Convo: 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.
Convo
Largest movements
- Cash +€42,353
up €42,353 (+95.1%), from €44,537 to €86,890
mainly Other debts (+€59,914) and Net result for the year (+€43,359)
- Receivables within one year +€12,203
up €12,203 (+56.0%), from €21,781 to €33,984
- Tangible fixed assets +€4,982
up €4,982 (+246%), from €2,026 to €7,008
of which Furniture and vehicles: +€6,148
- Other debts +€59,914
up €59,914 (+485%), from €12,352 to €72,266
- Reserves -€16,188
down €16,188 (-40.9%), from €39,547 to €23,359
- Tax, wage and social debts +€14,748
up €14,748 (+141%), from €10,427 to €25,174
- Gross operating margin +€5,846
up €5,846 (+10.5%), from €55,525 to €61,371
- Taxes +€1,263
up €1,263 (+10.0%), from €12,577 to €13,840
- Depreciation +€808
up €808 (+65.8%), from €1,227 to €2,035
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 | €69,234 | €128,775 | +€59,541 | +86.0% |
| Fixed assets | 21/28 | €2,026 | €7,008 | +€4,982 | +246% |
| Tangible fixed assets | 22/27 | €2,026 | €7,008 | +€4,982 | +246% |
| Furniture and vehicles | 24 | - | €6,148 | +€6,148 | |
| Other tangible fixed assets | 26 | €2,026 | €860 | -€1,166 | -57.5% |
| Current assets | 29/58 | €67,208 | €121,767 | +€54,559 | +81.2% |
| Amounts receivable within one year | 40/41 | €21,781 | €33,984 | +€12,203 | +56.0% |
| Trade receivables | 40 | €21,781 | €33,984 | +€12,203 | +56.0% |
| Cash at bank and in hand | 54/58 | €44,537 | €86,890 | +€42,353 | +95.1% |
| Deferred charges and accrued income | 490/1 | €890 | €893 | +€3 | +0.3% |
| Total equity and liabilities | 10/49 | €69,234 | €128,775 | +€59,541 | +86.0% |
| Equity | 10/15 | €44,547 | €28,359 | -€16,188 | -36.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,547 | €23,359 | -€16,188 | -40.9% |
| Distributable reserves | 133 | €39,547 | €23,359 | -€16,188 | -40.9% |
| Amounts payable | 17/49 | €24,687 | €100,416 | +€75,729 | +307% |
| Amounts payable within one year | 42/48 | €24,687 | €100,157 | +€75,470 | +306% |
| Trade debts | 44 | €1,909 | €2,717 | +€809 | +42.4% |
| Suppliers | 440/4 | €1,909 | €2,717 | +€809 | +42.4% |
| Taxes, remuneration and social security | 45 | €10,427 | €25,174 | +€14,748 | +141% |
| Taxes | 450/3 | €10,427 | €25,174 | +€14,748 | +141% |
| Other amounts payable | 47/48 | €12,352 | €72,266 | +€59,914 | +485% |
| Accrued charges and deferred income | 492/3 | - | €259 | +€259 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,227 | €2,035 | +€808 | +65.8% |
| Other operating charges | 640/8 | €2,020 | €1,919 | -€100 | -5.0% |
| Gross operating margin | 9900 | €55,525 | €61,371 | +€5,846 | +10.5% |
| Operating profit (loss) | 9901 | €52,278 | €57,417 | +€5,138 | +9.8% |
| Financial income | 75/76B | €176 | €6 | -€170 | -96.6% |
| Recurring financial income | 75 | €176 | €6 | -€170 | -96.6% |
| Financial charges | 65/66B | €330 | €224 | -€106 | -32.2% |
| Recurring financial charges | 65 | €330 | €224 | -€106 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €52,124 | €57,199 | +€5,075 | +9.7% |
| Income taxes | 67/77 | €12,577 | €13,840 | +€1,263 | +10.0% |
| Profit (loss) for the period | 9904 | €39,547 | €43,359 | +€3,812 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,547 | €43,359 | +€3,812 | +9.6% |
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 13 October 2026 via checked.be.