CONVIX: 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.
CONVIX
Largest movements
- Receivables within one year +€26,962
up €26,962 (+152%), from €17,757 to €44,719
of which Other amounts receivable: +€24,017
- Cash -€21,348
down €21,348 (-36.8%), from €57,937 to €36,590
mainly Receivables within one year (-€26,962) and Contributions, distributions and other (-€17,500)
- Tangible fixed assets +€7,599
up €7,599 (+1,933%), from €393 to €7,993
- Reserves +€36,476
up €36,476 (+95.6%), from €38,159 to €74,635
- Contributions -€17,500
down €17,500 (-87.5%), from €20,000 to €2,500
- Tax, wage and social debts -€6,674
down €6,674 (-50.8%), from €13,138 to €6,464
of which Taxes: -€9,374
- Accrued charges and deferred income +€2,075
up €2,075 (+8,303%), from €25 to €2,100
- Gross operating margin +€29,240
up €29,240 (+108%), from €27,018 to €56,258
- Taxes +€7,930
up €7,930 (+84.8%), from €9,356 to €17,286
- Other operating charges +€1,306
up €1,306 (+133%), from €980 to €2,286
- Financial income +€834
new in 2025: €834
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 | €77,275 | €91,202 | +€13,927 | +18.0% |
| Fixed assets | 21/28 | €643 | €8,243 | +€7,599 | +1,182% |
| Tangible fixed assets | 22/27 | €393 | €7,993 | +€7,599 | +1,933% |
| Furniture and vehicles | 24 | €393 | €7,993 | +€7,599 | +1,933% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €76,632 | €82,959 | +€6,327 | +8.3% |
| Amounts receivable within one year | 40/41 | €17,757 | €44,719 | +€26,962 | +152% |
| Trade receivables | 40 | €13,027 | €15,972 | +€2,945 | +22.6% |
| Other amounts receivable | 41 | €4,730 | €28,747 | +€24,017 | +508% |
| Cash at bank and in hand | 54/58 | €57,937 | €36,590 | -€21,348 | -36.8% |
| Deferred charges and accrued income | 490/1 | €938 | €1,651 | +€713 | +76.1% |
| Total equity and liabilities | 10/49 | €77,275 | €91,202 | +€13,927 | +18.0% |
| Equity | 10/15 | €58,159 | €77,135 | +€18,976 | +32.6% |
| Contributions | 10/11 | €20,000 | €2,500 | -€17,500 | -87.5% |
| Reserves | 13 | €38,159 | €74,635 | +€36,476 | +95.6% |
| Distributable reserves | 133 | €38,159 | €74,635 | +€36,476 | +95.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,116 | €14,067 | -€5,050 | -26.4% |
| Amounts payable within one year | 42/48 | €19,091 | €11,967 | -€7,125 | -37.3% |
| Trade debts | 44 | €5,954 | €5,503 | -€451 | -7.6% |
| Suppliers | 440/4 | €5,954 | €5,503 | -€451 | -7.6% |
| Taxes, remuneration and social security | 45 | €13,138 | €6,464 | -€6,674 | -50.8% |
| Taxes | 450/3 | €13,138 | €3,764 | -€9,374 | -71.4% |
| Remuneration and social security | 454/9 | €0 | €2,700 | +€2,700 | |
| Accrued charges and deferred income | 492/3 | €25 | €2,100 | +€2,075 | +8,303% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €377 | €818 | +€442 | +117% |
| Other operating charges | 640/8 | €980 | €2,286 | +€1,306 | +133% |
| Gross operating margin | 9900 | €27,018 | €56,258 | +€29,240 | +108% |
| Operating profit (loss) | 9901 | €25,661 | €53,153 | +€27,492 | +107% |
| Financial income | 75/76B | - | €834 | +€834 | |
| Recurring financial income | 75 | - | €834 | +€834 | |
| Financial charges | 65/66B | €195 | €224 | +€29 | +15.0% |
| Recurring financial charges | 65 | €195 | €224 | +€29 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €25,466 | €53,763 | +€28,296 | +111% |
| Income taxes | 67/77 | €9,356 | €17,286 | +€7,930 | +84.8% |
| Profit (loss) for the period | 9904 | €16,110 | €36,476 | +€20,367 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €16,110 | €36,476 | +€20,367 | +126% |
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 27 October 2026 via checked.be.