CONSEGNA: 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.
CONSEGNA
Largest movements
- Tangible fixed assets -€383,737
down €383,737 (-36.5%), from €1.1m to €666,870
of which Land and buildings: -€377,768
- Cash +€106,625
up €106,625 (+148.2%), from €71,927 to €178,552
mainly Investment in fixed assets (net) (+€345,066) and Net result for the year (+€38,871)
- Receivables within one year +€24,355
up €24,355 (+243.6%), from €10,000 to €34,355
- Reserves -€165,590
no longer reported in 2025 (was €165,590)
- Trade debts -€58,886
down €58,886 (-79.2%), from €74,363 to €15,477
- Debts after one year -€54,711
down €54,711 (-7.1%), from €770,052 to €715,341
- Tax, wage and social debts +€30,948
up €30,948 (+1658.8%), from €1,866 to €32,814
of which Taxes: +€30,792
- Gross operating margin -€34,223
down €34,223 (-23.7%), from €144,480 to €110,258
- Depreciation -€23,165
down €23,165 (-37.5%), from €61,836 to €38,671
- Taxes +€6,917
up €6,917 (+43.9%), from €15,763 to €22,680
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 | €1,210,468 | €955,723 | -€254,745 | -21.0% |
| Fixed assets | 21/28 | €1,050,606 | €666,870 | -€383,737 | -36.5% |
| Tangible fixed assets | 22/27 | €1,050,606 | €666,870 | -€383,737 | -36.5% |
| Land and buildings | 22 | €1,042,934 | €665,166 | -€377,768 | -36.2% |
| Plant, machinery and equipment | 23 | €7,673 | €1,704 | -€5,969 | -77.8% |
| Current assets | 29/58 | €159,862 | €288,853 | +€128,992 | +80.7% |
| Amounts receivable after more than one year | 29 | €60,000 | €65,000 | +€5,000 | +8.3% |
| Trade receivables | 290 | €60,000 | €65,000 | +€5,000 | +8.3% |
| Amounts receivable within one year | 40/41 | €10,000 | €34,355 | +€24,355 | +243.6% |
| Other amounts receivable | 41 | €10,000 | €34,355 | +€24,355 | +243.6% |
| Cash at bank and in hand | 54/58 | €71,927 | €178,552 | +€106,625 | +148.2% |
| Deferred charges and accrued income | 490/1 | €17,935 | €10,946 | -€6,989 | -39.0% |
| Total equity and liabilities | 10/49 | €1,210,468 | €955,723 | -€254,745 | -21.0% |
| Equity | 10/15 | €183,590 | €18,000 | -€165,590 | -90.2% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €165,590 | - | -€165,590 | |
| Distributable reserves | 133 | €165,590 | - | -€165,590 | |
| Amounts payable | 17/49 | €1,026,878 | €937,723 | -€89,156 | -8.7% |
| Amounts payable after more than one year | 17 | €770,052 | €715,341 | -€54,711 | -7.1% |
| Financial debts | 170/4 | €770,052 | €715,341 | -€54,711 | -7.1% |
| Amounts payable within one year | 42/48 | €256,827 | €222,382 | -€34,444 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €53,885 | €54,711 | +€826 | +1.5% |
| Trade debts | 44 | €74,363 | €15,477 | -€58,886 | -79.2% |
| Suppliers | 440/4 | €74,363 | €15,477 | -€58,886 | -79.2% |
| Taxes, remuneration and social security | 45 | €1,866 | €32,814 | +€30,948 | +1658.8% |
| Taxes | 450/3 | €763 | €31,554 | +€30,792 | +4036.8% |
| Remuneration and social security | 454/9 | €1,103 | €1,259 | +€157 | +14.2% |
| Other amounts payable | 47/48 | €126,714 | €119,381 | -€7,333 | -5.8% |
| Non-recurring operating income | 76A | - | €30,608 | +€30,608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,836 | €38,671 | -€23,165 | -37.5% |
| Other operating charges | 640/8 | €3,071 | €2,764 | -€307 | -10.0% |
| Gross operating margin | 9900 | €144,480 | €110,258 | -€34,223 | -23.7% |
| Operating profit (loss) | 9901 | €79,574 | €68,823 | -€10,751 | -13.5% |
| Financial income | 75/76B | €1,178 | €1,593 | +€415 | +35.2% |
| Recurring financial income | 75 | €1,178 | €1,593 | +€415 | +35.2% |
| Financial charges | 65/66B | €9,977 | €8,865 | -€1,113 | -11.2% |
| Recurring financial charges | 65 | €9,977 | €8,865 | -€1,113 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €70,775 | €61,551 | -€9,224 | -13.0% |
| Income taxes | 67/77 | €15,763 | €22,680 | +€6,917 | +43.9% |
| Profit (loss) for the period | 9904 | €55,012 | €38,871 | -€16,141 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,012 | €38,871 | -€16,141 | -29.3% |
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 4 October 2026 via checked.be.