A & P CONCEPT: 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.
A & P CONCEPT
Largest movements
- Receivables within one year -€47,768
down €47,768 (-49.6%), from €96,293 to €48,525
of which Other amounts receivable: -€35,027
- Tangible fixed assets -€35,459
down €35,459 (-56.4%), from €62,917 to €27,458
of which Furniture and vehicles: -€32,459
- Cash +€15,502
up €15,502 (+93.5%), from €16,580 to €32,082
mainly Receivables within one year (+€47,768) and Depreciation (+€32,536)
- Other debts -€32,000
no longer reported in 2025 (was €32,000)
- Profit (loss) carried forward -€30,916
down €30,916, from €17,613 to -€13,303
- Current portion of long-term debt -€6,672
no longer reported in 2025 (was €6,672)
- Trade debts +€3,521
up €3,521 (+157%), from €2,241 to €5,762
- Gross operating margin +€9,016
up €9,016, from -€4,578 to €4,438
- Depreciation -€2,236
down €2,236 (-6.4%), from €34,772 to €32,536
- Other operating charges +€507
up €507 (+31.2%), from €1,624 to €2,131
- Financial charges -€295
down €295 (-67.3%), from €439 to €143
- Financial income -€47
no longer reported in 2025 (was €47)
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 | €196,177 | €128,246 | -€67,931 | -34.6% |
| Fixed assets | 21/28 | €62,917 | €27,458 | -€35,459 | -56.4% |
| Tangible fixed assets | 22/27 | €62,917 | €27,458 | -€35,459 | -56.4% |
| Plant, machinery and equipment | 23 | €12,031 | €9,031 | -€3,000 | -24.9% |
| Furniture and vehicles | 24 | €50,886 | €18,427 | -€32,459 | -63.8% |
| Current assets | 29/58 | €133,260 | €100,788 | -€32,472 | -24.4% |
| Stocks and contracts in progress | 3 | €19,500 | €19,500 | = | 0.0% |
| Stocks | 30/36 | €19,500 | €19,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €96,293 | €48,525 | -€47,768 | -49.6% |
| Trade receivables | 40 | €48,061 | €35,320 | -€12,741 | -26.5% |
| Other amounts receivable | 41 | €48,232 | €13,205 | -€35,027 | -72.6% |
| Cash at bank and in hand | 54/58 | €16,580 | €32,082 | +€15,502 | +93.5% |
| Deferred charges and accrued income | 490/1 | €887 | €681 | -€206 | -23.2% |
| Total equity and liabilities | 10/49 | €196,177 | €128,246 | -€67,931 | -34.6% |
| Equity | 10/15 | €151,369 | €120,453 | -€30,916 | -20.4% |
| Reserves | 13 | €133,756 | €133,756 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €131,896 | €131,896 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,613 | -€13,303 | -€30,916 | |
| Amounts payable | 17/49 | €44,807 | €7,792 | -€37,015 | -82.6% |
| Amounts payable within one year | 42/48 | €44,807 | €7,792 | -€37,015 | -82.6% |
| Current portion of amounts payable after more than one year | 42 | €6,672 | - | -€6,672 | |
| Trade debts | 44 | €2,241 | €5,762 | +€3,521 | +157% |
| Suppliers | 440/4 | €2,241 | €5,762 | +€3,521 | +157% |
| Taxes, remuneration and social security | 45 | €3,894 | €2,030 | -€1,864 | -47.9% |
| Taxes | 450/3 | €1,694 | €2,030 | +€336 | +19.9% |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Other amounts payable | 47/48 | €32,000 | - | -€32,000 | |
| Non-recurring operating income | 76A | €2,653 | €44,615 | +€41,962 | +1,582% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,772 | €32,536 | -€2,236 | -6.4% |
| Other operating charges | 640/8 | €1,624 | €2,131 | +€507 | +31.2% |
| Non-recurring operating charges | 66A | - | €237 | +€237 | |
| Gross operating margin | 9900 | -€4,578 | €4,438 | +€9,016 | |
| Operating profit (loss) | 9901 | -€40,974 | -€30,466 | +€10,508 | +25.6% |
| Financial income | 75/76B | €47 | - | -€47 | |
| Recurring financial income | 75 | €47 | - | -€47 | |
| Financial charges | 65/66B | €439 | €143 | -€295 | -67.3% |
| Recurring financial charges | 65 | €439 | €143 | -€295 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | -€41,366 | -€30,610 | +€10,756 | +26.0% |
| Income taxes | 67/77 | €270 | €306 | +€36 | +13.3% |
| Profit (loss) for the period | 9904 | -€41,636 | -€30,916 | +€10,720 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,636 | -€30,916 | +€10,720 | +25.7% |
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 17 October 2026 via checked.be.