CONVANTO: 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.
CONVANTO
Largest movements
- Cash +€85,086
up €85,086 (+243%), from €35,057 to €120,143
mainly Net result for the year (+€42,308) and Stocks and contracts (+€20,151)
- Stocks and contracts -€20,151
down €20,151 (-28.8%), from €70,015 to €49,864
- Tangible fixed assets -€10,966
down €10,966 (-25.8%), from €42,493 to €31,527
of which Furniture and vehicles: -€10,667
- Receivables within one year +€7,042
up €7,042 (+144%), from €4,892 to €11,934
- Intangible fixed assets -€2,300
down €2,300 (-24.4%), from €9,437 to €7,137
- Other debts -€42,459
down €42,459 (-82.8%), from €51,263 to €8,803
- Profit (loss) carried forward +€42,308
up €42,308 (+47.0%), from -€90,051 to -€47,743
- Debts after one year +€19,187
up €19,187 (+20.5%), from €93,824 to €113,011
of which Other amounts payable: +€45,000
- Advances received +€16,755
up €16,755 (+57.6%), from €29,090 to €45,845
- Trade debts +€12,057
up €12,057 (+220%), from €5,477 to €17,534
- Gross operating margin +€135,131
up €135,131, from -€26,453 to €108,678
- Financial charges +€2,783
up €2,783 (+47.9%), from €5,812 to €8,595
- Write-downs -€2,016
down €2,016 (-68.0%), from €2,963 to €948
- Staff costs +€1,991
up €1,991 (+4.9%), from €40,939 to €42,930
- Other operating charges -€1,835
down €1,835 (-76.1%), from €2,412 to €577
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 | €166,895 | €227,532 | +€60,638 | +36.3% |
| Fixed assets | 21/28 | €56,930 | €43,664 | -€13,266 | -23.3% |
| Intangible fixed assets | 21 | €9,437 | €7,137 | -€2,300 | -24.4% |
| Tangible fixed assets | 22/27 | €42,493 | €31,527 | -€10,966 | -25.8% |
| Plant, machinery and equipment | 23 | €1,276 | €977 | -€299 | -23.4% |
| Furniture and vehicles | 24 | €41,217 | €30,550 | -€10,667 | -25.9% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €109,965 | €183,869 | +€73,904 | +67.2% |
| Stocks and contracts in progress | 3 | €70,015 | €49,864 | -€20,151 | -28.8% |
| Stocks | 30/36 | €70,015 | €49,864 | -€20,151 | -28.8% |
| Amounts receivable within one year | 40/41 | €4,892 | €11,934 | +€7,042 | +144% |
| Trade receivables | 40 | €4,892 | €11,934 | +€7,042 | +144% |
| Cash at bank and in hand | 54/58 | €35,057 | €120,143 | +€85,086 | +243% |
| Deferred charges and accrued income | 490/1 | - | €1,928 | +€1,928 | |
| Total equity and liabilities | 10/49 | €166,895 | €227,532 | +€60,638 | +36.3% |
| Equity | 10/15 | -€55,451 | -€13,143 | +€42,308 | +76.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,051 | -€47,743 | +€42,308 | +47.0% |
| Amounts payable | 17/49 | €222,346 | €240,675 | +€18,330 | +8.2% |
| Amounts payable after more than one year | 17 | €93,824 | €113,011 | +€19,187 | +20.5% |
| Financial debts | 170/4 | €93,824 | €68,011 | -€25,813 | -27.5% |
| Other amounts payable | 178/9 | - | €45,000 | +€45,000 | |
| Amounts payable within one year | 42/48 | €126,522 | €125,564 | -€958 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €23,615 | €25,813 | +€2,198 | +9.3% |
| Trade debts | 44 | €5,477 | €17,534 | +€12,057 | +220% |
| Suppliers | 440/4 | €5,477 | €17,534 | +€12,057 | +220% |
| Advances received on contracts in progress | 46 | €29,090 | €45,845 | +€16,755 | +57.6% |
| Taxes, remuneration and social security | 45 | €17,078 | €27,570 | +€10,492 | +61.4% |
| Taxes | 450/3 | €12,118 | €23,471 | +€11,353 | +93.7% |
| Remuneration and social security | 454/9 | €4,960 | €4,099 | -€861 | -17.4% |
| Other amounts payable | 47/48 | €51,263 | €8,803 | -€42,459 | -82.8% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,100 | +€100 | +5.0% |
| Remuneration, social security and pensions | 62 | €40,939 | €42,930 | +€1,991 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,082 | €13,266 | +€1,184 | +9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,963 | €948 | -€2,016 | -68.0% |
| Other operating charges | 640/8 | €2,412 | €577 | -€1,835 | -76.1% |
| Gross operating margin | 9900 | -€26,453 | €108,678 | +€135,131 | |
| Operating profit (loss) | 9901 | -€84,848 | €50,957 | +€135,806 | |
| Financial income | 75/76B | €480 | €148 | -€332 | -69.2% |
| Recurring financial income | 75 | €480 | €148 | -€332 | -69.2% |
| Financial charges | 65/66B | €5,812 | €8,595 | +€2,783 | +47.9% |
| Recurring financial charges | 65 | €5,812 | €8,595 | +€2,783 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | -€90,181 | €42,510 | +€132,691 | |
| Income taxes | 67/77 | €222 | €202 | -€20 | -8.9% |
| Profit (loss) for the period | 9904 | -€90,402 | €42,308 | +€132,710 | |
| Profit (loss) for the period to be appropriated | 9905 | -€90,402 | €42,308 | +€132,710 |
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 13 October 2026 via checked.be.