CONRAIL 15: 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.
CONRAIL 15
Largest movements
- Tangible fixed assets +€33,432
up €33,432 (+1254.8%), from €2,664 to €36,096
of which Furniture and vehicles: +€33,638
- Receivables within one year -€32,906
down €32,906 (-21.3%), from €154,734 to €121,829
of which Trade receivables: -€44,222
- Cash -€17,517
down €17,517 (-22.5%), from €77,709 to €60,192
mainly Investment in fixed assets (net) (-€43,000) and Tax, wage and social debts (-€14,320)
- Tax, wage and social debts -€14,320
down €14,320 (-44.3%), from €32,352 to €18,031
of which Remuneration and social security: -€14,320
- Gross operating margin -€18,190
down €18,190 (-40.2%), from €45,240 to €27,050
- Taxes +€16,560
up €16,560 (+662.4%), from €2,500 to €19,060
- Depreciation +€8,083
up €8,083 (+544.2%), from €1,485 to €9,568
- Staff costs -€1,381
down €1,381 (-74.6%), from €1,849 to €469
- Financial charges +€913
up €913 (+677.0%), from €135 to €1,048
of which Non-recurring financial charges: +€642
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,217 | €219,262 | -€16,955 | -7.2% |
| Fixed assets | 21/28 | €2,664 | €36,096 | +€33,432 | +1254.8% |
| Tangible fixed assets | 22/27 | €2,664 | €36,096 | +€33,432 | +1254.8% |
| Plant, machinery and equipment | 23 | €453 | €246 | -€207 | -45.6% |
| Furniture and vehicles | 24 | €2,211 | €35,850 | +€33,638 | +1521.1% |
| Current assets | 29/58 | €233,553 | €183,166 | -€50,387 | -21.6% |
| Amounts receivable within one year | 40/41 | €154,734 | €121,829 | -€32,906 | -21.3% |
| Trade receivables | 40 | €124,726 | €80,504 | -€44,222 | -35.5% |
| Other amounts receivable | 41 | €30,008 | €41,325 | +€11,317 | +37.7% |
| Cash at bank and in hand | 54/58 | €77,709 | €60,192 | -€17,517 | -22.5% |
| Deferred charges and accrued income | 490/1 | €1,109 | €1,145 | +€36 | +3.2% |
| Total equity and liabilities | 10/49 | €236,217 | €219,262 | -€16,955 | -7.2% |
| Equity | 10/15 | €203,550 | €201,231 | -€2,320 | -1.1% |
| Contributions | 10/11 | €16,838 | €16,838 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,852 | €182,533 | -€2,320 | -1.3% |
| Amounts payable | 17/49 | €32,667 | €18,031 | -€14,636 | -44.8% |
| Amounts payable within one year | 42/48 | €32,667 | €18,031 | -€14,636 | -44.8% |
| Trade debts | 44 | €315 | - | -€315 | |
| Suppliers | 440/4 | €315 | - | -€315 | |
| Taxes, remuneration and social security | 45 | €32,352 | €18,031 | -€14,320 | -44.3% |
| Taxes | 450/3 | €12,337 | €12,337 | = | 0.0% |
| Remuneration and social security | 454/9 | €20,015 | €5,694 | -€14,320 | -71.6% |
| Remuneration, social security and pensions | 62 | €1,849 | €469 | -€1,381 | -74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,485 | €9,568 | +€8,083 | +544.2% |
| Other operating charges | 640/8 | €577 | €543 | -€34 | -5.9% |
| Gross operating margin | 9900 | €45,240 | €27,050 | -€18,190 | -40.2% |
| Operating profit (loss) | 9901 | €41,328 | €16,470 | -€24,858 | -60.1% |
| Financial income | 75/76B | €591 | €1,318 | +€727 | +123.0% |
| Recurring financial income | 75 | €591 | €1,318 | +€727 | +123.0% |
| Financial charges | 65/66B | €135 | €1,048 | +€913 | +677.0% |
| Recurring financial charges | 65 | €135 | €405 | +€271 | +200.7% |
| Non-recurring financial charges | 66B | - | €642 | +€642 | |
| Profit (loss) for the period before taxes | 9903 | €41,784 | €16,741 | -€25,044 | -59.9% |
| Income taxes | 67/77 | €2,500 | €19,060 | +€16,560 | +662.4% |
| Profit (loss) for the period | 9904 | €39,284 | -€2,320 | -€41,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,284 | -€2,320 | -€41,604 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.