Gwendolina Conti: what changed
Gwendolina Conti
Largest movements
- Cash +€18,421
up €18,421 (+2,058%), from €895 to €19,316
mainly Net result for the year (+€20,048) and Tax, wage and social debts (+€5,000)
- Tangible fixed assets -€4,438
down €4,438 (-20.5%), from €21,654 to €17,216
- Receivables within one year +€1,644
up €1,644 (+24.6%), from €6,694 to €8,338
- Deferred charges and accrued income -€932
down €932 (-100%), from €932 to €0
- Profit (loss) carried forward +€20,048
up €20,048 (+1,217%), from €1,647 to €21,695
- Other debts -€5,823
no longer reported in 2025 (was €5,823)
- Tax, wage and social debts +€5,000
new in 2025: €5,000
- Debts after one year -€3,869
down €3,869 (-24.2%), from €15,959 to €12,090
- Trade debts -€794
down €794 (-78.6%), from €1,010 to €216
- Gross operating margin +€29,788
up €29,788 (+3,447%), from €864 to €30,652
- Taxes +€5,456
new in 2025: €5,456
- Depreciation +€3,903
up €3,903 (+730%), from €535 to €4,438
- Other operating charges -€389
down €389 (-85.8%), from €453 to €65
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 | €30,175 | €44,870 | +€14,695 | +48.7% |
| Fixed assets | 21/28 | €21,654 | €17,216 | -€4,438 | -20.5% |
| Tangible fixed assets | 22/27 | €21,654 | €17,216 | -€4,438 | -20.5% |
| Furniture and vehicles | 24 | €21,654 | €17,216 | -€4,438 | -20.5% |
| Current assets | 29/58 | €8,521 | €27,654 | +€19,133 | +225% |
| Amounts receivable within one year | 40/41 | €6,694 | €8,338 | +€1,644 | +24.6% |
| Trade receivables | 40 | €6,694 | €8,338 | +€1,644 | +24.6% |
| Cash at bank and in hand | 54/58 | €895 | €19,316 | +€18,421 | +2,058% |
| Deferred charges and accrued income | 490/1 | €932 | €0 | -€932 | -100% |
| Total equity and liabilities | 10/49 | €30,175 | €44,870 | +€14,695 | +48.7% |
| Equity | 10/15 | €3,647 | €23,695 | +€20,048 | +550% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,647 | €21,695 | +€20,048 | +1,217% |
| Amounts payable | 17/49 | €26,528 | €21,175 | -€5,352 | -20.2% |
| Amounts payable after more than one year | 17 | €15,959 | €12,090 | -€3,869 | -24.2% |
| Financial debts | 170/4 | €15,959 | €12,090 | -€3,869 | -24.2% |
| Amounts payable within one year | 42/48 | €10,569 | €9,085 | -€1,484 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €3,736 | €3,869 | +€133 | +3.6% |
| Trade debts | 44 | €1,010 | €216 | -€794 | -78.6% |
| Suppliers | 440/4 | €1,010 | €216 | -€794 | -78.6% |
| Taxes, remuneration and social security | 45 | - | €5,000 | +€5,000 | |
| Taxes | 450/3 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €5,823 | - | -€5,823 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €535 | €4,438 | +€3,903 | +730% |
| Other operating charges | 640/8 | €453 | €65 | -€389 | -85.8% |
| Gross operating margin | 9900 | €864 | €30,652 | +€29,788 | +3,447% |
| Operating profit (loss) | 9901 | -€124 | €26,150 | +€26,274 | |
| Financial charges | 65/66B | €493 | €646 | +€153 | +30.9% |
| Recurring financial charges | 65 | €493 | €646 | +€153 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | -€618 | €25,504 | +€26,121 | |
| Income taxes | 67/77 | - | €5,456 | +€5,456 | |
| Profit (loss) for the period | 9904 | -€618 | €20,048 | +€20,665 | |
| Profit (loss) for the period to be appropriated | 9905 | -€618 | €20,048 | +€20,665 |
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 7 November 2026 via checked.be.