CONTRAT: 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.
CONTRAT
Largest movements
- Stocks and contracts -€163,139
down €163,139 (-29.3%), from €555,979 to €392,840
- Cash -€59,024
down €59,024 (-92.8%), from €63,627 to €4,604
mainly Short-term financial debts (-€275,693) and Trade debts (-€27,656)
- Receivables within one year -€53,117
down €53,117 (-45.5%), from €116,641 to €63,525
of which Trade receivables: -€50,400
- Short-term financial debts -€275,693
down €275,693 (-55.3%), from €498,150 to €222,457
- Other debts +€51,203
up €51,203 (+75.3%), from €68,011 to €119,214
- Trade debts -€27,656
down €27,656 (-38.8%), from €71,199 to €43,543
- Reserves -€22,812
down €22,812 (-59.5%), from €38,313 to €15,502
of which Distributable reserves: -€22,812
- Gross operating margin -€32,221
down €32,221 (-87.6%), from €36,792 to €4,571
- Financial charges +€17,431
up €17,431 (+185%), from €9,424 to €26,855
- Other operating charges -€5,191
down €5,191 (-85.9%), from €6,043 to €852
- Depreciation -€3,485
down €3,485 (-75.8%), from €4,599 to €1,115
- Financial income -€2,240
down €2,240 (-62.2%), from €3,601 to €1,361
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 | €740,882 | €464,488 | -€276,394 | -37.3% |
| Fixed assets | 21/28 | €4,634 | €3,520 | -€1,115 | -24.1% |
| Tangible fixed assets | 22/27 | €4,634 | €3,520 | -€1,115 | -24.1% |
| Plant, machinery and equipment | 23 | €1,520 | €1,140 | -€380 | -25.0% |
| Furniture and vehicles | 24 | €3,115 | €2,380 | -€735 | -23.6% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €736,248 | €460,969 | -€275,279 | -37.4% |
| Stocks and contracts in progress | 3 | €555,979 | €392,840 | -€163,139 | -29.3% |
| Stocks | 30/36 | €555,979 | €392,840 | -€163,139 | -29.3% |
| Amounts receivable within one year | 40/41 | €116,641 | €63,525 | -€53,117 | -45.5% |
| Trade receivables | 40 | €89,148 | €38,748 | -€50,400 | -56.5% |
| Other amounts receivable | 41 | €27,494 | €24,777 | -€2,717 | -9.9% |
| Cash at bank and in hand | 54/58 | €63,627 | €4,604 | -€59,024 | -92.8% |
| Total equity and liabilities | 10/49 | €740,882 | €464,488 | -€276,394 | -37.3% |
| Equity | 10/15 | €56,913 | €34,102 | -€22,812 | -40.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,313 | €15,502 | -€22,812 | -59.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €38,313 | €15,502 | -€22,812 | -59.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €683,969 | €430,387 | -€253,582 | -37.1% |
| Amounts payable within one year | 42/48 | €683,969 | €430,387 | -€253,582 | -37.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €498,150 | €222,457 | -€275,693 | -55.3% |
| Credit institutions | 430/8 | €498,150 | €222,457 | -€275,693 | -55.3% |
| Trade debts | 44 | €71,199 | €43,543 | -€27,656 | -38.8% |
| Suppliers | 440/4 | €71,199 | €43,543 | -€27,656 | -38.8% |
| Advances received on contracts in progress | 46 | €45,174 | €45,174 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,436 | €0 | -€1,436 | -100% |
| Taxes | 450/3 | €1,436 | €0 | -€1,436 | -100% |
| Other amounts payable | 47/48 | €68,011 | €119,214 | +€51,203 | +75.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,599 | €1,115 | -€3,485 | -75.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €6,043 | €852 | -€5,191 | -85.9% |
| Gross operating margin | 9900 | €36,792 | €4,571 | -€32,221 | -87.6% |
| Operating profit (loss) | 9901 | €26,149 | €2,604 | -€23,545 | -90.0% |
| Financial income | 75/76B | €3,601 | €1,361 | -€2,240 | -62.2% |
| Recurring financial income | 75 | €3,601 | €1,361 | -€2,240 | -62.2% |
| Financial charges | 65/66B | €9,424 | €26,855 | +€17,431 | +185% |
| Recurring financial charges | 65 | €9,424 | €26,855 | +€17,431 | +185% |
| Profit (loss) for the period before taxes | 9903 | €20,327 | -€22,890 | -€43,217 | |
| Income taxes | 67/77 | €1,436 | -€78 | -€1,514 | |
| Profit (loss) for the period | 9904 | €18,891 | -€22,812 | -€41,703 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,891 | -€22,812 | -€41,703 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.