CANAL FIELDS: 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.
CANAL FIELDS
Largest movements
- Receivables within one year +€25,525
up €25,525 (+55.8%), from €45,731 to €71,256
- Cash +€22,588
up €22,588 (+188236.3%), from €12 to €22,600
mainly Trade debts (+€31,213) and Net result for the year (+€15,240)
- Trade debts +€31,213
up €31,213 (+2579.6%), from €1,210 to €32,423
- Profit (loss) carried forward +€15,240
up €15,240 (+10.9%), from -€139,640 to -€124,400
- Gross operating margin -€28,395
down €28,395 (-66.8%), from €42,514 to €14,119
- Financial income +€2,294
new in 2025: €2,294
- Other operating charges -€471
down €471 (-47.6%), from €991 to €520
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 | €600,598 | €648,712 | +€48,114 | +8.0% |
| Fixed assets | 21/28 | €554,855 | €554,855 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €554,855 | €554,855 | -€0 | 0.0% |
| Land and buildings | 22 | €554,855 | €554,855 | -€0 | 0.0% |
| Current assets | 29/58 | €45,743 | €93,857 | +€48,114 | +105.2% |
| Amounts receivable within one year | 40/41 | €45,731 | €71,256 | +€25,525 | +55.8% |
| Other amounts receivable | 41 | €45,731 | €71,256 | +€25,525 | +55.8% |
| Cash at bank and in hand | 54/58 | €12 | €22,600 | +€22,588 | +188236.3% |
| Total equity and liabilities | 10/49 | €600,598 | €648,712 | +€48,114 | +8.0% |
| Equity | 10/15 | €595,763 | €611,003 | +€15,240 | +2.6% |
| Contributions | 10/11 | €291,812 | €291,812 | +€0 | 0.0% |
| Capital | 10 | €291,812 | €291,812 | +€0 | 0.0% |
| Issued capital | 100 | €291,812 | €291,812 | +€0 | 0.0% |
| Reserves | 13 | €443,591 | €443,591 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €47 | €47 | -€0 | -0.9% |
| Legal reserve | 130 | €47 | €47 | -€0 | -0.9% |
| Tax-exempt reserves | 132 | €443,544 | €443,544 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€139,640 | -€124,400 | +€15,240 | +10.9% |
| Amounts payable | 17/49 | €4,835 | €37,708 | +€32,873 | +679.9% |
| Amounts payable within one year | 42/48 | €4,835 | €37,708 | +€32,873 | +679.9% |
| Trade debts | 44 | €1,210 | €32,423 | +€31,213 | +2579.6% |
| Suppliers | 440/4 | €1,210 | €32,423 | +€31,213 | +2579.6% |
| Other amounts payable | 47/48 | €3,625 | €5,286 | +€1,661 | +45.8% |
| Other operating charges | 640/8 | €991 | €520 | -€471 | -47.6% |
| Gross operating margin | 9900 | €42,514 | €14,119 | -€28,395 | -66.8% |
| Operating profit (loss) | 9901 | €41,523 | €13,600 | -€27,923 | -67.2% |
| Financial income | 75/76B | - | €2,294 | +€2,294 | |
| Recurring financial income | 75 | - | €2,294 | +€2,294 | |
| Financial charges | 65/66B | €615 | €653 | +€38 | +6.2% |
| Recurring financial charges | 65 | €615 | €653 | +€38 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €40,909 | €15,240 | -€25,669 | -62.7% |
| Profit (loss) for the period | 9904 | €40,909 | €15,240 | -€25,669 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,909 | €15,240 | -€25,669 | -62.7% |
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 3 October 2026 via checked.be.