Cantina: 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.
Cantina
Largest movements
- Tangible fixed assets -€21,400
down €21,400 (-23.5%), from €91,122 to €69,722
of which Plant, machinery and equipment: -€14,162
- Cash +€20,143
up €20,143 (+85.2%), from €23,641 to €43,784
mainly Depreciation (+€21,400) and Net result for the year (+€10,361)
- Receivables within one year -€4,226
down €4,226 (-31.9%), from €13,237 to €9,011
of which Other amounts receivable: -€5,819
- Tax, wage and social debts -€15,756
down €15,756 (-66.0%), from €23,871 to €8,115
of which Taxes: -€15,765
- Reserves +€10,361
up €10,361 (+20.9%), from €49,539 to €59,900
- Other debts +€2,543
up €2,543 (+4.9%), from €52,441 to €54,985
- Trade debts -€1,534
down €1,534 (-40.8%), from €3,758 to €2,224
- Gross operating margin -€51,168
down €51,168 (-58.2%), from €87,910 to €36,743
- Taxes -€18,495
down €18,495 (-82.3%), from €22,460 to €3,965
- Depreciation +€5,519
up €5,519 (+34.8%), from €15,881 to €21,400
- Other operating charges +€996
new in 2025: €996
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 | €131,234 | €126,223 | -€5,010 | -3.8% |
| Fixed assets | 21/28 | €91,122 | €69,722 | -€21,400 | -23.5% |
| Tangible fixed assets | 22/27 | €91,122 | €69,722 | -€21,400 | -23.5% |
| Plant, machinery and equipment | 23 | €55,444 | €41,282 | -€14,162 | -25.5% |
| Furniture and vehicles | 24 | €35,678 | €28,439 | -€7,239 | -20.3% |
| Current assets | 29/58 | €40,112 | €56,502 | +€16,390 | +40.9% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,237 | €9,011 | -€4,226 | -31.9% |
| Trade receivables | 40 | €7,419 | €9,011 | +€1,592 | +21.5% |
| Other amounts receivable | 41 | €5,819 | €0 | -€5,819 | -100% |
| Cash at bank and in hand | 54/58 | €23,641 | €43,784 | +€20,143 | +85.2% |
| Deferred charges and accrued income | 490/1 | €1,733 | €2,207 | +€473 | +27.3% |
| Total equity and liabilities | 10/49 | €131,234 | €126,223 | -€5,010 | -3.8% |
| Equity | 10/15 | €50,539 | €60,900 | +€10,361 | +20.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €49,539 | €59,900 | +€10,361 | +20.9% |
| Distributable reserves | 133 | €49,539 | €59,900 | +€10,361 | +20.9% |
| Amounts payable | 17/49 | €80,695 | €65,324 | -€15,371 | -19.0% |
| Amounts payable within one year | 42/48 | €80,070 | €65,324 | -€14,746 | -18.4% |
| Trade debts | 44 | €3,758 | €2,224 | -€1,534 | -40.8% |
| Suppliers | 440/4 | €3,758 | €2,224 | -€1,534 | -40.8% |
| Taxes, remuneration and social security | 45 | €23,871 | €8,115 | -€15,756 | -66.0% |
| Taxes | 450/3 | €22,471 | €6,706 | -€15,765 | -70.2% |
| Remuneration and social security | 454/9 | €1,400 | €1,409 | +€9 | +0.6% |
| Other amounts payable | 47/48 | €52,441 | €54,985 | +€2,543 | +4.9% |
| Accrued charges and deferred income | 492/3 | €625 | €0 | -€625 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,881 | €21,400 | +€5,519 | +34.8% |
| Other operating charges | 640/8 | - | €996 | +€996 | |
| Gross operating margin | 9900 | €87,910 | €36,743 | -€51,168 | -58.2% |
| Operating profit (loss) | 9901 | €72,029 | €14,346 | -€57,683 | -80.1% |
| Financial income | 75/76B | - | €63 | +€63 | |
| Recurring financial income | 75 | - | €63 | +€63 | |
| Financial charges | 65/66B | €30 | €83 | +€53 | +174% |
| Recurring financial charges | 65 | €30 | €83 | +€53 | +174% |
| Profit (loss) for the period before taxes | 9903 | €71,999 | €14,326 | -€57,673 | -80.1% |
| Income taxes | 67/77 | €22,460 | €3,965 | -€18,495 | -82.3% |
| Profit (loss) for the period | 9904 | €49,539 | €10,361 | -€39,178 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,539 | €10,361 | -€39,178 | -79.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.