CONFIDERIC: 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.
CONFIDERIC
Largest movements
- Receivables after one year -€353,975
no longer reported in 2025 (was €353,975)
- Cash +€327,736
up €327,736 (+1069.5%), from €30,644 to €358,379
mainly Receivables after one year (+€353,975) and Net result for the year (+€184,914)
- Current investments -€76,939
down €76,939 (-66.0%), from €116,648 to €39,708
- Deferred charges and accrued income -€15,381
no longer reported in 2025 (was €15,381)
- Receivables within one year +€11,639
up €11,639 (+30.3%), from €38,423 to €50,061
of which Trade receivables: +€21,256
- Reserves -€165,086
down €165,086 (-28.7%), from €575,865 to €410,779
- Other debts +€25,796
new in 2025: €25,796
- Tax, wage and social debts +€25,609
up €25,609 (+378.8%), from €6,761 to €32,370
- Short-term financial debts +€7,574
new in 2025: €7,574
- Gross operating margin +€145,208
up €145,208 (+231.5%), from €62,729 to €207,937
- Taxes +€33,070
up €33,070 (+200.3%), from €16,509 to €49,579
- Financial income +€18,027
up €18,027 (+106.6%), from €16,915 to €34,942
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 | €603,058 | €501,177 | -€101,881 | -16.9% |
| Fixed assets | 21/28 | €47,989 | €53,028 | +€5,040 | +10.5% |
| Tangible fixed assets | 22/27 | €47,989 | €53,028 | +€5,040 | +10.5% |
| Land and buildings | 22 | €25,254 | €24,304 | -€950 | -3.8% |
| Plant, machinery and equipment | 23 | €2,417 | €1,970 | -€447 | -18.5% |
| Furniture and vehicles | 24 | €476 | - | -€476 | |
| Other tangible fixed assets | 26 | €19,842 | €26,754 | +€6,912 | +34.8% |
| Current assets | 29/58 | €555,070 | €448,149 | -€106,921 | -19.3% |
| Amounts receivable after more than one year | 29 | €353,975 | - | -€353,975 | |
| Other amounts receivable | 291 | €353,975 | - | -€353,975 | |
| Amounts receivable within one year | 40/41 | €38,423 | €50,061 | +€11,639 | +30.3% |
| Trade receivables | 40 | €18,942 | €40,197 | +€21,256 | +112.2% |
| Other amounts receivable | 41 | €19,481 | €9,864 | -€9,617 | -49.4% |
| Current investments | 50/53 | €116,648 | €39,708 | -€76,939 | -66.0% |
| Cash at bank and in hand | 54/58 | €30,644 | €358,379 | +€327,736 | +1069.5% |
| Deferred charges and accrued income | 490/1 | €15,381 | - | -€15,381 | |
| Total equity and liabilities | 10/49 | €603,058 | €501,177 | -€101,881 | -16.9% |
| Equity | 10/15 | €594,465 | €429,379 | -€165,086 | -27.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €575,865 | €410,779 | -€165,086 | -28.7% |
| Distributable reserves | 133 | €575,865 | €410,779 | -€165,086 | -28.7% |
| Amounts payable | 17/49 | €8,593 | €71,798 | +€63,205 | +735.6% |
| Amounts payable within one year | 42/48 | €8,593 | €71,424 | +€62,831 | +731.2% |
| Financial debts | 43 | - | €7,574 | +€7,574 | |
| Credit institutions | 430/8 | - | €7,574 | +€7,574 | |
| Trade debts | 44 | €1,831 | €5,684 | +€3,852 | +210.3% |
| Suppliers | 440/4 | €1,831 | €5,684 | +€3,852 | +210.3% |
| Taxes, remuneration and social security | 45 | €6,761 | €32,370 | +€25,609 | +378.8% |
| Taxes | 450/3 | €6,761 | €32,370 | +€25,609 | +378.8% |
| Other amounts payable | 47/48 | - | €25,796 | +€25,796 | |
| Accrued charges and deferred income | 492/3 | - | €374 | +€374 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,308 | €5,460 | +€152 | +2.9% |
| Other operating charges | 640/8 | €719 | €993 | +€274 | +38.1% |
| Gross operating margin | 9900 | €62,729 | €207,937 | +€145,208 | +231.5% |
| Operating profit (loss) | 9901 | €56,702 | €201,483 | +€144,782 | +255.3% |
| Financial income | 75/76B | €16,915 | €34,942 | +€18,027 | +106.6% |
| Recurring financial income | 75 | €16,915 | €34,942 | +€18,027 | +106.6% |
| Financial charges | 65/66B | €2,599 | €1,933 | -€666 | -25.6% |
| Recurring financial charges | 65 | €2,599 | €1,933 | -€666 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €71,018 | €234,493 | +€163,475 | +230.2% |
| Income taxes | 67/77 | €16,509 | €49,579 | +€33,070 | +200.3% |
| Profit (loss) for the period | 9904 | €54,508 | €184,914 | +€130,406 | +239.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,508 | €184,914 | +€130,406 | +239.2% |
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 7 October 2026 via checked.be.