CONFORT HEATING: 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 HEATING
Largest movements
- Receivables within one year +€21,947
up €21,947 (+208%), from €10,576 to €32,522
of which Trade receivables: +€12,731
- Cash +€8,375
up €8,375 (+106%), from €7,936 to €16,311
mainly Net result for the year (+€28,653) and Depreciation (+€6,525)
- Tangible fixed assets -€6,525
down €6,525 (-48.4%), from €13,473 to €6,948
- Stocks and contracts +€2,670
up €2,670 (+14.9%), from €17,880 to €20,550
of which Stocks: +€4,970
- Deferred charges and accrued income +€1,834
up €1,834 (+69.8%), from €2,628 to €4,461
- Reserves +€28,653
up €28,653 (+130%), from €22,074 to €50,727
- Other debts -€3,537
down €3,537 (-69.5%), from €5,088 to €1,550
- Tax, wage and social debts +€2,952
up €2,952 (+36.5%), from €8,098 to €11,051
of which Taxes: +€2,865
- Gross operating margin +€11,251
up €11,251 (+12.3%), from €91,458 to €102,708
- Staff costs -€3,216
down €3,216 (-5.9%), from €54,873 to €51,657
- Depreciation +€2,277
up €2,277 (+53.6%), from €4,248 to €6,525
- Taxes +€1,887
up €1,887 (+19.3%), from €9,774 to €11,661
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,492 | €80,792 | +€28,300 | +53.9% |
| Fixed assets | 21/28 | €13,473 | €6,948 | -€6,525 | -48.4% |
| Tangible fixed assets | 22/27 | €13,473 | €6,948 | -€6,525 | -48.4% |
| Furniture and vehicles | 24 | €13,473 | €6,948 | -€6,525 | -48.4% |
| Current assets | 29/58 | €39,019 | €73,844 | +€34,825 | +89.3% |
| Stocks and contracts in progress | 3 | €17,880 | €20,550 | +€2,670 | +14.9% |
| Stocks | 30/36 | €14,380 | €19,350 | +€4,970 | +34.6% |
| Contracts in progress | 37 | €3,500 | €1,200 | -€2,300 | -65.7% |
| Amounts receivable within one year | 40/41 | €10,576 | €32,522 | +€21,947 | +208% |
| Trade receivables | 40 | €1,351 | €14,081 | +€12,731 | +942% |
| Other amounts receivable | 41 | €9,225 | €18,441 | +€9,216 | +99.9% |
| Cash at bank and in hand | 54/58 | €7,936 | €16,311 | +€8,375 | +106% |
| Deferred charges and accrued income | 490/1 | €2,628 | €4,461 | +€1,834 | +69.8% |
| Total equity and liabilities | 10/49 | €52,492 | €80,792 | +€28,300 | +53.9% |
| Equity | 10/15 | €24,363 | €53,016 | +€28,653 | +118% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,074 | €50,727 | +€28,653 | +130% |
| Distributable reserves | 133 | €22,074 | €50,727 | +€28,653 | +130% |
| Profit (loss) carried forward | 14 | -€3,911 | -€3,911 | = | 0.0% |
| Amounts payable | 17/49 | €28,129 | €27,776 | -€352 | -1.3% |
| Amounts payable within one year | 42/48 | €27,666 | €27,314 | -€352 | -1.3% |
| Financial debts | 43 | €10,299 | €10,000 | -€299 | -2.9% |
| Credit institutions | 430/8 | €10,299 | €10,000 | -€299 | -2.9% |
| Trade debts | 44 | €4,182 | €4,713 | +€531 | +12.7% |
| Suppliers | 440/4 | €4,182 | €4,713 | +€531 | +12.7% |
| Taxes, remuneration and social security | 45 | €8,098 | €11,051 | +€2,952 | +36.5% |
| Taxes | 450/3 | €2,207 | €5,073 | +€2,865 | +130% |
| Remuneration and social security | 454/9 | €5,891 | €5,978 | +€87 | +1.5% |
| Other amounts payable | 47/48 | €5,088 | €1,550 | -€3,537 | -69.5% |
| Accrued charges and deferred income | 492/3 | €462 | €462 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €54,873 | €51,657 | -€3,216 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,248 | €6,525 | +€2,277 | +53.6% |
| Other operating charges | 640/8 | €835 | €611 | -€224 | -26.8% |
| Gross operating margin | 9900 | €91,458 | €102,708 | +€11,251 | +12.3% |
| Operating profit (loss) | 9901 | €31,502 | €43,915 | +€12,414 | +39.4% |
| Financial income | 75/76B | €82 | €274 | +€192 | +236% |
| Recurring financial income | 75 | €82 | €274 | +€192 | +236% |
| Financial charges | 65/66B | €3,702 | €3,875 | +€173 | +4.7% |
| Recurring financial charges | 65 | €3,702 | €3,875 | +€173 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €27,881 | €40,314 | +€12,433 | +44.6% |
| Transfer from deferred taxes | 780 | €1,349 | - | -€1,349 | |
| Income taxes | 67/77 | €9,774 | €11,661 | +€1,887 | +19.3% |
| Profit (loss) for the period | 9904 | €19,456 | €28,653 | +€9,197 | +47.3% |
| Transfer from tax-exempt reserves | 789 | €2,618 | - | -€2,618 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,074 | €28,653 | +€6,578 | +29.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.