SRL CONOTTE: 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.
SRL CONOTTE
Largest movements
- Cash +€859,021
up €859,021 (+622.0%), from €138,097 to €997,119
mainly Current investments (+€717,461) and Receivables within one year (+€152,745)
- Current investments -€717,461
down €717,461 (-93.5%), from €767,461 to €50,000
- Receivables within one year -€152,745
down €152,745 (-37.5%), from €407,642 to €254,898
- Other debts +€24,756
up €24,756 (+50.7%), from €48,847 to €73,603
- Profit (loss) carried forward -€22,144
down €22,144 (-6.2%), from €356,088 to €333,944
- Accrued charges and deferred income -€14,579
down €14,579 (-47.5%), from €30,694 to €16,115
- Gross operating margin -€44,541
down €44,541, from €22,967 to -€21,575
- Staff costs -€29,180
no longer reported in 2025 (was €29,180)
- Financial charges -€13,748
down €13,748 (-98.1%), from €14,010 to €261
of which Non-recurring financial charges: -€13,291
- Taxes -€5,336
down €5,336 (-99.8%), from €5,344 to €8
- Financial income -€1,763
down €1,763 (-41.2%), from €4,281 to €2,518
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 | €1,317,354 | €1,304,694 | -€12,660 | -1.0% |
| Fixed assets | 21/28 | €2,928 | €1,327 | -€1,601 | -54.7% |
| Tangible fixed assets | 22/27 | €2,928 | €1,327 | -€1,601 | -54.7% |
| Furniture and vehicles | 24 | €2,928 | €1,327 | -€1,601 | -54.7% |
| Current assets | 29/58 | €1,314,426 | €1,303,367 | -€11,059 | -0.8% |
| Amounts receivable within one year | 40/41 | €407,642 | €254,898 | -€152,745 | -37.5% |
| Trade receivables | 40 | €407,642 | €254,898 | -€152,745 | -37.5% |
| Current investments | 50/53 | €767,461 | €50,000 | -€717,461 | -93.5% |
| Cash at bank and in hand | 54/58 | €138,097 | €997,119 | +€859,021 | +622.0% |
| Deferred charges and accrued income | 490/1 | €1,225 | €1,351 | +€125 | +10.2% |
| Total equity and liabilities | 10/49 | €1,317,354 | €1,304,694 | -€12,660 | -1.0% |
| Equity | 10/15 | €1,233,903 | €1,211,760 | -€22,144 | -1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €865,416 | €865,416 | = | 0.0% |
| Distributable reserves | 133 | €865,416 | €865,416 | = | 0.0% |
| Profit (loss) carried forward | 14 | €356,088 | €333,944 | -€22,144 | -6.2% |
| Amounts payable | 17/49 | €83,451 | €92,934 | +€9,483 | +11.4% |
| Amounts payable within one year | 42/48 | €52,757 | €76,819 | +€24,062 | +45.6% |
| Trade debts | 44 | €1,195 | €648 | -€546 | -45.7% |
| Suppliers | 440/4 | €1,195 | €648 | -€546 | -45.7% |
| Taxes, remuneration and social security | 45 | €2,716 | €2,568 | -€147 | -5.4% |
| Taxes | 450/3 | €2,716 | €2,568 | -€147 | -5.4% |
| Other amounts payable | 47/48 | €48,847 | €73,603 | +€24,756 | +50.7% |
| Accrued charges and deferred income | 492/3 | €30,694 | €16,115 | -€14,579 | -47.5% |
| Remuneration, social security and pensions | 62 | €29,180 | - | -€29,180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,637 | €1,601 | -€36 | -2.2% |
| Other operating charges | 640/8 | €956 | €1,216 | +€260 | +27.2% |
| Gross operating margin | 9900 | €22,967 | -€21,575 | -€44,541 | |
| Operating profit (loss) | 9901 | -€8,807 | -€24,393 | -€15,585 | -177.0% |
| Financial income | 75/76B | €4,281 | €2,518 | -€1,763 | -41.2% |
| Recurring financial income | 75 | €4,281 | €2,518 | -€1,763 | -41.2% |
| Financial charges | 65/66B | €14,010 | €261 | -€13,748 | -98.1% |
| Recurring financial charges | 65 | €719 | €261 | -€457 | -63.6% |
| Non-recurring financial charges | 66B | €13,291 | - | -€13,291 | |
| Profit (loss) for the period before taxes | 9903 | -€18,535 | -€22,136 | -€3,600 | -19.4% |
| Income taxes | 67/77 | €5,344 | €8 | -€5,336 | -99.8% |
| Profit (loss) for the period | 9904 | -€23,880 | -€22,144 | +€1,736 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,880 | -€22,144 | +€1,736 | +7.3% |
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 11 October 2026 via checked.be.