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CONCEPT.2F: 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

CONCEPT.2F

BE 0863.882.394
NACE 71.122, Land surveying
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1,612
2023 · -€2,379+€3,990
Equity
-€10,806
2023 · -€12,418+€1,612
Cash
€4,109
2023 · €5,793-€1,685
Balance sheet total
€7,857
2023 · €12,833-€4,976

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€2,886

    down €2,886 (-49.6%), from €5,823 to €2,937

    of which Trade receivables: -€3,162

  • Cash -€1,685

    down €1,685 (-29.1%), from €5,793 to €4,109

    mainly Advances received (-€5,793) and Other debts (-€1,013)

  • Tangible fixed assets -€429

    down €429 (-54.1%), from €793 to €364

Equity and liabilities
  • Advances received -€5,793

    no longer reported in 2024 (was €5,793)

  • Profit (loss) carried forward +€1,612

    up €1,612 (+4.9%), from -€32,878 to -€31,266

  • Other debts -€1,013

    down €1,013 (-7.5%), from €13,503 to €12,489

  • Accrued charges and deferred income -€864

    down €864 (-16.0%), from €5,391 to €4,527

  • Tax, wage and social debts +€671

    up €671 (+119.1%), from €564 to €1,235

Income statement
  • Gross operating margin +€4,450

    up €4,450, from -€895 to €3,555

  • Taxes +€339

    new in 2024: €339

  • Other operating charges +€221

    up €221 (+26.1%), from €846 to €1,066

  • Depreciation -€122

    down €122 (-22.1%), from €551 to €429

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 -€2,379
Gross operating margin +€4,450
Depreciation +€122
Other operating charges -€221
Financial income +€1
Financial charges -€23
Taxes -€339
Result 2024 €1,612

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 -€1,685
Investment €0
Financing €0
Cash 2023 €5,793
Net result for the year +€1,612
Depreciation +€429
Receivables within one year +€2,886
Deferred charges and accrued income -€24
Trade debts +€412
Tax, wage and social debts +€671
Advances received -€5,793
Other debts -€1,013
Accrued charges and deferred income -€864
Cash 2024 €4,109
Every line side by side 37 lines
Line Code 2023 2024 Change %
Total assets 20/58 €12,833 €7,857 -€4,976 -38.8%
Fixed assets 21/28 €793 €364 -€429 -54.1%
Tangible fixed assets 22/27 €793 €364 -€429 -54.1%
Furniture and vehicles 24 €793 €364 -€429 -54.1%
Current assets 29/58 €12,040 €7,493 -€4,547 -37.8%
Amounts receivable within one year 40/41 €5,823 €2,937 -€2,886 -49.6%
Trade receivables 40 €5,811 €2,649 -€3,162 -54.4%
Other amounts receivable 41 €12 €288 +€276 +2231.9%
Cash at bank and in hand 54/58 €5,793 €4,109 -€1,685 -29.1%
Deferred charges and accrued income 490/1 €423 €447 +€24 +5.6%
Total equity and liabilities 10/49 €12,833 €7,857 -€4,976 -38.8%
Equity 10/15 -€12,418 -€10,806 +€1,612 +13.0%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 -€32,878 -€31,266 +€1,612 +4.9%
Amounts payable 17/49 €25,251 €18,663 -€6,588 -26.1%
Amounts payable within one year 42/48 €19,860 €14,136 -€5,724 -28.8%
Trade debts 44 - €412 +€412
Suppliers 440/4 - €412 +€412
Advances received on contracts in progress 46 €5,793 - -€5,793
Taxes, remuneration and social security 45 €564 €1,235 +€671 +119.1%
Taxes 450/3 €564 €1,235 +€671 +119.1%
Other amounts payable 47/48 €13,503 €12,489 -€1,013 -7.5%
Accrued charges and deferred income 492/3 €5,391 €4,527 -€864 -16.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €551 €429 -€122 -22.1%
Other operating charges 640/8 €846 €1,066 +€221 +26.1%
Gross operating margin 9900 -€895 €3,555 +€4,450
Operating profit (loss) 9901 -€2,292 €2,060 +€4,351
Financial income 75/76B €0 €1 +€1 +620.0%
Recurring financial income 75 €0 €1 +€1 +620.0%
Financial charges 65/66B €87 €110 +€23 +26.4%
Recurring financial charges 65 €87 €110 +€23 +26.4%
Profit (loss) for the period before taxes 9903 -€2,379 €1,950 +€4,329
Income taxes 67/77 - €339 +€339
Profit (loss) for the period 9904 -€2,379 €1,612 +€3,990
Profit (loss) for the period to be appropriated 9905 -€2,379 €1,612 +€3,990

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 30 September 2026 via checked.be.