IMMO CANVASSE MATHIEU: 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.
IMMO CANVASSE MATHIEU
Largest movements
- Cash -€11,762
down €11,762 (-20.5%), from €57,405 to €45,643
mainly Investment in fixed assets (net) (-€15,005) and Debts after one year (-€9,007)
- Receivables within one year -€6,826
down €6,826 (-93.8%), from €7,274 to €447
of which Trade receivables: -€6,826
- Tangible fixed assets +€5,998
up €5,998 (+2.6%), from €232,396 to €238,394
of which Plant, machinery and equipment: +€13,730
- Debts after one year -€9,007
down €9,007 (-6.3%), from €142,897 to €133,891
- Trade debts -€3,513
down €3,513 (-98.8%), from €3,557 to €44
- Depreciation +€1,274
up €1,274 (+16.5%), from €7,732 to €9,006
- Taxes +€490
new in 2025: €490
- Gross operating margin +€225
up €225 (+1.6%), from €13,739 to €13,964
- Financial charges -€140
down €140 (-5.5%), from €2,548 to €2,408
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 | €297,075 | €284,485 | -€12,590 | -4.2% |
| Fixed assets | 21/28 | €232,396 | €238,394 | +€5,998 | +2.6% |
| Tangible fixed assets | 22/27 | €232,396 | €238,394 | +€5,998 | +2.6% |
| Land and buildings | 22 | €232,396 | €224,664 | -€7,732 | -3.3% |
| Plant, machinery and equipment | 23 | - | €13,730 | +€13,730 | |
| Current assets | 29/58 | €64,679 | €46,091 | -€18,588 | -28.7% |
| Amounts receivable within one year | 40/41 | €7,274 | €447 | -€6,826 | -93.8% |
| Trade receivables | 40 | €6,826 | - | -€6,826 | |
| Other amounts receivable | 41 | €447 | €447 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,405 | €45,643 | -€11,762 | -20.5% |
| Total equity and liabilities | 10/49 | €297,075 | €284,485 | -€12,590 | -4.2% |
| Equity | 10/15 | €51,807 | €53,445 | +€1,639 | +3.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,807 | €43,445 | +€1,639 | +3.9% |
| Amounts payable | 17/49 | €245,268 | €231,039 | -€14,229 | -5.8% |
| Amounts payable after more than one year | 17 | €142,897 | €133,891 | -€9,007 | -6.3% |
| Financial debts | 170/4 | €142,897 | €133,891 | -€9,007 | -6.3% |
| Amounts payable within one year | 42/48 | €102,371 | €97,149 | -€5,222 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €8,865 | €9,007 | +€142 | +1.6% |
| Trade debts | 44 | €3,557 | €44 | -€3,513 | -98.8% |
| Suppliers | 440/4 | €3,557 | €44 | -€3,513 | -98.8% |
| Taxes, remuneration and social security | 45 | €3,097 | €1,246 | -€1,851 | -59.8% |
| Taxes | 450/3 | €3,097 | €1,246 | -€1,851 | -59.8% |
| Other amounts payable | 47/48 | €86,852 | €86,852 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,732 | €9,006 | +€1,274 | +16.5% |
| Other operating charges | 640/8 | €533 | €421 | -€112 | -21.0% |
| Gross operating margin | 9900 | €13,739 | €13,964 | +€225 | +1.6% |
| Operating profit (loss) | 9901 | €5,474 | €4,537 | -€937 | -17.1% |
| Financial charges | 65/66B | €2,548 | €2,408 | -€140 | -5.5% |
| Recurring financial charges | 65 | €2,548 | €2,408 | -€140 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €2,926 | €2,128 | -€798 | -27.3% |
| Income taxes | 67/77 | - | €490 | +€490 | |
| Profit (loss) for the period | 9904 | €2,926 | €1,639 | -€1,287 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,926 | €1,639 | -€1,287 | -44.0% |
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 19 October 2026 via checked.be.