ECHAFAUDAGES CONREUR: what changed
ECHAFAUDAGES CONREUR
Largest movements
- Cash -€200,250
down €200,250 (-36.7%), from €546,018 to €345,768
mainly Contributions, distributions and other (-€452,629) and Investment in fixed assets (net) (-€163,004)
- Receivables within one year -€59,142
down €59,142 (-37.0%), from €159,776 to €100,634
of which Trade receivables: -€47,773
- Deferred charges and accrued income -€30,991
down €30,991 (-65.6%), from €47,235 to €16,243
- Reserves -€376,241
down €376,241 (-79.2%), from €474,765 to €98,523
of which Distributable reserves: -€376,241
- Other debts +€108,591
up €108,591 (+129%), from €84,478 to €193,069
- Trade debts -€30,746
down €30,746 (-29.0%), from €106,097 to €75,351
- Tax, wage and social debts +€17,005
up €17,005 (+213%), from €7,973 to €24,978
of which Taxes: +€16,940
- Staff costs -€133,998
down €133,998 (-26.5%), from €504,839 to €370,841
- Gross operating margin -€119,084
down €119,084 (-15.5%), from €766,135 to €647,051
- Depreciation +€38,679
up €38,679 (+32.5%), from €118,893 to €157,573
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,063,729 | €778,778 | -€284,952 | -26.8% |
| Fixed assets | 21/28 | €310,701 | €316,132 | +€5,432 | +1.7% |
| Intangible fixed assets | 21 | €8,507 | €6,771 | -€1,736 | -20.4% |
| Tangible fixed assets | 22/27 | €301,809 | €309,111 | +€7,302 | +2.4% |
| Plant, machinery and equipment | 23 | €148,574 | €208,984 | +€60,410 | +40.7% |
| Furniture and vehicles | 24 | €133,612 | €86,112 | -€47,499 | -35.6% |
| Other tangible fixed assets | 26 | €19,623 | €14,014 | -€5,608 | -28.6% |
| Financial fixed assets | 28 | €385 | €250 | -€135 | -35.1% |
| Current assets | 29/58 | €753,029 | €462,646 | -€290,383 | -38.6% |
| Amounts receivable within one year | 40/41 | €159,776 | €100,634 | -€59,142 | -37.0% |
| Trade receivables | 40 | €148,407 | €100,634 | -€47,773 | -32.2% |
| Other amounts receivable | 41 | €11,369 | €0 | -€11,369 | -100% |
| Cash at bank and in hand | 54/58 | €546,018 | €345,768 | -€200,250 | -36.7% |
| Deferred charges and accrued income | 490/1 | €47,235 | €16,243 | -€30,991 | -65.6% |
| Total equity and liabilities | 10/49 | €1,063,729 | €778,778 | -€284,952 | -26.8% |
| Equity | 10/15 | €861,621 | €485,379 | -€376,241 | -43.7% |
| Contributions | 10/11 | €13,634 | €13,634 | = | 0.0% |
| Reserves | 13 | €474,765 | €98,523 | -€376,241 | -79.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €276 | €276 | = | 0.0% |
| Distributable reserves | 133 | €472,629 | €96,388 | -€376,241 | -79.6% |
| Profit (loss) carried forward | 14 | €373,222 | €373,222 | -€0 | 0.0% |
| Amounts payable | 17/49 | €202,109 | €293,399 | +€91,290 | +45.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €202,109 | €293,399 | +€91,290 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €3,560 | €0 | -€3,560 | -100% |
| Trade debts | 44 | €106,097 | €75,351 | -€30,746 | -29.0% |
| Suppliers | 440/4 | €106,097 | €75,351 | -€30,746 | -29.0% |
| Taxes, remuneration and social security | 45 | €7,973 | €24,978 | +€17,005 | +213% |
| Taxes | 450/3 | €7,973 | €24,913 | +€16,940 | +212% |
| Remuneration and social security | 454/9 | - | €65 | +€65 | |
| Other amounts payable | 47/48 | €84,478 | €193,069 | +€108,591 | +129% |
| Remuneration, social security and pensions | 62 | €504,839 | €370,841 | -€133,998 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,893 | €157,573 | +€38,679 | +32.5% |
| Other operating charges | 640/8 | €4,473 | €6,069 | +€1,596 | +35.7% |
| Gross operating margin | 9900 | €766,135 | €647,051 | -€119,084 | -15.5% |
| Operating profit (loss) | 9901 | €137,929 | €112,568 | -€25,361 | -18.4% |
| Financial income | 75/76B | €428 | €915 | +€488 | +114% |
| Recurring financial income | 75 | €428 | €915 | +€488 | +114% |
| Financial charges | 65/66B | €1,626 | €164 | -€1,462 | -89.9% |
| Recurring financial charges | 65 | €1,626 | €164 | -€1,462 | -89.9% |
| Profit (loss) for the period before taxes | 9903 | €136,731 | €113,319 | -€23,412 | -17.1% |
| Income taxes | 67/77 | €38,114 | €36,932 | -€1,182 | -3.1% |
| Profit (loss) for the period | 9904 | €98,618 | €76,388 | -€22,230 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €98,618 | €76,388 | -€22,230 | -22.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.