CONEXIS: what changed
Two fiscal 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.
CONEXIS
Largest movements
- Receivables within one year +€15,682
up €15,682 (+60.7%), from €25,853 to €41,534
of which Trade receivables: +€16,944
- Cash -€2,912
down €2,912 (-1.3%), from €217,205 to €214,294
mainly Receivables within one year (-€15,682) and Contributions, distributions and other (-€10,000)
- Reserves +€7,000
up €7,000 (+6.9%), from €101,860 to €108,860
of which Distributable reserves: +€7,000
- Trade debts +€6,717
up €6,717 (+108.4%), from €6,196 to €12,914
- Gross operating margin +€44,515
up €44,515 (+55.2%), from €80,631 to €125,146
- Staff costs +€10,301
up €10,301 (+11.7%), from €87,713 to €98,014
- Taxes +€4,904
up €4,904 (+3980.7%), from €123 to €5,027
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,778 | €260,346 | +€14,568 | +5.9% |
| Fixed assets | 21/28 | €2,689 | €3,134 | +€444 | +16.5% |
| Tangible fixed assets | 22/27 | €2,620 | €3,064 | +€444 | +17.0% |
| Furniture and vehicles | 24 | €2,036 | €2,664 | +€628 | +30.9% |
| Other tangible fixed assets | 26 | €584 | €400 | -€184 | -31.5% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €243,088 | €257,212 | +€14,124 | +5.8% |
| Amounts receivable within one year | 40/41 | €25,853 | €41,534 | +€15,682 | +60.7% |
| Trade receivables | 40 | €11,041 | €27,985 | +€16,944 | +153.5% |
| Other amounts receivable | 41 | €14,811 | €13,549 | -€1,262 | -8.5% |
| Cash at bank and in hand | 54/58 | €217,205 | €214,294 | -€2,912 | -1.3% |
| Deferred charges and accrued income | 490/1 | €31 | €1,384 | +€1,354 | +4431.2% |
| Total equity and liabilities | 10/49 | €245,778 | €260,346 | +€14,568 | +5.9% |
| Equity | 10/15 | €213,190 | €220,429 | +€7,240 | +3.4% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €101,860 | €108,860 | +€7,000 | +6.9% |
| 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 | €100,000 | €107,000 | +€7,000 | +7.0% |
| Profit (loss) carried forward | 14 | €97,730 | €97,969 | +€240 | +0.2% |
| Amounts payable | 17/49 | €32,588 | €39,917 | +€7,329 | +22.5% |
| Amounts payable within one year | 42/48 | €32,588 | €39,917 | +€7,329 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €3,118 | €1,894 | -€1,223 | -39.2% |
| Trade debts | 44 | €6,196 | €12,914 | +€6,717 | +108.4% |
| Suppliers | 440/4 | €6,196 | €12,914 | +€6,717 | +108.4% |
| Taxes, remuneration and social security | 45 | €23,242 | €24,654 | +€1,411 | +6.1% |
| Taxes | 450/3 | €8,797 | €11,057 | +€2,260 | +25.7% |
| Remuneration and social security | 454/9 | €14,446 | €13,597 | -€848 | -5.9% |
| Other amounts payable | 47/48 | €32 | €455 | +€424 | +1338.6% |
| Non-recurring operating income | 76A | €10,601 | - | -€10,601 | |
| Remuneration, social security and pensions | 62 | €87,713 | €98,014 | +€10,301 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,482 | €1,795 | -€688 | -27.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €620 | - | -€620 | |
| Other operating charges | 640/8 | €719 | €315 | -€404 | -56.2% |
| Non-recurring operating charges | 66A | €5,601 | - | -€5,601 | |
| Gross operating margin | 9900 | €80,631 | €125,146 | +€44,515 | +55.2% |
| Operating profit (loss) | 9901 | -€16,504 | €25,022 | +€41,526 | |
| Financial income | 75/76B | €572 | €0 | -€572 | -100.0% |
| Recurring financial income | 75 | €572 | €0 | -€572 | -100.0% |
| Financial charges | 65/66B | €1,829 | €2,755 | +€926 | +50.7% |
| Recurring financial charges | 65 | €1,829 | €2,755 | +€926 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,761 | €22,267 | +€40,028 | |
| Income taxes | 67/77 | €123 | €5,027 | +€4,904 | +3980.7% |
| Profit (loss) for the period | 9904 | -€17,884 | €17,240 | +€35,124 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,884 | €17,240 | +€35,124 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.