KONcKWENT: 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.
KONcKWENT
Largest movements
- Stocks and contracts -€368,340
no longer reported in 2024 (was €368,340)
- Receivables within one year +€204,225
up €204,225 (+55.8%), from €366,029 to €570,253
of which Trade receivables: +€125,898
- Tangible fixed assets +€145,006
up €145,006 (+23.0%), from €630,636 to €775,641
of which Land and buildings: +€151,352
- Other debts +€200,000
up €200,000 (+800%), from €25,000 to €225,000
- Current portion of long-term debt -€174,476
down €174,476 (-80.9%), from €215,711 to €41,235
- Reserves -€161,500
down €161,500 (-19.3%), from €837,369 to €675,869
of which Distributable reserves: -€159,640
- Short-term financial debts +€105,000
up €105,000 (+131%), from €80,000 to €185,000
of which Credit institutions: +€175,000
- Trade debts +€55,630
up €55,630 (+85.9%), from €64,759 to €120,388
- Gross operating margin +€24,683
up €24,683 (+30.0%), from €82,275 to €106,958
- Depreciation +€10,943
up €10,943 (+54.7%), from €20,008 to €30,951
- Taxes +€5,761
up €5,761 (+34.3%), from €16,811 to €22,571
- Other operating charges +€5,619
up €5,619 (+238%), from €2,357 to €7,976
- Financial income -€3,877
down €3,877 (-17.6%), from €21,981 to €18,104
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,730,243 | €1,714,979 | -€15,264 | -0.9% |
| Fixed assets | 21/28 | €980,636 | €1,125,641 | +€145,006 | +14.8% |
| Tangible fixed assets | 22/27 | €630,636 | €775,641 | +€145,006 | +23.0% |
| Land and buildings | 22 | €582,535 | €733,888 | +€151,352 | +26.0% |
| Plant, machinery and equipment | 23 | €5,652 | €3,963 | -€1,689 | -29.9% |
| Furniture and vehicles | 24 | €5,851 | €2,232 | -€3,620 | -61.9% |
| Other tangible fixed assets | 26 | €36,597 | €35,559 | -€1,038 | -2.8% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €749,608 | €589,337 | -€160,270 | -21.4% |
| Stocks and contracts in progress | 3 | €368,340 | - | -€368,340 | |
| Stocks | 30/36 | €368,340 | - | -€368,340 | |
| Amounts receivable within one year | 40/41 | €366,029 | €570,253 | +€204,225 | +55.8% |
| Trade receivables | 40 | €107,435 | €233,333 | +€125,898 | +117% |
| Other amounts receivable | 41 | €258,593 | €336,920 | +€78,326 | +30.3% |
| Current investments | 50/53 | €2,390 | €2,390 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,939 | €14,739 | +€3,800 | +34.7% |
| Deferred charges and accrued income | 490/1 | €1,910 | €1,955 | +€45 | +2.4% |
| Total equity and liabilities | 10/49 | €1,730,243 | €1,714,979 | -€15,264 | -0.9% |
| Equity | 10/15 | €848,777 | €687,607 | -€161,171 | -19.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €837,369 | €675,869 | -€161,500 | -19.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €835,509 | €675,869 | -€159,640 | -19.1% |
| Profit (loss) carried forward | 14 | €5,208 | €5,538 | +€329 | +6.3% |
| Amounts payable | 17/49 | €881,466 | €1,027,372 | +€145,906 | +16.6% |
| Amounts payable after more than one year | 17 | €422,050 | €380,815 | -€41,235 | -9.8% |
| Financial debts | 170/4 | €422,050 | €380,815 | -€41,235 | -9.8% |
| Amounts payable within one year | 42/48 | €453,527 | €640,295 | +€186,768 | +41.2% |
| Current portion of amounts payable after more than one year | 42 | €215,711 | €41,235 | -€174,476 | -80.9% |
| Financial debts | 43 | €80,000 | €185,000 | +€105,000 | +131% |
| Credit institutions | 430/8 | - | €175,000 | +€175,000 | |
| Other loans | 439 | €80,000 | €10,000 | -€70,000 | -87.5% |
| Trade debts | 44 | €64,759 | €120,388 | +€55,630 | +85.9% |
| Suppliers | 440/4 | €64,759 | €120,388 | +€55,630 | +85.9% |
| Taxes, remuneration and social security | 45 | €68,057 | €68,671 | +€614 | +0.9% |
| Taxes | 450/3 | €61,291 | €68,671 | +€7,380 | +12.0% |
| Remuneration and social security | 454/9 | €6,766 | - | -€6,766 | |
| Other amounts payable | 47/48 | €25,000 | €225,000 | +€200,000 | +800% |
| Accrued charges and deferred income | 492/3 | €5,888 | €6,262 | +€374 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,008 | €30,951 | +€10,943 | +54.7% |
| Other operating charges | 640/8 | €2,357 | €7,976 | +€5,619 | +238% |
| Gross operating margin | 9900 | €82,275 | €106,958 | +€24,683 | +30.0% |
| Operating profit (loss) | 9901 | €59,911 | €68,031 | +€8,120 | +13.6% |
| Financial income | 75/76B | €21,981 | €18,104 | -€3,877 | -17.6% |
| Recurring financial income | 75 | €21,981 | €18,104 | -€3,877 | -17.6% |
| Financial charges | 65/66B | €25,381 | €24,734 | -€647 | -2.5% |
| Recurring financial charges | 65 | €25,381 | €24,734 | -€647 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €56,510 | €61,401 | +€4,890 | +8.7% |
| Income taxes | 67/77 | €16,811 | €22,571 | +€5,761 | +34.3% |
| Profit (loss) for the period | 9904 | €39,700 | €38,829 | -€871 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,700 | €38,829 | -€871 | -2.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.