CONFIDAS: 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.
CONFIDAS
Largest movements
- Cash +€448,177
up €448,177 (+122%), from €367,008 to €815,185
mainly Net result for the year (+€463,618) and Depreciation (+€116,220)
- Receivables within one year -€77,915
down €77,915 (-16.3%), from €478,259 to €400,344
of which Other amounts receivable: -€54,388
- Stocks and contracts -€67,078
down €67,078 (-23.2%), from €289,223 to €222,145
- Profit (loss) carried forward +€446,710
up €446,710 (+79.1%), from €564,988 to €1.0m
- Debts after one year -€74,498
down €74,498 (-37.6%), from €197,918 to €123,420
- Trade debts -€24,969
down €24,969 (-18.3%), from €136,764 to €111,795
- Tax, wage and social debts -€22,773
down €22,773 (-10.3%), from €220,978 to €198,205
of which Remuneration and social security: -€67,128
- Gross operating margin +€306,703
up €306,703 (+19.0%), from €1.6m to €1.9m
- Staff costs +€155,077
up €155,077 (+15.3%), from €1.0m to €1.2m
- Taxes +€55,718
up €55,718 (+54.2%), from €102,891 to €158,609
- Financial charges -€21,825
down €21,825 (-64.9%), from €33,617 to €11,792
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 | €1,873,605 | €2,195,558 | +€321,953 | +17.2% |
| Fixed assets | 21/28 | €736,186 | €733,126 | -€3,060 | -0.4% |
| Intangible fixed assets | 21 | €1,341 | - | -€1,341 | |
| Tangible fixed assets | 22/27 | €732,403 | €730,683 | -€1,719 | -0.2% |
| Plant, machinery and equipment | 23 | €680,445 | €692,572 | +€12,127 | +1.8% |
| Furniture and vehicles | 24 | €30,265 | €18,694 | -€11,571 | -38.2% |
| Other tangible fixed assets | 26 | €21,694 | €19,418 | -€2,276 | -10.5% |
| Financial fixed assets | 28 | €2,442 | €2,442 | = | 0.0% |
| Current assets | 29/58 | €1,137,419 | €1,462,433 | +€325,014 | +28.6% |
| Stocks and contracts in progress | 3 | €289,223 | €222,145 | -€67,078 | -23.2% |
| Stocks | 30/36 | €289,223 | €222,145 | -€67,078 | -23.2% |
| Amounts receivable within one year | 40/41 | €478,259 | €400,344 | -€77,915 | -16.3% |
| Trade receivables | 40 | €363,753 | €340,226 | -€23,527 | -6.5% |
| Other amounts receivable | 41 | €114,506 | €60,118 | -€54,388 | -47.5% |
| Current investments | 50/53 | €4 | €4 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €367,008 | €815,185 | +€448,177 | +122% |
| Deferred charges and accrued income | 490/1 | €2,926 | €24,755 | +€21,829 | +746% |
| Total equity and liabilities | 10/49 | €1,873,605 | €2,195,558 | +€321,953 | +17.2% |
| Equity | 10/15 | €1,222,276 | €1,685,894 | +€463,618 | +37.9% |
| Contributions | 10/11 | €585,527 | €585,527 | = | 0.0% |
| Capital | 10 | €585,527 | €585,527 | = | 0.0% |
| Issued capital | 100 | €585,527 | €585,527 | = | 0.0% |
| Reserves | 13 | €71,760 | €88,669 | +€16,908 | +23.6% |
| Non-distributable reserves | 130/1 | €41,644 | €58,553 | +€16,908 | +40.6% |
| Legal reserve | 130 | €41,644 | €58,553 | +€16,908 | +40.6% |
| Tax-exempt reserves | 132 | €842 | €842 | = | 0.0% |
| Distributable reserves | 133 | €29,275 | €29,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €564,988 | €1,011,698 | +€446,710 | +79.1% |
| Amounts payable | 17/49 | €651,329 | €509,664 | -€141,665 | -21.8% |
| Amounts payable after more than one year | 17 | €197,918 | €123,420 | -€74,498 | -37.6% |
| Financial debts | 170/4 | €197,918 | €123,420 | -€74,498 | -37.6% |
| Amounts payable within one year | 42/48 | €437,903 | €385,093 | -€52,810 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €79,565 | €74,498 | -€5,067 | -6.4% |
| Trade debts | 44 | €136,764 | €111,795 | -€24,969 | -18.3% |
| Suppliers | 440/4 | €136,764 | €111,795 | -€24,969 | -18.3% |
| Taxes, remuneration and social security | 45 | €220,978 | €198,205 | -€22,773 | -10.3% |
| Taxes | 450/3 | €27,849 | €72,204 | +€44,355 | +159% |
| Remuneration and social security | 454/9 | €193,129 | €126,002 | -€67,128 | -34.8% |
| Other amounts payable | 47/48 | €595 | €595 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €15,508 | €1,151 | -€14,357 | -92.6% |
| Remuneration, social security and pensions | 62 | €1,012,602 | €1,167,679 | +€155,077 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,400 | €116,220 | +€12,820 | +12.4% |
| Other operating charges | 640/8 | €22,313 | €4,448 | -€17,865 | -80.1% |
| Gross operating margin | 9900 | €1,615,520 | €1,922,223 | +€306,703 | +19.0% |
| Operating profit (loss) | 9901 | €477,204 | €633,875 | +€156,671 | +32.8% |
| Financial income | 75/76B | €53 | €144 | +€91 | +172% |
| Recurring financial income | 75 | €53 | €144 | +€91 | +172% |
| Financial charges | 65/66B | €33,617 | €11,792 | -€21,825 | -64.9% |
| Recurring financial charges | 65 | €33,617 | €11,792 | -€21,825 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | €443,640 | €622,227 | +€178,587 | +40.3% |
| Income taxes | 67/77 | €102,891 | €158,609 | +€55,718 | +54.2% |
| Profit (loss) for the period | 9904 | €340,749 | €463,618 | +€122,869 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €340,749 | €463,618 | +€122,869 | +36.1% |
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.