A MA CONCEPTION: 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.
A MA CONCEPTION
Largest movements
- Receivables after one year +€45,382
new in 2025: €45,382
- Tangible fixed assets +€43,113
up €43,113 (+500.8%), from €8,609 to €51,722
of which Furniture and vehicles: +€44,536
- Cash +€14,814
up €14,814 (+35.1%), from €42,205 to €57,020
mainly Net result for the year (+€73,809) and Current portion of long-term debt (+€9,882)
- Receivables within one year -€7,823
down €7,823 (-17.5%), from €44,746 to €36,923
of which Trade receivables: -€6,797
- Reserves +€53,390
up €53,390 (+148.9%), from €35,863 to €89,253
- Profit (loss) carried forward +€18,753
up €18,753 (+66.4%), from €28,247 to €47,001
- Current portion of long-term debt +€9,882
new in 2025: €9,882
- Debts after one year +€8,504
new in 2025: €8,504
- Trade debts +€7,043
up €7,043 (+108.6%), from €6,485 to €13,528
- Gross operating margin +€81,456
up €81,456 (+361.5%), from €22,530 to €103,986
- Taxes +€14,532
up €14,532 (+285.4%), from €5,092 to €19,624
- Depreciation +€6,798
up €6,798 (+386.2%), from €1,760 to €8,559
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.
Cash bridge derived
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 | €96,869 | €192,038 | +€95,169 | +98.2% |
| Fixed assets | 21/28 | €8,609 | €51,722 | +€43,113 | +500.8% |
| Tangible fixed assets | 22/27 | €8,609 | €51,722 | +€43,113 | +500.8% |
| Land and buildings | 22 | €5,589 | €5,289 | -€300 | -5.4% |
| Plant, machinery and equipment | 23 | €1,887 | €765 | -€1,123 | -59.5% |
| Furniture and vehicles | 24 | €1,133 | €45,669 | +€44,536 | +3931.3% |
| Current assets | 29/58 | €88,260 | €140,316 | +€52,056 | +59.0% |
| Amounts receivable after more than one year | 29 | - | €45,382 | +€45,382 | |
| Trade receivables | 290 | - | €45,382 | +€45,382 | |
| Amounts receivable within one year | 40/41 | €44,746 | €36,923 | -€7,823 | -17.5% |
| Trade receivables | 40 | €42,227 | €35,431 | -€6,797 | -16.1% |
| Other amounts receivable | 41 | €2,519 | €1,492 | -€1,026 | -40.7% |
| Cash at bank and in hand | 54/58 | €42,205 | €57,020 | +€14,814 | +35.1% |
| Deferred charges and accrued income | 490/1 | €1,308 | €991 | -€317 | -24.2% |
| Total equity and liabilities | 10/49 | €96,869 | €192,038 | +€95,169 | +98.2% |
| Equity | 10/15 | €70,110 | €142,254 | +€72,144 | +102.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €35,863 | €89,253 | +€53,390 | +148.9% |
| Distributable reserves | 133 | €35,863 | €89,253 | +€53,390 | +148.9% |
| Profit (loss) carried forward | 14 | €28,247 | €47,001 | +€18,753 | +66.4% |
| Amounts payable | 17/49 | €26,759 | €49,784 | +€23,025 | +86.0% |
| Amounts payable after more than one year | 17 | - | €8,504 | +€8,504 | |
| Financial debts | 170/4 | - | €8,504 | +€8,504 | |
| Amounts payable within one year | 42/48 | €26,759 | €39,689 | +€12,929 | +48.3% |
| Current portion of amounts payable after more than one year | 42 | - | €9,882 | +€9,882 | |
| Trade debts | 44 | €6,485 | €13,528 | +€7,043 | +108.6% |
| Suppliers | 440/4 | €6,485 | €13,528 | +€7,043 | +108.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €20,275 | €14,864 | -€5,411 | -26.7% |
| Taxes | 450/3 | €20,275 | €14,864 | -€5,411 | -26.7% |
| Other amounts payable | 47/48 | €0 | €1,415 | +€1,415 | |
| Accrued charges and deferred income | 492/3 | €0 | €1,591 | +€1,591 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,760 | €8,559 | +€6,798 | +386.2% |
| Other operating charges | 640/8 | €104 | €853 | +€749 | +720.6% |
| Gross operating margin | 9900 | €22,530 | €103,986 | +€81,456 | +361.5% |
| Operating profit (loss) | 9901 | €20,666 | €94,574 | +€73,908 | +357.6% |
| Financial income | 75/76B | €0 | €2 | +€2 | |
| Recurring financial income | 75 | €0 | €2 | +€2 | |
| Financial charges | 65/66B | €526 | €1,143 | +€617 | +117.3% |
| Recurring financial charges | 65 | €526 | €1,143 | +€617 | +117.3% |
| Profit (loss) for the period before taxes | 9903 | €20,140 | €93,432 | +€73,293 | +363.9% |
| Income taxes | 67/77 | €5,092 | €19,624 | +€14,532 | +285.4% |
| Profit (loss) for the period | 9904 | €15,048 | €73,809 | +€58,761 | +390.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,048 | €73,809 | +€58,761 | +390.5% |
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.