ConvEyXo: 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.
ConvEyXo
Largest movements
- Financial fixed assets +€1.9m
up €1.9m (+272.7%), from €696,378 to €2.6m
- Intangible fixed assets +€713,066
up €713,066 (+17.9%), from €4.0m to €4.7m
- Receivables within one year -€441,395
down €441,395 (-26.0%), from €1.7m to €1.3m
of which Other amounts receivable: -€294,446
- Current portion of long-term debt +€3.9m
up €3.9m (+674159.1%), from €579 to €3.9m
- Profit (loss) carried forward -€1.6m
down €1.6m (-78.9%), from -€2.0m to -€3.6m
- Debts after one year -€377,859
down €377,859 (-9.1%), from €4.2m to €3.8m
of which Other amounts payable: -€279,799
- Short-term financial debts +€327,613
up €327,613 (+69.0%), from €475,000 to €802,613
- Depreciation +€495,054
up €495,054 (+41.2%), from €1.2m to €1.7m
- Financial charges +€201,500
up €201,500 (+123.0%), from €163,789 to €365,288
- Financial income +€184,368
up €184,368 (+25.8%), from €714,544 to €898,912
- Staff costs +€116,210
up €116,210 (+55.2%), from €210,624 to €326,835
- Other operating charges +€61,558
up €61,558 (+740.9%), from €8,309 to €69,867
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 | €7,935,905 | €10,273,837 | +€2.3m | +29.5% |
| Fixed assets | 21/28 | €4,692,249 | €7,391,930 | +€2.7m | +57.5% |
| Intangible fixed assets | 21 | €3,986,424 | €4,699,490 | +€713,066 | +17.9% |
| Tangible fixed assets | 22/27 | €9,447 | €97,136 | +€87,689 | +928.2% |
| Plant, machinery and equipment | 23 | - | €22,604 | +€22,604 | |
| Furniture and vehicles | 24 | €9,447 | €25,191 | +€15,744 | +166.7% |
| Leasing and similar rights | 25 | - | €49,341 | +€49,341 | |
| Financial fixed assets | 28 | €696,378 | €2,595,304 | +€1.9m | +272.7% |
| Current assets | 29/58 | €3,243,656 | €2,881,907 | -€361,749 | -11.2% |
| Amounts receivable within one year | 40/41 | €1,700,712 | €1,259,317 | -€441,395 | -26.0% |
| Trade receivables | 40 | €229,477 | €82,529 | -€146,948 | -64.0% |
| Other amounts receivable | 41 | €1,471,235 | €1,176,788 | -€294,446 | -20.0% |
| Current investments | 50/53 | €2,739 | - | -€2,739 | |
| Cash at bank and in hand | 54/58 | €1,535,662 | €1,608,265 | +€72,602 | +4.7% |
| Deferred charges and accrued income | 490/1 | €4,543 | €14,325 | +€9,782 | +215.3% |
| Total equity and liabilities | 10/49 | €7,935,905 | €10,273,837 | +€2.3m | +29.5% |
| Equity | 10/15 | €2,961,626 | €1,388,840 | -€1.6m | -53.1% |
| Contributions | 10/11 | €2,752,166 | €2,752,166 | = | 0.0% |
| Capital | 10 | €273,887 | €273,887 | = | 0.0% |
| Issued capital | 100 | €273,887 | €273,887 | = | 0.0% |
| Outside capital | 11 | €2,478,279 | €2,478,279 | = | 0.0% |
| Share premium | 1100/10 | €2,478,279 | €2,478,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,035,380 | -€3,641,014 | -€1.6m | -78.9% |
| Investment grants | 15 | €2,244,840 | €2,277,688 | +€32,848 | +1.5% |
| Amounts payable | 17/49 | €4,974,279 | €8,884,997 | +€3.9m | +78.6% |
| Amounts payable after more than one year | 17 | €4,170,077 | €3,792,219 | -€377,859 | -9.1% |
| Financial debts | 170/4 | €2,536,194 | €2,438,135 | -€98,059 | -3.9% |
| Other amounts payable | 178/9 | €1,633,883 | €1,354,084 | -€279,799 | -17.1% |
| Amounts payable within one year | 42/48 | €804,202 | €5,092,778 | +€4.3m | +533.3% |
| Current portion of amounts payable after more than one year | 42 | €579 | €3,901,330 | +€3.9m | +674159.1% |
| Financial debts | 43 | €475,000 | €802,613 | +€327,613 | +69.0% |
| Credit institutions | 430/8 | €475,000 | €802,613 | +€327,613 | +69.0% |
| Trade debts | 44 | €282,607 | €362,738 | +€80,131 | +28.4% |
| Suppliers | 440/4 | €282,607 | €362,738 | +€80,131 | +28.4% |
| Taxes, remuneration and social security | 45 | €46,017 | €26,098 | -€19,919 | -43.3% |
| Taxes | 450/3 | €8,230 | €573 | -€7,657 | -93.0% |
| Remuneration and social security | 454/9 | €37,787 | €25,525 | -€12,262 | -32.5% |
| Remuneration, social security and pensions | 62 | €210,624 | €326,835 | +€116,210 | +55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,201,390 | €1,696,443 | +€495,054 | +41.2% |
| Other operating charges | 640/8 | €8,309 | €69,867 | +€61,558 | +740.9% |
| Gross operating margin | 9900 | -€76,396 | -€45,230 | +€31,165 | +40.8% |
| Operating profit (loss) | 9901 | -€1,496,719 | -€2,138,376 | -€641,657 | -42.9% |
| Financial income | 75/76B | €714,544 | €898,912 | +€184,368 | +25.8% |
| Recurring financial income | 75 | €714,544 | €898,912 | +€184,368 | +25.8% |
| Financial charges | 65/66B | €163,789 | €365,288 | +€201,500 | +123.0% |
| Recurring financial charges | 65 | €163,789 | €365,288 | +€201,500 | +123.0% |
| Profit (loss) for the period before taxes | 9903 | -€945,964 | -€1,604,752 | -€658,788 | -69.6% |
| Income taxes | 67/77 | €756 | €882 | +€126 | +16.6% |
| Profit (loss) for the period | 9904 | -€946,720 | -€1,605,634 | -€658,914 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€946,720 | -€1,605,634 | -€658,914 | -69.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.