CONCEPT & CO: 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 & CO
Largest movements
- Stocks and contracts -€243,665
down €243,665 (-27.0%), from €902,339 to €658,674
- Cash +€196,628
up €196,628 (+475%), from €41,379 to €238,007
mainly Stocks and contracts (+€243,665) and Net result for the year (+€159,259)
- Tangible fixed assets -€38,985
down €38,985 (-5.7%), from €680,384 to €641,399
of which Land and buildings: -€29,608
- Receivables within one year -€28,332
down €28,332 (-19.0%), from €149,147 to €120,815
of which Trade receivables: -€26,126
- Trade debts -€105,886
down €105,886 (-65.7%), from €161,132 to €55,246
- Reserves +€79,259
up €79,259 (+11.7%), from €677,036 to €756,295
of which Distributable reserves: +€79,259
- Debts after one year -€58,553
down €58,553 (-12.6%), from €464,054 to €405,500
- Other debts -€28,320
down €28,320 (-8.7%), from €324,866 to €296,547
- Gross operating margin -€81,889
down €81,889 (-19.1%), from €429,793 to €347,905
- Staff costs -€20,967
down €20,967 (-24.1%), from €87,094 to €66,126
- Financial charges -€14,783
down €14,783 (-33.5%), from €44,081 to €29,297
- Depreciation -€9,698
down €9,698 (-13.3%), from €72,717 to €63,019
- Taxes -€8,163
down €8,163 (-13.8%), from €59,252 to €51,089
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 | €1,799,761 | €1,675,839 | -€123,922 | -6.9% |
| Fixed assets | 21/28 | €704,384 | €653,399 | -€50,985 | -7.2% |
| Intangible fixed assets | 21 | €24,000 | €12,000 | -€12,000 | -50.0% |
| Tangible fixed assets | 22/27 | €680,384 | €641,399 | -€38,985 | -5.7% |
| Land and buildings | 22 | €591,142 | €561,535 | -€29,608 | -5.0% |
| Plant, machinery and equipment | 23 | €25,645 | €22,610 | -€3,035 | -11.8% |
| Furniture and vehicles | 24 | €4,732 | €6,618 | +€1,886 | +39.8% |
| Leasing and similar rights | 25 | €40,770 | €29,412 | -€11,358 | -27.9% |
| Other tangible fixed assets | 26 | €18,095 | €21,225 | +€3,130 | +17.3% |
| Current assets | 29/58 | €1,095,377 | €1,022,440 | -€72,937 | -6.7% |
| Stocks and contracts in progress | 3 | €902,339 | €658,674 | -€243,665 | -27.0% |
| Stocks | 30/36 | €902,339 | €658,674 | -€243,665 | -27.0% |
| Amounts receivable within one year | 40/41 | €149,147 | €120,815 | -€28,332 | -19.0% |
| Trade receivables | 40 | €146,058 | €119,932 | -€26,126 | -17.9% |
| Other amounts receivable | 41 | €3,089 | €882 | -€2,207 | -71.4% |
| Cash at bank and in hand | 54/58 | €41,379 | €238,007 | +€196,628 | +475% |
| Deferred charges and accrued income | 490/1 | €2,513 | €4,945 | +€2,432 | +96.8% |
| Total equity and liabilities | 10/49 | €1,799,761 | €1,675,839 | -€123,922 | -6.9% |
| Equity | 10/15 | €695,636 | €774,895 | +€79,259 | +11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €677,036 | €756,295 | +€79,259 | +11.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €675,176 | €754,435 | +€79,259 | +11.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,104,125 | €900,944 | -€203,181 | -18.4% |
| Amounts payable after more than one year | 17 | €464,054 | €405,500 | -€58,553 | -12.6% |
| Financial debts | 170/4 | €464,054 | €405,500 | -€58,553 | -12.6% |
| Amounts payable within one year | 42/48 | €639,915 | €495,444 | -€144,471 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €57,095 | €58,553 | +€1,458 | +2.6% |
| Financial debts | 43 | €23,534 | €13,456 | -€10,078 | -42.8% |
| Credit institutions | 430/8 | €23,534 | €13,456 | -€10,078 | -42.8% |
| Trade debts | 44 | €161,132 | €55,246 | -€105,886 | -65.7% |
| Suppliers | 440/4 | €161,132 | €55,246 | -€105,886 | -65.7% |
| Taxes, remuneration and social security | 45 | €73,287 | €71,641 | -€1,646 | -2.2% |
| Taxes | 450/3 | €57,922 | €57,756 | -€166 | -0.3% |
| Remuneration and social security | 454/9 | €15,365 | €13,885 | -€1,480 | -9.6% |
| Other amounts payable | 47/48 | €324,866 | €296,547 | -€28,320 | -8.7% |
| Accrued charges and deferred income | 492/3 | €156 | €0 | -€156 | -100% |
| Remuneration, social security and pensions | 62 | €87,094 | €66,126 | -€20,967 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,717 | €63,019 | -€9,698 | -13.3% |
| Other operating charges | 640/8 | €8,548 | €8,032 | -€516 | -6.0% |
| Gross operating margin | 9900 | €429,793 | €347,905 | -€81,889 | -19.1% |
| Operating profit (loss) | 9901 | €261,435 | €210,727 | -€50,707 | -19.4% |
| Financial income | 75/76B | €26,527 | €28,918 | +€2,391 | +9.0% |
| Recurring financial income | 75 | €26,527 | €28,918 | +€2,391 | +9.0% |
| Financial charges | 65/66B | €44,081 | €29,297 | -€14,783 | -33.5% |
| Recurring financial charges | 65 | €44,081 | €29,297 | -€14,783 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €243,881 | €210,348 | -€33,533 | -13.7% |
| Income taxes | 67/77 | €59,252 | €51,089 | -€8,163 | -13.8% |
| Profit (loss) for the period | 9904 | €184,629 | €159,259 | -€25,370 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €184,629 | €159,259 | -€25,370 | -13.7% |
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 14 October 2026 via checked.be.