CONCEALT: 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.
CONCEALT
Largest movements
- Cash -€37,167
down €37,167 (-68.6%), from €54,176 to €17,009
mainly Trade debts (-€74,223) and Tax, wage and social debts (-€7,793)
- Receivables within one year -€36,326
down €36,326 (-14.8%), from €245,010 to €208,683
- Trade debts -€74,223
down €74,223 (-29.2%), from €253,786 to €179,563
- Profit (loss) carried forward +€8,575
up €8,575 (+130.1%), from €6,594 to €15,169
- Tax, wage and social debts -€7,793
down €7,793 (-29.4%), from €26,516 to €18,723
- Gross operating margin -€2,363
down €2,363 (-16.0%), from €14,726 to €12,364
- Taxes +€1,416
up €1,416 (+78.8%), from €1,796 to €3,212
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 | €301,911 | €228,471 | -€73,440 | -24.3% |
| Fixed assets | 21/28 | €958 | €958 | = | 0.0% |
| Financial fixed assets | 28 | €958 | €958 | = | 0.0% |
| Current assets | 29/58 | €300,953 | €227,513 | -€73,440 | -24.4% |
| Amounts receivable within one year | 40/41 | €245,010 | €208,683 | -€36,326 | -14.8% |
| Trade receivables | 40 | €245,010 | €208,683 | -€36,326 | -14.8% |
| Cash at bank and in hand | 54/58 | €54,176 | €17,009 | -€37,167 | -68.6% |
| Deferred charges and accrued income | 490/1 | €1,768 | €1,821 | +€52 | +3.0% |
| Total equity and liabilities | 10/49 | €301,911 | €228,471 | -€73,440 | -24.3% |
| Equity | 10/15 | €21,594 | €30,169 | +€8,575 | +39.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,594 | €15,169 | +€8,575 | +130.1% |
| Amounts payable | 17/49 | €280,318 | €198,302 | -€82,016 | -29.3% |
| Amounts payable within one year | 42/48 | €280,318 | €198,302 | -€82,016 | -29.3% |
| Trade debts | 44 | €253,786 | €179,563 | -€74,223 | -29.2% |
| Suppliers | 440/4 | €253,786 | €179,563 | -€74,223 | -29.2% |
| Taxes, remuneration and social security | 45 | €26,516 | €18,723 | -€7,793 | -29.4% |
| Taxes | 450/3 | €26,516 | €18,723 | -€7,793 | -29.4% |
| Other amounts payable | 47/48 | €16 | €16 | = | 0.0% |
| Other operating charges | 640/8 | €469 | €472 | +€3 | +0.7% |
| Gross operating margin | 9900 | €14,726 | €12,364 | -€2,363 | -16.0% |
| Operating profit (loss) | 9901 | €14,257 | €11,891 | -€2,366 | -16.6% |
| Financial charges | 65/66B | €139 | €104 | -€35 | -25.1% |
| Recurring financial charges | 65 | €139 | €104 | -€35 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €14,118 | €11,787 | -€2,331 | -16.5% |
| Income taxes | 67/77 | €1,796 | €3,212 | +€1,416 | +78.8% |
| Profit (loss) for the period | 9904 | €12,322 | €8,575 | -€3,747 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,322 | €8,575 | -€3,747 | -30.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.