LES CONFIDENTS: what changed
LES CONFIDENTS
Largest movements
- Stocks and contracts +€21,776
new in 2025: €21,776
- Receivables within one year -€18,861
down €18,861 (-59.0%), from €31,969 to €13,108
of which Trade receivables: -€18,651
- Cash +€17,373
up €17,373 (+1,395%), from €1,245 to €18,618
mainly Other debts (+€67,723) and Receivables within one year (+€18,861)
- Intangible fixed assets -€802
down €802 (-82.9%), from €967 to €165
- Deferred charges and accrued income +€769
up €769 (+279%), from €275 to €1,045
- Other debts +€67,723
up €67,723 (+530%), from €12,772 to €80,495
- Profit (loss) carried forward -€26,844
down €26,844 (-174%), from -€15,448 to -€42,292
- Trade debts -€20,623
down €20,623 (-62.7%), from €32,896 to €12,273
- Gross operating margin -€41,676
down €41,676, from €19,862 to -€21,813
- Other operating charges +€3,571
up €3,571 (+520%), from €686 to €4,257
- Write-downs +€1,058
up €1,058 (+82.7%), from -€1,280 to -€222
- Depreciation -€888
down €888 (-52.6%), from €1,690 to €802
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,420 | €56,675 | +€20,255 | +55.6% |
| Fixed assets | 21/28 | €2,930 | €2,128 | -€802 | -27.4% |
| Intangible fixed assets | 21 | €967 | €165 | -€802 | -82.9% |
| Financial fixed assets | 28 | €1,963 | €1,963 | = | 0.0% |
| Current assets | 29/58 | €33,490 | €54,547 | +€21,057 | +62.9% |
| Stocks and contracts in progress | 3 | - | €21,776 | +€21,776 | |
| Stocks | 30/36 | - | €21,776 | +€21,776 | |
| Amounts receivable within one year | 40/41 | €31,969 | €13,108 | -€18,861 | -59.0% |
| Trade receivables | 40 | €30,439 | €11,788 | -€18,651 | -61.3% |
| Other amounts receivable | 41 | €1,530 | €1,320 | -€210 | -13.7% |
| Cash at bank and in hand | 54/58 | €1,245 | €18,618 | +€17,373 | +1,395% |
| Deferred charges and accrued income | 490/1 | €275 | €1,045 | +€769 | +279% |
| Total equity and liabilities | 10/49 | €36,420 | €56,675 | +€20,255 | +55.6% |
| Equity | 10/15 | -€9,248 | -€36,092 | -€26,844 | -290% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,448 | -€42,292 | -€26,844 | -174% |
| Amounts payable | 17/49 | €45,668 | €92,767 | +€47,100 | +103% |
| Amounts payable within one year | 42/48 | €45,668 | €92,767 | +€47,100 | +103% |
| Trade debts | 44 | €32,896 | €12,273 | -€20,623 | -62.7% |
| Suppliers | 440/4 | €32,896 | €12,273 | -€20,623 | -62.7% |
| Other amounts payable | 47/48 | €12,772 | €80,495 | +€67,723 | +530% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,690 | €802 | -€888 | -52.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,280 | -€222 | +€1,058 | +82.7% |
| Other operating charges | 640/8 | €686 | €4,257 | +€3,571 | +520% |
| Gross operating margin | 9900 | €19,862 | -€21,813 | -€41,676 | |
| Operating profit (loss) | 9901 | €18,766 | -€26,650 | -€45,417 | |
| Financial income | 75/76B | €46 | €0 | -€46 | -100% |
| Recurring financial income | 75 | €46 | €0 | -€46 | -100% |
| Financial charges | 65/66B | €333 | €194 | -€139 | -41.6% |
| Recurring financial charges | 65 | €333 | €194 | -€139 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €18,479 | -€26,844 | -€45,324 | |
| Profit (loss) for the period | 9904 | €18,479 | -€26,844 | -€45,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,479 | -€26,844 | -€45,324 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.