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COMCRETE: 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.

What changed

COMCRETE

BE 0886.641.663
NACE 82.300, Organisation of conventions and trade shows
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€21,023
2023 · €17,638-€38,662
Equity
-€373,605
2023 · -€352,581-€21,023
Cash
€14,045
2023 · €29,456-€15,410
Balance sheet total
€221,924
2023 · €243,502-€21,577

Largest movements

2023 to 2024
Assets
  • Cash -€15,410

    down €15,410 (-52.3%), from €29,456 to €14,045

    mainly Investment in fixed assets (net) (-€42,420) and Debts after one year (-€22,574)

  • Tangible fixed assets -€3,128

    down €3,128 (-1.8%), from €170,012 to €166,884

    of which Leasing and similar rights: -€7,958

  • Receivables within one year -€2,799

    down €2,799 (-12.8%), from €21,792 to €18,993

    of which Trade receivables: -€9,054

Equity and liabilities
  • Current portion of long-term debt +€31,420

    up €31,420 (+375.4%), from €8,369 to €39,790

  • Debts after one year -€22,574

    down €22,574 (-4.2%), from €534,757 to €512,183

    of which Other amounts payable: -€14,714

  • Profit (loss) carried forward -€21,023

    down €21,023 (-4.6%), from -€459,799 to -€480,822

  • Other debts -€16,653

    no longer reported in 2024 (was €16,653)

  • Trade debts +€15,573

    up €15,573 (+228.9%), from €6,802 to €22,375

Income statement
  • Gross operating margin -€51,580

    down €51,580 (-61.8%), from €83,422 to €31,842

  • Taxes -€14,417

    down €14,417, from €14,399 to -€18

  • Financial charges +€1,904

    up €1,904 (+513.2%), from €371 to €2,275

  • Other operating charges -€1,855

    down €1,855 (-26.8%), from €6,914 to €5,060

  • Depreciation +€1,454

    up €1,454 (+3.3%), from €44,094 to €45,548

From the 2023 result to the 2024 result

effect on the 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 2023 €17,638
Gross operating margin -€51,580
Depreciation -€1,454
Other operating charges +€1,855
Other operating items +€6
Financial charges -€1,904
Taxes +€14,417
Result 2024 -€21,023

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€18,163
Investment -€42,420
Financing +€8,847
Cash 2023 €29,456
Net result for the year -€21,023
Depreciation +€45,548
Receivables within one year +€2,799
Deferred charges and accrued income +€240
Trade debts +€15,573
Tax, wage and social debts -€12,211
Other debts -€16,653
Accrued charges and deferred income +€3,890
Investment in fixed assets (net) -€42,420
Debts after one year -€22,574
Current portion of long-term debt +€31,420
Cash 2024 €14,045
Every line side by side 44 lines
Line Code 2023 2024 Change %
Total assets 20/58 €243,502 €221,924 -€21,577 -8.9%
Fixed assets 21/28 €191,137 €188,009 -€3,128 -1.6%
Tangible fixed assets 22/27 €170,012 €166,884 -€3,128 -1.8%
Land and buildings 22 €117,827 €122,251 +€4,424 +3.8%
Furniture and vehicles 24 €16,582 €16,988 +€406 +2.4%
Leasing and similar rights 25 €27,012 €19,055 -€7,958 -29.5%
Other tangible fixed assets 26 €8,591 €8,591 = 0.0%
Financial fixed assets 28 €21,125 €21,125 = 0.0%
Current assets 29/58 €52,365 €33,915 -€18,449 -35.2%
Amounts receivable within one year 40/41 €21,792 €18,993 -€2,799 -12.8%
Trade receivables 40 €21,792 €12,739 -€9,054 -41.5%
Other amounts receivable 41 - €6,254 +€6,254
Cash at bank and in hand 54/58 €29,456 €14,045 -€15,410 -52.3%
Deferred charges and accrued income 490/1 €1,117 €877 -€240 -21.5%
Total equity and liabilities 10/49 €243,502 €221,924 -€21,577 -8.9%
Equity 10/15 -€352,581 -€373,605 -€21,023 -6.0%
Contributions 10/11 €105,357 €105,357 = 0.0%
Reserves 13 €1,860 €1,860 = 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%
Profit (loss) carried forward 14 -€459,799 -€480,822 -€21,023 -4.6%
Amounts payable 17/49 €596,083 €595,529 -€554 -0.1%
Amounts payable after more than one year 17 €534,757 €512,183 -€22,574 -4.2%
Financial debts 170/4 €11,497 €3,637 -€7,860 -68.4%
Other amounts payable 178/9 €523,259 €508,546 -€14,714 -2.8%
Amounts payable within one year 42/48 €61,326 €79,456 +€18,130 +29.6%
Current portion of amounts payable after more than one year 42 €8,369 €39,790 +€31,420 +375.4%
Trade debts 44 €6,802 €22,375 +€15,573 +228.9%
Suppliers 440/4 €6,802 €22,375 +€15,573 +228.9%
Taxes, remuneration and social security 45 €29,503 €17,292 -€12,211 -41.4%
Taxes 450/3 €29,503 €17,292 -€12,211 -41.4%
Other amounts payable 47/48 €16,653 - -€16,653
Accrued charges and deferred income 492/3 - €3,890 +€3,890
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €44,094 €45,548 +€1,454 +3.3%
Other operating charges 640/8 €6,914 €5,060 -€1,855 -26.8%
Non-recurring operating charges 66A €6 - -€6
Gross operating margin 9900 €83,422 €31,842 -€51,580 -61.8%
Operating profit (loss) 9901 €32,408 -€18,766 -€51,174
Financial charges 65/66B €371 €2,275 +€1,904 +513.2%
Recurring financial charges 65 €371 €2,275 +€1,904 +513.2%
Profit (loss) for the period before taxes 9903 €32,037 -€21,041 -€53,078
Income taxes 67/77 €14,399 -€18 -€14,417
Profit (loss) for the period 9904 €17,638 -€21,023 -€38,662
Profit (loss) for the period to be appropriated 9905 €17,638 -€21,023 -€38,662

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.