CONCEPT 7/24: what changed
CONCEPT 7/24
Largest movements
- Tangible fixed assets -€10,483
down €10,483 (-41.1%), from €25,489 to €15,006
of which Plant, machinery and equipment: -€6,171
- Receivables within one year +€7,765
up €7,765 (+191%), from €4,072 to €11,837
of which Trade receivables: +€6,516
- Cash -€4,710
down €4,710 (-73.5%), from €6,410 to €1,700
mainly Other debts (-€24,585) and Receivables within one year (-€7,765)
- Other debts -€24,585
down €24,585 (-99.8%), from €24,623 to €38
- Trade debts +€19,727
up €19,727 (+15,080%), from €131 to €19,858
- Tax, wage and social debts -€6,759
down €6,759 (-72.3%), from €9,354 to €2,595
of which Remuneration and social security: -€8,500
- Profit (loss) carried forward +€4,379
up €4,379 (+235%), from €1,863 to €6,242
- Depreciation -€3,199
down €3,199 (-23.4%), from €13,682 to €10,483
- Taxes +€870
up €870 (+102%), from €854 to €1,725
- Gross operating margin -€718
down €718 (-4.1%), from €17,705 to €16,987
- Other operating charges -€450
down €450 (-57.3%), from €786 to €336
- Staff costs -€399
no longer reported in 2025 (was €399)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,971 | €28,733 | -€7,238 | -20.1% |
| Fixed assets | 21/28 | €25,489 | €15,196 | -€10,293 | -40.4% |
| Tangible fixed assets | 22/27 | €25,489 | €15,006 | -€10,483 | -41.1% |
| Plant, machinery and equipment | 23 | €13,615 | €7,445 | -€6,171 | -45.3% |
| Furniture and vehicles | 24 | €11,874 | €7,562 | -€4,313 | -36.3% |
| Financial fixed assets | 28 | - | €190 | +€190 | |
| Current assets | 29/58 | €10,482 | €13,537 | +€3,055 | +29.1% |
| Amounts receivable within one year | 40/41 | €4,072 | €11,837 | +€7,765 | +191% |
| Trade receivables | 40 | - | €6,516 | +€6,516 | |
| Other amounts receivable | 41 | €4,072 | €5,321 | +€1,249 | +30.7% |
| Cash at bank and in hand | 54/58 | €6,410 | €1,700 | -€4,710 | -73.5% |
| Total equity and liabilities | 10/49 | €35,971 | €28,733 | -€7,238 | -20.1% |
| Equity | 10/15 | €1,863 | €6,242 | +€4,379 | +235% |
| Profit (loss) carried forward | 14 | €1,863 | €6,242 | +€4,379 | +235% |
| Amounts payable | 17/49 | €34,108 | €22,491 | -€11,617 | -34.1% |
| Amounts payable within one year | 42/48 | €34,108 | €22,491 | -€11,617 | -34.1% |
| Trade debts | 44 | €131 | €19,858 | +€19,727 | +15,080% |
| Suppliers | 440/4 | €131 | €19,858 | +€19,727 | +15,080% |
| Taxes, remuneration and social security | 45 | €9,354 | €2,595 | -€6,759 | -72.3% |
| Taxes | 450/3 | €854 | €2,595 | +€1,741 | +204% |
| Remuneration and social security | 454/9 | €8,500 | - | -€8,500 | |
| Other amounts payable | 47/48 | €24,623 | €38 | -€24,585 | -99.8% |
| Remuneration, social security and pensions | 62 | €399 | - | -€399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,682 | €10,483 | -€3,199 | -23.4% |
| Other operating charges | 640/8 | €786 | €336 | -€450 | -57.3% |
| Gross operating margin | 9900 | €17,705 | €16,987 | -€718 | -4.1% |
| Operating profit (loss) | 9901 | €2,837 | €6,168 | +€3,330 | +117% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €122 | €65 | -€58 | -47.2% |
| Recurring financial charges | 65 | €122 | €65 | -€58 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €2,717 | €6,103 | +€3,386 | +125% |
| Income taxes | 67/77 | €854 | €1,725 | +€870 | +102% |
| Profit (loss) for the period | 9904 | €1,863 | €4,379 | +€2,516 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €1,863 | €4,379 | +€2,516 | +135% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.