Concept-LAB: 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-LAB
Largest movements
- Intangible fixed assets -€18,000
down €18,000 (-11.1%), from €161,951 to €143,951
- Receivables within one year +€14,456
up €14,456 (+51.7%), from €27,985 to €42,440
of which Trade receivables: +€15,750
- Deferred charges and accrued income -€10,000
no longer reported in 2025 (was €10,000)
- Cash +€7,329
up €7,329 (+170%), from €4,313 to €11,641
mainly Depreciation (+€24,282) and Net result for the year (+€20,332)
- Debts after one year -€23,598
down €23,598 (-17.5%), from €134,862 to €111,264
- Reserves +€18,435
new in 2025: €18,435
- Other debts +€10,349
up €10,349 (+147%), from €7,058 to €17,407
- Trade debts -€8,698
down €8,698 (-19.8%), from €43,942 to €35,244
- Tax, wage and social debts -€5,114
down €5,114 (-42.8%), from €11,958 to €6,844
of which Remuneration and social security: -€3,500
- Gross operating margin +€32,922
up €32,922 (+106%), from €31,183 to €64,105
- Taxes +€9,714
new in 2025: €9,714
- Financial charges +€1,736
up €1,736 (+23.2%), from €7,474 to €9,210
- Depreciation -€716
down €716 (-2.9%), from €24,997 to €24,282
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 | €223,616 | €217,792 | -€5,824 | -2.6% |
| Formation expenses | 20 | €50 | - | -€50 | |
| Fixed assets | 21/28 | €181,269 | €163,711 | -€17,558 | -9.7% |
| Intangible fixed assets | 21 | €161,951 | €143,951 | -€18,000 | -11.1% |
| Tangible fixed assets | 22/27 | €19,318 | €19,760 | +€442 | +2.3% |
| Furniture and vehicles | 24 | €19,318 | €19,760 | +€442 | +2.3% |
| Current assets | 29/58 | €42,297 | €54,082 | +€11,785 | +27.9% |
| Amounts receivable within one year | 40/41 | €27,985 | €42,440 | +€14,456 | +51.7% |
| Trade receivables | 40 | €17,985 | €33,735 | +€15,750 | +87.6% |
| Other amounts receivable | 41 | €10,000 | €8,706 | -€1,294 | -12.9% |
| Cash at bank and in hand | 54/58 | €4,313 | €11,641 | +€7,329 | +170% |
| Deferred charges and accrued income | 490/1 | €10,000 | - | -€10,000 | |
| Total equity and liabilities | 10/49 | €223,616 | €217,792 | -€5,824 | -2.6% |
| Equity | 10/15 | €3,104 | €23,435 | +€20,332 | +655% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €18,435 | +€18,435 | |
| Distributable reserves | 133 | - | €18,435 | +€18,435 | |
| Profit (loss) carried forward | 14 | -€1,896 | - | +€1,896 | |
| Amounts payable | 17/49 | €220,512 | €194,357 | -€26,155 | -11.9% |
| Amounts payable after more than one year | 17 | €134,862 | €111,264 | -€23,598 | -17.5% |
| Financial debts | 170/4 | €134,862 | €111,264 | -€23,598 | -17.5% |
| Amounts payable within one year | 42/48 | €85,650 | €83,093 | -€2,557 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €22,692 | €23,598 | +€906 | +4.0% |
| Trade debts | 44 | €43,942 | €35,244 | -€8,698 | -19.8% |
| Suppliers | 440/4 | €43,942 | €35,244 | -€8,698 | -19.8% |
| Taxes, remuneration and social security | 45 | €11,958 | €6,844 | -€5,114 | -42.8% |
| Taxes | 450/3 | €8,458 | €6,844 | -€1,614 | -19.1% |
| Remuneration and social security | 454/9 | €3,500 | - | -€3,500 | |
| Other amounts payable | 47/48 | €7,058 | €17,407 | +€10,349 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,997 | €24,282 | -€716 | -2.9% |
| Other operating charges | 640/8 | €608 | €568 | -€41 | -6.7% |
| Gross operating margin | 9900 | €31,183 | €64,105 | +€32,922 | +106% |
| Operating profit (loss) | 9901 | €5,577 | €39,256 | +€33,678 | +604% |
| Financial charges | 65/66B | €7,474 | €9,210 | +€1,736 | +23.2% |
| Recurring financial charges | 65 | €7,474 | €9,210 | +€1,736 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,896 | €30,046 | +€31,942 | |
| Income taxes | 67/77 | - | €9,714 | +€9,714 | |
| Profit (loss) for the period | 9904 | -€1,896 | €20,332 | +€22,228 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,896 | €20,332 | +€22,228 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.