CONNEXON: 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.
CONNEXON
Largest movements
- Cash +€1,824
up €1,824 (+5.4%), from €34,066 to €35,890
mainly Other debts (+€1,241) and Net result for the year (+€1,010)
- Other debts +€1,241
up €1,241 (+3.8%), from €32,855 to €34,096
- Profit (loss) carried forward +€1,010
up €1,010 (+5.0%), from -€20,101 to -€19,091
- Tax, wage and social debts -€684
down €684 (-79.4%), from €861 to €177
- Gross operating margin +€875
up €875 (+91.0%), from €962 to €1,837
- Other operating charges +€163
up €163 (+28.2%), from €578 to €741
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 | €34,066 | €35,890 | +€1,824 | +5.4% |
| Current assets | 29/58 | €34,066 | €35,890 | +€1,824 | +5.4% |
| Cash at bank and in hand | 54/58 | €34,066 | €35,890 | +€1,824 | +5.4% |
| Total equity and liabilities | 10/49 | €34,066 | €35,890 | +€1,824 | +5.4% |
| Equity | 10/15 | €350 | €1,360 | +€1,010 | +289% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,101 | -€19,091 | +€1,010 | +5.0% |
| Amounts payable | 17/49 | €33,716 | €34,530 | +€814 | +2.4% |
| Amounts payable within one year | 42/48 | €33,716 | €34,530 | +€814 | +2.4% |
| Trade debts | 44 | - | €257 | +€257 | |
| Suppliers | 440/4 | - | €257 | +€257 | |
| Taxes, remuneration and social security | 45 | €861 | €177 | -€684 | -79.4% |
| Taxes | 450/3 | €861 | €177 | -€684 | -79.4% |
| Other amounts payable | 47/48 | €32,855 | €34,096 | +€1,241 | +3.8% |
| Other operating charges | 640/8 | €578 | €741 | +€163 | +28.2% |
| Gross operating margin | 9900 | €962 | €1,837 | +€875 | +91.0% |
| Operating profit (loss) | 9901 | €384 | €1,096 | +€712 | +185% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €108 | €99 | -€9 | -8.3% |
| Recurring financial charges | 65 | €108 | €99 | -€9 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €276 | €1,010 | +€734 | +266% |
| Profit (loss) for the period | 9904 | €276 | €1,010 | +€734 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €276 | €1,010 | +€734 | +266% |
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 16 October 2026 via checked.be.