ConnecTine: 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.
ConnecTine
Largest movements
- Cash +€19,901
up €19,901 (+26.5%), from €74,977 to €94,879
mainly Net result for the year (+€21,076) and Other debts (+€9,362)
- Receivables within one year +€3,158
up €3,158 (+54.0%), from €5,845 to €9,002
- Tangible fixed assets -€1,588
down €1,588 (-13.4%), from €11,806 to €10,218
- Reserves +€21,076
up €21,076 (+33.0%), from €63,852 to €84,928
- Tax, wage and social debts -€9,512
down €9,512 (-70.1%), from €13,565 to €4,054
- Other debts +€9,362
up €9,362 (+19.0%), from €49,267 to €58,629
- Gross operating margin -€12,488
down €12,488 (-27.8%), from €44,957 to €32,470
- Taxes -€2,798
down €2,798 (-24.4%), from €11,472 to €8,675
- Financial income +€1,050
new in 2025: €1,050
- Other operating charges +€531
up €531 (+145.2%), from €366 to €897
- Financial charges -€457
down €457 (-26.3%), from €1,741 to €1,284
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 | €129,184 | €150,636 | +€21,452 | +16.6% |
| Fixed assets | 21/28 | €11,806 | €10,218 | -€1,588 | -13.4% |
| Tangible fixed assets | 22/27 | €11,806 | €10,218 | -€1,588 | -13.4% |
| Other tangible fixed assets | 26 | €11,806 | €10,218 | -€1,588 | -13.4% |
| Current assets | 29/58 | €117,378 | €140,418 | +€23,040 | +19.6% |
| Amounts receivable within one year | 40/41 | €5,845 | €9,002 | +€3,158 | +54.0% |
| Trade receivables | 40 | €5,845 | €9,002 | +€3,158 | +54.0% |
| Current investments | 50/53 | €35,000 | €35,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €74,977 | €94,879 | +€19,901 | +26.5% |
| Deferred charges and accrued income | 490/1 | €1,556 | €1,538 | -€19 | -1.2% |
| Total equity and liabilities | 10/49 | €129,184 | €150,636 | +€21,452 | +16.6% |
| Equity | 10/15 | €66,352 | €87,428 | +€21,076 | +31.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €63,852 | €84,928 | +€21,076 | +33.0% |
| Distributable reserves | 133 | €63,852 | €84,928 | +€21,076 | +33.0% |
| Amounts payable | 17/49 | €62,833 | €63,208 | +€376 | +0.6% |
| Amounts payable within one year | 42/48 | €62,833 | €63,208 | +€376 | +0.6% |
| Trade debts | 44 | €0 | €525 | +€525 | |
| Suppliers | 440/4 | €0 | €525 | +€525 | |
| Taxes, remuneration and social security | 45 | €13,565 | €4,054 | -€9,512 | -70.1% |
| Taxes | 450/3 | €13,565 | €4,054 | -€9,512 | -70.1% |
| Other amounts payable | 47/48 | €49,267 | €58,629 | +€9,362 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,588 | €1,588 | = | 0.0% |
| Other operating charges | 640/8 | €366 | €897 | +€531 | +145.2% |
| Gross operating margin | 9900 | €44,957 | €32,470 | -€12,488 | -27.8% |
| Operating profit (loss) | 9901 | €43,004 | €29,985 | -€13,019 | -30.3% |
| Financial income | 75/76B | - | €1,050 | +€1,050 | |
| Recurring financial income | 75 | - | €1,050 | +€1,050 | |
| Financial charges | 65/66B | €1,741 | €1,284 | -€457 | -26.3% |
| Recurring financial charges | 65 | €1,741 | €1,284 | -€457 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €41,263 | €29,751 | -€11,512 | -27.9% |
| Income taxes | 67/77 | €11,472 | €8,675 | -€2,798 | -24.4% |
| Profit (loss) for the period | 9904 | €29,791 | €21,076 | -€8,714 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,791 | €21,076 | -€8,714 | -29.3% |
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 3 October 2026 via checked.be.