KONXHELI: 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.
KONXHELI
Largest movements
- Cash +€31,106
up €31,106 (+52.1%), from €59,658 to €90,765
mainly Net result for the year (+€38,682) and Depreciation (+€3,220)
- Tangible fixed assets -€3,220
down €3,220 (-52.4%), from €6,142 to €2,922
of which Furniture and vehicles: -€2,687
- Stocks and contracts +€1,262
up €1,262 (+29.1%), from €4,341 to €5,603
- Profit (loss) carried forward +€38,682
up €38,682 (+92.2%), from €41,947 to €80,628
- Debts after one year -€5,283
down €5,283 (-79.8%), from €6,622 to €1,340
- Other debts -€4,333
no longer reported in 2025 (was €4,333)
- Trade debts -€3,788
down €3,788 (-62.7%), from €6,042 to €2,254
- Tax, wage and social debts +€2,564
up €2,564 (+31.6%), from €8,122 to €10,686
- Gross operating margin +€19,159
up €19,159 (+50.2%), from €38,131 to €57,290
- Taxes +€5,357
up €5,357 (+71.0%), from €7,546 to €12,903
- Depreciation -€4,220
down €4,220 (-56.7%), from €7,440 to €3,220
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 | €74,744 | €102,742 | +€27,998 | +37.5% |
| Fixed assets | 21/28 | €8,402 | €5,182 | -€3,220 | -38.3% |
| Tangible fixed assets | 22/27 | €6,142 | €2,922 | -€3,220 | -52.4% |
| Plant, machinery and equipment | 23 | €740 | €207 | -€533 | -72.0% |
| Furniture and vehicles | 24 | €5,402 | €2,715 | -€2,687 | -49.7% |
| Financial fixed assets | 28 | €2,260 | €2,260 | = | 0.0% |
| Current assets | 29/58 | €66,342 | €97,560 | +€31,218 | +47.1% |
| Stocks and contracts in progress | 3 | €4,341 | €5,603 | +€1,262 | +29.1% |
| Stocks | 30/36 | €4,341 | €5,603 | +€1,262 | +29.1% |
| Amounts receivable within one year | 40/41 | €1,454 | €510 | -€945 | -65.0% |
| Other amounts receivable | 41 | €1,454 | €510 | -€945 | -65.0% |
| Cash at bank and in hand | 54/58 | €59,658 | €90,765 | +€31,106 | +52.1% |
| Deferred charges and accrued income | 490/1 | €888 | €682 | -€205 | -23.1% |
| Total equity and liabilities | 10/49 | €74,744 | €102,742 | +€27,998 | +37.5% |
| Equity | 10/15 | €44,347 | €83,028 | +€38,682 | +87.2% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,947 | €80,628 | +€38,682 | +92.2% |
| Amounts payable | 17/49 | €30,397 | €19,714 | -€10,683 | -35.1% |
| Amounts payable after more than one year | 17 | €6,622 | €1,340 | -€5,283 | -79.8% |
| Financial debts | 170/4 | €6,622 | €1,340 | -€5,283 | -79.8% |
| Amounts payable within one year | 42/48 | €23,659 | €18,222 | -€5,437 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €5,162 | €5,283 | +€121 | +2.3% |
| Trade debts | 44 | €6,042 | €2,254 | -€3,788 | -62.7% |
| Suppliers | 440/4 | €6,042 | €2,254 | -€3,788 | -62.7% |
| Taxes, remuneration and social security | 45 | €8,122 | €10,686 | +€2,564 | +31.6% |
| Taxes | 450/3 | €8,122 | €10,686 | +€2,564 | +31.6% |
| Other amounts payable | 47/48 | €4,333 | - | -€4,333 | |
| Accrued charges and deferred income | 492/3 | €116 | €152 | +€36 | +31.3% |
| Non-recurring operating income | 76A | - | €2,594 | +€2,594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,440 | €3,220 | -€4,220 | -56.7% |
| Other operating charges | 640/8 | €518 | €930 | +€412 | +79.5% |
| Gross operating margin | 9900 | €38,131 | €57,290 | +€19,159 | +50.2% |
| Operating profit (loss) | 9901 | €30,173 | €53,140 | +€22,967 | +76.1% |
| Financial income | 75/76B | €29 | €5 | -€24 | -81.7% |
| Recurring financial income | 75 | €29 | €5 | -€24 | -81.7% |
| Financial charges | 65/66B | €1,608 | €1,561 | -€47 | -2.9% |
| Recurring financial charges | 65 | €1,608 | €1,561 | -€47 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €28,594 | €51,584 | +€22,990 | +80.4% |
| Income taxes | 67/77 | €7,546 | €12,903 | +€5,357 | +71.0% |
| Profit (loss) for the period | 9904 | €21,048 | €38,682 | +€17,633 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,048 | €38,682 | +€17,633 | +83.8% |
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 25 October 2026 via checked.be.