Convivium: 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.
Convivium
Largest movements
- Cash +€780,914
new in 2025: €780,914
mainly Current investments (+€738,150) and Depreciation (+€76,319)
- Current investments -€738,150
no longer reported in 2025 (was €738,150)
- Receivables within one year +€117,022
up €117,022 (+34.3%), from €341,027 to €458,049
of which Trade receivables: +€157,354
- Tangible fixed assets -€60,948
down €60,948 (-21.5%), from €282,822 to €221,874
of which Land and buildings: -€36,890
- Profit (loss) carried forward +€59,434
up €59,434 (+17.6%), from €337,821 to €397,256
- Debts within one year +€47,698
up €47,698 (+9.2%), from €517,539 to €565,236
- Provisions +€33,913
up €33,913 (+27.1%), from €125,234 to €159,147
- Investment grants -€26,699
down €26,699 (-32.6%), from €81,798 to €55,098
- Gross operating margin +€91,214
up €91,214 (+5.1%), from €1.8m to €1.9m
- Staff costs +€87,822
up €87,822 (+5.6%), from €1.6m to €1.7m
- Turnover -€23,530
down €23,530 (-79.9%), from €29,445 to €5,915
- Purchases and services -€23,262
down €23,262 (-13.2%), from €175,942 to €152,680
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 | €1,429,472 | €1,528,099 | +€98,627 | +6.9% |
| Fixed assets | 21/28 | €298,183 | €235,795 | -€62,388 | -20.9% |
| Tangible fixed assets | 22/27 | €282,822 | €221,874 | -€60,948 | -21.5% |
| Land and buildings | 22 | €155,679 | €118,789 | -€36,890 | -23.7% |
| Furniture and vehicles | 24 | €37,172 | €21,352 | -€15,820 | -42.6% |
| Other tangible fixed assets | 26 | €89,971 | €81,733 | -€8,238 | -9.2% |
| Financial fixed assets | 28 | €15,361 | €13,921 | -€1,440 | -9.4% |
| Current assets | 29/58 | €1,131,289 | €1,292,304 | +€161,015 | +14.2% |
| Amounts receivable within one year | 40/41 | €341,027 | €458,049 | +€117,022 | +34.3% |
| Trade receivables | 40 | €91,993 | €249,347 | +€157,354 | +171.1% |
| Other amounts receivable | 41 | €249,034 | €208,701 | -€40,333 | -16.2% |
| Current investments | 50/53 | €738,150 | - | -€738,150 | |
| Cash at bank and in hand | 54/58 | - | €780,914 | +€780,914 | |
| Deferred charges and accrued income | 490/1 | €52,112 | €53,342 | +€1,230 | +2.4% |
| Total equity and liabilities | 10/49 | €1,429,472 | €1,528,099 | +€98,627 | +6.9% |
| Equity | 10/15 | €579,619 | €612,354 | +€32,735 | +5.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €140,000 | €140,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €337,821 | €397,256 | +€59,434 | +17.6% |
| Investment grants | 15 | €81,798 | €55,098 | -€26,699 | -32.6% |
| Provisions and deferred taxes | 16 | €125,234 | €159,147 | +€33,913 | +27.1% |
| Provisions for liabilities and charges | 160/5 | €50,450 | €71,951 | +€21,501 | +42.6% |
| Major repairs and maintenance | 162 | €50,450 | €62,661 | +€12,211 | +24.2% |
| Other liabilities and charges | 164/5 | - | €9,290 | +€9,290 | |
| Amounts payable | 17/49 | €724,619 | €756,597 | +€31,979 | +4.4% |
| Amounts payable after more than one year | 17 | €55,146 | €40,166 | -€14,980 | -27.2% |
| Financial debts | 170/4 | €55,146 | €40,166 | -€14,980 | -27.2% |
| Amounts payable within one year | 42/48 | €517,539 | €565,236 | +€47,698 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €14,396 | €14,980 | +€585 | +4.1% |
| Financial debts | 43 | €32,000 | €32,000 | = | 0.0% |
| Other loans | 439 | €32,000 | €32,000 | = | 0.0% |
| Trade debts | 44 | €100,347 | €59,640 | -€40,707 | -40.6% |
| Suppliers | 440/4 | €100,347 | €59,640 | -€40,707 | -40.6% |
| Taxes, remuneration and social security | 45 | €245,622 | €251,784 | +€6,162 | +2.5% |
| Taxes | 450/3 | €33,809 | €32,526 | -€1,283 | -3.8% |
| Remuneration and social security | 454/9 | €211,813 | €219,258 | +€7,445 | +3.5% |
| Accrued charges and deferred income | 492/3 | €151,934 | €151,195 | -€739 | -0.5% |
| Turnover | 70 | €29,445 | €5,915 | -€23,530 | -79.9% |
| Non-recurring operating income | 76A | €1,309 | €1,556 | +€247 | +18.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €175,942 | €152,680 | -€23,262 | -13.2% |
| Remuneration, social security and pensions | 62 | €1,578,995 | €1,666,817 | +€87,822 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,436 | €76,319 | +€2,882 | +3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €177 | -€633 | -€810 | |
| Other operating charges | 640/8 | €53,492 | €37,689 | -€15,803 | -29.5% |
| Non-recurring operating charges | 66A | €4,147 | €2,439 | -€1,709 | -41.2% |
| Gross operating margin | 9900 | €1,787,939 | €1,879,153 | +€91,214 | +5.1% |
| Operating profit (loss) | 9901 | €78,034 | €62,608 | -€15,426 | -19.8% |
| Financial income | 75/76B | €9 | €36 | +€26 | +277.4% |
| Recurring financial income | 75 | €9 | €36 | +€26 | +277.4% |
| Financial charges | 65/66B | €4,348 | €3,210 | -€1,138 | -26.2% |
| Recurring financial charges | 65 | €4,348 | €3,210 | -€1,138 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €73,696 | €59,434 | -€14,262 | -19.4% |
| Profit (loss) for the period | 9904 | €73,696 | €59,434 | -€14,262 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,696 | €59,434 | -€14,262 | -19.4% |
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 7 October 2026 via checked.be.