CONVENS & DOCHTERS: what changed
CONVENS & DOCHTERS
Largest movements
- Cash +€86,150
up €86,150 (+572%), from €15,057 to €101,207
mainly Net result for the year (+€75,108) and Tax, wage and social debts (+€16,453)
- Receivables within one year -€8,895
down €8,895 (-7.5%), from €119,052 to €110,157
of which Trade receivables: -€45,791
- Deferred charges and accrued income +€4,206
up €4,206 (+82.9%), from €5,071 to €9,277
- Reserves +€75,108
up €75,108 (+52.1%), from €144,281 to €219,389
- Tax, wage and social debts +€16,453
up €16,453 (+102%), from €16,130 to €32,583
of which Taxes: +€18,337
- Debts after one year -€5,002
down €5,002 (-17.9%), from €27,880 to €22,878
- Current portion of long-term debt -€3,153
down €3,153 (-38.7%), from €8,155 to €5,002
- Gross operating margin +€56,819
up €56,819 (+91.9%), from €61,857 to €118,676
- Taxes +€21,681
up €21,681 (+142%), from €15,283 to €36,965
- Depreciation -€1,538
down €1,538 (-25.9%), from €5,938 to €4,400
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €209,759 | €292,423 | +€82,664 | +39.4% |
| Fixed assets | 21/28 | €70,579 | €71,782 | +€1,202 | +1.7% |
| Tangible fixed assets | 22/27 | €70,579 | €71,782 | +€1,202 | +1.7% |
| Land and buildings | 22 | €62,559 | €62,559 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €4,723 | +€4,723 | |
| Furniture and vehicles | 24 | €3,521 | - | -€3,521 | |
| Other tangible fixed assets | 26 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €139,180 | €220,641 | +€81,461 | +58.5% |
| Amounts receivable within one year | 40/41 | €119,052 | €110,157 | -€8,895 | -7.5% |
| Trade receivables | 40 | €47,183 | €1,392 | -€45,791 | -97.1% |
| Other amounts receivable | 41 | €71,869 | €108,765 | +€36,896 | +51.3% |
| Cash at bank and in hand | 54/58 | €15,057 | €101,207 | +€86,150 | +572% |
| Deferred charges and accrued income | 490/1 | €5,071 | €9,277 | +€4,206 | +82.9% |
| Total equity and liabilities | 10/49 | €209,759 | €292,423 | +€82,664 | +39.4% |
| Equity | 10/15 | €156,610 | €231,718 | +€75,108 | +48.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €144,281 | €219,389 | +€75,108 | +52.1% |
| Distributable reserves | 133 | €144,281 | €219,389 | +€75,108 | +52.1% |
| Profit (loss) carried forward | 14 | €6,129 | €6,129 | = | 0.0% |
| Amounts payable | 17/49 | €53,149 | €60,705 | +€7,556 | +14.2% |
| Amounts payable after more than one year | 17 | €27,880 | €22,878 | -€5,002 | -17.9% |
| Financial debts | 170/4 | €27,880 | €22,878 | -€5,002 | -17.9% |
| Amounts payable within one year | 42/48 | €25,269 | €37,827 | +€12,558 | +49.7% |
| Current portion of amounts payable after more than one year | 42 | €8,155 | €5,002 | -€3,153 | -38.7% |
| Trade debts | 44 | €983 | €241 | -€742 | -75.4% |
| Suppliers | 440/4 | €983 | €241 | -€742 | -75.4% |
| Taxes, remuneration and social security | 45 | €16,130 | €32,583 | +€16,453 | +102% |
| Taxes | 450/3 | €14,246 | €32,583 | +€18,337 | +129% |
| Remuneration and social security | 454/9 | €1,885 | - | -€1,885 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,938 | €4,400 | -€1,538 | -25.9% |
| Other operating charges | 640/8 | €148 | €151 | +€3 | +2.0% |
| Gross operating margin | 9900 | €61,857 | €118,676 | +€56,819 | +91.9% |
| Operating profit (loss) | 9901 | €55,771 | €114,125 | +€58,354 | +105% |
| Financial charges | 65/66B | €2,090 | €2,052 | -€38 | -1.8% |
| Recurring financial charges | 65 | €2,090 | €2,052 | -€38 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €53,680 | €112,073 | +€58,393 | +109% |
| Income taxes | 67/77 | €15,283 | €36,965 | +€21,681 | +142% |
| Profit (loss) for the period | 9904 | €38,397 | €75,108 | +€36,711 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,397 | €75,108 | +€36,711 | +95.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.