COMVERTIS: 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.
COMVERTIS
Largest movements
- Current investments +€469,638
up €469,638 (+18.1%), from €2.6m to €3.1m
- Tangible fixed assets +€66,800
up €66,800 (+68.3%), from €97,764 to €164,564
- Cash -€38,412
down €38,412 (-91.2%), from €42,112 to €3,700
mainly Current investments (-€469,638) and Investment in fixed assets (net) (-€75,200)
- Other debts +€475,070
up €475,070 (+18.2%), from €2.6m to €3.1m
- Profit (loss) carried forward +€45,858
up €45,858 (+36.1%), from €126,903 to €172,761
- Financial income -€41,411
down €41,411 (-47.1%), from €87,963 to €46,552
- Gross operating margin +€8,512
up €8,512, from -€2,852 to €5,660
- Financial charges +€2,148
up €2,148 (+1213.7%), from €177 to €2,325
- Other operating charges -€1,032
down €1,032 (-50.1%), from €2,062 to €1,030
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 | €2,753,230 | €3,275,135 | +€521,905 | +19.0% |
| Fixed assets | 21/28 | €97,764 | €172,964 | +€75,200 | +76.9% |
| Tangible fixed assets | 22/27 | €97,764 | €164,564 | +€66,800 | +68.3% |
| Furniture and vehicles | 24 | €97,764 | €164,564 | +€66,800 | +68.3% |
| Financial fixed assets | 28 | - | €8,400 | +€8,400 | |
| Current assets | 29/58 | €2,655,466 | €3,102,171 | +€446,705 | +16.8% |
| Amounts receivable within one year | 40/41 | €17,814 | €33,293 | +€15,479 | +86.9% |
| Other amounts receivable | 41 | €17,814 | €33,293 | +€15,479 | +86.9% |
| Current investments | 50/53 | €2,595,540 | €3,065,178 | +€469,638 | +18.1% |
| Cash at bank and in hand | 54/58 | €42,112 | €3,700 | -€38,412 | -91.2% |
| Total equity and liabilities | 10/49 | €2,753,230 | €3,275,135 | +€521,905 | +19.0% |
| Equity | 10/15 | €145,503 | €191,361 | +€45,858 | +31.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,903 | €172,761 | +€45,858 | +36.1% |
| Amounts payable | 17/49 | €2,607,727 | €3,083,774 | +€476,047 | +18.3% |
| Amounts payable within one year | 42/48 | €2,607,727 | €3,083,774 | +€476,047 | +18.3% |
| Trade debts | 44 | €1,021 | €1,999 | +€978 | +95.7% |
| Suppliers | 440/4 | €1,021 | €1,999 | +€978 | +95.7% |
| Other amounts payable | 47/48 | €2,606,706 | €3,081,776 | +€475,070 | +18.2% |
| Other operating charges | 640/8 | €2,062 | €1,030 | -€1,032 | -50.1% |
| Gross operating margin | 9900 | -€2,852 | €5,660 | +€8,512 | |
| Operating profit (loss) | 9901 | -€4,914 | €4,631 | +€9,545 | |
| Financial income | 75/76B | €87,963 | €46,552 | -€41,411 | -47.1% |
| Recurring financial income | 75 | €87,963 | €46,552 | -€41,411 | -47.1% |
| Financial charges | 65/66B | €177 | €2,325 | +€2,148 | +1213.7% |
| Recurring financial charges | 65 | €177 | €2,325 | +€2,148 | +1213.7% |
| Profit (loss) for the period before taxes | 9903 | €82,872 | €48,857 | -€34,015 | -41.0% |
| Profit (loss) for the period | 9904 | €82,872 | €48,857 | -€34,015 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,872 | €48,857 | -€34,015 | -41.0% |
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 28 September 2026 via checked.be.