CONDI-PACK: 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.
CONDI-PACK
Largest movements
- Cash -€10,973
down €10,973 (-86.3%), from €12,710 to €1,737
mainly Net result for the year (-€13,685) and Tax, wage and social debts (-€5,254)
- Tangible fixed assets -€4,772
down €4,772 (-78.2%), from €6,105 to €1,334
- Receivables within one year -€3,598
down €3,598 (-2.0%), from €177,303 to €173,705
of which Trade receivables: -€17,346
- Profit (loss) carried forward -€13,685
down €13,685 (-37.3%), from €36,681 to €22,996
- Tax, wage and social debts -€5,254
down €5,254 (-62.6%), from €8,394 to €3,141
- Gross operating margin -€19,324
down €19,324, from €13,484 to -€5,840
- Taxes -€2,578
down €2,578 (-93.6%), from €2,755 to €177
- Write-downs +€1,869
new in 2025: €1,869
- Other operating charges -€696
down €696 (-45.1%), from €1,545 to €849
- Financial charges -€258
down €258 (-59.2%), from €437 to €178
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 | €196,254 | €176,915 | -€19,339 | -9.9% |
| Fixed assets | 21/28 | €6,105 | €1,334 | -€4,772 | -78.2% |
| Tangible fixed assets | 22/27 | €6,105 | €1,334 | -€4,772 | -78.2% |
| Furniture and vehicles | 24 | €6,105 | €1,334 | -€4,772 | -78.2% |
| Current assets | 29/58 | €190,149 | €175,582 | -€14,568 | -7.7% |
| Amounts receivable within one year | 40/41 | €177,303 | €173,705 | -€3,598 | -2.0% |
| Trade receivables | 40 | €17,738 | €392 | -€17,346 | -97.8% |
| Other amounts receivable | 41 | €159,564 | €173,312 | +€13,748 | +8.6% |
| Cash at bank and in hand | 54/58 | €12,710 | €1,737 | -€10,973 | -86.3% |
| Deferred charges and accrued income | 490/1 | €136 | €140 | +€4 | +2.8% |
| Total equity and liabilities | 10/49 | €196,254 | €176,915 | -€19,339 | -9.9% |
| Equity | 10/15 | €184,258 | €170,573 | -€13,685 | -7.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €141,077 | €141,077 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Distributable reserves | 133 | €139,127 | €139,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,681 | €22,996 | -€13,685 | -37.3% |
| Amounts payable | 17/49 | €11,997 | €6,342 | -€5,655 | -47.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €11,997 | €6,342 | -€5,655 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €1,337 | €0 | -€1,337 | -100.0% |
| Trade debts | 44 | €2,265 | €3,201 | +€936 | +41.3% |
| Suppliers | 440/4 | €2,265 | €3,201 | +€936 | +41.3% |
| Taxes, remuneration and social security | 45 | €8,394 | €3,141 | -€5,254 | -62.6% |
| Taxes | 450/3 | €8,394 | €3,141 | -€5,254 | -62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,772 | €4,772 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,869 | +€1,869 | |
| Other operating charges | 640/8 | €1,545 | €849 | -€696 | -45.1% |
| Gross operating margin | 9900 | €13,484 | -€5,840 | -€19,324 | |
| Operating profit (loss) | 9901 | €7,167 | -€13,329 | -€20,496 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €437 | €178 | -€258 | -59.2% |
| Recurring financial charges | 65 | €437 | €178 | -€258 | -59.2% |
| Profit (loss) for the period before taxes | 9903 | €6,731 | -€13,507 | -€20,238 | |
| Income taxes | 67/77 | €2,755 | €177 | -€2,578 | -93.6% |
| Profit (loss) for the period | 9904 | €3,975 | -€13,685 | -€17,660 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,975 | -€13,685 | -€17,660 |
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 5 October 2026 via checked.be.