MISS CANNES: 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.
MISS CANNES
Largest movements
- Receivables after one year -€150,000
down €150,000 (-100%), from €150,000 to €0
- Current investments +€144,750
up €144,750 (+36.2%), from €400,000 to €544,750
- Cash +€26,613
up €26,613 (+66.1%), from €40,275 to €66,888
mainly Receivables after one year (+€150,000) and Net result for the year (+€33,816)
- Tangible fixed assets -€14,615
down €14,615 (-42.4%), from €34,447 to €19,831
of which Land and buildings: -€8,767
- Receivables within one year +€9,558
up €9,558 (+50.8%), from €18,800 to €28,358
- Other debts +€13,897
up €13,897 (+117%), from €11,914 to €25,811
- Financial income -€13,201
down €13,201 (-42.1%), from €31,348 to €18,147
- Taxes -€6,631
down €6,631 (-29.4%), from €22,517 to €15,886
- Gross operating margin -€6,031
down €6,031 (-6.7%), from €90,540 to €84,509
- Depreciation -€4,611
down €4,611 (-34.5%), from €13,377 to €8,767
- Financial charges +€1,774
up €1,774 (+1,659%), from €107 to €1,881
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 | €643,694 | €664,412 | +€20,718 | +3.2% |
| Fixed assets | 21/28 | €34,619 | €20,003 | -€14,615 | -42.2% |
| Tangible fixed assets | 22/27 | €34,447 | €19,831 | -€14,615 | -42.4% |
| Land and buildings | 22 | €28,598 | €19,831 | -€8,767 | -30.7% |
| Furniture and vehicles | 24 | €5,849 | €0 | -€5,849 | -100% |
| Financial fixed assets | 28 | €172 | €172 | = | 0.0% |
| Current assets | 29/58 | €609,075 | €644,409 | +€35,334 | +5.8% |
| Amounts receivable after more than one year | 29 | €150,000 | €0 | -€150,000 | -100% |
| Other amounts receivable | 291 | €150,000 | €0 | -€150,000 | -100% |
| Amounts receivable within one year | 40/41 | €18,800 | €28,358 | +€9,558 | +50.8% |
| Other amounts receivable | 41 | €18,800 | €28,358 | +€9,558 | +50.8% |
| Current investments | 50/53 | €400,000 | €544,750 | +€144,750 | +36.2% |
| Cash at bank and in hand | 54/58 | €40,275 | €66,888 | +€26,613 | +66.1% |
| Deferred charges and accrued income | 490/1 | - | €4,413 | +€4,413 | |
| Total equity and liabilities | 10/49 | €643,694 | €664,412 | +€20,718 | +3.2% |
| Equity | 10/15 | €619,278 | €621,094 | +€1,816 | +0.3% |
| Contributions | 10/11 | €79,087 | €79,087 | = | 0.0% |
| Capital | 10 | €75,608 | €75,608 | = | 0.0% |
| Issued capital | 100 | €75,608 | €75,608 | = | 0.0% |
| Contributions outside capital | 11 | €3,479 | €3,479 | = | 0.0% |
| Share premium | 1100/10 | €3,479 | €3,479 | = | 0.0% |
| Reserves | 13 | €540,191 | €542,007 | +€1,816 | +0.3% |
| Non-distributable reserves | 130/1 | €8,552 | €8,552 | = | 0.0% |
| Legal reserve | 130 | €7,561 | €7,561 | = | 0.0% |
| Other | 1319 | €992 | €992 | = | 0.0% |
| Distributable reserves | 133 | €531,639 | €533,455 | +€1,816 | +0.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €24,416 | €43,318 | +€18,902 | +77.4% |
| Amounts payable within one year | 42/48 | €24,416 | €41,750 | +€17,334 | +71.0% |
| Trade debts | 44 | €2,834 | €4,452 | +€1,618 | +57.1% |
| Suppliers | 440/4 | €2,834 | €4,452 | +€1,618 | +57.1% |
| Taxes, remuneration and social security | 45 | €9,668 | €11,487 | +€1,819 | +18.8% |
| Taxes | 450/3 | €4,400 | €5,512 | +€1,112 | +25.3% |
| Remuneration and social security | 454/9 | €5,268 | €5,975 | +€707 | +13.4% |
| Other amounts payable | 47/48 | €11,914 | €25,811 | +€13,897 | +117% |
| Accrued charges and deferred income | 492/3 | - | €1,568 | +€1,568 | |
| Remuneration, social security and pensions | 62 | €35,310 | €35,228 | -€82 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,377 | €8,767 | -€4,611 | -34.5% |
| Other operating charges | 640/8 | €6,286 | €7,078 | +€792 | +12.6% |
| Gross operating margin | 9900 | €90,540 | €84,509 | -€6,031 | -6.7% |
| Operating profit (loss) | 9901 | €35,566 | €33,436 | -€2,130 | -6.0% |
| Financial income | 75/76B | €31,348 | €18,147 | -€13,201 | -42.1% |
| Recurring financial income | 75 | €31,348 | €18,147 | -€13,201 | -42.1% |
| Financial charges | 65/66B | €107 | €1,881 | +€1,774 | +1,659% |
| Recurring financial charges | 65 | €107 | €1,881 | +€1,774 | +1,659% |
| Profit (loss) for the period before taxes | 9903 | €66,807 | €49,702 | -€17,105 | -25.6% |
| Income taxes | 67/77 | €22,517 | €15,886 | -€6,631 | -29.4% |
| Profit (loss) for the period | 9904 | €44,290 | €33,816 | -€10,473 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,290 | €33,816 | -€10,473 | -23.6% |
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 20 October 2026 via checked.be.