CONVIMMO: 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.
CONVIMMO
Largest movements
- Cash +€925,651
up €925,651 (+145.5%), from €636,172 to €1.6m
mainly Net result for the year (+€616,720) and Investment in fixed assets (net) (+€127,633)
- Tangible fixed assets -€224,793
down €224,793 (-7.8%), from €2.9m to €2.7m
of which Land and buildings: -€223,932
- Reserves +€616,719
up €616,719 (+19.5%), from €3.2m to €3.8m
of which Distributable reserves: +€620,485
- Tax, wage and social debts +€90,456
up €90,456 (+567.2%), from €15,947 to €106,402
- Gross operating margin +€637,269
up €637,269 (+132.6%), from €480,567 to €1.1m
- Taxes +€258,561
up €258,561 (+801.3%), from €32,267 to €290,828
- Financial charges -€191,886
down €191,886 (-87.3%), from €219,760 to €27,874
of which Non-recurring financial charges: -€186,010
- Other operating charges +€31,673
up €31,673 (+54.7%), from €57,877 to €89,550
- Depreciation -€21,727
down €21,727 (-18.3%), from €118,886 to €97,160
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 | €3,822,115 | €4,531,926 | +€709,811 | +18.6% |
| Fixed assets | 21/28 | €2,880,420 | €2,655,627 | -€224,793 | -7.8% |
| Tangible fixed assets | 22/27 | €2,880,420 | €2,655,627 | -€224,793 | -7.8% |
| Land and buildings | 22 | €2,877,966 | €2,654,035 | -€223,932 | -7.8% |
| Plant, machinery and equipment | 23 | €1,682 | €1,170 | -€512 | -30.4% |
| Furniture and vehicles | 24 | €771 | €422 | -€349 | -45.3% |
| Current assets | 29/58 | €941,695 | €1,876,299 | +€934,604 | +99.2% |
| Amounts receivable within one year | 40/41 | €290,663 | €298,654 | +€7,991 | +2.7% |
| Other amounts receivable | 41 | €290,663 | €298,654 | +€7,991 | +2.7% |
| Cash at bank and in hand | 54/58 | €636,172 | €1,561,822 | +€925,651 | +145.5% |
| Deferred charges and accrued income | 490/1 | €14,860 | €15,823 | +€962 | +6.5% |
| Total equity and liabilities | 10/49 | €3,822,115 | €4,531,926 | +€709,811 | +18.6% |
| Equity | 10/15 | €3,390,559 | €4,007,279 | +€616,720 | +18.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,163,906 | €3,780,626 | +€616,719 | +19.5% |
| Tax-exempt reserves | 132 | €15,781 | €12,016 | -€3,766 | -23.9% |
| Distributable reserves | 133 | €3,148,125 | €3,768,610 | +€620,485 | +19.7% |
| Profit (loss) carried forward | 14 | €126,652 | €126,653 | +€1 | 0.0% |
| Provisions and deferred taxes | 16 | €8,126 | €6,186 | -€1,940 | -23.9% |
| Deferred taxes | 168 | €8,126 | €6,186 | -€1,940 | -23.9% |
| Amounts payable | 17/49 | €423,430 | €518,461 | +€95,031 | +22.4% |
| Amounts payable within one year | 42/48 | €409,392 | €504,399 | +€95,007 | +23.2% |
| Trade debts | 44 | €7,530 | €5,397 | -€2,132 | -28.3% |
| Suppliers | 440/4 | €7,530 | €5,397 | -€2,132 | -28.3% |
| Taxes, remuneration and social security | 45 | €15,947 | €106,402 | +€90,456 | +567.2% |
| Taxes | 450/3 | €15,947 | €106,402 | +€90,456 | +567.2% |
| Other amounts payable | 47/48 | €385,915 | €392,599 | +€6,684 | +1.7% |
| Accrued charges and deferred income | 492/3 | €14,039 | €14,062 | +€23 | +0.2% |
| Non-recurring operating income | 76A | - | €653,850 | +€653,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,886 | €97,160 | -€21,727 | -18.3% |
| Other operating charges | 640/8 | €57,877 | €89,550 | +€31,673 | +54.7% |
| Gross operating margin | 9900 | €480,567 | €1,117,836 | +€637,269 | +132.6% |
| Operating profit (loss) | 9901 | €303,803 | €931,126 | +€627,323 | +206.5% |
| Financial income | 75/76B | €2,740 | €2,356 | -€385 | -14.0% |
| Recurring financial income | 75 | €2,740 | €2,356 | -€385 | -14.0% |
| Financial charges | 65/66B | €219,760 | €27,874 | -€191,886 | -87.3% |
| Recurring financial charges | 65 | €33,751 | €27,874 | -€5,876 | -17.4% |
| Non-recurring financial charges | 66B | €186,010 | - | -€186,010 | |
| Profit (loss) for the period before taxes | 9903 | €86,783 | €905,608 | +€818,825 | +943.5% |
| Transfer from deferred taxes | 780 | €1,940 | €1,940 | = | 0.0% |
| Income taxes | 67/77 | €32,267 | €290,828 | +€258,561 | +801.3% |
| Profit (loss) for the period | 9904 | €56,456 | €616,720 | +€560,264 | +992.4% |
| Transfer from tax-exempt reserves | 789 | €3,766 | €3,766 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,221 | €620,486 | +€560,264 | +930.3% |
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 12 October 2026 via checked.be.