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CONDATA: 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.

What changed

CONDATA

BE 0809.540.818
NACE 69.201, Certified accountants and tax accountants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€22,590
2023 · €26,710-€4,120
Equity
€85,760
2023 · €83,170+€2,590
Cash
€8,069
2023 · €5,787+€2,282
Balance sheet total
€138,648
2023 · €169,731-€31,083

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€76,084

    down €76,084 (-55.4%), from €137,307 to €61,223

    of which Other amounts receivable: -€72,611

  • Tangible fixed assets +€29,095

    up €29,095 (+119.7%), from €24,300 to €53,395

    of which Furniture and vehicles: +€35,326

  • Current investments +€9,998

    up €9,998 (+499900.0%), from €2 to €10,000

  • Deferred charges and accrued income +€3,234

    up €3,234 (+862.4%), from €375 to €3,609

  • Cash +€2,282

    up €2,282 (+39.4%), from €5,787 to €8,069

    mainly Receivables within one year (+€76,084) and Net result for the year (+€22,590)

Equity and liabilities
  • Other debts -€21,000

    down €21,000 (-60.0%), from €35,000 to €14,000

  • Trade debts -€9,425

    down €9,425 (-84.3%), from €11,182 to €1,757

  • Tax, wage and social debts -€3,248

    down €3,248 (-8.0%), from €40,379 to €37,131

  • Profit (loss) carried forward +€2,590

    up €2,590 (+4.1%), from €62,710 to €65,300

Income statement
  • Gross operating margin +€15,980

    up €15,980 (+35.1%), from €45,503 to €61,483

  • Other operating charges +€8,241

    up €8,241 (+583.6%), from €1,412 to €9,653

  • Taxes +€7,802

    up €7,802 (+70.2%), from €11,111 to €18,913

  • Depreciation +€4,045

    up €4,045 (+64.9%), from €6,231 to €10,276

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €26,710
Gross operating margin +€15,980
Depreciation -€4,045
Other operating charges -€8,241
Financial income -€10
Financial charges -€2
Taxes -€7,802
Result 2024 €22,590

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€72,043
Investment -€49,761
Financing -€20,000
Cash 2023 €5,787
Net result for the year +€22,590
Depreciation +€10,276
Receivables within one year +€76,084
Deferred charges and accrued income -€3,234
Trade debts -€9,425
Tax, wage and social debts -€3,248
Other debts -€21,000
Investment in fixed assets (net) -€39,763
Current investments -€9,998
Contributions, distributions and other -€20,000
Cash 2024 €8,069
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €169,731 €138,648 -€31,083 -18.3%
Fixed assets 21/28 €26,260 €55,747 +€29,487 +112.3%
Tangible fixed assets 22/27 €24,300 €53,395 +€29,095 +119.7%
Furniture and vehicles 24 - €35,326 +€35,326
Other tangible fixed assets 26 €24,300 €18,069 -€6,231 -25.6%
Financial fixed assets 28 €1,960 €2,352 +€392 +20.0%
Current assets 29/58 €143,471 €82,901 -€60,570 -42.2%
Amounts receivable within one year 40/41 €137,307 €61,223 -€76,084 -55.4%
Trade receivables 40 €4,011 €538 -€3,473 -86.6%
Other amounts receivable 41 €133,296 €60,685 -€72,611 -54.5%
Current investments 50/53 €2 €10,000 +€9,998 +499900.0%
Cash at bank and in hand 54/58 €5,787 €8,069 +€2,282 +39.4%
Deferred charges and accrued income 490/1 €375 €3,609 +€3,234 +862.4%
Total equity and liabilities 10/49 €169,731 €138,648 -€31,083 -18.3%
Equity 10/15 €83,170 €85,760 +€2,590 +3.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €62,710 €65,300 +€2,590 +4.1%
Amounts payable 17/49 €86,561 €52,888 -€33,673 -38.9%
Amounts payable within one year 42/48 €86,561 €52,888 -€33,673 -38.9%
Trade debts 44 €11,182 €1,757 -€9,425 -84.3%
Suppliers 440/4 €11,182 €1,757 -€9,425 -84.3%
Taxes, remuneration and social security 45 €40,379 €37,131 -€3,248 -8.0%
Taxes 450/3 €40,379 €37,131 -€3,248 -8.0%
Other amounts payable 47/48 €35,000 €14,000 -€21,000 -60.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,231 €10,276 +€4,045 +64.9%
Other operating charges 640/8 €1,412 €9,653 +€8,241 +583.6%
Gross operating margin 9900 €45,503 €61,483 +€15,980 +35.1%
Operating profit (loss) 9901 €37,860 €41,554 +€3,694 +9.8%
Financial income 75/76B €10 - -€10
Recurring financial income 75 €10 - -€10
Financial charges 65/66B €49 €51 +€2 +4.1%
Recurring financial charges 65 €49 €51 +€2 +4.1%
Profit (loss) for the period before taxes 9903 €37,821 €41,503 +€3,682 +9.7%
Income taxes 67/77 €11,111 €18,913 +€7,802 +70.2%
Profit (loss) for the period 9904 €26,710 €22,590 -€4,120 -15.4%
Profit (loss) for the period to be appropriated 9905 €26,710 €22,590 -€4,120 -15.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.