CONVIDENCIA: 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.
CONVIDENCIA
Largest movements
- Current investments +€120,000
new in 2025: €120,000
- Receivables within one year +€69,693
up €69,693 (+37.1%), from €187,944 to €257,638
of which Trade receivables: +€37,857
- Cash +€14,463
up €14,463 (+5.1%), from €286,244 to €300,707
mainly Trade debts (+€167,050) and Net result for the year (+€117,767)
- Deferred charges and accrued income -€8,709
down €8,709 (-28.1%), from €30,981 to €22,271
- Trade debts +€167,050
up €167,050 (+106%), from €157,149 to €324,199
- Profit (loss) carried forward +€47,767
up €47,767 (+21.0%), from €227,759 to €275,526
- Debts after one year -€19,240
no longer reported in 2025 (was €19,240)
- Gross operating margin +€97,951
up €97,951 (+43.7%), from €224,296 to €322,247
- Taxes +€26,976
up €26,976 (+142%), from €18,979 to €45,956
- Other operating charges -€11,318
down €11,318 (-96.4%), from €11,739 to €421
- Staff costs -€6,918
down €6,918 (-4.3%), from €160,177 to €153,259
- Financial income -€3,813
down €3,813 (-63.7%), from €5,982 to €2,169
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 | €536,326 | €730,131 | +€193,805 | +36.1% |
| Fixed assets | 21/28 | €25,890 | €25,809 | -€81 | -0.3% |
| Tangible fixed assets | 22/27 | €2,519 | €5,938 | +€3,419 | +136% |
| Furniture and vehicles | 24 | €2,519 | €5,938 | +€3,419 | +136% |
| Financial fixed assets | 28 | €23,371 | €19,871 | -€3,500 | -15.0% |
| Current assets | 29/58 | €510,436 | €704,321 | +€193,886 | +38.0% |
| Stocks and contracts in progress | 3 | €5,267 | €3,706 | -€1,562 | -29.6% |
| Stocks | 30/36 | €5,267 | €3,706 | -€1,562 | -29.6% |
| Amounts receivable within one year | 40/41 | €187,944 | €257,638 | +€69,693 | +37.1% |
| Trade receivables | 40 | €186,318 | €224,175 | +€37,857 | +20.3% |
| Other amounts receivable | 41 | €1,626 | €33,463 | +€31,836 | +1,957% |
| Current investments | 50/53 | - | €120,000 | +€120,000 | |
| Cash at bank and in hand | 54/58 | €286,244 | €300,707 | +€14,463 | +5.1% |
| Deferred charges and accrued income | 490/1 | €30,981 | €22,271 | -€8,709 | -28.1% |
| Total equity and liabilities | 10/49 | €536,326 | €730,131 | +€193,805 | +36.1% |
| Equity | 10/15 | €326,972 | €374,739 | +€47,767 | +14.6% |
| Contributions | 10/11 | €99,213 | €99,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | €227,759 | €275,526 | +€47,767 | +21.0% |
| Amounts payable | 17/49 | €209,354 | €355,392 | +€146,038 | +69.8% |
| Amounts payable after more than one year | 17 | €19,240 | - | -€19,240 | |
| Financial debts | 170/4 | €19,240 | - | -€19,240 | |
| Amounts payable within one year | 42/48 | €190,113 | €355,392 | +€165,279 | +86.9% |
| Current portion of amounts payable after more than one year | 42 | €20,744 | €19,240 | -€1,503 | -7.2% |
| Trade debts | 44 | €157,149 | €324,199 | +€167,050 | +106% |
| Suppliers | 440/4 | €157,149 | €324,199 | +€167,050 | +106% |
| Taxes, remuneration and social security | 45 | €12,221 | €11,952 | -€269 | -2.2% |
| Taxes | 450/3 | €1,818 | - | -€1,818 | |
| Remuneration and social security | 454/9 | €10,403 | €11,952 | +€1,550 | +14.9% |
| Remuneration, social security and pensions | 62 | €160,177 | €153,259 | -€6,918 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,191 | €2,505 | -€2,686 | -51.8% |
| Other operating charges | 640/8 | €11,739 | €421 | -€11,318 | -96.4% |
| Gross operating margin | 9900 | €224,296 | €322,247 | +€97,951 | +43.7% |
| Operating profit (loss) | 9901 | €47,189 | €166,062 | +€118,873 | +252% |
| Financial income | 75/76B | €5,982 | €2,169 | -€3,813 | -63.7% |
| Recurring financial income | 75 | €5,982 | €2,169 | -€3,813 | -63.7% |
| Financial charges | 65/66B | €5,041 | €4,509 | -€532 | -10.6% |
| Recurring financial charges | 65 | €5,041 | €4,509 | -€532 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €48,130 | €163,723 | +€115,592 | +240% |
| Income taxes | 67/77 | €18,979 | €45,956 | +€26,976 | +142% |
| Profit (loss) for the period | 9904 | €29,151 | €117,767 | +€88,616 | +304% |
| Profit (loss) for the period to be appropriated | 9905 | €29,151 | €117,767 | +€88,616 | +304% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.