Konfido: 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.
Konfido
Largest movements
- Stocks and contracts +€438,768
up €438,768 (+123.2%), from €356,000 to €794,768
- Cash -€248,227
down €248,227 (-88.3%), from €281,054 to €32,826
mainly Stocks and contracts (-€438,768) and Tax, wage and social debts (-€86,045)
- Receivables within one year -€85,247
down €85,247 (-100.0%), from €85,260 to €14
of which Trade receivables: -€71,093
- Tangible fixed assets +€65,892
up €65,892 (+10.1%), from €650,363 to €716,256
of which Land and buildings: +€62,000
- Debts after one year +€307,000
up €307,000 (+270.9%), from €113,320 to €420,320
- Tax, wage and social debts -€86,045
down €86,045 (-95.9%), from €89,757 to €3,711
- Trade debts -€38,769
down €38,769 (-84.9%), from €45,666 to €6,898
- Gross operating margin -€234,803
down €234,803 (-91.5%), from €256,478 to €21,675
- Financial income -€135,051
down €135,051 (-99.9%), from €135,147 to €96
of which Non-recurring financial income: -€134,935
- Taxes -€90,344
no longer reported in 2025 (was €90,344)
- Other operating charges -€24,314
down €24,314 (-86.9%), from €27,966 to €3,652
- Depreciation -€18,741
down €18,741 (-73.6%), from €25,455 to €6,714
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.
Cash bridge derived
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 | €1,379,010 | €1,551,147 | +€172,137 | +12.5% |
| Fixed assets | 21/28 | €651,170 | €717,062 | +€65,892 | +10.1% |
| Tangible fixed assets | 22/27 | €650,363 | €716,256 | +€65,892 | +10.1% |
| Land and buildings | 22 | €647,399 | €709,399 | +€62,000 | +9.6% |
| Plant, machinery and equipment | 23 | €2,079 | €5,497 | +€3,418 | +164.4% |
| Furniture and vehicles | 24 | €884 | €1,359 | +€475 | +53.7% |
| Financial fixed assets | 28 | €807 | €807 | = | 0.0% |
| Current assets | 29/58 | €727,840 | €834,085 | +€106,245 | +14.6% |
| Stocks and contracts in progress | 3 | €356,000 | €794,768 | +€438,768 | +123.2% |
| Stocks | 30/36 | €356,000 | €794,768 | +€438,768 | +123.2% |
| Amounts receivable within one year | 40/41 | €85,260 | €14 | -€85,247 | -100.0% |
| Trade receivables | 40 | €71,093 | - | -€71,093 | |
| Other amounts receivable | 41 | €14,167 | €14 | -€14,154 | -99.9% |
| Cash at bank and in hand | 54/58 | €281,054 | €32,826 | -€248,227 | -88.3% |
| Deferred charges and accrued income | 490/1 | €5,527 | €6,477 | +€950 | +17.2% |
| Total equity and liabilities | 10/49 | €1,379,010 | €1,551,147 | +€172,137 | +12.5% |
| Equity | 10/15 | €942,432 | €934,812 | -€7,620 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €923,832 | €916,212 | -€7,620 | -0.8% |
| Distributable reserves | 133 | €923,832 | €916,212 | -€7,620 | -0.8% |
| Amounts payable | 17/49 | €436,578 | €616,335 | +€179,757 | +41.2% |
| Amounts payable after more than one year | 17 | €113,320 | €420,320 | +€307,000 | +270.9% |
| Other amounts payable | 178/9 | €113,320 | €420,320 | +€307,000 | +270.9% |
| Amounts payable within one year | 42/48 | €305,964 | €177,342 | -€128,622 | -42.0% |
| Trade debts | 44 | €45,666 | €6,898 | -€38,769 | -84.9% |
| Suppliers | 440/4 | €45,666 | €6,898 | -€38,769 | -84.9% |
| Taxes, remuneration and social security | 45 | €89,757 | €3,711 | -€86,045 | -95.9% |
| Taxes | 450/3 | €89,757 | €3,711 | -€86,045 | -95.9% |
| Other amounts payable | 47/48 | €170,541 | €166,733 | -€3,808 | -2.2% |
| Accrued charges and deferred income | 492/3 | €17,294 | €18,673 | +€1,379 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,455 | €6,714 | -€18,741 | -73.6% |
| Other operating charges | 640/8 | €27,966 | €3,652 | -€24,314 | -86.9% |
| Non-recurring operating charges | 66A | €88,902 | - | -€88,902 | |
| Gross operating margin | 9900 | €256,478 | €21,675 | -€234,803 | -91.5% |
| Operating profit (loss) | 9901 | €114,156 | €11,309 | -€102,847 | -90.1% |
| Financial income | 75/76B | €135,147 | €96 | -€135,051 | -99.9% |
| Recurring financial income | 75 | €212 | €96 | -€116 | -54.9% |
| Non-recurring financial income | 76B | €134,935 | - | -€134,935 | |
| Financial charges | 65/66B | €19,415 | €19,024 | -€391 | -2.0% |
| Recurring financial charges | 65 | €19,415 | €19,024 | -€391 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €229,887 | -€7,620 | -€237,507 | |
| Income taxes | 67/77 | €90,344 | - | -€90,344 | |
| Profit (loss) for the period | 9904 | €139,543 | -€7,620 | -€147,163 | |
| Profit (loss) for the period to be appropriated | 9905 | €139,543 | -€7,620 | -€147,163 |
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 10 October 2026 via checked.be.