CON_CREATE: 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.
CON_CREATE
Largest movements
- Tangible fixed assets -€30,875
down €30,875 (-4.4%), from €697,572 to €666,697
of which Land and buildings: -€33,376
- Other debts -€21,762
down €21,762 (-3.9%), from €554,407 to €532,645
- Debts after one year -€8,114
down €8,114 (-100%), from €8,114 to €0
- Gross operating margin -€8,581
down €8,581 (-14.5%), from €59,168 to €50,588
- Taxes -€801
down €801 (-61.2%), from €1,310 to €508
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 | €730,828 | €702,552 | -€28,275 | -3.9% |
| Fixed assets | 21/28 | €697,572 | €666,697 | -€30,875 | -4.4% |
| Tangible fixed assets | 22/27 | €697,572 | €666,697 | -€30,875 | -4.4% |
| Land and buildings | 22 | €696,668 | €663,292 | -€33,376 | -4.8% |
| Furniture and vehicles | 24 | €904 | €3,406 | +€2,501 | +277% |
| Current assets | 29/58 | €33,256 | €35,855 | +€2,600 | +7.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €32,575 | €35,177 | +€2,602 | +8.0% |
| Deferred charges and accrued income | 490/1 | €681 | €678 | -€3 | -0.4% |
| Total equity and liabilities | 10/49 | €730,828 | €702,552 | -€28,275 | -3.9% |
| Equity | 10/15 | €151,555 | €156,638 | +€5,083 | +3.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €89,555 | €94,638 | +€5,083 | +5.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €83,355 | €88,438 | +€5,083 | +6.1% |
| Amounts payable | 17/49 | €579,273 | €545,914 | -€33,358 | -5.8% |
| Amounts payable after more than one year | 17 | €8,114 | €0 | -€8,114 | -100% |
| Financial debts | 170/4 | €8,114 | €0 | -€8,114 | -100% |
| Amounts payable within one year | 42/48 | €570,159 | €544,735 | -€25,424 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €13,909 | €8,114 | -€5,795 | -41.7% |
| Trade debts | 44 | €29 | €2,158 | +€2,130 | +7,437% |
| Suppliers | 440/4 | €29 | €2,158 | +€2,130 | +7,437% |
| Taxes, remuneration and social security | 45 | €1,814 | €1,818 | +€4 | +0.2% |
| Taxes | 450/3 | €1,814 | €1,818 | +€4 | +0.2% |
| Other amounts payable | 47/48 | €554,407 | €532,645 | -€21,762 | -3.9% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,179 | +€179 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,180 | €36,482 | +€303 | +0.8% |
| Other operating charges | 640/8 | €7,435 | €7,730 | +€295 | +4.0% |
| Gross operating margin | 9900 | €59,168 | €50,588 | -€8,581 | -14.5% |
| Operating profit (loss) | 9901 | €15,554 | €6,375 | -€9,179 | -59.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,148 | €784 | -€364 | -31.7% |
| Recurring financial charges | 65 | €1,148 | €784 | -€364 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €14,406 | €5,591 | -€8,815 | -61.2% |
| Income taxes | 67/77 | €1,310 | €508 | -€801 | -61.2% |
| Profit (loss) for the period | 9904 | €13,096 | €5,083 | -€8,013 | -61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,096 | €5,083 | -€8,013 | -61.2% |
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 17 October 2026 via checked.be.