CONCEPT ENGINEERING SERVICES: 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 ENGINEERING SERVICES
Largest movements
- Receivables after one year +€30,000
new in 2025: €30,000
- Cash -€19,361
down €19,361 (-96.5%), from €20,070 to €709
mainly Net result for the year (-€83,157) and Receivables after one year (-€30,000)
- Tangible fixed assets -€9,020
down €9,020 (-7.2%), from €125,653 to €116,634
of which Furniture and vehicles: -€5,109
- Receivables within one year -€5,325
down €5,325 (-3.9%), from €135,669 to €130,344
of which Trade receivables: -€31,262
- Profit (loss) carried forward -€83,157
down €83,157, from €26,278 to -€56,879
- Debts after one year +€65,000
up €65,000 (+43.6%), from €149,000 to €214,000
of which Other amounts payable: +€40,000
- Other debts +€17,163
up €17,163 (+20.3%), from €84,516 to €101,679
- Current portion of long-term debt -€4,355
no longer reported in 2025 (was €4,355)
- Other operating charges +€28,211
up €28,211 (+2339.2%), from €1,206 to €29,417
- Gross operating margin -€8,723
down €8,723 (-30.8%), from -€28,287 to -€37,009
- Depreciation -€6,485
down €6,485 (-28.7%), from €22,597 to €16,113
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 | €281,392 | €277,687 | -€3,705 | -1.3% |
| Fixed assets | 21/28 | €125,653 | €116,634 | -€9,020 | -7.2% |
| Tangible fixed assets | 22/27 | €125,653 | €116,634 | -€9,020 | -7.2% |
| Land and buildings | 22 | €59,336 | €54,784 | -€4,551 | -7.7% |
| Plant, machinery and equipment | 23 | €59,004 | €59,645 | +€641 | +1.1% |
| Furniture and vehicles | 24 | €7,313 | €2,204 | -€5,109 | -69.9% |
| Current assets | 29/58 | €155,739 | €161,053 | +€5,315 | +3.4% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €135,669 | €130,344 | -€5,325 | -3.9% |
| Trade receivables | 40 | €128,010 | €96,748 | -€31,262 | -24.4% |
| Other amounts receivable | 41 | €7,659 | €33,596 | +€25,938 | +338.7% |
| Cash at bank and in hand | 54/58 | €20,070 | €709 | -€19,361 | -96.5% |
| Total equity and liabilities | 10/49 | €281,392 | €277,687 | -€3,705 | -1.3% |
| Equity | 10/15 | €35,278 | -€47,879 | -€83,157 | |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,278 | -€56,879 | -€83,157 | |
| Amounts payable | 17/49 | €246,114 | €325,566 | +€79,452 | +32.3% |
| Amounts payable after more than one year | 17 | €149,000 | €214,000 | +€65,000 | +43.6% |
| Financial debts | 170/4 | €149,000 | €174,000 | +€25,000 | +16.8% |
| Other amounts payable | 178/9 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €91,529 | €105,981 | +€14,452 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €4,355 | - | -€4,355 | |
| Trade debts | 44 | €2,016 | €3,649 | +€1,632 | +81.0% |
| Suppliers | 440/4 | €2,016 | €3,649 | +€1,632 | +81.0% |
| Taxes, remuneration and social security | 45 | €642 | €653 | +€11 | +1.7% |
| Taxes | 450/3 | €642 | €653 | +€11 | +1.7% |
| Other amounts payable | 47/48 | €84,516 | €101,679 | +€17,163 | +20.3% |
| Accrued charges and deferred income | 492/3 | €5,585 | €5,585 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,597 | €16,113 | -€6,485 | -28.7% |
| Other operating charges | 640/8 | €1,206 | €29,417 | +€28,211 | +2339.2% |
| Gross operating margin | 9900 | -€28,287 | -€37,009 | -€8,723 | -30.8% |
| Operating profit (loss) | 9901 | -€52,090 | -€82,539 | -€30,448 | -58.5% |
| Financial charges | 65/66B | €508 | €322 | -€187 | -36.7% |
| Recurring financial charges | 65 | €508 | €322 | -€187 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | -€52,599 | -€82,860 | -€30,262 | -57.5% |
| Income taxes | 67/77 | €285 | €297 | +€12 | +4.2% |
| Profit (loss) for the period | 9904 | -€52,884 | -€83,157 | -€30,274 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,884 | -€83,157 | -€30,274 | -57.2% |
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 10 October 2026 via checked.be.