Connectends: 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.
Connectends
Largest movements
- Receivables within one year -€17,813
down €17,813 (-78.1%), from €22,813 to €5,000
of which Trade receivables: -€20,312
- Trade debts -€16,497
down €16,497 (-95.0%), from €17,367 to €871
- Other debts -€7,548
down €7,548 (-21.8%), from €34,695 to €27,147
- Tax, wage and social debts +€5,310
up €5,310 (+622%), from €854 to €6,164
- Gross operating margin -€1,251
down €1,251 (-31.7%), from €3,950 to €2,699
- Financial charges +€839
up €839 (+445%), from €189 to €1,027
- Other operating charges -€629
down €629 (-60.0%), from €1,049 to €420
- Taxes +€415
new in 2025: €415
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 | €260,719 | €242,821 | -€17,898 | -6.9% |
| Fixed assets | 21/28 | €237,800 | €237,800 | = | 0.0% |
| Financial fixed assets | 28 | €237,800 | €237,800 | = | 0.0% |
| Current assets | 29/58 | €22,919 | €5,021 | -€17,898 | -78.1% |
| Amounts receivable within one year | 40/41 | €22,813 | €5,000 | -€17,813 | -78.1% |
| Trade receivables | 40 | €20,312 | - | -€20,312 | |
| Other amounts receivable | 41 | €2,501 | €5,000 | +€2,499 | +99.9% |
| Cash at bank and in hand | 54/58 | €107 | €21 | -€86 | -80.2% |
| Total equity and liabilities | 10/49 | €260,719 | €242,821 | -€17,898 | -6.9% |
| Equity | 10/15 | €207,804 | €208,640 | +€837 | +0.4% |
| Contributions | 10/11 | €239,550 | €239,550 | = | 0.0% |
| Contributions outside capital | 11 | €239,550 | €239,550 | = | 0.0% |
| Other | 1109/19 | €239,550 | €239,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,747 | -€30,910 | +€837 | +2.6% |
| Amounts payable | 17/49 | €52,916 | €34,181 | -€18,735 | -35.4% |
| Amounts payable within one year | 42/48 | €52,916 | €34,181 | -€18,735 | -35.4% |
| Trade debts | 44 | €17,367 | €871 | -€16,497 | -95.0% |
| Suppliers | 440/4 | €17,367 | €871 | -€16,497 | -95.0% |
| Taxes, remuneration and social security | 45 | €854 | €6,164 | +€5,310 | +622% |
| Taxes | 450/3 | €854 | €6,164 | +€5,310 | +622% |
| Other amounts payable | 47/48 | €34,695 | €27,147 | -€7,548 | -21.8% |
| Other operating charges | 640/8 | €1,049 | €420 | -€629 | -60.0% |
| Gross operating margin | 9900 | €3,950 | €2,699 | -€1,251 | -31.7% |
| Operating profit (loss) | 9901 | €2,901 | €2,279 | -€622 | -21.4% |
| Financial charges | 65/66B | €189 | €1,027 | +€839 | +445% |
| Recurring financial charges | 65 | €189 | €1,027 | +€839 | +445% |
| Profit (loss) for the period before taxes | 9903 | €2,712 | €1,252 | -€1,460 | -53.8% |
| Income taxes | 67/77 | - | €415 | +€415 | |
| Profit (loss) for the period | 9904 | €2,712 | €837 | -€1,875 | -69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,712 | €837 | -€1,875 | -69.2% |
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.