Confidacc: 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.
Confidacc
Largest movements
- Cash +€56,732
up €56,732 (+140%), from €40,563 to €97,296
mainly Net result for the year (+€74,842) and Other debts (+€66,918)
- Receivables within one year +€50,283
up €50,283 (+44.6%), from €112,751 to €163,034
of which Trade receivables: +€61,765
- Tangible fixed assets -€27,073
down €27,073 (-5.6%), from €482,904 to €455,831
of which Land and buildings: -€16,053
- Current investments -€20,000
down €20,000 (-40.0%), from €50,000 to €30,000
- Other debts +€66,918
up €66,918 (+68.9%), from €97,084 to €164,002
- Debts after one year -€17,679
down €17,679 (-6.0%), from €292,910 to €275,231
- Trade debts +€15,975
up €15,975 (+97.3%), from €16,418 to €32,393
- Gross operating margin -€36,095
down €36,095 (-16.6%), from €216,911 to €180,815
- Taxes +€16,726
up €16,726 (+386%), from €4,335 to €21,062
- Write-downs -€2,833
no longer reported in 2025 (was €2,833)
- Financial charges +€2,379
up €2,379 (+16.7%), from €14,219 to €16,598
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 | €687,941 | €748,656 | +€60,715 | +8.8% |
| Fixed assets | 21/28 | €482,904 | €455,831 | -€27,073 | -5.6% |
| Tangible fixed assets | 22/27 | €482,904 | €455,831 | -€27,073 | -5.6% |
| Land and buildings | 22 | €305,895 | €289,842 | -€16,053 | -5.2% |
| Plant, machinery and equipment | 23 | - | €3,094 | +€3,094 | |
| Furniture and vehicles | 24 | €7,756 | €3,050 | -€4,705 | -60.7% |
| Other tangible fixed assets | 26 | €169,253 | €159,844 | -€9,409 | -5.6% |
| Current assets | 29/58 | €205,037 | €292,825 | +€87,788 | +42.8% |
| Amounts receivable within one year | 40/41 | €112,751 | €163,034 | +€50,283 | +44.6% |
| Trade receivables | 40 | €100,565 | €162,330 | +€61,765 | +61.4% |
| Other amounts receivable | 41 | €12,187 | €704 | -€11,482 | -94.2% |
| Current investments | 50/53 | €50,000 | €30,000 | -€20,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €40,563 | €97,296 | +€56,732 | +140% |
| Deferred charges and accrued income | 490/1 | €1,723 | €2,496 | +€773 | +44.9% |
| Total equity and liabilities | 10/49 | €687,941 | €748,656 | +€60,715 | +8.8% |
| Equity | 10/15 | €219,561 | €220,153 | +€592 | +0.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €199,561 | €200,153 | +€592 | +0.3% |
| Tax-exempt reserves | 132 | - | €42,100 | +€42,100 | |
| Distributable reserves | 133 | €199,561 | €158,053 | -€41,508 | -20.8% |
| Amounts payable | 17/49 | €468,380 | €528,503 | +€60,123 | +12.8% |
| Amounts payable after more than one year | 17 | €292,910 | €275,231 | -€17,679 | -6.0% |
| Financial debts | 170/4 | €292,910 | €275,231 | -€17,679 | -6.0% |
| Amounts payable within one year | 42/48 | €173,106 | €250,909 | +€77,802 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €17,030 | €17,679 | +€650 | +3.8% |
| Trade debts | 44 | €16,418 | €32,393 | +€15,975 | +97.3% |
| Suppliers | 440/4 | €16,418 | €32,393 | +€15,975 | +97.3% |
| Taxes, remuneration and social security | 45 | €42,575 | €36,834 | -€5,740 | -13.5% |
| Taxes | 450/3 | €37,325 | €29,401 | -€7,924 | -21.2% |
| Remuneration and social security | 454/9 | €5,249 | €7,433 | +€2,184 | +41.6% |
| Other amounts payable | 47/48 | €97,084 | €164,002 | +€66,918 | +68.9% |
| Accrued charges and deferred income | 492/3 | €2,363 | €2,363 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €35,138 | €35,346 | +€207 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,544 | €30,495 | -€2,049 | -6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,833 | - | -€2,833 | |
| Other operating charges | 640/8 | €2,298 | €4,044 | +€1,745 | +75.9% |
| Non-recurring operating charges | 66A | €95,836 | - | -€95,836 | |
| Gross operating margin | 9900 | €216,911 | €180,815 | -€36,095 | -16.6% |
| Operating profit (loss) | 9901 | €48,261 | €110,932 | +€62,671 | +130% |
| Financial income | 75/76B | €76 | €1,570 | +€1,495 | +1,979% |
| Recurring financial income | 75 | €76 | €1,570 | +€1,495 | +1,979% |
| Financial charges | 65/66B | €14,219 | €16,598 | +€2,379 | +16.7% |
| Recurring financial charges | 65 | €14,219 | €16,598 | +€2,379 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €34,117 | €95,904 | +€61,787 | +181% |
| Income taxes | 67/77 | €4,335 | €21,062 | +€16,726 | +386% |
| Profit (loss) for the period | 9904 | €29,782 | €74,842 | +€45,060 | +151% |
| Transfer to tax-exempt reserves | 689 | - | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,782 | €32,742 | +€2,960 | +9.9% |
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 13 October 2026 via checked.be.