KONTIVAX: 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.
KONTIVAX
Largest movements
- Cash -€258,539
down €258,539 (-94.3%), from €274,289 to €15,750
mainly Contributions, distributions and other (-€319,000) and Current investments (-€175,000)
- Current investments +€175,000
up €175,000 (+32.4%), from €539,353 to €714,353
- Profit (loss) carried forward -€127,309
down €127,309 (-68.8%), from €184,923 to €57,614
- Other debts +€109,402
up €109,402 (+3398.6%), from €3,219 to €112,621
- Tax, wage and social debts -€66,076
down €66,076 (-94.0%), from €70,276 to €4,200
- Taxes -€7,085
down €7,085 (-9.8%), from €72,069 to €64,984
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 | €864,737 | €774,787 | -€89,950 | -10.4% |
| Fixed assets | 21/28 | €5,740 | €3,229 | -€2,511 | -43.7% |
| Intangible fixed assets | 21 | €1,800 | - | -€1,800 | |
| Tangible fixed assets | 22/27 | €3,489 | €2,778 | -€711 | -20.4% |
| Plant, machinery and equipment | 23 | €2,746 | - | -€2,746 | |
| Furniture and vehicles | 24 | €743 | €2,778 | +€2,035 | +273.9% |
| Financial fixed assets | 28 | €451 | €451 | = | 0.0% |
| Current assets | 29/58 | €858,997 | €771,558 | -€87,439 | -10.2% |
| Amounts receivable within one year | 40/41 | €45,355 | €41,455 | -€3,900 | -8.6% |
| Trade receivables | 40 | €45,079 | €40,800 | -€4,279 | -9.5% |
| Other amounts receivable | 41 | €276 | €655 | +€379 | +137.3% |
| Current investments | 50/53 | €539,353 | €714,353 | +€175,000 | +32.4% |
| Cash at bank and in hand | 54/58 | €274,289 | €15,750 | -€258,539 | -94.3% |
| Total equity and liabilities | 10/49 | €864,737 | €774,787 | -€89,950 | -10.4% |
| Equity | 10/15 | €784,580 | €653,195 | -€131,385 | -16.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €589,657 | €585,581 | -€4,076 | -0.7% |
| Distributable reserves | 133 | €589,657 | €585,581 | -€4,076 | -0.7% |
| Profit (loss) carried forward | 14 | €184,923 | €57,614 | -€127,309 | -68.8% |
| Amounts payable | 17/49 | €80,157 | €121,592 | +€41,435 | +51.7% |
| Amounts payable within one year | 42/48 | €80,157 | €121,592 | +€41,435 | +51.7% |
| Trade debts | 44 | €6,662 | €4,771 | -€1,891 | -28.4% |
| Suppliers | 440/4 | €6,662 | €4,771 | -€1,891 | -28.4% |
| Taxes, remuneration and social security | 45 | €70,276 | €4,200 | -€66,076 | -94.0% |
| Taxes | 450/3 | €70,276 | €4,200 | -€66,076 | -94.0% |
| Other amounts payable | 47/48 | €3,219 | €112,621 | +€109,402 | +3398.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,120 | €5,816 | +€696 | +13.6% |
| Other operating charges | 640/8 | €1,478 | €1,526 | +€48 | +3.2% |
| Gross operating margin | 9900 | €258,398 | €257,709 | -€689 | -0.3% |
| Operating profit (loss) | 9901 | €251,800 | €250,367 | -€1,433 | -0.6% |
| Financial income | 75/76B | €2,886 | €2,331 | -€555 | -19.2% |
| Recurring financial income | 75 | €2,886 | €2,331 | -€555 | -19.2% |
| Financial charges | 65/66B | €68 | €99 | +€31 | +45.6% |
| Recurring financial charges | 65 | €68 | €99 | +€31 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €254,618 | €252,599 | -€2,019 | -0.8% |
| Income taxes | 67/77 | €72,069 | €64,984 | -€7,085 | -9.8% |
| Profit (loss) for the period | 9904 | €182,549 | €187,615 | +€5,066 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €182,549 | €187,615 | +€5,066 | +2.8% |
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 12 October 2026 via checked.be.