Convictam: 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.
Convictam
Largest movements
- Intangible fixed assets -€3,107
down €3,107 (-84.1%), from €3,695 to €588
- Cash -€433
down €433 (-39.0%), from €1,111 to €678
mainly Net result for the year (-€14,864) and Investment in fixed assets (net) (-€1,058)
- Receivables within one year -€246
down €246 (-60.0%), from €410 to €164
of which Other amounts receivable: -€305
- Tangible fixed assets -€148
down €148 (-6.8%), from €2,161 to €2,013
of which Furniture and vehicles: -€83
- Profit (loss) carried forward -€14,864
down €14,864 (-3.3%), from -€451,499 to -€466,364
- Other debts +€10,142
up €10,142 (+2.3%), from €438,598 to €448,740
- Accrued charges and deferred income +€1,067
new in 2025: €1,067
- Trade debts -€279
no longer reported in 2025 (was €279)
- Gross operating margin +€5,480
up €5,480 (+35.7%), from -€15,367 to -€9,887
- Financial charges -€3,628
down €3,628 (-98.0%), from €3,702 to €74
- Other operating charges +€203
up €203 (+52.3%), from €387 to €590
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 | €7,378 | €3,444 | -€3,935 | -53.3% |
| Fixed assets | 21/28 | €5,857 | €2,602 | -€3,255 | -55.6% |
| Intangible fixed assets | 21 | €3,695 | €588 | -€3,107 | -84.1% |
| Tangible fixed assets | 22/27 | €2,161 | €2,013 | -€148 | -6.8% |
| Land and buildings | 22 | €162 | €97 | -€65 | -40.0% |
| Furniture and vehicles | 24 | €1,999 | €1,916 | -€83 | -4.1% |
| Current assets | 29/58 | €1,522 | €842 | -€680 | -44.7% |
| Amounts receivable within one year | 40/41 | €410 | €164 | -€246 | -60.0% |
| Trade receivables | 40 | - | €59 | +€59 | |
| Other amounts receivable | 41 | €410 | €105 | -€305 | -74.4% |
| Cash at bank and in hand | 54/58 | €1,111 | €678 | -€433 | -39.0% |
| Total equity and liabilities | 10/49 | €7,378 | €3,444 | -€3,935 | -53.3% |
| Equity | 10/15 | -€431,499 | -€446,364 | -€14,864 | -3.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€451,499 | -€466,364 | -€14,864 | -3.3% |
| Amounts payable | 17/49 | €438,878 | €449,807 | +€10,930 | +2.5% |
| Amounts payable within one year | 42/48 | €438,878 | €448,740 | +€9,863 | +2.2% |
| Trade debts | 44 | €279 | - | -€279 | |
| Suppliers | 440/4 | €279 | - | -€279 | |
| Other amounts payable | 47/48 | €438,598 | €448,740 | +€10,142 | +2.3% |
| Accrued charges and deferred income | 492/3 | - | €1,067 | +€1,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,180 | €4,313 | +€133 | +3.2% |
| Other operating charges | 640/8 | €387 | €590 | +€203 | +52.3% |
| Gross operating margin | 9900 | -€15,367 | -€9,887 | +€5,480 | +35.7% |
| Operating profit (loss) | 9901 | -€19,934 | -€14,790 | +€5,144 | +25.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,702 | €74 | -€3,628 | -98.0% |
| Recurring financial charges | 65 | €3,702 | €74 | -€3,628 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,636 | -€14,864 | +€8,771 | +37.1% |
| Profit (loss) for the period | 9904 | -€23,636 | -€14,864 | +€8,771 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,636 | -€14,864 | +€8,771 | +37.1% |
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 11 October 2026 via checked.be.