CONRES: 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.
CONRES
Largest movements
- Cash +€726,244
up €726,244 (+1271.0%), from €57,139 to €783,383
mainly Net result for the year (+€742,811) and Tax, wage and social debts (+€64,605)
- Tangible fixed assets -€31,185
down €31,185 (-5.0%), from €619,029 to €587,845
of which Land and buildings: -€29,606
- Receivables within one year -€21,036
down €21,036 (-24.1%), from €87,308 to €66,273
of which Other amounts receivable: -€12,330
- Reserves +€742,793
up €742,793 (+143.3%), from €518,471 to €1.3m
of which Distributable reserves: +€746,850
- Other debts -€90,000
down €90,000 (-88.5%), from €101,666 to €11,666
- Tax, wage and social debts +€64,605
up €64,605 (+81.0%), from €79,715 to €144,320
- Debts after one year -€40,518
down €40,518 (-12.2%), from €332,774 to €292,256
- Financial income +€776,756
up €776,756 (+21516798.6%), from €4 to €776,760
- Taxes +€74,766
up €74,766 (+200.2%), from €37,344 to €112,110
- Gross operating margin -€15,418
down €15,418 (-11.1%), from €139,008 to €123,590
- Other operating charges -€3,331
down €3,331 (-48.7%), from €6,842 to €3,511
- Depreciation +€2,585
up €2,585 (+8.0%), from €32,335 to €34,920
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 | €1,200,762 | €1,883,168 | +€682,406 | +56.8% |
| Fixed assets | 21/28 | €1,055,156 | €1,028,633 | -€26,523 | -2.5% |
| Tangible fixed assets | 22/27 | €619,029 | €587,845 | -€31,185 | -5.0% |
| Land and buildings | 22 | €613,592 | €583,986 | -€29,606 | -4.8% |
| Furniture and vehicles | 24 | €5,437 | €3,859 | -€1,579 | -29.0% |
| Financial fixed assets | 28 | €436,126 | €440,788 | +€4,662 | +1.1% |
| Current assets | 29/58 | €145,606 | €854,535 | +€708,929 | +486.9% |
| Amounts receivable within one year | 40/41 | €87,308 | €66,273 | -€21,036 | -24.1% |
| Trade receivables | 40 | €22,911 | €14,205 | -€8,706 | -38.0% |
| Other amounts receivable | 41 | €64,397 | €52,068 | -€12,330 | -19.1% |
| Cash at bank and in hand | 54/58 | €57,139 | €783,383 | +€726,244 | +1271.0% |
| Deferred charges and accrued income | 490/1 | €1,159 | €4,879 | +€3,720 | +321.0% |
| Total equity and liabilities | 10/49 | €1,200,762 | €1,883,168 | +€682,406 | +56.8% |
| Equity | 10/15 | €590,576 | €1,331,721 | +€741,145 | +125.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €518,471 | €1,261,264 | +€742,793 | +143.3% |
| Tax-exempt reserves | 132 | €115,112 | €111,055 | -€4,057 | -3.5% |
| Distributable reserves | 133 | €403,359 | €1,150,209 | +€746,850 | +185.2% |
| Profit (loss) carried forward | 14 | €65,905 | €64,257 | -€1,648 | -2.5% |
| Provisions and deferred taxes | 16 | €32,202 | €30,734 | -€1,468 | -4.6% |
| Deferred taxes | 168 | €32,202 | €30,734 | -€1,468 | -4.6% |
| Amounts payable | 17/49 | €577,984 | €520,713 | -€57,271 | -9.9% |
| Amounts payable after more than one year | 17 | €332,774 | €292,256 | -€40,518 | -12.2% |
| Financial debts | 170/4 | €332,774 | €292,256 | -€40,518 | -12.2% |
| Amounts payable within one year | 42/48 | €245,004 | €227,422 | -€17,581 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €39,892 | €40,528 | +€635 | +1.6% |
| Financial debts | 43 | €353 | €5,302 | +€4,948 | +1400.7% |
| Credit institutions | 430/8 | €353 | €5,302 | +€4,948 | +1400.7% |
| Trade debts | 44 | €23,377 | €25,607 | +€2,230 | +9.5% |
| Suppliers | 440/4 | €23,377 | €25,607 | +€2,230 | +9.5% |
| Taxes, remuneration and social security | 45 | €79,715 | €144,320 | +€64,605 | +81.0% |
| Taxes | 450/3 | €79,715 | €144,320 | +€64,605 | +81.0% |
| Other amounts payable | 47/48 | €101,666 | €11,666 | -€90,000 | -88.5% |
| Accrued charges and deferred income | 492/3 | €206 | €1,035 | +€828 | +401.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,335 | €34,920 | +€2,585 | +8.0% |
| Other operating charges | 640/8 | €6,842 | €3,511 | -€3,331 | -48.7% |
| Gross operating margin | 9900 | €139,008 | €123,590 | -€15,418 | -11.1% |
| Operating profit (loss) | 9901 | €99,831 | €85,159 | -€14,672 | -14.7% |
| Financial income | 75/76B | €4 | €776,760 | +€776,756 | +21516798.6% |
| Recurring financial income | 75 | €4 | €776,760 | +€776,756 | +21516798.6% |
| Financial charges | 65/66B | €9,338 | €8,466 | -€871 | -9.3% |
| Recurring financial charges | 65 | €9,338 | €8,466 | -€871 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €90,497 | €853,453 | +€762,956 | +843.1% |
| Transfer from deferred taxes | 780 | €1,476 | €1,468 | -€8 | -0.6% |
| Income taxes | 67/77 | €37,344 | €112,110 | +€74,766 | +200.2% |
| Profit (loss) for the period | 9904 | €54,629 | €742,811 | +€688,181 | +1259.7% |
| Transfer from tax-exempt reserves | 789 | €4,077 | €4,057 | -€19 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,706 | €746,868 | +€688,162 | +1172.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.