CONFIDEO: 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.
CONFIDEO
Largest movements
- Financial fixed assets -€580,879
down €580,879 (-8.7%), from €6.7m to €6.1m
- Other debts -€539,218
down €539,218 (-14.2%), from €3.8m to €3.3m
- Debts after one year -€352,404
down €352,404 (-18.0%), from €2.0m to €1.6m
- Reserves +€233,074
up €233,074 (+31.3%), from €743,729 to €976,803
of which Distributable reserves: +€233,074
- Current portion of long-term debt +€84,911
up €84,911 (+37.3%), from €227,901 to €312,811
- Financial income +€501,199
up €501,199 (+8,918,125%), from €6 to €501,204
- Gross operating margin -€13,319
down €13,319 (-14.8%), from €89,742 to €76,423
- Financial charges -€8,124
down €8,124 (-10.3%), from €79,087 to €70,962
- Taxes -€3,118
down €3,118 (-100.0%), from €3,119 to €1
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 | €6,755,992 | €6,177,732 | -€578,260 | -8.6% |
| Fixed assets | 21/28 | €6,688,055 | €6,109,078 | -€578,977 | -8.7% |
| Tangible fixed assets | 22/27 | €7,817 | €9,719 | +€1,902 | +24.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €7,817 | €9,719 | +€1,902 | +24.3% |
| Financial fixed assets | 28 | €6,680,238 | €6,099,359 | -€580,879 | -8.7% |
| Current assets | 29/58 | €67,937 | €68,654 | +€717 | +1.1% |
| Amounts receivable within one year | 40/41 | €13,000 | €13,000 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €13,000 | €13,000 | = | 0.0% |
| Current investments | 50/53 | €27,458 | €27,458 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,090 | €26,806 | +€716 | +2.7% |
| Deferred charges and accrued income | 490/1 | €1,390 | €1,391 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €6,755,992 | €6,177,732 | -€578,260 | -8.6% |
| Equity | 10/15 | €762,429 | €995,503 | +€233,074 | +30.6% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €743,729 | €976,803 | +€233,074 | +31.3% |
| Tax-exempt reserves | 132 | €5,136 | €5,136 | = | 0.0% |
| Distributable reserves | 133 | €738,593 | €971,667 | +€233,074 | +31.6% |
| Amounts payable | 17/49 | €5,993,564 | €5,182,230 | -€811,334 | -13.5% |
| Amounts payable after more than one year | 17 | €1,956,189 | €1,603,785 | -€352,404 | -18.0% |
| Financial debts | 170/4 | €1,956,189 | €1,603,785 | -€352,404 | -18.0% |
| Amounts payable within one year | 42/48 | €4,037,375 | €3,578,445 | -€458,930 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €227,901 | €312,811 | +€84,911 | +37.3% |
| Trade debts | 44 | €1,510 | €429 | -€1,081 | -71.6% |
| Suppliers | 440/4 | €1,510 | €429 | -€1,081 | -71.6% |
| Taxes, remuneration and social security | 45 | €8,159 | €4,618 | -€3,542 | -43.4% |
| Taxes | 450/3 | €8,159 | €4,618 | -€3,542 | -43.4% |
| Other amounts payable | 47/48 | €3,799,804 | €3,260,587 | -€539,218 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €218 | +€218 | |
| Other operating charges | 640/8 | €5,158 | €5,318 | +€160 | +3.1% |
| Non-recurring operating charges | 66A | - | €268,053 | +€268,053 | |
| Gross operating margin | 9900 | €89,742 | €76,423 | -€13,319 | -14.8% |
| Operating profit (loss) | 9901 | €84,584 | -€197,166 | -€281,750 | |
| Financial income | 75/76B | €6 | €501,204 | +€501,199 | +8,918,125% |
| Recurring financial income | 75 | €6 | €501,204 | +€501,199 | +8,918,125% |
| Financial charges | 65/66B | €79,087 | €70,962 | -€8,124 | -10.3% |
| Recurring financial charges | 65 | €79,087 | €70,962 | -€8,124 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €5,503 | €233,075 | +€227,573 | +4,136% |
| Income taxes | 67/77 | €3,119 | €1 | -€3,118 | -100.0% |
| Profit (loss) for the period | 9904 | €2,383 | €233,074 | +€230,691 | +9,679% |
| Profit (loss) for the period to be appropriated | 9905 | €2,383 | €233,074 | +€230,691 | +9,679% |
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 19 October 2026 via checked.be.