CONDOCO: 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.
CONDOCO
Largest movements
- Cash +€12,757
up €12,757 (+38.7%), from €32,935 to €45,692
mainly Other debts (+€43,174) and Depreciation (+€24,686)
- Tangible fixed assets -€12,731
down €12,731 (-1.3%), from €961,975 to €949,244
- Other debts +€43,174
up €43,174 (+308.4%), from €14,000 to €57,174
- Debts after one year -€27,173
down €27,173 (-3.0%), from €917,584 to €890,411
- Profit (loss) carried forward -€16,042
down €16,042 (-322.9%), from -€4,968 to -€21,011
- Gross operating margin -€43,856
down €43,856 (-52.2%), from €84,032 to €40,176
- Other operating charges +€7,470
up €7,470 (+688.2%), from €1,086 to €8,556
- Taxes -€3,608
down €3,608 (-100.0%), from €3,608 to €0
- Depreciation +€1,708
up €1,708 (+7.4%), from €22,978 to €24,686
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 | €1,000,175 | €1,000,113 | -€62 | 0.0% |
| Fixed assets | 21/28 | €966,935 | €954,204 | -€12,731 | -1.3% |
| Tangible fixed assets | 22/27 | €961,975 | €949,244 | -€12,731 | -1.3% |
| Land and buildings | 22 | €961,975 | €949,244 | -€12,731 | -1.3% |
| Financial fixed assets | 28 | €4,960 | €4,960 | = | 0.0% |
| Current assets | 29/58 | €33,240 | €45,909 | +€12,669 | +38.1% |
| Amounts receivable within one year | 40/41 | €304 | €217 | -€88 | -28.8% |
| Trade receivables | 40 | €304 | €217 | -€88 | -28.8% |
| Cash at bank and in hand | 54/58 | €32,935 | €45,692 | +€12,757 | +38.7% |
| Total equity and liabilities | 10/49 | €1,000,175 | €1,000,113 | -€62 | 0.0% |
| Equity | 10/15 | €57,005 | €40,963 | -€16,042 | -28.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,968 | -€21,011 | -€16,042 | -322.9% |
| Amounts payable | 17/49 | €943,170 | €959,150 | +€15,980 | +1.7% |
| Amounts payable after more than one year | 17 | €917,584 | €890,411 | -€27,173 | -3.0% |
| Financial debts | 170/4 | €917,584 | €890,411 | -€27,173 | -3.0% |
| Amounts payable within one year | 42/48 | €18,390 | €61,543 | +€43,154 | +234.7% |
| Trade debts | 44 | €781 | €761 | -€21 | -2.6% |
| Suppliers | 440/4 | €781 | €761 | -€21 | -2.6% |
| Taxes, remuneration and social security | 45 | €3,608 | €3,608 | = | 0.0% |
| Taxes | 450/3 | €3,608 | €3,608 | = | 0.0% |
| Other amounts payable | 47/48 | €14,000 | €57,174 | +€43,174 | +308.4% |
| Accrued charges and deferred income | 492/3 | €7,196 | €7,196 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,978 | €24,686 | +€1,708 | +7.4% |
| Other operating charges | 640/8 | €1,086 | €8,556 | +€7,470 | +688.2% |
| Gross operating margin | 9900 | €84,032 | €40,176 | -€43,856 | -52.2% |
| Operating profit (loss) | 9901 | €59,969 | €6,934 | -€53,034 | -88.4% |
| Financial charges | 65/66B | €23,583 | €22,977 | -€606 | -2.6% |
| Recurring financial charges | 65 | €23,583 | €22,977 | -€606 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €36,386 | -€16,042 | -€52,428 | |
| Income taxes | 67/77 | €3,608 | €0 | -€3,608 | -100.0% |
| Profit (loss) for the period | 9904 | €32,778 | -€16,042 | -€48,820 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,778 | -€16,042 | -€48,820 |
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 6 October 2026 via checked.be.