KONVINS: 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.
KONVINS
Largest movements
- Receivables within one year -€20,011
down €20,011 (-61.0%), from €32,789 to €12,778
of which Trade receivables: -€23,100
- Cash +€6,434
up €6,434 (+763%), from €843 to €7,277
mainly Receivables within one year (+€20,011) and Other debts (+€14,325)
- Debts after one year -€25,105
down €25,105 (-8.3%), from €301,254 to €276,150
- Other debts +€14,325
up €14,325 (+24.0%), from €59,674 to €73,999
- Gross operating margin -€21,802
down €21,802 (-39.4%), from €55,301 to €33,500
- Taxes -€3,935
down €3,935 (-67.3%), from €5,846 to €1,911
- Financial charges -€3,002
down €3,002 (-14.7%), from €20,433 to €17,431
- Other operating charges -€1,114
down €1,114 (-29.4%), from €3,795 to €2,681
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 | €469,166 | €452,710 | -€16,455 | -3.5% |
| Fixed assets | 21/28 | €433,000 | €429,440 | -€3,560 | -0.8% |
| Tangible fixed assets | 22/27 | €432,903 | €429,343 | -€3,560 | -0.8% |
| Land and buildings | 22 | €432,903 | €422,223 | -€10,680 | -2.5% |
| Plant, machinery and equipment | 23 | - | €7,120 | +€7,120 | |
| Financial fixed assets | 28 | €97 | €97 | = | 0.0% |
| Current assets | 29/58 | €36,165 | €23,270 | -€12,895 | -35.7% |
| Amounts receivable within one year | 40/41 | €32,789 | €12,778 | -€20,011 | -61.0% |
| Trade receivables | 40 | €32,789 | €9,689 | -€23,100 | -70.4% |
| Other amounts receivable | 41 | - | €3,089 | +€3,089 | |
| Cash at bank and in hand | 54/58 | €843 | €7,277 | +€6,434 | +763% |
| Deferred charges and accrued income | 490/1 | €2,533 | €3,214 | +€682 | +26.9% |
| Total equity and liabilities | 10/49 | €469,166 | €452,710 | -€16,455 | -3.5% |
| Equity | 10/15 | €66,608 | €66,953 | +€345 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,008 | €48,353 | +€345 | +0.7% |
| Distributable reserves | 133 | €48,008 | €48,353 | +€345 | +0.7% |
| Amounts payable | 17/49 | €402,558 | €385,757 | -€16,801 | -4.2% |
| Amounts payable after more than one year | 17 | €301,254 | €276,150 | -€25,105 | -8.3% |
| Financial debts | 170/4 | €301,254 | €276,150 | -€25,105 | -8.3% |
| Amounts payable within one year | 42/48 | €97,350 | €104,892 | +€7,542 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €27,197 | €25,105 | -€2,092 | -7.7% |
| Financial debts | 43 | €565 | €570 | +€5 | +0.9% |
| Credit institutions | 430/8 | €565 | €570 | +€5 | +0.9% |
| Trade debts | 44 | €3,907 | €1,709 | -€2,198 | -56.3% |
| Suppliers | 440/4 | €3,907 | €1,709 | -€2,198 | -56.3% |
| Taxes, remuneration and social security | 45 | €6,007 | €3,510 | -€2,497 | -41.6% |
| Taxes | 450/3 | €4,178 | €3,456 | -€721 | -17.3% |
| Remuneration and social security | 454/9 | €1,829 | €54 | -€1,776 | -97.1% |
| Other amounts payable | 47/48 | €59,674 | €73,999 | +€14,325 | +24.0% |
| Accrued charges and deferred income | 492/3 | €3,954 | €4,715 | +€761 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,680 | €11,132 | +€451 | +4.2% |
| Other operating charges | 640/8 | €3,795 | €2,681 | -€1,114 | -29.4% |
| Gross operating margin | 9900 | €55,301 | €33,500 | -€21,802 | -39.4% |
| Operating profit (loss) | 9901 | €40,826 | €19,687 | -€21,139 | -51.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +608% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +608% |
| Financial charges | 65/66B | €20,433 | €17,431 | -€3,002 | -14.7% |
| Recurring financial charges | 65 | €20,433 | €17,431 | -€3,002 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €20,394 | €2,256 | -€18,137 | -88.9% |
| Income taxes | 67/77 | €5,846 | €1,911 | -€3,935 | -67.3% |
| Profit (loss) for the period | 9904 | €14,548 | €345 | -€14,202 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,548 | €345 | -€14,202 | -97.6% |
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 13 October 2026 via checked.be.