CONDURIL: 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.
CONDURIL
Largest movements
- Cash -€6,217
down €6,217 (-14.9%), from €41,813 to €35,597
mainly Trade debts (-€5,218) and Other debts (-€2,445)
- Tangible fixed assets -€1,356
down €1,356 (-20.9%), from €6,490 to €5,134
of which Furniture and vehicles: -€2,147
- Trade debts -€5,218
down €5,218 (-91.7%), from €5,687 to €470
- Other debts -€2,445
down €2,445 (-13.5%), from €18,088 to €15,643
- Tax, wage and social debts -€1,686
down €1,686 (-69.9%), from €2,412 to €726
- Accrued charges and deferred income +€1,297
up €1,297 (+21805.4%), from €6 to €1,303
- Gross operating margin +€11,340
up €11,340 (+494.6%), from €2,293 to €13,633
- Write-downs +€5,370
new in 2025: €5,370
- Financial charges +€1,664
up €1,664 (+195.1%), from €853 to €2,516
- Depreciation +€603
up €603 (+20.1%), from €3,001 to €3,604
- Other operating charges -€305
down €305 (-24.6%), from €1,240 to €935
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 | €68,290 | €60,397 | -€7,893 | -11.6% |
| Fixed assets | 21/28 | €10,222 | €8,880 | -€1,342 | -13.1% |
| Tangible fixed assets | 22/27 | €6,490 | €5,134 | -€1,356 | -20.9% |
| Plant, machinery and equipment | 23 | €798 | €1,590 | +€791 | +99.1% |
| Furniture and vehicles | 24 | €5,692 | €3,545 | -€2,147 | -37.7% |
| Financial fixed assets | 28 | €3,732 | €3,745 | +€14 | +0.4% |
| Current assets | 29/58 | €58,068 | €51,517 | -€6,551 | -11.3% |
| Amounts receivable within one year | 40/41 | €12,988 | €13,225 | +€237 | +1.8% |
| Trade receivables | 40 | €11,593 | €12,119 | +€526 | +4.5% |
| Other amounts receivable | 41 | €1,394 | €1,106 | -€289 | -20.7% |
| Current investments | 50/53 | €176 | €177 | +€1 | +0.4% |
| Cash at bank and in hand | 54/58 | €41,813 | €35,597 | -€6,217 | -14.9% |
| Deferred charges and accrued income | 490/1 | €3,091 | €2,519 | -€572 | -18.5% |
| Total equity and liabilities | 10/49 | €68,290 | €60,397 | -€7,893 | -11.6% |
| Equity | 10/15 | €42,096 | €42,254 | +€158 | +0.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,196 | €21,354 | +€158 | +0.7% |
| Amounts payable | 17/49 | €26,193 | €18,143 | -€8,051 | -30.7% |
| Amounts payable within one year | 42/48 | €26,187 | €16,839 | -€9,348 | -35.7% |
| Trade debts | 44 | €5,687 | €470 | -€5,218 | -91.7% |
| Suppliers | 440/4 | €5,687 | €470 | -€5,218 | -91.7% |
| Taxes, remuneration and social security | 45 | €2,412 | €726 | -€1,686 | -69.9% |
| Taxes | 450/3 | €2,412 | €726 | -€1,686 | -69.9% |
| Other amounts payable | 47/48 | €18,088 | €15,643 | -€2,445 | -13.5% |
| Accrued charges and deferred income | 492/3 | €6 | €1,303 | +€1,297 | +21805.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,001 | €3,604 | +€603 | +20.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,370 | +€5,370 | |
| Other operating charges | 640/8 | €1,240 | €935 | -€305 | -24.6% |
| Gross operating margin | 9900 | €2,293 | €13,633 | +€11,340 | +494.6% |
| Operating profit (loss) | 9901 | -€1,948 | €3,723 | +€5,672 | |
| Financial income | 75/76B | €37 | €17 | -€19 | -53.1% |
| Recurring financial income | 75 | €37 | €17 | -€19 | -53.1% |
| Financial charges | 65/66B | €853 | €2,516 | +€1,664 | +195.1% |
| Recurring financial charges | 65 | €853 | €2,516 | +€1,664 | +195.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,764 | €1,224 | +€3,989 | |
| Income taxes | 67/77 | €151 | €234 | +€82 | +54.4% |
| Profit (loss) for the period | 9904 | -€2,916 | €991 | +€3,906 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,916 | €991 | +€3,906 |
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 9 October 2026 via checked.be.