CONEXIS: 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.
What changed
CONEXIS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€36,476
2024 · €17,240+€19,236
Equity
€236,905
2024 · €220,429+€16,476
Cash
€247,142
2024 · €214,294+€32,849
Balance sheet total
€289,111
2024 · €260,346+€28,766
Largest movements
Assets
- Cash +€32,849
up €32,849 (+15.3%), from €214,294 to €247,142
mainly Net result for the year (+€36,476) and Tax, wage and social debts (+€13,564)
Equity and liabilities
- Profit (loss) carried forward +€16,476
up €16,476 (+16.8%), from €97,969 to €114,445
- Tax, wage and social debts +€13,564
up €13,564 (+55.0%), from €24,654 to €38,218
of which Taxes: +€10,770
- Trade debts -€5,475
down €5,475 (-42.4%), from €12,914 to €7,438
Income statement
- Gross operating margin +€33,135
up €33,135 (+26.5%), from €125,146 to €158,281
- Taxes +€13,047
up €13,047 (+260%), from €5,027 to €18,074
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.
Result 2024
€17,240
Gross operating margin
+€33,135
Staff costs
-€62
Depreciation
-€377
Provisions
-€184
Other operating charges
-€150
Financial income
-€0
Financial charges
-€78
Taxes
-€13,047
Result 2025
€36,476
raises the resultlowers the result
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.
From operations
+€51,398
Investment
-€772
Financing
-€17,777
Cash 2024
€214,294
From operations (derived)
+€51,398
Net result for the year
+€36,476
Depreciation
+€2,172
Receivables within one year
+€2,766
Deferred charges and accrued income
-€82
Trade debts
-€5,475
Tax, wage and social debts
+€13,564
Other debts
+€1,979
Investment (derived)
-€772
Investment in fixed assets (net)
-€772
Financing
-€17,777
Current portion of long-term debt
+€2,223
Contributions, distributions and other
-€20,000
Cash 2025
€247,142
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €260,346 | €289,111 | +€28,766 | +11.0% |
| Fixed assets | 21/28 | €3,134 | €1,734 | -€1,399 | -44.7% |
| Tangible fixed assets | 22/27 | €3,064 | €1,665 | -€1,399 | -45.7% |
| Furniture and vehicles | 24 | €2,664 | €1,449 | -€1,215 | -45.6% |
| Other tangible fixed assets | 26 | €400 | €216 | -€184 | -46.0% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €257,212 | €287,377 | +€30,165 | +11.7% |
| Amounts receivable within one year | 40/41 | €41,534 | €38,768 | -€2,766 | -6.7% |
| Trade receivables | 40 | €27,985 | €36,382 | +€8,397 | +30.0% |
| Other amounts receivable | 41 | €13,549 | €2,387 | -€11,163 | -82.4% |
| Cash at bank and in hand | 54/58 | €214,294 | €247,142 | +€32,849 | +15.3% |
| Deferred charges and accrued income | 490/1 | €1,384 | €1,467 | +€82 | +6.0% |
| Total equity and liabilities | 10/49 | €260,346 | €289,111 | +€28,766 | +11.0% |
| Equity | 10/15 | €220,429 | €236,905 | +€16,476 | +7.5% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €13,600 | +€13,600 | |
| Other | 1109/19 | - | €13,600 | +€13,600 | |
| Reserves | 13 | €108,860 | €108,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €107,000 | €107,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,969 | €114,445 | +€16,476 | +16.8% |
| Amounts payable | 17/49 | €39,917 | €52,207 | +€12,290 | +30.8% |
| Amounts payable within one year | 42/48 | €39,917 | €52,207 | +€12,290 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €1,894 | €4,117 | +€2,223 | +117% |
| Trade debts | 44 | €12,914 | €7,438 | -€5,475 | -42.4% |
| Suppliers | 440/4 | €12,914 | €7,438 | -€5,475 | -42.4% |
| Taxes, remuneration and social security | 45 | €24,654 | €38,218 | +€13,564 | +55.0% |
| Taxes | 450/3 | €11,057 | €21,826 | +€10,770 | +97.4% |
| Remuneration and social security | 454/9 | €13,597 | €16,391 | +€2,794 | +20.6% |
| Other amounts payable | 47/48 | €455 | €2,434 | +€1,979 | +435% |
| Remuneration, social security and pensions | 62 | €98,014 | €98,076 | +€62 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,795 | €2,172 | +€377 | +21.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €184 | +€184 | |
| Other operating charges | 640/8 | €315 | €465 | +€150 | +47.5% |
| Gross operating margin | 9900 | €125,146 | €158,281 | +€33,135 | +26.5% |
| Operating profit (loss) | 9901 | €25,022 | €57,383 | +€32,361 | +129% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,755 | €2,833 | +€78 | +2.8% |
| Recurring financial charges | 65 | €2,755 | €2,833 | +€78 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €22,267 | €54,550 | +€32,283 | +145% |
| Income taxes | 67/77 | €5,027 | €18,074 | +€13,047 | +260% |
| Profit (loss) for the period | 9904 | €17,240 | €36,476 | +€19,236 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €17,240 | €36,476 | +€19,236 | +112% |
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 14 October 2026 via checked.be.