KONIAGA: what changed
Two fiscal 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.
KONIAGA
Largest movements
- Stocks and contracts +€45,870
up €45,870 (+72.5%), from €63,264 to €109,135
- Receivables within one year -€23,654
down €23,654 (-78.5%), from €30,149 to €6,495
of which Other amounts receivable: -€13,901
- Cash -€19,143
down €19,143 (-42.7%), from €44,864 to €25,721
mainly Stocks and contracts (-€45,870) and Trade debts (-€26,855)
- Tangible fixed assets -€1,670
down €1,670 (-14.4%), from €11,572 to €9,901
of which Plant, machinery and equipment: -€957
- Trade debts -€26,855
down €26,855 (-75.5%), from €35,592 to €8,737
- Reserves +€25,173
new in 2025: €25,173
- Other debts +€2,651
up €2,651 (+3.0%), from €89,016 to €91,667
- Gross operating margin +€34,950
up €34,950 (+60.7%), from €57,600 to €92,550
- Taxes +€10,067
up €10,067 (+330.2%), from €3,049 to €13,116
- Staff costs +€4,899
up €4,899 (+11.7%), from €41,717 to €46,616
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 | €161,090 | €161,570 | +€480 | +0.3% |
| Fixed assets | 21/28 | €21,867 | €18,765 | -€3,102 | -14.2% |
| Intangible fixed assets | 21 | €10,295 | €8,864 | -€1,431 | -13.9% |
| Tangible fixed assets | 22/27 | €11,572 | €9,901 | -€1,670 | -14.4% |
| Plant, machinery and equipment | 23 | €7,455 | €6,499 | -€957 | -12.8% |
| Furniture and vehicles | 24 | €2,066 | €1,560 | -€507 | -24.5% |
| Other tangible fixed assets | 26 | €2,050 | €1,843 | -€207 | -10.1% |
| Current assets | 29/58 | €139,223 | €142,804 | +€3,582 | +2.6% |
| Stocks and contracts in progress | 3 | €63,264 | €109,135 | +€45,870 | +72.5% |
| Stocks | 30/36 | €63,264 | €109,135 | +€45,870 | +72.5% |
| Amounts receivable within one year | 40/41 | €30,149 | €6,495 | -€23,654 | -78.5% |
| Trade receivables | 40 | €14,431 | €4,678 | -€9,753 | -67.6% |
| Other amounts receivable | 41 | €15,718 | €1,817 | -€13,901 | -88.4% |
| Cash at bank and in hand | 54/58 | €44,864 | €25,721 | -€19,143 | -42.7% |
| Deferred charges and accrued income | 490/1 | €945 | €1,453 | +€508 | +53.7% |
| Total equity and liabilities | 10/49 | €161,090 | €161,570 | +€480 | +0.3% |
| Equity | 10/15 | €19,464 | €45,173 | +€25,709 | +132.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €25,173 | +€25,173 | |
| Distributable reserves | 133 | - | €25,173 | +€25,173 | |
| Profit (loss) carried forward | 14 | -€536 | €0 | +€536 | |
| Amounts payable | 17/49 | €141,626 | €116,397 | -€25,229 | -17.8% |
| Amounts payable within one year | 42/48 | €141,626 | €116,397 | -€25,229 | -17.8% |
| Trade debts | 44 | €35,592 | €8,737 | -€26,855 | -75.5% |
| Suppliers | 440/4 | €35,592 | €8,737 | -€26,855 | -75.5% |
| Taxes, remuneration and social security | 45 | €17,018 | €15,993 | -€1,025 | -6.0% |
| Taxes | 450/3 | €8,125 | €9,623 | +€1,499 | +18.4% |
| Remuneration and social security | 454/9 | €8,893 | €6,369 | -€2,524 | -28.4% |
| Other amounts payable | 47/48 | €89,016 | €91,667 | +€2,651 | +3.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €41,717 | €46,616 | +€4,899 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,074 | €4,915 | +€841 | +20.6% |
| Other operating charges | 640/8 | €623 | €860 | +€236 | +37.9% |
| Gross operating margin | 9900 | €57,600 | €92,550 | +€34,950 | +60.7% |
| Operating profit (loss) | 9901 | €11,185 | €40,159 | +€28,974 | +259.0% |
| Financial income | 75/76B | €331 | €94 | -€237 | -71.5% |
| Recurring financial income | 75 | €331 | €94 | -€237 | -71.5% |
| Financial charges | 65/66B | €1,296 | €1,428 | +€132 | +10.2% |
| Recurring financial charges | 65 | €1,296 | €1,428 | +€132 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €10,220 | €38,825 | +€28,605 | +279.9% |
| Income taxes | 67/77 | €3,049 | €13,116 | +€10,067 | +330.2% |
| Profit (loss) for the period | 9904 | €7,171 | €25,709 | +€18,538 | +258.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,171 | €25,709 | +€18,538 | +258.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.