LE CANARI: 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.
LE CANARI
Largest movements
- Receivables within one year -€17,259
down €17,259 (-69.0%), from €25,000 to €7,741
of which Trade receivables: -€24,259
- Intangible fixed assets -€3,000
down €3,000 (-50.0%), from €6,000 to €3,000
- Cash -€2,922
down €2,922 (-60.3%), from €4,844 to €1,922
mainly Net result for the year (-€22,966) and Stocks and contracts (-€2,500)
- Stocks and contracts +€2,500
new in 2025: €2,500
- Profit (loss) carried forward -€22,966
down €22,966, from €21,836 to -€1,130
- Tax, wage and social debts +€2,347
up €2,347 (+87.8%), from €2,673 to €5,020
- Gross operating margin -€22,850
down €22,850, from €20,890 to -€1,960
- Staff costs +€8,947
new in 2025: €8,947
- Other operating charges -€3,966
down €3,966 (-30.9%), from €12,842 to €8,876
- Financial charges -€721
down €721 (-79.8%), from €904 to €183
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 | €43,834 | €23,153 | -€20,681 | -47.2% |
| Fixed assets | 21/28 | €13,990 | €10,990 | -€3,000 | -21.4% |
| Intangible fixed assets | 21 | €6,000 | €3,000 | -€3,000 | -50.0% |
| Financial fixed assets | 28 | €7,990 | €7,990 | = | 0.0% |
| Current assets | 29/58 | €29,844 | €12,163 | -€17,681 | -59.2% |
| Stocks and contracts in progress | 3 | - | €2,500 | +€2,500 | |
| Stocks | 30/36 | - | €2,500 | +€2,500 | |
| Amounts receivable within one year | 40/41 | €25,000 | €7,741 | -€17,259 | -69.0% |
| Trade receivables | 40 | €25,000 | €741 | -€24,259 | -97.0% |
| Other amounts receivable | 41 | - | €7,000 | +€7,000 | |
| Cash at bank and in hand | 54/58 | €4,844 | €1,922 | -€2,922 | -60.3% |
| Total equity and liabilities | 10/49 | €43,834 | €23,153 | -€20,681 | -47.2% |
| Equity | 10/15 | €40,436 | €17,470 | -€22,966 | -56.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,836 | -€1,130 | -€22,966 | |
| Amounts payable | 17/49 | €3,398 | €5,683 | +€2,285 | +67.2% |
| Amounts payable within one year | 42/48 | €3,398 | €5,683 | +€2,285 | +67.2% |
| Trade debts | 44 | €725 | €663 | -€62 | -8.6% |
| Suppliers | 440/4 | €725 | €663 | -€62 | -8.6% |
| Taxes, remuneration and social security | 45 | €2,673 | €5,020 | +€2,347 | +87.8% |
| Taxes | 450/3 | €2,673 | €5,020 | +€2,347 | +87.8% |
| Remuneration, social security and pensions | 62 | - | €8,947 | +€8,947 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,000 | €3,000 | = | 0.0% |
| Other operating charges | 640/8 | €12,842 | €8,876 | -€3,966 | -30.9% |
| Gross operating margin | 9900 | €20,890 | -€1,960 | -€22,850 | |
| Operating profit (loss) | 9901 | €5,048 | -€22,783 | -€27,831 | |
| Financial charges | 65/66B | €904 | €183 | -€721 | -79.8% |
| Recurring financial charges | 65 | €904 | €183 | -€721 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €4,144 | -€22,966 | -€27,110 | |
| Profit (loss) for the period | 9904 | €4,144 | -€22,966 | -€27,110 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,144 | -€22,966 | -€27,110 |
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 11 October 2026 via checked.be.