CONFETTI: 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.
CONFETTI
Largest movements
- Financial fixed assets -€4,938
down €4,938 (-67.6%), from €7,300 to €2,362
- Cash -€3,537
down €3,537 (-46.7%), from €7,576 to €4,039
mainly Net result for the year (-€16,296) and Trade debts (-€820)
- Receivables within one year -€2,465
down €2,465 (-91.3%), from €2,700 to €235
of which Trade receivables: -€2,614
- Tangible fixed assets -€1,455
down €1,455 (-57.7%), from €2,520 to €1,065
of which Plant, machinery and equipment: -€1,429
- Profit (loss) carried forward -€16,296
down €16,296 (-135%), from -€12,116 to -€28,412
- Other debts +€2,745
up €2,745 (+58.2%), from €4,718 to €7,463
- Tax, wage and social debts +€1,103
up €1,103 (+99.0%), from €1,114 to €2,218
of which Remuneration and social security: +€2,170
- Trade debts -€820
down €820 (-55.5%), from €1,479 to €659
- Short-term financial debts +€771
up €771 (+25,778%), from €3 to €774
- Staff costs -€9,262
down €9,262 (-100%), from €9,262 to €0
- Gross operating margin -€4,733
down €4,733 (-39.3%), from -€12,039 to -€16,772
- Financial income +€2,581
up €2,581 (+25,810,900%), from €0 to €2,581
- Depreciation -€456
down €456 (-23.9%), from €1,911 to €1,455
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 | €20,198 | €7,701 | -€12,497 | -61.9% |
| Fixed assets | 21/28 | €9,820 | €3,427 | -€6,393 | -65.1% |
| Tangible fixed assets | 22/27 | €2,520 | €1,065 | -€1,455 | -57.7% |
| Plant, machinery and equipment | 23 | €2,494 | €1,065 | -€1,429 | -57.3% |
| Furniture and vehicles | 24 | €26 | €0 | -€26 | -100% |
| Financial fixed assets | 28 | €7,300 | €2,362 | -€4,938 | -67.6% |
| Current assets | 29/58 | €10,379 | €4,274 | -€6,105 | -58.8% |
| Amounts receivable within one year | 40/41 | €2,700 | €235 | -€2,465 | -91.3% |
| Trade receivables | 40 | €2,614 | €0 | -€2,614 | -100% |
| Other amounts receivable | 41 | €86 | €235 | +€149 | +173% |
| Cash at bank and in hand | 54/58 | €7,576 | €4,039 | -€3,537 | -46.7% |
| Deferred charges and accrued income | 490/1 | €103 | €0 | -€103 | -100% |
| Total equity and liabilities | 10/49 | €20,198 | €7,701 | -€12,497 | -61.9% |
| Equity | 10/15 | €7,884 | -€8,412 | -€16,296 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,116 | -€28,412 | -€16,296 | -135% |
| Amounts payable | 17/49 | €12,314 | €16,113 | +€3,799 | +30.8% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 170/4 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,314 | €11,113 | +€3,799 | +51.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €3 | €774 | +€771 | +25,778% |
| Credit institutions | 430/8 | €3 | €774 | +€771 | +25,778% |
| Trade debts | 44 | €1,479 | €659 | -€820 | -55.5% |
| Suppliers | 440/4 | €1,479 | €659 | -€820 | -55.5% |
| Taxes, remuneration and social security | 45 | €1,114 | €2,218 | +€1,103 | +99.0% |
| Taxes | 450/3 | €1,114 | €47 | -€1,067 | -95.7% |
| Remuneration and social security | 454/9 | €0 | €2,170 | +€2,170 | |
| Other amounts payable | 47/48 | €4,718 | €7,463 | +€2,745 | +58.2% |
| Remuneration, social security and pensions | 62 | €9,262 | €0 | -€9,262 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,911 | €1,455 | -€456 | -23.9% |
| Other operating charges | 640/8 | €593 | €520 | -€74 | -12.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€12,039 | -€16,772 | -€4,733 | -39.3% |
| Operating profit (loss) | 9901 | -€23,805 | -€18,747 | +€5,058 | +21.2% |
| Financial income | 75/76B | €0 | €2,581 | +€2,581 | +25,810,900% |
| Recurring financial income | 75 | €0 | €2,581 | +€2,581 | +25,810,900% |
| Financial charges | 65/66B | €289 | €130 | -€159 | -54.9% |
| Recurring financial charges | 65 | €289 | €130 | -€159 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,094 | -€16,296 | +€7,798 | +32.4% |
| Income taxes | 67/77 | €47 | €0 | -€47 | -100% |
| Profit (loss) for the period | 9904 | -€24,141 | -€16,296 | +€7,845 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,141 | -€16,296 | +€7,845 | +32.5% |
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 14 October 2026 via checked.be.