ConvArt: 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.
ConvArt
Largest movements
- Receivables within one year -€14,632
down €14,632 (-78.2%), from €18,713 to €4,081
of which Trade receivables: -€14,280
- Cash +€2,705
up €2,705 (+137.7%), from €1,965 to €4,670
mainly Other debts (+€17,124) and Receivables within one year (+€14,632)
- Profit (loss) carried forward -€33,341
down €33,341, from €150 to -€33,191
- Other debts +€17,124
up €17,124 (+433.1%), from €3,954 to €21,078
- Trade debts +€3,881
up €3,881 (+702.1%), from €553 to €4,434
- Tax, wage and social debts +€308
up €308 (+4.9%), from €6,269 to €6,577
of which Taxes: +€2,808
- Gross operating margin -€44,941
down €44,941, from €13,719 to -€31,223
- Taxes -€3,510
down €3,510 (-93.1%), from €3,769 to €259
- Depreciation -€1,124
down €1,124 (-91.8%), from €1,225 to €101
- Financial charges +€832
up €832 (+138.3%), from €602 to €1,433
- Other operating charges -€677
down €677 (-67.6%), from €1,002 to €325
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 | €20,925 | €8,898 | -€12,027 | -57.5% |
| Fixed assets | 21/28 | €247 | €146 | -€101 | -40.8% |
| Tangible fixed assets | 22/27 | €247 | €146 | -€101 | -40.8% |
| Plant, machinery and equipment | 23 | €247 | €146 | -€101 | -40.8% |
| Current assets | 29/58 | €20,678 | €8,752 | -€11,927 | -57.7% |
| Amounts receivable within one year | 40/41 | €18,713 | €4,081 | -€14,632 | -78.2% |
| Trade receivables | 40 | €18,361 | €4,081 | -€14,280 | -77.8% |
| Other amounts receivable | 41 | €352 | - | -€352 | |
| Cash at bank and in hand | 54/58 | €1,965 | €4,670 | +€2,705 | +137.7% |
| Total equity and liabilities | 10/49 | €20,925 | €8,898 | -€12,027 | -57.5% |
| Equity | 10/15 | €10,150 | -€23,191 | -€33,341 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150 | -€33,191 | -€33,341 | |
| Amounts payable | 17/49 | €10,775 | €32,089 | +€21,313 | +197.8% |
| Amounts payable within one year | 42/48 | €10,775 | €32,089 | +€21,313 | +197.8% |
| Trade debts | 44 | €553 | €4,434 | +€3,881 | +702.1% |
| Suppliers | 440/4 | €553 | €4,434 | +€3,881 | +702.1% |
| Taxes, remuneration and social security | 45 | €6,269 | €6,577 | +€308 | +4.9% |
| Taxes | 450/3 | €3,769 | €6,577 | +€2,808 | +74.5% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €3,954 | €21,078 | +€17,124 | +433.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,225 | €101 | -€1,124 | -91.8% |
| Other operating charges | 640/8 | €1,002 | €325 | -€677 | -67.6% |
| Gross operating margin | 9900 | €13,719 | -€31,223 | -€44,941 | |
| Operating profit (loss) | 9901 | €11,492 | -€31,648 | -€43,140 | |
| Financial income | 75/76B | €28 | €0 | -€28 | -98.8% |
| Recurring financial income | 75 | €28 | €0 | -€28 | -98.8% |
| Financial charges | 65/66B | €602 | €1,433 | +€832 | +138.3% |
| Recurring financial charges | 65 | €602 | €1,433 | +€832 | +138.3% |
| Profit (loss) for the period before taxes | 9903 | €10,918 | -€33,082 | -€44,000 | |
| Income taxes | 67/77 | €3,769 | €259 | -€3,510 | -93.1% |
| Profit (loss) for the period | 9904 | €7,150 | -€33,341 | -€40,490 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,150 | -€33,341 | -€40,490 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.