Concept NB: what changed
Two fiscal 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 NB
Largest movements
- Tangible fixed assets -€38,045
down €38,045 (-61.6%), from €61,716 to €23,672
of which Furniture and vehicles: -€35,914
- Receivables within one year +€23,873
up €23,873 (+12.6%), from €189,534 to €213,407
of which Other amounts receivable: +€23,368
- Stocks and contracts +€4,778
up €4,778 (+383.8%), from €1,245 to €6,023
- Tax, wage and social debts -€26,588
down €26,588 (-78.6%), from €33,817 to €7,229
of which Taxes: -€26,842
- Accrued charges and deferred income -€19,231
no longer reported in 2025 (was €19,231)
- Debts after one year +€16,659
up €16,659 (+24.7%), from €67,352 to €84,011
- Current portion of long-term debt +€13,696
up €13,696 (+115.3%), from €11,879 to €25,576
- Trade debts -€10,167
down €10,167 (-63.1%), from €16,103 to €5,937
- Gross operating margin +€17,515
up €17,515 (+24.3%), from €72,178 to €89,693
- Staff costs -€9,127
down €9,127 (-29.6%), from €30,862 to €21,735
- Other operating charges -€7,273
down €7,273 (-50.0%), from €14,546 to €7,273
- Depreciation +€2,000
up €2,000 (+19.0%), from €10,543 to €12,543
- Taxes +€1,240
up €1,240, from -€290 to €950
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 | €252,495 | €244,038 | -€8,457 | -3.3% |
| Fixed assets | 21/28 | €61,716 | €23,672 | -€38,045 | -61.6% |
| Tangible fixed assets | 22/27 | €61,716 | €23,672 | -€38,045 | -61.6% |
| Land and buildings | 22 | €20,461 | €18,330 | -€2,131 | -10.4% |
| Furniture and vehicles | 24 | €41,256 | €5,342 | -€35,914 | -87.1% |
| Current assets | 29/58 | €190,779 | €220,366 | +€29,587 | +15.5% |
| Stocks and contracts in progress | 3 | €1,245 | €6,023 | +€4,778 | +383.8% |
| Stocks | 30/36 | €1,245 | €6,023 | +€4,778 | +383.8% |
| Amounts receivable within one year | 40/41 | €189,534 | €213,407 | +€23,873 | +12.6% |
| Trade receivables | 40 | €19,877 | €20,382 | +€505 | +2.5% |
| Other amounts receivable | 41 | €169,657 | €193,024 | +€23,368 | +13.8% |
| Cash at bank and in hand | 54/58 | €0 | €73 | +€73 | |
| Deferred charges and accrued income | 490/1 | - | €863 | +€863 | |
| Total equity and liabilities | 10/49 | €252,495 | €244,038 | -€8,457 | -3.3% |
| Equity | 10/15 | €65,546 | €65,586 | +€40 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €182 | €182 | = | 0.0% |
| Non-distributable reserves | 130/1 | €182 | €182 | = | 0.0% |
| Reserves not available under the articles | 1311 | €182 | €182 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,164 | €59,203 | +€40 | +0.1% |
| Amounts payable | 17/49 | €186,949 | €178,452 | -€8,497 | -4.5% |
| Amounts payable after more than one year | 17 | €67,352 | €84,011 | +€16,659 | +24.7% |
| Financial debts | 170/4 | €67,352 | €84,011 | +€16,659 | +24.7% |
| Amounts payable within one year | 42/48 | €100,366 | €94,441 | -€5,925 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €11,879 | €25,576 | +€13,696 | +115.3% |
| Financial debts | 43 | €38,566 | €47,200 | +€8,634 | +22.4% |
| Credit institutions | 430/8 | €38,566 | €47,200 | +€8,634 | +22.4% |
| Trade debts | 44 | €16,103 | €5,937 | -€10,167 | -63.1% |
| Suppliers | 440/4 | €16,103 | €5,937 | -€10,167 | -63.1% |
| Taxes, remuneration and social security | 45 | €33,817 | €7,229 | -€26,588 | -78.6% |
| Taxes | 450/3 | €32,732 | €5,890 | -€26,842 | -82.0% |
| Remuneration and social security | 454/9 | €1,085 | €1,338 | +€253 | +23.4% |
| Other amounts payable | 47/48 | €0 | €8,500 | +€8,500 | |
| Accrued charges and deferred income | 492/3 | €19,231 | - | -€19,231 | |
| Remuneration, social security and pensions | 62 | €30,862 | €21,735 | -€9,127 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,543 | €12,543 | +€2,000 | +19.0% |
| Other operating charges | 640/8 | €14,546 | €7,273 | -€7,273 | -50.0% |
| Non-recurring operating charges | 66A | - | €25,000 | +€25,000 | |
| Gross operating margin | 9900 | €72,178 | €89,693 | +€17,515 | +24.3% |
| Operating profit (loss) | 9901 | €16,227 | €23,142 | +€6,916 | +42.6% |
| Financial income | 75/76B | €133 | €338 | +€206 | +155.0% |
| Recurring financial income | 75 | €133 | €338 | +€206 | +155.0% |
| Financial charges | 65/66B | €14,474 | €13,991 | -€484 | -3.3% |
| Recurring financial charges | 65 | €14,474 | €13,991 | -€484 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €1,885 | €9,490 | +€7,605 | +403.4% |
| Income taxes | 67/77 | -€290 | €950 | +€1,240 | |
| Profit (loss) for the period | 9904 | €2,175 | €8,540 | +€6,364 | +292.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,175 | €8,540 | +€6,364 | +292.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.