CONCEPT ELECT: 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 ELECT
Largest movements
- Receivables within one year +€20,152
up €20,152 (+86.7%), from €23,249 to €43,401
of which Trade receivables: +€18,071
- Tangible fixed assets -€10,902
down €10,902 (-50.1%), from €21,772 to €10,870
of which Furniture and vehicles: -€10,554
- Cash -€5,245
down €5,245 (-78.2%), from €6,711 to €1,466
mainly Receivables within one year (-€20,152) and Debts after one year (-€6,810)
- Profit (loss) carried forward +€7,540
up €7,540 (+45.2%), from -€16,686 to -€9,146
- Debts after one year -€6,810
down €6,810 (-32.6%), from €20,888 to €14,078
- Other debts +€3,255
new in 2024: €3,255
- Gross operating margin +€16,591
up €16,591 (+187.8%), from €8,833 to €25,424
- Financial income -€5,152
down €5,152 (-99.8%), from €5,161 to €9
of which Non-recurring financial income: -€4,984
- Taxes +€1,981
up €1,981 (+221.8%), from €893 to €2,874
- Financial charges -€586
down €586 (-26.7%), from €2,198 to €1,612
- Depreciation -€500
down €500 (-4.0%), from €12,508 to €12,008
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,818 | €56,824 | +€4,006 | +7.6% |
| Fixed assets | 21/28 | €21,772 | €10,870 | -€10,902 | -50.1% |
| Tangible fixed assets | 22/27 | €21,772 | €10,870 | -€10,902 | -50.1% |
| Plant, machinery and equipment | 23 | €348 | - | -€348 | |
| Furniture and vehicles | 24 | €21,424 | €10,870 | -€10,554 | -49.3% |
| Current assets | 29/58 | €31,046 | €45,954 | +€14,908 | +48.0% |
| Amounts receivable within one year | 40/41 | €23,249 | €43,401 | +€20,152 | +86.7% |
| Trade receivables | 40 | €11,962 | €30,033 | +€18,071 | +151.1% |
| Other amounts receivable | 41 | €11,287 | €13,368 | +€2,081 | +18.4% |
| Cash at bank and in hand | 54/58 | €6,711 | €1,466 | -€5,245 | -78.2% |
| Deferred charges and accrued income | 490/1 | €1,086 | €1,087 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €52,818 | €56,824 | +€4,006 | +7.6% |
| Equity | 10/15 | €18,891 | €26,431 | +€7,540 | +39.9% |
| Contributions | 10/11 | €1,501 | €1,501 | = | 0.0% |
| Reserves | 13 | €34,076 | €34,076 | = | 0.0% |
| Distributable reserves | 133 | €34,076 | €34,076 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,686 | -€9,146 | +€7,540 | +45.2% |
| Amounts payable | 17/49 | €33,927 | €30,393 | -€3,534 | -10.4% |
| Amounts payable after more than one year | 17 | €20,888 | €14,078 | -€6,810 | -32.6% |
| Financial debts | 170/4 | €20,888 | €14,078 | -€6,810 | -32.6% |
| Amounts payable within one year | 42/48 | €13,039 | €16,315 | +€3,276 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €12,739 | €13,060 | +€321 | +2.5% |
| Taxes, remuneration and social security | 45 | €300 | - | -€300 | |
| Taxes | 450/3 | €300 | - | -€300 | |
| Other amounts payable | 47/48 | - | €3,255 | +€3,255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,508 | €12,008 | -€500 | -4.0% |
| Other operating charges | 640/8 | €1,312 | €1,399 | +€87 | +6.6% |
| Non-recurring operating charges | 66A | €497 | - | -€497 | |
| Gross operating margin | 9900 | €8,833 | €25,424 | +€16,591 | +187.8% |
| Operating profit (loss) | 9901 | -€5,484 | €12,017 | +€17,501 | |
| Financial income | 75/76B | €5,161 | €9 | -€5,152 | -99.8% |
| Recurring financial income | 75 | €177 | €9 | -€168 | -94.9% |
| Non-recurring financial income | 76B | €4,984 | - | -€4,984 | |
| Financial charges | 65/66B | €2,198 | €1,612 | -€586 | -26.7% |
| Recurring financial charges | 65 | €2,198 | €1,612 | -€586 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,521 | €10,414 | +€12,935 | |
| Income taxes | 67/77 | €893 | €2,874 | +€1,981 | +221.8% |
| Profit (loss) for the period | 9904 | -€3,414 | €7,540 | +€10,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,414 | €7,540 | +€10,954 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.