CANTO EUROPE: what changed
CANTO EUROPE
Largest movements
- Receivables within one year +€57,866
up €57,866 (+578%), from €10,005 to €67,871
of which Trade receivables: +€56,248
- Deferred charges and accrued income -€56,690
down €56,690 (-98.5%), from €57,575 to €886
- Tangible fixed assets -€20,646
down €20,646 (-2.4%), from €844,933 to €824,287
of which Furniture and vehicles: -€18,853
- Cash +€11,267
up €11,267 (+604%), from €1,867 to €13,134
mainly Deferred charges and accrued income (+€56,690) and Other debts (+€38,401)
- Reserves -€39,447
down €39,447 (-20.4%), from €192,994 to €153,547
of which Distributable reserves: -€37,587
- Other debts +€38,401
up €38,401 (+9.5%), from €403,778 to €442,179
- Short-term financial debts -€20,000
down €20,000 (-7.0%), from €285,000 to €265,000
- Trade debts +€12,219
up €12,219 (+127%), from €9,603 to €21,821
- Tax, wage and social debts +€9,625
up €9,625 (+123%), from €7,816 to €17,441
- Gross operating margin -€67,059
down €67,059 (-92.4%), from €72,606 to €5,547
- Other operating charges -€9,840
down €9,840 (-72.3%), from €13,616 to €3,776
- Taxes -€5,142
down €5,142 (-94.4%), from €5,447 to €304
- Depreciation +€3,702
up €3,702 (+14.5%), from €25,544 to €29,246
- Financial charges -€2,730
down €2,730 (-19.0%), from €14,398 to €11,668
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €914,391 | €906,188 | -€8,203 | -0.9% |
| Fixed assets | 21/28 | €844,943 | €824,297 | -€20,646 | -2.4% |
| Tangible fixed assets | 22/27 | €844,933 | €824,287 | -€20,646 | -2.4% |
| Land and buildings | 22 | €743,427 | €745,166 | +€1,739 | +0.2% |
| Plant, machinery and equipment | 23 | €7,707 | €4,175 | -€3,533 | -45.8% |
| Furniture and vehicles | 24 | €93,799 | €74,947 | -€18,853 | -20.1% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €69,447 | €81,891 | +€12,443 | +17.9% |
| Amounts receivable within one year | 40/41 | €10,005 | €67,871 | +€57,866 | +578% |
| Trade receivables | 40 | €8,449 | €64,697 | +€56,248 | +666% |
| Other amounts receivable | 41 | €1,556 | €3,174 | +€1,618 | +104% |
| Cash at bank and in hand | 54/58 | €1,867 | €13,134 | +€11,267 | +604% |
| Deferred charges and accrued income | 490/1 | €57,575 | €886 | -€56,690 | -98.5% |
| Total equity and liabilities | 10/49 | €914,391 | €906,188 | -€8,203 | -0.9% |
| Equity | 10/15 | €199,194 | €159,747 | -€39,447 | -19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €192,994 | €153,547 | -€39,447 | -20.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €16,180 | €16,180 | = | 0.0% |
| Distributable reserves | 133 | €174,954 | €137,367 | -€37,587 | -21.5% |
| Amounts payable | 17/49 | €715,197 | €746,441 | +€31,244 | +4.4% |
| Amounts payable within one year | 42/48 | €706,197 | €746,441 | +€40,244 | +5.7% |
| Financial debts | 43 | €285,000 | €265,000 | -€20,000 | -7.0% |
| Credit institutions | 430/8 | €285,000 | €265,000 | -€20,000 | -7.0% |
| Trade debts | 44 | €9,603 | €21,821 | +€12,219 | +127% |
| Suppliers | 440/4 | €9,603 | €21,821 | +€12,219 | +127% |
| Taxes, remuneration and social security | 45 | €7,816 | €17,441 | +€9,625 | +123% |
| Taxes | 450/3 | €7,816 | €17,441 | +€9,625 | +123% |
| Other amounts payable | 47/48 | €403,778 | €442,179 | +€38,401 | +9.5% |
| Accrued charges and deferred income | 492/3 | €9,000 | - | -€9,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,544 | €29,246 | +€3,702 | +14.5% |
| Other operating charges | 640/8 | €13,616 | €3,776 | -€9,840 | -72.3% |
| Gross operating margin | 9900 | €72,606 | €5,547 | -€67,059 | -92.4% |
| Operating profit (loss) | 9901 | €33,446 | -€27,475 | -€60,921 | |
| Financial income | 75/76B | €247 | - | -€247 | |
| Recurring financial income | 75 | €247 | - | -€247 | |
| Financial charges | 65/66B | €14,398 | €11,668 | -€2,730 | -19.0% |
| Recurring financial charges | 65 | €14,398 | €11,668 | -€2,730 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €19,295 | -€39,143 | -€58,438 | |
| Income taxes | 67/77 | €5,447 | €304 | -€5,142 | -94.4% |
| Profit (loss) for the period | 9904 | €13,848 | -€39,447 | -€53,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,848 | -€39,447 | -€53,296 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.