CONDUITE ET GESTION: what changed
CONDUITE ET GESTION
Largest movements
- Tangible fixed assets +€15,979
up €15,979 (+97.7%), from €16,348 to €32,327
of which Furniture and vehicles: +€16,193
- Cash -€9,109
down €9,109 (-83.6%), from €10,900 to €1,791
mainly Investment in fixed assets (net) (-€22,001) and Trade debts (-€2,395)
- Receivables within one year -€1,507
down €1,507 (-7.7%), from €19,487 to €17,980
of which Trade receivables: -€5,858
- Profit (loss) carried forward +€6,209
up €6,209, from -€3,239 to €2,970
- Trade debts -€2,395
down €2,395 (-35.3%), from €6,791 to €4,396
- Tax, wage and social debts +€1,963
up €1,963 (+9.9%), from €19,762 to €21,725
- Gross operating margin -€16,044
down €16,044 (-37.5%), from €42,802 to €26,758
- Depreciation +€5,258
up €5,258 (+688%), from €764 to €6,022
- Write-downs -€3,323
down €3,323 (-66.2%), from €5,023 to €1,700
- Taxes -€1,832
down €1,832 (-15.1%), from €12,096 to €10,264
- Other operating charges +€1,557
up €1,557 (+265%), from €587 to €2,144
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,774 | €52,598 | +€5,824 | +12.5% |
| Fixed assets | 21/28 | €16,387 | €32,366 | +€15,979 | +97.5% |
| Tangible fixed assets | 22/27 | €16,348 | €32,327 | +€15,979 | +97.7% |
| Plant, machinery and equipment | 23 | €379 | €165 | -€214 | -56.5% |
| Furniture and vehicles | 24 | €15,969 | €32,162 | +€16,193 | +101% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €30,387 | €20,232 | -€10,155 | -33.4% |
| Amounts receivable within one year | 40/41 | €19,487 | €17,980 | -€1,507 | -7.7% |
| Trade receivables | 40 | €11,710 | €5,852 | -€5,858 | -50.0% |
| Other amounts receivable | 41 | €7,777 | €12,128 | +€4,351 | +55.9% |
| Cash at bank and in hand | 54/58 | €10,900 | €1,791 | -€9,109 | -83.6% |
| Deferred charges and accrued income | 490/1 | - | €461 | +€461 | |
| Total equity and liabilities | 10/49 | €46,774 | €52,598 | +€5,824 | +12.5% |
| Equity | 10/15 | €20,221 | €26,430 | +€6,209 | +30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,860 | €4,860 | = | 0.0% |
| 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 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,239 | €2,970 | +€6,209 | |
| Amounts payable | 17/49 | €26,553 | €26,168 | -€385 | -1.4% |
| Amounts payable within one year | 42/48 | €26,553 | €26,121 | -€432 | -1.6% |
| Trade debts | 44 | €6,791 | €4,396 | -€2,395 | -35.3% |
| Suppliers | 440/4 | €6,791 | €4,396 | -€2,395 | -35.3% |
| Taxes, remuneration and social security | 45 | €19,762 | €21,725 | +€1,963 | +9.9% |
| Taxes | 450/3 | €19,762 | €21,725 | +€1,963 | +9.9% |
| Accrued charges and deferred income | 492/3 | - | €47 | +€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €764 | €6,022 | +€5,258 | +688% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,023 | €1,700 | -€3,323 | -66.2% |
| Other operating charges | 640/8 | €587 | €2,144 | +€1,557 | +265% |
| Gross operating margin | 9900 | €42,802 | €26,758 | -€16,044 | -37.5% |
| Operating profit (loss) | 9901 | €36,428 | €16,892 | -€19,536 | -53.6% |
| Financial income | 75/76B | - | €504 | +€504 | |
| Recurring financial income | 75 | - | €504 | +€504 | |
| Financial charges | 65/66B | €1,035 | €923 | -€112 | -10.8% |
| Recurring financial charges | 65 | €1,035 | €923 | -€112 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €35,393 | €16,473 | -€18,920 | -53.5% |
| Income taxes | 67/77 | €12,096 | €10,264 | -€1,832 | -15.1% |
| Profit (loss) for the period | 9904 | €23,297 | €6,209 | -€17,088 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,297 | €6,209 | -€17,088 | -73.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.