Congé: 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.
Congé
Largest movements
- Receivables after one year +€243,200
up €243,200 (+97.3%), from €250,000 to €493,200
- Cash -€73,404
down €73,404 (-64.1%), from €114,551 to €41,146
mainly Receivables after one year (-€243,200) and Stocks and contracts (-€50,000)
- Receivables within one year -€57,010
down €57,010 (-16.4%), from €347,713 to €290,703
of which Other amounts receivable: -€115,115
- Stocks and contracts +€50,000
new in 2025: €50,000
- Tangible fixed assets -€39,473
down €39,473 (-7.3%), from €537,790 to €498,317
of which Plant, machinery and equipment: -€19,805
- Other debts +€182,755
up €182,755 (+923%), from €19,789 to €202,544
- Trade debts +€75,742
up €75,742 (+120%), from €62,920 to €138,662
- Current portion of long-term debt -€49,103
down €49,103 (-55.4%), from €88,692 to €39,589
- Debts after one year -€40,309
down €40,309 (-48.2%), from €83,600 to €43,291
of which Financial debts: -€39,589
- Tax, wage and social debts -€32,237
down €32,237 (-31.0%), from €104,144 to €71,907
of which Taxes: -€36,449
- Gross operating margin -€272,554
down €272,554 (-58.5%), from €466,133 to €193,578
- Staff costs +€112,817
up €112,817 (+214%), from €52,806 to €165,623
- Taxes -€86,623
down €86,623 (-96.7%), from €89,620 to €2,996
- Depreciation -€74,956
down €74,956 (-67.9%), from €110,439 to €35,483
- Financial income +€17,894
up €17,894 (+428%), from €4,183 to €22,078
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 | €1,316,013 | €1,455,810 | +€139,797 | +10.6% |
| Fixed assets | 21/28 | €603,750 | €564,277 | -€39,473 | -6.5% |
| Tangible fixed assets | 22/27 | €537,790 | €498,317 | -€39,473 | -7.3% |
| Land and buildings | 22 | €360,999 | €360,999 | = | 0.0% |
| Plant, machinery and equipment | 23 | €103,003 | €83,199 | -€19,805 | -19.2% |
| Furniture and vehicles | 24 | €73,788 | €54,119 | -€19,668 | -26.7% |
| Financial fixed assets | 28 | €65,960 | €65,960 | = | 0.0% |
| Current assets | 29/58 | €712,264 | €891,533 | +€179,270 | +25.2% |
| Amounts receivable after more than one year | 29 | €250,000 | €493,200 | +€243,200 | +97.3% |
| Other amounts receivable | 291 | €250,000 | €493,200 | +€243,200 | +97.3% |
| Stocks and contracts in progress | 3 | - | €50,000 | +€50,000 | |
| Contracts in progress | 37 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €347,713 | €290,703 | -€57,010 | -16.4% |
| Trade receivables | 40 | €197,017 | €255,122 | +€58,105 | +29.5% |
| Other amounts receivable | 41 | €150,696 | €35,581 | -€115,115 | -76.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €114,551 | €41,146 | -€73,404 | -64.1% |
| Deferred charges and accrued income | 490/1 | €0 | €16,484 | +€16,484 | |
| Total equity and liabilities | 10/49 | €1,316,013 | €1,455,810 | +€139,797 | +10.6% |
| Equity | 10/15 | €956,867 | €959,816 | +€2,949 | +0.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €894,867 | €897,816 | +€2,949 | +0.3% |
| Non-distributable reserves | 130/1 | €3,451 | €3,451 | = | 0.0% |
| Legal reserve | 130 | €3,451 | €3,451 | = | 0.0% |
| Tax-exempt reserves | 132 | €252,600 | €252,600 | = | 0.0% |
| Distributable reserves | 133 | €638,816 | €641,765 | +€2,949 | +0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €359,146 | €495,994 | +€136,848 | +38.1% |
| Amounts payable after more than one year | 17 | €83,600 | €43,291 | -€40,309 | -48.2% |
| Financial debts | 170/4 | €62,880 | €23,291 | -€39,589 | -63.0% |
| Other amounts payable | 178/9 | €20,720 | €20,000 | -€720 | -3.5% |
| Amounts payable within one year | 42/48 | €275,546 | €452,703 | +€177,156 | +64.3% |
| Current portion of amounts payable after more than one year | 42 | €88,692 | €39,589 | -€49,103 | -55.4% |
| Trade debts | 44 | €62,920 | €138,662 | +€75,742 | +120% |
| Suppliers | 440/4 | €62,920 | €138,662 | +€75,742 | +120% |
| Taxes, remuneration and social security | 45 | €104,144 | €71,907 | -€32,237 | -31.0% |
| Taxes | 450/3 | €84,198 | €47,749 | -€36,449 | -43.3% |
| Remuneration and social security | 454/9 | €19,946 | €24,158 | +€4,212 | +21.1% |
| Other amounts payable | 47/48 | €19,789 | €202,544 | +€182,755 | +923% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €52,806 | €165,623 | +€112,817 | +214% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,439 | €35,483 | -€74,956 | -67.9% |
| Other operating charges | 640/8 | €4,857 | €4,164 | -€693 | -14.3% |
| Gross operating margin | 9900 | €466,133 | €193,578 | -€272,554 | -58.5% |
| Operating profit (loss) | 9901 | €298,030 | -€11,692 | -€309,722 | |
| Financial income | 75/76B | €4,183 | €22,078 | +€17,894 | +428% |
| Recurring financial income | 75 | €4,183 | €22,078 | +€17,894 | +428% |
| Financial charges | 65/66B | €7,305 | €4,440 | -€2,864 | -39.2% |
| Recurring financial charges | 65 | €7,305 | €4,440 | -€2,864 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €294,909 | €5,946 | -€288,964 | -98.0% |
| Income taxes | 67/77 | €89,620 | €2,996 | -€86,623 | -96.7% |
| Profit (loss) for the period | 9904 | €205,289 | €2,949 | -€202,340 | -98.6% |
| Transfer to tax-exempt reserves | 689 | €63,150 | €0 | -€63,150 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €142,139 | €2,949 | -€139,190 | -97.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.