Canthi: what changed
Two fiscal 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.
Canthi
Largest movements
- Cash -€15,882
down €15,882 (-62.7%), from €25,342 to €9,460
mainly Contributions, distributions and other (-€15,859) and Investment in fixed assets (net) (-€11,021)
- Receivables within one year +€9,276
up €9,276 (+2297.2%), from €404 to €9,680
of which Trade receivables: +€9,307
- Tangible fixed assets +€7,433
up €7,433 (+250.5%), from €2,967 to €10,400
of which Plant, machinery and equipment: +€3,785
- Financial fixed assets +€2,130
up €2,130 (+14.2%), from €15,040 to €17,170
- Trade debts +€2,194
up €2,194 (+123.2%), from €1,781 to €3,975
- Reserves +€1,429
up €1,429 (+4.5%), from €32,033 to €33,462
- Gross operating margin -€4,156
down €4,156 (-12.9%), from €32,112 to €27,956
- Financial charges -€3,492
down €3,492 (-69.0%), from €5,058 to €1,566
of which Non-recurring financial charges: -€3,500
- Depreciation +€977
up €977 (+203.2%), from €481 to €1,458
- Taxes -€485
down €485 (-8.8%), from €5,488 to €5,003
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 | €44,054 | €47,255 | +€3,201 | +7.3% |
| Fixed assets | 21/28 | €18,007 | €27,570 | +€9,563 | +53.1% |
| Tangible fixed assets | 22/27 | €2,967 | €10,400 | +€7,433 | +250.5% |
| Plant, machinery and equipment | 23 | - | €3,785 | +€3,785 | |
| Furniture and vehicles | 24 | €2,967 | €6,616 | +€3,648 | +123.0% |
| Financial fixed assets | 28 | €15,040 | €17,170 | +€2,130 | +14.2% |
| Current assets | 29/58 | €26,047 | €19,685 | -€6,362 | -24.4% |
| Amounts receivable within one year | 40/41 | €404 | €9,680 | +€9,276 | +2297.2% |
| Trade receivables | 40 | €373 | €9,680 | +€9,307 | +2496.2% |
| Other amounts receivable | 41 | €31 | €0 | -€31 | -100.0% |
| Cash at bank and in hand | 54/58 | €25,342 | €9,460 | -€15,882 | -62.7% |
| Deferred charges and accrued income | 490/1 | €302 | €545 | +€243 | +80.6% |
| Total equity and liabilities | 10/49 | €44,054 | €47,255 | +€3,201 | +7.3% |
| Equity | 10/15 | €33,533 | €34,962 | +€1,429 | +4.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €32,033 | €33,462 | +€1,429 | +4.5% |
| Distributable reserves | 133 | €32,033 | €33,462 | +€1,429 | +4.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,521 | €12,293 | +€1,772 | +16.8% |
| Amounts payable within one year | 42/48 | €10,521 | €12,293 | +€1,772 | +16.8% |
| Financial debts | 43 | €796 | €471 | -€325 | -40.8% |
| Credit institutions | 430/8 | €796 | €471 | -€325 | -40.8% |
| Trade debts | 44 | €1,781 | €3,975 | +€2,194 | +123.2% |
| Suppliers | 440/4 | €1,781 | €3,975 | +€2,194 | +123.2% |
| Taxes, remuneration and social security | 45 | €4,566 | €4,193 | -€373 | -8.2% |
| Taxes | 450/3 | €4,566 | €4,193 | -€373 | -8.2% |
| Other amounts payable | 47/48 | €3,378 | €3,654 | +€276 | +8.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €481 | €1,458 | +€977 | +203.2% |
| Other operating charges | 640/8 | €2,472 | €2,648 | +€176 | +7.1% |
| Gross operating margin | 9900 | €32,112 | €27,956 | -€4,156 | -12.9% |
| Operating profit (loss) | 9901 | €29,159 | €23,850 | -€5,309 | -18.2% |
| Financial income | 75/76B | €5 | €7 | +€1 | +22.1% |
| Recurring financial income | 75 | €5 | €7 | +€1 | +22.1% |
| Financial charges | 65/66B | €5,058 | €1,566 | -€3,492 | -69.0% |
| Recurring financial charges | 65 | €1,558 | €1,566 | +€8 | +0.5% |
| Non-recurring financial charges | 66B | €3,500 | €0 | -€3,500 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €24,106 | €22,291 | -€1,816 | -7.5% |
| Income taxes | 67/77 | €5,488 | €5,003 | -€485 | -8.8% |
| Profit (loss) for the period | 9904 | €18,618 | €17,288 | -€1,331 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,618 | €17,288 | -€1,331 | -7.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.