CONFORBETON: 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.
CONFORBETON
Largest movements
- Cash -€313,544
down €313,544 (-34.7%), from €903,952 to €590,408
mainly Contributions, distributions and other (-€500,000) and Stocks and contracts (-€86,414)
- Stocks and contracts +€86,414
up €86,414 (+29.6%), from €291,700 to €378,114
- Receivables within one year -€36,077
down €36,077 (-13.2%), from €273,154 to €237,077
of which Trade receivables: -€24,803
- Tangible fixed assets -€31,072
down €31,072 (-12.2%), from €254,471 to €223,400
of which Plant, machinery and equipment: -€29,183
- Profit (loss) carried forward -€379,542
down €379,542 (-48.4%), from €784,815 to €405,273
- Trade debts +€93,756
up €93,756 (+90.5%), from €103,558 to €197,314
- Gross operating margin +€98,848
up €98,848 (+17.6%), from €562,990 to €661,837
- Write-downs +€90,421
up €90,421, from -€57 to €90,364
- Taxes +€34,354
up €34,354 (+23,458%), from €146 to €34,500
- Depreciation -€25,384
down €25,384 (-33.4%), from €75,921 to €50,538
- Staff costs -€16,394
down €16,394 (-5.1%), from €323,207 to €306,813
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 | €1,723,278 | €1,432,097 | -€291,181 | -16.9% |
| Fixed assets | 21/28 | €254,471 | €223,770 | -€30,701 | -12.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €254,471 | €223,400 | -€31,072 | -12.2% |
| Land and buildings | 22 | €155,277 | €151,319 | -€3,958 | -2.5% |
| Plant, machinery and equipment | 23 | €67,193 | €38,011 | -€29,183 | -43.4% |
| Furniture and vehicles | 24 | €32,001 | €34,070 | +€2,070 | +6.5% |
| Financial fixed assets | 28 | - | €370 | +€370 | |
| Current assets | 29/58 | €1,468,806 | €1,208,327 | -€260,480 | -17.7% |
| Stocks and contracts in progress | 3 | €291,700 | €378,114 | +€86,414 | +29.6% |
| Stocks | 30/36 | €291,700 | €378,114 | +€86,414 | +29.6% |
| Amounts receivable within one year | 40/41 | €273,154 | €237,077 | -€36,077 | -13.2% |
| Trade receivables | 40 | €249,512 | €224,709 | -€24,803 | -9.9% |
| Other amounts receivable | 41 | €23,642 | €12,369 | -€11,273 | -47.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €903,952 | €590,408 | -€313,544 | -34.7% |
| Deferred charges and accrued income | 490/1 | - | €2,727 | +€2,727 | |
| Total equity and liabilities | 10/49 | €1,723,278 | €1,432,097 | -€291,181 | -16.9% |
| Equity | 10/15 | €1,554,815 | €1,175,273 | -€379,542 | -24.4% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Capital | 10 | €700,000 | €700,000 | = | 0.0% |
| Issued capital | 100 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €70,000 | €70,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70,000 | €70,000 | = | 0.0% |
| Legal reserve | 130 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €784,815 | €405,273 | -€379,542 | -48.4% |
| Provisions and deferred taxes | 16 | €6,853 | €9,786 | +€2,933 | +42.8% |
| Provisions for liabilities and charges | 160/5 | €6,853 | €9,786 | +€2,933 | +42.8% |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | €6,853 | €9,786 | +€2,933 | +42.8% |
| Amounts payable | 17/49 | €161,610 | €247,038 | +€85,428 | +52.9% |
| Amounts payable within one year | 42/48 | €161,610 | €247,038 | +€85,428 | +52.9% |
| Trade debts | 44 | €103,558 | €197,314 | +€93,756 | +90.5% |
| Suppliers | 440/4 | €103,558 | €197,314 | +€93,756 | +90.5% |
| Taxes, remuneration and social security | 45 | €58,051 | €49,724 | -€8,328 | -14.3% |
| Taxes | 450/3 | €11,924 | €15,222 | +€3,298 | +27.7% |
| Remuneration and social security | 454/9 | €46,128 | €34,502 | -€11,626 | -25.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €323,207 | €306,813 | -€16,394 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,921 | €50,538 | -€25,384 | -33.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€57 | €90,364 | +€90,421 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,350 | €2,933 | +€7,283 | |
| Other operating charges | 640/8 | €44,976 | €45,733 | +€757 | +1.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €562,990 | €661,837 | +€98,848 | +17.6% |
| Operating profit (loss) | 9901 | €123,292 | €165,457 | +€42,165 | +34.2% |
| Financial income | 75/76B | €14,656 | €2,540 | -€12,116 | -82.7% |
| Recurring financial income | 75 | €14,656 | €2,540 | -€12,116 | -82.7% |
| Financial charges | 65/66B | €13,269 | €13,038 | -€230 | -1.7% |
| Recurring financial charges | 65 | €13,269 | €13,038 | -€230 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €124,679 | €154,958 | +€30,279 | +24.3% |
| Income taxes | 67/77 | €146 | €34,500 | +€34,354 | +23,458% |
| Profit (loss) for the period | 9904 | €124,533 | €120,458 | -€4,075 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €124,533 | €120,458 | -€4,075 | -3.3% |
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 15 October 2026 via checked.be.