Confidor: 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.
Confidor
Largest movements
- Receivables within one year +€23,184
up €23,184 (+52.0%), from €44,582 to €67,766
of which Trade receivables: +€19,971
- Cash -€1,214
down €1,214 (-68.4%), from €1,776 to €562
mainly Contributions, distributions and other (-€31,500) and Receivables within one year (-€23,184)
- Other debts +€29,983
up €29,983 (+96.9%), from €30,941 to €60,924
- Reserves -€12,308
down €12,308 (-82.9%), from €14,846 to €2,538
- Current portion of long-term debt +€4,802
new in 2025: €4,802
- Tax, wage and social debts -€2,430
down €2,430 (-51.7%), from €4,701 to €2,271
- Accrued charges and deferred income +€1,000
new in 2025: €1,000
- Gross operating margin -€2,838
down €2,838 (-9.2%), from €30,999 to €28,161
- Financial charges -€2,489
down €2,489 (-97.4%), from €2,556 to €67
- Taxes -€699
down €699 (-9.4%), from €7,478 to €6,779
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 | €52,988 | €74,224 | +€21,236 | +40.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €6,286 | €5,562 | -€724 | -11.5% |
| Tangible fixed assets | 22/27 | €6,286 | €5,562 | -€724 | -11.5% |
| Plant, machinery and equipment | 23 | €323 | €160 | -€164 | -50.6% |
| Furniture and vehicles | 24 | €5,962 | €4,237 | -€1,725 | -28.9% |
| Other tangible fixed assets | 26 | - | €1,165 | +€1,165 | |
| Current assets | 29/58 | €46,703 | €68,662 | +€21,959 | +47.0% |
| Amounts receivable within one year | 40/41 | €44,582 | €67,766 | +€23,184 | +52.0% |
| Trade receivables | 40 | €27,574 | €47,545 | +€19,971 | +72.4% |
| Other amounts receivable | 41 | €17,008 | €20,221 | +€3,213 | +18.9% |
| Cash at bank and in hand | 54/58 | €1,776 | €562 | -€1,214 | -68.4% |
| Deferred charges and accrued income | 490/1 | €346 | €335 | -€11 | -3.2% |
| Total equity and liabilities | 10/49 | €52,988 | €74,224 | +€21,236 | +40.1% |
| Equity | 10/15 | €17,346 | €5,038 | -€12,308 | -71.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,846 | €2,538 | -€12,308 | -82.9% |
| Distributable reserves | 133 | €14,846 | €2,538 | -€12,308 | -82.9% |
| Amounts payable | 17/49 | €35,642 | €69,186 | +€33,544 | +94.1% |
| Amounts payable within one year | 42/48 | €35,642 | €68,186 | +€32,544 | +91.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,802 | +€4,802 | |
| Trade debts | 44 | - | €189 | +€189 | |
| Suppliers | 440/4 | - | €189 | +€189 | |
| Taxes, remuneration and social security | 45 | €4,701 | €2,271 | -€2,430 | -51.7% |
| Taxes | 450/3 | €4,701 | €2,271 | -€2,430 | -51.7% |
| Other amounts payable | 47/48 | €30,941 | €60,924 | +€29,983 | +96.9% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €101 | - | -€101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,770 | €1,889 | +€119 | +6.7% |
| Other operating charges | 640/8 | €300 | €236 | -€65 | -21.6% |
| Gross operating margin | 9900 | €30,999 | €28,161 | -€2,838 | -9.2% |
| Operating profit (loss) | 9901 | €28,828 | €26,037 | -€2,791 | -9.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,556 | €67 | -€2,489 | -97.4% |
| Recurring financial charges | 65 | €2,556 | €67 | -€2,489 | -97.4% |
| Profit (loss) for the period before taxes | 9903 | €26,271 | €25,971 | -€300 | -1.1% |
| Income taxes | 67/77 | €7,478 | €6,779 | -€699 | -9.4% |
| Profit (loss) for the period | 9904 | €18,793 | €19,192 | +€399 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,793 | €19,192 | +€399 | +2.1% |
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 7 October 2026 via checked.be.