CONTENDA: 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.
CONTENDA
Largest movements
- Cash -€14,414
down €14,414 (-89.5%), from €16,108 to €1,694
mainly Net result for the year (-€10,823) and Current portion of long-term debt (-€7,000)
- Tangible fixed assets -€4,926
down €4,926 (-76.9%), from €6,406 to €1,480
- Receivables within one year +€1,871
up €1,871 (+2.3%), from €81,890 to €83,761
of which Other amounts receivable: +€1,512
- Profit (loss) carried forward -€10,823
down €10,823 (-11.7%), from €92,763 to €81,940
- Current portion of long-term debt -€7,000
no longer reported in 2025 (was €7,000)
- Trade debts -€4,815
down €4,815 (-96.6%), from €4,987 to €172
- Tax, wage and social debts +€4,643
up €4,643 (+765.9%), from €606 to €5,250
- Gross operating margin -€24,918
down €24,918, from €21,224 to -€3,694
- Taxes -€3,417
down €3,417 (-92.2%), from €3,706 to €289
- Financial income +€1,649
up €1,649 (+161630.4%), from €1 to €1,650
- Depreciation -€974
down €974 (-16.5%), from €5,900 to €4,926
- Financial charges -€944
down €944 (-58.5%), from €1,614 to €670
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 | €110,355 | €92,361 | -€17,994 | -16.3% |
| Fixed assets | 21/28 | €6,406 | €1,480 | -€4,926 | -76.9% |
| Tangible fixed assets | 22/27 | €6,406 | €1,480 | -€4,926 | -76.9% |
| Furniture and vehicles | 24 | €6,406 | €1,480 | -€4,926 | -76.9% |
| Current assets | 29/58 | €103,949 | €90,881 | -€13,068 | -12.6% |
| Amounts receivable within one year | 40/41 | €81,890 | €83,761 | +€1,871 | +2.3% |
| Trade receivables | 40 | - | €359 | +€359 | |
| Other amounts receivable | 41 | €81,890 | €83,402 | +€1,512 | +1.8% |
| Cash at bank and in hand | 54/58 | €16,108 | €1,694 | -€14,414 | -89.5% |
| Deferred charges and accrued income | 490/1 | €5,952 | €5,426 | -€525 | -8.8% |
| Total equity and liabilities | 10/49 | €110,355 | €92,361 | -€17,994 | -16.3% |
| Equity | 10/15 | €97,763 | €86,940 | -€10,823 | -11.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,763 | €81,940 | -€10,823 | -11.7% |
| Amounts payable | 17/49 | €12,593 | €5,422 | -€7,171 | -56.9% |
| Amounts payable within one year | 42/48 | €12,593 | €5,422 | -€7,171 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €7,000 | - | -€7,000 | |
| Trade debts | 44 | €4,987 | €172 | -€4,815 | -96.6% |
| Suppliers | 440/4 | €4,987 | €172 | -€4,815 | -96.6% |
| Taxes, remuneration and social security | 45 | €606 | €5,250 | +€4,643 | +765.9% |
| Taxes | 450/3 | €606 | €5,250 | +€4,643 | +765.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,900 | €4,926 | -€974 | -16.5% |
| Other operating charges | 640/8 | €2,767 | €2,893 | +€126 | +4.6% |
| Gross operating margin | 9900 | €21,224 | -€3,694 | -€24,918 | |
| Operating profit (loss) | 9901 | €12,557 | -€11,513 | -€24,071 | |
| Financial income | 75/76B | €1 | €1,650 | +€1,649 | +161630.4% |
| Recurring financial income | 75 | €1 | €1,650 | +€1,649 | +161630.4% |
| Financial charges | 65/66B | €1,614 | €670 | -€944 | -58.5% |
| Recurring financial charges | 65 | €1,614 | €670 | -€944 | -58.5% |
| Profit (loss) for the period before taxes | 9903 | €10,945 | -€10,534 | -€21,478 | |
| Income taxes | 67/77 | €3,706 | €289 | -€3,417 | -92.2% |
| Profit (loss) for the period | 9904 | €7,239 | -€10,823 | -€18,062 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,239 | -€10,823 | -€18,062 |
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 10 October 2026 via checked.be.