CONTENDRA: 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.
CONTENDRA
Largest movements
- Cash -€77,127
down €77,127 (-73.2%), from €105,297 to €28,170
mainly Other debts (-€160,191) and Receivables within one year (-€63,992)
- Receivables within one year +€63,992
up €63,992 (+1478.2%), from €4,329 to €68,321
of which Other amounts receivable: +€57,235
- Tangible fixed assets -€49,448
down €49,448 (-29.6%), from €166,977 to €117,529
- Deferred charges and accrued income +€15,350
up €15,350 (+245.1%), from €6,264 to €21,614
- Stocks and contracts -€13,047
down €13,047 (-53.5%), from €24,396 to €11,349
- Profit (loss) carried forward +€173,689
new in 2025: €173,689
- Other debts -€160,191
down €160,191 (-95.3%), from €168,105 to €7,914
- Reserves -€45,436
no longer reported in 2025 (was €45,436)
- Tax, wage and social debts -€17,045
down €17,045 (-50.3%), from €33,908 to €16,863
of which Taxes: -€13,554
- Accrued charges and deferred income -€6,594
no longer reported in 2025 (was €6,594)
- Gross operating margin +€44,257
up €44,257 (+12.3%), from €360,674 to €404,931
- Staff costs -€16,956
down €16,956 (-12.2%), from €139,060 to €122,104
- Taxes +€16,615
up €16,615 (+36.4%), from €45,626 to €62,241
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 | €311,201 | €250,922 | -€60,279 | -19.4% |
| Fixed assets | 21/28 | €170,915 | €121,468 | -€49,448 | -28.9% |
| Tangible fixed assets | 22/27 | €166,977 | €117,529 | -€49,448 | -29.6% |
| Land and buildings | 22 | €22,965 | €14,434 | -€8,531 | -37.1% |
| Plant, machinery and equipment | 23 | €48,207 | €30,361 | -€17,846 | -37.0% |
| Furniture and vehicles | 24 | €6,408 | €7,300 | +€892 | +13.9% |
| Other tangible fixed assets | 26 | €89,396 | €65,434 | -€23,962 | -26.8% |
| Financial fixed assets | 28 | €3,939 | €3,939 | = | 0.0% |
| Current assets | 29/58 | €140,286 | €129,454 | -€10,832 | -7.7% |
| Stocks and contracts in progress | 3 | €24,396 | €11,349 | -€13,047 | -53.5% |
| Stocks | 30/36 | €24,396 | €11,349 | -€13,047 | -53.5% |
| Amounts receivable within one year | 40/41 | €4,329 | €68,321 | +€63,992 | +1478.2% |
| Trade receivables | 40 | €2,556 | €9,313 | +€6,758 | +264.4% |
| Other amounts receivable | 41 | €1,773 | €59,008 | +€57,235 | +3227.4% |
| Cash at bank and in hand | 54/58 | €105,297 | €28,170 | -€77,127 | -73.2% |
| Deferred charges and accrued income | 490/1 | €6,264 | €21,614 | +€15,350 | +245.1% |
| Total equity and liabilities | 10/49 | €311,201 | €250,922 | -€60,279 | -19.4% |
| Equity | 10/15 | €85,436 | €213,689 | +€128,253 | +150.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €45,436 | - | -€45,436 | |
| Distributable reserves | 133 | €45,436 | - | -€45,436 | |
| Profit (loss) carried forward | 14 | - | €173,689 | +€173,689 | |
| Amounts payable | 17/49 | €225,765 | €37,233 | -€188,532 | -83.5% |
| Amounts payable within one year | 42/48 | €219,172 | €37,233 | -€181,938 | -83.0% |
| Trade debts | 44 | €17,158 | €12,456 | -€4,702 | -27.4% |
| Suppliers | 440/4 | €17,158 | €12,456 | -€4,702 | -27.4% |
| Taxes, remuneration and social security | 45 | €33,908 | €16,863 | -€17,045 | -50.3% |
| Taxes | 450/3 | €24,677 | €11,123 | -€13,554 | -54.9% |
| Remuneration and social security | 454/9 | €9,231 | €5,740 | -€3,491 | -37.8% |
| Other amounts payable | 47/48 | €168,105 | €7,914 | -€160,191 | -95.3% |
| Accrued charges and deferred income | 492/3 | €6,594 | - | -€6,594 | |
| Non-recurring operating income | 76A | €1,000 | €9,168 | +€8,168 | +816.8% |
| Remuneration, social security and pensions | 62 | €139,060 | €122,104 | -€16,956 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,112 | €44,898 | +€1,786 | +4.1% |
| Other operating charges | 640/8 | €1,999 | €1,833 | -€166 | -8.3% |
| Gross operating margin | 9900 | €360,674 | €404,931 | +€44,257 | +12.3% |
| Operating profit (loss) | 9901 | €176,504 | €236,097 | +€59,593 | +33.8% |
| Financial income | 75/76B | €199 | €285 | +€86 | +43.0% |
| Recurring financial income | 75 | €199 | €285 | +€86 | +43.0% |
| Financial charges | 65/66B | €4,296 | €452 | -€3,844 | -89.5% |
| Recurring financial charges | 65 | €4,296 | €452 | -€3,844 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | €172,408 | €235,930 | +€63,522 | +36.8% |
| Income taxes | 67/77 | €45,626 | €62,241 | +€16,615 | +36.4% |
| Profit (loss) for the period | 9904 | €126,782 | €173,689 | +€46,907 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €126,782 | €173,689 | +€46,907 | +37.0% |
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 9 October 2026 via checked.be.