CONFIVER: 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.
CONFIVER
Largest movements
- Current investments -€84,969
down €84,969 (-11.9%), from €712,469 to €627,500
- Tangible fixed assets +€45,746
up €45,746 (+2.0%), from €2.3m to €2.3m
of which Land and buildings: +€47,634
- Other debts -€153,490
down €153,490 (-22.1%), from €693,441 to €539,952
- Profit (loss) carried forward +€108,613
up €108,613 (+17.8%), from -€610,306 to -€501,693
- Reserves -€36,324
down €36,324 (-4.9%), from €746,129 to €709,805
of which Tax-exempt reserves: -€36,324
- Gross operating margin +€29,212
up €29,212 (+12.8%), from €227,819 to €257,031
- Write-downs -€15,743
new in 2025: -€15,743
- Other operating charges +€15,282
up €15,282 (+52.6%), from €29,047 to €44,329
- Financial charges -€12,446
down €12,446 (-13.0%), from €95,741 to €83,295
- Financial income +€9,265
up €9,265 (+33.8%), from €27,411 to €36,676
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 | €3,172,082 | €3,112,147 | -€59,934 | -1.9% |
| Fixed assets | 21/28 | €2,264,066 | €2,309,813 | +€45,746 | +2.0% |
| Tangible fixed assets | 22/27 | €2,264,066 | €2,309,813 | +€45,746 | +2.0% |
| Land and buildings | 22 | €2,258,215 | €2,305,849 | +€47,634 | +2.1% |
| Plant, machinery and equipment | 23 | €5,851 | €3,964 | -€1,888 | -32.3% |
| Current assets | 29/58 | €908,015 | €802,335 | -€105,681 | -11.6% |
| Amounts receivable within one year | 40/41 | €34,919 | €37,504 | +€2,584 | +7.4% |
| Trade receivables | 40 | €27,799 | €29,204 | +€1,404 | +5.1% |
| Other amounts receivable | 41 | €7,120 | €8,300 | +€1,180 | +16.6% |
| Current investments | 50/53 | €712,469 | €627,500 | -€84,969 | -11.9% |
| Cash at bank and in hand | 54/58 | €157,405 | €136,809 | -€20,595 | -13.1% |
| Deferred charges and accrued income | 490/1 | €3,222 | €521 | -€2,701 | -83.8% |
| Total equity and liabilities | 10/49 | €3,172,082 | €3,112,147 | -€59,934 | -1.9% |
| Equity | 10/15 | €1,685,823 | €1,758,112 | +€72,289 | +4.3% |
| Contributions | 10/11 | €1,550,000 | €1,550,000 | = | 0.0% |
| Capital | 10 | €1,550,000 | €1,550,000 | = | 0.0% |
| Issued capital | 100 | €1,550,000 | €1,550,000 | = | 0.0% |
| Reserves | 13 | €746,129 | €709,805 | -€36,324 | -4.9% |
| Non-distributable reserves | 130/1 | €11,567 | €11,567 | = | 0.0% |
| Legal reserve | 130 | €11,567 | €11,567 | = | 0.0% |
| Tax-exempt reserves | 132 | €734,562 | €698,238 | -€36,324 | -4.9% |
| Profit (loss) carried forward | 14 | -€610,306 | -€501,693 | +€108,613 | +17.8% |
| Amounts payable | 17/49 | €1,486,259 | €1,354,036 | -€132,223 | -8.9% |
| Amounts payable after more than one year | 17 | €743,681 | €743,681 | = | 0.0% |
| Financial debts | 170/4 | €743,681 | €743,681 | = | 0.0% |
| Amounts payable within one year | 42/48 | €700,751 | €579,490 | -€121,261 | -17.3% |
| Trade debts | 44 | €7,309 | €15,419 | +€8,110 | +111.0% |
| Suppliers | 440/4 | €7,309 | €15,419 | +€8,110 | +111.0% |
| Taxes, remuneration and social security | 45 | - | €24,119 | +€24,119 | |
| Taxes | 450/3 | - | €24,119 | +€24,119 | |
| Other amounts payable | 47/48 | €693,441 | €539,952 | -€153,490 | -22.1% |
| Accrued charges and deferred income | 492/3 | €41,828 | €30,865 | -€10,963 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,757 | €108,405 | +€1,648 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€15,743 | -€15,743 | |
| Other operating charges | 640/8 | €29,047 | €44,329 | +€15,282 | +52.6% |
| Gross operating margin | 9900 | €227,819 | €257,031 | +€29,212 | +12.8% |
| Operating profit (loss) | 9901 | €92,015 | €120,040 | +€28,025 | +30.5% |
| Financial income | 75/76B | €27,411 | €36,676 | +€9,265 | +33.8% |
| Recurring financial income | 75 | €27,411 | €36,676 | +€9,265 | +33.8% |
| Financial charges | 65/66B | €95,741 | €83,295 | -€12,446 | -13.0% |
| Recurring financial charges | 65 | €95,741 | €83,295 | -€12,446 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €23,685 | €73,421 | +€49,736 | +210.0% |
| Income taxes | 67/77 | €1,102 | €1,132 | +€31 | +2.8% |
| Profit (loss) for the period | 9904 | €22,584 | €72,289 | +€49,705 | +220.1% |
| Transfer from tax-exempt reserves | 789 | €36,324 | €36,324 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,908 | €108,613 | +€49,705 | +84.4% |
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.