Convivendum Terra: 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.
Convivendum Terra
Largest movements
- Cash -€189,430
down €189,430 (-89.1%), from €212,621 to €23,191
mainly Net result for the year (-€121,059) and Other debts (-€97,000)
- Receivables within one year +€75,000
up €75,000 (+28.1%), from €266,500 to €341,500
- Short-term financial debts +€165,055
up €165,055 (+4.3%), from €3.9m to €4.0m
of which Credit institutions: +€165,055
- Profit (loss) carried forward -€121,059
down €121,059 (-302%), from -€40,139 to -€161,198
- Other debts -€97,000
down €97,000 (-24.1%), from €401,756 to €304,756
- Accrued charges and deferred income -€45,604
down €45,604 (-49.1%), from €92,905 to €47,302
- Financial charges +€73,709
up €73,709 (+38.1%), from €193,391 to €267,100
- Gross operating margin -€23,004
down €23,004 (-13.9%), from €165,250 to €142,246
- Financial income +€2,160
up €2,160 (+76.0%), from €2,841 to €5,001
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 | €4,342,586 | €4,242,915 | -€99,671 | -2.3% |
| Current assets | 29/58 | €4,342,586 | €4,242,915 | -€99,671 | -2.3% |
| Stocks and contracts in progress | 3 | €3,856,643 | €3,868,062 | +€11,419 | +0.3% |
| Stocks | 30/36 | €3,856,643 | €3,868,062 | +€11,419 | +0.3% |
| Amounts receivable within one year | 40/41 | €266,500 | €341,500 | +€75,000 | +28.1% |
| Other amounts receivable | 41 | €266,500 | €341,500 | +€75,000 | +28.1% |
| Cash at bank and in hand | 54/58 | €212,621 | €23,191 | -€189,430 | -89.1% |
| Deferred charges and accrued income | 490/1 | €6,822 | €10,162 | +€3,340 | +49.0% |
| Total equity and liabilities | 10/49 | €4,342,586 | €4,242,915 | -€99,671 | -2.3% |
| Equity | 10/15 | -€35,139 | -€156,198 | -€121,059 | -345% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,139 | -€161,198 | -€121,059 | -302% |
| Amounts payable | 17/49 | €4,377,725 | €4,399,113 | +€21,388 | +0.5% |
| Amounts payable within one year | 42/48 | €4,284,820 | €4,351,811 | +€66,991 | +1.6% |
| Financial debts | 43 | €3,882,000 | €4,047,055 | +€165,055 | +4.3% |
| Credit institutions | 430/8 | €2,982,000 | €3,147,055 | +€165,055 | +5.5% |
| Other loans | 439 | €900,000 | €900,000 | = | 0.0% |
| Trade debts | 44 | €1,064 | - | -€1,064 | |
| Suppliers | 440/4 | €1,064 | - | -€1,064 | |
| Other amounts payable | 47/48 | €401,756 | €304,756 | -€97,000 | -24.1% |
| Accrued charges and deferred income | 492/3 | €92,905 | €47,302 | -€45,604 | -49.1% |
| Other operating charges | 640/8 | €590 | €1,206 | +€616 | +104% |
| Gross operating margin | 9900 | €165,250 | €142,246 | -€23,004 | -13.9% |
| Operating profit (loss) | 9901 | €164,660 | €141,040 | -€23,620 | -14.3% |
| Financial income | 75/76B | €2,841 | €5,001 | +€2,160 | +76.0% |
| Recurring financial income | 75 | €2,841 | €5,001 | +€2,160 | +76.0% |
| Financial charges | 65/66B | €193,391 | €267,100 | +€73,709 | +38.1% |
| Recurring financial charges | 65 | €193,391 | €267,100 | +€73,709 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,891 | -€121,059 | -€95,168 | -368% |
| Profit (loss) for the period | 9904 | -€25,891 | -€121,059 | -€95,168 | -368% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,891 | -€121,059 | -€95,168 | -368% |
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 15 October 2026 via checked.be.