CONCEPT M & H: 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 M & H
Largest movements
- Receivables within one year +€41,068
up €41,068 (+26.8%), from €153,000 to €194,068
of which Trade receivables: +€33,603
- Tangible fixed assets -€32,972
down €32,972 (-37.3%), from €88,412 to €55,440
of which Leasing and similar rights: -€24,609
- Cash -€17,049
down €17,049 (-27.8%), from €61,250 to €44,201
mainly Receivables within one year (-€41,068) and Debts after one year (-€16,085)
- Deferred charges and accrued income +€14,300
up €14,300 (+95.0%), from €15,057 to €29,357
- Debts after one year -€16,085
down €16,085 (-26.7%), from €60,255 to €44,170
- Other debts +€14,100
up €14,100 (+378%), from €3,728 to €17,828
- Trade debts +€10,253
up €10,253 (+12.0%), from €85,490 to €95,743
- Gross operating margin -€80,971
down €80,971 (-37.1%), from €218,237 to €137,266
- Turnover -€53,665
down €53,665 (-11.1%), from €485,015 to €431,351
- Staff costs -€19,332
down €19,332 (-21.7%), from €88,940 to €69,608
- Depreciation -€17,508
down €17,508 (-34.1%), from €51,366 to €33,858
- Purchases and services -€15,764
down €15,764 (-4.6%), from €341,343 to €325,579
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €338,547 | €343,894 | +€5,347 | +1.6% |
| Fixed assets | 21/28 | €89,240 | €56,268 | -€32,972 | -36.9% |
| Tangible fixed assets | 22/27 | €88,412 | €55,440 | -€32,972 | -37.3% |
| Plant, machinery and equipment | 23 | €500 | €500 | = | 0.0% |
| Furniture and vehicles | 24 | €22,341 | €15,152 | -€7,189 | -32.2% |
| Leasing and similar rights | 25 | €58,923 | €34,313 | -€24,609 | -41.8% |
| Other tangible fixed assets | 26 | €6,649 | €5,475 | -€1,174 | -17.7% |
| Financial fixed assets | 28 | €828 | €828 | = | 0.0% |
| Current assets | 29/58 | €249,307 | €287,626 | +€38,319 | +15.4% |
| Stocks and contracts in progress | 3 | €20,000 | €20,000 | = | 0.0% |
| Stocks | 30/36 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €153,000 | €194,068 | +€41,068 | +26.8% |
| Trade receivables | 40 | €115,038 | €148,641 | +€33,603 | +29.2% |
| Other amounts receivable | 41 | €37,962 | €45,426 | +€7,464 | +19.7% |
| Cash at bank and in hand | 54/58 | €61,250 | €44,201 | -€17,049 | -27.8% |
| Deferred charges and accrued income | 490/1 | €15,057 | €29,357 | +€14,300 | +95.0% |
| Total equity and liabilities | 10/49 | €338,547 | €343,894 | +€5,347 | +1.6% |
| Equity | 10/15 | €134,462 | €136,668 | +€2,206 | +1.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,002 | €116,208 | +€2,206 | +1.9% |
| Amounts payable | 17/49 | €204,085 | €207,225 | +€3,141 | +1.5% |
| Amounts payable after more than one year | 17 | €60,255 | €44,170 | -€16,085 | -26.7% |
| Financial debts | 170/4 | €60,255 | €44,170 | -€16,085 | -26.7% |
| Amounts payable within one year | 42/48 | €143,830 | €163,055 | +€19,225 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €20,136 | €17,083 | -€3,053 | -15.2% |
| Trade debts | 44 | €85,490 | €95,743 | +€10,253 | +12.0% |
| Suppliers | 440/4 | €85,490 | €95,743 | +€10,253 | +12.0% |
| Taxes, remuneration and social security | 45 | €34,475 | €32,401 | -€2,075 | -6.0% |
| Taxes | 450/3 | €24,771 | €6,559 | -€18,212 | -73.5% |
| Remuneration and social security | 454/9 | €9,705 | €25,842 | +€16,137 | +166% |
| Other amounts payable | 47/48 | €3,728 | €17,828 | +€14,100 | +378% |
| Turnover | 70 | €485,015 | €431,351 | -€53,665 | -11.1% |
| Non-recurring operating income | 76A | €74,565 | €31,495 | -€43,070 | -57.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €341,343 | €325,579 | -€15,764 | -4.6% |
| Remuneration, social security and pensions | 62 | €88,940 | €69,608 | -€19,332 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,366 | €33,858 | -€17,508 | -34.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,030 | +€4,030 | |
| Other operating charges | 640/8 | €10,598 | - | -€10,598 | |
| Non-recurring operating charges | 66A | €41,073 | €15,750 | -€25,323 | -61.7% |
| Gross operating margin | 9900 | €218,237 | €137,266 | -€80,971 | -37.1% |
| Operating profit (loss) | 9901 | €26,260 | €14,020 | -€12,240 | -46.6% |
| Financial charges | 65/66B | €4,751 | €8,973 | +€4,222 | +88.9% |
| Recurring financial charges | 65 | €4,751 | €8,973 | +€4,222 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | €21,510 | €5,047 | -€16,463 | -76.5% |
| Income taxes | 67/77 | €10,084 | €2,841 | -€7,243 | -71.8% |
| Profit (loss) for the period | 9904 | €11,426 | €2,206 | -€9,220 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,426 | €2,206 | -€9,220 | -80.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.