Dr. CANDRIES: 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.
Dr. CANDRIES
Largest movements
- Receivables within one year +€25,935
up €25,935 (+712.6%), from €3,640 to €29,575
- Cash -€19,129
down €19,129 (-22.6%), from €84,719 to €65,590
mainly Contributions, distributions and other (-€95,866) and Investment in fixed assets (net) (-€27,962)
- Tangible fixed assets -€6,897
down €6,897 (-5.3%), from €130,747 to €123,851
of which Land and buildings: -€15,798
- Other debts +€46,056
up €46,056 (+103.3%), from €44,606 to €90,662
- Reserves -€29,868
down €29,868 (-7.9%), from €380,115 to €350,247
of which Distributable reserves: -€29,868
- Trade debts -€20,631
down €20,631 (-93.3%), from €22,116 to €1,485
- Debts after one year -€12,435
down €12,435 (-31.2%), from €39,907 to €27,472
- Accrued charges and deferred income +€11,051
new in 2025: €11,051
No income-statement line moved by more than 1% of the activity.
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 | €537,079 | €535,679 | -€1,400 | -0.3% |
| Fixed assets | 21/28 | €130,747 | €123,851 | -€6,897 | -5.3% |
| Tangible fixed assets | 22/27 | €130,747 | €123,851 | -€6,897 | -5.3% |
| Land and buildings | 22 | €61,556 | €45,758 | -€15,798 | -25.7% |
| Plant, machinery and equipment | 23 | €6,282 | €6,063 | -€219 | -3.5% |
| Furniture and vehicles | 24 | €52,824 | €64,044 | +€11,220 | +21.2% |
| Other tangible fixed assets | 26 | €10,086 | €7,986 | -€2,100 | -20.8% |
| Current assets | 29/58 | €406,332 | €411,829 | +€5,496 | +1.4% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,640 | €29,575 | +€25,935 | +712.6% |
| Other amounts receivable | 41 | €3,640 | €29,575 | +€25,935 | +712.6% |
| Current investments | 50/53 | €53,250 | €53,250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €84,719 | €65,590 | -€19,129 | -22.6% |
| Deferred charges and accrued income | 490/1 | €14,724 | €13,414 | -€1,309 | -8.9% |
| Total equity and liabilities | 10/49 | €537,079 | €535,679 | -€1,400 | -0.3% |
| Equity | 10/15 | €392,515 | €362,647 | -€29,868 | -7.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €380,115 | €350,247 | -€29,868 | -7.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,935 | €18,935 | = | 0.0% |
| Distributable reserves | 133 | €359,322 | €329,453 | -€29,868 | -8.3% |
| Amounts payable | 17/49 | €144,564 | €173,032 | +€28,468 | +19.7% |
| Amounts payable after more than one year | 17 | €39,907 | €27,472 | -€12,435 | -31.2% |
| Financial debts | 170/4 | €39,907 | €27,472 | -€12,435 | -31.2% |
| Amounts payable within one year | 42/48 | €104,657 | €134,509 | +€29,852 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €29,565 | €27,102 | -€2,463 | -8.3% |
| Trade debts | 44 | €22,116 | €1,485 | -€20,631 | -93.3% |
| Suppliers | 440/4 | €22,116 | €1,485 | -€20,631 | -93.3% |
| Taxes, remuneration and social security | 45 | €8,370 | €15,260 | +€6,890 | +82.3% |
| Taxes | 450/3 | - | €5,479 | +€5,479 | |
| Remuneration and social security | 454/9 | €8,370 | €9,780 | +€1,410 | +16.8% |
| Other amounts payable | 47/48 | €44,606 | €90,662 | +€46,056 | +103.3% |
| Accrued charges and deferred income | 492/3 | - | €11,051 | +€11,051 | |
| Remuneration, social security and pensions | 62 | €50,731 | €51,046 | +€315 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,185 | €34,858 | +€1,673 | +5.0% |
| Other operating charges | 640/8 | €1,846 | €3,357 | +€1,511 | +81.9% |
| Gross operating margin | 9900 | €181,222 | €182,780 | +€1,558 | +0.9% |
| Operating profit (loss) | 9901 | €95,460 | €93,518 | -€1,942 | -2.0% |
| Financial income | 75/76B | €595 | €286 | -€309 | -52.0% |
| Recurring financial income | 75 | €595 | €286 | -€309 | -52.0% |
| Financial charges | 65/66B | €3,113 | €2,531 | -€582 | -18.7% |
| Recurring financial charges | 65 | €3,113 | €2,531 | -€582 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €92,942 | €91,273 | -€1,669 | -1.8% |
| Income taxes | 67/77 | €26,360 | €25,275 | -€1,085 | -4.1% |
| Profit (loss) for the period | 9904 | €66,582 | €65,998 | -€584 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,582 | €65,998 | -€584 | -0.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.