Conny Deneweth: 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.
Conny Deneweth
Largest movements
- Receivables within one year -€86,429
down €86,429 (-88.7%), from €97,442 to €11,014
of which Trade receivables: -€88,623
- Cash +€29,868
up €29,868 (+364.0%), from €8,206 to €38,075
mainly Receivables within one year (+€86,429) and Investment in fixed assets (net) (+€2,625)
- Financial fixed assets -€2,625
down €2,625 (-100.0%), from €2,625 to €0
- Other debts -€30,181
down €30,181 (-98.7%), from €30,566 to €384
- Tax, wage and social debts -€28,769
down €28,769 (-83.6%), from €34,402 to €5,633
- Profit (loss) carried forward -€1,662
down €1,662, from €0 to -€1,662
- Gross operating margin -€69,778
down €69,778 (-97.7%), from €71,413 to €1,635
- Taxes -€11,109
down €11,109 (-95.6%), from €11,615 to €506
- Other operating charges +€1,639
up €1,639 (+205.6%), from €797 to €2,436
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 | €110,267 | €49,688 | -€60,579 | -54.9% |
| Fixed assets | 21/28 | €3,457 | €519 | -€2,938 | -85.0% |
| Tangible fixed assets | 22/27 | €832 | €519 | -€313 | -37.6% |
| Furniture and vehicles | 24 | €832 | €519 | -€313 | -37.6% |
| Financial fixed assets | 28 | €2,625 | €0 | -€2,625 | -100.0% |
| Current assets | 29/58 | €106,810 | €49,168 | -€57,641 | -54.0% |
| Amounts receivable within one year | 40/41 | €97,442 | €11,014 | -€86,429 | -88.7% |
| Trade receivables | 40 | €97,142 | €8,520 | -€88,623 | -91.2% |
| Other amounts receivable | 41 | €300 | €2,494 | +€2,194 | +731.4% |
| Cash at bank and in hand | 54/58 | €8,206 | €38,075 | +€29,868 | +364.0% |
| Deferred charges and accrued income | 490/1 | €1,161 | €80 | -€1,081 | -93.1% |
| Total equity and liabilities | 10/49 | €110,267 | €49,688 | -€60,579 | -54.9% |
| Equity | 10/15 | €44,771 | €43,109 | -€1,662 | -3.7% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €20,771 | €20,771 | = | 0.0% |
| Distributable reserves | 133 | €20,771 | €20,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,662 | -€1,662 | |
| Amounts payable | 17/49 | €65,496 | €6,578 | -€58,918 | -90.0% |
| Amounts payable within one year | 42/48 | €65,496 | €6,418 | -€59,078 | -90.2% |
| Trade debts | 44 | €529 | €401 | -€127 | -24.1% |
| Suppliers | 440/4 | €529 | €401 | -€127 | -24.1% |
| Taxes, remuneration and social security | 45 | €34,402 | €5,633 | -€28,769 | -83.6% |
| Taxes | 450/3 | €34,402 | €5,633 | -€28,769 | -83.6% |
| Other amounts payable | 47/48 | €30,566 | €384 | -€30,181 | -98.7% |
| Accrued charges and deferred income | 492/3 | - | €160 | +€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €313 | +€206 | +192.1% |
| Other operating charges | 640/8 | €797 | €2,436 | +€1,639 | +205.6% |
| Gross operating margin | 9900 | €71,413 | €1,635 | -€69,778 | -97.7% |
| Operating profit (loss) | 9901 | €70,509 | -€1,114 | -€71,623 | |
| Financial income | 75/76B | €2 | €30 | +€28 | +1260.7% |
| Recurring financial income | 75 | €2 | €30 | +€28 | +1260.7% |
| Financial charges | 65/66B | €72 | €72 | +€0 | +0.4% |
| Recurring financial charges | 65 | €72 | €72 | +€0 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €70,439 | -€1,156 | -€71,595 | |
| Income taxes | 67/77 | €11,615 | €506 | -€11,109 | -95.6% |
| Profit (loss) for the period | 9904 | €58,825 | -€1,662 | -€60,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,825 | -€1,662 | -€60,486 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.