Skip to content

Co-naissance: 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.

What changed

Co-naissance

BE 0763.508.576
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€22,651
2024 · €112,126-€89,475
Equity
€268,842
2024 · €246,191+€22,651
Cash
€269,173
2024 · €271,490-€2,317
Balance sheet total
€286,299
2024 · €275,124+€11,175

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€13,418

    new in 2025: €13,418

Equity and liabilities
  • Profit (loss) carried forward +€22,651

    up €22,651 (+9.4%), from €241,191 to €263,842

  • Tax, wage and social debts -€12,147

    down €12,147 (-47.9%), from €25,385 to €13,238

    of which Taxes: -€8,807

Income statement
  • Gross operating margin -€114,125

    down €114,125 (-78.4%), from €145,581 to €31,456

  • Taxes -€24,590

    down €24,590 (-78.9%), from €31,172 to €6,582

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €112,126
Gross operating margin -€114,125
Depreciation +€197
Financial income -€0
Financial charges -€137
Taxes +€24,590
Result 2025 €22,651

Cash bridge derived

cash 2024 to 2025

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.

From operations -€1,317
Investment -€1,000
Financing €0
Cash 2024 €271,490
Net result for the year +€22,651
Depreciation +€929
Receivables within one year -€13,418
Deferred charges and accrued income -€3
Trade debts -€207
Tax, wage and social debts -€12,147
Other debts +€878
Investment in fixed assets (net) -€1,000
Cash 2025 €269,173
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €275,124 €286,299 +€11,175 +4.1%
Fixed assets 21/28 €3,523 €3,594 +€71 +2.0%
Tangible fixed assets 22/27 €3,523 €3,594 +€71 +2.0%
Furniture and vehicles 24 €1,363 €434 -€929 -68.1%
Other tangible fixed assets 26 €2,160 €3,160 +€1,000 +46.3%
Current assets 29/58 €271,601 €282,704 +€11,104 +4.1%
Amounts receivable within one year 40/41 - €13,418 +€13,418
Other amounts receivable 41 - €13,418 +€13,418
Cash at bank and in hand 54/58 €271,490 €269,173 -€2,317 -0.9%
Deferred charges and accrued income 490/1 €111 €113 +€3 +2.3%
Total equity and liabilities 10/49 €275,124 €286,299 +€11,175 +4.1%
Equity 10/15 €246,191 €268,842 +€22,651 +9.2%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €241,191 €263,842 +€22,651 +9.4%
Amounts payable 17/49 €28,932 €17,456 -€11,476 -39.7%
Amounts payable within one year 42/48 €28,932 €17,456 -€11,476 -39.7%
Trade debts 44 €2,879 €2,672 -€207 -7.2%
Suppliers 440/4 €2,879 €2,672 -€207 -7.2%
Taxes, remuneration and social security 45 €25,385 €13,238 -€12,147 -47.9%
Taxes 450/3 €21,405 €12,598 -€8,807 -41.1%
Remuneration and social security 454/9 €3,980 €640 -€3,340 -83.9%
Other amounts payable 47/48 €669 €1,547 +€878 +131.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,126 €929 -€197 -17.5%
Gross operating margin 9900 €145,581 €31,456 -€114,125 -78.4%
Operating profit (loss) 9901 €144,455 €30,527 -€113,928 -78.9%
Financial income 75/76B €0 €0 -€0 -81.8%
Recurring financial income 75 €0 €0 -€0 -81.8%
Financial charges 65/66B €1,157 €1,294 +€137 +11.9%
Recurring financial charges 65 €1,157 €1,294 +€137 +11.9%
Profit (loss) for the period before taxes 9903 €143,298 €29,233 -€114,066 -79.6%
Income taxes 67/77 €31,172 €6,582 -€24,590 -78.9%
Profit (loss) for the period 9904 €112,126 €22,651 -€89,475 -79.8%
Profit (loss) for the period to be appropriated 9905 €112,126 €22,651 -€89,475 -79.8%

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 30 September 2026 via checked.be.