Conva: 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.
Conva
Largest movements
- Cash +€65,200
up €65,200 (+115.3%), from €56,571 to €121,772
mainly Current investments (+€50,933) and Net result for the year (+€32,351)
- Current investments -€50,933
no longer reported in 2025 (was €50,933)
- Receivables within one year -€18,942
down €18,942 (-42.1%), from €44,982 to €26,040
of which Trade receivables: -€18,494
- Tax, wage and social debts -€7,739
down €7,739 (-54.7%), from €14,158 to €6,419
- Gross operating margin -€33,486
down €33,486 (-40.9%), from €81,792 to €48,306
- Taxes -€16,400
no longer reported in 2025 (was €16,400)
- Financial income -€848
down €848 (-98.3%), from €863 to €15
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 | €153,729 | €147,986 | -€5,744 | -3.7% |
| Fixed assets | 21/28 | €884 | €39 | -€844 | -95.5% |
| Tangible fixed assets | 22/27 | €884 | €39 | -€844 | -95.5% |
| Plant, machinery and equipment | 23 | €330 | - | -€330 | |
| Furniture and vehicles | 24 | €554 | €39 | -€514 | -92.9% |
| Current assets | 29/58 | €152,846 | €147,946 | -€4,900 | -3.2% |
| Amounts receivable within one year | 40/41 | €44,982 | €26,040 | -€18,942 | -42.1% |
| Trade receivables | 40 | €44,534 | €26,040 | -€18,494 | -41.5% |
| Other amounts receivable | 41 | €448 | - | -€448 | |
| Current investments | 50/53 | €50,933 | - | -€50,933 | |
| Cash at bank and in hand | 54/58 | €56,571 | €121,772 | +€65,200 | +115.3% |
| Deferred charges and accrued income | 490/1 | €360 | €135 | -€225 | -62.5% |
| Total equity and liabilities | 10/49 | €153,729 | €147,986 | -€5,744 | -3.7% |
| Equity | 10/15 | €33,886 | €34,851 | +€966 | +2.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,386 | €32,351 | +€966 | +3.1% |
| Amounts payable | 17/49 | €119,844 | €113,134 | -€6,710 | -5.6% |
| Amounts payable within one year | 42/48 | €119,844 | €113,134 | -€6,710 | -5.6% |
| Trade debts | 44 | €171 | €248 | +€78 | +45.4% |
| Suppliers | 440/4 | €171 | €248 | +€78 | +45.4% |
| Taxes, remuneration and social security | 45 | €14,158 | €6,419 | -€7,739 | -54.7% |
| Taxes | 450/3 | €14,158 | €6,419 | -€7,739 | -54.7% |
| Other amounts payable | 47/48 | €105,515 | €106,467 | +€951 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,040 | €844 | -€196 | -18.8% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €81,792 | €48,306 | -€33,486 | -40.9% |
| Operating profit (loss) | 9901 | €79,981 | €47,063 | -€32,918 | -41.2% |
| Financial income | 75/76B | €863 | €15 | -€848 | -98.3% |
| Recurring financial income | 75 | €863 | €15 | -€848 | -98.3% |
| Financial charges | 65/66B | €2,343 | €2,648 | +€305 | +13.0% |
| Recurring financial charges | 65 | €2,343 | €2,648 | +€305 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €78,501 | €44,430 | -€34,071 | -43.4% |
| Transfer to deferred taxes | 680 | - | €12,079 | +€12,079 | |
| Income taxes | 67/77 | €16,400 | - | -€16,400 | |
| Profit (loss) for the period | 9904 | €62,101 | €32,351 | -€29,750 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,101 | €32,351 | -€29,750 | -47.9% |
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.