KONLIGO: 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.
KONLIGO
Largest movements
- Receivables within one year +€77,684
up €77,684 (+86.3%), from €89,997 to €167,682
of which Trade receivables: +€55,048
- Tangible fixed assets -€37,341
down €37,341 (-32.6%), from €114,382 to €77,041
of which Furniture and vehicles: -€30,102
- Stocks and contracts -€19,693
down €19,693 (-19.7%), from €99,922 to €80,229
- Cash +€10,192
up €10,192 (+76.1%), from €13,399 to €23,591
mainly Depreciation (+€149,615) and Debts after one year (+€45,286)
- Debts after one year +€45,286
up €45,286 (+34.8%), from €130,133 to €175,419
- Accrued charges and deferred income -€41,667
no longer reported in 2025 (was €41,667)
- Short-term financial debts +€25,000
up €25,000 (+100.0%), from €25,000 to €50,000
- Profit (loss) carried forward -€13,455
down €13,455 (-14.5%), from -€92,656 to -€106,110
- Current portion of long-term debt +€8,838
up €8,838 (+10.9%), from €81,334 to €90,172
- Staff costs -€27,581
down €27,581 (-11.2%), from €245,388 to €217,808
- Financial charges +€8,908
up €8,908 (+73.2%), from €12,178 to €21,086
- Gross operating margin -€6,581
down €6,581 (-1.7%), from €382,768 to €376,187
- Depreciation +€5,865
up €5,865 (+4.1%), from €143,750 to €149,615
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 | €658,666 | €686,217 | +€27,551 | +4.2% |
| Formation expenses | 20 | €307 | - | -€307 | |
| Fixed assets | 21/28 | €455,041 | €412,114 | -€42,926 | -9.4% |
| Intangible fixed assets | 21 | €336,391 | €330,805 | -€5,586 | -1.7% |
| Tangible fixed assets | 22/27 | €114,382 | €77,041 | -€37,341 | -32.6% |
| Plant, machinery and equipment | 23 | €12,573 | €6,969 | -€5,604 | -44.6% |
| Furniture and vehicles | 24 | €74,323 | €44,222 | -€30,102 | -40.5% |
| Other tangible fixed assets | 26 | €27,485 | €25,850 | -€1,635 | -5.9% |
| Financial fixed assets | 28 | €4,268 | €4,268 | = | 0.0% |
| Current assets | 29/58 | €203,318 | €274,102 | +€70,784 | +34.8% |
| Stocks and contracts in progress | 3 | €99,922 | €80,229 | -€19,693 | -19.7% |
| Stocks | 30/36 | €99,922 | €80,229 | -€19,693 | -19.7% |
| Amounts receivable within one year | 40/41 | €89,997 | €167,682 | +€77,684 | +86.3% |
| Trade receivables | 40 | €12,057 | €67,105 | +€55,048 | +456.6% |
| Other amounts receivable | 41 | €77,941 | €100,577 | +€22,636 | +29.0% |
| Cash at bank and in hand | 54/58 | €13,399 | €23,591 | +€10,192 | +76.1% |
| Deferred charges and accrued income | 490/1 | - | €2,600 | +€2,600 | |
| Total equity and liabilities | 10/49 | €658,666 | €686,217 | +€27,551 | +4.2% |
| Equity | 10/15 | €325,344 | €311,890 | -€13,455 | -4.1% |
| Contributions | 10/11 | €418,000 | €418,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,656 | -€106,110 | -€13,455 | -14.5% |
| Amounts payable | 17/49 | €333,321 | €374,327 | +€41,006 | +12.3% |
| Amounts payable after more than one year | 17 | €130,133 | €175,419 | +€45,286 | +34.8% |
| Financial debts | 170/4 | €130,133 | €175,419 | +€45,286 | +34.8% |
| Amounts payable within one year | 42/48 | €161,522 | €198,908 | +€37,386 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €81,334 | €90,172 | +€8,838 | +10.9% |
| Financial debts | 43 | €25,000 | €50,000 | +€25,000 | +100.0% |
| Credit institutions | 430/8 | €25,000 | €50,000 | +€25,000 | +100.0% |
| Trade debts | 44 | €14,421 | €19,104 | +€4,682 | +32.5% |
| Suppliers | 440/4 | €14,421 | €19,104 | +€4,682 | +32.5% |
| Taxes, remuneration and social security | 45 | €18,080 | €23,260 | +€5,180 | +28.7% |
| Remuneration and social security | 454/9 | €18,080 | €23,260 | +€5,180 | +28.7% |
| Other amounts payable | 47/48 | €22,687 | €16,374 | -€6,313 | -27.8% |
| Accrued charges and deferred income | 492/3 | €41,667 | - | -€41,667 | |
| Remuneration, social security and pensions | 62 | €245,388 | €217,808 | -€27,581 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,750 | €149,615 | +€5,865 | +4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €714 | €255 | -€458 | -64.2% |
| Other operating charges | 640/8 | €817 | €879 | +€62 | +7.6% |
| Gross operating margin | 9900 | €382,768 | €376,187 | -€6,581 | -1.7% |
| Operating profit (loss) | 9901 | -€7,900 | €7,631 | +€15,531 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +3100.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +3100.0% |
| Financial charges | 65/66B | €12,178 | €21,086 | +€8,908 | +73.2% |
| Recurring financial charges | 65 | €12,178 | €21,086 | +€8,908 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,078 | -€13,454 | +€6,623 | +33.0% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€20,078 | -€13,455 | +€6,623 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,078 | -€13,455 | +€6,623 | +33.0% |
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.