T-CONFORM: 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.
T-CONFORM
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€21,199
down €21,199 (-20.8%), from €101,954 to €80,755
mainly Current investments (-€100,000) and Contributions, distributions and other (-€15,234)
- Tangible fixed assets -€5,209
down €5,209 (-28.1%), from €18,541 to €13,332
of which Furniture and vehicles: -€4,028
- Reserves +€54,834
up €54,834 (+55.4%), from €98,900 to €153,735
of which Distributable reserves: +€54,834
- Tax, wage and social debts +€10,204
up €10,204 (+59.6%), from €17,121 to €27,325
- Other debts +€6,356
up €6,356 (+71.6%), from €8,878 to €15,234
- Trade debts +€2,704
up €2,704 (+75.5%), from €3,581 to €6,285
- Gross operating margin +€31,243
up €31,243 (+34.7%), from €90,049 to €121,292
- Taxes +€16,039
up €16,039 (+69.1%), from €23,220 to €39,259
- Financial charges +€2,185
up €2,185 (+69.8%), from €3,129 to €5,314
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 | €128,580 | €202,694 | +€74,114 | +57.6% |
| Fixed assets | 21/28 | €19,666 | €14,457 | -€5,209 | -26.5% |
| Tangible fixed assets | 22/27 | €18,541 | €13,332 | -€5,209 | -28.1% |
| Furniture and vehicles | 24 | €9,987 | €5,959 | -€4,028 | -40.3% |
| Other tangible fixed assets | 26 | €8,554 | €7,373 | -€1,181 | -13.8% |
| Financial fixed assets | 28 | €1,125 | €1,125 | = | 0.0% |
| Current assets | 29/58 | €108,914 | €188,237 | +€79,323 | +72.8% |
| Amounts receivable within one year | 40/41 | €4,925 | €5,367 | +€441 | +9.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,925 | €5,367 | +€441 | +9.0% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €101,954 | €80,755 | -€21,199 | -20.8% |
| Deferred charges and accrued income | 490/1 | €2,035 | €2,115 | +€81 | +4.0% |
| Total equity and liabilities | 10/49 | €128,580 | €202,694 | +€74,114 | +57.6% |
| Equity | 10/15 | €99,000 | €153,835 | +€54,834 | +55.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €98,900 | €153,735 | +€54,834 | +55.4% |
| Tax-exempt reserves | 132 | €3,354 | €3,354 | = | 0.0% |
| Distributable reserves | 133 | €95,546 | €150,380 | +€54,834 | +57.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,580 | €48,859 | +€19,279 | +65.2% |
| Amounts payable within one year | 42/48 | €29,580 | €48,843 | +€19,263 | +65.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,581 | €6,285 | +€2,704 | +75.5% |
| Suppliers | 440/4 | €3,581 | €6,285 | +€2,704 | +75.5% |
| Taxes, remuneration and social security | 45 | €17,121 | €27,325 | +€10,204 | +59.6% |
| Taxes | 450/3 | €17,121 | €27,325 | +€10,204 | +59.6% |
| Other amounts payable | 47/48 | €8,878 | €15,234 | +€6,356 | +71.6% |
| Accrued charges and deferred income | 492/3 | - | €16 | +€16 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,832 | €5,209 | -€623 | -10.7% |
| Other operating charges | 640/8 | €2,103 | €3,168 | +€1,065 | +50.7% |
| Non-recurring operating charges | 66A | €34 | €0 | -€34 | -100.0% |
| Gross operating margin | 9900 | €90,049 | €121,292 | +€31,243 | +34.7% |
| Operating profit (loss) | 9901 | €82,080 | €112,915 | +€30,835 | +37.6% |
| Financial income | 75/76B | €515 | €1,726 | +€1,211 | +234.9% |
| Recurring financial income | 75 | €515 | €1,726 | +€1,211 | +234.9% |
| Financial charges | 65/66B | €3,129 | €5,314 | +€2,185 | +69.8% |
| Recurring financial charges | 65 | €3,129 | €5,314 | +€2,185 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | €79,467 | €109,327 | +€29,861 | +37.6% |
| Income taxes | 67/77 | €23,220 | €39,259 | +€16,039 | +69.1% |
| Profit (loss) for the period | 9904 | €56,247 | €70,068 | +€13,822 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,247 | €70,068 | +€13,822 | +24.6% |
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 1 October 2026 via checked.be.