CONVERA: 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.
CONVERA
Largest movements
- Cash +€46,470
up €46,470 (+71.3%), from €65,153 to €111,623
mainly Net result for the year (+€44,674) and Tax, wage and social debts (+€17,054)
- Tangible fixed assets +€22,113
up €22,113 (+164%), from €13,460 to €35,573
of which Furniture and vehicles: +€25,900
- Receivables within one year +€7,332
up €7,332 (+62.5%), from €11,730 to €19,063
of which Trade receivables: +€5,125
- Profit (loss) carried forward +€44,674
up €44,674 (+740%), from €6,040 to €50,714
- Tax, wage and social debts +€17,054
up €17,054 (+442%), from €3,856 to €20,909
- Trade debts +€11,905
up €11,905 (+368%), from €3,233 to €15,138
- Other debts +€2,283
up €2,283 (+35.4%), from €6,453 to €8,736
- Gross operating margin +€51,364
up €51,364 (+284%), from €18,078 to €69,441
- Taxes +€10,373
up €10,373 (+393%), from €2,639 to €13,013
- Depreciation +€3,359
up €3,359 (+104%), from €3,218 to €6,576
- Financial charges +€1,541
up €1,541 (+692%), from €223 to €1,764
- Staff costs -€1,231
down €1,231 (-39.9%), from €3,089 to €1,858
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 | €93,003 | €168,918 | +€75,916 | +81.6% |
| Fixed assets | 21/28 | €13,569 | €35,682 | +€22,113 | +163% |
| Tangible fixed assets | 22/27 | €13,460 | €35,573 | +€22,113 | +164% |
| Plant, machinery and equipment | 23 | €10,510 | €7,497 | -€3,013 | -28.7% |
| Furniture and vehicles | 24 | - | €25,900 | +€25,900 | |
| Other tangible fixed assets | 26 | €2,950 | €2,177 | -€774 | -26.2% |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €79,433 | €133,236 | +€53,803 | +67.7% |
| Stocks and contracts in progress | 3 | €2,551 | €2,551 | = | 0.0% |
| Stocks | 30/36 | €2,551 | €2,551 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,730 | €19,063 | +€7,332 | +62.5% |
| Trade receivables | 40 | €10,938 | €16,063 | +€5,125 | +46.9% |
| Other amounts receivable | 41 | €793 | €3,000 | +€2,207 | +279% |
| Cash at bank and in hand | 54/58 | €65,153 | €111,623 | +€46,470 | +71.3% |
| Total equity and liabilities | 10/49 | €93,003 | €168,918 | +€75,916 | +81.6% |
| Equity | 10/15 | €79,461 | €124,135 | +€44,674 | +56.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €70,421 | €70,421 | = | 0.0% |
| Distributable reserves | 133 | €70,421 | €70,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,040 | €50,714 | +€44,674 | +740% |
| Amounts payable | 17/49 | €13,542 | €44,783 | +€31,242 | +231% |
| Amounts payable within one year | 42/48 | €13,542 | €44,783 | +€31,242 | +231% |
| Trade debts | 44 | €3,233 | €15,138 | +€11,905 | +368% |
| Suppliers | 440/4 | €3,233 | €15,138 | +€11,905 | +368% |
| Taxes, remuneration and social security | 45 | €3,856 | €20,909 | +€17,054 | +442% |
| Taxes | 450/3 | €3,856 | €20,909 | +€17,054 | +442% |
| Other amounts payable | 47/48 | €6,453 | €8,736 | +€2,283 | +35.4% |
| Remuneration, social security and pensions | 62 | €3,089 | €1,858 | -€1,231 | -39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,218 | €6,576 | +€3,359 | +104% |
| Other operating charges | 640/8 | €741 | €1,559 | +€819 | +111% |
| Gross operating margin | 9900 | €18,078 | €69,441 | +€51,364 | +284% |
| Operating profit (loss) | 9901 | €11,030 | €59,448 | +€48,418 | +439% |
| Financial income | 75/76B | €48 | €3 | -€45 | -93.8% |
| Recurring financial income | 75 | €48 | €3 | -€45 | -93.8% |
| Financial charges | 65/66B | €223 | €1,764 | +€1,541 | +692% |
| Recurring financial charges | 65 | €223 | €1,764 | +€1,541 | +692% |
| Profit (loss) for the period before taxes | 9903 | €10,855 | €57,687 | +€46,832 | +431% |
| Income taxes | 67/77 | €2,639 | €13,013 | +€10,373 | +393% |
| Profit (loss) for the period | 9904 | €8,216 | €44,674 | +€36,458 | +444% |
| Profit (loss) for the period to be appropriated | 9905 | €8,216 | €44,674 | +€36,458 | +444% |
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 13 October 2026 via checked.be.