CONNECTO SERVICE: 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.
CONNECTO SERVICE
Largest movements
- Tangible fixed assets -€5,688
down €5,688 (-2.1%), from €267,239 to €261,551
of which Furniture and vehicles: -€5,688
- Receivables within one year +€4,382
up €4,382 (+39.0%), from €11,241 to €15,623
of which Trade receivables: +€3,633
- Deferred charges and accrued income +€3,721
up €3,721 (+159%), from €2,342 to €6,062
- Debts after one year -€31,227
down €31,227 (-11.0%), from €283,827 to €252,600
- Other debts +€16,678
up €16,678 (+1,218%), from €1,370 to €18,047
- Profit (loss) carried forward +€13,102
up €13,102 (+25.8%), from -€50,737 to -€37,635
- Trade debts +€3,211
up €3,211 (+278%), from €1,156 to €4,367
- Gross operating margin +€14,149
up €14,149 (+61.8%), from €22,897 to €37,046
- Depreciation -€8,642
down €8,642 (-56.3%), from €15,339 to €6,696
- Taxes +€3,036
up €3,036 (+425%), from €714 to €3,750
- Other operating charges +€387
up €387 (+7.5%), from €5,147 to €5,534
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 | €292,124 | €292,271 | +€147 | +0.1% |
| Fixed assets | 21/28 | €267,239 | €261,551 | -€5,688 | -2.1% |
| Tangible fixed assets | 22/27 | €267,239 | €261,551 | -€5,688 | -2.1% |
| Land and buildings | 22 | €255,215 | €255,215 | = | 0.0% |
| Furniture and vehicles | 24 | €12,025 | €6,336 | -€5,688 | -47.3% |
| Current assets | 29/58 | €24,885 | €30,720 | +€5,835 | +23.4% |
| Amounts receivable within one year | 40/41 | €11,241 | €15,623 | +€4,382 | +39.0% |
| Trade receivables | 40 | €11,241 | €14,873 | +€3,633 | +32.3% |
| Other amounts receivable | 41 | - | €750 | +€750 | |
| Cash at bank and in hand | 54/58 | €11,302 | €9,034 | -€2,268 | -20.1% |
| Deferred charges and accrued income | 490/1 | €2,342 | €6,062 | +€3,721 | +159% |
| Total equity and liabilities | 10/49 | €292,124 | €292,271 | +€147 | +0.1% |
| Equity | 10/15 | -€13,737 | -€635 | +€13,102 | +95.4% |
| Contributions | 10/11 | €37,000 | €37,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,737 | -€37,635 | +€13,102 | +25.8% |
| Amounts payable | 17/49 | €305,861 | €292,905 | -€12,955 | -4.2% |
| Amounts payable after more than one year | 17 | €283,827 | €252,600 | -€31,227 | -11.0% |
| Financial debts | 170/4 | €283,827 | €252,600 | -€31,227 | -11.0% |
| Amounts payable within one year | 42/48 | €22,034 | €40,306 | +€18,272 | +82.9% |
| Current portion of amounts payable after more than one year | 42 | €15,294 | €14,241 | -€1,053 | -6.9% |
| Trade debts | 44 | €1,156 | €4,367 | +€3,211 | +278% |
| Suppliers | 440/4 | €1,156 | €4,367 | +€3,211 | +278% |
| Advances received on contracts in progress | 46 | - | €747 | +€747 | |
| Taxes, remuneration and social security | 45 | €4,214 | €2,903 | -€1,311 | -31.1% |
| Taxes | 450/3 | €714 | €2,903 | +€2,189 | +306% |
| Remuneration and social security | 454/9 | €3,500 | €0 | -€3,500 | -100% |
| Other amounts payable | 47/48 | €1,370 | €18,047 | +€16,678 | +1,218% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,339 | €6,696 | -€8,642 | -56.3% |
| Other operating charges | 640/8 | €5,147 | €5,534 | +€387 | +7.5% |
| Gross operating margin | 9900 | €22,897 | €37,046 | +€14,149 | +61.8% |
| Operating profit (loss) | 9901 | €2,411 | €24,815 | +€22,404 | +929% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €8,060 | €7,963 | -€96 | -1.2% |
| Recurring financial charges | 65 | €8,060 | €7,963 | -€96 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,649 | €16,852 | +€22,501 | |
| Income taxes | 67/77 | €714 | €3,750 | +€3,036 | +425% |
| Profit (loss) for the period | 9904 | -€6,363 | €13,102 | +€19,465 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,363 | €13,102 | +€19,465 |
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 25 October 2026 via checked.be.