Condroz Levage: 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.
Condroz Levage
Largest movements
- Tangible fixed assets -€538,112
down €538,112 (-52.4%), from €1.0m to €488,605
of which Furniture and vehicles: -€515,241
- Debts after one year -€332,488
down €332,488 (-51.9%), from €641,065 to €308,577
- Trade debts -€77,545
down €77,545 (-92.5%), from €83,816 to €6,271
- Reserves -€60,000
down €60,000 (-33.0%), from €181,860 to €121,860
of which Distributable reserves: -€60,000
- Current portion of long-term debt -€56,933
down €56,933 (-52.0%), from €109,415 to €52,482
- Short-term financial debts -€29,996
down €29,996 (-40.0%), from €75,000 to €45,004
- Depreciation -€48,216
down €48,216 (-49.7%), from €97,083 to €48,867
- Gross operating margin -€32,421
down €32,421 (-44.8%), from €72,392 to €39,971
- Other operating charges +€23,280
up €23,280 (+683%), from €3,408 to €26,688
- Financial charges -€11,079
down €11,079 (-35.8%), from €30,957 to €19,878
of which Financial charges: -€11,195
- Staff costs +€6,497
up €6,497 (+392%), from €1,657 to €8,154
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.
Derived cash bridge
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 | €1,116,482 | €566,368 | -€550,114 | -49.3% |
| Fixed assets | 21/28 | €1,028,666 | €490,554 | -€538,112 | -52.3% |
| Tangible fixed assets | 22/27 | €1,026,718 | €488,605 | -€538,112 | -52.4% |
| Land and buildings | 22 | €441,133 | €418,653 | -€22,480 | -5.1% |
| Plant, machinery and equipment | 23 | €21,964 | €21,574 | -€391 | -1.8% |
| Furniture and vehicles | 24 | €563,621 | €48,379 | -€515,241 | -91.4% |
| Financial fixed assets | 28 | €1,949 | €1,949 | = | 0.0% |
| Current assets | 29/58 | €87,816 | €75,814 | -€12,002 | -13.7% |
| Stocks and contracts in progress | 3 | €11,288 | €11,038 | -€250 | -2.2% |
| Stocks | 30/36 | €11,288 | €11,038 | -€250 | -2.2% |
| Amounts receivable within one year | 40/41 | €61,590 | €56,343 | -€5,247 | -8.5% |
| Trade receivables | 40 | €52,406 | €53,532 | +€1,126 | +2.1% |
| Other amounts receivable | 41 | €9,184 | €2,811 | -€6,373 | -69.4% |
| Cash at bank and in hand | 54/58 | €10,328 | €450 | -€9,878 | -95.6% |
| Deferred charges and accrued income | 490/1 | €4,610 | €7,983 | +€3,373 | +73.2% |
| Total equity and liabilities | 10/49 | €1,116,482 | €566,368 | -€550,114 | -49.3% |
| Equity | 10/15 | €196,774 | €132,748 | -€64,026 | -32.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,860 | €121,860 | -€60,000 | -33.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €180,000 | €120,000 | -€60,000 | -33.3% |
| Profit (loss) carried forward | 14 | €3,334 | €652 | -€2,681 | -80.4% |
| Investment grants | 15 | €5,380 | €4,035 | -€1,345 | -25.0% |
| Amounts payable | 17/49 | €919,708 | €433,621 | -€486,087 | -52.9% |
| Amounts payable after more than one year | 17 | €641,065 | €308,577 | -€332,488 | -51.9% |
| Financial debts | 170/4 | €641,065 | €308,577 | -€332,488 | -51.9% |
| Amounts payable within one year | 42/48 | €278,417 | €124,676 | -€153,741 | -55.2% |
| Current portion of amounts payable after more than one year | 42 | €109,415 | €52,482 | -€56,933 | -52.0% |
| Financial debts | 43 | €75,000 | €45,004 | -€29,996 | -40.0% |
| Credit institutions | 430/8 | €75,000 | €45,004 | -€29,996 | -40.0% |
| Trade debts | 44 | €83,816 | €6,271 | -€77,545 | -92.5% |
| Suppliers | 440/4 | €83,816 | €6,271 | -€77,545 | -92.5% |
| Taxes, remuneration and social security | 45 | €7,045 | €17,359 | +€10,314 | +146% |
| Taxes | 450/3 | €7,045 | €17,359 | +€10,314 | +146% |
| Other amounts payable | 47/48 | €3,141 | €3,560 | +€418 | +13.3% |
| Accrued charges and deferred income | 492/3 | €225 | €367 | +€142 | +62.9% |
| Remuneration, social security and pensions | 62 | €1,657 | €8,154 | +€6,497 | +392% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,083 | €48,867 | -€48,216 | -49.7% |
| Other operating charges | 640/8 | €3,408 | €26,688 | +€23,280 | +683% |
| Gross operating margin | 9900 | €72,392 | €39,971 | -€32,421 | -44.8% |
| Operating profit (loss) | 9901 | -€29,757 | -€43,738 | -€13,982 | -47.0% |
| Financial income | 75/76B | €1,345 | €1,345 | = | 0.0% |
| Recurring financial income | 75 | €1,345 | €1,345 | = | 0.0% |
| Financial charges | 65/66B | €30,957 | €19,878 | -€11,079 | -35.8% |
| Recurring financial charges | 65 | €30,957 | €19,762 | -€11,195 | -36.2% |
| Non-recurring financial charges | 66B | - | €116 | +€116 | |
| Profit (loss) for the period before taxes | 9903 | -€59,369 | -€62,272 | -€2,903 | -4.9% |
| Income taxes | 67/77 | €427 | €410 | -€17 | -4.0% |
| Profit (loss) for the period | 9904 | -€59,796 | -€62,681 | -€2,886 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,796 | -€62,681 | -€2,886 | -4.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.