CONRARDY'S: 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.
CONRARDY'S
Largest movements
- Receivables within one year -€41,243
down €41,243 (-75.2%), from €54,833 to €13,591
of which Trade receivables: -€36,422
- Cash +€21,819
up €21,819 (+96.8%), from €22,531 to €44,350
mainly Receivables within one year (+€41,243) and Trade debts (+€3,300)
- Stocks and contracts +€11,691
up €11,691 (+3.6%), from €322,570 to €334,262
- Other debts -€8,047
down €8,047 (-2.9%), from €280,819 to €272,771
- Tax, wage and social debts -€6,694
down €6,694 (-32.4%), from €20,636 to €13,942
- Gross operating margin -€13,935
down €13,935 (-48.8%), from €28,537 to €14,602
- Depreciation -€8,728
down €8,728 (-82.8%), from €10,536 to €1,808
- Taxes -€1,678
down €1,678 (-66.6%), from €2,521 to €843
- Other operating charges +€1,325
up €1,325 (+19.1%), from €6,933 to €8,258
- Financial charges +€643
up €643 (+175.2%), from €367 to €1,010
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 | €406,268 | €398,312 | -€7,956 | -2.0% |
| Fixed assets | 21/28 | €4,061 | €3,603 | -€458 | -11.3% |
| Tangible fixed assets | 22/27 | €3,861 | €3,403 | -€458 | -11.9% |
| Land and buildings | 22 | - | €1,332 | +€1,332 | |
| Plant, machinery and equipment | 23 | €2,499 | €2,071 | -€428 | -17.1% |
| Furniture and vehicles | 24 | €1,362 | €0 | -€1,362 | -100.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €402,206 | €394,709 | -€7,498 | -1.9% |
| Stocks and contracts in progress | 3 | €322,570 | €334,262 | +€11,691 | +3.6% |
| Stocks | 30/36 | €322,570 | €334,262 | +€11,691 | +3.6% |
| Amounts receivable within one year | 40/41 | €54,833 | €13,591 | -€41,243 | -75.2% |
| Trade receivables | 40 | €48,029 | €11,607 | -€36,422 | -75.8% |
| Other amounts receivable | 41 | €6,804 | €1,984 | -€4,820 | -70.8% |
| Cash at bank and in hand | 54/58 | €22,531 | €44,350 | +€21,819 | +96.8% |
| Deferred charges and accrued income | 490/1 | €2,272 | €2,506 | +€234 | +10.3% |
| Total equity and liabilities | 10/49 | €406,268 | €398,312 | -€7,956 | -2.0% |
| Equity | 10/15 | €92,912 | €95,700 | +€2,788 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €72,452 | €75,240 | +€2,788 | +3.8% |
| Amounts payable | 17/49 | €313,355 | €302,612 | -€10,744 | -3.4% |
| Amounts payable within one year | 42/48 | €313,355 | €301,914 | -€11,441 | -3.7% |
| Trade debts | 44 | €11,901 | €15,201 | +€3,300 | +27.7% |
| Suppliers | 440/4 | €11,901 | €15,201 | +€3,300 | +27.7% |
| Taxes, remuneration and social security | 45 | €20,636 | €13,942 | -€6,694 | -32.4% |
| Taxes | 450/3 | €20,636 | €13,942 | -€6,694 | -32.4% |
| Other amounts payable | 47/48 | €280,819 | €272,771 | -€8,047 | -2.9% |
| Accrued charges and deferred income | 492/3 | - | €697 | +€697 | |
| Non-recurring operating income | 76A | €0 | €1,815 | +€1,815 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,536 | €1,808 | -€8,728 | -82.8% |
| Other operating charges | 640/8 | €6,933 | €8,258 | +€1,325 | +19.1% |
| Non-recurring operating charges | 66A | €93 | €511 | +€418 | +448.8% |
| Gross operating margin | 9900 | €28,537 | €14,602 | -€13,935 | -48.8% |
| Operating profit (loss) | 9901 | €10,975 | €4,025 | -€6,950 | -63.3% |
| Financial income | 75/76B | €130 | €615 | +€486 | +374.4% |
| Recurring financial income | 75 | €130 | €615 | +€486 | +374.4% |
| Financial charges | 65/66B | €367 | €1,010 | +€643 | +175.2% |
| Recurring financial charges | 65 | €367 | €1,010 | +€643 | +175.2% |
| Profit (loss) for the period before taxes | 9903 | €10,738 | €3,630 | -€7,108 | -66.2% |
| Income taxes | 67/77 | €2,521 | €843 | -€1,678 | -66.6% |
| Profit (loss) for the period | 9904 | €8,217 | €2,788 | -€5,429 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,217 | €2,788 | -€5,429 | -66.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.