COVENTIS: 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.
COVENTIS
Largest movements
- Cash +€144,301
up €144,301 (+149%), from €96,532 to €240,833
mainly Current investments (+€100,000) and Net result for the year (+€39,754)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets -€4,657
down €4,657 (-16.0%), from €29,074 to €24,416
of which Other tangible fixed assets: -€3,742
- Receivables within one year +€3,575
up €3,575 (+47.2%), from €7,580 to €11,154
of which Trade receivables: +€5,161
- Reserves +€39,754
up €39,754 (+29.2%), from €136,168 to €175,922
- Tax, wage and social debts +€3,254
up €3,254 (+55.2%), from €5,896 to €9,150
- Gross operating margin +€14,603
up €14,603 (+33.3%), from €43,852 to €58,455
- Taxes +€5,077
up €5,077 (+51.5%), from €9,855 to €14,932
- Financial income +€3,150
up €3,150 (+684,748%), from €0 to €3,150
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 | €234,719 | €278,173 | +€43,454 | +18.5% |
| Fixed assets | 21/28 | €29,854 | €25,196 | -€4,657 | -15.6% |
| Tangible fixed assets | 22/27 | €29,074 | €24,416 | -€4,657 | -16.0% |
| Furniture and vehicles | 24 | €1,617 | €702 | -€915 | -56.6% |
| Other tangible fixed assets | 26 | €27,457 | €23,715 | -€3,742 | -13.6% |
| Financial fixed assets | 28 | €780 | €780 | = | 0.0% |
| Current assets | 29/58 | €204,866 | €252,977 | +€48,111 | +23.5% |
| Amounts receivable within one year | 40/41 | €7,580 | €11,154 | +€3,575 | +47.2% |
| Trade receivables | 40 | €5,817 | €10,978 | +€5,161 | +88.7% |
| Other amounts receivable | 41 | €1,762 | €176 | -€1,586 | -90.0% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €96,532 | €240,833 | +€144,301 | +149% |
| Deferred charges and accrued income | 490/1 | €754 | €989 | +€236 | +31.3% |
| Total equity and liabilities | 10/49 | €234,719 | €278,173 | +€43,454 | +18.5% |
| Equity | 10/15 | €182,942 | €222,695 | +€39,754 | +21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,168 | €175,922 | +€39,754 | +29.2% |
| Distributable reserves | 133 | €136,168 | €175,922 | +€39,754 | +29.2% |
| Profit (loss) carried forward | 14 | €28,174 | €28,174 | = | 0.0% |
| Amounts payable | 17/49 | €51,778 | €55,478 | +€3,700 | +7.1% |
| Amounts payable within one year | 42/48 | €50,484 | €54,530 | +€4,046 | +8.0% |
| Trade debts | 44 | €5,122 | €7,779 | +€2,658 | +51.9% |
| Suppliers | 440/4 | €5,122 | €7,779 | +€2,658 | +51.9% |
| Advances received on contracts in progress | 46 | €1,200 | €0 | -€1,200 | -100% |
| Taxes, remuneration and social security | 45 | €5,896 | €9,150 | +€3,254 | +55.2% |
| Taxes | 450/3 | €5,896 | €9,150 | +€3,254 | +55.2% |
| Other amounts payable | 47/48 | €38,266 | €37,600 | -€666 | -1.7% |
| Accrued charges and deferred income | 492/3 | €1,294 | €948 | -€346 | -26.7% |
| Non-recurring operating income | 76A | €670 | €0 | -€670 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,029 | €4,657 | -€372 | -7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €111 | €0 | -€111 | -100% |
| Other operating charges | 640/8 | €1,196 | €983 | -€213 | -17.8% |
| Gross operating margin | 9900 | €43,852 | €58,455 | +€14,603 | +33.3% |
| Operating profit (loss) | 9901 | €37,516 | €52,815 | +€15,299 | +40.8% |
| Financial income | 75/76B | €0 | €3,150 | +€3,150 | +684,748% |
| Recurring financial income | 75 | €0 | €3,150 | +€3,150 | +684,748% |
| Financial charges | 65/66B | €1,484 | €1,279 | -€205 | -13.8% |
| Recurring financial charges | 65 | €1,484 | €1,279 | -€205 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €36,032 | €54,686 | +€18,654 | +51.8% |
| Income taxes | 67/77 | €9,855 | €14,932 | +€5,077 | +51.5% |
| Profit (loss) for the period | 9904 | €26,177 | €39,754 | +€13,577 | +51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,177 | €39,754 | +€13,577 | +51.9% |
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 23 October 2026 via checked.be.