CONESSENCE INTERIM MANAGEMENT: 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.
CONESSENCE INTERIM MANAGEMENT
Largest movements
- Cash -€66,872
down €66,872 (-58.8%), from €113,686 to €46,813
mainly Short-term financial debts (-€209,545) and Contributions, distributions and other (-€88,000)
- Receivables within one year -€42,327
down €42,327 (-2.5%), from €1.7m to €1.6m
of which Other amounts receivable: -€45,876
- Current investments +€20,000
up €20,000 (+130%), from €15,400 to €35,400
- Short-term financial debts -€209,545
down €209,545 (-27.1%), from €774,129 to €564,584
- Trade debts +€152,008
up €152,008 (+21.9%), from €693,636 to €845,644
- Accrued charges and deferred income -€59,360
down €59,360 (-92.2%), from €64,350 to €4,990
- Other debts +€43,000
up €43,000 (+95.6%), from €45,000 to €88,000
- Advances received -€33,162
down €33,162 (-95.6%), from €34,688 to €1,526
- Gross operating margin +€20,207
up €20,207 (+18.0%), from €112,549 to €132,756
- Taxes -€15,514
down €15,514 (-75.0%), from €20,686 to €5,172
- Financial charges -€6,137
down €6,137 (-20.7%), from €29,617 to €23,479
- Other operating charges -€3,544
down €3,544 (-75.6%), from €4,686 to €1,143
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 | €1,812,575 | €1,709,187 | -€103,388 | -5.7% |
| Fixed assets | 21/28 | €15,191 | €5,960 | -€9,231 | -60.8% |
| Tangible fixed assets | 22/27 | €15,191 | €5,960 | -€9,231 | -60.8% |
| Plant, machinery and equipment | 23 | €6,805 | €3,074 | -€3,731 | -54.8% |
| Furniture and vehicles | 24 | €8,386 | €2,886 | -€5,500 | -65.6% |
| Current assets | 29/58 | €1,797,384 | €1,703,227 | -€94,157 | -5.2% |
| Amounts receivable within one year | 40/41 | €1,662,915 | €1,620,588 | -€42,327 | -2.5% |
| Trade receivables | 40 | €1,612,915 | €1,616,464 | +€3,549 | +0.2% |
| Other amounts receivable | 41 | €50,000 | €4,124 | -€45,876 | -91.8% |
| Current investments | 50/53 | €15,400 | €35,400 | +€20,000 | +130% |
| Cash at bank and in hand | 54/58 | €113,686 | €46,813 | -€66,872 | -58.8% |
| Deferred charges and accrued income | 490/1 | €5,384 | €426 | -€4,958 | -92.1% |
| Total equity and liabilities | 10/49 | €1,812,575 | €1,709,187 | -€103,388 | -5.7% |
| Equity | 10/15 | €195,469 | €201,201 | +€5,732 | +2.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €160,000 | €160,000 | = | 0.0% |
| Distributable reserves | 133 | €160,000 | €160,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,469 | €11,201 | +€5,732 | +105% |
| Amounts payable | 17/49 | €1,617,105 | €1,507,986 | -€109,120 | -6.7% |
| Amounts payable within one year | 42/48 | €1,552,755 | €1,502,996 | -€49,759 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €774,129 | €564,584 | -€209,545 | -27.1% |
| Other loans | 439 | €774,129 | €564,584 | -€209,545 | -27.1% |
| Trade debts | 44 | €693,636 | €845,644 | +€152,008 | +21.9% |
| Suppliers | 440/4 | €693,636 | €845,644 | +€152,008 | +21.9% |
| Advances received on contracts in progress | 46 | €34,688 | €1,526 | -€33,162 | -95.6% |
| Taxes, remuneration and social security | 45 | €5,302 | €3,242 | -€2,060 | -38.9% |
| Taxes | 450/3 | €5,302 | €3,242 | -€2,060 | -38.9% |
| Other amounts payable | 47/48 | €45,000 | €88,000 | +€43,000 | +95.6% |
| Accrued charges and deferred income | 492/3 | €64,350 | €4,990 | -€59,360 | -92.2% |
| Remuneration, social security and pensions | 62 | €88 | €0 | -€88 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,231 | €9,231 | = | 0.0% |
| Other operating charges | 640/8 | €4,686 | €1,143 | -€3,544 | -75.6% |
| Gross operating margin | 9900 | €112,549 | €132,756 | +€20,207 | +18.0% |
| Operating profit (loss) | 9901 | €98,544 | €122,383 | +€23,839 | +24.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +450% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +450% |
| Financial charges | 65/66B | €29,617 | €23,479 | -€6,137 | -20.7% |
| Recurring financial charges | 65 | €29,617 | €23,479 | -€6,137 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €68,927 | €98,904 | +€29,976 | +43.5% |
| Income taxes | 67/77 | €20,686 | €5,172 | -€15,514 | -75.0% |
| Profit (loss) for the period | 9904 | €48,242 | €93,732 | +€45,490 | +94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,242 | €93,732 | +€45,490 | +94.3% |
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 24 October 2026 via checked.be.