CONFIDA: 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.
CONFIDA
Largest movements
- Tangible fixed assets -€17,046
down €17,046 (-3.0%), from €571,107 to €554,061
of which Land and buildings: -€15,748
- Receivables within one year +€8,544
up €8,544 (+33.7%), from €25,378 to €33,922
of which Trade receivables: +€5,009
- Cash +€7,356
up €7,356 (+193.1%), from €3,810 to €11,166
mainly Net result for the year (+€42,184) and Depreciation (+€36,210)
- Other debts +€32,633
up €32,633 (+1087.8%), from €3,000 to €35,633
- Current portion of long-term debt -€19,097
no longer reported in 2025 (was €19,097)
- Short-term financial debts -€15,000
down €15,000 (-5.1%), from €295,000 to €280,000
- Trade debts +€7,118
up €7,118 (+33.8%), from €21,049 to €28,168
- Gross operating margin -€25,118
down €25,118 (-11.6%), from €216,333 to €191,215
- Taxes -€7,005
down €7,005 (-24.6%), from €28,470 to €21,466
- Depreciation -€3,245
down €3,245 (-8.2%), from €39,455 to €36,210
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 | €604,537 | €599,854 | -€4,683 | -0.8% |
| Fixed assets | 21/28 | €571,107 | €554,061 | -€17,046 | -3.0% |
| Tangible fixed assets | 22/27 | €571,107 | €554,061 | -€17,046 | -3.0% |
| Land and buildings | 22 | €505,639 | €489,891 | -€15,748 | -3.1% |
| Furniture and vehicles | 24 | €13,565 | €4,773 | -€8,792 | -64.8% |
| Other tangible fixed assets | 26 | €51,904 | €59,397 | +€7,493 | +14.4% |
| Current assets | 29/58 | €33,430 | €45,793 | +€12,363 | +37.0% |
| Amounts receivable within one year | 40/41 | €25,378 | €33,922 | +€8,544 | +33.7% |
| Trade receivables | 40 | €25,378 | €30,388 | +€5,009 | +19.7% |
| Other amounts receivable | 41 | - | €3,534 | +€3,534 | |
| Cash at bank and in hand | 54/58 | €3,810 | €11,166 | +€7,356 | +193.1% |
| Deferred charges and accrued income | 490/1 | €4,242 | €705 | -€3,536 | -83.4% |
| Total equity and liabilities | 10/49 | €604,537 | €599,854 | -€4,683 | -0.8% |
| Equity | 10/15 | €244,347 | €238,699 | -€5,648 | -2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €224,347 | €218,699 | -€5,648 | -2.5% |
| Distributable reserves | 133 | €224,347 | €218,699 | -€5,648 | -2.5% |
| Amounts payable | 17/49 | €360,191 | €361,155 | +€965 | +0.3% |
| Amounts payable within one year | 42/48 | €359,203 | €360,155 | +€953 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €19,097 | - | -€19,097 | |
| Financial debts | 43 | €295,000 | €280,000 | -€15,000 | -5.1% |
| Other loans | 439 | €295,000 | €280,000 | -€15,000 | -5.1% |
| Trade debts | 44 | €21,049 | €28,168 | +€7,118 | +33.8% |
| Suppliers | 440/4 | €21,049 | €28,168 | +€7,118 | +33.8% |
| Taxes, remuneration and social security | 45 | €21,056 | €16,354 | -€4,702 | -22.3% |
| Taxes | 450/3 | €13,706 | €8,703 | -€5,004 | -36.5% |
| Remuneration and social security | 454/9 | €7,349 | €7,652 | +€302 | +4.1% |
| Other amounts payable | 47/48 | €3,000 | €35,633 | +€32,633 | +1087.8% |
| Accrued charges and deferred income | 492/3 | €988 | €1,000 | +€12 | +1.2% |
| Remuneration, social security and pensions | 62 | €74,333 | €75,969 | +€1,636 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,455 | €36,210 | -€3,245 | -8.2% |
| Other operating charges | 640/8 | €3,232 | €3,434 | +€202 | +6.2% |
| Gross operating margin | 9900 | €216,333 | €191,215 | -€25,118 | -11.6% |
| Operating profit (loss) | 9901 | €99,314 | €75,603 | -€23,711 | -23.9% |
| Financial income | 75/76B | €6 | €104 | +€98 | +1596.4% |
| Recurring financial income | 75 | €6 | €104 | +€98 | +1596.4% |
| Financial charges | 65/66B | €13,858 | €12,057 | -€1,800 | -13.0% |
| Recurring financial charges | 65 | €13,858 | €12,057 | -€1,800 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €85,462 | €63,650 | -€21,812 | -25.5% |
| Income taxes | 67/77 | €28,470 | €21,466 | -€7,005 | -24.6% |
| Profit (loss) for the period | 9904 | €56,992 | €42,184 | -€14,807 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,992 | €42,184 | -€14,807 | -26.0% |
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 5 October 2026 via checked.be.