CONSEBTA: 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.
CONSEBTA
Largest movements
- Receivables within one year -€13,680
down €13,680 (-49.8%), from €27,460 to €13,780
of which Trade receivables: -€7,284
- Cash -€11,682
down €11,682 (-9.2%), from €126,584 to €114,902
mainly Other debts (-€79,395) and Short-term financial debts (-€322)
- Other debts -€79,395
down €79,395 (-98.9%), from €80,240 to €845
- Reserves +€46,469
up €46,469 (+109.5%), from €42,440 to €88,909
- Tax, wage and social debts +€3,829
up €3,829 (+28.9%), from €13,230 to €17,059
of which Taxes: +€3,829
- Trade debts +€3,339
up €3,339 (+147.3%), from €2,266 to €5,605
- Gross operating margin +€59,174
up €59,174 (+773.9%), from €7,646 to €66,820
- Taxes +€15,652
up €15,652 (+680.3%), from €2,301 to €17,953
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 | €157,098 | €131,018 | -€26,079 | -16.6% |
| Fixed assets | 21/28 | €1,081 | €447 | -€634 | -58.7% |
| Tangible fixed assets | 22/27 | €1,081 | €447 | -€634 | -58.7% |
| Plant, machinery and equipment | 23 | €1,081 | €447 | -€634 | -58.7% |
| Current assets | 29/58 | €156,016 | €130,572 | -€25,445 | -16.3% |
| Amounts receivable within one year | 40/41 | €27,460 | €13,780 | -€13,680 | -49.8% |
| Trade receivables | 40 | €20,812 | €13,528 | -€7,284 | -35.0% |
| Other amounts receivable | 41 | €6,648 | €253 | -€6,395 | -96.2% |
| Cash at bank and in hand | 54/58 | €126,584 | €114,902 | -€11,682 | -9.2% |
| Deferred charges and accrued income | 490/1 | €1,973 | €1,889 | -€84 | -4.2% |
| Total equity and liabilities | 10/49 | €157,098 | €131,018 | -€26,079 | -16.6% |
| Equity | 10/15 | €61,040 | €107,509 | +€46,469 | +76.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,440 | €88,909 | +€46,469 | +109.5% |
| Distributable reserves | 133 | €42,440 | €88,909 | +€46,469 | +109.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €96,058 | €23,510 | -€72,548 | -75.5% |
| Amounts payable within one year | 42/48 | €96,058 | €23,510 | -€72,548 | -75.5% |
| Financial debts | 43 | €322 | €0 | -€322 | -100.0% |
| Credit institutions | 430/8 | €322 | €0 | -€322 | -100.0% |
| Trade debts | 44 | €2,266 | €5,605 | +€3,339 | +147.3% |
| Suppliers | 440/4 | €2,266 | €5,605 | +€3,339 | +147.3% |
| Taxes, remuneration and social security | 45 | €13,230 | €17,059 | +€3,829 | +28.9% |
| Taxes | 450/3 | €13,230 | €17,059 | +€3,829 | +28.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €80,240 | €845 | -€79,395 | -98.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €634 | €634 | = | 0.0% |
| Other operating charges | 640/8 | €1,393 | €1,684 | +€291 | +20.9% |
| Gross operating margin | 9900 | €7,646 | €66,820 | +€59,174 | +773.9% |
| Operating profit (loss) | 9901 | €5,618 | €64,501 | +€58,882 | +1048.0% |
| Financial charges | 65/66B | €66 | €79 | +€13 | +19.7% |
| Recurring financial charges | 65 | €66 | €79 | +€13 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €5,552 | €64,422 | +€58,869 | +1060.3% |
| Income taxes | 67/77 | €2,301 | €17,953 | +€15,652 | +680.3% |
| Profit (loss) for the period | 9904 | €3,252 | €46,469 | +€43,217 | +1329.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,252 | €46,469 | +€43,217 | +1329.0% |
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 11 October 2026 via checked.be.