CONTO: 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.
CONTO
Largest movements
- Cash +€5,897
up €5,897 (+2.4%), from €242,766 to €248,663
mainly Net result for the year (+€24,919) and Receivables within one year (+€4,229)
- Receivables within one year -€4,229
down €4,229 (-54.0%), from €7,838 to €3,609
- Current investments +€2,927
up €2,927 (+61.4%), from €4,768 to €7,695
- Reserves +€12,919
up €12,919 (+6.4%), from €200,807 to €213,726
of which Distributable reserves: +€12,919
- Tax, wage and social debts -€7,272
down €7,272 (-28.8%), from €25,225 to €17,953
of which Taxes: -€6,352
- Other debts -€3,200
down €3,200 (-17.1%), from €18,757 to €15,557
- Gross operating margin -€24,527
down €24,527 (-40.4%), from €60,645 to €36,119
- Taxes -€6,483
down €6,483 (-38.6%), from €16,801 to €10,318
- Financial income -€1,249
down €1,249 (-32.3%), from €3,861 to €2,612
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.
Derived cash bridge
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 | €263,903 | €266,456 | +€2,553 | +1.0% |
| Fixed assets | 21/28 | €8,531 | €6,490 | -€2,042 | -23.9% |
| Tangible fixed assets | 22/27 | €8,531 | €6,490 | -€2,042 | -23.9% |
| Plant, machinery and equipment | 23 | €8,531 | €6,490 | -€2,042 | -23.9% |
| Current assets | 29/58 | €255,371 | €259,967 | +€4,595 | +1.8% |
| Amounts receivable within one year | 40/41 | €7,838 | €3,609 | -€4,229 | -54.0% |
| Trade receivables | 40 | €7,838 | €3,609 | -€4,229 | -54.0% |
| Current investments | 50/53 | €4,768 | €7,695 | +€2,927 | +61.4% |
| Cash at bank and in hand | 54/58 | €242,766 | €248,663 | +€5,897 | +2.4% |
| Total equity and liabilities | 10/49 | €263,903 | €266,456 | +€2,553 | +1.0% |
| Equity | 10/15 | €219,399 | €232,318 | +€12,919 | +5.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €200,807 | €213,726 | +€12,919 | +6.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €198,947 | €211,867 | +€12,919 | +6.5% |
| Amounts payable | 17/49 | €44,504 | €34,138 | -€10,366 | -23.3% |
| Amounts payable within one year | 42/48 | €44,504 | €34,138 | -€10,366 | -23.3% |
| Trade debts | 44 | €522 | €628 | +€106 | +20.2% |
| Suppliers | 440/4 | €522 | €628 | +€106 | +20.2% |
| Taxes, remuneration and social security | 45 | €25,225 | €17,953 | -€7,272 | -28.8% |
| Taxes | 450/3 | €24,197 | €17,845 | -€6,352 | -26.2% |
| Remuneration and social security | 454/9 | €1,028 | €108 | -€920 | -89.5% |
| Other amounts payable | 47/48 | €18,757 | €15,557 | -€3,200 | -17.1% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,207 | €2,042 | -€165 | -7.5% |
| Other operating charges | 640/8 | €787 | €810 | +€23 | +2.9% |
| Gross operating margin | 9900 | €60,645 | €36,119 | -€24,527 | -40.4% |
| Operating profit (loss) | 9901 | €57,264 | €32,867 | -€24,397 | -42.6% |
| Financial income | 75/76B | €3,861 | €2,612 | -€1,249 | -32.3% |
| Recurring financial income | 75 | €3,861 | €2,612 | -€1,249 | -32.3% |
| Financial charges | 65/66B | €199 | €242 | +€44 | +22.0% |
| Recurring financial charges | 65 | €199 | €242 | +€44 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €60,927 | €35,237 | -€25,689 | -42.2% |
| Income taxes | 67/77 | €16,801 | €10,318 | -€6,483 | -38.6% |
| Profit (loss) for the period | 9904 | €44,125 | €24,919 | -€19,206 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,125 | €24,919 | -€19,206 | -43.5% |
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 13 October 2026 via checked.be.