Conneqtr: 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.
Conneqtr
Largest movements
- Cash +€251,516
up €251,516 (+75.9%), from €331,355 to €582,871
mainly Accrued charges and deferred income (+€518,773) and Depreciation (+€382,698)
- Intangible fixed assets +€191,446
up €191,446 (+17.6%), from €1.1m to €1.3m
- Receivables within one year +€129,070
up €129,070 (+59.6%), from €216,703 to €345,773
of which Trade receivables: +€109,223
- Accrued charges and deferred income +€518,773
up €518,773 (+98.2%), from €528,332 to €1.0m
- Tax, wage and social debts +€104,711
up €104,711 (+61.9%), from €169,154 to €273,865
of which Taxes: +€71,737
- Trade debts +€52,085
up €52,085 (+60.2%), from €86,483 to €138,567
- Profit (loss) carried forward -€39,083
down €39,083 (-7.6%), from -€511,260 to -€550,342
- Debts after one year -€35,691
down €35,691 (-5.4%), from €660,313 to €624,622
- Gross operating margin +€393,962
up €393,962 (+52.1%), from €756,610 to €1.2m
- Staff costs +€210,275
up €210,275 (+35.4%), from €593,517 to €803,792
- Depreciation +€110,472
up €110,472 (+40.6%), from €272,225 to €382,698
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 | €1,679,764 | €2,279,044 | +€599,281 | +35.7% |
| Fixed assets | 21/28 | €1,107,032 | €1,308,006 | +€200,974 | +18.2% |
| Intangible fixed assets | 21 | €1,090,835 | €1,282,281 | +€191,446 | +17.6% |
| Tangible fixed assets | 22/27 | €16,197 | €25,725 | +€9,528 | +58.8% |
| Plant, machinery and equipment | 23 | - | €2,015 | +€2,015 | |
| Furniture and vehicles | 24 | €16,197 | €23,710 | +€7,513 | +46.4% |
| Current assets | 29/58 | €572,732 | €971,039 | +€398,306 | +69.5% |
| Amounts receivable within one year | 40/41 | €216,703 | €345,773 | +€129,070 | +59.6% |
| Trade receivables | 40 | €195,574 | €304,796 | +€109,223 | +55.8% |
| Other amounts receivable | 41 | €21,130 | €40,977 | +€19,847 | +93.9% |
| Cash at bank and in hand | 54/58 | €331,355 | €582,871 | +€251,516 | +75.9% |
| Deferred charges and accrued income | 490/1 | €24,674 | €42,395 | +€17,721 | +71.8% |
| Total equity and liabilities | 10/49 | €1,679,764 | €2,279,044 | +€599,281 | +35.7% |
| Equity | 10/15 | €228,740 | €189,658 | -€39,083 | -17.1% |
| Contributions | 10/11 | €740,000 | €740,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€511,260 | -€550,342 | -€39,083 | -7.6% |
| Amounts payable | 17/49 | €1,451,023 | €2,089,387 | +€638,364 | +44.0% |
| Amounts payable after more than one year | 17 | €660,313 | €624,622 | -€35,691 | -5.4% |
| Financial debts | 170/4 | €660,313 | €624,622 | -€35,691 | -5.4% |
| Amounts payable within one year | 42/48 | €262,378 | €417,660 | +€155,282 | +59.2% |
| Financial debts | 43 | €6,742 | €5,228 | -€1,514 | -22.5% |
| Credit institutions | 430/8 | €6,742 | €5,228 | -€1,514 | -22.5% |
| Trade debts | 44 | €86,483 | €138,567 | +€52,085 | +60.2% |
| Suppliers | 440/4 | €86,483 | €138,567 | +€52,085 | +60.2% |
| Taxes, remuneration and social security | 45 | €169,154 | €273,865 | +€104,711 | +61.9% |
| Taxes | 450/3 | €32,814 | €104,552 | +€71,737 | +218.6% |
| Remuneration and social security | 454/9 | €136,339 | €169,313 | +€32,974 | +24.2% |
| Accrued charges and deferred income | 492/3 | €528,332 | €1,047,105 | +€518,773 | +98.2% |
| Non-recurring operating income | 76A | €25 | €0 | -€25 | -100.0% |
| Remuneration, social security and pensions | 62 | €593,517 | €803,792 | +€210,275 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272,225 | €382,698 | +€110,472 | +40.6% |
| Other operating charges | 640/8 | €828 | €1,465 | +€637 | +77.0% |
| Gross operating margin | 9900 | €756,610 | €1,150,572 | +€393,962 | +52.1% |
| Operating profit (loss) | 9901 | -€109,960 | -€37,383 | +€72,578 | +66.0% |
| Financial income | 75/76B | €4 | €35 | +€31 | +768.6% |
| Recurring financial income | 75 | €4 | €35 | +€31 | +768.6% |
| Financial charges | 65/66B | €19,173 | €20,738 | +€1,565 | +8.2% |
| Recurring financial charges | 65 | €19,173 | €20,738 | +€1,565 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€129,129 | -€58,085 | +€71,044 | +55.0% |
| Income taxes | 67/77 | -€20,675 | -€19,002 | +€1,673 | +8.1% |
| Profit (loss) for the period | 9904 | -€108,454 | -€39,083 | +€69,371 | +64.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€108,454 | -€39,083 | +€69,371 | +64.0% |
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 9 October 2026 via checked.be.