LE CONDROZE: 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.
LE CONDROZE
Largest movements
- Receivables within one year -€70,017
down €70,017 (-59.6%), from €117,382 to €47,365
of which Trade receivables: -€50,957
- Cash +€4,153
up €4,153 (+155%), from €2,687 to €6,840
mainly Receivables within one year (+€70,017) and Depreciation (+€448)
- Trade debts -€39,720
down €39,720 (-83.5%), from €47,560 to €7,840
- Profit (loss) carried forward -€19,281
down €19,281 (-612%), from -€3,149 to -€22,430
- Tax, wage and social debts -€4,073
down €4,073 (-86.6%), from €4,703 to €630
- Short-term financial debts -€3,650
no longer reported in 2024 (was €3,650)
- Write-downs +€19,390
new in 2024: €19,390
- Gross operating margin -€13,899
down €13,899, from €2,612 to -€11,287
- Financial income +€12,386
new in 2024: €12,386
of which Non-recurring financial income: +€12,373
- Financial charges +€368
new in 2024: €368
- Other operating charges +€174
new in 2024: €174
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,964 | €54,652 | -€66,312 | -54.8% |
| Fixed assets | 21/28 | €895 | €447 | -€448 | -50.1% |
| Tangible fixed assets | 22/27 | €895 | €447 | -€448 | -50.1% |
| Furniture and vehicles | 24 | €895 | €447 | -€448 | -50.1% |
| Current assets | 29/58 | €120,069 | €54,205 | -€65,864 | -54.9% |
| Amounts receivable within one year | 40/41 | €117,382 | €47,365 | -€70,017 | -59.6% |
| Trade receivables | 40 | €53,388 | €2,431 | -€50,957 | -95.4% |
| Other amounts receivable | 41 | €63,994 | €44,934 | -€19,060 | -29.8% |
| Cash at bank and in hand | 54/58 | €2,687 | €6,840 | +€4,153 | +155% |
| Total equity and liabilities | 10/49 | €120,964 | €54,652 | -€66,312 | -54.8% |
| Equity | 10/15 | €65,051 | €45,770 | -€19,281 | -29.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,149 | -€22,430 | -€19,281 | -612% |
| Amounts payable | 17/49 | €55,913 | €8,882 | -€47,031 | -84.1% |
| Amounts payable within one year | 42/48 | €55,913 | €8,882 | -€47,031 | -84.1% |
| Financial debts | 43 | €3,650 | - | -€3,650 | |
| Credit institutions | 430/8 | €3,650 | - | -€3,650 | |
| Trade debts | 44 | €47,560 | €7,840 | -€39,720 | -83.5% |
| Suppliers | 440/4 | €47,560 | €7,840 | -€39,720 | -83.5% |
| Taxes, remuneration and social security | 45 | €4,703 | €630 | -€4,073 | -86.6% |
| Taxes | 450/3 | €4,703 | €630 | -€4,073 | -86.6% |
| Other amounts payable | 47/48 | - | €412 | +€412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €448 | €448 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €19,390 | +€19,390 | |
| Other operating charges | 640/8 | - | €174 | +€174 | |
| Gross operating margin | 9900 | €2,612 | -€11,287 | -€13,899 | |
| Operating profit (loss) | 9901 | €2,164 | -€31,299 | -€33,463 | |
| Financial income | 75/76B | - | €12,386 | +€12,386 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Non-recurring financial income | 76B | - | €12,373 | +€12,373 | |
| Financial charges | 65/66B | - | €368 | +€368 | |
| Recurring financial charges | 65 | - | €368 | +€368 | |
| Profit (loss) for the period before taxes | 9903 | €2,164 | -€19,281 | -€21,445 | |
| Profit (loss) for the period | 9904 | €2,164 | -€19,281 | -€21,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,164 | -€19,281 | -€21,445 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.