CONDUGO: 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.
CONDUGO
Largest movements
- Cash +€15,119
up €15,119 (+38.7%), from €39,112 to €54,230
mainly Net result for the year (+€25,771) and Tax, wage and social debts (+€10,697)
- Deferred charges and accrued income -€10,511
down €10,511 (-83.7%), from €12,558 to €2,047
- Receivables within one year +€4,531
up €4,531 (+56.1%), from €8,069 to €12,600
of which Trade receivables: +€4,031
- Profit (loss) carried forward +€25,771
up €25,771 (+57.8%), from -€44,555 to -€18,784
- Contributions -€25,674
down €25,674 (-26.8%), from €95,877 to €70,203
- Tax, wage and social debts +€10,697
up €10,697 (+1,294%), from €827 to €11,524
- Accrued charges and deferred income -€1,124
no longer reported in 2025 (was €1,124)
- Gross operating margin -€43,875
down €43,875 (-62.4%), from €70,270 to €26,396
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 | €59,739 | €68,878 | +€9,138 | +15.3% |
| Current assets | 29/58 | €59,739 | €68,878 | +€9,138 | +15.3% |
| Amounts receivable within one year | 40/41 | €8,069 | €12,600 | +€4,531 | +56.1% |
| Trade receivables | 40 | €8,069 | €12,100 | +€4,031 | +50.0% |
| Other amounts receivable | 41 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €39,112 | €54,230 | +€15,119 | +38.7% |
| Deferred charges and accrued income | 490/1 | €12,558 | €2,047 | -€10,511 | -83.7% |
| Total equity and liabilities | 10/49 | €59,739 | €68,878 | +€9,138 | +15.3% |
| Equity | 10/15 | €51,322 | €51,418 | +€97 | +0.2% |
| Contributions | 10/11 | €95,877 | €70,203 | -€25,674 | -26.8% |
| Profit (loss) carried forward | 14 | -€44,555 | -€18,784 | +€25,771 | +57.8% |
| Amounts payable | 17/49 | €8,418 | €17,459 | +€9,041 | +107% |
| Amounts payable within one year | 42/48 | €7,294 | €17,459 | +€10,166 | +139% |
| Trade debts | 44 | €6,467 | €5,935 | -€532 | -8.2% |
| Suppliers | 440/4 | €6,467 | €5,935 | -€532 | -8.2% |
| Taxes, remuneration and social security | 45 | €827 | €11,524 | +€10,697 | +1,294% |
| Taxes | 450/3 | €827 | €11,524 | +€10,697 | +1,294% |
| Accrued charges and deferred income | 492/3 | €1,124 | - | -€1,124 | |
| Other operating charges | 640/8 | €555 | €400 | -€156 | -28.0% |
| Gross operating margin | 9900 | €70,270 | €26,396 | -€43,875 | -62.4% |
| Operating profit (loss) | 9901 | €69,715 | €25,996 | -€43,719 | -62.7% |
| Financial charges | 65/66B | €125 | €225 | +€100 | +80.1% |
| Recurring financial charges | 65 | €125 | €225 | +€100 | +80.1% |
| Profit (loss) for the period before taxes | 9903 | €69,590 | €25,771 | -€43,819 | -63.0% |
| Income taxes | 67/77 | €440 | - | -€440 | |
| Profit (loss) for the period | 9904 | €69,150 | €25,771 | -€43,380 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,150 | €25,771 | -€43,380 | -62.7% |
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.