CONFIAGO: 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.
CONFIAGO
Largest movements
- Cash -€13,773
down €13,773 (-19.1%), from €72,237 to €58,463
mainly Net result for the year (-€10,761) and Debts after one year (-€9,937)
- Tangible fixed assets -€7,671
down €7,671 (-3.8%), from €202,353 to €194,682
of which Land and buildings: -€6,446
- Profit (loss) carried forward -€10,761
down €10,761 (-43.2%), from -€24,929 to -€35,690
- Debts after one year -€9,937
down €9,937 (-8.6%), from €116,136 to €106,200
- Gross operating margin +€5,557
up €5,557 (+88.2%), from -€6,303 to -€746
- Other operating charges -€865
down €865 (-65.0%), from €1,330 to €465
- Financial charges -€146
down €146 (-7.2%), from €2,027 to €1,882
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 | €288,869 | €266,646 | -€22,223 | -7.7% |
| Fixed assets | 21/28 | €210,771 | €202,831 | -€7,940 | -3.8% |
| Intangible fixed assets | 21 | €7,418 | €7,149 | -€269 | -3.6% |
| Tangible fixed assets | 22/27 | €202,353 | €194,682 | -€7,671 | -3.8% |
| Land and buildings | 22 | €197,644 | €191,198 | -€6,446 | -3.3% |
| Plant, machinery and equipment | 23 | €3,836 | €3,292 | -€544 | -14.2% |
| Furniture and vehicles | 24 | €873 | €192 | -€681 | -78.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €78,098 | €63,815 | -€14,283 | -18.3% |
| Amounts receivable within one year | 40/41 | €5,743 | €5,352 | -€391 | -6.8% |
| Trade receivables | 40 | €663 | - | -€663 | |
| Other amounts receivable | 41 | €5,080 | €5,352 | +€272 | +5.3% |
| Cash at bank and in hand | 54/58 | €72,237 | €58,463 | -€13,773 | -19.1% |
| Deferred charges and accrued income | 490/1 | €119 | - | -€119 | |
| Total equity and liabilities | 10/49 | €288,869 | €266,646 | -€22,223 | -7.7% |
| Equity | 10/15 | €161,271 | €150,510 | -€10,761 | -6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €180,000 | €180,000 | = | 0.0% |
| Distributable reserves | 133 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,929 | -€35,690 | -€10,761 | -43.2% |
| Amounts payable | 17/49 | €127,598 | €116,136 | -€11,461 | -9.0% |
| Amounts payable after more than one year | 17 | €116,136 | €106,200 | -€9,937 | -8.6% |
| Financial debts | 170/4 | €116,136 | €106,200 | -€9,937 | -8.6% |
| Amounts payable within one year | 42/48 | €11,461 | €9,937 | -€1,525 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €9,789 | €9,937 | +€148 | +1.5% |
| Trade debts | 44 | €1,541 | - | -€1,541 | |
| Suppliers | 440/4 | €1,541 | - | -€1,541 | |
| Taxes, remuneration and social security | 45 | €132 | - | -€132 | |
| Taxes | 450/3 | €132 | - | -€132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,974 | €7,940 | -€34 | -0.4% |
| Other operating charges | 640/8 | €1,330 | €465 | -€865 | -65.0% |
| Gross operating margin | 9900 | -€6,303 | -€746 | +€5,557 | +88.2% |
| Operating profit (loss) | 9901 | -€15,607 | -€9,151 | +€6,456 | +41.4% |
| Financial income | 75/76B | €276 | €272 | -€4 | -1.5% |
| Recurring financial income | 75 | €276 | €272 | -€4 | -1.5% |
| Financial charges | 65/66B | €2,027 | €1,882 | -€146 | -7.2% |
| Recurring financial charges | 65 | €2,027 | €1,882 | -€146 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,359 | -€10,761 | +€6,597 | +38.0% |
| Profit (loss) for the period | 9904 | -€17,359 | -€10,761 | +€6,597 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,359 | -€10,761 | +€6,597 | +38.0% |
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 30 September 2026 via checked.be.