CANTINES: 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.
CANTINES
Largest movements
- Cash -€234,651
down €234,651 (-46.2%), from €508,179 to €273,529
mainly Trade debts (-€305,976) and Tax, wage and social debts (-€102,155)
- Tangible fixed assets -€79,163
down €79,163 (-23.7%), from €333,453 to €254,290
of which Plant, machinery and equipment: -€58,937
- Receivables within one year -€75,227
down €75,227 (-18.6%), from €404,475 to €329,248
of which Trade receivables: -€50,548
- Trade debts -€305,976
down €305,976 (-36.3%), from €843,076 to €537,100
- Tax, wage and social debts -€102,155
down €102,155 (-50.2%), from €203,418 to €101,263
of which Taxes: -€54,895
- Other debts +€54,722
up €54,722 (+15.9%), from €344,886 to €399,608
- Short-term financial debts -€16,972
no longer reported in 2025 (was €16,972)
- Staff costs -€233,542
down €233,542 (-16.8%), from €1.4m to €1.2m
- Gross operating margin -€138,698
down €138,698 (-10.0%), from €1.4m to €1.2m
- Taxes +€26,315
up €26,315 (+63.1%), from -€41,701 to -€15,386
- Depreciation +€14,858
up €14,858 (+19.6%), from €75,953 to €90,811
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 | €1,276,481 | €898,413 | -€378,069 | -29.6% |
| Fixed assets | 21/28 | €334,627 | €255,464 | -€79,163 | -23.7% |
| Tangible fixed assets | 22/27 | €333,453 | €254,290 | -€79,163 | -23.7% |
| Plant, machinery and equipment | 23 | €245,065 | €186,128 | -€58,937 | -24.0% |
| Furniture and vehicles | 24 | €88,388 | €68,162 | -€20,226 | -22.9% |
| Financial fixed assets | 28 | €1,174 | €1,174 | = | 0.0% |
| Current assets | 29/58 | €941,854 | €642,948 | -€298,906 | -31.7% |
| Stocks and contracts in progress | 3 | €29,199 | €37,701 | +€8,502 | +29.1% |
| Stocks | 30/36 | €29,199 | €37,701 | +€8,502 | +29.1% |
| Amounts receivable within one year | 40/41 | €404,475 | €329,248 | -€75,227 | -18.6% |
| Trade receivables | 40 | €330,344 | €279,797 | -€50,548 | -15.3% |
| Other amounts receivable | 41 | €74,131 | €49,451 | -€24,680 | -33.3% |
| Cash at bank and in hand | 54/58 | €508,179 | €273,529 | -€234,651 | -46.2% |
| Deferred charges and accrued income | 490/1 | - | €2,470 | +€2,470 | |
| Total equity and liabilities | 10/49 | €1,276,481 | €898,413 | -€378,069 | -29.6% |
| Equity | 10/15 | -€137,672 | -€144,044 | -€6,372 | -4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€161,592 | -€164,233 | -€2,640 | -1.6% |
| Investment grants | 15 | €15,861 | €12,129 | -€3,732 | -23.5% |
| Amounts payable | 17/49 | €1,414,153 | €1,042,456 | -€371,697 | -26.3% |
| Amounts payable within one year | 42/48 | €1,414,153 | €1,042,456 | -€371,697 | -26.3% |
| Financial debts | 43 | €16,972 | - | -€16,972 | |
| Credit institutions | 430/8 | €16,972 | - | -€16,972 | |
| Trade debts | 44 | €843,076 | €537,100 | -€305,976 | -36.3% |
| Suppliers | 440/4 | €843,076 | €537,100 | -€305,976 | -36.3% |
| Advances received on contracts in progress | 46 | €5,800 | €4,485 | -€1,315 | -22.7% |
| Taxes, remuneration and social security | 45 | €203,418 | €101,263 | -€102,155 | -50.2% |
| Taxes | 450/3 | €85,172 | €30,277 | -€54,895 | -64.5% |
| Remuneration and social security | 454/9 | €118,246 | €70,985 | -€47,261 | -40.0% |
| Other amounts payable | 47/48 | €344,886 | €399,608 | +€54,722 | +15.9% |
| Remuneration, social security and pensions | 62 | €1,389,635 | €1,156,093 | -€233,542 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,953 | €90,811 | +€14,858 | +19.6% |
| Other operating charges | 640/8 | €8,057 | €4,216 | -€3,840 | -47.7% |
| Gross operating margin | 9900 | €1,382,505 | €1,243,806 | -€138,698 | -10.0% |
| Operating profit (loss) | 9901 | -€91,139 | -€7,313 | +€83,826 | +92.0% |
| Financial income | 75/76B | €2,962 | €4,536 | +€1,574 | +53.1% |
| Recurring financial income | 75 | €2,962 | €4,536 | +€1,574 | +53.1% |
| Financial charges | 65/66B | €18,277 | €15,249 | -€3,028 | -16.6% |
| Recurring financial charges | 65 | €18,277 | €15,249 | -€3,028 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€106,454 | -€18,027 | +€88,428 | +83.1% |
| Income taxes | 67/77 | -€41,701 | -€15,386 | +€26,315 | +63.1% |
| Profit (loss) for the period | 9904 | -€64,753 | -€2,640 | +€62,113 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,753 | -€2,640 | +€62,113 | +95.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.