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CON-FORM: 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.

What changed

CON-FORM

BE 0806.375.450
NACE 33.120, Repair and maintenance of machinery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,922
2024 · €32,367-€14,445
Equity
€228,633
2024 · €210,710+€17,922
Cash
€3,866
2024 · €407+€3,458
Balance sheet total
€545,336
2024 · €599,882-€54,546

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€42,049

    down €42,049 (-10.0%), from €420,905 to €378,856

    of which Land and buildings: -€22,551

  • Receivables within one year -€16,210

    down €16,210 (-9.3%), from €173,797 to €157,587

    of which Other amounts receivable: -€13,617

Equity and liabilities
  • Debts after one year -€34,900

    down €34,900 (-14.5%), from €240,134 to €205,234

  • Other debts -€30,223

    down €30,223 (-31.5%), from €95,890 to €65,667

  • Reserves +€17,922

    up €17,922 (+10.4%), from €172,110 to €190,033

    of which Distributable reserves: +€17,922

Income statement
  • Turnover -€39,536

    down €39,536 (-26.2%), from €150,708 to €111,171

  • Gross operating margin -€34,314

    down €34,314 (-30.3%), from €113,113 to €78,799

  • Write-downs -€17,023

    down €17,023 (-100.0%), from €17,023 to €0

  • Purchases and services -€14,066

    down €14,066 (-24.2%), from €58,163 to €44,096

  • Taxes -€6,154

    down €6,154 (-37.6%), from €16,364 to €10,210

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €32,367
Gross operating margin -€34,314
Depreciation +€5,478
Write-downs +€17,023
Other operating charges -€989
Other operating items -€10,213
Financial income +€53
Financial charges +€2,364
Taxes +€6,154
Result 2025 €17,922

Cash bridge derived

cash 2024 to 2025

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.

From operations +€25,037
Investment +€17,213
Financing -€38,792
Cash 2024 €407
Net result for the year +€17,922
Depreciation +€24,836
Receivables within one year +€16,210
Deferred charges and accrued income -€255
Trade debts +€1,782
Tax, wage and social debts -€5,235
Other debts -€30,223
Investment in fixed assets (net) +€17,213
Debts after one year -€34,900
Current portion of long-term debt -€3,063
Short-term financial debts -€828
Cash 2025 €3,866
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €599,882 €545,336 -€54,546 -9.1%
Fixed assets 21/28 €420,905 €378,856 -€42,049 -10.0%
Tangible fixed assets 22/27 €420,905 €378,856 -€42,049 -10.0%
Land and buildings 22 €397,224 €374,673 -€22,551 -5.7%
Furniture and vehicles 24 €23,681 €4,183 -€19,497 -82.3%
Current assets 29/58 €178,977 €166,480 -€12,497 -7.0%
Amounts receivable within one year 40/41 €173,797 €157,587 -€16,210 -9.3%
Trade receivables 40 €157,584 €154,991 -€2,594 -1.6%
Other amounts receivable 41 €16,213 €2,596 -€13,617 -84.0%
Cash at bank and in hand 54/58 €407 €3,866 +€3,458 +849.2%
Deferred charges and accrued income 490/1 €4,772 €5,027 +€255 +5.3%
Total equity and liabilities 10/49 €599,882 €545,336 -€54,546 -9.1%
Equity 10/15 €210,710 €228,633 +€17,922 +8.5%
Contributions 10/11 €38,600 €38,600 = 0.0%
Reserves 13 €172,110 €190,033 +€17,922 +10.4%
Non-distributable reserves 130/1 €3,860 €3,860 = 0.0%
Reserves not available under the articles 1311 €3,860 €3,860 = 0.0%
Distributable reserves 133 €168,250 €186,173 +€17,922 +10.7%
Amounts payable 17/49 €389,171 €316,703 -€72,468 -18.6%
Amounts payable after more than one year 17 €240,134 €205,234 -€34,900 -14.5%
Financial debts 170/4 €240,134 €205,234 -€34,900 -14.5%
Amounts payable within one year 42/48 €149,037 €111,469 -€37,568 -25.2%
Current portion of amounts payable after more than one year 42 €37,963 €34,900 -€3,063 -8.1%
Financial debts 43 €828 €0 -€828 -100.0%
Other loans 439 €828 €0 -€828 -100.0%
Trade debts 44 €1,189 €2,970 +€1,782 +149.9%
Suppliers 440/4 €1,189 €2,970 +€1,782 +149.9%
Taxes, remuneration and social security 45 €13,167 €7,932 -€5,235 -39.8%
Taxes 450/3 €13,167 €7,932 -€5,235 -39.8%
Other amounts payable 47/48 €95,890 €65,667 -€30,223 -31.5%
Turnover 70 €150,708 €111,171 -€39,536 -26.2%
Goods, raw materials, services and sundry goods 60/61 €58,163 €44,096 -€14,066 -24.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €30,313 €24,836 -€5,478 -18.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €17,023 €0 -€17,023 -100.0%
Other operating charges 640/8 €5,939 €6,928 +€989 +16.7%
Non-recurring operating charges 66A - €10,213 +€10,213
Gross operating margin 9900 €113,113 €78,799 -€34,314 -30.3%
Operating profit (loss) 9901 €59,838 €36,822 -€23,015 -38.5%
Financial income 75/76B €0 €53 +€53 +29344.4%
Recurring financial income 75 €0 €53 +€53 +29344.4%
Financial charges 65/66B €11,106 €8,743 -€2,364 -21.3%
Recurring financial charges 65 €11,106 €8,743 -€2,364 -21.3%
Profit (loss) for the period before taxes 9903 €48,731 €28,133 -€20,599 -42.3%
Income taxes 67/77 €16,364 €10,210 -€6,154 -37.6%
Profit (loss) for the period 9904 €32,367 €17,922 -€14,445 -44.6%
Profit (loss) for the period to be appropriated 9905 €32,367 €17,922 -€14,445 -44.6%

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 7 October 2026 via checked.be.