CONO BELGIË: what changed
CONO BELGIË
Largest movements
- Cash -€329,869
down €329,869 (-61.2%), from €539,359 to €209,490
mainly Trade debts (-€315,909) and Tax, wage and social debts (-€25,713)
- Receivables within one year +€9,469
up €9,469 (+2.7%), from €346,140 to €355,610
of which Trade receivables: +€7,879
- Trade debts -€315,909
down €315,909 (-74.5%), from €424,035 to €108,126
- Tax, wage and social debts -€25,713
down €25,713 (-96.7%), from €26,594 to €880
of which Remuneration and social security: -€19,334
- Reserves +€25,000
up €25,000 (+7.8%), from €320,000 to €345,000
- Staff costs +€28,307
up €28,307 (+29.5%), from €95,796 to €124,103
- Taxes -€7,464
down €7,464 (-43.5%), from €17,172 to €9,708
- Depreciation -€5,879
no longer reported in 2025 (was €5,879)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €885,500 | €565,100 | -€320,399 | -36.2% |
| Current assets | 29/58 | €885,500 | €565,100 | -€320,399 | -36.2% |
| Amounts receivable within one year | 40/41 | €346,140 | €355,610 | +€9,469 | +2.7% |
| Trade receivables | 40 | €299,565 | €307,445 | +€7,879 | +2.6% |
| Other amounts receivable | 41 | €46,575 | €48,165 | +€1,590 | +3.4% |
| Cash at bank and in hand | 54/58 | €539,359 | €209,490 | -€329,869 | -61.2% |
| Total equity and liabilities | 10/49 | €885,500 | €565,100 | -€320,399 | -36.2% |
| Equity | 10/15 | €345,321 | €372,844 | +€27,523 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €320,000 | €345,000 | +€25,000 | +7.8% |
| Distributable reserves | 133 | €320,000 | €345,000 | +€25,000 | +7.8% |
| Profit (loss) carried forward | 14 | €6,721 | €9,244 | +€2,523 | +37.5% |
| Amounts payable | 17/49 | €540,179 | €192,256 | -€347,922 | -64.4% |
| Amounts payable within one year | 42/48 | €540,179 | €192,256 | -€347,922 | -64.4% |
| Trade debts | 44 | €424,035 | €108,126 | -€315,909 | -74.5% |
| Suppliers | 440/4 | €424,035 | €108,126 | -€315,909 | -74.5% |
| Taxes, remuneration and social security | 45 | €26,594 | €880 | -€25,713 | -96.7% |
| Taxes | 450/3 | €7,260 | €880 | -€6,380 | -87.9% |
| Remuneration and social security | 454/9 | €19,334 | - | -€19,334 | |
| Other amounts payable | 47/48 | €89,550 | €83,250 | -€6,300 | -7.0% |
| Non-recurring operating income | 76A | - | €4,900 | +€4,900 | |
| Remuneration, social security and pensions | 62 | €95,796 | €124,103 | +€28,307 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,879 | - | -€5,879 | |
| Other operating charges | 640/8 | €2,269 | €1,652 | -€618 | -27.2% |
| Gross operating margin | 9900 | €162,885 | €163,122 | +€237 | +0.1% |
| Operating profit (loss) | 9901 | €58,940 | €37,367 | -€21,573 | -36.6% |
| Financial income | 75/76B | €0 | €1 | +€1 | +970% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +970% |
| Financial charges | 65/66B | €145 | €137 | -€8 | -5.5% |
| Recurring financial charges | 65 | €145 | €137 | -€8 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €58,796 | €37,231 | -€21,564 | -36.7% |
| Income taxes | 67/77 | €17,172 | €9,708 | -€7,464 | -43.5% |
| Profit (loss) for the period | 9904 | €41,624 | €27,523 | -€14,101 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,624 | €27,523 | -€14,101 | -33.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.