La Confiance: 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.
La Confiance
Largest movements
- Tangible fixed assets -€67,062
down €67,062 (-9.1%), from €736,000 to €668,938
of which Land and buildings: -€54,924
- Stocks and contracts -€28,705
down €28,705 (-15.3%), from €187,257 to €158,552
- Receivables within one year -€24,076
down €24,076 (-23.7%), from €101,423 to €77,346
of which Trade receivables: -€19,086
- Other debts +€493,190
up €493,190 (+44.5%), from €1.1m to €1.6m
- Profit (loss) carried forward -€476,362
down €476,362 (-39.4%), from -€1.2m to -€1.7m
- Current portion of long-term debt -€82,788
no longer reported in 2025 (was €82,788)
- Tax, wage and social debts -€29,873
down €29,873 (-59.5%), from €50,171 to €20,298
of which Remuneration and social security: -€17,123
- Trade debts -€24,662
down €24,662 (-50.8%), from €48,570 to €23,908
- Gross operating margin -€109,542
down €109,542 (-1,036%), from -€10,569 to -€120,111
- Staff costs -€78,780
down €78,780 (-23.5%), from €335,420 to €256,641
- Depreciation -€5,001
down €5,001 (-7.4%), from €67,887 to €62,886
- Financial charges -€2,861
down €2,861 (-60.7%), from €4,713 to €1,852
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 | €1,053,583 | €933,089 | -€120,494 | -11.4% |
| Fixed assets | 21/28 | €736,125 | €669,063 | -€67,062 | -9.1% |
| Tangible fixed assets | 22/27 | €736,000 | €668,938 | -€67,062 | -9.1% |
| Land and buildings | 22 | €706,516 | €651,592 | -€54,924 | -7.8% |
| Plant, machinery and equipment | 23 | €22,516 | €15,538 | -€6,978 | -31.0% |
| Furniture and vehicles | 24 | €6,968 | €1,808 | -€5,159 | -74.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €317,458 | €264,026 | -€53,432 | -16.8% |
| Stocks and contracts in progress | 3 | €187,257 | €158,552 | -€28,705 | -15.3% |
| Stocks | 30/36 | €187,257 | €158,552 | -€28,705 | -15.3% |
| Amounts receivable within one year | 40/41 | €101,423 | €77,346 | -€24,076 | -23.7% |
| Trade receivables | 40 | €86,778 | €67,692 | -€19,086 | -22.0% |
| Other amounts receivable | 41 | €14,645 | €9,654 | -€4,991 | -34.1% |
| Cash at bank and in hand | 54/58 | €23,046 | €21,732 | -€1,314 | -5.7% |
| Deferred charges and accrued income | 490/1 | €5,734 | €6,397 | +€663 | +11.6% |
| Total equity and liabilities | 10/49 | €1,053,583 | €933,089 | -€120,494 | -11.4% |
| Equity | 10/15 | -€236,361 | -€712,723 | -€476,362 | -202% |
| Contributions | 10/11 | €972,452 | €972,452 | = | 0.0% |
| Capital | 10 | €972,452 | €972,452 | = | 0.0% |
| Issued capital | 100 | €972,452 | €972,452 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,208,813 | -€1,685,175 | -€476,362 | -39.4% |
| Amounts payable | 17/49 | €1,289,944 | €1,645,812 | +€355,868 | +27.6% |
| Amounts payable within one year | 42/48 | €1,289,944 | €1,645,812 | +€355,868 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €82,788 | - | -€82,788 | |
| Trade debts | 44 | €48,570 | €23,908 | -€24,662 | -50.8% |
| Suppliers | 440/4 | €48,570 | €23,908 | -€24,662 | -50.8% |
| Taxes, remuneration and social security | 45 | €50,171 | €20,298 | -€29,873 | -59.5% |
| Taxes | 450/3 | €12,749 | - | -€12,749 | |
| Remuneration and social security | 454/9 | €37,421 | €20,298 | -€17,123 | -45.8% |
| Other amounts payable | 47/48 | €1,108,416 | €1,601,606 | +€493,190 | +44.5% |
| Non-recurring operating income | 76A | - | €3,969 | +€3,969 | |
| Remuneration, social security and pensions | 62 | €335,420 | €256,641 | -€78,780 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,887 | €62,886 | -€5,001 | -7.4% |
| Other operating charges | 640/8 | €19,694 | €19,534 | -€161 | -0.8% |
| Non-recurring operating charges | 66A | €44,655 | €15,339 | -€29,315 | -65.6% |
| Gross operating margin | 9900 | -€10,569 | -€120,111 | -€109,542 | -1,036% |
| Operating profit (loss) | 9901 | -€478,226 | -€474,511 | +€3,715 | +0.8% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €4,713 | €1,852 | -€2,861 | -60.7% |
| Recurring financial charges | 65 | €4,713 | €1,852 | -€2,861 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | -€482,933 | -€476,362 | +€6,571 | +1.4% |
| Income taxes | 67/77 | €248 | - | -€248 | |
| Profit (loss) for the period | 9904 | -€483,182 | -€476,362 | +€6,819 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€483,182 | -€476,362 | +€6,819 | +1.4% |
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 24 October 2026 via checked.be.