Confortho: 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.
Confortho
Largest movements
- Receivables within one year +€108,817
up €108,817 (+42.7%), from €254,979 to €363,797
of which Trade receivables: +€85,076
- Stocks and contracts +€61,999
up €61,999 (+653%), from €9,500 to €71,499
- Tangible fixed assets +€33,821
up €33,821 (+3.7%), from €912,804 to €946,625
of which Furniture and vehicles: +€32,273
- Cash -€25,609
down €25,609 (-26.6%), from €96,142 to €70,533
mainly Receivables within one year (-€108,817) and Investment in fixed assets (net) (-€102,783)
- Profit (loss) carried forward +€154,107
up €154,107 (+65.7%), from €234,671 to €388,777
- Trade debts +€64,504
up €64,504 (+51.9%), from €124,372 to €188,877
- Debts after one year -€22,164
down €22,164 (-4.0%), from €550,672 to €528,508
No income-statement line moved by more than 1% of the activity.
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 | €1,472,124 | €1,652,786 | +€180,662 | +12.3% |
| Fixed assets | 21/28 | €912,804 | €946,625 | +€33,821 | +3.7% |
| Tangible fixed assets | 22/27 | €912,804 | €946,625 | +€33,821 | +3.7% |
| Land and buildings | 22 | €816,367 | €788,165 | -€28,202 | -3.5% |
| Plant, machinery and equipment | 23 | €519 | €239 | -€280 | -53.9% |
| Furniture and vehicles | 24 | €95,918 | €128,191 | +€32,273 | +33.6% |
| Other tangible fixed assets | 26 | - | €30,030 | +€30,030 | |
| Current assets | 29/58 | €559,320 | €706,161 | +€146,841 | +26.3% |
| Stocks and contracts in progress | 3 | €9,500 | €71,499 | +€61,999 | +653% |
| Stocks | 30/36 | €9,500 | €71,499 | +€61,999 | +653% |
| Amounts receivable within one year | 40/41 | €254,979 | €363,797 | +€108,817 | +42.7% |
| Trade receivables | 40 | €251,263 | €336,339 | +€85,076 | +33.9% |
| Other amounts receivable | 41 | €3,716 | €27,458 | +€23,741 | +639% |
| Current investments | 50/53 | €194,984 | €194,984 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €96,142 | €70,533 | -€25,609 | -26.6% |
| Deferred charges and accrued income | 490/1 | €3,715 | €5,348 | +€1,634 | +44.0% |
| Total equity and liabilities | 10/49 | €1,472,124 | €1,652,786 | +€180,662 | +12.3% |
| Equity | 10/15 | €548,310 | €702,417 | +€154,107 | +28.1% |
| Contributions | 10/11 | €86,200 | €86,200 | = | 0.0% |
| Reserves | 13 | €227,440 | €227,440 | = | 0.0% |
| Non-distributable reserves | 130/1 | €196,844 | €196,844 | = | 0.0% |
| Reserves not available under the articles | 1311 | €196,844 | €196,844 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,596 | €30,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,671 | €388,777 | +€154,107 | +65.7% |
| Amounts payable | 17/49 | €923,814 | €950,369 | +€26,555 | +2.9% |
| Amounts payable after more than one year | 17 | €550,672 | €528,508 | -€22,164 | -4.0% |
| Financial debts | 170/4 | €550,672 | €528,508 | -€22,164 | -4.0% |
| Amounts payable within one year | 42/48 | €373,141 | €421,860 | +€48,719 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €93,006 | €95,680 | +€2,673 | +2.9% |
| Trade debts | 44 | €124,372 | €188,877 | +€64,504 | +51.9% |
| Suppliers | 440/4 | €124,372 | €188,877 | +€64,504 | +51.9% |
| Advances received on contracts in progress | 46 | €92,963 | €81,331 | -€11,632 | -12.5% |
| Taxes, remuneration and social security | 45 | €52,414 | €45,223 | -€7,190 | -13.7% |
| Taxes | 450/3 | €27,582 | €16,607 | -€10,975 | -39.8% |
| Remuneration and social security | 454/9 | €24,831 | €28,616 | +€3,785 | +15.2% |
| Other amounts payable | 47/48 | €10,386 | €10,750 | +€364 | +3.5% |
| Remuneration, social security and pensions | 62 | €257,274 | €252,460 | -€4,814 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,929 | €68,961 | +€2,032 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,629 | -€13,308 | -€1,679 | -14.4% |
| Other operating charges | 640/8 | €13,896 | €16,832 | +€2,936 | +21.1% |
| Gross operating margin | 9900 | €538,903 | €542,326 | +€3,422 | +0.6% |
| Operating profit (loss) | 9901 | €212,434 | €217,381 | +€4,947 | +2.3% |
| Financial income | 75/76B | €2,178 | €2,457 | +€279 | +12.8% |
| Recurring financial income | 75 | €2,178 | €2,457 | +€279 | +12.8% |
| Financial charges | 65/66B | €10,560 | €10,486 | -€74 | -0.7% |
| Recurring financial charges | 65 | €10,560 | €10,486 | -€74 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €204,052 | €209,353 | +€5,300 | +2.6% |
| Income taxes | 67/77 | €57,361 | €55,246 | -€2,115 | -3.7% |
| Profit (loss) for the period | 9904 | €146,691 | €154,107 | +€7,416 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €146,691 | €154,107 | +€7,416 | +5.1% |
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 18 October 2026 via checked.be.