CONCEPT-HOME: 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-HOME
Largest movements
- Cash +€80,158
up €80,158 (+20.6%), from €389,590 to €469,748
mainly Depreciation (+€66,244) and Net result for the year (+€23,860)
- Tangible fixed assets -€50,250
down €50,250 (-15.3%), from €328,982 to €278,733
of which Land and buildings: -€45,378
- Receivables within one year -€15,794
down €15,794 (-44.3%), from €35,630 to €19,837
of which Trade receivables: -€21,375
- Reserves +€24,479
up €24,479 (+4.3%), from €567,604 to €592,083
of which Distributable reserves: +€24,479
- Trade debts -€15,128
down €15,128 (-30.9%), from €48,925 to €33,796
- Debts after one year -€14,984
down €14,984 (-21.6%), from €69,331 to €54,348
- Tax, wage and social debts +€14,602
up €14,602 (+84.8%), from €17,216 to €31,818
of which Taxes: +€9,367
- Gross operating margin -€25,577
down €25,577 (-10.5%), from €242,737 to €217,160
- Taxes -€15,127
down €15,127 (-62.8%), from €24,082 to €8,955
- Staff costs +€14,312
up €14,312 (+13.9%), from €102,985 to €117,297
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 | €757,887 | €769,003 | +€11,116 | +1.5% |
| Formation expenses | 20 | €2,489 | - | -€2,489 | |
| Fixed assets | 21/28 | €329,032 | €278,783 | -€50,250 | -15.3% |
| Tangible fixed assets | 22/27 | €328,982 | €278,733 | -€50,250 | -15.3% |
| Land and buildings | 22 | €303,404 | €258,026 | -€45,378 | -15.0% |
| Plant, machinery and equipment | 23 | €2,954 | €1,250 | -€1,704 | -57.7% |
| Furniture and vehicles | 24 | €22,625 | €19,457 | -€3,168 | -14.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €426,366 | €490,220 | +€63,855 | +15.0% |
| Amounts receivable within one year | 40/41 | €35,630 | €19,837 | -€15,794 | -44.3% |
| Trade receivables | 40 | €27,393 | €6,018 | -€21,375 | -78.0% |
| Other amounts receivable | 41 | €8,238 | €13,819 | +€5,581 | +67.8% |
| Cash at bank and in hand | 54/58 | €389,590 | €469,748 | +€80,158 | +20.6% |
| Deferred charges and accrued income | 490/1 | €1,145 | €636 | -€509 | -44.4% |
| Total equity and liabilities | 10/49 | €757,887 | €769,003 | +€11,116 | +1.5% |
| Equity | 10/15 | €586,204 | €610,683 | +€24,479 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €567,604 | €592,083 | +€24,479 | +4.3% |
| 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 | €565,744 | €590,223 | +€24,479 | +4.3% |
| Amounts payable | 17/49 | €171,683 | €158,320 | -€13,363 | -7.8% |
| Amounts payable after more than one year | 17 | €69,331 | €54,348 | -€14,984 | -21.6% |
| Financial debts | 170/4 | €69,331 | €54,348 | -€14,984 | -21.6% |
| Amounts payable within one year | 42/48 | €95,404 | €97,024 | +€1,621 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €15,176 | €14,984 | -€192 | -1.3% |
| Trade debts | 44 | €48,925 | €33,796 | -€15,128 | -30.9% |
| Suppliers | 440/4 | €48,925 | €33,796 | -€15,128 | -30.9% |
| Taxes, remuneration and social security | 45 | €17,216 | €31,818 | +€14,602 | +84.8% |
| Taxes | 450/3 | €9,749 | €19,116 | +€9,367 | +96.1% |
| Remuneration and social security | 454/9 | €7,467 | €12,702 | +€5,235 | +70.1% |
| Other amounts payable | 47/48 | €14,087 | €16,426 | +€2,339 | +16.6% |
| Accrued charges and deferred income | 492/3 | €6,948 | €6,948 | = | 0.0% |
| Non-recurring operating income | 76A | €890 | €14 | -€876 | -98.4% |
| Remuneration, social security and pensions | 62 | €102,985 | €117,297 | +€14,312 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,784 | €66,244 | +€459 | +0.7% |
| Other operating charges | 640/8 | €628 | €614 | -€15 | -2.3% |
| Gross operating margin | 9900 | €242,737 | €217,160 | -€25,577 | -10.5% |
| Operating profit (loss) | 9901 | €73,339 | €33,005 | -€40,334 | -55.0% |
| Financial income | 75/76B | €1,209 | €1,451 | +€242 | +20.0% |
| Recurring financial income | 75 | €1,209 | €1,451 | +€242 | +20.0% |
| Financial charges | 65/66B | €1,831 | €1,641 | -€190 | -10.4% |
| Recurring financial charges | 65 | €1,831 | €1,641 | -€190 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €72,717 | €32,815 | -€39,902 | -54.9% |
| Income taxes | 67/77 | €24,082 | €8,955 | -€15,127 | -62.8% |
| Profit (loss) for the period | 9904 | €48,635 | €23,860 | -€24,776 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,635 | €23,860 | -€24,776 | -50.9% |
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 22 October 2026 via checked.be.