conSalus: 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.
conSalus
Largest movements
- Tangible fixed assets +€647,558
up €647,558 (+2040.3%), from €31,739 to €679,296
of which Leasing and similar rights: +€660,536
- Receivables within one year -€70,688
down €70,688 (-56.2%), from €125,712 to €55,025
of which Other amounts receivable: -€82,299
- Cash -€33,262
down €33,262 (-51.8%), from €64,217 to €30,955
mainly Investment in fixed assets (net) (-€681,178) and Contributions, distributions and other (-€94,118)
- Debts after one year +€619,054
up €619,054 (+4175.2%), from €14,827 to €633,881
- Reserves -€93,564
down €93,564 (-59.2%), from €158,054 to €64,490
- Current portion of long-term debt +€27,454
up €27,454 (+337.5%), from €8,135 to €35,589
- Gross operating margin -€25,662
down €25,662 (-29.1%), from €88,163 to €62,502
- Depreciation +€20,358
up €20,358 (+153.5%), from €13,262 to €33,620
- Financial charges +€16,393
up €16,393 (+734.4%), from €2,232 to €18,625
- Taxes -€14,409
down €14,409 (-88.2%), from €16,345 to €1,936
- Write-downs +€7,834
new in 2025: €7,834
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 | €226,252 | €769,092 | +€542,840 | +239.9% |
| Fixed assets | 21/28 | €31,739 | €679,296 | +€647,558 | +2040.3% |
| Tangible fixed assets | 22/27 | €31,739 | €679,296 | +€647,558 | +2040.3% |
| Plant, machinery and equipment | 23 | €2,268 | €2,023 | -€245 | -10.8% |
| Furniture and vehicles | 24 | €21,706 | €9,387 | -€12,319 | -56.8% |
| Leasing and similar rights | 25 | - | €660,536 | +€660,536 | |
| Other tangible fixed assets | 26 | €7,765 | €7,351 | -€414 | -5.3% |
| Current assets | 29/58 | €194,513 | €89,796 | -€104,717 | -53.8% |
| Amounts receivable within one year | 40/41 | €125,712 | €55,025 | -€70,688 | -56.2% |
| Trade receivables | 40 | €35,377 | €46,988 | +€11,611 | +32.8% |
| Other amounts receivable | 41 | €90,335 | €8,036 | -€82,299 | -91.1% |
| Cash at bank and in hand | 54/58 | €64,217 | €30,955 | -€33,262 | -51.8% |
| Deferred charges and accrued income | 490/1 | €4,584 | €3,816 | -€768 | -16.7% |
| Total equity and liabilities | 10/49 | €226,252 | €769,092 | +€542,840 | +239.9% |
| Equity | 10/15 | €159,054 | €65,490 | -€93,564 | -58.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €158,054 | €64,490 | -€93,564 | -59.2% |
| Distributable reserves | 133 | €158,054 | €64,490 | -€93,564 | -59.2% |
| Amounts payable | 17/49 | €67,198 | €703,602 | +€636,404 | +947.1% |
| Amounts payable after more than one year | 17 | €14,827 | €633,881 | +€619,054 | +4175.2% |
| Financial debts | 170/4 | €14,827 | €633,881 | +€619,054 | +4175.2% |
| Amounts payable within one year | 42/48 | €52,371 | €69,721 | +€17,350 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €8,135 | €35,589 | +€27,454 | +337.5% |
| Financial debts | 43 | - | €30 | +€30 | |
| Credit institutions | 430/8 | - | €30 | +€30 | |
| Trade debts | 44 | €7,886 | €3,508 | -€4,378 | -55.5% |
| Suppliers | 440/4 | €7,886 | €3,508 | -€4,378 | -55.5% |
| Taxes, remuneration and social security | 45 | €31,093 | €30,594 | -€500 | -1.6% |
| Taxes | 450/3 | €31,093 | €30,300 | -€793 | -2.6% |
| Remuneration and social security | 454/9 | - | €294 | +€294 | |
| Other amounts payable | 47/48 | €5,256 | - | -€5,256 | |
| Non-recurring operating income | 76A | €204 | €2,301 | +€2,097 | +1028.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,262 | €33,620 | +€20,358 | +153.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,834 | +€7,834 | |
| Other operating charges | 640/8 | €708 | €2,515 | +€1,807 | +255.1% |
| Gross operating margin | 9900 | €88,163 | €62,502 | -€25,662 | -29.1% |
| Operating profit (loss) | 9901 | €74,193 | €18,533 | -€55,660 | -75.0% |
| Financial income | 75/76B | €4,171 | €2,583 | -€1,588 | -38.1% |
| Recurring financial income | 75 | €4,171 | €2,583 | -€1,588 | -38.1% |
| Financial charges | 65/66B | €2,232 | €18,625 | +€16,393 | +734.4% |
| Recurring financial charges | 65 | €2,232 | €18,625 | +€16,393 | +734.4% |
| Profit (loss) for the period before taxes | 9903 | €76,131 | €2,490 | -€73,642 | -96.7% |
| Income taxes | 67/77 | €16,345 | €1,936 | -€14,409 | -88.2% |
| Profit (loss) for the period | 9904 | €59,787 | €554 | -€59,233 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,787 | €554 | -€59,233 | -99.1% |
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 5 October 2026 via checked.be.