CONTBEL: 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.
CONTBEL
Largest movements
- Receivables within one year +€43,291
up €43,291 (+362.5%), from €11,941 to €55,232
of which Other amounts receivable: +€48,800
- Tangible fixed assets +€31,118
up €31,118 (+1709.8%), from €1,820 to €32,938
of which Other tangible fixed assets: +€30,163
- Cash -€9,231
down €9,231 (-29.8%), from €30,966 to €21,734
mainly Contributions, distributions and other (-€60,000) and Receivables within one year (-€43,291)
- Other debts +€60,000
new in 2026: €60,000
- Tax, wage and social debts +€13,689
up €13,689 (+143.9%), from €9,515 to €23,203
- Profit (loss) carried forward -€8,669
down €8,669 (-26.2%), from €33,107 to €24,438
- Gross operating margin +€37,819
up €37,819 (+120.7%), from €31,323 to €69,142
- Taxes +€8,317
up €8,317 (+138.3%), from €6,012 to €14,329
- Other operating charges -€1,545
down €1,545 (-62.7%), from €2,463 to €919
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,727 | €109,905 | +€65,178 | +145.7% |
| Fixed assets | 21/28 | €1,820 | €32,938 | +€31,118 | +1709.8% |
| Tangible fixed assets | 22/27 | €1,820 | €32,938 | +€31,118 | +1709.8% |
| Furniture and vehicles | 24 | €1,820 | €2,775 | +€955 | +52.5% |
| Other tangible fixed assets | 26 | - | €30,163 | +€30,163 | |
| Current assets | 29/58 | €42,907 | €76,966 | +€34,060 | +79.4% |
| Amounts receivable within one year | 40/41 | €11,941 | €55,232 | +€43,291 | +362.5% |
| Trade receivables | 40 | €11,941 | €6,432 | -€5,509 | -46.1% |
| Other amounts receivable | 41 | - | €48,800 | +€48,800 | |
| Cash at bank and in hand | 54/58 | €30,966 | €21,734 | -€9,231 | -29.8% |
| Total equity and liabilities | 10/49 | €44,727 | €109,905 | +€65,178 | +145.7% |
| Equity | 10/15 | €34,607 | €25,938 | -€8,669 | -25.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,107 | €24,438 | -€8,669 | -26.2% |
| Amounts payable | 17/49 | €10,120 | €83,967 | +€73,848 | +729.8% |
| Amounts payable within one year | 42/48 | €10,120 | €83,967 | +€73,848 | +729.8% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €605 | €761 | +€156 | +25.8% |
| Suppliers | 440/4 | €605 | €761 | +€156 | +25.8% |
| Taxes, remuneration and social security | 45 | €9,515 | €23,203 | +€13,689 | +143.9% |
| Taxes | 450/3 | €9,515 | €23,203 | +€13,689 | +143.9% |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,146 | €2,451 | +€305 | +14.2% |
| Other operating charges | 640/8 | €2,463 | €919 | -€1,545 | -62.7% |
| Gross operating margin | 9900 | €31,323 | €69,142 | +€37,819 | +120.7% |
| Operating profit (loss) | 9901 | €26,713 | €65,772 | +€39,059 | +146.2% |
| Financial income | 75/76B | €4 | €15 | +€11 | +235.6% |
| Recurring financial income | 75 | €4 | €15 | +€11 | +235.6% |
| Financial charges | 65/66B | €135 | €127 | -€8 | -5.9% |
| Recurring financial charges | 65 | €135 | €127 | -€8 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €26,582 | €65,660 | +€39,078 | +147.0% |
| Income taxes | 67/77 | €6,012 | €14,329 | +€8,317 | +138.3% |
| Profit (loss) for the period | 9904 | €20,570 | €51,331 | +€30,761 | +149.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,570 | €51,331 | +€30,761 | +149.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.