CONFER: 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.
CONFER
Largest movements
- Tangible fixed assets -€21,832
down €21,832 (-8.8%), from €247,963 to €226,131
- Receivables within one year +€4,696
up €4,696 (+209.6%), from €2,240 to €6,936
- Reserves +€27,300
up €27,300 (+1467.7%), from €1,860 to €29,160
of which Distributable reserves: +€27,300
- Provisions -€25,700
no longer reported in 2025 (was €25,700)
- Debts after one year -€17,938
down €17,938 (-48.3%), from €37,104 to €19,166
- Tax, wage and social debts +€12,091
up €12,091 (+166.3%), from €7,271 to €19,362
- Short-term financial debts +€11,694
up €11,694 (+105.1%), from €11,127 to €22,821
- Provisions -€25,700
new in 2025: -€25,700
- Taxes +€11,334
up €11,334 (+402.5%), from €2,816 to €14,150
- Gross operating margin +€4,831
up €4,831 (+11.7%), from €41,217 to €46,048
- Other operating charges -€4,196
down €4,196 (-59.4%), from €7,059 to €2,863
- Depreciation +€2,831
up €2,831 (+14.6%), from €19,388 to €22,219
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €250,203 | €233,067 | -€17,136 | -6.8% |
| Fixed assets | 21/28 | €247,963 | €226,131 | -€21,832 | -8.8% |
| Tangible fixed assets | 22/27 | €247,963 | €226,131 | -€21,832 | -8.8% |
| Land and buildings | 22 | €201,988 | €194,318 | -€7,670 | -3.8% |
| Furniture and vehicles | 24 | €28,111 | €17,229 | -€10,882 | -38.7% |
| Other tangible fixed assets | 26 | €17,864 | €14,584 | -€3,280 | -18.4% |
| Current assets | 29/58 | €2,240 | €6,936 | +€4,696 | +209.6% |
| Amounts receivable within one year | 40/41 | €2,240 | €6,936 | +€4,696 | +209.6% |
| Trade receivables | 40 | €2,240 | €6,936 | +€4,696 | +209.6% |
| Total equity and liabilities | 10/49 | €250,203 | €233,067 | -€17,136 | -6.8% |
| Equity | 10/15 | €114,412 | €141,743 | +€27,331 | +23.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €29,160 | +€27,300 | +1467.7% |
| 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 | - | €27,300 | +€27,300 | |
| Profit (loss) carried forward | 14 | €93,952 | €93,983 | +€31 | 0.0% |
| Provisions and deferred taxes | 16 | €25,700 | - | -€25,700 | |
| Provisions for liabilities and charges | 160/5 | €25,700 | - | -€25,700 | |
| Major repairs and maintenance | 162 | €25,700 | - | -€25,700 | |
| Amounts payable | 17/49 | €110,091 | €91,324 | -€18,767 | -17.0% |
| Amounts payable after more than one year | 17 | €37,104 | €19,166 | -€17,938 | -48.3% |
| Financial debts | 170/4 | €37,104 | €19,166 | -€17,938 | -48.3% |
| Amounts payable within one year | 42/48 | €66,645 | €72,158 | +€5,513 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €24,421 | €18,249 | -€6,172 | -25.3% |
| Financial debts | 43 | €11,127 | €22,821 | +€11,694 | +105.1% |
| Credit institutions | 430/8 | €11,127 | €22,821 | +€11,694 | +105.1% |
| Trade debts | 44 | €11,338 | €6,467 | -€4,871 | -43.0% |
| Suppliers | 440/4 | €11,338 | €6,467 | -€4,871 | -43.0% |
| Taxes, remuneration and social security | 45 | €7,271 | €19,362 | +€12,091 | +166.3% |
| Taxes | 450/3 | €7,271 | €19,362 | +€12,091 | +166.3% |
| Other amounts payable | 47/48 | €12,488 | €5,259 | -€7,229 | -57.9% |
| Accrued charges and deferred income | 492/3 | €6,342 | - | -€6,342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,388 | €22,219 | +€2,831 | +14.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€25,700 | -€25,700 | |
| Other operating charges | 640/8 | €7,059 | €2,863 | -€4,196 | -59.4% |
| Gross operating margin | 9900 | €41,217 | €46,048 | +€4,831 | +11.7% |
| Operating profit (loss) | 9901 | €14,770 | €46,666 | +€31,896 | +216.0% |
| Financial charges | 65/66B | €5,282 | €5,185 | -€97 | -1.8% |
| Recurring financial charges | 65 | €5,282 | €5,185 | -€97 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €9,488 | €41,481 | +€31,993 | +337.2% |
| Income taxes | 67/77 | €2,816 | €14,150 | +€11,334 | +402.5% |
| Profit (loss) for the period | 9904 | €6,672 | €27,331 | +€20,659 | +309.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,672 | €27,331 | +€20,659 | +309.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.