CONVODENT: 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.
CONVODENT
Largest movements
- Receivables within one year +€34,963
up €34,963 (+59.9%), from €58,383 to €93,346
of which Other amounts receivable: +€32,529
- Cash +€19,787
up €19,787 (+153.1%), from €12,920 to €32,707
mainly Other debts (+€35,000) and Tax, wage and social debts (+€13,534)
- Other debts +€35,000
up €35,000 (+8750.0%), from €400 to €35,400
- Profit (loss) carried forward +€32,198
up €32,198 (+11.7%), from -€274,220 to -€242,022
- Reserves -€28,180
down €28,180 (-42.6%), from €66,145 to €37,965
of which Tax-exempt reserves: -€28,180
- Tax, wage and social debts +€13,534
up €13,534 (+121.4%), from €11,153 to €24,686
- Taxes +€30,635
new in 2025: €30,635
- Depreciation -€24,732
no longer reported in 2025 (was €24,732)
- Gross operating margin +€16,979
up €16,979 (+61.8%), from €27,466 to €44,445
- Turnover +€15,250
up €15,250 (+22.9%), from €66,472 to €81,722
- Staff costs +€4,433
up €4,433, from -€3,507 to €926
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 | €197,755 | €251,352 | +€53,597 | +27.1% |
| Fixed assets | 21/28 | €126,451 | €125,299 | -€1,153 | -0.9% |
| Tangible fixed assets | 22/27 | €126,303 | €125,150 | -€1,153 | -0.9% |
| Land and buildings | 22 | €125,150 | €125,150 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,153 | - | -€1,153 | |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €71,304 | €126,053 | +€54,750 | +76.8% |
| Amounts receivable within one year | 40/41 | €58,383 | €93,346 | +€34,963 | +59.9% |
| Trade receivables | 40 | €5,223 | €7,657 | +€2,434 | +46.6% |
| Other amounts receivable | 41 | €53,160 | €85,689 | +€32,529 | +61.2% |
| Cash at bank and in hand | 54/58 | €12,920 | €32,707 | +€19,787 | +153.1% |
| Total equity and liabilities | 10/49 | €197,755 | €251,352 | +€53,597 | +27.1% |
| Equity | 10/15 | €185,781 | €189,800 | +€4,018 | +2.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €331,856 | €331,856 | = | 0.0% |
| Reserves | 13 | €66,145 | €37,965 | -€28,180 | -42.6% |
| Non-distributable reserves | 130/1 | €37,965 | €37,965 | = | 0.0% |
| Legal reserve | 130 | €1,446 | €1,446 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,174 | €36,520 | +€19,345 | +112.6% |
| Other | 1319 | €19,345 | - | -€19,345 | |
| Tax-exempt reserves | 132 | €28,180 | - | -€28,180 | |
| Profit (loss) carried forward | 14 | -€274,220 | -€242,022 | +€32,198 | +11.7% |
| Amounts payable | 17/49 | €11,973 | €61,553 | +€49,579 | +414.1% |
| Amounts payable within one year | 42/48 | €11,973 | €61,553 | +€49,579 | +414.1% |
| Trade debts | 44 | €421 | €1,466 | +€1,045 | +248.4% |
| Suppliers | 440/4 | €421 | €1,466 | +€1,045 | +248.4% |
| Taxes, remuneration and social security | 45 | €11,153 | €24,686 | +€13,534 | +121.4% |
| Taxes | 450/3 | €11,153 | €24,686 | +€13,534 | +121.4% |
| Other amounts payable | 47/48 | €400 | €35,400 | +€35,000 | +8750.0% |
| Turnover | 70 | €66,472 | €81,722 | +€15,250 | +22.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,005 | €37,277 | -€1,728 | -4.4% |
| Remuneration, social security and pensions | 62 | -€3,507 | €926 | +€4,433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,732 | - | -€24,732 | |
| Other operating charges | 640/8 | €4,087 | €4,758 | +€671 | +16.4% |
| Gross operating margin | 9900 | €27,466 | €44,445 | +€16,979 | +61.8% |
| Operating profit (loss) | 9901 | €2,154 | €38,761 | +€36,607 | +1699.4% |
| Financial income | 75/76B | €160 | €4 | -€156 | -97.5% |
| Recurring financial income | 75 | €160 | €4 | -€156 | -97.5% |
| Financial charges | 65/66B | €1,964 | €4,111 | +€2,147 | +109.3% |
| Recurring financial charges | 65 | €1,964 | €723 | -€1,242 | -63.2% |
| Non-recurring financial charges | 66B | - | €3,389 | +€3,389 | |
| Profit (loss) for the period before taxes | 9903 | €350 | €34,654 | +€34,303 | +9797.3% |
| Income taxes | 67/77 | - | €30,635 | +€30,635 | |
| Profit (loss) for the period | 9904 | €350 | €4,018 | +€3,668 | +1047.6% |
| Profit (loss) for the period to be appropriated | 9905 | €350 | €4,018 | +€3,668 | +1047.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.