de Coninsart: 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.
de Coninsart
Largest movements
- Tangible fixed assets +€159,269
up €159,269 (+25.2%), from €631,808 to €791,077
of which Land and buildings: +€195,538
- Cash +€145,670
up €145,670 (+5,277%), from €2,760 to €148,430
mainly Debts after one year (+€382,794) and Depreciation (+€51,496)
- Receivables within one year +€14,400
up €14,400 (+351%), from €4,106 to €18,506
of which Trade receivables: +€14,400
- Debts after one year +€382,794
up €382,794 (+152%), from €252,112 to €634,906
- Reserves -€46,078
down €46,078 (-21.9%), from €210,633 to €164,555
of which Tax-exempt reserves: -€46,078
- Profit (loss) carried forward +€22,665
up €22,665 (+83.7%), from -€27,079 to -€4,414
- Other debts -€18,800
down €18,800 (-91.7%), from €20,505 to €1,705
- Trade debts -€14,628
down €14,628 (-68.2%), from €21,443 to €6,815
- Depreciation +€24,295
up €24,295 (+89.3%), from €27,201 to €51,496
- Gross operating margin +€13,642
up €13,642 (+914%), from €1,493 to €15,135
- Financial income +€7,169
up €7,169 (+35,845,500%), from €0 to €7,169
- Financial charges +€4,072
up €4,072 (+9,050%), from €45 to €4,117
- Other operating charges +€520
up €520 (+47.2%), from €1,103 to €1,623
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 | €638,675 | €961,352 | +€322,678 | +50.5% |
| Fixed assets | 21/28 | €631,808 | €791,077 | +€159,269 | +25.2% |
| Tangible fixed assets | 22/27 | €631,808 | €791,077 | +€159,269 | +25.2% |
| Land and buildings | 22 | €595,082 | €790,619 | +€195,538 | +32.9% |
| Plant, machinery and equipment | 23 | €687 | €458 | -€229 | -33.3% |
| Assets under construction and advance payments | 27 | €36,040 | - | -€36,040 | |
| Current assets | 29/58 | €6,867 | €170,276 | +€163,409 | +2,380% |
| Amounts receivable within one year | 40/41 | €4,106 | €18,506 | +€14,400 | +351% |
| Trade receivables | 40 | - | €14,400 | +€14,400 | |
| Other amounts receivable | 41 | €4,106 | €4,106 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,760 | €148,430 | +€145,670 | +5,277% |
| Deferred charges and accrued income | 490/1 | - | €3,339 | +€3,339 | |
| Total equity and liabilities | 10/49 | €638,675 | €961,352 | +€322,678 | +50.5% |
| Equity | 10/15 | €208,343 | €184,930 | -€23,413 | -11.2% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | €24,789 | = | 0.0% |
| Issued capital | 100 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €210,633 | €164,555 | -€46,078 | -21.9% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Legal reserve | 130 | €4,958 | €4,958 | = | 0.0% |
| Tax-exempt reserves | 132 | €205,675 | €159,597 | -€46,078 | -22.4% |
| Profit (loss) carried forward | 14 | -€27,079 | -€4,414 | +€22,665 | +83.7% |
| Provisions and deferred taxes | 16 | €136,271 | €124,752 | -€11,520 | -8.5% |
| Provisions for liabilities and charges | 160/5 | €136,271 | - | -€136,271 | |
| Major repairs and maintenance | 162 | €136,271 | - | -€136,271 | |
| Deferred taxes | 168 | - | €124,752 | +€124,752 | |
| Amounts payable | 17/49 | €294,060 | €651,670 | +€357,610 | +122% |
| Amounts payable after more than one year | 17 | €252,112 | €634,906 | +€382,794 | +152% |
| Financial debts | 170/4 | €252,112 | €634,906 | +€382,794 | +152% |
| Amounts payable within one year | 42/48 | €41,948 | €15,653 | -€26,295 | -62.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,133 | +€7,133 | |
| Trade debts | 44 | €21,443 | €6,815 | -€14,628 | -68.2% |
| Suppliers | 440/4 | €21,443 | €6,815 | -€14,628 | -68.2% |
| Other amounts payable | 47/48 | €20,505 | €1,705 | -€18,800 | -91.7% |
| Accrued charges and deferred income | 492/3 | - | €1,111 | +€1,111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,201 | €51,496 | +€24,295 | +89.3% |
| Other operating charges | 640/8 | €1,103 | €1,623 | +€520 | +47.2% |
| Gross operating margin | 9900 | €1,493 | €15,135 | +€13,642 | +914% |
| Operating profit (loss) | 9901 | -€26,811 | -€37,984 | -€11,173 | -41.7% |
| Financial income | 75/76B | €0 | €7,169 | +€7,169 | +35,845,500% |
| Recurring financial income | 75 | €0 | €7,169 | +€7,169 | +35,845,500% |
| Financial charges | 65/66B | €45 | €4,117 | +€4,072 | +9,050% |
| Recurring financial charges | 65 | €45 | €4,117 | +€4,072 | +9,050% |
| Profit (loss) for the period before taxes | 9903 | -€26,856 | -€34,932 | -€8,077 | -30.1% |
| Transfer from deferred taxes | 780 | - | €11,520 | +€11,520 | |
| Profit (loss) for the period | 9904 | -€26,856 | -€23,413 | +€3,443 | +12.8% |
| Transfer from tax-exempt reserves | 789 | - | €46,078 | +€46,078 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,856 | €22,665 | +€49,521 |
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 18 October 2026 via checked.be.