CONCEPT BEDENKERS: 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.
CONCEPT BEDENKERS
Largest movements
- Tangible fixed assets -€4,356
down €4,356 (-18.4%), from €23,674 to €19,318
- Deferred charges and accrued income -€975
down €975 (-97.7%), from €998 to €23
- Cash +€505
up €505 (+157%), from €322 to €827
mainly Other debts (+€25,294) and Tax, wage and social debts (+€6,993)
- Profit (loss) carried forward -€37,774
down €37,774 (-36.2%), from -€104,286 to -€142,060
- Other debts +€25,294
up €25,294 (+27.2%), from €93,013 to €118,307
- Tax, wage and social debts +€6,993
up €6,993 (+133%), from €5,242 to €12,235
- Trade debts +€662
up €662 (+3.4%), from €19,299 to €19,961
- Gross operating margin +€161,204
up €161,204 (+92.3%), from -€174,573 to -€13,369
- Other operating charges -€15,165
down €15,165 (-78.2%), from €19,387 to €4,222
- Financial charges +€2,640
up €2,640 (+26.3%), from €10,055 to €12,695
- Financial income -€2,603
down €2,603 (-100%), from €2,603 to €0
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.
Derived cash bridge
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 | €25,669 | €20,843 | -€4,826 | -18.8% |
| Fixed assets | 21/28 | €24,349 | €19,993 | -€4,356 | -17.9% |
| Tangible fixed assets | 22/27 | €23,674 | €19,318 | -€4,356 | -18.4% |
| Other tangible fixed assets | 26 | €23,674 | €19,318 | -€4,356 | -18.4% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €1,320 | €850 | -€470 | -35.6% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €322 | €827 | +€505 | +157% |
| Deferred charges and accrued income | 490/1 | €998 | €23 | -€975 | -97.7% |
| Total equity and liabilities | 10/49 | €25,669 | €20,843 | -€4,826 | -18.8% |
| Equity | 10/15 | -€91,886 | -€129,660 | -€37,774 | -41.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€104,286 | -€142,060 | -€37,774 | -36.2% |
| Amounts payable | 17/49 | €117,555 | €150,503 | +€32,948 | +28.0% |
| Amounts payable within one year | 42/48 | €117,555 | €150,503 | +€32,948 | +28.0% |
| Trade debts | 44 | €19,299 | €19,961 | +€662 | +3.4% |
| Suppliers | 440/4 | €19,299 | €19,961 | +€662 | +3.4% |
| Taxes, remuneration and social security | 45 | €5,242 | €12,235 | +€6,993 | +133% |
| Taxes | 450/3 | €5,242 | €12,235 | +€6,993 | +133% |
| Other amounts payable | 47/48 | €93,013 | €118,307 | +€25,294 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,046 | €4,356 | +€310 | +7.7% |
| Other operating charges | 640/8 | €19,387 | €4,222 | -€15,165 | -78.2% |
| Non-recurring operating charges | 66A | €2,015 | €0 | -€2,015 | -100% |
| Gross operating margin | 9900 | -€174,573 | -€13,369 | +€161,204 | +92.3% |
| Operating profit (loss) | 9901 | -€200,021 | -€21,947 | +€178,074 | +89.0% |
| Financial income | 75/76B | €2,603 | €0 | -€2,603 | -100% |
| Recurring financial income | 75 | €2,603 | €0 | -€2,603 | -100% |
| Financial charges | 65/66B | €10,055 | €12,695 | +€2,640 | +26.3% |
| Recurring financial charges | 65 | €10,055 | €12,695 | +€2,640 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | -€207,472 | -€34,642 | +€172,831 | +83.3% |
| Income taxes | 67/77 | €3,626 | €3,132 | -€494 | -13.6% |
| Profit (loss) for the period | 9904 | -€211,098 | -€37,774 | +€173,324 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€211,098 | -€37,774 | +€173,324 | +82.1% |
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 21 October 2026 via checked.be.