CONTWEN: 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.
CONTWEN
Largest movements
- Financial fixed assets +€5.0m
up €5.0m (+524%), from €952,860 to €5.9m
- Cash -€228,080
down €228,080 (-97.5%), from €234,041 to €5,961
mainly Investment in fixed assets (net) (-€5.0m) and Contributions, distributions and other (-€225,000)
- Debts after one year +€4.0m
new in 2025: €4.0m
- Current portion of long-term debt +€605,000
new in 2025: €605,000
- Reserves +€159,500
up €159,500 (+14.1%), from €1.1m to €1.3m
- Financial income +€274,486
up €274,486 (+246%), from €111,522 to €386,008
of which Non-recurring financial income: +€276,173
- Gross operating margin +€342
up €342 (+40.1%), from €853 to €1,196
- Taxes -€131
down €131 (-7.8%), from €1,686 to €1,556
- Other operating charges +€31
up €31 (+3.2%), from €968 to €998
- Financial charges +€15
up €15 (+11.1%), from €135 to €150
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.
Derived cash bridge
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 | €1,187,435 | €5,952,299 | +€4.8m | +401% |
| Fixed assets | 21/28 | €952,860 | €5,944,893 | +€5.0m | +524% |
| Financial fixed assets | 28 | €952,860 | €5,944,893 | +€5.0m | +524% |
| Current assets | 29/58 | €234,574 | €7,406 | -€227,169 | -96.8% |
| Amounts receivable within one year | 40/41 | €533 | €1,444 | +€911 | +171% |
| Other amounts receivable | 41 | €533 | €1,444 | +€911 | +171% |
| Cash at bank and in hand | 54/58 | €234,041 | €5,961 | -€228,080 | -97.5% |
| Total equity and liabilities | 10/49 | €1,187,435 | €5,952,299 | +€4.8m | +401% |
| Equity | 10/15 | €1,187,169 | €1,346,669 | +€159,500 | +13.4% |
| Contributions | 10/11 | €55,800 | €55,800 | = | 0.0% |
| Reserves | 13 | €1,131,369 | €1,290,869 | +€159,500 | +14.1% |
| Distributable reserves | 133 | €1,131,369 | €1,290,869 | +€159,500 | +14.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €266 | €4,605,630 | +€4.6m | +1,734,470% |
| Amounts payable after more than one year | 17 | - | €4,000,000 | +€4.0m | |
| Other amounts payable | 178/9 | - | €4,000,000 | +€4.0m | |
| Amounts payable within one year | 42/48 | €266 | €605,630 | +€605,364 | +227,992% |
| Current portion of amounts payable after more than one year | 42 | - | €605,000 | +€605,000 | |
| Taxes, remuneration and social security | 45 | €266 | €630 | +€364 | +137% |
| Taxes | 450/3 | €266 | €630 | +€364 | +137% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €853 | €1,196 | +€342 | +40.1% |
| Operating profit (loss) | 9901 | -€114 | €197 | +€311 | |
| Financial income | 75/76B | €111,522 | €386,008 | +€274,486 | +246% |
| Recurring financial income | 75 | €7,862 | €6,175 | -€1,687 | -21.5% |
| Non-recurring financial income | 76B | €103,660 | €379,833 | +€276,173 | +266% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €111,273 | €386,055 | +€274,782 | +247% |
| Income taxes | 67/77 | €1,686 | €1,556 | -€131 | -7.8% |
| Profit (loss) for the period | 9904 | €109,586 | €384,500 | +€274,913 | +251% |
| Profit (loss) for the period to be appropriated | 9905 | €109,586 | €384,500 | +€274,913 | +251% |
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 16 October 2026 via checked.be.