CONVERSATE: 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.
CONVERSATE
Largest movements
- Tangible fixed assets +€47,575
up €47,575 (+2776.4%), from €1,714 to €49,288
of which Plant, machinery and equipment: +€48,060
- Cash -€37,177
down €37,177 (-26.9%), from €138,367 to €101,190
mainly Investment in fixed assets (net) (-€50,122) and Trade debts (-€26,254)
- Receivables within one year -€27,025
down €27,025 (-67.4%), from €40,096 to €13,071
of which Trade receivables: -€30,318
- Trade debts -€26,254
down €26,254 (-85.5%), from €30,722 to €4,468
- Tax, wage and social debts -€16,555
down €16,555 (-96.2%), from €17,212 to €657
- Reserves +€13,818
up €13,818 (+11.7%), from €117,627 to €131,445
- Other debts +€10,201
up €10,201 (+223.0%), from €4,574 to €14,775
- Depreciation +€2,062
up €2,062 (+280.6%), from €735 to €2,797
- Taxes -€1,040
down €1,040 (-9.2%), from €11,296 to €10,256
- Other operating charges +€773
up €773 (+1717.4%), from €45 to €818
- Gross operating margin -€734
down €734 (-1.8%), from €39,698 to €38,965
- Financial income +€506
new in 2025: €506
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 | €183,889 | €165,096 | -€18,793 | -10.2% |
| Fixed assets | 21/28 | €2,298 | €49,622 | +€47,325 | +2059.8% |
| Intangible fixed assets | 21 | €584 | €334 | -€250 | -42.9% |
| Tangible fixed assets | 22/27 | €1,714 | €49,288 | +€47,575 | +2776.4% |
| Plant, machinery and equipment | 23 | - | €48,060 | +€48,060 | |
| Furniture and vehicles | 24 | €1,714 | €1,229 | -€485 | -28.3% |
| Current assets | 29/58 | €181,592 | €115,474 | -€66,118 | -36.4% |
| Stocks and contracts in progress | 3 | €2,938 | €1,213 | -€1,726 | -58.7% |
| Stocks | 30/36 | €2,938 | €1,213 | -€1,726 | -58.7% |
| Amounts receivable within one year | 40/41 | €40,096 | €13,071 | -€27,025 | -67.4% |
| Trade receivables | 40 | €40,096 | €9,779 | -€30,318 | -75.6% |
| Other amounts receivable | 41 | - | €3,293 | +€3,293 | |
| Cash at bank and in hand | 54/58 | €138,367 | €101,190 | -€37,177 | -26.9% |
| Deferred charges and accrued income | 490/1 | €190 | - | -€190 | |
| Total equity and liabilities | 10/49 | €183,889 | €165,096 | -€18,793 | -10.2% |
| Equity | 10/15 | €130,127 | €143,945 | +€13,818 | +10.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €117,627 | €131,445 | +€13,818 | +11.7% |
| Distributable reserves | 133 | €117,627 | €131,445 | +€13,818 | +11.7% |
| Amounts payable | 17/49 | €53,762 | €21,150 | -€32,611 | -60.7% |
| Amounts payable within one year | 42/48 | €52,508 | €19,900 | -€32,607 | -62.1% |
| Trade debts | 44 | €30,722 | €4,468 | -€26,254 | -85.5% |
| Suppliers | 440/4 | €30,722 | €4,468 | -€26,254 | -85.5% |
| Taxes, remuneration and social security | 45 | €17,212 | €657 | -€16,555 | -96.2% |
| Taxes | 450/3 | €17,212 | €657 | -€16,555 | -96.2% |
| Other amounts payable | 47/48 | €4,574 | €14,775 | +€10,201 | +223.0% |
| Accrued charges and deferred income | 492/3 | €1,254 | €1,250 | -€4 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €735 | €2,797 | +€2,062 | +280.6% |
| Other operating charges | 640/8 | €45 | €818 | +€773 | +1717.4% |
| Gross operating margin | 9900 | €39,698 | €38,965 | -€734 | -1.8% |
| Operating profit (loss) | 9901 | €38,918 | €35,350 | -€3,569 | -9.2% |
| Financial income | 75/76B | - | €506 | +€506 | |
| Recurring financial income | 75 | - | €506 | +€506 | |
| Financial charges | 65/66B | €1,471 | €1,782 | +€310 | +21.1% |
| Recurring financial charges | 65 | €1,471 | €1,782 | +€310 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €37,447 | €34,074 | -€3,373 | -9.0% |
| Income taxes | 67/77 | €11,296 | €10,256 | -€1,040 | -9.2% |
| Profit (loss) for the period | 9904 | €26,151 | €23,818 | -€2,333 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,151 | €23,818 | -€2,333 | -8.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.