CONSERVART: 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.
CONSERVART
Largest movements
- Cash -€17,531
down €17,531 (-39.0%), from €44,899 to €27,368
mainly Receivables within one year (-€10,066) and Net result for the year (-€9,054)
- Receivables within one year +€10,066
up €10,066 (+260.7%), from €3,861 to €13,927
of which Trade receivables: +€9,964
- Tangible fixed assets -€8,530
down €8,530 (-11.2%), from €75,930 to €67,400
of which Leasing and similar rights: -€4,670
- Profit (loss) carried forward -€9,054
down €9,054 (-2.6%), from -€354,793 to -€363,847
- Debts after one year -€5,246
down €5,246 (-79.2%), from €6,627 to €1,381
- Other debts -€3,747
down €3,747 (-1.1%), from €326,679 to €322,932
- Write-downs -€7,403
no longer reported in 2025 (was €7,403)
- Gross operating margin +€1,508
up €1,508 (+14.5%), from €10,367 to €11,875
- Depreciation +€522
up €522 (+4.3%), from €12,058 to €12,579
- Other operating charges +€484
up €484 (+6.8%), from €7,075 to €7,560
- Financial charges -€136
down €136 (-14.5%), from €941 to €804
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 | €133,468 | €117,266 | -€16,202 | -12.1% |
| Fixed assets | 21/28 | €76,512 | €67,627 | -€8,884 | -11.6% |
| Intangible fixed assets | 21 | €495 | €140 | -€354 | -71.6% |
| Tangible fixed assets | 22/27 | €75,930 | €67,400 | -€8,530 | -11.2% |
| Land and buildings | 22 | €50,548 | €47,961 | -€2,587 | -5.1% |
| Plant, machinery and equipment | 23 | €7,338 | €7,578 | +€240 | +3.3% |
| Furniture and vehicles | 24 | €3,293 | €1,780 | -€1,513 | -46.0% |
| Leasing and similar rights | 25 | €14,751 | €10,081 | -€4,670 | -31.7% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €56,956 | €49,638 | -€7,318 | -12.8% |
| Stocks and contracts in progress | 3 | €7,648 | €7,648 | = | 0.0% |
| Stocks | 30/36 | €7,648 | €7,648 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,861 | €13,927 | +€10,066 | +260.7% |
| Trade receivables | 40 | €3,198 | €13,161 | +€9,964 | +311.6% |
| Other amounts receivable | 41 | €663 | €766 | +€102 | +15.5% |
| Cash at bank and in hand | 54/58 | €44,899 | €27,368 | -€17,531 | -39.0% |
| Deferred charges and accrued income | 490/1 | €549 | €696 | +€147 | +26.8% |
| Total equity and liabilities | 10/49 | €133,468 | €117,266 | -€16,202 | -12.1% |
| Equity | 10/15 | -€214,620 | -€223,674 | -€9,054 | -4.2% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Capital | 10 | €140,000 | €140,000 | = | 0.0% |
| Issued capital | 100 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €174 | €174 | = | 0.0% |
| Non-distributable reserves | 130/1 | €174 | €174 | = | 0.0% |
| Legal reserve | 130 | €174 | €174 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€354,793 | -€363,847 | -€9,054 | -2.6% |
| Amounts payable | 17/49 | €348,088 | €340,939 | -€7,148 | -2.1% |
| Amounts payable after more than one year | 17 | €6,627 | €1,381 | -€5,246 | -79.2% |
| Financial debts | 170/4 | €6,627 | €1,381 | -€5,246 | -79.2% |
| Amounts payable within one year | 42/48 | €340,834 | €338,931 | -€1,903 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €5,025 | €5,246 | +€220 | +4.4% |
| Trade debts | 44 | €4,571 | €5,709 | +€1,137 | +24.9% |
| Suppliers | 440/4 | €4,571 | €5,709 | +€1,137 | +24.9% |
| Taxes, remuneration and social security | 45 | €4,558 | €5,045 | +€487 | +10.7% |
| Taxes | 450/3 | €4,558 | €5,045 | +€487 | +10.7% |
| Other amounts payable | 47/48 | €326,679 | €322,932 | -€3,747 | -1.1% |
| Accrued charges and deferred income | 492/3 | €626 | €626 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,058 | €12,579 | +€522 | +4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,403 | - | -€7,403 | |
| Other operating charges | 640/8 | €7,075 | €7,560 | +€484 | +6.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €10,367 | €11,875 | +€1,508 | +14.5% |
| Operating profit (loss) | 9901 | -€16,169 | -€8,265 | +€7,904 | +48.9% |
| Financial income | 75/76B | €1 | €15 | +€14 | +1582.2% |
| Recurring financial income | 75 | €1 | €15 | +€14 | +1582.2% |
| Financial charges | 65/66B | €941 | €804 | -€136 | -14.5% |
| Recurring financial charges | 65 | €941 | €804 | -€136 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,109 | -€9,054 | +€8,055 | +47.1% |
| Profit (loss) for the period | 9904 | -€17,109 | -€9,054 | +€8,055 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,109 | -€9,054 | +€8,055 | +47.1% |
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 9 October 2026 via checked.be.