Condor 2: 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.
Condor 2
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€12,478
down €12,478 (-83.7%), from -€14,903 to -€27,381
- Other debts +€8,056
up €8,056 (+29.3%), from €27,507 to €35,563
- Financial charges +€8,461
up €8,461 (+6,371%), from €133 to €8,593
- Other operating charges +€350
up €350 (+91.1%), from €384 to €735
- Gross operating margin +€81
up €81 (+2.5%), from -€3,231 to -€3,150
From the 2023 result to the 2024 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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €713,604 | €709,182 | -€4,422 | -0.6% |
| Fixed assets | 21/28 | €700,000 | €700,000 | = | 0.0% |
| Financial fixed assets | 28 | €700,000 | €700,000 | = | 0.0% |
| Current assets | 29/58 | €13,604 | €9,182 | -€4,422 | -32.5% |
| Cash at bank and in hand | 54/58 | €13,604 | €9,182 | -€4,422 | -32.5% |
| Total equity and liabilities | 10/49 | €713,604 | €709,182 | -€4,422 | -0.6% |
| Equity | 10/15 | €686,097 | €673,619 | -€12,478 | -1.8% |
| Contributions | 10/11 | €701,000 | €701,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,903 | -€27,381 | -€12,478 | -83.7% |
| Amounts payable | 17/49 | €27,507 | €35,563 | +€8,056 | +29.3% |
| Amounts payable within one year | 42/48 | €27,507 | €35,563 | +€8,056 | +29.3% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €27,507 | €35,563 | +€8,056 | +29.3% |
| Other operating charges | 640/8 | €384 | €735 | +€350 | +91.1% |
| Gross operating margin | 9900 | -€3,231 | -€3,150 | +€81 | +2.5% |
| Operating profit (loss) | 9901 | -€3,615 | -€3,885 | -€270 | -7.5% |
| Financial charges | 65/66B | €133 | €8,593 | +€8,461 | +6,371% |
| Recurring financial charges | 65 | €133 | €8,593 | +€8,461 | +6,371% |
| Profit (loss) for the period before taxes | 9903 | -€3,748 | -€12,478 | -€8,730 | -233% |
| Profit (loss) for the period | 9904 | -€3,748 | -€12,478 | -€8,730 | -233% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,748 | -€12,478 | -€8,730 | -233% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.