CONSCIENCE: 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.
CONSCIENCE
Largest movements
- Tangible fixed assets +€4.5m
up €4.5m (+156.5%), from €2.9m to €7.4m
of which Land and buildings: +€4.5m
- Stocks and contracts -€1.5m
no longer reported in 2025 (was €1.5m)
- Receivables after one year +€1.5m
up €1.5m (+239.8%), from €608,701 to €2.1m
- Receivables within one year -€1.4m
down €1.4m (-94.1%), from €1.5m to €89,572
of which Other amounts receivable: -€1.4m
- Revaluation surpluses +€4.5m
new in 2025: €4.5m
- Short-term financial debts -€1.3m
no longer reported in 2025 (was €1.3m)
- Other debts -€909,200
down €909,200 (-97.6%), from €931,640 to €22,440
- Debts after one year +€630,888
up €630,888 (+75105.7%), from €840 to €631,728
- Gross operating margin +€23,635
up €23,635 (+39.3%), from €60,185 to €83,820
- Financial charges -€20,354
down €20,354 (-29.5%), from €68,964 to €48,611
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 | €6,554,949 | €9,596,002 | +€3.0m | +46.4% |
| Fixed assets | 21/28 | €2,889,561 | €7,410,526 | +€4.5m | +156.5% |
| Tangible fixed assets | 22/27 | €2,889,561 | €7,410,526 | +€4.5m | +156.5% |
| Land and buildings | 22 | €2,883,583 | €7,406,393 | +€4.5m | +156.8% |
| Plant, machinery and equipment | 23 | €5,411 | €3,662 | -€1,749 | -32.3% |
| Furniture and vehicles | 24 | €567 | €472 | -€95 | -16.8% |
| Current assets | 29/58 | €3,665,387 | €2,185,476 | -€1.5m | -40.4% |
| Amounts receivable after more than one year | 29 | €608,701 | €2,068,546 | +€1.5m | +239.8% |
| Other amounts receivable | 291 | €608,701 | €2,068,546 | +€1.5m | +239.8% |
| Stocks and contracts in progress | 3 | €1,535,633 | - | -€1.5m | |
| Stocks | 30/36 | €1,535,633 | - | -€1.5m | |
| Amounts receivable within one year | 40/41 | €1,516,459 | €89,572 | -€1.4m | -94.1% |
| Trade receivables | 40 | €6,656 | - | -€6,656 | |
| Other amounts receivable | 41 | €1,509,803 | €89,572 | -€1.4m | -94.1% |
| Cash at bank and in hand | 54/58 | €2,766 | €24,450 | +€21,685 | +784.1% |
| Deferred charges and accrued income | 490/1 | €1,829 | €2,908 | +€1,079 | +59.0% |
| Total equity and liabilities | 10/49 | €6,554,949 | €9,596,002 | +€3.0m | +46.4% |
| Equity | 10/15 | €4,358,445 | €8,930,062 | +€4.6m | +104.9% |
| Contributions | 10/11 | €5,569,900 | €5,569,900 | = | 0.0% |
| Capital | 10 | €5,569,900 | €5,569,900 | = | 0.0% |
| Issued capital | 100 | €5,569,900 | €5,569,900 | = | 0.0% |
| Revaluation surpluses | 12 | - | €4,548,666 | +€4.5m | |
| Reserves | 13 | €209,258 | €209,258 | = | 0.0% |
| Non-distributable reserves | 130/1 | €139,689 | €139,689 | = | 0.0% |
| Legal reserve | 130 | €139,689 | €139,689 | = | 0.0% |
| Distributable reserves | 133 | €69,569 | €69,569 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,420,714 | -€1,397,762 | +€22,952 | +1.6% |
| Amounts payable | 17/49 | €2,196,504 | €665,940 | -€1.5m | -69.7% |
| Amounts payable after more than one year | 17 | €840 | €631,728 | +€630,888 | +75105.7% |
| Other amounts payable | 178/9 | €840 | €631,728 | +€630,888 | +75105.7% |
| Amounts payable within one year | 42/48 | €2,195,664 | €34,212 | -€2.2m | -98.4% |
| Financial debts | 43 | €1,253,670 | - | -€1.3m | |
| Credit institutions | 430/8 | €1,253,670 | - | -€1.3m | |
| Trade debts | 44 | €6,402 | €9,895 | +€3,493 | +54.6% |
| Suppliers | 440/4 | €6,402 | €9,895 | +€3,493 | +54.6% |
| Taxes, remuneration and social security | 45 | €3,952 | €1,878 | -€2,074 | -52.5% |
| Taxes | 450/3 | €3,952 | €1,878 | -€2,074 | -52.5% |
| Other amounts payable | 47/48 | €931,640 | €22,440 | -€909,200 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,638 | €37,938 | +€301 | +0.8% |
| Other operating charges | 640/8 | €4,214 | €4,655 | +€441 | +10.5% |
| Gross operating margin | 9900 | €60,185 | €83,820 | +€23,635 | +39.3% |
| Operating profit (loss) | 9901 | €18,333 | €41,226 | +€22,893 | +124.9% |
| Financial income | 75/76B | €30,432 | €30,437 | +€5 | 0.0% |
| Recurring financial income | 75 | €30,432 | €30,437 | +€5 | 0.0% |
| Financial charges | 65/66B | €68,964 | €48,611 | -€20,354 | -29.5% |
| Recurring financial charges | 65 | €68,964 | €48,611 | -€20,354 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | -€20,199 | €23,053 | +€43,251 | |
| Income taxes | 67/77 | €97 | €101 | +€4 | +3.9% |
| Profit (loss) for the period | 9904 | -€20,296 | €22,952 | +€43,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,296 | €22,952 | +€43,248 |
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 6 October 2026 via checked.be.