CANTON: 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.
CANTON
Largest movements
- Cash -€24,040
down €24,040 (-24.4%), from €98,513 to €74,473
mainly Trade debts (-€27,721) and Contributions, distributions and other (-€20,000)
- Receivables within one year -€14,958
down €14,958 (-62.7%), from €23,860 to €8,902
of which Other amounts receivable: -€13,264
- Deferred charges and accrued income -€7,388
down €7,388 (-35.9%), from €20,564 to €13,176
- Trade debts -€27,721
down €27,721 (-96.3%), from €28,787 to €1,067
- Tax, wage and social debts -€12,309
down €12,309 (-50.8%), from €24,254 to €11,945
of which Taxes: -€11,335
- Reserves -€10,000
down €10,000 (-18.2%), from €54,900 to €44,900
of which Distributable reserves: -€10,000
- Profit (loss) carried forward +€3,610
up €3,610 (+11.2%), from €32,159 to €35,769
- Staff costs -€21,344
down €21,344 (-28.5%), from €75,017 to €53,673
- Gross operating margin -€14,457
down €14,457 (-14.8%), from €97,659 to €83,202
- Other operating charges +€3,880
up €3,880 (+225.4%), from €1,721 to €5,601
- Taxes +€2,260
up €2,260 (+41.8%), from €5,407 to €7,666
- Depreciation -€1,617
down €1,617 (-50.2%), from €3,224 to €1,607
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 | €159,100 | €112,681 | -€46,420 | -29.2% |
| Fixed assets | 21/28 | €8,396 | €7,995 | -€401 | -4.8% |
| Tangible fixed assets | 22/27 | €8,281 | €7,880 | -€401 | -4.8% |
| Plant, machinery and equipment | 23 | €8,281 | €7,880 | -€401 | -4.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €150,704 | €104,686 | -€46,019 | -30.5% |
| Stocks and contracts in progress | 3 | €7,767 | €8,134 | +€367 | +4.7% |
| Stocks | 30/36 | €7,767 | €8,134 | +€367 | +4.7% |
| Amounts receivable within one year | 40/41 | €23,860 | €8,902 | -€14,958 | -62.7% |
| Trade receivables | 40 | €2,893 | €1,199 | -€1,694 | -58.6% |
| Other amounts receivable | 41 | €20,967 | €7,703 | -€13,264 | -63.3% |
| Cash at bank and in hand | 54/58 | €98,513 | €74,473 | -€24,040 | -24.4% |
| Deferred charges and accrued income | 490/1 | €20,564 | €13,176 | -€7,388 | -35.9% |
| Total equity and liabilities | 10/49 | €159,100 | €112,681 | -€46,420 | -29.2% |
| Equity | 10/15 | €106,059 | €99,669 | -€6,390 | -6.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €54,900 | €44,900 | -€10,000 | -18.2% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €53,000 | €43,000 | -€10,000 | -18.9% |
| Profit (loss) carried forward | 14 | €32,159 | €35,769 | +€3,610 | +11.2% |
| Amounts payable | 17/49 | €53,041 | €13,012 | -€40,030 | -75.5% |
| Amounts payable within one year | 42/48 | €53,041 | €13,012 | -€40,030 | -75.5% |
| Trade debts | 44 | €28,787 | €1,067 | -€27,721 | -96.3% |
| Suppliers | 440/4 | €28,787 | €1,067 | -€27,721 | -96.3% |
| Taxes, remuneration and social security | 45 | €24,254 | €11,945 | -€12,309 | -50.8% |
| Taxes | 450/3 | €21,968 | €10,633 | -€11,335 | -51.6% |
| Remuneration and social security | 454/9 | €2,286 | €1,312 | -€974 | -42.6% |
| Remuneration, social security and pensions | 62 | €75,017 | €53,673 | -€21,344 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,224 | €1,607 | -€1,617 | -50.2% |
| Other operating charges | 640/8 | €1,721 | €5,601 | +€3,880 | +225.4% |
| Gross operating margin | 9900 | €97,659 | €83,202 | -€14,457 | -14.8% |
| Operating profit (loss) | 9901 | €17,698 | €22,321 | +€4,624 | +26.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,054 | €1,045 | -€9 | -0.9% |
| Recurring financial charges | 65 | €1,054 | €1,045 | -€9 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €16,643 | €21,276 | +€4,633 | +27.8% |
| Income taxes | 67/77 | €5,407 | €7,666 | +€2,260 | +41.8% |
| Profit (loss) for the period | 9904 | €11,237 | €13,610 | +€2,373 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,237 | €13,610 | +€2,373 | +21.1% |
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 5 October 2026 via checked.be.