Confini: 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.
Confini
Largest movements
- Cash -€64,939
down €64,939 (-41.7%), from €155,769 to €90,830
mainly Contributions, distributions and other (-€301,295) and Tax, wage and social debts (-€43,026)
- Tangible fixed assets -€17,612
down €17,612 (-5.9%), from €298,891 to €281,279
of which Furniture and vehicles: -€18,630
- Receivables within one year -€6,262
down €6,262 (-14.2%), from €44,174 to €37,912
of which Other amounts receivable: -€18,824
- Reserves -€212,208
no longer reported in 2025 (was €212,208)
- Other debts +€188,913
up €188,913 (+163.7%), from €115,377 to €304,290
- Tax, wage and social debts -€43,026
down €43,026 (-51.3%), from €83,815 to €40,790
of which Remuneration and social security: -€45,029
- Debts after one year -€20,738
down €20,738 (-45.6%), from €45,456 to €24,717
of which Financial debts: -€20,828
- Gross operating margin +€22,643
up €22,643 (+16.0%), from €141,378 to €164,020
- Write-downs +€6,300
up €6,300 (+210.0%), from €3,000 to €9,300
- Financial charges -€6,098
down €6,098 (-79.0%), from €7,716 to €1,617
- Taxes +€4,765
up €4,765 (+24.3%), from €19,642 to €24,407
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 | €498,835 | €410,021 | -€88,814 | -17.8% |
| Fixed assets | 21/28 | €298,891 | €281,279 | -€17,612 | -5.9% |
| Tangible fixed assets | 22/27 | €298,891 | €281,279 | -€17,612 | -5.9% |
| Land and buildings | 22 | €217,172 | €205,199 | -€11,973 | -5.5% |
| Plant, machinery and equipment | 23 | €1,277 | €7,700 | +€6,423 | +503.1% |
| Furniture and vehicles | 24 | €61,402 | €42,772 | -€18,630 | -30.3% |
| Other tangible fixed assets | 26 | €19,041 | €25,608 | +€6,567 | +34.5% |
| Current assets | 29/58 | €199,944 | €128,742 | -€71,201 | -35.6% |
| Amounts receivable within one year | 40/41 | €44,174 | €37,912 | -€6,262 | -14.2% |
| Trade receivables | 40 | €23,257 | €35,819 | +€12,562 | +54.0% |
| Other amounts receivable | 41 | €20,917 | €2,093 | -€18,824 | -90.0% |
| Cash at bank and in hand | 54/58 | €155,769 | €90,830 | -€64,939 | -41.7% |
| Total equity and liabilities | 10/49 | €498,835 | €410,021 | -€88,814 | -17.8% |
| Equity | 10/15 | €230,808 | €18,600 | -€212,208 | -91.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,208 | - | -€212,208 | |
| Distributable reserves | 133 | €212,208 | - | -€212,208 | |
| Amounts payable | 17/49 | €268,027 | €391,421 | +€123,394 | +46.0% |
| Amounts payable after more than one year | 17 | €45,456 | €24,717 | -€20,738 | -45.6% |
| Financial debts | 170/4 | €45,456 | €24,627 | -€20,828 | -45.8% |
| Other amounts payable | 178/9 | - | €90 | +€90 | |
| Amounts payable within one year | 42/48 | €222,572 | €366,704 | +€144,132 | +64.8% |
| Current portion of amounts payable after more than one year | 42 | €20,572 | €20,828 | +€256 | +1.2% |
| Trade debts | 44 | €2,807 | €796 | -€2,011 | -71.6% |
| Suppliers | 440/4 | €2,807 | €796 | -€2,011 | -71.6% |
| Taxes, remuneration and social security | 45 | €83,815 | €40,790 | -€43,026 | -51.3% |
| Taxes | 450/3 | €9,593 | €11,596 | +€2,003 | +20.9% |
| Remuneration and social security | 454/9 | €74,222 | €29,194 | -€45,029 | -60.7% |
| Other amounts payable | 47/48 | €115,377 | €304,290 | +€188,913 | +163.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,667 | €34,809 | +€1,142 | +3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,000 | €9,300 | +€6,300 | +210.0% |
| Other operating charges | 640/8 | €3,911 | €5,097 | +€1,185 | +30.3% |
| Gross operating margin | 9900 | €141,378 | €164,020 | +€22,643 | +16.0% |
| Operating profit (loss) | 9901 | €100,799 | €114,814 | +€14,015 | +13.9% |
| Financial income | 75/76B | €831 | €297 | -€534 | -64.3% |
| Recurring financial income | 75 | €831 | €297 | -€534 | -64.3% |
| Financial charges | 65/66B | €7,716 | €1,617 | -€6,098 | -79.0% |
| Recurring financial charges | 65 | €7,716 | €1,617 | -€6,098 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | €93,914 | €113,493 | +€19,579 | +20.8% |
| Income taxes | 67/77 | €19,642 | €24,407 | +€4,765 | +24.3% |
| Profit (loss) for the period | 9904 | €74,272 | €89,087 | +€14,815 | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,272 | €89,087 | +€14,815 | +19.9% |
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 12 October 2026 via checked.be.