CONFEX: 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.
CONFEX
Largest movements
- Cash +€3,370
up €3,370 (+16.6%), from €20,309 to €23,678
mainly Receivables within one year (+€2,746) and Net result for the year (+€937)
- Receivables within one year -€2,746
down €2,746 (-100.0%), from €2,746 to €0
of which Other amounts receivable: -€2,308
- Deferred charges and accrued income +€343
up €343 (+71.3%), from €481 to €824
- Reserves +€937
up €937 (+7.3%), from €12,871 to €13,808
- Gross operating margin +€2,675
up €2,675, from -€1,142 to €1,533
- Taxes +€95
up €95, from -€1 to €94
- Depreciation -€64
down €64 (-28.2%), from €228 to €164
- Financial income -€17
down €17 (-8.8%), from €192 to €175
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 | €24,490 | €25,523 | +€1,033 | +4.2% |
| Fixed assets | 21/28 | €164 | €0 | -€164 | -100.0% |
| Tangible fixed assets | 22/27 | €164 | €0 | -€164 | -100.0% |
| Furniture and vehicles | 24 | €164 | €0 | -€164 | -100.0% |
| Current assets | 29/58 | €24,326 | €25,523 | +€1,197 | +4.9% |
| Stocks and contracts in progress | 3 | €790 | €1,020 | +€230 | +29.1% |
| Stocks | 30/36 | €790 | €1,020 | +€230 | +29.1% |
| Amounts receivable within one year | 40/41 | €2,746 | €0 | -€2,746 | -100.0% |
| Trade receivables | 40 | €439 | €0 | -€439 | -100.0% |
| Other amounts receivable | 41 | €2,308 | €0 | -€2,308 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,309 | €23,678 | +€3,370 | +16.6% |
| Deferred charges and accrued income | 490/1 | €481 | €824 | +€343 | +71.3% |
| Total equity and liabilities | 10/49 | €24,490 | €25,523 | +€1,033 | +4.2% |
| Equity | 10/15 | €19,071 | €20,008 | +€937 | +4.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,871 | €13,808 | +€937 | +7.3% |
| Distributable reserves | 133 | €12,871 | €13,808 | +€937 | +7.3% |
| Amounts payable | 17/49 | €5,419 | €5,515 | +€96 | +1.8% |
| Amounts payable within one year | 42/48 | €5,419 | €5,515 | +€96 | +1.8% |
| Trade debts | 44 | - | €217 | +€217 | |
| Suppliers | 440/4 | - | €217 | +€217 | |
| Advances received on contracts in progress | 46 | - | €94 | +€94 | |
| Taxes, remuneration and social security | 45 | €312 | €98 | -€215 | -68.7% |
| Taxes | 450/3 | €312 | €98 | -€215 | -68.7% |
| Other amounts payable | 47/48 | €5,107 | €5,107 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €228 | €164 | -€64 | -28.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,142 | €1,533 | +€2,675 | |
| Operating profit (loss) | 9901 | -€1,757 | €969 | +€2,727 | |
| Financial income | 75/76B | €192 | €175 | -€17 | -8.8% |
| Recurring financial income | 75 | €192 | €175 | -€17 | -8.8% |
| Financial charges | 65/66B | €115 | €114 | -€1 | -0.9% |
| Recurring financial charges | 65 | €115 | €114 | -€1 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,680 | €1,031 | +€2,711 | |
| Income taxes | 67/77 | -€1 | €94 | +€95 | |
| Profit (loss) for the period | 9904 | -€1,679 | €937 | +€2,616 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,679 | €937 | +€2,616 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.