CoCEPTIO: 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.
CoCEPTIO
Largest movements
- Current investments -€294,966
down €294,966 (-23.7%), from €1.2m to €947,220
- Receivables within one year -€284,632
down €284,632 (-12.2%), from €2.3m to €2.0m
of which Trade receivables: -€282,218
- Cash -€212,381
down €212,381 (-10.7%), from €2.0m to €1.8m
mainly Accrued charges and deferred income (-€1.2m) and Contributions, distributions and other (-€500,000)
- Accrued charges and deferred income -€1.2m
down €1.2m (-78.7%), from €1.6m to €336,177
- Other debts +€442,467
up €442,467 (+750.7%), from €58,938 to €501,404
- Provisions -€196,008
down €196,008 (-98.0%), from €200,008 to €4,000
- Trade debts +€142,952
up €142,952 (+29.7%), from €481,431 to €624,383
- Gross operating margin -€484,415
down €484,415 (-10.8%), from €4.5m to €4.0m
- Provisions -€396,015
down €396,015, from €200,008 to -€196,008
- Staff costs +€255,362
up €255,362 (+8.4%), from €3.1m to €3.3m
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 | €6,975,372 | €6,116,550 | -€858,822 | -12.3% |
| Fixed assets | 21/28 | €124,303 | €113,772 | -€10,531 | -8.5% |
| Intangible fixed assets | 21 | €46,811 | €27,631 | -€19,180 | -41.0% |
| Tangible fixed assets | 22/27 | €77,492 | €86,142 | +€8,650 | +11.2% |
| Furniture and vehicles | 24 | €77,492 | €86,142 | +€8,650 | +11.2% |
| Current assets | 29/58 | €6,851,069 | €6,002,777 | -€848,291 | -12.4% |
| Amounts receivable within one year | 40/41 | €2,332,080 | €2,047,447 | -€284,632 | -12.2% |
| Trade receivables | 40 | €2,190,795 | €1,908,577 | -€282,218 | -12.9% |
| Other amounts receivable | 41 | €141,284 | €138,870 | -€2,414 | -1.7% |
| Current investments | 50/53 | €1,242,185 | €947,220 | -€294,966 | -23.7% |
| Cash at bank and in hand | 54/58 | €1,991,308 | €1,778,928 | -€212,381 | -10.7% |
| Deferred charges and accrued income | 490/1 | €1,285,496 | €1,229,183 | -€56,313 | -4.4% |
| Total equity and liabilities | 10/49 | €6,975,372 | €6,116,550 | -€858,822 | -12.3% |
| Equity | 10/15 | €3,955,585 | €3,997,600 | +€42,015 | +1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €354,880 | €354,880 | = | 0.0% |
| Tax-exempt reserves | 132 | €353,640 | €353,640 | = | 0.0% |
| Distributable reserves | 133 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,588,305 | €3,630,320 | +€42,015 | +1.2% |
| Provisions and deferred taxes | 16 | €200,008 | €4,000 | -€196,008 | -98.0% |
| Provisions for liabilities and charges | 160/5 | €200,008 | €4,000 | -€196,008 | -98.0% |
| Other liabilities and charges | 164/5 | €200,008 | €4,000 | -€196,008 | -98.0% |
| Amounts payable | 17/49 | €2,819,779 | €2,114,950 | -€704,829 | -25.0% |
| Amounts payable within one year | 42/48 | €1,240,576 | €1,778,773 | +€538,197 | +43.4% |
| Trade debts | 44 | €481,431 | €624,383 | +€142,952 | +29.7% |
| Suppliers | 440/4 | €481,431 | €624,383 | +€142,952 | +29.7% |
| Taxes, remuneration and social security | 45 | €700,208 | €652,986 | -€47,221 | -6.7% |
| Taxes | 450/3 | €196,317 | €248,052 | +€51,735 | +26.4% |
| Remuneration and social security | 454/9 | €503,891 | €404,935 | -€98,956 | -19.6% |
| Other amounts payable | 47/48 | €58,938 | €501,404 | +€442,467 | +750.7% |
| Accrued charges and deferred income | 492/3 | €1,579,203 | €336,177 | -€1.2m | -78.7% |
| Remuneration, social security and pensions | 62 | €3,053,003 | €3,308,365 | +€255,362 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,146 | €63,114 | +€13,968 | +28.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €200,008 | -€196,008 | -€396,015 | |
| Other operating charges | 640/8 | €1,366 | €14,073 | +€12,707 | +930.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €4,476,679 | €3,992,264 | -€484,415 | -10.8% |
| Operating profit (loss) | 9901 | €1,173,157 | €802,720 | -€370,437 | -31.6% |
| Financial income | 75/76B | €30,868 | €25,176 | -€5,691 | -18.4% |
| Recurring financial income | 75 | €30,868 | €25,176 | -€5,691 | -18.4% |
| Financial charges | 65/66B | €35,731 | €48,947 | +€13,216 | +37.0% |
| Recurring financial charges | 65 | €35,731 | €48,947 | +€13,216 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €1,168,294 | €778,949 | -€389,345 | -33.3% |
| Income taxes | 67/77 | €253,919 | €236,934 | -€16,984 | -6.7% |
| Profit (loss) for the period | 9904 | €914,375 | €542,015 | -€372,361 | -40.7% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €0 | -€210,500 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €703,875 | €542,015 | -€161,861 | -23.0% |
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 5 October 2026 via checked.be.