CONFORTHERMIQUE: 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.
CONFORTHERMIQUE
Largest movements
- Cash +€37,889
up €37,889 (+72.4%), from €52,305 to €90,194
mainly Net result for the year (+€56,420) and Depreciation (+€20,882)
- Tangible fixed assets -€18,228
down €18,228 (-33.8%), from €53,899 to €35,671
of which Leasing and similar rights: -€17,801
- Stocks and contracts -€9,757
down €9,757 (-23.6%), from €41,411 to €31,653
- Receivables within one year -€9,167
down €9,167 (-36.2%), from €25,339 to €16,172
of which Other amounts receivable: -€6,307
- Deferred charges and accrued income +€2,746
up €2,746 (+423%), from €650 to €3,396
- Profit (loss) carried forward +€37,920
up €37,920 (+82.9%), from €45,754 to €83,674
- Trade debts -€28,336
down €28,336 (-88.3%), from €32,092 to €3,756
- Advances received -€18,612
down €18,612 (-52.6%), from €35,355 to €16,743
- Other debts +€18,109
up €18,109 (+313%), from €5,787 to €23,896
- Debts after one year -€9,664
down €9,664 (-32.2%), from €29,984 to €20,320
- Gross operating margin +€43,007
up €43,007 (+77.6%), from €55,443 to €98,450
- Taxes +€6,046
up €6,046 (+120%), from €5,025 to €11,071
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 | €175,556 | €178,386 | +€2,830 | +1.6% |
| Fixed assets | 21/28 | €55,852 | €36,971 | -€18,882 | -33.8% |
| Intangible fixed assets | 21 | €1,953 | €1,299 | -€654 | -33.5% |
| Tangible fixed assets | 22/27 | €53,899 | €35,671 | -€18,228 | -33.8% |
| Plant, machinery and equipment | 23 | €1,187 | €1,893 | +€706 | +59.5% |
| Furniture and vehicles | 24 | €2,501 | €1,368 | -€1,132 | -45.3% |
| Leasing and similar rights | 25 | €50,212 | €32,411 | -€17,801 | -35.5% |
| Current assets | 29/58 | €119,704 | €141,415 | +€21,712 | +18.1% |
| Stocks and contracts in progress | 3 | €41,411 | €31,653 | -€9,757 | -23.6% |
| Stocks | 30/36 | €41,411 | €31,653 | -€9,757 | -23.6% |
| Amounts receivable within one year | 40/41 | €25,339 | €16,172 | -€9,167 | -36.2% |
| Trade receivables | 40 | €18,703 | €15,844 | -€2,859 | -15.3% |
| Other amounts receivable | 41 | €6,636 | €328 | -€6,307 | -95.1% |
| Cash at bank and in hand | 54/58 | €52,305 | €90,194 | +€37,889 | +72.4% |
| Deferred charges and accrued income | 490/1 | €650 | €3,396 | +€2,746 | +423% |
| Total equity and liabilities | 10/49 | €175,556 | €178,386 | +€2,830 | +1.6% |
| Equity | 10/15 | €52,754 | €90,674 | +€37,920 | +71.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,754 | €83,674 | +€37,920 | +82.9% |
| Amounts payable | 17/49 | €122,802 | €87,712 | -€35,090 | -28.6% |
| Amounts payable after more than one year | 17 | €29,984 | €20,320 | -€9,664 | -32.2% |
| Financial debts | 170/4 | €29,984 | €20,320 | -€9,664 | -32.2% |
| Amounts payable within one year | 42/48 | €92,818 | €67,392 | -€25,426 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €14,308 | €9,664 | -€4,644 | -32.5% |
| Trade debts | 44 | €32,092 | €3,756 | -€28,336 | -88.3% |
| Suppliers | 440/4 | €32,092 | €3,756 | -€28,336 | -88.3% |
| Advances received on contracts in progress | 46 | €35,355 | €16,743 | -€18,612 | -52.6% |
| Taxes, remuneration and social security | 45 | €5,276 | €13,333 | +€8,057 | +153% |
| Taxes | 450/3 | €5,238 | €11,321 | +€6,083 | +116% |
| Remuneration and social security | 454/9 | €38 | €2,011 | +€1,974 | +5,257% |
| Other amounts payable | 47/48 | €5,787 | €23,896 | +€18,109 | +313% |
| Remuneration, social security and pensions | 62 | €5,902 | €6,331 | +€429 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,499 | €20,882 | -€617 | -2.9% |
| Other operating charges | 640/8 | €2,192 | €1,627 | -€566 | -25.8% |
| Non-recurring operating charges | 66A | €3,260 | - | -€3,260 | |
| Gross operating margin | 9900 | €55,443 | €98,450 | +€43,007 | +77.6% |
| Operating profit (loss) | 9901 | €22,589 | €69,610 | +€47,021 | +208% |
| Financial income | 75/76B | €662 | €696 | +€34 | +5.2% |
| Recurring financial income | 75 | €662 | €696 | +€34 | +5.2% |
| Financial charges | 65/66B | €2,942 | €2,815 | -€127 | -4.3% |
| Recurring financial charges | 65 | €2,942 | €2,815 | -€127 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €20,309 | €67,492 | +€47,182 | +232% |
| Income taxes | 67/77 | €5,025 | €11,071 | +€6,046 | +120% |
| Profit (loss) for the period | 9904 | €15,284 | €56,420 | +€41,136 | +269% |
| Profit (loss) for the period to be appropriated | 9905 | €15,284 | €56,420 | +€41,136 | +269% |
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 26 October 2026 via checked.be.