €54,822 to €98,196
- Deferred charges and accrued income -€9,000
down €9,000 (-100%), from €9,000 to €0
- Tangible fixed assets +€6,003
up €6,003 (+23.0%), from €26,097 to €32,100
of which Plant, machinery and equipment: +€9,315
- Reserves +€21,563
up €21,563 (+28.5%), from €75,660 to €97,223
- Trade debts +€15,660
up €15,660 (+77.5%), from €20,202 to €35,862
- Tax, wage and social debts +€3,356
up €3,356 (+23.5%), from €14,284 to €17,640
- Short-term financial debts -€3,262
down €3,262 (-31.1%), from €10,488 to €7,226
- Other debts +€1,730
new in 2025: €1,730
- Gross operating margin +€36,102
up €36,102 (+63.3%), from €57,008 to €93,110
- Staff costs +€26,778
up €26,778 (+207%), from €12,924 to €39,703
- Write-downs +€15,603
new in 2025: €15,603
- Taxes -€2,481
down €2,481 (-24.7%), from €10,061 to €7,580
- Financial charges +€1,953
up €1,953 (+175%), from €1,115 to €3,068
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 | €122,133 | €161,180 | +€39,047 | +32.0% |
| Fixed assets | 21/28 | €26,097 | €32,100 | +€6,003 | +23.0% |
| Tangible fixed assets | 22/27 | €26,097 | €32,100 | +€6,003 | +23.0% |
| Plant, machinery and equipment | 23 | €813 | €10,128 | +€9,315 | +1,145% |
| Other tangible fixed assets | 26 | €25,283 | €21,972 | -€3,312 | -13.1% |
| Current assets | 29/58 | €96,037 | €129,081 | +€33,044 | +34.4% |
| Stocks and contracts in progress | 3 | €54,822 | €98,196 | +€43,374 | +79.1% |
| Stocks | 30/36 | €54,822 | €98,196 | +€43,374 | +79.1% |
| Amounts receivable within one year | 40/41 | €32,215 | €30,885 | -€1,330 | -4.1% |
| Trade receivables | 40 | €32,200 | €19,121 | -€13,078 | -40.6% |
| Other amounts receivable | 41 | €15 | €11,763 | +€11,748 | +78,269% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €9,000 | €0 | -€9,000 | -100% |
| Total equity and liabilities | 10/49 | €122,133 | €161,180 | +€39,047 | +32.0% |
| Equity | 10/15 | €77,160 | €98,723 | +€21,563 | +27.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €75,660 | €97,223 | +€21,563 | +28.5% |
| Distributable reserves | 133 | €75,660 | €97,223 | +€21,563 | +28.5% |
| Amounts payable | 17/49 | €44,973 | €62,458 | +€17,484 | +38.9% |
| Amounts payable within one year | 42/48 | €44,973 | €62,458 | +€17,484 | +38.9% |
| Financial debts | 43 | €10,488 | €7,226 | -€3,262 | -31.1% |
| Credit institutions | 430/8 | €10,488 | €7,226 | -€3,262 | -31.1% |
| Trade debts | 44 | €20,202 | €35,862 | +€15,660 | +77.5% |
| Suppliers | 440/4 | €20,202 | €35,862 | +€15,660 | +77.5% |
| Taxes, remuneration and social security | 45 | €14,284 | €17,640 | +€3,356 | +23.5% |
| Taxes | 450/3 | €14,284 | €17,640 | +€3,356 | +23.5% |
| Other amounts payable | 47/48 | - | €1,730 | +€1,730 | |
| Remuneration, social security and pensions | 62 | €12,924 | €39,703 | +€26,778 | +207% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,530 | €5,104 | +€1,574 | +44.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,603 | +€15,603 | |
| Other operating charges | 640/8 | €592 | €610 | +€18 | +3.0% |
| Gross operating margin | 9900 | €57,008 | €93,110 | +€36,102 | +63.3% |
| Operating profit (loss) | 9901 | €39,963 | €32,091 | -€7,872 | -19.7% |
| Financial income | 75/76B | €10 | €120 | +€110 | +1,090% |
| Recurring financial income | 75 | €10 | €120 | +€110 | +1,090% |
| Financial charges | 65/66B | €1,115 | €3,068 | +€1,953 | +175% |
| Recurring financial charges | 65 | €1,115 | €3,068 | +€1,953 | +175% |
| Profit (loss) for the period before taxes | 9903 | €38,858 | €29,142 | -€9,716 | -25.0% |
| Income taxes | 67/77 | €10,061 | €7,580 | -€2,481 | -24.7% |
| Profit (loss) for the period | 9904 | €28,798 | €21,563 | -€7,235 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,798 | €21,563 | -€7,235 | -25.1% |
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 21 October 2026 via checked.be.