B-CONCEPT COLLECTION: 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.
B-CONCEPT COLLECTION
Largest movements
- Stocks and contracts +€244,728
up €244,728 (+355.8%), from €68,779 to €313,507
- Cash -€35,967
down €35,967 (-81.4%), from €44,207 to €8,241
mainly Stocks and contracts (-€244,728) and Other debts (-€109,905)
- Receivables within one year -€17,774
down €17,774 (-4.3%), from €410,029 to €392,255
of which Other amounts receivable: -€21,121
- Trade debts +€254,066
up €254,066 (+778.9%), from €32,618 to €286,685
- Other debts -€109,905
down €109,905 (-42.3%), from €259,564 to €149,659
- Short-term financial debts +€55,000
up €55,000 (+37.9%), from €145,000 to €200,000
- Debts after one year -€18,671
down €18,671 (-66.3%), from €28,182 to €9,511
- Profit (loss) carried forward +€16,087
up €16,087, from -€11,874 to €4,213
- Staff costs -€25,948
down €25,948 (-55.2%), from €46,977 to €21,029
- Other operating charges -€16,749
down €16,749 (-63.1%), from €26,535 to €9,786
- Financial charges +€12,031
up €12,031 (+97.0%), from €12,398 to €24,429
- Taxes +€1,974
new in 2025: €1,974
- Financial income -€1,123
down €1,123 (-18.0%), from €6,252 to €5,129
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 | €546,048 | €737,599 | +€191,551 | +35.1% |
| Fixed assets | 21/28 | €20,765 | €19,701 | -€1,065 | -5.1% |
| Tangible fixed assets | 22/27 | €20,560 | €19,496 | -€1,065 | -5.2% |
| Plant, machinery and equipment | 23 | €20,560 | €19,496 | -€1,065 | -5.2% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €525,283 | €717,899 | +€192,616 | +36.7% |
| Stocks and contracts in progress | 3 | €68,779 | €313,507 | +€244,728 | +355.8% |
| Stocks | 30/36 | €68,779 | €313,507 | +€244,728 | +355.8% |
| Amounts receivable within one year | 40/41 | €410,029 | €392,255 | -€17,774 | -4.3% |
| Trade receivables | 40 | €143,779 | €147,126 | +€3,347 | +2.3% |
| Other amounts receivable | 41 | €266,249 | €245,129 | -€21,121 | -7.9% |
| Cash at bank and in hand | 54/58 | €44,207 | €8,241 | -€35,967 | -81.4% |
| Deferred charges and accrued income | 490/1 | €2,268 | €3,897 | +€1,629 | +71.8% |
| Total equity and liabilities | 10/49 | €546,048 | €737,599 | +€191,551 | +35.1% |
| Equity | 10/15 | €37,021 | €53,109 | +€16,087 | +43.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €42,895 | €42,895 | = | 0.0% |
| Distributable reserves | 133 | €42,895 | €42,895 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,874 | €4,213 | +€16,087 | |
| Amounts payable | 17/49 | €509,027 | €684,491 | +€175,464 | +34.5% |
| Amounts payable after more than one year | 17 | €28,182 | €9,511 | -€18,671 | -66.3% |
| Financial debts | 170/4 | €28,182 | €9,511 | -€18,671 | -66.3% |
| Amounts payable within one year | 42/48 | €477,864 | €671,800 | +€193,936 | +40.6% |
| Current portion of amounts payable after more than one year | 42 | €18,213 | €18,671 | +€458 | +2.5% |
| Financial debts | 43 | €145,000 | €200,000 | +€55,000 | +37.9% |
| Credit institutions | 430/8 | €145,000 | €200,000 | +€55,000 | +37.9% |
| Trade debts | 44 | €32,618 | €286,685 | +€254,066 | +778.9% |
| Suppliers | 440/4 | €32,618 | €286,685 | +€254,066 | +778.9% |
| Taxes, remuneration and social security | 45 | €22,468 | €16,785 | -€5,683 | -25.3% |
| Taxes | 450/3 | €15,500 | €13,535 | -€1,965 | -12.7% |
| Remuneration and social security | 454/9 | €6,968 | €3,249 | -€3,719 | -53.4% |
| Other amounts payable | 47/48 | €259,564 | €149,659 | -€109,905 | -42.3% |
| Accrued charges and deferred income | 492/3 | €2,981 | €3,180 | +€199 | +6.7% |
| Remuneration, social security and pensions | 62 | €46,977 | €21,029 | -€25,948 | -55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,009 | €2,482 | +€472 | +23.5% |
| Other operating charges | 640/8 | €26,535 | €9,786 | -€16,749 | -63.1% |
| Gross operating margin | 9900 | €69,795 | €70,659 | +€864 | +1.2% |
| Operating profit (loss) | 9901 | -€5,727 | €37,362 | +€43,089 | |
| Financial income | 75/76B | €6,252 | €5,129 | -€1,123 | -18.0% |
| Recurring financial income | 75 | €6,252 | €5,129 | -€1,123 | -18.0% |
| Financial charges | 65/66B | €12,398 | €24,429 | +€12,031 | +97.0% |
| Recurring financial charges | 65 | €12,398 | €24,429 | +€12,031 | +97.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,874 | €18,062 | +€29,935 | |
| Income taxes | 67/77 | - | €1,974 | +€1,974 | |
| Profit (loss) for the period | 9904 | -€11,874 | €16,087 | +€27,961 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,874 | €16,087 | +€27,961 |
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 9 October 2026 via checked.be.