Qonversio: what changed
Two fiscal 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.
Qonversio
Largest movements
- Current investments +€30,000
new in 2025: €30,000
- Deferred charges and accrued income -€11,258
down €11,258 (-73.2%), from €15,380 to €4,122
- Cash -€9,346
down €9,346 (-16.5%), from €56,662 to €47,316
mainly Current investments (-€30,000) and Other debts (-€12,167)
- Receivables within one year -€5,342
down €5,342 (-6.4%), from €83,889 to €78,547
of which Trade receivables: -€5,120
- Profit (loss) carried forward +€24,222
up €24,222 (+26.6%), from €90,898 to €115,120
- Other debts -€12,167
down €12,167 (-52.0%), from €23,393 to €11,226
- Tax, wage and social debts -€8,212
down €8,212 (-25.1%), from €32,738 to €24,526
of which Remuneration and social security: -€10,204
- Gross operating margin +€32,259
up €32,259 (+42.5%), from €75,925 to €108,184
- Staff costs -€20,093
down €20,093 (-26.3%), from €76,449 to €56,356
- Taxes +€12,697
up €12,697 (+6976.4%), from €182 to €12,879
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.
Cash bridge derived
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 | €164,973 | €168,080 | +€3,107 | +1.9% |
| Fixed assets | 21/28 | €9,042 | €8,095 | -€947 | -10.5% |
| Tangible fixed assets | 22/27 | €8,139 | €7,082 | -€1,057 | -13.0% |
| Plant, machinery and equipment | 23 | €8,139 | €7,082 | -€1,057 | -13.0% |
| Financial fixed assets | 28 | €903 | €1,013 | +€110 | +12.2% |
| Current assets | 29/58 | €155,931 | €159,985 | +€4,054 | +2.6% |
| Amounts receivable within one year | 40/41 | €83,889 | €78,547 | -€5,342 | -6.4% |
| Trade receivables | 40 | €78,059 | €72,939 | -€5,120 | -6.6% |
| Other amounts receivable | 41 | €5,830 | €5,608 | -€222 | -3.8% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €56,662 | €47,316 | -€9,346 | -16.5% |
| Deferred charges and accrued income | 490/1 | €15,380 | €4,122 | -€11,258 | -73.2% |
| Total equity and liabilities | 10/49 | €164,973 | €168,080 | +€3,107 | +1.9% |
| Equity | 10/15 | €90,998 | €115,220 | +€24,222 | +26.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,898 | €115,120 | +€24,222 | +26.6% |
| Amounts payable | 17/49 | €73,975 | €52,860 | -€21,115 | -28.5% |
| Amounts payable within one year | 42/48 | €73,975 | €52,860 | -€21,115 | -28.5% |
| Trade debts | 44 | €17,844 | €17,108 | -€736 | -4.1% |
| Suppliers | 440/4 | €17,844 | €17,108 | -€736 | -4.1% |
| Taxes, remuneration and social security | 45 | €32,738 | €24,526 | -€8,212 | -25.1% |
| Taxes | 450/3 | €17,495 | €19,487 | +€1,992 | +11.4% |
| Remuneration and social security | 454/9 | €15,243 | €5,039 | -€10,204 | -66.9% |
| Other amounts payable | 47/48 | €23,393 | €11,226 | -€12,167 | -52.0% |
| Remuneration, social security and pensions | 62 | €76,449 | €56,356 | -€20,093 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,635 | €4,693 | -€942 | -16.7% |
| Other operating charges | 640/8 | €387 | €411 | +€24 | +6.2% |
| Gross operating margin | 9900 | €75,925 | €108,184 | +€32,259 | +42.5% |
| Operating profit (loss) | 9901 | -€6,546 | €46,724 | +€53,270 | |
| Financial income | 75/76B | - | €713 | +€713 | |
| Recurring financial income | 75 | - | €713 | +€713 | |
| Financial charges | 65/66B | €1,268 | €336 | -€932 | -73.5% |
| Recurring financial charges | 65 | €1,268 | €336 | -€932 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,814 | €47,101 | +€54,915 | |
| Income taxes | 67/77 | €182 | €12,879 | +€12,697 | +6976.4% |
| Profit (loss) for the period | 9904 | -€7,996 | €34,222 | +€42,218 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,996 | €34,222 | +€42,218 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.