Concept-K: 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-K
Largest movements
- Receivables within one year +€49,730
up €49,730 (+593.2%), from €8,384 to €58,113
of which Other amounts receivable: +€41,972
- Tangible fixed assets -€21,945
down €21,945 (-90.6%), from €24,224 to €2,279
of which Furniture and vehicles: -€21,383
- Cash -€6,603
down €6,603 (-74.9%), from €8,811 to €2,208
mainly Receivables within one year (-€49,730) and Deferred charges and accrued income (-€1,934)
- Deferred charges and accrued income +€1,934
up €1,934 (+449.0%), from €431 to €2,365
- Reserves +€13,722
up €13,722 (+49.3%), from €27,818 to €41,541
- Trade debts +€8,038
up €8,038 (+1302.5%), from €617 to €8,655
- Tax, wage and social debts +€1,356
up €1,356 (+18.3%), from €7,414 to €8,769
- Gross operating margin -€6,118
down €6,118 (-19.0%), from €32,207 to €26,089
- Depreciation -€3,193
down €3,193 (-68.3%), from €4,674 to €1,481
- Financial charges +€2,220
up €2,220 (+462.7%), from €480 to €2,700
- Financial income +€1,890
up €1,890 (+18898200.0%), from €0 to €1,890
- Taxes -€1,305
down €1,305 (-16.6%), from €7,874 to €6,569
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 | €41,849 | €64,965 | +€23,116 | +55.2% |
| Fixed assets | 21/28 | €24,224 | €2,279 | -€21,945 | -90.6% |
| Tangible fixed assets | 22/27 | €24,224 | €2,279 | -€21,945 | -90.6% |
| Plant, machinery and equipment | 23 | €819 | €257 | -€562 | -68.6% |
| Furniture and vehicles | 24 | €23,405 | €2,021 | -€21,383 | -91.4% |
| Current assets | 29/58 | €17,625 | €62,686 | +€45,061 | +255.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €8,384 | €58,113 | +€49,730 | +593.2% |
| Trade receivables | 40 | €4,000 | €11,758 | +€7,758 | +193.9% |
| Other amounts receivable | 41 | €4,384 | €46,356 | +€41,972 | +957.4% |
| Cash at bank and in hand | 54/58 | €8,811 | €2,208 | -€6,603 | -74.9% |
| Deferred charges and accrued income | 490/1 | €431 | €2,365 | +€1,934 | +449.0% |
| Total equity and liabilities | 10/49 | €41,849 | €64,965 | +€23,116 | +55.2% |
| Equity | 10/15 | €33,818 | €47,541 | +€13,722 | +40.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €27,818 | €41,541 | +€13,722 | +49.3% |
| Distributable reserves | 133 | €27,818 | €41,541 | +€13,722 | +49.3% |
| Amounts payable | 17/49 | €8,031 | €17,424 | +€9,394 | +117.0% |
| Amounts payable within one year | 42/48 | €8,031 | €17,424 | +€9,394 | +117.0% |
| Trade debts | 44 | €617 | €8,655 | +€8,038 | +1302.5% |
| Suppliers | 440/4 | €617 | €8,655 | +€8,038 | +1302.5% |
| Taxes, remuneration and social security | 45 | €7,414 | €8,769 | +€1,356 | +18.3% |
| Taxes | 450/3 | €7,414 | €8,769 | +€1,356 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,674 | €1,481 | -€3,193 | -68.3% |
| Other operating charges | 640/8 | €2,005 | €1,142 | -€863 | -43.0% |
| Non-recurring operating charges | 66A | - | €2,364 | +€2,364 | |
| Gross operating margin | 9900 | €32,207 | €26,089 | -€6,118 | -19.0% |
| Operating profit (loss) | 9901 | €25,528 | €21,102 | -€4,426 | -17.3% |
| Financial income | 75/76B | €0 | €1,890 | +€1,890 | +18898200.0% |
| Recurring financial income | 75 | €0 | €1,890 | +€1,890 | +18898200.0% |
| Financial charges | 65/66B | €480 | €2,700 | +€2,220 | +462.7% |
| Recurring financial charges | 65 | €480 | €2,700 | +€2,220 | +462.7% |
| Profit (loss) for the period before taxes | 9903 | €25,048 | €20,291 | -€4,757 | -19.0% |
| Income taxes | 67/77 | €7,874 | €6,569 | -€1,305 | -16.6% |
| Profit (loss) for the period | 9904 | €17,174 | €13,722 | -€3,452 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,174 | €13,722 | -€3,452 | -20.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.