CONPAX: 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.
CONPAX
Largest movements
- Receivables within one year -€231,270
down €231,270 (-80.1%), from €288,656 to €57,386
of which Other amounts receivable: -€229,270
- Contributions -€197,980
down €197,980 (-66.0%), from €300,000 to €102,020
- Tax, wage and social debts -€31,344
down €31,344 (-95.7%), from €32,767 to €1,423
- Staff costs -€128,774
down €128,774 (-93.7%), from €137,362 to €8,587
- Gross operating margin -€128,601
down €128,601 (-90.5%), from €142,029 to €13,428
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,406 | €58,136 | -€231,270 | -79.9% |
| Fixed assets | 21/28 | €750 | €750 | = | 0.0% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €288,656 | €57,386 | -€231,270 | -80.1% |
| Amounts receivable within one year | 40/41 | €288,656 | €57,386 | -€231,270 | -80.1% |
| Trade receivables | 40 | €2,000 | - | -€2,000 | |
| Other amounts receivable | 41 | €286,656 | €57,386 | -€229,270 | -80.0% |
| Total equity and liabilities | 10/49 | €289,406 | €58,136 | -€231,270 | -79.9% |
| Equity | 10/15 | €252,505 | €52,542 | -€199,962 | -79.2% |
| Contributions | 10/11 | €300,000 | €102,020 | -€197,980 | -66.0% |
| Reserves | 13 | €3,060 | €1,041 | -€2,020 | -66.0% |
| Distributable reserves | 133 | €3,060 | €1,041 | -€2,020 | -66.0% |
| Profit (loss) carried forward | 14 | -€50,556 | -€50,518 | +€38 | +0.1% |
| Amounts payable | 17/49 | €36,901 | €5,594 | -€31,307 | -84.8% |
| Amounts payable within one year | 42/48 | €35,401 | €3,552 | -€31,849 | -90.0% |
| Trade debts | 44 | €1,737 | €1,570 | -€167 | -9.6% |
| Suppliers | 440/4 | €1,737 | €1,570 | -€167 | -9.6% |
| Taxes, remuneration and social security | 45 | €32,767 | €1,423 | -€31,344 | -95.7% |
| Taxes | 450/3 | €32,767 | €1,423 | -€31,344 | -95.7% |
| Other amounts payable | 47/48 | €897 | €559 | -€338 | -37.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €2,042 | +€542 | +36.2% |
| Remuneration, social security and pensions | 62 | €137,362 | €8,587 | -€128,774 | -93.7% |
| Other operating charges | 640/8 | €124 | €462 | +€338 | +272.4% |
| Gross operating margin | 9900 | €142,029 | €13,428 | -€128,601 | -90.5% |
| Operating profit (loss) | 9901 | €4,543 | €4,379 | -€165 | -3.6% |
| Financial income | 75/76B | €104 | €386 | +€282 | +272.5% |
| Recurring financial income | 75 | €104 | €386 | +€282 | +272.5% |
| Financial charges | 65/66B | €826 | €212 | -€614 | -74.3% |
| Recurring financial charges | 65 | €826 | €212 | -€614 | -74.3% |
| Profit (loss) for the period before taxes | 9903 | €3,821 | €4,552 | +€731 | +19.1% |
| Income taxes | 67/77 | €4,472 | €4,515 | +€42 | +0.9% |
| Profit (loss) for the period | 9904 | -€652 | €38 | +€689 | |
| Profit (loss) for the period to be appropriated | 9905 | -€652 | €38 | +€689 |
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 1 October 2026 via checked.be.