Conifin: 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.
Conifin
Largest movements
- Cash -€61,062
down €61,062 (-55.7%), from €109,533 to €48,471
mainly Contributions, distributions and other (-€138,301) and Receivables within one year (-€8,273)
- Receivables within one year +€8,273
up €8,273 (+552.3%), from €1,498 to €9,771
- Reserves -€95,454
no longer reported in 2025 (was €95,454)
- Other debts +€42,759
up €42,759 (+22040.7%), from €194 to €42,953
- Financial income -€1,382
no longer reported in 2025 (was €1,382)
- Gross operating margin +€873
up €873 (+1.6%), from €54,671 to €55,544
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.
Cash bridge derived
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 | €114,324 | €61,694 | -€52,630 | -46.0% |
| Current assets | 29/58 | €114,324 | €61,694 | -€52,630 | -46.0% |
| Amounts receivable within one year | 40/41 | €1,498 | €9,771 | +€8,273 | +552.3% |
| Trade receivables | 40 | €1,498 | €9,771 | +€8,273 | +552.3% |
| Cash at bank and in hand | 54/58 | €109,533 | €48,471 | -€61,062 | -55.7% |
| Deferred charges and accrued income | 490/1 | €3,293 | €3,452 | +€159 | +4.8% |
| Total equity and liabilities | 10/49 | €114,324 | €61,694 | -€52,630 | -46.0% |
| Equity | 10/15 | €95,554 | €100 | -€95,454 | -99.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €95,454 | - | -€95,454 | |
| Distributable reserves | 133 | €95,454 | - | -€95,454 | |
| Amounts payable | 17/49 | €18,770 | €61,594 | +€42,824 | +228.2% |
| Amounts payable within one year | 42/48 | €18,770 | €61,594 | +€42,824 | +228.2% |
| Trade debts | 44 | €388 | €531 | +€143 | +36.9% |
| Suppliers | 440/4 | €388 | €531 | +€143 | +36.9% |
| Taxes, remuneration and social security | 45 | €18,188 | €18,110 | -€78 | -0.4% |
| Taxes | 450/3 | €18,188 | €18,110 | -€78 | -0.4% |
| Other amounts payable | 47/48 | €194 | €42,953 | +€42,759 | +22040.7% |
| Other operating charges | 640/8 | €724 | €662 | -€62 | -8.6% |
| Gross operating margin | 9900 | €54,671 | €55,544 | +€873 | +1.6% |
| Operating profit (loss) | 9901 | €53,947 | €54,882 | +€935 | +1.7% |
| Financial income | 75/76B | €1,382 | - | -€1,382 | |
| Recurring financial income | 75 | €1,382 | - | -€1,382 | |
| Financial charges | 65/66B | €488 | €417 | -€71 | -14.5% |
| Recurring financial charges | 65 | €488 | €417 | -€71 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €54,841 | €54,465 | -€376 | -0.7% |
| Income taxes | 67/77 | €11,604 | €11,618 | +€14 | +0.1% |
| Profit (loss) for the period | 9904 | €43,237 | €42,847 | -€390 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,237 | €42,847 | -€390 | -0.9% |
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 11 October 2026 via checked.be.