CONCENTIVE: 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.
CONCENTIVE
Largest movements
- Cash +€73,301
up €73,301 (+57.0%), from €128,689 to €201,990
mainly Net result for the year (+€79,326) and Deferred charges and accrued income (+€26,134)
- Deferred charges and accrued income -€26,134
down €26,134 (-52.1%), from €50,202 to €24,069
- Reserves +€78,493
up €78,493 (+54.3%), from €144,680 to €223,174
- Tax, wage and social debts -€12,623
down €12,623 (-69.6%), from €18,137 to €5,514
of which Taxes: -€12,623
- Debts after one year -€10,148
down €10,148 (-5.7%), from €178,612 to €168,464
- Trade debts -€5,557
down €5,557 (-64.3%), from €8,637 to €3,080
- Gross operating margin -€21,080
down €21,080 (-14.2%), from €148,817 to €127,738
- Depreciation -€10,370
down €10,370 (-36.4%), from €28,515 to €18,145
- Financial charges +€5,351
up €5,351 (+165.6%), from €3,231 to €8,583
- Taxes -€4,316
down €4,316 (-16.5%), from €26,221 to €21,905
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 | €368,161 | €419,115 | +€50,954 | +13.8% |
| Fixed assets | 21/28 | €170,284 | €170,189 | -€95 | -0.1% |
| Tangible fixed assets | 22/27 | €170,284 | €170,189 | -€95 | -0.1% |
| Land and buildings | 22 | €154,055 | €158,249 | +€4,194 | +2.7% |
| Furniture and vehicles | 24 | €3,205 | €1,539 | -€1,667 | -52.0% |
| Other tangible fixed assets | 26 | €13,023 | €10,401 | -€2,622 | -20.1% |
| Current assets | 29/58 | €197,877 | €248,926 | +€51,049 | +25.8% |
| Amounts receivable within one year | 40/41 | €18,987 | €22,868 | +€3,882 | +20.4% |
| Trade receivables | 40 | €18,987 | €22,168 | +€3,182 | +16.8% |
| Other amounts receivable | 41 | €0 | €700 | +€700 | |
| Cash at bank and in hand | 54/58 | €128,689 | €201,990 | +€73,301 | +57.0% |
| Deferred charges and accrued income | 490/1 | €50,202 | €24,069 | -€26,134 | -52.1% |
| Total equity and liabilities | 10/49 | €368,161 | €419,115 | +€50,954 | +13.8% |
| Equity | 10/15 | €149,680 | €228,174 | +€78,493 | +52.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €144,680 | €223,174 | +€78,493 | +54.3% |
| Distributable reserves | 133 | €144,680 | €223,174 | +€78,493 | +54.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €218,481 | €190,941 | -€27,539 | -12.6% |
| Amounts payable after more than one year | 17 | €178,612 | €168,464 | -€10,148 | -5.7% |
| Financial debts | 170/4 | €178,612 | €168,464 | -€10,148 | -5.7% |
| Amounts payable within one year | 42/48 | €39,868 | €22,477 | -€17,391 | -43.6% |
| Current portion of amounts payable after more than one year | 42 | €9,790 | €10,148 | +€358 | +3.7% |
| Financial debts | 43 | - | €14 | +€14 | |
| Credit institutions | 430/8 | - | €14 | +€14 | |
| Trade debts | 44 | €8,637 | €3,080 | -€5,557 | -64.3% |
| Suppliers | 440/4 | €8,637 | €3,080 | -€5,557 | -64.3% |
| Taxes, remuneration and social security | 45 | €18,137 | €5,514 | -€12,623 | -69.6% |
| Taxes | 450/3 | €18,137 | €5,514 | -€12,623 | -69.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,304 | €3,721 | +€417 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,515 | €18,145 | -€10,370 | -36.4% |
| Other operating charges | 640/8 | €194 | €135 | -€59 | -30.3% |
| Gross operating margin | 9900 | €148,817 | €127,738 | -€21,080 | -14.2% |
| Operating profit (loss) | 9901 | €120,109 | €109,457 | -€10,651 | -8.9% |
| Financial income | 75/76B | €0 | €357 | +€357 | |
| Recurring financial income | 75 | €0 | €357 | +€357 | |
| Financial charges | 65/66B | €3,231 | €8,583 | +€5,351 | +165.6% |
| Recurring financial charges | 65 | €3,231 | €8,583 | +€5,351 | +165.6% |
| Profit (loss) for the period before taxes | 9903 | €116,877 | €101,231 | -€15,646 | -13.4% |
| Income taxes | 67/77 | €26,221 | €21,905 | -€4,316 | -16.5% |
| Profit (loss) for the period | 9904 | €90,656 | €79,326 | -€11,330 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €90,656 | €79,326 | -€11,330 | -12.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.