Conoverz: 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.
Conoverz
Largest movements
- Current investments -€40,000
down €40,000 (-45.9%), from €87,172 to €47,172
- Cash +€26,694
up €26,694 (+70.9%), from €37,676 to €64,371
mainly Current investments (+€40,000) and Net result for the year (+€21,527)
- Tangible fixed assets -€4,057
down €4,057 (-36.1%), from €11,232 to €7,175
of which Plant, machinery and equipment: -€2,487
- Receivables within one year +€2,983
up €2,983 (+266.1%), from €1,121 to €4,104
- Profit (loss) carried forward -€49,973
down €49,973 (-90.8%), from €55,025 to €5,052
- Reserves +€21,500
up €21,500 (+49.4%), from €43,500 to €65,000
- Other debts +€14,000
up €14,000 (+38.9%), from €36,000 to €50,000
- Gross operating margin -€5,095
down €5,095 (-14.0%), from €36,418 to €31,323
- Financial income +€2,176
up €2,176 (+128.1%), from €1,699 to €3,875
- Taxes -€1,473
down €1,473 (-15.4%), from €9,574 to €8,100
- Other operating charges +€800
up €800 (+590.4%), from €136 to €936
- Depreciation +€414
up €414 (+11.4%), from €3,643 to €4,057
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 | €138,534 | €124,418 | -€14,117 | -10.2% |
| Fixed assets | 21/28 | €12,565 | €8,508 | -€4,057 | -32.3% |
| Tangible fixed assets | 22/27 | €11,232 | €7,175 | -€4,057 | -36.1% |
| Plant, machinery and equipment | 23 | €7,125 | €4,639 | -€2,487 | -34.9% |
| Furniture and vehicles | 24 | €4,106 | €2,536 | -€1,570 | -38.2% |
| Financial fixed assets | 28 | €1,333 | €1,333 | = | 0.0% |
| Current assets | 29/58 | €125,969 | €115,909 | -€10,060 | -8.0% |
| Amounts receivable within one year | 40/41 | €1,121 | €4,104 | +€2,983 | +266.1% |
| Other amounts receivable | 41 | €1,121 | €4,104 | +€2,983 | +266.1% |
| Current investments | 50/53 | €87,172 | €47,172 | -€40,000 | -45.9% |
| Cash at bank and in hand | 54/58 | €37,676 | €64,371 | +€26,694 | +70.9% |
| Deferred charges and accrued income | 490/1 | - | €263 | +€263 | |
| Total equity and liabilities | 10/49 | €138,534 | €124,418 | -€14,117 | -10.2% |
| Equity | 10/15 | €101,525 | €73,052 | -€28,473 | -28.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €43,500 | €65,000 | +€21,500 | +49.4% |
| Distributable reserves | 133 | €43,500 | €65,000 | +€21,500 | +49.4% |
| Profit (loss) carried forward | 14 | €55,025 | €5,052 | -€49,973 | -90.8% |
| Amounts payable | 17/49 | €37,009 | €51,366 | +€14,357 | +38.8% |
| Amounts payable within one year | 42/48 | €36,812 | €51,366 | +€14,554 | +39.5% |
| Trade debts | 44 | €812 | €1,366 | +€554 | +68.2% |
| Suppliers | 440/4 | €812 | €1,366 | +€554 | +68.2% |
| Other amounts payable | 47/48 | €36,000 | €50,000 | +€14,000 | +38.9% |
| Accrued charges and deferred income | 492/3 | €197 | - | -€197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,643 | €4,057 | +€414 | +11.4% |
| Other operating charges | 640/8 | €136 | €936 | +€800 | +590.4% |
| Gross operating margin | 9900 | €36,418 | €31,323 | -€5,095 | -14.0% |
| Operating profit (loss) | 9901 | €32,640 | €26,331 | -€6,309 | -19.3% |
| Financial income | 75/76B | €1,699 | €3,875 | +€2,176 | +128.1% |
| Recurring financial income | 75 | €1,699 | €3,875 | +€2,176 | +128.1% |
| Financial charges | 65/66B | €927 | €578 | -€348 | -37.6% |
| Recurring financial charges | 65 | €927 | €578 | -€348 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €33,412 | €29,627 | -€3,785 | -11.3% |
| Income taxes | 67/77 | €9,574 | €8,100 | -€1,473 | -15.4% |
| Profit (loss) for the period | 9904 | €23,839 | €21,527 | -€2,312 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,839 | €21,527 | -€2,312 | -9.7% |
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 6 October 2026 via checked.be.