CONGRES MANAGEMENT: 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.
CONGRES MANAGEMENT
Largest movements
- Tangible fixed assets -€69,210
down €69,210 (-12.8%), from €540,377 to €471,167
of which Land and buildings: -€57,997
- Current investments -€50,005
down €50,005 (-99.7%), from €50,144 to €139
- Deferred charges and accrued income +€6,803
up €6,803 (+286%), from €2,377 to €9,180
- Current portion of long-term debt -€81,617
down €81,617 (-91.3%), from €89,423 to €7,806
- Other debts -€48,000
down €48,000 (-96.8%), from €49,600 to €1,600
- Profit (loss) carried forward +€25,518
up €25,518 (+141%), from €18,102 to €43,620
- Financial income +€4,465
new in 2025: €4,465
- Other operating charges +€3,427
up €3,427 (+30.4%), from €11,273 to €14,700
- Depreciation -€3,424
down €3,424 (-4.3%), from €79,335 to €75,911
- Gross operating margin +€3,051
up €3,051 (+2.3%), from €134,935 to €137,987
- Financial charges -€2,476
down €2,476 (-62.4%), from €3,965 to €1,489
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 | €610,672 | €506,079 | -€104,593 | -17.1% |
| Fixed assets | 21/28 | €540,377 | €471,167 | -€69,210 | -12.8% |
| Tangible fixed assets | 22/27 | €540,377 | €471,167 | -€69,210 | -12.8% |
| Land and buildings | 22 | €450,904 | €392,907 | -€57,997 | -12.9% |
| Plant, machinery and equipment | 23 | €87,644 | €76,622 | -€11,022 | -12.6% |
| Other tangible fixed assets | 26 | €1,829 | €1,638 | -€191 | -10.4% |
| Current assets | 29/58 | €70,295 | €34,912 | -€35,383 | -50.3% |
| Amounts receivable within one year | 40/41 | €2,928 | €5,057 | +€2,129 | +72.7% |
| Trade receivables | 40 | €337 | - | -€337 | |
| Other amounts receivable | 41 | €2,590 | €5,057 | +€2,467 | +95.2% |
| Current investments | 50/53 | €50,144 | €139 | -€50,005 | -99.7% |
| Cash at bank and in hand | 54/58 | €14,847 | €20,537 | +€5,690 | +38.3% |
| Deferred charges and accrued income | 490/1 | €2,377 | €9,180 | +€6,803 | +286% |
| Total equity and liabilities | 10/49 | €610,672 | €506,079 | -€104,593 | -17.1% |
| Equity | 10/15 | €461,275 | €486,793 | +€25,518 | +5.5% |
| Contributions | 10/11 | €430,494 | €430,494 | = | 0.0% |
| Contributions outside capital | 11 | €430,494 | €430,494 | = | 0.0% |
| Share premium | 1100/10 | €430,494 | €430,494 | = | 0.0% |
| Reserves | 13 | €12,679 | €12,679 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,630 | - | -€12,630 | |
| Distributable reserves | 133 | €49 | €12,679 | +€12,630 | +25,577% |
| Profit (loss) carried forward | 14 | €18,102 | €43,620 | +€25,518 | +141% |
| Provisions and deferred taxes | 16 | €6,843 | €6,843 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,843 | €6,843 | = | 0.0% |
| Major repairs and maintenance | 162 | €6,843 | €6,843 | = | 0.0% |
| Amounts payable | 17/49 | €142,554 | €12,443 | -€130,111 | -91.3% |
| Amounts payable after more than one year | 17 | €798 | €1,098 | +€300 | +37.6% |
| Financial debts | 170/4 | €798 | €1,098 | +€300 | +37.6% |
| Amounts payable within one year | 42/48 | €140,507 | €11,346 | -€129,161 | -91.9% |
| Current portion of amounts payable after more than one year | 42 | €89,423 | €7,806 | -€81,617 | -91.3% |
| Trade debts | 44 | - | €798 | +€798 | |
| Suppliers | 440/4 | - | €798 | +€798 | |
| Taxes, remuneration and social security | 45 | €1,484 | €1,142 | -€342 | -23.0% |
| Taxes | 450/3 | €1,484 | €1,142 | -€342 | -23.0% |
| Other amounts payable | 47/48 | €49,600 | €1,600 | -€48,000 | -96.8% |
| Accrued charges and deferred income | 492/3 | €1,250 | - | -€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,335 | €75,911 | -€3,424 | -4.3% |
| Other operating charges | 640/8 | €11,273 | €14,700 | +€3,427 | +30.4% |
| Gross operating margin | 9900 | €134,935 | €137,987 | +€3,051 | +2.3% |
| Operating profit (loss) | 9901 | €44,327 | €47,376 | +€3,049 | +6.9% |
| Financial income | 75/76B | - | €4,465 | +€4,465 | |
| Recurring financial income | 75 | - | €4,465 | +€4,465 | |
| Financial charges | 65/66B | €3,965 | €1,489 | -€2,476 | -62.4% |
| Recurring financial charges | 65 | €3,965 | €1,489 | -€2,476 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €40,362 | €50,351 | +€9,990 | +24.8% |
| Income taxes | 67/77 | €22,613 | €24,833 | +€2,220 | +9.8% |
| Profit (loss) for the period | 9904 | €17,749 | €25,518 | +€7,769 | +43.8% |
| Transfer from tax-exempt reserves | 789 | - | €12,630 | +€12,630 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,749 | €38,148 | +€20,399 | +115% |
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.