DE CONYNCK MANAGEMENT SERVICES: 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 CONYNCK MANAGEMENT SERVICES
Largest movements
- Financial fixed assets +€550,000
up €550,000 (+14.8%), from €3.7m to €4.3m
- Receivables after one year +€549,000
up €549,000 (+26.9%), from €2.0m to €2.6m
- Receivables within one year +€114,934
up €114,934 (+31.9%), from €360,815 to €475,749
- Debts after one year +€1.1m
up €1.1m (+21.7%), from €5.3m to €6.4m
of which Financial debts: +€1.1m
- Other debts +€81,670
up €81,670 (+13.5%), from €603,219 to €684,888
- Financial charges -€15,556
down €15,556 (-9.6%), from €162,568 to €147,012
- Financial income +€10,351
up €10,351 (+9.3%), from €110,808 to €121,159
- Gross operating margin -€564
down €564 (-2.0%), from €28,178 to €27,614
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 | €6,444,780 | €7,654,094 | +€1.2m | +18.8% |
| Fixed assets | 21/28 | €4,042,328 | €4,580,778 | +€538,450 | +13.3% |
| Tangible fixed assets | 22/27 | €334,753 | €323,203 | -€11,550 | -3.5% |
| Land and buildings | 22 | €334,753 | €323,203 | -€11,550 | -3.5% |
| Financial fixed assets | 28 | €3,707,576 | €4,257,576 | +€550,000 | +14.8% |
| Current assets | 29/58 | €2,402,452 | €3,073,316 | +€670,865 | +27.9% |
| Amounts receivable after more than one year | 29 | €2,040,000 | €2,589,000 | +€549,000 | +26.9% |
| Other amounts receivable | 291 | €2,040,000 | €2,589,000 | +€549,000 | +26.9% |
| Amounts receivable within one year | 40/41 | €360,815 | €475,749 | +€114,934 | +31.9% |
| Other amounts receivable | 41 | €360,815 | €475,749 | +€114,934 | +31.9% |
| Cash at bank and in hand | 54/58 | €1,637 | €8,568 | +€6,931 | +423% |
| Total equity and liabilities | 10/49 | €6,444,780 | €7,654,094 | +€1.2m | +18.8% |
| Equity | 10/15 | €553,823 | €538,310 | -€15,514 | -2.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,823 | -€11,690 | -€15,514 | |
| Amounts payable | 17/49 | €5,890,956 | €7,115,785 | +€1.2m | +20.8% |
| Amounts payable after more than one year | 17 | €5,280,750 | €6,424,050 | +€1.1m | +21.7% |
| Financial debts | 170/4 | €5,255,750 | €6,399,050 | +€1.1m | +21.8% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €610,206 | €691,735 | +€81,528 | +13.4% |
| Trade debts | 44 | €6,988 | €6,846 | -€141 | -2.0% |
| Suppliers | 440/4 | €6,988 | €6,846 | -€141 | -2.0% |
| Other amounts payable | 47/48 | €603,219 | €684,888 | +€81,670 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,550 | €11,550 | = | 0.0% |
| Other operating charges | 640/8 | €5,551 | €5,725 | +€175 | +3.1% |
| Gross operating margin | 9900 | €28,178 | €27,614 | -€564 | -2.0% |
| Operating profit (loss) | 9901 | €11,077 | €10,338 | -€738 | -6.7% |
| Financial income | 75/76B | €110,808 | €121,159 | +€10,351 | +9.3% |
| Recurring financial income | 75 | €110,808 | €121,159 | +€10,351 | +9.3% |
| Financial charges | 65/66B | €162,568 | €147,012 | -€15,556 | -9.6% |
| Recurring financial charges | 65 | €162,568 | €147,012 | -€15,556 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | -€40,683 | -€15,514 | +€25,169 | +61.9% |
| Profit (loss) for the period | 9904 | -€40,683 | -€15,514 | +€25,169 | +61.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,683 | -€15,514 | +€25,169 | +61.9% |
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.