FELIX CANIS: 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.
FELIX CANIS
Largest movements
- Tangible fixed assets +€32,180
up €32,180 (+7.9%), from €407,921 to €440,101
of which Other tangible fixed assets: +€44,244
- Cash +€23,906
up €23,906 (+24.2%), from €98,678 to €122,584
mainly Depreciation (+€79,156) and Debts after one year (+€61,388)
- Stocks and contracts +€9,889
up €9,889 (+24.5%), from €40,332 to €50,221
- Receivables within one year -€7,478
down €7,478 (-8.3%), from €90,049 to €82,571
of which Trade receivables: -€4,944
- Debts after one year +€61,388
up €61,388 (+33.0%), from €185,794 to €247,183
- Tax, wage and social debts -€12,065
down €12,065 (-26.1%), from €46,165 to €34,100
of which Taxes: -€9,032
- Current portion of long-term debt +€11,006
up €11,006 (+28.7%), from €38,326 to €49,332
- Profit (loss) carried forward +€10,992
up €10,992 (+4.4%), from €248,017 to €259,009
- Trade debts -€10,480
down €10,480 (-11.1%), from €94,711 to €84,230
- Staff costs +€29,933
up €29,933 (+19.6%), from €152,786 to €182,719
- Gross operating margin +€16,696
up €16,696 (+6.3%), from €264,668 to €281,364
- Depreciation +€12,093
up €12,093 (+18.0%), from €67,064 to €79,156
- Taxes -€8,058
down €8,058 (-99.9%), from €8,069 to €11
- Financial charges +€3,603
up €3,603 (+73.7%), from €4,887 to €8,490
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.
Derived cash bridge
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 | €645,100 | €706,121 | +€61,021 | +9.5% |
| Fixed assets | 21/28 | €408,121 | €440,101 | +€31,980 | +7.8% |
| Intangible fixed assets | 21 | €200 | - | -€200 | |
| Tangible fixed assets | 22/27 | €407,921 | €440,101 | +€32,180 | +7.9% |
| Plant, machinery and equipment | 23 | €334,098 | €292,264 | -€41,834 | -12.5% |
| Furniture and vehicles | 24 | €40,945 | €70,715 | +€29,770 | +72.7% |
| Other tangible fixed assets | 26 | €32,879 | €77,123 | +€44,244 | +135% |
| Current assets | 29/58 | €236,979 | €266,019 | +€29,041 | +12.3% |
| Stocks and contracts in progress | 3 | €40,332 | €50,221 | +€9,889 | +24.5% |
| Stocks | 30/36 | €40,332 | €50,221 | +€9,889 | +24.5% |
| Amounts receivable within one year | 40/41 | €90,049 | €82,571 | -€7,478 | -8.3% |
| Trade receivables | 40 | €58,450 | €53,507 | -€4,944 | -8.5% |
| Other amounts receivable | 41 | €31,598 | €29,064 | -€2,535 | -8.0% |
| Cash at bank and in hand | 54/58 | €98,678 | €122,584 | +€23,906 | +24.2% |
| Deferred charges and accrued income | 490/1 | €7,920 | €10,644 | +€2,723 | +34.4% |
| Total equity and liabilities | 10/49 | €645,100 | €706,121 | +€61,021 | +9.5% |
| Equity | 10/15 | €279,966 | €290,958 | +€10,992 | +3.9% |
| Contributions | 10/11 | €14,740 | €14,740 | = | 0.0% |
| Reserves | 13 | €17,209 | €17,209 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,735 | €15,735 | = | 0.0% |
| Distributable reserves | 133 | €1,474 | €1,474 | = | 0.0% |
| Profit (loss) carried forward | 14 | €248,017 | €259,009 | +€10,992 | +4.4% |
| Amounts payable | 17/49 | €365,134 | €415,163 | +€50,029 | +13.7% |
| Amounts payable after more than one year | 17 | €185,794 | €247,183 | +€61,388 | +33.0% |
| Financial debts | 170/4 | €185,794 | €247,183 | +€61,388 | +33.0% |
| Amounts payable within one year | 42/48 | €179,201 | €167,663 | -€11,539 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €38,326 | €49,332 | +€11,006 | +28.7% |
| Trade debts | 44 | €94,711 | €84,230 | -€10,480 | -11.1% |
| Suppliers | 440/4 | €94,711 | €84,230 | -€10,480 | -11.1% |
| Taxes, remuneration and social security | 45 | €46,165 | €34,100 | -€12,065 | -26.1% |
| Taxes | 450/3 | €15,210 | €6,178 | -€9,032 | -59.4% |
| Remuneration and social security | 454/9 | €30,955 | €27,922 | -€3,033 | -9.8% |
| Accrued charges and deferred income | 492/3 | €138 | €317 | +€179 | +129% |
| Remuneration, social security and pensions | 62 | €152,786 | €182,719 | +€29,933 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,064 | €79,156 | +€12,093 | +18.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€605 | -€238 | +€367 | +60.7% |
| Other operating charges | 640/8 | €532 | €484 | -€48 | -9.0% |
| Gross operating margin | 9900 | €264,668 | €281,364 | +€16,696 | +6.3% |
| Operating profit (loss) | 9901 | €44,892 | €19,243 | -€25,649 | -57.1% |
| Financial income | 75/76B | €174 | €250 | +€77 | +44.0% |
| Recurring financial income | 75 | €174 | €250 | +€77 | +44.0% |
| Financial charges | 65/66B | €4,887 | €8,490 | +€3,603 | +73.7% |
| Recurring financial charges | 65 | €4,887 | €8,490 | +€3,603 | +73.7% |
| Profit (loss) for the period before taxes | 9903 | €40,179 | €11,003 | -€29,176 | -72.6% |
| Income taxes | 67/77 | €8,069 | €11 | -€8,058 | -99.9% |
| Profit (loss) for the period | 9904 | €32,111 | €10,992 | -€21,118 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,111 | €10,992 | -€21,118 | -65.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.