CONVERGENCE BI & ANALYTICS: 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.
CONVERGENCE BI & ANALYTICS
Largest movements
- Receivables within one year +€94,249
up €94,249 (+32.7%), from €288,147 to €382,396
of which Trade receivables: +€56,313
- Cash +€6,642
up €6,642 (+15,679%), from €42 to €6,684
mainly Net result for the year (+€70,003) and Other debts (+€32,454)
- Profit (loss) carried forward +€70,003
up €70,003 (+32.0%), from -€218,541 to -€148,538
- Other debts +€32,454
up €32,454 (+30.2%), from €107,489 to €139,943
- Gross operating margin +€29,760
up €29,760 (+70.1%), from €42,440 to €72,200
- Other operating charges -€1,891
down €1,891 (-82.5%), from €2,291 to €400
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 | €291,270 | €391,161 | +€99,891 | +34.3% |
| Fixed assets | 21/28 | €3,081 | €2,081 | -€1,000 | -32.5% |
| Intangible fixed assets | 21 | €3,081 | €2,081 | -€1,000 | -32.5% |
| Current assets | 29/58 | €288,189 | €389,080 | +€100,891 | +35.0% |
| Amounts receivable within one year | 40/41 | €288,147 | €382,396 | +€94,249 | +32.7% |
| Trade receivables | 40 | €157,294 | €213,607 | +€56,313 | +35.8% |
| Other amounts receivable | 41 | €130,853 | €168,789 | +€37,936 | +29.0% |
| Cash at bank and in hand | 54/58 | €42 | €6,684 | +€6,642 | +15,679% |
| Total equity and liabilities | 10/49 | €291,270 | €391,161 | +€99,891 | +34.3% |
| Equity | 10/15 | €168,972 | €238,975 | +€70,003 | +41.4% |
| Contributions | 10/11 | €385,000 | €385,000 | = | 0.0% |
| Reserves | 13 | €2,512 | €2,512 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,512 | €2,512 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,512 | €2,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,541 | -€148,538 | +€70,003 | +32.0% |
| Amounts payable | 17/49 | €122,298 | €152,186 | +€29,888 | +24.4% |
| Amounts payable within one year | 42/48 | €122,298 | €152,186 | +€29,888 | +24.4% |
| Trade debts | 44 | €3,400 | €3,400 | = | 0.0% |
| Suppliers | 440/4 | €3,400 | €3,400 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,409 | €8,843 | -€2,567 | -22.5% |
| Taxes | 450/3 | €11,409 | €8,843 | -€2,567 | -22.5% |
| Other amounts payable | 47/48 | €107,489 | €139,943 | +€32,454 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,000 | = | 0.0% |
| Other operating charges | 640/8 | €2,291 | €400 | -€1,891 | -82.5% |
| Gross operating margin | 9900 | €42,440 | €72,200 | +€29,760 | +70.1% |
| Operating profit (loss) | 9901 | €39,149 | €70,800 | +€31,651 | +80.8% |
| Financial income | 75/76B | €3 | €8 | +€5 | +176% |
| Recurring financial income | 75 | €3 | €8 | +€5 | +176% |
| Financial charges | 65/66B | €718 | €805 | +€87 | +12.0% |
| Recurring financial charges | 65 | €718 | €805 | +€87 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €38,434 | €70,003 | +€31,570 | +82.1% |
| Profit (loss) for the period | 9904 | €38,434 | €70,003 | +€31,570 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,434 | €70,003 | +€31,570 | +82.1% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.