ConForT: 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.
ConForT
Largest movements
- Cash -€44,875
down €44,875 (-60.6%), from €74,050 to €29,175
mainly Contributions, distributions and other (-€68,991) and Receivables within one year (-€23,670)
- Receivables within one year +€23,670
up €23,670 (+131.4%), from €18,016 to €41,685
of which Other amounts receivable: +€16,298
- Tangible fixed assets -€13,602
down €13,602 (-30.8%), from €44,233 to €30,630
- Current investments -€4,097
down €4,097 (-2.0%), from €200,505 to €196,407
- Reserves -€36,649
down €36,649 (-12.2%), from €299,855 to €263,206
- Debts after one year -€8,051
down €8,051 (-41.1%), from €19,609 to €11,558
- Tax, wage and social debts +€4,832
up €4,832 (+118.4%), from €4,081 to €8,913
- Gross operating margin -€11,490
down €11,490 (-16.3%), from €70,311 to €58,820
- Taxes -€3,225
down €3,225 (-20.0%), from €16,103 to €12,878
- Depreciation +€938
up €938 (+7.4%), from €12,665 to €13,602
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 | €339,679 | €299,709 | -€39,970 | -11.8% |
| Fixed assets | 21/28 | €44,233 | €30,630 | -€13,602 | -30.8% |
| Tangible fixed assets | 22/27 | €44,233 | €30,630 | -€13,602 | -30.8% |
| Furniture and vehicles | 24 | €44,233 | €30,630 | -€13,602 | -30.8% |
| Current assets | 29/58 | €295,446 | €269,079 | -€26,368 | -8.9% |
| Amounts receivable within one year | 40/41 | €18,016 | €41,685 | +€23,670 | +131.4% |
| Trade receivables | 40 | €10,290 | €17,662 | +€7,372 | +71.6% |
| Other amounts receivable | 41 | €7,725 | €24,023 | +€16,298 | +211.0% |
| Current investments | 50/53 | €200,505 | €196,407 | -€4,097 | -2.0% |
| Cash at bank and in hand | 54/58 | €74,050 | €29,175 | -€44,875 | -60.6% |
| Deferred charges and accrued income | 490/1 | €2,876 | €1,811 | -€1,065 | -37.0% |
| Total equity and liabilities | 10/49 | €339,679 | €299,709 | -€39,970 | -11.8% |
| Equity | 10/15 | €306,055 | €269,406 | -€36,649 | -12.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €299,855 | €263,206 | -€36,649 | -12.2% |
| Distributable reserves | 133 | €299,855 | €263,206 | -€36,649 | -12.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,624 | €30,303 | -€3,321 | -9.9% |
| Amounts payable after more than one year | 17 | €19,609 | €11,558 | -€8,051 | -41.1% |
| Financial debts | 170/4 | €19,609 | €11,558 | -€8,051 | -41.1% |
| Amounts payable within one year | 42/48 | €13,961 | €18,745 | +€4,784 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €7,962 | €8,051 | +€88 | +1.1% |
| Trade debts | 44 | €1,278 | €1,781 | +€503 | +39.3% |
| Suppliers | 440/4 | €1,278 | €1,781 | +€503 | +39.3% |
| Taxes, remuneration and social security | 45 | €4,081 | €8,913 | +€4,832 | +118.4% |
| Taxes | 450/3 | €4,081 | €8,913 | +€4,832 | +118.4% |
| Other amounts payable | 47/48 | €639 | €0 | -€639 | -100.0% |
| Accrued charges and deferred income | 492/3 | €54 | €0 | -€54 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,665 | €13,602 | +€938 | +7.4% |
| Other operating charges | 640/8 | €987 | €841 | -€145 | -14.7% |
| Gross operating margin | 9900 | €70,311 | €58,820 | -€11,490 | -16.3% |
| Operating profit (loss) | 9901 | €56,660 | €44,377 | -€12,283 | -21.7% |
| Financial income | 75/76B | €722 | €1,289 | +€567 | +78.5% |
| Recurring financial income | 75 | €722 | €1,289 | +€567 | +78.5% |
| Financial charges | 65/66B | €466 | €446 | -€20 | -4.3% |
| Recurring financial charges | 65 | €466 | €446 | -€20 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €56,916 | €45,220 | -€11,696 | -20.5% |
| Income taxes | 67/77 | €16,103 | €12,878 | -€3,225 | -20.0% |
| Profit (loss) for the period | 9904 | €40,813 | €32,342 | -€8,471 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,813 | €32,342 | -€8,471 | -20.8% |
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 11 October 2026 via checked.be.