Conley: what changed
Two fiscal 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.
Conley
Largest movements
- Receivables within one year -€54,422
down €54,422 (-75.0%), from €72,541 to €18,119
of which Trade receivables: -€43,995
- Cash +€47,670
up €47,670 (+116.6%), from €40,879 to €88,548
mainly Receivables within one year (+€54,422) and Net result for the year (+€40,049)
- Tangible fixed assets +€27,496
up €27,496 (+101.3%), from €27,154 to €54,650
of which Furniture and vehicles: +€30,983
- Receivables after one year -€12,500
down €12,500 (-11.9%), from €105,000 to €92,500
of which Other amounts receivable: -€12,500
- Reserves +€10,049
up €10,049 (+4.5%), from €221,059 to €231,108
of which Distributable reserves: +€10,049
- Gross operating margin +€9,597
up €9,597 (+17.0%), from €56,554 to €66,151
- Taxes +€5,463
up €5,463 (+38.0%), from €14,375 to €19,838
- Other operating charges -€863
down €863 (-54.8%), from €1,576 to €713
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 | €246,847 | €255,477 | +€8,630 | +3.5% |
| Fixed assets | 21/28 | €27,154 | €54,650 | +€27,496 | +101.3% |
| Tangible fixed assets | 22/27 | €27,154 | €54,650 | +€27,496 | +101.3% |
| Plant, machinery and equipment | 23 | €26,180 | €22,693 | -€3,487 | -13.3% |
| Furniture and vehicles | 24 | €974 | €31,957 | +€30,983 | +3180.2% |
| Current assets | 29/58 | €219,693 | €200,826 | -€18,866 | -8.6% |
| Amounts receivable after more than one year | 29 | €105,000 | €92,500 | -€12,500 | -11.9% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €105,000 | €92,500 | -€12,500 | -11.9% |
| Amounts receivable within one year | 40/41 | €72,541 | €18,119 | -€54,422 | -75.0% |
| Trade receivables | 40 | €58,483 | €14,487 | -€43,995 | -75.2% |
| Other amounts receivable | 41 | €14,058 | €3,632 | -€10,427 | -74.2% |
| Cash at bank and in hand | 54/58 | €40,879 | €88,548 | +€47,670 | +116.6% |
| Deferred charges and accrued income | 490/1 | €1,273 | €1,659 | +€386 | +30.3% |
| Total equity and liabilities | 10/49 | €246,847 | €255,477 | +€8,630 | +3.5% |
| Equity | 10/15 | €227,259 | €237,308 | +€10,049 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €221,059 | €231,108 | +€10,049 | +4.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €219,059 | €229,108 | +€10,049 | +4.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,588 | €18,169 | -€1,420 | -7.2% |
| Amounts payable after more than one year | 17 | €2,149 | €310 | -€1,838 | -85.6% |
| Financial debts | 170/4 | €2,149 | €310 | -€1,838 | -85.6% |
| Amounts payable within one year | 42/48 | €17,440 | €17,859 | +€419 | +2.4% |
| Financial debts | 43 | €1,811 | €1,838 | +€27 | +1.5% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €1,811 | €1,838 | +€27 | +1.5% |
| Trade debts | 44 | €1,464 | €1,242 | -€222 | -15.2% |
| Suppliers | 440/4 | €1,464 | €1,242 | -€222 | -15.2% |
| Taxes, remuneration and social security | 45 | €13,683 | €14,514 | +€830 | +6.1% |
| Taxes | 450/3 | €13,683 | €14,514 | +€830 | +6.1% |
| Other amounts payable | 47/48 | €481 | €264 | -€217 | -45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,153 | €6,589 | +€436 | +7.1% |
| Other operating charges | 640/8 | €1,576 | €713 | -€863 | -54.8% |
| Gross operating margin | 9900 | €56,554 | €66,151 | +€9,597 | +17.0% |
| Operating profit (loss) | 9901 | €48,825 | €58,849 | +€10,024 | +20.5% |
| Financial income | 75/76B | €2,625 | €2,465 | -€160 | -6.1% |
| Recurring financial income | 75 | €2,625 | €2,465 | -€160 | -6.1% |
| Financial charges | 65/66B | €1,644 | €1,426 | -€218 | -13.3% |
| Recurring financial charges | 65 | €1,644 | €1,426 | -€218 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €49,806 | €59,888 | +€10,082 | +20.2% |
| Income taxes | 67/77 | €14,375 | €19,838 | +€5,463 | +38.0% |
| Profit (loss) for the period | 9904 | €35,431 | €40,049 | +€4,618 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,431 | €40,049 | +€4,618 | +13.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.