IL CANTO: 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.
IL CANTO
Largest movements
- Cash +€6,811
up €6,811 (+35.7%), from €19,067 to €25,877
mainly Depreciation (+€7,190) and Other debts (+€6,889)
- Tangible fixed assets +€2,095
up €2,095 (+6.7%), from €31,075 to €33,169
of which Furniture and vehicles: +€4,535
- Other debts +€6,889
up €6,889 (+13.8%), from €50,057 to €56,947
- Taxes -€2,408
down €2,408 (-74.1%), from €3,248 to €840
- Staff costs -€2,396
down €2,396 (-68.5%), from €3,500 to €1,104
- Depreciation +€1,998
up €1,998 (+38.5%), from €5,192 to €7,190
- Other operating charges -€152
down €152 (-3.1%), from €4,944 to €4,793
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 | €73,490 | €81,576 | +€8,085 | +11.0% |
| Fixed assets | 21/28 | €31,075 | €33,169 | +€2,095 | +6.7% |
| Tangible fixed assets | 22/27 | €31,075 | €33,169 | +€2,095 | +6.7% |
| Land and buildings | 22 | €118 | €118 | = | 0.0% |
| Plant, machinery and equipment | 23 | €29,907 | €27,467 | -€2,440 | -8.2% |
| Furniture and vehicles | 24 | €1,049 | €5,584 | +€4,535 | +432% |
| Current assets | 29/58 | €42,416 | €48,406 | +€5,991 | +14.1% |
| Stocks and contracts in progress | 3 | €718 | - | -€718 | |
| Stocks | 30/36 | €718 | - | -€718 | |
| Amounts receivable within one year | 40/41 | €22,632 | €22,529 | -€102 | -0.5% |
| Trade receivables | 40 | €13,973 | €13,973 | = | 0.0% |
| Other amounts receivable | 41 | €8,659 | €8,557 | -€102 | -1.2% |
| Cash at bank and in hand | 54/58 | €19,067 | €25,877 | +€6,811 | +35.7% |
| Total equity and liabilities | 10/49 | €73,490 | €81,576 | +€8,085 | +11.0% |
| Equity | 10/15 | €14,051 | €14,402 | +€351 | +2.5% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Capital | 10 | €55,000 | €55,000 | = | 0.0% |
| Issued capital | 100 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,949 | -€40,598 | +€351 | +0.9% |
| Amounts payable | 17/49 | €59,440 | €67,174 | +€7,734 | +13.0% |
| Amounts payable within one year | 42/48 | €59,440 | €67,174 | +€7,734 | +13.0% |
| Trade debts | 44 | €5,644 | €5,903 | +€259 | +4.6% |
| Suppliers | 440/4 | €5,644 | €5,903 | +€259 | +4.6% |
| Taxes, remuneration and social security | 45 | €3,738 | €4,324 | +€586 | +15.7% |
| Taxes | 450/3 | €2,207 | €2,204 | -€3 | -0.1% |
| Remuneration and social security | 454/9 | €1,531 | €2,120 | +€589 | +38.4% |
| Other amounts payable | 47/48 | €50,057 | €56,947 | +€6,889 | +13.8% |
| Non-recurring operating income | 76A | €731 | - | -€731 | |
| Remuneration, social security and pensions | 62 | €3,500 | €1,104 | -€2,396 | -68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,192 | €7,190 | +€1,998 | +38.5% |
| Other operating charges | 640/8 | €4,944 | €4,793 | -€152 | -3.1% |
| Gross operating margin | 9900 | €14,248 | €14,351 | +€104 | +0.7% |
| Operating profit (loss) | 9901 | €610 | €1,264 | +€654 | +107% |
| Financial charges | 65/66B | €107 | €73 | -€34 | -32.0% |
| Recurring financial charges | 65 | €107 | €73 | -€34 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €504 | €1,191 | +€688 | +137% |
| Income taxes | 67/77 | €3,248 | €840 | -€2,408 | -74.1% |
| Profit (loss) for the period | 9904 | -€2,745 | €351 | +€3,096 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,745 | €351 | +€3,096 |
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.