CONFIDEM: 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.
CONFIDEM
Largest movements
- Cash +€120,215
up €120,215 (+333%), from €36,140 to €156,356
mainly Net result for the year (+€162,203) and Tax, wage and social debts (+€63,856)
- Tangible fixed assets -€39,209
down €39,209 (-49.8%), from €78,761 to €39,553
of which Land and buildings: -€50,223
- Receivables within one year +€31,874
up €31,874 (+131%), from €24,251 to €56,125
of which Other amounts receivable: +€55,734
- Tax, wage and social debts +€63,856
up €63,856 (+229%), from €27,870 to €91,726
- Reserves +€33,300
up €33,300 (+30.7%), from €108,559 to €141,859
of which Distributable reserves: +€33,300
- Profit (loss) carried forward +€24,203
up €24,203, from -€23,583 to €621
- Other debts -€18,467
down €18,467 (-93.5%), from €19,757 to €1,290
- Trade debts +€9,851
up €9,851 (+1,271%), from €775 to €10,626
- Gross operating margin +€232,420
up €232,420 (+861%), from €27,008 to €259,428
- Taxes +€76,915
up €76,915 (+879%), from €8,750 to €85,665
- Depreciation -€3,402
down €3,402 (-32.3%), from €10,537 to €7,135
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,576 | €252,441 | +€112,865 | +80.9% |
| Fixed assets | 21/28 | €78,761 | €39,553 | -€39,209 | -49.8% |
| Tangible fixed assets | 22/27 | €78,761 | €39,553 | -€39,209 | -49.8% |
| Land and buildings | 22 | €50,223 | €0 | -€50,223 | -100% |
| Plant, machinery and equipment | 23 | €9,638 | €22,787 | +€13,148 | +136% |
| Furniture and vehicles | 24 | €7,461 | €7,031 | -€429 | -5.8% |
| Other tangible fixed assets | 26 | €11,440 | €9,735 | -€1,705 | -14.9% |
| Current assets | 29/58 | €60,814 | €212,888 | +€152,074 | +250% |
| Amounts receivable within one year | 40/41 | €24,251 | €56,125 | +€31,874 | +131% |
| Trade receivables | 40 | €24,200 | €340 | -€23,860 | -98.6% |
| Other amounts receivable | 41 | €51 | €55,785 | +€55,734 | +108,770% |
| Cash at bank and in hand | 54/58 | €36,140 | €156,356 | +€120,215 | +333% |
| Deferred charges and accrued income | 490/1 | €423 | €408 | -€15 | -3.6% |
| Total equity and liabilities | 10/49 | €139,576 | €252,441 | +€112,865 | +80.9% |
| Equity | 10/15 | €91,174 | €148,677 | +€57,503 | +63.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €108,559 | €141,859 | +€33,300 | +30.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €106,700 | €140,000 | +€33,300 | +31.2% |
| Profit (loss) carried forward | 14 | -€23,583 | €621 | +€24,203 | |
| Amounts payable | 17/49 | €48,402 | €103,764 | +€55,362 | +114% |
| Amounts payable within one year | 42/48 | €48,402 | €103,764 | +€55,362 | +114% |
| Trade debts | 44 | €775 | €10,626 | +€9,851 | +1,271% |
| Suppliers | 440/4 | €775 | €10,626 | +€9,851 | +1,271% |
| Advances received on contracts in progress | 46 | - | €122 | +€122 | |
| Taxes, remuneration and social security | 45 | €27,870 | €91,726 | +€63,856 | +229% |
| Taxes | 450/3 | €27,870 | €91,726 | +€63,856 | +229% |
| Other amounts payable | 47/48 | €19,757 | €1,290 | -€18,467 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,537 | €7,135 | -€3,402 | -32.3% |
| Other operating charges | 640/8 | €1,104 | €1,085 | -€19 | -1.7% |
| Gross operating margin | 9900 | €27,008 | €259,428 | +€232,420 | +861% |
| Operating profit (loss) | 9901 | €15,368 | €251,209 | +€235,841 | +1,535% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €3,493 | €3,341 | -€153 | -4.4% |
| Recurring financial charges | 65 | €3,493 | €3,341 | -€153 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €11,877 | €247,868 | +€235,991 | +1,987% |
| Income taxes | 67/77 | €8,750 | €85,665 | +€76,915 | +879% |
| Profit (loss) for the period | 9904 | €3,127 | €162,203 | +€159,076 | +5,087% |
| Profit (loss) for the period to be appropriated | 9905 | €3,127 | €162,203 | +€159,076 | +5,087% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.