CONFOOD: 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.
What changed
CONFOOD
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,382
2024 · €21,589-€18,207
Equity
€10.7m
2024 · €10.7m+€3,382
Cash
€229,441
2024 · €262,217-€32,776
Balance sheet total
€24.5m
2024 · €24.6m-€44,720
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€1.3m
up €1.3m (+14.2%), from €9.4m to €10.7m
- Debts after one year -€1.3m
down €1.3m (-42.8%), from €2.9m to €1.7m
Income statement
- Services and other goods -€168,441
down €168,441 (-12.1%), from €1.4m to €1.2m
- Turnover -€143,941
down €143,941 (-7.8%), from €1.9m to €1.7m
- Financial charges +€45,654
up €45,654 (+10.7%), from €427,012 to €472,667
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.
Result 2024
€21,589
Turnover
-€143,941
Services and other goods
+€168,441
Depreciation
+€10,002
Other operating charges
-€7,054
Financial income
-€0
Financial charges
-€45,654
Result 2025
€3,382
raises the resultlowers the result
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.
From operations
+€1.3m
Investment
+€6,440
Financing
-€1.3m
Cash 2024
€262,217
From operations (derived)
+€1.3m
Net result for the year
+€3,382
Receivables within one year
+€5,504
Trade debts
-€26,333
Tax, wage and social debts
-€13,621
Other debts
+€1.3m
Accrued charges and deferred income
+€3,151
Investment (derived)
+€6,440
Investment in fixed assets (net)
+€6,440
Financing
-€1.3m
Debts after one year
-€1.3m
Current portion of long-term debt
-€89,408
Cash 2025
€229,441
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,583,633 | €24,538,913 | -€44,720 | -0.2% |
| Fixed assets | 21/28 | €24,314,912 | €24,308,473 | -€6,440 | 0.0% |
| Intangible fixed assets | 21 | €6,440 | - | -€6,440 | |
| Financial fixed assets | 28 | €24,308,473 | €24,308,473 | = | 0.0% |
| Affiliated companies | 280/1 | €24,308,473 | €24,308,473 | = | 0.0% |
| Participating interests | 280 | €24,308,473 | €24,308,473 | = | 0.0% |
| Current assets | 29/58 | €268,721 | €230,441 | -€38,280 | -14.2% |
| Amounts receivable within one year | 40/41 | €5,504 | - | -€5,504 | |
| Trade receivables | 40 | €5,504 | - | -€5,504 | |
| Cash at bank and in hand | 54/58 | €262,217 | €229,441 | -€32,776 | -12.5% |
| Deferred charges and accrued income | 490/1 | €1,000 | €1,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €24,583,633 | €24,538,913 | -€44,720 | -0.2% |
| Equity | 10/15 | €10,693,472 | €10,696,854 | +€3,382 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,563 | €5,563 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,563 | €5,563 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,563 | €5,563 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,669,309 | €10,672,691 | +€3,382 | 0.0% |
| Amounts payable | 17/49 | €13,890,161 | €13,842,060 | -€48,101 | -0.3% |
| Amounts payable after more than one year | 17 | €2,927,325 | €1,673,434 | -€1.3m | -42.8% |
| Financial debts | 170/4 | €2,927,325 | €1,673,434 | -€1.3m | -42.8% |
| Subordinated loans | 170 | €859,428 | €750,000 | -€109,428 | -12.7% |
| Credit institutions | 173 | €2,067,897 | €923,434 | -€1.1m | -55.3% |
| Amounts payable within one year | 42/48 | €10,912,589 | €12,115,228 | +€1.2m | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €1,343,299 | €1,253,891 | -€89,408 | -6.7% |
| Trade debts | 44 | €147,023 | €120,690 | -€26,333 | -17.9% |
| Suppliers | 440/4 | €147,023 | €70,707 | -€76,315 | -51.9% |
| Bills of exchange payable | 441 | - | €49,983 | +€49,983 | |
| Taxes, remuneration and social security | 45 | €21,193 | €7,572 | -€13,621 | -64.3% |
| Taxes | 450/3 | €21,193 | €7,572 | -€13,621 | -64.3% |
| Other amounts payable | 47/48 | €9,401,075 | €10,733,075 | +€1.3m | +14.2% |
| Accrued charges and deferred income | 492/3 | €50,246 | €53,398 | +€3,151 | +6.3% |
| Operating income | 70/76A | €1,850,132 | €1,706,191 | -€143,941 | -7.8% |
| Turnover | 70 | €1,850,132 | €1,706,191 | -€143,941 | -7.8% |
| Operating charges | 60/66A | €1,401,531 | €1,230,143 | -€171,388 | -12.2% |
| Services and other goods | 61 | €1,390,443 | €1,222,003 | -€168,441 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,002 | - | -€10,002 | |
| Other operating charges | 640/8 | €1,086 | €8,140 | +€7,054 | +650% |
| Operating profit (loss) | 9901 | €448,601 | €476,048 | +€27,447 | +6.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Other financial income | 752/9 | €0 | - | -€0 | |
| Financial charges | 65/66B | €427,012 | €472,667 | +€45,654 | +10.7% |
| Recurring financial charges | 65 | €427,012 | €472,667 | +€45,654 | +10.7% |
| Debt charges | 650 | €425,794 | €471,510 | +€45,716 | +10.7% |
| Other financial charges | 652/9 | €1,218 | €1,156 | -€62 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €21,589 | €3,382 | -€18,207 | -84.3% |
| Profit (loss) for the period | 9904 | €21,589 | €3,382 | -€18,207 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,589 | €3,382 | -€18,207 | -84.3% |
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 24 October 2026 via checked.be.