CONTRAF: 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.
CONTRAF
Largest movements
- Receivables within one year +€46,410
up €46,410 (+120.5%), from €38,503 to €84,914
of which Trade receivables: +€54,955
- Cash +€30,022
up €30,022 (+89886.2%), from €33 to €30,055
mainly Debts after one year (+€109,500) and Trade debts (+€96,015)
- Other debts -€165,661
down €165,661 (-80.5%), from €205,758 to €40,098
- Debts after one year +€109,500
new in 2025: €109,500
- Trade debts +€96,015
up €96,015 (+106.3%), from €90,354 to €186,369
- Reserves +€27,528
up €27,528 (+37.1%), from €74,275 to €101,803
of which Distributable reserves: +€27,528
- Current portion of long-term debt +€18,000
new in 2025: €18,000
- Financial charges +€16,732
up €16,732 (+6236.2%), from €268 to €17,000
- Gross operating margin +€8,421
up €8,421 (+14.3%), from €58,817 to €67,237
- Taxes -€3,466
down €3,466 (-21.2%), from €16,312 to €12,846
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 | €405,699 | €478,615 | +€72,916 | +18.0% |
| Fixed assets | 21/28 | €367,163 | €363,646 | -€3,517 | -1.0% |
| Tangible fixed assets | 22/27 | €367,163 | €363,646 | -€3,517 | -1.0% |
| Land and buildings | 22 | €367,163 | €363,646 | -€3,517 | -1.0% |
| Current assets | 29/58 | €38,537 | €114,969 | +€76,432 | +198.3% |
| Amounts receivable within one year | 40/41 | €38,503 | €84,914 | +€46,410 | +120.5% |
| Trade receivables | 40 | €1,997 | €56,951 | +€54,955 | +2752.5% |
| Other amounts receivable | 41 | €36,507 | €27,963 | -€8,544 | -23.4% |
| Cash at bank and in hand | 54/58 | €33 | €30,055 | +€30,022 | +89886.2% |
| Total equity and liabilities | 10/49 | €405,699 | €478,615 | +€72,916 | +18.0% |
| Equity | 10/15 | €94,275 | €121,803 | +€27,528 | +29.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €74,275 | €101,803 | +€27,528 | +37.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €72,275 | €99,803 | +€27,528 | +38.1% |
| Amounts payable | 17/49 | €311,424 | €356,813 | +€45,388 | +14.6% |
| Amounts payable after more than one year | 17 | - | €109,500 | +€109,500 | |
| Financial debts | 170/4 | - | €109,500 | +€109,500 | |
| Amounts payable within one year | 42/48 | €311,424 | €247,313 | -€64,112 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | - | €18,000 | +€18,000 | |
| Trade debts | 44 | €90,354 | €186,369 | +€96,015 | +106.3% |
| Suppliers | 440/4 | €90,354 | €186,369 | +€96,015 | +106.3% |
| Taxes, remuneration and social security | 45 | €15,312 | €2,846 | -€12,466 | -81.4% |
| Taxes | 450/3 | €15,312 | €2,846 | -€12,466 | -81.4% |
| Other amounts payable | 47/48 | €205,758 | €40,098 | -€165,661 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,795 | €9,290 | +€495 | +5.6% |
| Other operating charges | 640/8 | €731 | €590 | -€141 | -19.3% |
| Gross operating margin | 9900 | €58,817 | €67,237 | +€8,421 | +14.3% |
| Operating profit (loss) | 9901 | €49,291 | €57,357 | +€8,066 | +16.4% |
| Financial income | 75/76B | €130 | €17 | -€114 | -87.3% |
| Recurring financial income | 75 | €130 | €17 | -€114 | -87.3% |
| Financial charges | 65/66B | €268 | €17,000 | +€16,732 | +6236.2% |
| Recurring financial charges | 65 | €268 | €17,000 | +€16,732 | +6236.2% |
| Profit (loss) for the period before taxes | 9903 | €49,153 | €40,374 | -€8,779 | -17.9% |
| Income taxes | 67/77 | €16,312 | €12,846 | -€3,466 | -21.2% |
| Profit (loss) for the period | 9904 | €32,841 | €27,528 | -€5,313 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,841 | €27,528 | -€5,313 | -16.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.