CONBE: 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.
CONBE
Largest movements
- Receivables within one year +€27,781
up €27,781, from €0 to €27,781
of which Other amounts receivable: +€27,781
- Tangible fixed assets -€16,692
down €16,692 (-1.4%), from €1.2m to €1.2m
of which Land and buildings: -€15,547
- Profit (loss) carried forward +€108,160
up €108,160, from -€108,160 to €0
- Debts after one year -€107,826
down €107,826 (-10.6%), from €1.0m to €906,232
- Reserves +€21,251
up €21,251 (+8.0%), from €267,059 to €288,309
- Depreciation -€167,346
down €167,346 (-90.9%), from €184,038 to €16,692
- Gross operating margin +€108,205
up €108,205 (+96.8%), from €111,728 to €219,933
- Taxes +€27,368
up €27,368 (+14380.5%), from €190 to €27,558
- Other operating charges +€8,512
up €8,512 (+626.1%), from €1,359 to €9,871
- Financial charges +€2,285
up €2,285 (+6.7%), from €34,301 to €36,585
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 | €1,267,785 | €1,295,041 | +€27,255 | +2.1% |
| Fixed assets | 21/28 | €1,226,992 | €1,210,300 | -€16,692 | -1.4% |
| Tangible fixed assets | 22/27 | €1,226,992 | €1,210,300 | -€16,692 | -1.4% |
| Land and buildings | 22 | €1,223,151 | €1,207,604 | -€15,547 | -1.3% |
| Furniture and vehicles | 24 | €1,050 | €544 | -€506 | -48.2% |
| Other tangible fixed assets | 26 | €2,790 | €2,152 | -€638 | -22.9% |
| Current assets | 29/58 | €40,794 | €84,741 | +€43,947 | +107.7% |
| Amounts receivable within one year | 40/41 | €0 | €27,781 | +€27,781 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €27,781 | +€27,781 | |
| Cash at bank and in hand | 54/58 | €35,344 | €45,825 | +€10,481 | +29.7% |
| Deferred charges and accrued income | 490/1 | €5,449 | €11,135 | +€5,685 | +104.3% |
| Total equity and liabilities | 10/49 | €1,267,785 | €1,295,041 | +€27,255 | +2.1% |
| Equity | 10/15 | €171,299 | €300,709 | +€129,411 | +75.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €267,059 | €288,309 | +€21,251 | +8.0% |
| Distributable reserves | 133 | €267,059 | €288,309 | +€21,251 | +8.0% |
| Profit (loss) carried forward | 14 | -€108,160 | €0 | +€108,160 | |
| Amounts payable | 17/49 | €1,096,487 | €994,331 | -€102,155 | -9.3% |
| Amounts payable after more than one year | 17 | €1,014,059 | €906,232 | -€107,826 | -10.6% |
| Financial debts | 170/4 | €1,014,059 | €906,232 | -€107,826 | -10.6% |
| Amounts payable within one year | 42/48 | €79,919 | €85,478 | +€5,560 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €55,847 | €57,826 | +€1,979 | +3.5% |
| Trade debts | 44 | €1,215 | €1,410 | +€195 | +16.1% |
| Suppliers | 440/4 | €1,215 | €1,410 | +€195 | +16.1% |
| Taxes, remuneration and social security | 45 | €12,418 | €14,423 | +€2,005 | +16.1% |
| Taxes | 450/3 | €9,170 | €14,423 | +€5,253 | +57.3% |
| Remuneration and social security | 454/9 | €3,248 | €0 | -€3,248 | -100.0% |
| Other amounts payable | 47/48 | €10,439 | €11,819 | +€1,380 | +13.2% |
| Accrued charges and deferred income | 492/3 | €2,509 | €2,621 | +€112 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,038 | €16,692 | -€167,346 | -90.9% |
| Other operating charges | 640/8 | €1,359 | €9,871 | +€8,512 | +626.1% |
| Gross operating margin | 9900 | €111,728 | €219,933 | +€108,205 | +96.8% |
| Operating profit (loss) | 9901 | -€73,669 | €193,370 | +€267,039 | |
| Financial income | 75/76B | €0 | €184 | +€183 | +52362.9% |
| Recurring financial income | 75 | €0 | €184 | +€183 | +52362.9% |
| Financial charges | 65/66B | €34,301 | €36,585 | +€2,285 | +6.7% |
| Recurring financial charges | 65 | €34,301 | €36,585 | +€2,285 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€107,970 | €156,968 | +€264,938 | |
| Income taxes | 67/77 | €190 | €27,558 | +€27,368 | +14380.5% |
| Profit (loss) for the period | 9904 | -€108,160 | €129,411 | +€237,571 | |
| Profit (loss) for the period to be appropriated | 9905 | -€108,160 | €129,411 | +€237,571 |
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 4 October 2026 via checked.be.