CON@CO: 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.
CON@CO
Largest movements
- Current investments -€17,786
down €17,786 (-25.9%), from €68,713 to €50,927
- Tangible fixed assets -€12,974
down €12,974 (-36.2%), from €35,859 to €22,884
of which Leasing and similar rights: -€10,942
- Cash +€11,457
up €11,457 (+39.0%), from €29,373 to €40,830
mainly Current investments (+€17,786) and Net result for the year (+€14,970)
- Debts after one year -€10,953
down €10,953 (-60.0%), from €18,260 to €7,307
- Reserves -€9,752
down €9,752 (-8.8%), from €111,209 to €101,457
- Depreciation -€5,004
down €5,004 (-27.8%), from €17,978 to €12,974
- Gross operating margin +€1,952
up €1,952 (+5.6%), from €35,155 to €37,107
- Taxes +€1,395
up €1,395 (+26.4%), from €5,275 to €6,669
- Financial charges +€682
up €682 (+677.0%), from €101 to €782
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 | €148,335 | €127,765 | -€20,570 | -13.9% |
| Fixed assets | 21/28 | €35,859 | €22,884 | -€12,974 | -36.2% |
| Tangible fixed assets | 22/27 | €35,859 | €22,884 | -€12,974 | -36.2% |
| Land and buildings | 22 | €1,448 | €645 | -€803 | -55.5% |
| Plant, machinery and equipment | 23 | €657 | €401 | -€256 | -38.9% |
| Leasing and similar rights | 25 | €29,767 | €18,826 | -€10,942 | -36.8% |
| Other tangible fixed assets | 26 | €3,987 | €3,013 | -€974 | -24.4% |
| Current assets | 29/58 | €112,476 | €104,881 | -€7,595 | -6.8% |
| Amounts receivable within one year | 40/41 | €13,683 | €13,125 | -€559 | -4.1% |
| Trade receivables | 40 | €11,925 | €12,799 | +€874 | +7.3% |
| Other amounts receivable | 41 | €1,759 | €326 | -€1,433 | -81.5% |
| Current investments | 50/53 | €68,713 | €50,927 | -€17,786 | -25.9% |
| Cash at bank and in hand | 54/58 | €29,373 | €40,830 | +€11,457 | +39.0% |
| Deferred charges and accrued income | 490/1 | €707 | €0 | -€707 | -100.0% |
| Total equity and liabilities | 10/49 | €148,335 | €127,765 | -€20,570 | -13.9% |
| Equity | 10/15 | €111,209 | €101,457 | -€9,752 | -8.8% |
| Reserves | 13 | €111,209 | €101,457 | -€9,752 | -8.8% |
| Distributable reserves | 133 | €111,209 | €101,457 | -€9,752 | -8.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,126 | €26,309 | -€10,817 | -29.1% |
| Amounts payable after more than one year | 17 | €18,260 | €7,307 | -€10,953 | -60.0% |
| Financial debts | 170/4 | €18,260 | €7,307 | -€10,953 | -60.0% |
| Amounts payable within one year | 42/48 | €18,866 | €19,002 | +€136 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €10,945 | €10,953 | +€9 | +0.1% |
| Financial debts | 43 | €25 | €115 | +€90 | +360.8% |
| Credit institutions | 430/8 | €25 | €115 | +€90 | +360.8% |
| Trade debts | 44 | €655 | €55 | -€600 | -91.6% |
| Suppliers | 440/4 | €655 | €55 | -€600 | -91.6% |
| Taxes, remuneration and social security | 45 | €7,241 | €7,878 | +€637 | +8.8% |
| Taxes | 450/3 | €7,241 | €7,878 | +€637 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,978 | €12,974 | -€5,004 | -27.8% |
| Other operating charges | 640/8 | €2,408 | €2,083 | -€324 | -13.5% |
| Gross operating margin | 9900 | €35,155 | €37,107 | +€1,952 | +5.6% |
| Operating profit (loss) | 9901 | €14,769 | €22,049 | +€7,280 | +49.3% |
| Financial income | 75/76B | €657 | €373 | -€283 | -43.2% |
| Recurring financial income | 75 | €657 | €373 | -€283 | -43.2% |
| Financial charges | 65/66B | €101 | €782 | +€682 | +677.0% |
| Recurring financial charges | 65 | €101 | €782 | +€682 | +677.0% |
| Profit (loss) for the period before taxes | 9903 | €15,325 | €21,640 | +€6,315 | +41.2% |
| Income taxes | 67/77 | €5,275 | €6,669 | +€1,395 | +26.4% |
| Profit (loss) for the period | 9904 | €10,050 | €14,970 | +€4,920 | +49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,050 | €14,970 | +€4,920 | +49.0% |
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 30 September 2026 via checked.be.