Concar: 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.
Concar
Largest movements
- Intangible fixed assets -€154,507
down €154,507 (-16.3%), from €949,696 to €795,189
- Contributions +€8.0m
up €8.0m (+620.1%), from €1.3m to €9.2m
- Debts after one year -€6.3m
down €6.3m (-95.1%), from €6.6m to €323,174
of which Other amounts payable: -€3.4m
- Profit (loss) carried forward -€904,059
down €904,059 (-10.3%), from -€8.7m to -€9.7m
- Other debts -€601,098
down €601,098 (-58.7%), from €1.0m to €422,693
- Trade debts -€126,646
down €126,646 (-25.0%), from €507,556 to €380,910
- Financial charges -€336,122
down €336,122 (-64.9%), from €517,645 to €181,523
- Gross operating margin +€313,895
up €313,895, from -€50,283 to €263,612
- Depreciation +€60,292
up €60,292 (+14.3%), from €420,214 to €480,506
- Staff costs +€12,445
up €12,445 (+2.4%), from €515,257 to €527,703
- Financial income -€9,217
down €9,217 (-15.0%), from €61,613 to €52,395
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 | €6,746,880 | €6,621,774 | -€125,106 | -1.9% |
| Fixed assets | 21/28 | €6,639,604 | €6,463,477 | -€176,127 | -2.7% |
| Intangible fixed assets | 21 | €949,696 | €795,189 | -€154,507 | -16.3% |
| Tangible fixed assets | 22/27 | €8,988 | €2,728 | -€6,260 | -69.7% |
| Plant, machinery and equipment | 23 | €3,005 | €0 | -€3,005 | -100.0% |
| Furniture and vehicles | 24 | €5,984 | €2,728 | -€3,256 | -54.4% |
| Financial fixed assets | 28 | €5,680,920 | €5,665,560 | -€15,360 | -0.3% |
| Current assets | 29/58 | €107,276 | €158,297 | +€51,021 | +47.6% |
| Amounts receivable within one year | 40/41 | €106,156 | €156,700 | +€50,543 | +47.6% |
| Trade receivables | 40 | €24,457 | €125,717 | +€101,260 | +414.0% |
| Other amounts receivable | 41 | €81,699 | €30,982 | -€50,717 | -62.1% |
| Cash at bank and in hand | 54/58 | €79 | €867 | +€788 | +995.7% |
| Deferred charges and accrued income | 490/1 | €1,041 | €731 | -€310 | -29.8% |
| Total equity and liabilities | 10/49 | €6,746,880 | €6,621,774 | -€125,106 | -1.9% |
| Equity | 10/15 | -€1,768,370 | €5,238,171 | +€7.0m | |
| Contributions | 10/11 | €1,283,649 | €9,243,955 | +€8.0m | +620.1% |
| Capital | 10 | €1,283,649 | €9,243,955 | +€8.0m | +620.1% |
| Issued capital | 100 | €1,283,649 | €9,243,955 | +€8.0m | +620.1% |
| Revaluation surpluses | 12 | €5,595,888 | €5,595,888 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,748,400 | -€9,652,459 | -€904,059 | -10.3% |
| Investment grants | 15 | €100,493 | €50,788 | -€49,705 | -49.5% |
| Amounts payable | 17/49 | €8,515,250 | €1,383,603 | -€7.1m | -83.8% |
| Amounts payable after more than one year | 17 | €6,634,548 | €323,174 | -€6.3m | -95.1% |
| Financial debts | 170/4 | €3,260,277 | €323,174 | -€2.9m | -90.1% |
| Other amounts payable | 178/9 | €3,374,271 | €0 | -€3.4m | -100.0% |
| Amounts payable within one year | 42/48 | €1,877,730 | €1,056,588 | -€821,142 | -43.7% |
| Current portion of amounts payable after more than one year | 42 | €17,298 | €49,447 | +€32,149 | +185.9% |
| Financial debts | 43 | €2,234 | €2,197 | -€36 | -1.6% |
| Credit institutions | 430/8 | €2,234 | €2,197 | -€36 | -1.6% |
| Trade debts | 44 | €507,556 | €380,910 | -€126,646 | -25.0% |
| Suppliers | 440/4 | €507,556 | €380,910 | -€126,646 | -25.0% |
| Taxes, remuneration and social security | 45 | €326,851 | €201,340 | -€125,511 | -38.4% |
| Taxes | 450/3 | €125,121 | €35,460 | -€89,661 | -71.7% |
| Remuneration and social security | 454/9 | €201,731 | €165,880 | -€35,850 | -17.8% |
| Other amounts payable | 47/48 | €1,023,791 | €422,693 | -€601,098 | -58.7% |
| Accrued charges and deferred income | 492/3 | €2,972 | €3,841 | +€869 | +29.2% |
| Remuneration, social security and pensions | 62 | €515,257 | €527,703 | +€12,445 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420,214 | €480,506 | +€60,292 | +14.3% |
| Other operating charges | 640/8 | €27,439 | €30,315 | +€2,876 | +10.5% |
| Gross operating margin | 9900 | -€50,283 | €263,612 | +€313,895 | |
| Operating profit (loss) | 9901 | -€1,013,193 | -€774,912 | +€238,281 | +23.5% |
| Financial income | 75/76B | €61,613 | €52,395 | -€9,217 | -15.0% |
| Recurring financial income | 75 | €61,613 | €52,395 | -€9,217 | -15.0% |
| Financial charges | 65/66B | €517,645 | €181,523 | -€336,122 | -64.9% |
| Recurring financial charges | 65 | €517,645 | €181,523 | -€336,122 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,469,225 | -€904,040 | +€565,185 | +38.5% |
| Income taxes | 67/77 | - | €19 | +€19 | |
| Profit (loss) for the period | 9904 | -€1,469,225 | -€904,059 | +€565,166 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,469,225 | -€904,059 | +€565,166 | +38.5% |
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 10 October 2026 via checked.be.