CONDROZLIFE: 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.
CONDROZLIFE
Largest movements
- Tangible fixed assets -€21,438
down €21,438 (-13.7%), from €156,189 to €134,751
of which Land and buildings: -€15,302
- Cash -€17,914
down €17,914 (-60.6%), from €29,582 to €11,668
mainly Net result for the year (-€58,763) and Investment in fixed assets (net) (-€5,871)
- Profit (loss) carried forward -€58,763
down €58,763 (-118%), from -€49,922 to -€108,685
- Other debts +€23,959
up €23,959 (+10.6%), from €225,228 to €249,187
- Tax, wage and social debts -€3,468
down €3,468 (-63.1%), from €5,500 to €2,032
of which Taxes: -€4,294
- Staff costs +€28,916
up €28,916 (+288%), from €10,057 to €38,972
- Gross operating margin -€27,297
down €27,297 (-76.0%), from €35,927 to €8,630
- Depreciation +€4,220
up €4,220 (+18.2%), from €23,178 to €27,398
- Financial income -€1,874
down €1,874 (-59.3%), from €3,158 to €1,284
of which Non-recurring financial income: -€2,614
- Other operating charges +€380
up €380 (+26.3%), from €1,448 to €1,828
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 | €186,981 | €147,728 | -€39,253 | -21.0% |
| Formation expenses | 20 | €89 | - | -€89 | |
| Fixed assets | 21/28 | €156,767 | €135,329 | -€21,438 | -13.7% |
| Tangible fixed assets | 22/27 | €156,189 | €134,751 | -€21,438 | -13.7% |
| Land and buildings | 22 | €121,665 | €106,364 | -€15,302 | -12.6% |
| Plant, machinery and equipment | 23 | €9,721 | €6,377 | -€3,344 | -34.4% |
| Furniture and vehicles | 24 | €24,803 | €22,011 | -€2,792 | -11.3% |
| Financial fixed assets | 28 | €578 | €578 | = | 0.0% |
| Current assets | 29/58 | €30,125 | €12,399 | -€17,726 | -58.8% |
| Amounts receivable within one year | 40/41 | €543 | €33 | -€510 | -94.0% |
| Trade receivables | 40 | €512 | - | -€512 | |
| Other amounts receivable | 41 | €31 | €33 | +€2 | +6.8% |
| Cash at bank and in hand | 54/58 | €29,582 | €11,668 | -€17,914 | -60.6% |
| Deferred charges and accrued income | 490/1 | - | €698 | +€698 | |
| Total equity and liabilities | 10/49 | €186,981 | €147,728 | -€39,253 | -21.0% |
| Equity | 10/15 | -€46,422 | -€105,185 | -€58,763 | -127% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Contributions outside capital | 11 | €3,500 | €3,500 | = | 0.0% |
| Other | 1109/19 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,922 | -€108,685 | -€58,763 | -118% |
| Amounts payable | 17/49 | €233,402 | €252,913 | +€19,511 | +8.4% |
| Amounts payable within one year | 42/48 | €233,402 | €252,913 | +€19,511 | +8.4% |
| Trade debts | 44 | €2,675 | €1,695 | -€980 | -36.6% |
| Suppliers | 440/4 | €2,675 | €1,695 | -€980 | -36.6% |
| Taxes, remuneration and social security | 45 | €5,500 | €2,032 | -€3,468 | -63.1% |
| Taxes | 450/3 | €5,462 | €1,168 | -€4,294 | -78.6% |
| Remuneration and social security | 454/9 | €38 | €863 | +€826 | +2,181% |
| Other amounts payable | 47/48 | €225,228 | €249,187 | +€23,959 | +10.6% |
| Remuneration, social security and pensions | 62 | €10,057 | €38,972 | +€28,916 | +288% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,178 | €27,398 | +€4,220 | +18.2% |
| Other operating charges | 640/8 | €1,448 | €1,828 | +€380 | +26.3% |
| Gross operating margin | 9900 | €35,927 | €8,630 | -€27,297 | -76.0% |
| Operating profit (loss) | 9901 | €1,244 | -€59,569 | -€60,812 | |
| Financial income | 75/76B | €3,158 | €1,284 | -€1,874 | -59.3% |
| Recurring financial income | 75 | €158 | €898 | +€741 | +469% |
| Non-recurring financial income | 76B | €3,000 | €386 | -€2,614 | -87.1% |
| Financial charges | 65/66B | €176 | €479 | +€303 | +172% |
| Recurring financial charges | 65 | €176 | €213 | +€36 | +20.7% |
| Non-recurring financial charges | 66B | - | €267 | +€267 | |
| Profit (loss) for the period before taxes | 9903 | €4,226 | -€58,763 | -€62,989 | |
| Profit (loss) for the period | 9904 | €4,226 | -€58,763 | -€62,989 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,226 | -€58,763 | -€62,989 |
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 14 October 2026 via checked.be.