CONNECT4GOOD: 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.
CONNECT4GOOD
Largest movements
- Receivables within one year +€91,128
up €91,128 (+40.7%), from €223,643 to €314,771
of which Other amounts receivable: +€86,955
- Cash +€12,614
up €12,614 (+102.8%), from €12,271 to €24,885
mainly Net result for the year (+€103,395) and Short-term financial debts (+€361)
- Profit (loss) carried forward +€103,395
up €103,395 (+45.7%), from €226,378 to €329,772
- Financial income +€3,774
up €3,774 (+35.7%), from €10,578 to €14,352
- Gross operating margin -€2,023
down €2,023 (-1.7%), from €121,331 to €119,308
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 | €237,781 | €341,434 | +€103,653 | +43.6% |
| Current assets | 29/58 | €237,781 | €341,434 | +€103,653 | +43.6% |
| Amounts receivable within one year | 40/41 | €223,643 | €314,771 | +€91,128 | +40.7% |
| Trade receivables | 40 | €1,827 | €6,000 | +€4,173 | +228.3% |
| Other amounts receivable | 41 | €221,815 | €308,771 | +€86,955 | +39.2% |
| Cash at bank and in hand | 54/58 | €12,271 | €24,885 | +€12,614 | +102.8% |
| Deferred charges and accrued income | 490/1 | €1,868 | €1,779 | -€89 | -4.8% |
| Total equity and liabilities | 10/49 | €237,781 | €341,434 | +€103,653 | +43.6% |
| Equity | 10/15 | €227,378 | €330,772 | +€103,395 | +45.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,378 | €329,772 | +€103,395 | +45.7% |
| Amounts payable | 17/49 | €10,404 | €10,662 | +€258 | +2.5% |
| Amounts payable within one year | 42/48 | €10,404 | €10,662 | +€258 | +2.5% |
| Financial debts | 43 | €88 | €448 | +€361 | +411.0% |
| Credit institutions | 430/8 | €88 | €448 | +€361 | +411.0% |
| Trade debts | 44 | €212 | €472 | +€260 | +123.0% |
| Suppliers | 440/4 | €212 | €472 | +€260 | +123.0% |
| Taxes, remuneration and social security | 45 | €10,105 | €9,742 | -€363 | -3.6% |
| Taxes | 450/3 | €10,105 | €9,742 | -€363 | -3.6% |
| Gross operating margin | 9900 | €121,331 | €119,308 | -€2,023 | -1.7% |
| Operating profit (loss) | 9901 | €121,331 | €119,308 | -€2,023 | -1.7% |
| Financial income | 75/76B | €10,578 | €14,352 | +€3,774 | +35.7% |
| Recurring financial income | 75 | €10,578 | €14,352 | +€3,774 | +35.7% |
| Financial charges | 65/66B | €134 | €238 | +€105 | +78.3% |
| Recurring financial charges | 65 | €134 | €238 | +€105 | +78.3% |
| Profit (loss) for the period before taxes | 9903 | €131,775 | €133,422 | +€1,647 | +1.2% |
| Income taxes | 67/77 | €29,462 | €30,027 | +€566 | +1.9% |
| Profit (loss) for the period | 9904 | €102,314 | €103,395 | +€1,081 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €102,314 | €103,395 | +€1,081 | +1.1% |
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 7 October 2026 via checked.be.