CONFInANCES: 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.
CONFInANCES
Largest movements
- Cash -€27,938
down €27,938 (-72.1%), from €38,771 to €10,833
mainly Debts after one year (-€368,193) and Investment in fixed assets (net) (-€27,201)
- Tangible fixed assets -€26,583
down €26,583 (-2.4%), from €1.1m to €1.1m
of which Land and buildings: -€39,078
- Receivables within one year -€26,487
down €26,487 (-32.9%), from €80,446 to €53,959
of which Other amounts receivable: -€17,550
- Debts after one year -€368,193
down €368,193 (-51.2%), from €719,539 to €351,346
- Current portion of long-term debt +€330,813
up €330,813 (+885.0%), from €37,380 to €368,193
- Tax, wage and social debts -€17,253
down €17,253 (-69.2%), from €24,949 to €7,696
- Depreciation +€28,650
up €28,650 (+114.0%), from €25,134 to €53,784
- Financial charges +€18,844
up €18,844 (+189.3%), from €9,953 to €28,797
- Taxes -€17,143
down €17,143 (-88.6%), from €19,346 to €2,203
- Gross operating margin -€12,258
down €12,258 (-11.6%), from €105,891 to €93,633
- Other operating charges +€2,308
up €2,308 (+62.4%), from €3,698 to €6,006
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,282,639 | €1,214,821 | -€67,818 | -5.3% |
| Fixed assets | 21/28 | €1,106,082 | €1,079,499 | -€26,583 | -2.4% |
| Tangible fixed assets | 22/27 | €1,106,082 | €1,079,499 | -€26,583 | -2.4% |
| Land and buildings | 22 | €1,072,114 | €1,033,036 | -€39,078 | -3.6% |
| Plant, machinery and equipment | 23 | €10,428 | €11,197 | +€769 | +7.4% |
| Furniture and vehicles | 24 | €23,541 | €35,267 | +€11,726 | +49.8% |
| Current assets | 29/58 | €176,557 | €135,322 | -€41,235 | -23.4% |
| Amounts receivable within one year | 40/41 | €80,446 | €53,959 | -€26,487 | -32.9% |
| Trade receivables | 40 | €49,111 | €40,174 | -€8,937 | -18.2% |
| Other amounts receivable | 41 | €31,336 | €13,786 | -€17,550 | -56.0% |
| Current investments | 50/53 | €57,340 | €69,543 | +€12,203 | +21.3% |
| Cash at bank and in hand | 54/58 | €38,771 | €10,833 | -€27,938 | -72.1% |
| Deferred charges and accrued income | 490/1 | - | €987 | +€987 | |
| Total equity and liabilities | 10/49 | €1,282,639 | €1,214,821 | -€67,818 | -5.3% |
| Equity | 10/15 | €471,758 | €474,806 | +€3,047 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €438,714 | €438,714 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €436,854 | €436,854 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,445 | €17,492 | +€3,047 | +21.1% |
| Amounts payable | 17/49 | €810,881 | €740,015 | -€70,865 | -8.7% |
| Amounts payable after more than one year | 17 | €719,539 | €351,346 | -€368,193 | -51.2% |
| Financial debts | 170/4 | €719,539 | €351,346 | -€368,193 | -51.2% |
| Amounts payable within one year | 42/48 | €89,841 | €388,669 | +€298,828 | +332.6% |
| Current portion of amounts payable after more than one year | 42 | €37,380 | €368,193 | +€330,813 | +885.0% |
| Trade debts | 44 | €5,661 | €1,470 | -€4,191 | -74.0% |
| Suppliers | 440/4 | €5,661 | €1,470 | -€4,191 | -74.0% |
| Taxes, remuneration and social security | 45 | €24,949 | €7,696 | -€17,253 | -69.2% |
| Taxes | 450/3 | €24,949 | €7,696 | -€17,253 | -69.2% |
| Other amounts payable | 47/48 | €21,851 | €11,310 | -€10,541 | -48.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,134 | €53,784 | +€28,650 | +114.0% |
| Other operating charges | 640/8 | €3,698 | €6,006 | +€2,308 | +62.4% |
| Gross operating margin | 9900 | €105,891 | €93,633 | -€12,258 | -11.6% |
| Operating profit (loss) | 9901 | €77,059 | €33,843 | -€43,216 | -56.1% |
| Financial income | 75/76B | €1,175 | €204 | -€971 | -82.7% |
| Recurring financial income | 75 | €1,175 | €204 | -€971 | -82.7% |
| Financial charges | 65/66B | €9,953 | €28,797 | +€18,844 | +189.3% |
| Recurring financial charges | 65 | €9,953 | €28,797 | +€18,844 | +189.3% |
| Profit (loss) for the period before taxes | 9903 | €68,282 | €5,250 | -€63,032 | -92.3% |
| Income taxes | 67/77 | €19,346 | €2,203 | -€17,143 | -88.6% |
| Profit (loss) for the period | 9904 | €48,936 | €3,047 | -€45,889 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,936 | €3,047 | -€45,889 | -93.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.