Connectra: 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.
Connectra
Largest movements
- Cash -€76,954
down €76,954 (-97.6%), from €78,834 to €1,880
mainly Trade debts (-€179,000) and Net result for the year (-€36,858)
- Receivables within one year -€64,425
down €64,425 (-19.9%), from €323,868 to €259,442
of which Trade receivables: -€91,031
- Tangible fixed assets -€33,351
down €33,351 (-20.5%), from €162,515 to €129,163
of which Leasing and similar rights: -€25,075
- Trade debts -€179,000
down €179,000 (-80.6%), from €221,991 to €42,991
- Tax, wage and social debts +€87,392
up €87,392 (+154.4%), from €56,592 to €143,984
of which Remuneration and social security: +€85,783
- Profit (loss) carried forward -€36,858
down €36,858 (-21.6%), from €170,857 to €134,000
- Debts after one year -€27,318
down €27,318 (-31.7%), from €86,247 to €58,929
- Current portion of long-term debt -€17,184
down €17,184 (-38.1%), from €45,045 to €27,862
- Staff costs +€148,190
up €148,190 (+74.6%), from €198,522 to €346,712
- Gross operating margin +€55,852
up €55,852 (+15.5%), from €360,607 to €416,460
- Taxes -€23,386
down €23,386 (-96.6%), from €24,202 to €816
- Financial charges +€15,813
up €15,813 (+434.3%), from €3,641 to €19,454
- Other operating charges +€15,179
up €15,179 (+243.5%), from €6,233 to €21,412
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 | €586,733 | €414,721 | -€172,012 | -29.3% |
| Fixed assets | 21/28 | €171,580 | €138,228 | -€33,351 | -19.4% |
| Tangible fixed assets | 22/27 | €162,515 | €129,163 | -€33,351 | -20.5% |
| Plant, machinery and equipment | 23 | €2,080 | €13,656 | +€11,576 | +556.4% |
| Furniture and vehicles | 24 | €93,703 | €73,851 | -€19,852 | -21.2% |
| Leasing and similar rights | 25 | €66,731 | €41,656 | -€25,075 | -37.6% |
| Financial fixed assets | 28 | €9,065 | €9,065 | = | 0.0% |
| Current assets | 29/58 | €415,154 | €276,493 | -€138,660 | -33.4% |
| Amounts receivable within one year | 40/41 | €323,868 | €259,442 | -€64,425 | -19.9% |
| Trade receivables | 40 | €294,920 | €203,889 | -€91,031 | -30.9% |
| Other amounts receivable | 41 | €28,948 | €55,553 | +€26,606 | +91.9% |
| Cash at bank and in hand | 54/58 | €78,834 | €1,880 | -€76,954 | -97.6% |
| Deferred charges and accrued income | 490/1 | €12,452 | €15,170 | +€2,719 | +21.8% |
| Total equity and liabilities | 10/49 | €586,733 | €414,721 | -€172,012 | -29.3% |
| Equity | 10/15 | €176,857 | €140,000 | -€36,858 | -20.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,857 | €134,000 | -€36,858 | -21.6% |
| Amounts payable | 17/49 | €409,876 | €274,721 | -€135,154 | -33.0% |
| Amounts payable after more than one year | 17 | €86,247 | €58,929 | -€27,318 | -31.7% |
| Financial debts | 170/4 | €86,247 | €58,929 | -€27,318 | -31.7% |
| Amounts payable within one year | 42/48 | €323,628 | €215,792 | -€107,836 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €45,045 | €27,862 | -€17,184 | -38.1% |
| Trade debts | 44 | €221,991 | €42,991 | -€179,000 | -80.6% |
| Suppliers | 440/4 | €221,991 | €42,991 | -€179,000 | -80.6% |
| Taxes, remuneration and social security | 45 | €56,592 | €143,984 | +€87,392 | +154.4% |
| Taxes | 450/3 | €42,359 | €43,968 | +€1,609 | +3.8% |
| Remuneration and social security | 454/9 | €14,233 | €100,017 | +€85,783 | +602.7% |
| Other amounts payable | 47/48 | - | €955 | +€955 | |
| Non-recurring operating income | 76A | - | €3,344 | +€3,344 | |
| Remuneration, social security and pensions | 62 | €198,522 | €346,712 | +€148,190 | +74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,637 | €66,682 | +€11,045 | +19.9% |
| Other operating charges | 640/8 | €6,233 | €21,412 | +€15,179 | +243.5% |
| Non-recurring operating charges | 66A | - | €216 | +€216 | |
| Gross operating margin | 9900 | €360,607 | €416,460 | +€55,852 | +15.5% |
| Operating profit (loss) | 9901 | €100,215 | -€18,562 | -€118,777 | |
| Financial income | 75/76B | €15 | €1,975 | +€1,960 | +13065.4% |
| Recurring financial income | 75 | €15 | €1,975 | +€1,960 | +13065.4% |
| Financial charges | 65/66B | €3,641 | €19,454 | +€15,813 | +434.3% |
| Recurring financial charges | 65 | €3,641 | €19,454 | +€15,813 | +434.3% |
| Profit (loss) for the period before taxes | 9903 | €96,589 | -€36,042 | -€132,630 | |
| Income taxes | 67/77 | €24,202 | €816 | -€23,386 | -96.6% |
| Profit (loss) for the period | 9904 | €72,386 | -€36,858 | -€109,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,386 | -€36,858 | -€109,244 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.