Konektiago: 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.
Konektiago
Largest movements
- Cash +€25,615
up €25,615 (+977%), from €2,622 to €28,237
mainly Net result for the year (+€37,853) and Depreciation (+€27,033)
- Tangible fixed assets -€22,435
down €22,435 (-6.9%), from €324,294 to €301,859
of which Land and buildings: -€14,540
- Receivables within one year -€15,444
down €15,444 (-41.7%), from €37,017 to €21,573
of which Trade receivables: -€15,138
- Reserves +€36,187
up €36,187 (+29.0%), from €124,724 to €160,910
- Debts after one year -€30,663
down €30,663 (-17.4%), from €176,169 to €145,506
- Other debts -€8,703
down €8,703 (-81.4%), from €10,687 to €1,984
- Tax, wage and social debts -€6,868
down €6,868 (-38.9%), from €17,663 to €10,795
- Gross operating margin +€26,029
up €26,029 (+41.6%), from €62,611 to €88,640
- Taxes +€5,533
up €5,533 (+54.5%), from €10,151 to €15,684
- Depreciation +€4,351
up €4,351 (+19.2%), from €22,681 to €27,033
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 | €368,227 | €356,186 | -€12,041 | -3.3% |
| Fixed assets | 21/28 | €324,294 | €301,859 | -€22,435 | -6.9% |
| Tangible fixed assets | 22/27 | €324,294 | €301,859 | -€22,435 | -6.9% |
| Land and buildings | 22 | €280,468 | €265,928 | -€14,540 | -5.2% |
| Plant, machinery and equipment | 23 | €6,162 | €6,235 | +€73 | +1.2% |
| Furniture and vehicles | 24 | €32,663 | €24,976 | -€7,687 | -23.5% |
| Other tangible fixed assets | 26 | €5,002 | €4,720 | -€282 | -5.6% |
| Current assets | 29/58 | €43,932 | €54,327 | +€10,394 | +23.7% |
| Amounts receivable within one year | 40/41 | €37,017 | €21,573 | -€15,444 | -41.7% |
| Trade receivables | 40 | €36,711 | €21,573 | -€15,138 | -41.2% |
| Other amounts receivable | 41 | €306 | - | -€306 | |
| Cash at bank and in hand | 54/58 | €2,622 | €28,237 | +€25,615 | +977% |
| Deferred charges and accrued income | 490/1 | €4,293 | €4,517 | +€224 | +5.2% |
| Total equity and liabilities | 10/49 | €368,227 | €356,186 | -€12,041 | -3.3% |
| Equity | 10/15 | €129,724 | €165,910 | +€36,187 | +27.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €124,724 | €160,910 | +€36,187 | +29.0% |
| Distributable reserves | 133 | €124,724 | €160,910 | +€36,187 | +29.0% |
| Amounts payable | 17/49 | €238,503 | €190,276 | -€48,228 | -20.2% |
| Amounts payable after more than one year | 17 | €176,169 | €145,506 | -€30,663 | -17.4% |
| Financial debts | 170/4 | €176,169 | €145,506 | -€30,663 | -17.4% |
| Amounts payable within one year | 42/48 | €62,334 | €44,770 | -€17,564 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €29,625 | €30,654 | +€1,029 | +3.5% |
| Trade debts | 44 | €4,359 | €1,336 | -€3,023 | -69.4% |
| Suppliers | 440/4 | €4,359 | €1,336 | -€3,023 | -69.4% |
| Taxes, remuneration and social security | 45 | €17,663 | €10,795 | -€6,868 | -38.9% |
| Taxes | 450/3 | €17,663 | €10,795 | -€6,868 | -38.9% |
| Other amounts payable | 47/48 | €10,687 | €1,984 | -€8,703 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,681 | €27,033 | +€4,351 | +19.2% |
| Other operating charges | 640/8 | €1,159 | €1,602 | +€444 | +38.3% |
| Gross operating margin | 9900 | €62,611 | €88,640 | +€26,029 | +41.6% |
| Operating profit (loss) | 9901 | €38,771 | €60,005 | +€21,234 | +54.8% |
| Financial income | 75/76B | €270 | €1 | -€269 | -99.6% |
| Recurring financial income | 75 | €270 | €1 | -€269 | -99.6% |
| Financial charges | 65/66B | €6,025 | €6,470 | +€445 | +7.4% |
| Recurring financial charges | 65 | €6,025 | €6,470 | +€445 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €33,016 | €53,536 | +€20,520 | +62.2% |
| Income taxes | 67/77 | €10,151 | €15,684 | +€5,533 | +54.5% |
| Profit (loss) for the period | 9904 | €22,865 | €37,853 | +€14,987 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,865 | €37,853 | +€14,987 | +65.5% |
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 27 October 2026 via checked.be.