CONJO: 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.
CONJO
Largest movements
- Cash +€23,496
up €23,496 (+16.2%), from €145,358 to €168,854
mainly Net result for the year (+€56,817) and Other debts (+€1,296)
- Reserves +€38,067
up €38,067 (+28.6%), from €133,226 to €171,292
- Tax, wage and social debts -€14,810
down €14,810 (-61.5%), from €24,099 to €9,289
- Gross operating margin -€40,824
down €40,824 (-35.7%), from €114,343 to €73,518
- Taxes -€8,593
down €8,593 (-35.3%), from €24,349 to €15,756
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 | €159,898 | €184,643 | +€24,744 | +15.5% |
| Current assets | 29/58 | €159,898 | €184,643 | +€24,744 | +15.5% |
| Amounts receivable within one year | 40/41 | €14,321 | €15,625 | +€1,304 | +9.1% |
| Trade receivables | 40 | €14,321 | €15,125 | +€804 | +5.6% |
| Other amounts receivable | 41 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €145,358 | €168,854 | +€23,496 | +16.2% |
| Deferred charges and accrued income | 490/1 | €219 | €163 | -€55 | -25.3% |
| Total equity and liabilities | 10/49 | €159,898 | €184,643 | +€24,744 | +15.5% |
| Equity | 10/15 | €133,326 | €171,392 | +€38,067 | +28.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €133,226 | €171,292 | +€38,067 | +28.6% |
| Distributable reserves | 133 | €133,226 | €171,292 | +€38,067 | +28.6% |
| Amounts payable | 17/49 | €26,572 | €13,250 | -€13,322 | -50.1% |
| Amounts payable within one year | 42/48 | €26,572 | €13,250 | -€13,322 | -50.1% |
| Trade debts | 44 | €648 | €841 | +€193 | +29.7% |
| Suppliers | 440/4 | €648 | €841 | +€193 | +29.7% |
| Taxes, remuneration and social security | 45 | €24,099 | €9,289 | -€14,810 | -61.5% |
| Taxes | 450/3 | €24,099 | €9,289 | -€14,810 | -61.5% |
| Other amounts payable | 47/48 | €1,825 | €3,120 | +€1,296 | +71.0% |
| Other operating charges | 640/8 | €944 | €803 | -€140 | -14.9% |
| Gross operating margin | 9900 | €114,343 | €73,518 | -€40,824 | -35.7% |
| Operating profit (loss) | 9901 | €113,399 | €72,715 | -€40,684 | -35.9% |
| Financial income | 75/76B | €20 | €749 | +€729 | +3,710% |
| Recurring financial income | 75 | €20 | €749 | +€729 | +3,710% |
| Financial charges | 65/66B | €1,119 | €891 | -€227 | -20.3% |
| Recurring financial charges | 65 | €1,119 | €891 | -€227 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €112,300 | €72,572 | -€39,727 | -35.4% |
| Income taxes | 67/77 | €24,349 | €15,756 | -€8,593 | -35.3% |
| Profit (loss) for the period | 9904 | €87,951 | €56,817 | -€31,135 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €87,951 | €56,817 | -€31,135 | -35.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.