CONNECT & VOUS: 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.
CONNECT & VOUS
Largest movements
- Receivables within one year -€58,071
down €58,071 (-3.2%), from €1.8m to €1.7m
of which Trade receivables: -€1.7m
- Cash -€41,446
down €41,446 (-96.4%), from €42,984 to €1,538
mainly Tax, wage and social debts (-€108,025)
- Tax, wage and social debts -€108,025
down €108,025 (-72.3%), from €149,354 to €41,329
of which Remuneration and social security: -€99,827
- Staff costs -€654,056
down €654,056 (-60.1%), from €1.1m to €433,989
- Gross operating margin -€648,800
down €648,800 (-59.3%), from €1.1m to €444,712
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 | €1,887,574 | €1,787,338 | -€100,236 | -5.3% |
| Fixed assets | 21/28 | €719 | - | -€719 | |
| Financial fixed assets | 28 | €719 | - | -€719 | |
| Current assets | 29/58 | €1,886,855 | €1,787,338 | -€99,517 | -5.3% |
| Amounts receivable after more than one year | 29 | €52,000 | €52,000 | = | 0.0% |
| Other amounts receivable | 291 | €52,000 | €52,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,790,152 | €1,732,081 | -€58,071 | -3.2% |
| Trade receivables | 40 | €1,736,933 | €3,546 | -€1.7m | -99.8% |
| Other amounts receivable | 41 | €53,219 | €1,728,535 | +€1.7m | +3,148% |
| Cash at bank and in hand | 54/58 | €42,984 | €1,538 | -€41,446 | -96.4% |
| Deferred charges and accrued income | 490/1 | €1,719 | €1,719 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,887,574 | €1,787,338 | -€100,236 | -5.3% |
| Equity | 10/15 | €1,737,904 | €1,744,831 | +€6,927 | +0.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,715,904 | €1,722,831 | +€6,927 | +0.4% |
| Amounts payable | 17/49 | €149,670 | €42,507 | -€107,164 | -71.6% |
| Amounts payable within one year | 42/48 | €149,670 | €42,328 | -€107,343 | -71.7% |
| Trade debts | 44 | €316 | €998 | +€682 | +216% |
| Suppliers | 440/4 | €316 | €998 | +€682 | +216% |
| Taxes, remuneration and social security | 45 | €149,354 | €41,329 | -€108,025 | -72.3% |
| Taxes | 450/3 | €28,110 | €19,912 | -€8,198 | -29.2% |
| Remuneration and social security | 454/9 | €121,244 | €21,417 | -€99,827 | -82.3% |
| Accrued charges and deferred income | 492/3 | - | €179 | +€179 | |
| Remuneration, social security and pensions | 62 | €1,088,044 | €433,989 | -€654,056 | -60.1% |
| Other operating charges | 640/8 | €179 | €179 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €5,397 | +€5,397 | |
| Gross operating margin | 9900 | €1,093,513 | €444,712 | -€648,800 | -59.3% |
| Operating profit (loss) | 9901 | €5,289 | €5,147 | -€142 | -2.7% |
| Financial income | 75/76B | €4,172 | €4,136 | -€36 | -0.9% |
| Recurring financial income | 75 | €4,172 | €4,136 | -€36 | -0.9% |
| Financial charges | 65/66B | €176 | -€5,038 | -€5,214 | |
| Recurring financial charges | 65 | €176 | -€5,038 | -€5,214 | |
| Profit (loss) for the period before taxes | 9903 | €9,285 | €14,321 | +€5,036 | +54.2% |
| Income taxes | 67/77 | €12,519 | €7,394 | -€5,125 | -40.9% |
| Profit (loss) for the period | 9904 | -€3,234 | €6,927 | +€10,162 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,234 | €6,927 | +€10,162 |
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 14 October 2026 via checked.be.