CANWELL BV: 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.
CANWELL BV
Largest movements
- Stocks and contracts -€22,680
down €22,680 (-21.7%), from €104,359 to €81,679
- Receivables within one year +€14,825
up €14,825 (+444%), from €3,340 to €18,165
- Tangible fixed assets -€2,526
down €2,526 (-67.6%), from €3,736 to €1,210
- Cash -€2,117
down €2,117 (-26.4%), from €8,017 to €5,900
mainly Net result for the year (-€20,750) and Receivables within one year (-€14,825)
- Profit (loss) carried forward -€20,750
down €20,750 (-55.3%), from -€37,503 to -€58,253
- Tax, wage and social debts +€8,252
up €8,252 (+107%), from €7,693 to €15,946
- Gross operating margin -€7,580
down €7,580 (-81.5%), from -€9,304 to -€16,884
- Other operating charges +€1,054
new in 2024: €1,054
- Depreciation -€430
down €430 (-14.5%), from €2,955 to €2,526
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,453 | €106,954 | -€12,498 | -10.5% |
| Fixed assets | 21/28 | €3,736 | €1,210 | -€2,526 | -67.6% |
| Tangible fixed assets | 22/27 | €3,736 | €1,210 | -€2,526 | -67.6% |
| Plant, machinery and equipment | 23 | €3,736 | €1,210 | -€2,526 | -67.6% |
| Current assets | 29/58 | €115,717 | €105,744 | -€9,972 | -8.6% |
| Stocks and contracts in progress | 3 | €104,359 | €81,679 | -€22,680 | -21.7% |
| Stocks | 30/36 | €104,359 | €81,679 | -€22,680 | -21.7% |
| Amounts receivable within one year | 40/41 | €3,340 | €18,165 | +€14,825 | +444% |
| Other amounts receivable | 41 | €3,340 | €18,165 | +€14,825 | +444% |
| Cash at bank and in hand | 54/58 | €8,017 | €5,900 | -€2,117 | -26.4% |
| Total equity and liabilities | 10/49 | €119,453 | €106,954 | -€12,498 | -10.5% |
| Equity | 10/15 | -€36,366 | -€57,116 | -€20,750 | -57.1% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €937 | €937 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20 | - | -€20 | |
| Reserves not available under the articles | 1311 | €20 | - | -€20 | |
| Distributable reserves | 133 | €917 | €937 | +€20 | +2.2% |
| Profit (loss) carried forward | 14 | -€37,503 | -€58,253 | -€20,750 | -55.3% |
| Amounts payable | 17/49 | €155,818 | €164,070 | +€8,252 | +5.3% |
| Amounts payable within one year | 42/48 | €155,818 | €164,070 | +€8,252 | +5.3% |
| Taxes, remuneration and social security | 45 | €7,693 | €15,946 | +€8,252 | +107% |
| Taxes | 450/3 | €7,693 | €15,946 | +€8,252 | +107% |
| Other amounts payable | 47/48 | €148,125 | €148,125 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,955 | €2,526 | -€430 | -14.5% |
| Other operating charges | 640/8 | - | €1,054 | +€1,054 | |
| Gross operating margin | 9900 | -€9,304 | -€16,884 | -€7,580 | -81.5% |
| Operating profit (loss) | 9901 | -€12,259 | -€20,464 | -€8,205 | -66.9% |
| Financial income | 75/76B | €21 | €0 | -€21 | -98.6% |
| Recurring financial income | 75 | €21 | €0 | -€21 | -98.6% |
| Financial charges | 65/66B | €189 | €287 | +€97 | +51.3% |
| Recurring financial charges | 65 | €189 | €287 | +€97 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,428 | -€20,750 | -€8,322 | -67.0% |
| Profit (loss) for the period | 9904 | -€12,428 | -€20,750 | -€8,322 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,428 | -€20,750 | -€8,322 | -67.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.