CONNECTIMUS: 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.
CONNECTIMUS
Largest movements
- Cash +€116,497
up €116,497 (+49.7%), from €234,198 to €350,695
mainly Net result for the year (+€88,796) and Tax, wage and social debts (+€45,919)
- Current investments +€8,000
new in 2025: €8,000
- Receivables within one year +€7,743
up €7,743 (+18.8%), from €41,077 to €48,820
of which Other amounts receivable: +€3,960
- Tangible fixed assets +€7,438
up €7,438 (+925%), from €804 to €8,242
- Reserves +€88,796
up €88,796 (+38.8%), from €228,810 to €317,606
- Tax, wage and social debts +€45,919
up €45,919 (+111%), from €41,198 to €87,118
- Gross operating margin +€18,629
up €18,629 (+15.6%), from €119,315 to €137,944
- Taxes +€8,208
up €8,208 (+22.2%), from €36,982 to €45,190
- Depreciation +€2,431
up €2,431 (+1,140%), from €213 to €2,644
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 | €295,170 | €434,530 | +€139,359 | +47.2% |
| Fixed assets | 21/28 | €804 | €8,242 | +€7,438 | +925% |
| Tangible fixed assets | 22/27 | €804 | €8,242 | +€7,438 | +925% |
| Furniture and vehicles | 24 | €804 | €8,242 | +€7,438 | +925% |
| Current assets | 29/58 | €294,367 | €426,288 | +€131,921 | +44.8% |
| Amounts receivable within one year | 40/41 | €41,077 | €48,820 | +€7,743 | +18.8% |
| Trade receivables | 40 | €31,702 | €35,484 | +€3,782 | +11.9% |
| Other amounts receivable | 41 | €9,375 | €13,335 | +€3,960 | +42.2% |
| Current investments | 50/53 | - | €8,000 | +€8,000 | |
| Cash at bank and in hand | 54/58 | €234,198 | €350,695 | +€116,497 | +49.7% |
| Deferred charges and accrued income | 490/1 | €19,092 | €18,773 | -€319 | -1.7% |
| Total equity and liabilities | 10/49 | €295,170 | €434,530 | +€139,359 | +47.2% |
| Equity | 10/15 | €243,810 | €332,606 | +€88,796 | +36.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €228,810 | €317,606 | +€88,796 | +38.8% |
| Distributable reserves | 133 | €228,810 | €317,606 | +€88,796 | +38.8% |
| Amounts payable | 17/49 | €51,360 | €101,924 | +€50,563 | +98.4% |
| Amounts payable within one year | 42/48 | €43,500 | €91,024 | +€47,523 | +109% |
| Trade debts | 44 | €2,302 | €3,906 | +€1,604 | +69.7% |
| Suppliers | 440/4 | €2,302 | €3,906 | +€1,604 | +69.7% |
| Taxes, remuneration and social security | 45 | €41,198 | €87,118 | +€45,919 | +111% |
| Taxes | 450/3 | €41,198 | €87,118 | +€45,919 | +111% |
| Accrued charges and deferred income | 492/3 | €7,860 | €10,900 | +€3,040 | +38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €213 | €2,644 | +€2,431 | +1,140% |
| Other operating charges | 640/8 | €1,468 | €2,409 | +€940 | +64.0% |
| Gross operating margin | 9900 | €119,315 | €137,944 | +€18,629 | +15.6% |
| Operating profit (loss) | 9901 | €117,633 | €132,892 | +€15,258 | +13.0% |
| Financial income | 75/76B | €574 | €1,460 | +€886 | +154% |
| Recurring financial income | 75 | €574 | €1,460 | +€886 | +154% |
| Financial charges | 65/66B | €68 | €365 | +€298 | +440% |
| Recurring financial charges | 65 | €68 | €365 | +€298 | +440% |
| Profit (loss) for the period before taxes | 9903 | €118,140 | €133,986 | +€15,847 | +13.4% |
| Income taxes | 67/77 | €36,982 | €45,190 | +€8,208 | +22.2% |
| Profit (loss) for the period | 9904 | €81,157 | €88,796 | +€7,638 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €81,157 | €88,796 | +€7,638 | +9.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.