Concept Factory: 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 Factory
Largest movements
- Receivables within one year +€55,727
up €55,727 (+25.5%), from €218,492 to €274,218
of which Trade receivables: +€55,207
- Cash +€42,562
up €42,562 (+676%), from €6,291 to €48,853
mainly Net result for the year (+€352,905) and Accrued charges and deferred income (+€55,427)
- Deferred charges and accrued income +€22,710
up €22,710 (+153%), from €14,820 to €37,530
- Tangible fixed assets -€18,957
down €18,957 (-19.4%), from €97,663 to €78,706
of which Plant, machinery and equipment: -€14,201
- Profit (loss) carried forward +€352,905
up €352,905 (+59.0%), from -€597,841 to -€244,937
- Other debts -€286,287
down €286,287 (-60.7%), from €471,300 to €185,013
- Accrued charges and deferred income +€55,427
new in 2026: €55,427
- Trade debts -€19,112
down €19,112 (-6.6%), from €288,228 to €269,116
- Tax, wage and social debts +€16,219
up €16,219 (+18.4%), from €88,140 to €104,359
of which Taxes: +€22,216
- Financial income +€437,007
up €437,007 (+594,325%), from €74 to €437,081
of which Non-recurring financial income: +€434,558
- Staff costs -€172,870
down €172,870 (-49.3%), from €350,479 to €177,609
- Gross operating margin -€40,129
down €40,129 (-25.2%), from €159,309 to €119,180
- Depreciation -€30,745
down €30,745 (-61.9%), from €49,702 to €18,957
- Other operating charges -€2,107
down €2,107 (-34.8%), from €6,060 to €3,954
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €337,266 | €442,607 | +€105,341 | +31.2% |
| Fixed assets | 21/28 | €97,663 | €82,006 | -€15,657 | -16.0% |
| Tangible fixed assets | 22/27 | €97,663 | €78,706 | -€18,957 | -19.4% |
| Plant, machinery and equipment | 23 | €78,913 | €64,712 | -€14,201 | -18.0% |
| Furniture and vehicles | 24 | €9,000 | €4,794 | -€4,206 | -46.7% |
| Other tangible fixed assets | 26 | €9,749 | €9,200 | -€549 | -5.6% |
| Financial fixed assets | 28 | - | €3,300 | +€3,300 | |
| Current assets | 29/58 | €239,603 | €360,601 | +€120,998 | +50.5% |
| Amounts receivable within one year | 40/41 | €218,492 | €274,218 | +€55,727 | +25.5% |
| Trade receivables | 40 | €213,044 | €268,251 | +€55,207 | +25.9% |
| Other amounts receivable | 41 | €5,448 | €5,968 | +€520 | +9.5% |
| Cash at bank and in hand | 54/58 | €6,291 | €48,853 | +€42,562 | +676% |
| Deferred charges and accrued income | 490/1 | €14,820 | €37,530 | +€22,710 | +153% |
| Total equity and liabilities | 10/49 | €337,266 | €442,607 | +€105,341 | +31.2% |
| Equity | 10/15 | -€594,841 | -€241,937 | +€352,905 | +59.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€597,841 | -€244,937 | +€352,905 | +59.0% |
| Amounts payable | 17/49 | €932,107 | €684,543 | -€247,564 | -26.6% |
| Amounts payable after more than one year | 17 | €56,700 | €45,466 | -€11,234 | -19.8% |
| Financial debts | 170/4 | €56,700 | €45,466 | -€11,234 | -19.8% |
| Amounts payable within one year | 42/48 | €875,407 | €583,651 | -€291,757 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €27,741 | €25,163 | -€2,577 | -9.3% |
| Trade debts | 44 | €288,228 | €269,116 | -€19,112 | -6.6% |
| Suppliers | 440/4 | €288,228 | €269,116 | -€19,112 | -6.6% |
| Taxes, remuneration and social security | 45 | €88,140 | €104,359 | +€16,219 | +18.4% |
| Taxes | 450/3 | €53,997 | €76,212 | +€22,216 | +41.1% |
| Remuneration and social security | 454/9 | €34,143 | €28,146 | -€5,996 | -17.6% |
| Other amounts payable | 47/48 | €471,300 | €185,013 | -€286,287 | -60.7% |
| Accrued charges and deferred income | 492/3 | - | €55,427 | +€55,427 | |
| Remuneration, social security and pensions | 62 | €350,479 | €177,609 | -€172,870 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,702 | €18,957 | -€30,745 | -61.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €220 | +€220 | |
| Other operating charges | 640/8 | €6,060 | €3,954 | -€2,107 | -34.8% |
| Gross operating margin | 9900 | €159,309 | €119,180 | -€40,129 | -25.2% |
| Operating profit (loss) | 9901 | -€246,932 | -€81,559 | +€165,373 | +67.0% |
| Financial income | 75/76B | €74 | €437,081 | +€437,007 | +594,325% |
| Recurring financial income | 75 | €74 | €2,523 | +€2,450 | +3,332% |
| Non-recurring financial income | 76B | - | €434,558 | +€434,558 | |
| Financial charges | 65/66B | €4,453 | €2,617 | -€1,836 | -41.2% |
| Recurring financial charges | 65 | €4,453 | €2,617 | -€1,836 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | -€251,312 | €352,905 | +€604,217 | |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€251,314 | €352,905 | +€604,218 | |
| Profit (loss) for the period to be appropriated | 9905 | -€251,314 | €352,905 | +€604,218 |
Source: filed annual accounts (NBB), financial years ended 31 December 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.