CONSEBT: 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.
CONSEBT
Largest movements
- Tangible fixed assets +€61,509
up €61,509 (+3.6%), from €1.7m to €1.8m
of which Land and buildings: +€81,720
- Receivables within one year +€23,902
up €23,902 (+185.6%), from €12,881 to €36,783
of which Trade receivables: +€17,269
- Other debts +€71,906
up €71,906 (+210.2%), from €34,201 to €106,108
- Debts after one year -€57,342
down €57,342 (-4.7%), from €1.2m to €1.2m
of which Financial debts: -€59,142
- Reserves +€52,396
up €52,396 (+19.9%), from €262,976 to €315,372
of which Distributable reserves: +€52,396
- Trade debts +€23,990
up €23,990 (+189.8%), from €12,641 to €36,631
- Accrued charges and deferred income -€23,962
down €23,962 (-85.3%), from €28,095 to €4,133
- Gross operating margin -€34,386
down €34,386 (-13.3%), from €259,494 to €225,108
- Taxes -€9,818
down €9,818 (-27.6%), from €35,530 to €25,711
- Financial income +€8,866
up €8,866 (+428.7%), from €2,068 to €10,934
- Other operating charges +€3,010
up €3,010 (+20.4%), from €14,766 to €17,776
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 | €1,967,320 | €2,045,950 | +€78,630 | +4.0% |
| Fixed assets | 21/28 | €1,915,953 | €1,960,337 | +€44,384 | +2.3% |
| Intangible fixed assets | 21 | €56,000 | €42,000 | -€14,000 | -25.0% |
| Tangible fixed assets | 22/27 | €1,727,363 | €1,788,872 | +€61,509 | +3.6% |
| Land and buildings | 22 | €1,562,422 | €1,644,143 | +€81,720 | +5.2% |
| Plant, machinery and equipment | 23 | €107,439 | €100,710 | -€6,729 | -6.3% |
| Furniture and vehicles | 24 | €7,913 | €7,194 | -€719 | -9.1% |
| Leasing and similar rights | 25 | €49,588 | €36,826 | -€12,763 | -25.7% |
| Financial fixed assets | 28 | €132,590 | €129,465 | -€3,125 | -2.4% |
| Current assets | 29/58 | €51,367 | €85,613 | +€34,246 | +66.7% |
| Amounts receivable after more than one year | 29 | €18,599 | €18,200 | -€399 | -2.1% |
| Other amounts receivable | 291 | €18,599 | €18,200 | -€399 | -2.1% |
| Amounts receivable within one year | 40/41 | €12,881 | €36,783 | +€23,902 | +185.6% |
| Trade receivables | 40 | €5,164 | €22,433 | +€17,269 | +334.4% |
| Other amounts receivable | 41 | €7,717 | €14,350 | +€6,633 | +86.0% |
| Cash at bank and in hand | 54/58 | €13,889 | €21,100 | +€7,211 | +51.9% |
| Deferred charges and accrued income | 490/1 | €5,998 | €9,529 | +€3,531 | +58.9% |
| Total equity and liabilities | 10/49 | €1,967,320 | €2,045,950 | +€78,630 | +4.0% |
| Equity | 10/15 | €471,996 | €524,392 | +€52,396 | +11.1% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Reserves | 13 | €262,976 | €315,372 | +€52,396 | +19.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €260,976 | €313,372 | +€52,396 | +20.1% |
| Profit (loss) carried forward | 14 | €4,020 | €4,020 | = | 0.0% |
| Amounts payable | 17/49 | €1,495,324 | €1,521,558 | +€26,234 | +1.8% |
| Amounts payable after more than one year | 17 | €1,216,889 | €1,159,548 | -€57,342 | -4.7% |
| Financial debts | 170/4 | €1,216,889 | €1,157,748 | -€59,142 | -4.9% |
| Other amounts payable | 178/9 | - | €1,800 | +€1,800 | |
| Amounts payable within one year | 42/48 | €250,340 | €357,877 | +€107,538 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €187,105 | €204,234 | +€17,129 | +9.2% |
| Trade debts | 44 | €12,641 | €36,631 | +€23,990 | +189.8% |
| Suppliers | 440/4 | €12,641 | €36,631 | +€23,990 | +189.8% |
| Taxes, remuneration and social security | 45 | €16,393 | €10,905 | -€5,488 | -33.5% |
| Taxes | 450/3 | €16,393 | €10,905 | -€5,488 | -33.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €34,201 | €106,108 | +€71,906 | +210.2% |
| Accrued charges and deferred income | 492/3 | €28,095 | €4,133 | -€23,962 | -85.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,026 | €105,305 | +€279 | +0.3% |
| Other operating charges | 640/8 | €14,766 | €17,776 | +€3,010 | +20.4% |
| Gross operating margin | 9900 | €259,494 | €225,108 | -€34,386 | -13.3% |
| Operating profit (loss) | 9901 | €139,702 | €102,026 | -€37,676 | -27.0% |
| Financial income | 75/76B | €2,068 | €10,934 | +€8,866 | +428.7% |
| Recurring financial income | 75 | €2,068 | €10,934 | +€8,866 | +428.7% |
| Financial charges | 65/66B | €33,779 | €34,853 | +€1,074 | +3.2% |
| Recurring financial charges | 65 | €33,779 | €34,853 | +€1,074 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €107,991 | €78,107 | -€29,884 | -27.7% |
| Income taxes | 67/77 | €35,530 | €25,711 | -€9,818 | -27.6% |
| Profit (loss) for the period | 9904 | €72,461 | €52,396 | -€20,066 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,461 | €52,396 | -€20,066 | -27.7% |
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 29 September 2026 via checked.be.