Confindence: 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.
Confindence
Largest movements
- Cash +€151,347
up €151,347 (+5,369%), from €2,819 to €154,166
mainly Other debts (+€180,249) and Current investments (+€150,000)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Reserves -€200,898
no longer reported in 2025 (was €200,898)
- Other debts +€180,249
up €180,249 (+277%), from €64,999 to €245,249
- Tax, wage and social debts +€36,504
up €36,504 (+154%), from €23,640 to €60,144
- Debts after one year -€12,000
down €12,000 (-37.5%), from €32,000 to €20,000
- Gross operating margin +€15,644
up €15,644 (+14.4%), from €108,611 to €124,254
- Taxes +€3,667
up €3,667 (+13.5%), from €27,114 to €30,781
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 | €340,642 | €343,459 | +€2,818 | +0.8% |
| Fixed assets | 21/28 | €169,743 | €172,301 | +€2,558 | +1.5% |
| Tangible fixed assets | 22/27 | €169,743 | €172,301 | +€2,558 | +1.5% |
| Land and buildings | 22 | €169,463 | €166,894 | -€2,569 | -1.5% |
| Plant, machinery and equipment | 23 | €280 | €107 | -€173 | -61.7% |
| Other tangible fixed assets | 26 | - | €5,300 | +€5,300 | |
| Current assets | 29/58 | €170,899 | €171,158 | +€259 | +0.2% |
| Amounts receivable within one year | 40/41 | €16,697 | €16,353 | -€344 | -2.1% |
| Trade receivables | 40 | €15,622 | €16,353 | +€731 | +4.7% |
| Other amounts receivable | 41 | €1,075 | - | -€1,075 | |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €2,819 | €154,166 | +€151,347 | +5,369% |
| Deferred charges and accrued income | 490/1 | €1,383 | €639 | -€744 | -53.8% |
| Total equity and liabilities | 10/49 | €340,642 | €343,459 | +€2,818 | +0.8% |
| Equity | 10/15 | €203,398 | €2,500 | -€200,898 | -98.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €200,898 | - | -€200,898 | |
| Distributable reserves | 133 | €200,898 | - | -€200,898 | |
| Amounts payable | 17/49 | €137,243 | €340,959 | +€203,716 | +148% |
| Amounts payable after more than one year | 17 | €32,000 | €20,000 | -€12,000 | -37.5% |
| Financial debts | 170/4 | €32,000 | €20,000 | -€12,000 | -37.5% |
| Amounts payable within one year | 42/48 | €101,307 | €318,139 | +€216,831 | +214% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €12,000 | = | 0.0% |
| Trade debts | 44 | €669 | €746 | +€78 | +11.6% |
| Suppliers | 440/4 | €669 | €746 | +€78 | +11.6% |
| Taxes, remuneration and social security | 45 | €23,640 | €60,144 | +€36,504 | +154% |
| Taxes | 450/3 | €23,640 | €60,144 | +€36,504 | +154% |
| Other amounts payable | 47/48 | €64,999 | €245,249 | +€180,249 | +277% |
| Accrued charges and deferred income | 492/3 | €3,936 | €2,820 | -€1,116 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,765 | €3,700 | -€65 | -1.7% |
| Other operating charges | 640/8 | €1,553 | €1,772 | +€219 | +14.1% |
| Gross operating margin | 9900 | €108,611 | €124,254 | +€15,644 | +14.4% |
| Operating profit (loss) | 9901 | €103,293 | €118,782 | +€15,489 | +15.0% |
| Financial income | 75/76B | €2,541 | €1,399 | -€1,142 | -44.9% |
| Recurring financial income | 75 | €2,541 | €1,399 | -€1,142 | -44.9% |
| Financial charges | 65/66B | €2,335 | €1,919 | -€416 | -17.8% |
| Recurring financial charges | 65 | €2,335 | €1,919 | -€416 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €103,498 | €118,262 | +€14,764 | +14.3% |
| Income taxes | 67/77 | €27,114 | €30,781 | +€3,667 | +13.5% |
| Profit (loss) for the period | 9904 | €76,384 | €87,481 | +€11,097 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €76,384 | €87,481 | +€11,097 | +14.5% |
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 15 October 2026 via checked.be.