CONDROZ SUN: 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 SUN
Largest movements
- Stocks and contracts +€4,223
up €4,223 (+117.6%), from €3,590 to €7,813
- Tangible fixed assets +€2,730
up €2,730 (+22.5%), from €12,119 to €14,849
of which Plant, machinery and equipment: +€5,963
- Receivables within one year +€1,250
new in 2025: €1,250
- Deferred charges and accrued income +€1,033
up €1,033 (+267.7%), from €386 to €1,419
- Cash +€778
up €778 (+5.9%), from €13,143 to €13,921
mainly Net result for the year (+€17,169) and Depreciation (+€7,044)
- Profit (loss) carried forward +€17,169
up €17,169 (+15.8%), from -€108,351 to -€91,182
- Other debts -€10,401
down €10,401 (-9.8%), from €106,274 to €95,873
- Trade debts +€3,115
up €3,115 (+26.7%), from €11,648 to €14,763
- Gross operating margin +€13,819
up €13,819 (+32.6%), from €42,422 to €56,241
- Financial charges -€2,406
down €2,406 (-71.9%), from €3,347 to €941
- Depreciation +€1,941
up €1,941 (+38.0%), from €5,103 to €7,044
- Staff costs +€1,275
up €1,275 (+5.1%), from €25,192 to €26,468
- Taxes -€565
no longer reported in 2025 (was €565)
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 | €29,738 | €39,751 | +€10,013 | +33.7% |
| Fixed assets | 21/28 | €12,618 | €15,348 | +€2,730 | +21.6% |
| Tangible fixed assets | 22/27 | €12,119 | €14,849 | +€2,730 | +22.5% |
| Plant, machinery and equipment | 23 | €4,885 | €10,849 | +€5,963 | +122.1% |
| Furniture and vehicles | 24 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Other tangible fixed assets | 26 | €1,234 | - | -€1,234 | |
| Financial fixed assets | 28 | €499 | €499 | = | 0.0% |
| Current assets | 29/58 | €17,119 | €24,403 | +€7,284 | +42.5% |
| Stocks and contracts in progress | 3 | €3,590 | €7,813 | +€4,223 | +117.6% |
| Stocks | 30/36 | €3,590 | €7,813 | +€4,223 | +117.6% |
| Amounts receivable within one year | 40/41 | - | €1,250 | +€1,250 | |
| Trade receivables | 40 | - | €1,250 | +€1,250 | |
| Cash at bank and in hand | 54/58 | €13,143 | €13,921 | +€778 | +5.9% |
| Deferred charges and accrued income | 490/1 | €386 | €1,419 | +€1,033 | +267.7% |
| Total equity and liabilities | 10/49 | €29,738 | €39,751 | +€10,013 | +33.7% |
| Equity | 10/15 | -€95,951 | -€78,782 | +€17,169 | +17.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,351 | -€91,182 | +€17,169 | +15.8% |
| Amounts payable | 17/49 | €125,688 | €118,532 | -€7,156 | -5.7% |
| Amounts payable within one year | 42/48 | €125,688 | €118,532 | -€7,156 | -5.7% |
| Trade debts | 44 | €11,648 | €14,763 | +€3,115 | +26.7% |
| Suppliers | 440/4 | €11,648 | €14,763 | +€3,115 | +26.7% |
| Taxes, remuneration and social security | 45 | €7,766 | €7,896 | +€130 | +1.7% |
| Taxes | 450/3 | €4,527 | €4,555 | +€28 | +0.6% |
| Remuneration and social security | 454/9 | €3,239 | €3,342 | +€103 | +3.2% |
| Other amounts payable | 47/48 | €106,274 | €95,873 | -€10,401 | -9.8% |
| Remuneration, social security and pensions | 62 | €25,192 | €26,468 | +€1,275 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,103 | €7,044 | +€1,941 | +38.0% |
| Other operating charges | 640/8 | €4,519 | €4,678 | +€159 | +3.5% |
| Gross operating margin | 9900 | €42,422 | €56,241 | +€13,819 | +32.6% |
| Operating profit (loss) | 9901 | €7,608 | €18,051 | +€10,444 | +137.3% |
| Financial income | 75/76B | €0 | €58 | +€58 | +13479.1% |
| Recurring financial income | 75 | €0 | €58 | +€58 | +13479.1% |
| Financial charges | 65/66B | €3,347 | €941 | -€2,406 | -71.9% |
| Recurring financial charges | 65 | €3,347 | €941 | -€2,406 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €4,261 | €17,169 | +€12,908 | +302.9% |
| Income taxes | 67/77 | €565 | - | -€565 | |
| Profit (loss) for the period | 9904 | €3,696 | €17,169 | +€13,473 | +364.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,696 | €17,169 | +€13,473 | +364.5% |
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 12 October 2026 via checked.be.