CONFIDEA: 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.
CONFIDEA
Largest movements
- Current investments +€75,000
up €75,000 (+150.0%), from €50,000 to €125,000
- Tangible fixed assets -€9,768
down €9,768 (-33.1%), from €29,475 to €19,706
of which Leasing and similar rights: -€11,240
- Receivables within one year +€8,574
up €8,574 (+68.4%), from €12,529 to €21,103
of which Other amounts receivable: +€5,004
- Cash -€7,917
down €7,917 (-12.7%), from €62,256 to €54,339
mainly Contributions, distributions and other (-€83,000) and Current investments (-€75,000)
- Other debts +€75,795
up €75,795 (+612.0%), from €12,386 to €88,180
- Debts after one year -€11,085
down €11,085 (-62.8%), from €17,647 to €6,562
- Gross operating margin +€53,645
up €53,645 (+80.5%), from €66,672 to €120,318
- Taxes +€6,478
up €6,478 (+41.3%), from €15,681 to €22,159
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 | €154,723 | €220,646 | +€65,922 | +42.6% |
| Fixed assets | 21/28 | €29,475 | €19,706 | -€9,768 | -33.1% |
| Tangible fixed assets | 22/27 | €29,475 | €19,706 | -€9,768 | -33.1% |
| Furniture and vehicles | 24 | €2,208 | €1,156 | -€1,052 | -47.7% |
| Leasing and similar rights | 25 | €26,452 | €15,212 | -€11,240 | -42.5% |
| Other tangible fixed assets | 26 | €814 | €3,338 | +€2,524 | +309.9% |
| Current assets | 29/58 | €125,249 | €200,939 | +€75,690 | +60.4% |
| Amounts receivable within one year | 40/41 | €12,529 | €21,103 | +€8,574 | +68.4% |
| Trade receivables | 40 | €12,170 | €15,740 | +€3,570 | +29.3% |
| Other amounts receivable | 41 | €359 | €5,364 | +€5,004 | +1392.1% |
| Current investments | 50/53 | €50,000 | €125,000 | +€75,000 | +150.0% |
| Cash at bank and in hand | 54/58 | €62,256 | €54,339 | -€7,917 | -12.7% |
| Deferred charges and accrued income | 490/1 | €464 | €497 | +€33 | +7.2% |
| Total equity and liabilities | 10/49 | €154,723 | €220,646 | +€65,922 | +42.6% |
| Equity | 10/15 | €105,025 | €105,689 | +€664 | +0.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €102,400 | €102,400 | = | 0.0% |
| Distributable reserves | 133 | €102,400 | €102,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125 | €789 | +€664 | +532.5% |
| Amounts payable | 17/49 | €49,699 | €114,956 | +€65,258 | +131.3% |
| Amounts payable after more than one year | 17 | €17,647 | €6,562 | -€11,085 | -62.8% |
| Financial debts | 170/4 | €17,647 | €6,562 | -€11,085 | -62.8% |
| Amounts payable within one year | 42/48 | €31,294 | €108,057 | +€76,764 | +245.3% |
| Current portion of amounts payable after more than one year | 42 | €10,836 | €11,085 | +€250 | +2.3% |
| Trade debts | 44 | €335 | €492 | +€157 | +46.9% |
| Suppliers | 440/4 | €335 | €492 | +€157 | +46.9% |
| Taxes, remuneration and social security | 45 | €7,737 | €8,299 | +€562 | +7.3% |
| Taxes | 450/3 | €7,737 | €8,299 | +€562 | +7.3% |
| Other amounts payable | 47/48 | €12,386 | €88,180 | +€75,795 | +612.0% |
| Accrued charges and deferred income | 492/3 | €758 | €337 | -€421 | -55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,689 | €12,832 | +€143 | +1.1% |
| Other operating charges | 640/8 | €1,895 | €2,394 | +€499 | +26.3% |
| Gross operating margin | 9900 | €66,672 | €120,318 | +€53,645 | +80.5% |
| Operating profit (loss) | 9901 | €52,088 | €105,092 | +€53,004 | +101.8% |
| Financial income | 75/76B | €1,879 | €1,748 | -€131 | -6.9% |
| Recurring financial income | 75 | €1,879 | €1,748 | -€131 | -6.9% |
| Financial charges | 65/66B | €1,613 | €1,016 | -€597 | -37.0% |
| Recurring financial charges | 65 | €1,613 | €1,016 | -€597 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €52,354 | €105,824 | +€53,470 | +102.1% |
| Income taxes | 67/77 | €15,681 | €22,159 | +€6,478 | +41.3% |
| Profit (loss) for the period | 9904 | €36,673 | €83,664 | +€46,992 | +128.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,673 | €83,664 | +€46,992 | +128.1% |
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 6 October 2026 via checked.be.