Convenit: 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.
Convenit
Largest movements
- Receivables within one year -€145,953
down €145,953 (-69.3%), from €210,520 to €64,566
- Current investments +€73,920
up €73,920 (+1567.3%), from €4,716 to €78,636
- Cash +€52,344
up €52,344 (+465.7%), from €11,239 to €63,583
mainly Receivables within one year (+€145,953) and Depreciation (+€26,932)
- Tangible fixed assets -€25,032
down €25,032 (-21.8%), from €115,055 to €90,023
of which Other tangible fixed assets: -€20,582
- Reserves -€52,094
down €52,094 (-21.4%), from €242,934 to €190,840
of which Distributable reserves: -€52,094
- Trade debts +€7,898
up €7,898 (+28226.9%), from €28 to €7,926
- Gross operating margin -€69,014
down €69,014, from €43,427 to -€25,587
- Depreciation -€9,930
down €9,930 (-26.9%), from €36,862 to €26,932
- Taxes -€2,823
down €2,823 (-81.8%), from €3,451 to €628
- Financial income +€1,171
up €1,171 (+36.5%), from €3,208 to €4,379
- Other operating charges -€1,004
down €1,004 (-24.3%), from €4,123 to €3,119
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 | €344,681 | €302,927 | -€41,754 | -12.1% |
| Fixed assets | 21/28 | €115,055 | €90,023 | -€25,032 | -21.8% |
| Tangible fixed assets | 22/27 | €115,055 | €90,023 | -€25,032 | -21.8% |
| Plant, machinery and equipment | 23 | €964 | €499 | -€466 | -48.3% |
| Furniture and vehicles | 24 | €4,346 | €362 | -€3,984 | -91.7% |
| Other tangible fixed assets | 26 | €109,744 | €89,162 | -€20,582 | -18.8% |
| Current assets | 29/58 | €229,627 | €212,905 | -€16,722 | -7.3% |
| Amounts receivable within one year | 40/41 | €210,520 | €64,566 | -€145,953 | -69.3% |
| Other amounts receivable | 41 | €210,520 | €64,566 | -€145,953 | -69.3% |
| Current investments | 50/53 | €4,716 | €78,636 | +€73,920 | +1567.3% |
| Cash at bank and in hand | 54/58 | €11,239 | €63,583 | +€52,344 | +465.7% |
| Deferred charges and accrued income | 490/1 | €3,152 | €6,119 | +€2,967 | +94.1% |
| Total equity and liabilities | 10/49 | €344,681 | €302,927 | -€41,754 | -12.1% |
| Equity | 10/15 | €343,625 | €291,531 | -€52,094 | -15.2% |
| Contributions | 10/11 | €277,414 | €277,414 | = | 0.0% |
| Capital | 10 | €277,414 | €277,414 | = | 0.0% |
| Issued capital | 100 | €277,414 | €277,414 | = | 0.0% |
| Reserves | 13 | €242,934 | €190,840 | -€52,094 | -21.4% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €235,498 | €183,403 | -€52,094 | -22.1% |
| Profit (loss) carried forward | 14 | -€176,723 | -€176,723 | = | 0.0% |
| Amounts payable | 17/49 | €1,057 | €11,396 | +€10,340 | +978.7% |
| Amounts payable within one year | 42/48 | €1,057 | €11,335 | +€10,278 | +972.8% |
| Trade debts | 44 | €28 | €7,926 | +€7,898 | +28226.9% |
| Suppliers | 440/4 | €28 | €7,926 | +€7,898 | +28226.9% |
| Taxes, remuneration and social security | 45 | €1,029 | €831 | -€198 | -19.2% |
| Taxes | 450/3 | €1,029 | €831 | -€198 | -19.2% |
| Other amounts payable | 47/48 | - | €2,578 | +€2,578 | |
| Accrued charges and deferred income | 492/3 | - | €62 | +€62 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,862 | €26,932 | -€9,930 | -26.9% |
| Other operating charges | 640/8 | €4,123 | €3,119 | -€1,004 | -24.3% |
| Gross operating margin | 9900 | €43,427 | -€25,587 | -€69,014 | |
| Operating profit (loss) | 9901 | €2,442 | -€55,638 | -€58,080 | |
| Financial income | 75/76B | €3,208 | €4,379 | +€1,171 | +36.5% |
| Recurring financial income | 75 | €3,208 | €4,379 | +€1,171 | +36.5% |
| Financial charges | 65/66B | €170 | €206 | +€36 | +21.0% |
| Recurring financial charges | 65 | €170 | €206 | +€36 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €5,479 | -€51,466 | -€56,945 | |
| Income taxes | 67/77 | €3,451 | €628 | -€2,823 | -81.8% |
| Profit (loss) for the period | 9904 | €2,028 | -€52,094 | -€54,122 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,028 | -€52,094 | -€54,122 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.