CONCEPT EMPTIUM: 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.
CONCEPT EMPTIUM
Largest movements
- Receivables within one year +€27,064
up €27,064 (+161.1%), from €16,800 to €43,863
of which Trade receivables: +€17,962
- Tangible fixed assets -€9,840
down €9,840 (-3.7%), from €268,521 to €258,681
of which Land and buildings: -€8,873
- Cash +€9,185
up €9,185 (+11.1%), from €82,792 to €91,977
mainly Other debts (+€87,637) and Net result for the year (+€59,451)
- Other debts +€87,637
up €87,637 (+572.8%), from €15,300 to €102,937
- Reserves -€55,945
down €55,945 (-29.2%), from €191,446 to €135,501
of which Distributable reserves: -€55,945
- Debts after one year -€16,565
down €16,565 (-14.0%), from €118,340 to €101,775
- Tax, wage and social debts +€9,572
up €9,572 (+64.1%), from €14,935 to €24,507
- Gross operating margin +€17,899
up €17,899 (+22.7%), from €78,769 to €96,668
- Taxes +€17,532
up €17,532 (+308.1%), from €5,690 to €23,223
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.
Cash bridge derived
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 | €370,337 | €395,259 | +€24,922 | +6.7% |
| Fixed assets | 21/28 | €268,884 | €259,044 | -€9,840 | -3.7% |
| Tangible fixed assets | 22/27 | €268,521 | €258,681 | -€9,840 | -3.7% |
| Land and buildings | 22 | €266,087 | €257,215 | -€8,873 | -3.3% |
| Furniture and vehicles | 24 | €2,434 | €1,466 | -€968 | -39.8% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €101,453 | €136,215 | +€34,762 | +34.3% |
| Amounts receivable within one year | 40/41 | €16,800 | €43,863 | +€27,064 | +161.1% |
| Trade receivables | 40 | €820 | €18,782 | +€17,962 | +2189.5% |
| Other amounts receivable | 41 | €15,979 | €25,081 | +€9,102 | +57.0% |
| Cash at bank and in hand | 54/58 | €82,792 | €91,977 | +€9,185 | +11.1% |
| Deferred charges and accrued income | 490/1 | €1,861 | €374 | -€1,486 | -79.9% |
| Total equity and liabilities | 10/49 | €370,337 | €395,259 | +€24,922 | +6.7% |
| Equity | 10/15 | €198,446 | €142,501 | -€55,945 | -28.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €191,446 | €135,501 | -€55,945 | -29.2% |
| Non-distributable reserves | 130/1 | €700 | €700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €700 | €700 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €190,746 | €134,801 | -€55,945 | -29.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €171,891 | €252,758 | +€80,867 | +47.0% |
| Amounts payable after more than one year | 17 | €118,340 | €101,775 | -€16,565 | -14.0% |
| Financial debts | 170/4 | €118,340 | €101,775 | -€16,565 | -14.0% |
| Amounts payable within one year | 42/48 | €53,551 | €150,983 | +€97,432 | +181.9% |
| Current portion of amounts payable after more than one year | 42 | €16,245 | €16,565 | +€320 | +2.0% |
| Financial debts | 43 | €6,667 | €6,667 | = | 0.0% |
| Credit institutions | 430/8 | €6,667 | €6,667 | = | 0.0% |
| Trade debts | 44 | €404 | €308 | -€97 | -23.9% |
| Suppliers | 440/4 | €404 | €308 | -€97 | -23.9% |
| Taxes, remuneration and social security | 45 | €14,935 | €24,507 | +€9,572 | +64.1% |
| Taxes | 450/3 | €14,935 | €24,507 | +€9,572 | +64.1% |
| Other amounts payable | 47/48 | €15,300 | €102,937 | +€87,637 | +572.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,303 | €9,840 | +€537 | +5.8% |
| Other operating charges | 640/8 | €2,058 | €2,014 | -€44 | -2.1% |
| Gross operating margin | 9900 | €78,769 | €96,668 | +€17,899 | +22.7% |
| Operating profit (loss) | 9901 | €67,407 | €84,814 | +€17,406 | +25.8% |
| Financial income | 75/76B | €396 | €1,090 | +€695 | +175.7% |
| Recurring financial income | 75 | €396 | €1,090 | +€695 | +175.7% |
| Financial charges | 65/66B | €3,624 | €3,230 | -€393 | -10.9% |
| Recurring financial charges | 65 | €3,624 | €3,230 | -€393 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €64,179 | €82,674 | +€18,494 | +28.8% |
| Income taxes | 67/77 | €5,690 | €23,223 | +€17,532 | +308.1% |
| Profit (loss) for the period | 9904 | €58,489 | €59,451 | +€962 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €58,489 | €59,451 | +€962 | +1.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.