CONBO: 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.
CONBO
Largest movements
- Stocks and contracts +€21,895
new in 2025: €21,895
- Cash +€7,004
up €7,004 (+53.0%), from €13,214 to €20,217
mainly Net result for the year (+€34,887) and Depreciation (+€19,572)
- Tangible fixed assets -€6,716
down €6,716 (-5.4%), from €124,966 to €118,250
of which Furniture and vehicles: -€11,520
- Financial fixed assets +€2,280
new in 2025: €2,280
- Reserves +€33,000
up €33,000 (+42.3%), from €78,000 to €111,000
- Debts after one year -€18,165
down €18,165 (-44.8%), from €40,555 to €22,390
- Trade debts +€6,944
up €6,944 (+1075.0%), from €646 to €7,590
- Other debts +€3,927
up €3,927 (+235.7%), from €1,666 to €5,593
- Tax, wage and social debts -€2,097
down €2,097 (-9.4%), from €22,252 to €20,156
of which Taxes: -€8,444
- Gross operating margin -€29,531
down €29,531 (-23.6%), from €125,019 to €95,488
- Staff costs +€28,243
new in 2025: €28,243
- Taxes -€9,190
down €9,190 (-48.5%), from €18,950 to €9,760
- Depreciation -€2,240
down €2,240 (-10.3%), from €21,812 to €19,572
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 | €163,772 | €189,156 | +€25,383 | +15.5% |
| Fixed assets | 21/28 | €124,966 | €120,530 | -€4,436 | -3.5% |
| Tangible fixed assets | 22/27 | €124,966 | €118,250 | -€6,716 | -5.4% |
| Plant, machinery and equipment | 23 | - | €3,105 | +€3,105 | |
| Furniture and vehicles | 24 | €42,577 | €31,057 | -€11,520 | -27.1% |
| Other tangible fixed assets | 26 | €82,389 | €84,089 | +€1,700 | +2.1% |
| Financial fixed assets | 28 | - | €2,280 | +€2,280 | |
| Current assets | 29/58 | €38,806 | €68,625 | +€29,819 | +76.8% |
| Stocks and contracts in progress | 3 | - | €21,895 | +€21,895 | |
| Stocks | 30/36 | - | €21,895 | +€21,895 | |
| Amounts receivable within one year | 40/41 | €24,452 | €24,923 | +€471 | +1.9% |
| Trade receivables | 40 | €24,366 | €24,693 | +€327 | +1.3% |
| Other amounts receivable | 41 | €85 | €230 | +€144 | +168.9% |
| Cash at bank and in hand | 54/58 | €13,214 | €20,217 | +€7,004 | +53.0% |
| Deferred charges and accrued income | 490/1 | €1,141 | €1,590 | +€449 | +39.4% |
| Total equity and liabilities | 10/49 | €163,772 | €189,156 | +€25,383 | +15.5% |
| Equity | 10/15 | €81,290 | €114,458 | +€33,169 | +40.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €78,000 | €111,000 | +€33,000 | +42.3% |
| Distributable reserves | 133 | €78,000 | €111,000 | +€33,000 | +42.3% |
| Profit (loss) carried forward | 14 | €290 | €458 | +€169 | +58.2% |
| Amounts payable | 17/49 | €82,483 | €74,697 | -€7,785 | -9.4% |
| Amounts payable after more than one year | 17 | €40,555 | €22,390 | -€18,165 | -44.8% |
| Financial debts | 170/4 | €40,555 | €22,390 | -€18,165 | -44.8% |
| Amounts payable within one year | 42/48 | €41,928 | €52,114 | +€10,187 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €17,363 | €18,775 | +€1,412 | +8.1% |
| Trade debts | 44 | €646 | €7,590 | +€6,944 | +1075.0% |
| Suppliers | 440/4 | €646 | €7,590 | +€6,944 | +1075.0% |
| Taxes, remuneration and social security | 45 | €22,252 | €20,156 | -€2,097 | -9.4% |
| Taxes | 450/3 | €22,252 | €13,809 | -€8,444 | -37.9% |
| Remuneration and social security | 454/9 | - | €6,347 | +€6,347 | |
| Other amounts payable | 47/48 | €1,666 | €5,593 | +€3,927 | +235.7% |
| Accrued charges and deferred income | 492/3 | - | €193 | +€193 | |
| Remuneration, social security and pensions | 62 | - | €28,243 | +€28,243 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,812 | €19,572 | -€2,240 | -10.3% |
| Other operating charges | 640/8 | €598 | €633 | +€35 | +5.9% |
| Gross operating margin | 9900 | €125,019 | €95,488 | -€29,531 | -23.6% |
| Operating profit (loss) | 9901 | €102,609 | €47,040 | -€55,569 | -54.2% |
| Financial income | 75/76B | €21 | €259 | +€238 | +1158.9% |
| Recurring financial income | 75 | €21 | €259 | +€238 | +1158.9% |
| Financial charges | 65/66B | €3,724 | €2,652 | -€1,072 | -28.8% |
| Recurring financial charges | 65 | €3,724 | €2,652 | -€1,072 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €98,906 | €44,647 | -€54,259 | -54.9% |
| Income taxes | 67/77 | €18,950 | €9,760 | -€9,190 | -48.5% |
| Profit (loss) for the period | 9904 | €79,956 | €34,887 | -€45,069 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,956 | €34,887 | -€45,069 | -56.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.