CoNiNe: 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.
CoNiNe
Largest movements
- Tangible fixed assets +€20,255
up €20,255 (+299%), from €6,766 to €27,022
of which Furniture and vehicles: +€22,822
- Receivables within one year +€9,829
up €9,829 (+59.1%), from €16,631 to €26,460
of which Trade receivables: +€12,765
- Cash -€6,665
down €6,665 (-28.8%), from €23,161 to €16,496
mainly Contributions, distributions and other (-€27,059) and Investment in fixed assets (net) (-€24,940)
- Debts after one year +€11,934
new in 2025: €11,934
- Current portion of long-term debt +€6,482
new in 2025: €6,482
- Profit (loss) carried forward +€5,511
up €5,511 (+13.0%), from €42,394 to €47,905
- Tax, wage and social debts -€1,054
down €1,054 (-77.1%), from €1,368 to €314
- Gross operating margin +€5,431
up €5,431 (+12.7%), from €42,919 to €48,350
- Depreciation +€2,118
up €2,118 (+82.5%), from €2,567 to €4,685
- Taxes +€633
up €633 (+7.4%), from €8,580 to €9,212
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 | €46,558 | €69,977 | +€23,419 | +50.3% |
| Fixed assets | 21/28 | €6,766 | €27,022 | +€20,255 | +299% |
| Tangible fixed assets | 22/27 | €6,766 | €27,022 | +€20,255 | +299% |
| Land and buildings | 22 | €6,766 | €0 | -€6,766 | -100% |
| Furniture and vehicles | 24 | - | €22,822 | +€22,822 | |
| Other tangible fixed assets | 26 | - | €4,199 | +€4,199 | |
| Current assets | 29/58 | €39,792 | €42,955 | +€3,164 | +8.0% |
| Amounts receivable within one year | 40/41 | €16,631 | €26,460 | +€9,829 | +59.1% |
| Trade receivables | 40 | €11,507 | €24,272 | +€12,765 | +111% |
| Other amounts receivable | 41 | €5,124 | €2,188 | -€2,936 | -57.3% |
| Cash at bank and in hand | 54/58 | €23,161 | €16,496 | -€6,665 | -28.8% |
| Total equity and liabilities | 10/49 | €46,558 | €69,977 | +€23,419 | +50.3% |
| Equity | 10/15 | €44,394 | €49,905 | +€5,511 | +12.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,394 | €47,905 | +€5,511 | +13.0% |
| Amounts payable | 17/49 | €2,164 | €20,072 | +€17,908 | +828% |
| Amounts payable after more than one year | 17 | - | €11,934 | +€11,934 | |
| Financial debts | 170/4 | - | €11,934 | +€11,934 | |
| Amounts payable within one year | 42/48 | €2,164 | €8,138 | +€5,975 | +276% |
| Current portion of amounts payable after more than one year | 42 | - | €6,482 | +€6,482 | |
| Trade debts | 44 | €795 | €1,340 | +€545 | +68.5% |
| Suppliers | 440/4 | €795 | €1,340 | +€545 | +68.5% |
| Taxes, remuneration and social security | 45 | €1,368 | €314 | -€1,054 | -77.1% |
| Taxes | 450/3 | €1,368 | €314 | -€1,054 | -77.1% |
| Other amounts payable | 47/48 | €0 | €2 | +€2 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,567 | €4,685 | +€2,118 | +82.5% |
| Other operating charges | 640/8 | €781 | €770 | -€11 | -1.4% |
| Gross operating margin | 9900 | €42,919 | €48,350 | +€5,431 | +12.7% |
| Operating profit (loss) | 9901 | €39,570 | €42,894 | +€3,324 | +8.4% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.8% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.8% |
| Financial charges | 65/66B | €1,224 | €1,112 | -€112 | -9.1% |
| Recurring financial charges | 65 | €1,224 | €1,112 | -€112 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €38,350 | €41,782 | +€3,432 | +8.9% |
| Income taxes | 67/77 | €8,580 | €9,212 | +€633 | +7.4% |
| Profit (loss) for the period | 9904 | €29,771 | €32,570 | +€2,799 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,771 | €32,570 | +€2,799 | +9.4% |
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 21 October 2026 via checked.be.