La Canopée: 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.
La Canopée
Largest movements
- Deferred charges and accrued income +€350,696
up €350,696 (+100.6%), from €348,640 to €699,336
- Receivables within one year +€344,069
up €344,069 (+147.1%), from €233,877 to €577,946
of which Other amounts receivable: +€340,629
- Cash +€204,700
up €204,700 (+20.8%), from €985,619 to €1.2m
mainly Accrued charges and deferred income (+€397,194) and Net result for the year (+€282,529)
- Accrued charges and deferred income +€397,194
up €397,194 (+117.9%), from €336,875 to €734,069
- Reserves +€254,276
up €254,276 (+124.1%), from €204,919 to €459,195
- Debts within one year +€221,760
up €221,760 (+37.1%), from €598,065 to €819,825
- Investment grants -€44,810
down €44,810 (-45.3%), from €98,901 to €54,091
- Debts after one year +€34,400
new in 2025: €34,400
- Gross operating margin +€765,305
up €765,305 (+54.5%), from €1.4m to €2.2m
- Staff costs +€442,677
up €442,677 (+37.5%), from €1.2m to €1.6m
- Purchases and services +€52,788
up €52,788 (+28.1%), from €188,164 to €240,952
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 | €1,682,406 | €2,573,480 | +€891,074 | +53.0% |
| Fixed assets | 21/28 | €114,270 | €105,878 | -€8,392 | -7.3% |
| Tangible fixed assets | 22/27 | €103,970 | €94,328 | -€9,642 | -9.3% |
| Land and buildings | 22 | €2,273 | €1,196 | -€1,077 | -47.4% |
| Plant, machinery and equipment | 23 | €30,624 | €25,172 | -€5,452 | -17.8% |
| Furniture and vehicles | 24 | €71,073 | €67,960 | -€3,113 | -4.4% |
| Financial fixed assets | 28 | €10,300 | €11,551 | +€1,251 | +12.1% |
| Current assets | 29/58 | €1,568,136 | €2,467,601 | +€899,465 | +57.4% |
| Amounts receivable within one year | 40/41 | €233,877 | €577,946 | +€344,069 | +147.1% |
| Trade receivables | 40 | €1,968 | €5,408 | +€3,440 | +174.8% |
| Other amounts receivable | 41 | €231,909 | €572,538 | +€340,629 | +146.9% |
| Cash at bank and in hand | 54/58 | €985,619 | €1,190,319 | +€204,700 | +20.8% |
| Deferred charges and accrued income | 490/1 | €348,640 | €699,336 | +€350,696 | +100.6% |
| Total equity and liabilities | 10/49 | €1,682,406 | €2,573,480 | +€891,074 | +53.0% |
| Equity | 10/15 | €747,466 | €985,185 | +€237,719 | +31.8% |
| Contributions | 10/11 | €25,426 | €25,426 | +€0 | 0.0% |
| Capital | 10 | €25,426 | €25,426 | +€0 | 0.0% |
| Reserves | 13 | €204,919 | €459,195 | +€254,276 | +124.1% |
| Profit (loss) carried forward | 14 | €418,220 | €446,473 | +€28,253 | +6.8% |
| Investment grants | 15 | €98,901 | €54,091 | -€44,810 | -45.3% |
| Amounts payable | 17/49 | €934,940 | €1,588,294 | +€653,354 | +69.9% |
| Amounts payable after more than one year | 17 | - | €34,400 | +€34,400 | |
| Other amounts payable | 178/9 | - | €34,400 | +€34,400 | |
| Amounts payable within one year | 42/48 | €598,065 | €819,825 | +€221,760 | +37.1% |
| Trade debts | 44 | €10,847 | €29,128 | +€18,281 | +168.5% |
| Suppliers | 440/4 | €4,137 | €29,128 | +€24,991 | +604.1% |
| Bills of exchange payable | 441 | €6,710 | - | -€6,710 | |
| Taxes, remuneration and social security | 45 | €120,704 | €213,437 | +€92,733 | +76.8% |
| Taxes | 450/3 | - | €18,025 | +€18,025 | |
| Remuneration and social security | 454/9 | €120,704 | €195,412 | +€74,708 | +61.9% |
| Accrued charges and deferred income | 492/3 | €336,875 | €734,069 | +€397,194 | +117.9% |
| Turnover | 70 | €34,083 | €41,010 | +€6,927 | +20.3% |
| Non-recurring operating income | 76A | €466 | - | -€466 | |
| Goods, raw materials, services and sundry goods | 60/61 | €188,164 | €240,952 | +€52,788 | +28.1% |
| Remuneration, social security and pensions | 62 | €1,179,778 | €1,622,455 | +€442,677 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,253 | €38,656 | +€2,403 | +6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €105 | +€105 | |
| Other operating charges | 640/8 | €2,524 | €2,703 | +€179 | +7.1% |
| Non-recurring operating charges | 66A | €158 | €251,717 | +€251,559 | +159214.6% |
| Gross operating margin | 9900 | €1,404,530 | €2,169,835 | +€765,305 | +54.5% |
| Operating profit (loss) | 9901 | €185,817 | €254,199 | +€68,382 | +36.8% |
| Financial income | 75/76B | €42,574 | €30,747 | -€11,827 | -27.8% |
| Recurring financial income | 75 | €42,574 | €30,747 | -€11,827 | -27.8% |
| Financial charges | 65/66B | €703 | €2,416 | +€1,713 | +243.7% |
| Recurring financial charges | 65 | €703 | €2,416 | +€1,713 | +243.7% |
| Profit (loss) for the period before taxes | 9903 | €227,688 | €282,529 | +€54,841 | +24.1% |
| Profit (loss) for the period | 9904 | €227,688 | €282,529 | +€54,841 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €227,688 | €282,529 | +€54,841 | +24.1% |
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.