I CON: 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.
I CON
Largest movements
- Receivables within one year +€31,552
up €31,552 (+176%), from €17,976 to €49,528
of which Trade receivables: +€32,039
- Cash +€3,957
new in 2025: €3,957
mainly Trade debts (+€30,702) and Tax, wage and social debts (+€4,162)
- Trade debts +€30,702
up €30,702 (+261%), from €11,753 to €42,455
- Tax, wage and social debts +€4,162
up €4,162 (+150%), from €2,766 to €6,928
- Gross operating margin -€3,312
down €3,312 (-95.8%), from €3,457 to €145
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 | €17,976 | €53,485 | +€35,509 | +198% |
| Current assets | 29/58 | €17,976 | €53,485 | +€35,509 | +198% |
| Amounts receivable within one year | 40/41 | €17,976 | €49,528 | +€31,552 | +176% |
| Trade receivables | 40 | €15,937 | €47,976 | +€32,039 | +201% |
| Other amounts receivable | 41 | €2,039 | €1,552 | -€487 | -23.9% |
| Cash at bank and in hand | 54/58 | - | €3,957 | +€3,957 | |
| Total equity and liabilities | 10/49 | €17,976 | €53,485 | +€35,509 | +198% |
| Equity | 10/15 | €3,457 | €4,102 | +€645 | +18.7% |
| Contributions | 10/11 | - | €500 | +€500 | |
| Profit (loss) carried forward | 14 | €3,457 | €3,602 | +€145 | +4.2% |
| Amounts payable | 17/49 | €14,519 | €49,383 | +€34,864 | +240% |
| Amounts payable within one year | 42/48 | €14,519 | €49,383 | +€34,864 | +240% |
| Trade debts | 44 | €11,753 | €42,455 | +€30,702 | +261% |
| Suppliers | 440/4 | €11,753 | €42,455 | +€30,702 | +261% |
| Taxes, remuneration and social security | 45 | €2,766 | €6,928 | +€4,162 | +150% |
| Taxes | 450/3 | €2,766 | €6,928 | +€4,162 | +150% |
| Gross operating margin | 9900 | €3,457 | €145 | -€3,312 | -95.8% |
| Operating profit (loss) | 9901 | €3,457 | €145 | -€3,312 | -95.8% |
| Profit (loss) for the period before taxes | 9903 | €3,457 | €145 | -€3,312 | -95.8% |
| Profit (loss) for the period | 9904 | €3,457 | €145 | -€3,312 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,457 | €145 | -€3,312 | -95.8% |
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.