CONVEXUS: 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.
CONVEXUS
Largest movements
- Current investments +€60,223
new in 2026: €60,223
- Cash +€8,552
up €8,552 (+21.8%), from €39,202 to €47,754
mainly Net result for the year (+€47,777) and Other debts (+€18,349)
- Receivables within one year +€1,489
up €1,489 (+7.9%), from €18,898 to €20,387
of which Trade receivables: +€1,489
- Profit (loss) carried forward +€47,777
up €47,777 (+169.0%), from €28,269 to €76,046
- Other debts +€18,349
up €18,349 (+157.5%), from €11,651 to €30,000
- Accrued charges and deferred income +€2,124
new in 2026: €2,124
- Gross operating margin +€26,851
up €26,851 (+76.0%), from €35,337 to €62,188
- Taxes +€4,873
up €4,873 (+68.9%), from €7,067 to €11,940
- Financial charges +€2,920
new in 2026: €2,920
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,099 | €128,364 | +€70,265 | +120.9% |
| Current assets | 29/58 | €58,099 | €128,364 | +€70,265 | +120.9% |
| Amounts receivable within one year | 40/41 | €18,898 | €20,387 | +€1,489 | +7.9% |
| Trade receivables | 40 | €18,795 | €20,284 | +€1,489 | +7.9% |
| Other amounts receivable | 41 | €103 | €103 | = | 0.0% |
| Current investments | 50/53 | - | €60,223 | +€60,223 | |
| Cash at bank and in hand | 54/58 | €39,202 | €47,754 | +€8,552 | +21.8% |
| Total equity and liabilities | 10/49 | €58,099 | €128,364 | +€70,265 | +120.9% |
| Equity | 10/15 | €30,269 | €78,046 | +€47,777 | +157.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,269 | €76,046 | +€47,777 | +169.0% |
| Amounts payable | 17/49 | €27,830 | €50,318 | +€22,488 | +80.8% |
| Amounts payable within one year | 42/48 | €27,830 | €48,194 | +€20,364 | +73.2% |
| Trade debts | 44 | €13,230 | €14,190 | +€960 | +7.3% |
| Suppliers | 440/4 | €13,230 | €14,190 | +€960 | +7.3% |
| Taxes, remuneration and social security | 45 | €2,949 | €4,004 | +€1,055 | +35.8% |
| Taxes | 450/3 | €2,949 | €4,004 | +€1,055 | +35.8% |
| Other amounts payable | 47/48 | €11,651 | €30,000 | +€18,349 | +157.5% |
| Accrued charges and deferred income | 492/3 | - | €2,124 | +€2,124 | |
| Gross operating margin | 9900 | €35,337 | €62,188 | +€26,851 | +76.0% |
| Operating profit (loss) | 9901 | €35,337 | €62,188 | +€26,851 | +76.0% |
| Financial income | 75/76B | - | €449 | +€449 | |
| Recurring financial income | 75 | - | €449 | +€449 | |
| Financial charges | 65/66B | - | €2,920 | +€2,920 | |
| Recurring financial charges | 65 | - | €2,920 | +€2,920 | |
| Profit (loss) for the period before taxes | 9903 | €35,337 | €59,717 | +€24,381 | +69.0% |
| Income taxes | 67/77 | €7,067 | €11,940 | +€4,873 | +68.9% |
| Profit (loss) for the period | 9904 | €28,269 | €47,777 | +€19,508 | +69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,269 | €47,777 | +€19,508 | +69.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.