CONBRECA: 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.
CONBRECA
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets +€26,468
new in 2025: €26,468
- Cash +€6,116
up €6,116 (+39.8%), from €15,381 to €21,498
mainly Net result for the year (+€70,156) and Debts after one year (+€12,665)
- Receivables within one year +€3,948
up €3,948 (+20.3%), from €19,488 to €23,435
of which Trade receivables: +€3,948
- Reserves +€69,323
up €69,323 (+395.4%), from €17,531 to €86,853
- Debts after one year +€12,665
new in 2025: €12,665
- Current portion of long-term debt +€10,510
new in 2025: €10,510
- Tax, wage and social debts -€4,762
down €4,762 (-38.5%), from €12,354 to €7,592
of which Taxes: -€3,172
- Gross operating margin +€69,377
up €69,377 (+265.6%), from €26,123 to €95,500
- Taxes +€13,418
up €13,418 (+286.0%), from €4,692 to €18,110
- Depreciation +€2,211
up €2,211 (+73.3%), from €3,017 to €5,228
- Other operating charges +€1,023
new in 2025: €1,023
- Financial charges +€959
up €959 (+3835.4%), from €25 to €984
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 | €35,034 | €121,799 | +€86,766 | +247.7% |
| Fixed assets | 21/28 | - | €26,468 | +€26,468 | |
| Tangible fixed assets | 22/27 | - | €26,468 | +€26,468 | |
| Leasing and similar rights | 25 | - | €26,468 | +€26,468 | |
| Current assets | 29/58 | €35,034 | €95,331 | +€60,297 | +172.1% |
| Amounts receivable within one year | 40/41 | €19,488 | €23,435 | +€3,948 | +20.3% |
| Trade receivables | 40 | €19,483 | €23,431 | +€3,948 | +20.3% |
| Other amounts receivable | 41 | €4 | €4 | = | 0.0% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €15,381 | €21,498 | +€6,116 | +39.8% |
| Deferred charges and accrued income | 490/1 | €165 | €398 | +€233 | +141.5% |
| Total equity and liabilities | 10/49 | €35,034 | €121,799 | +€86,766 | +247.7% |
| Equity | 10/15 | €18,531 | €87,853 | +€69,323 | +374.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,531 | €86,853 | +€69,323 | +395.4% |
| Distributable reserves | 133 | €17,531 | €86,853 | +€69,323 | +395.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,503 | €33,946 | +€17,443 | +105.7% |
| Amounts payable after more than one year | 17 | - | €12,665 | +€12,665 | |
| Financial debts | 170/4 | - | €12,665 | +€12,665 | |
| Amounts payable within one year | 42/48 | €16,003 | €21,180 | +€5,177 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | - | €10,510 | +€10,510 | |
| Trade debts | 44 | €1,071 | €294 | -€778 | -72.6% |
| Suppliers | 440/4 | €1,071 | €294 | -€778 | -72.6% |
| Taxes, remuneration and social security | 45 | €12,354 | €7,592 | -€4,762 | -38.5% |
| Taxes | 450/3 | €9,174 | €6,002 | -€3,172 | -34.6% |
| Remuneration and social security | 454/9 | €3,180 | €1,590 | -€1,590 | -50.0% |
| Other amounts payable | 47/48 | €2,578 | €2,785 | +€207 | +8.0% |
| Accrued charges and deferred income | 492/3 | €500 | €100 | -€400 | -80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,017 | €5,228 | +€2,211 | +73.3% |
| Other operating charges | 640/8 | - | €1,023 | +€1,023 | |
| Gross operating margin | 9900 | €26,123 | €95,500 | +€69,377 | +265.6% |
| Operating profit (loss) | 9901 | €23,106 | €89,250 | +€66,144 | +286.3% |
| Financial charges | 65/66B | €25 | €984 | +€959 | +3835.4% |
| Recurring financial charges | 65 | €25 | €984 | +€959 | +3835.4% |
| Profit (loss) for the period before taxes | 9903 | €23,081 | €88,266 | +€65,185 | +282.4% |
| Income taxes | 67/77 | €4,692 | €18,110 | +€13,418 | +286.0% |
| Profit (loss) for the period | 9904 | €18,390 | €70,156 | +€51,766 | +281.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,390 | €70,156 | +€51,766 | +281.5% |
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 12 October 2026 via checked.be.