CONDIMENTARIUS: 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.
CONDIMENTARIUS
Largest movements
- Tangible fixed assets -€48,479
down €48,479 (-23.5%), from €206,235 to €157,756
of which Furniture and vehicles: -€47,590
- Cash +€5,263
up €5,263 (+30.6%), from €17,190 to €22,454
mainly Depreciation (+€49,322) and Other debts (+€4,949)
- Receivables within one year -€4,620
down €4,620 (-37.2%), from €12,427 to €7,808
of which Trade receivables: -€4,463
- Deferred charges and accrued income -€2,710
down €2,710 (-79.5%), from €3,410 to €700
- Profit (loss) carried forward -€30,013
down €30,013 (-82.6%), from -€36,332 to -€66,345
- Debts after one year -€19,770
down €19,770 (-29.4%), from €67,247 to €47,477
- Other debts +€4,949
up €4,949 (+31.9%), from €15,529 to €20,478
- Advances received -€3,534
down €3,534 (-100.0%), from €3,534 to €0
- Trade debts -€2,959
down €2,959 (-66.3%), from €4,461 to €1,502
- Gross operating margin -€91,880
down €91,880 (-77.8%), from €118,042 to €26,162
- Depreciation +€8,220
up €8,220 (+20.0%), from €41,102 to €49,322
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 | €240,313 | €189,767 | -€50,546 | -21.0% |
| Fixed assets | 21/28 | €207,285 | €158,806 | -€48,479 | -23.4% |
| Tangible fixed assets | 22/27 | €206,235 | €157,756 | -€48,479 | -23.5% |
| Plant, machinery and equipment | 23 | €1,655 | €765 | -€890 | -53.8% |
| Furniture and vehicles | 24 | €204,580 | €156,991 | -€47,590 | -23.3% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €33,028 | €30,961 | -€2,067 | -6.3% |
| Amounts receivable within one year | 40/41 | €12,427 | €7,808 | -€4,620 | -37.2% |
| Trade receivables | 40 | €11,131 | €6,667 | -€4,463 | -40.1% |
| Other amounts receivable | 41 | €1,297 | €1,140 | -€157 | -12.1% |
| Cash at bank and in hand | 54/58 | €17,190 | €22,454 | +€5,263 | +30.6% |
| Deferred charges and accrued income | 490/1 | €3,410 | €700 | -€2,710 | -79.5% |
| Total equity and liabilities | 10/49 | €240,313 | €189,767 | -€50,546 | -21.0% |
| Equity | 10/15 | €130,500 | €100,487 | -€30,013 | -23.0% |
| Contributions | 10/11 | €149,910 | €149,910 | = | 0.0% |
| Reserves | 13 | €16,922 | €16,922 | = | 0.0% |
| Distributable reserves | 133 | €16,922 | €16,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,332 | -€66,345 | -€30,013 | -82.6% |
| Amounts payable | 17/49 | €109,813 | €89,281 | -€20,533 | -18.7% |
| Amounts payable after more than one year | 17 | €67,247 | €47,477 | -€19,770 | -29.4% |
| Financial debts | 170/4 | €67,247 | €47,477 | -€19,770 | -29.4% |
| Amounts payable within one year | 42/48 | €42,567 | €41,803 | -€763 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €18,996 | €19,770 | +€774 | +4.1% |
| Trade debts | 44 | €4,461 | €1,502 | -€2,959 | -66.3% |
| Suppliers | 440/4 | €4,461 | €1,502 | -€2,959 | -66.3% |
| Advances received on contracts in progress | 46 | €3,534 | €0 | -€3,534 | -100.0% |
| Taxes, remuneration and social security | 45 | €47 | €54 | +€8 | +16.4% |
| Taxes | 450/3 | €47 | €54 | +€8 | +16.4% |
| Other amounts payable | 47/48 | €15,529 | €20,478 | +€4,949 | +31.9% |
| Non-recurring operating income | 76A | €78,512 | €0 | -€78,512 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,102 | €49,322 | +€8,220 | +20.0% |
| Other operating charges | 640/8 | €3,059 | €3,023 | -€36 | -1.2% |
| Gross operating margin | 9900 | €118,042 | €26,162 | -€91,880 | -77.8% |
| Operating profit (loss) | 9901 | €73,882 | -€26,183 | -€100,065 | |
| Financial charges | 65/66B | €2,980 | €3,276 | +€296 | +9.9% |
| Recurring financial charges | 65 | €2,980 | €3,276 | +€296 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €70,902 | -€29,459 | -€100,360 | |
| Income taxes | 67/77 | €547 | €554 | +€8 | +1.4% |
| Profit (loss) for the period | 9904 | €70,355 | -€30,013 | -€100,368 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,355 | -€30,013 | -€100,368 |
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 3 October 2026 via checked.be.