CONCEPT'O: 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'O
Largest movements
- Receivables within one year +€15,296
up €15,296 (+34.5%), from €44,356 to €59,652
of which Trade receivables: +€15,283
- Cash +€4,479
up €4,479 (+8.4%), from €53,333 to €57,812
mainly Net result for the year (+€10,911) and Other debts (+€5,394)
- Deferred charges and accrued income -€4,101
no longer reported in 2025 (was €4,101)
- Reserves +€10,500
up €10,500 (+23.3%), from €45,160 to €55,660
of which Distributable reserves: +€10,500
- Other debts +€5,394
up €5,394 (+366.4%), from €1,472 to €6,867
- Tax, wage and social debts -€2,990
down €2,990 (-21.3%), from €14,019 to €11,028
- Gross operating margin +€11,169
up €11,169 (+137.8%), from €8,105 to €19,274
- Taxes +€3,046
up €3,046 (+219.5%), from €1,388 to €4,434
- Financial charges -€482
down €482 (-68.0%), from €709 to €227
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 | €106,721 | €121,202 | +€14,480 | +13.6% |
| Fixed assets | 21/28 | €4,930 | €3,737 | -€1,193 | -24.2% |
| Tangible fixed assets | 22/27 | €4,880 | €3,687 | -€1,193 | -24.4% |
| Furniture and vehicles | 24 | €4,880 | €3,687 | -€1,193 | -24.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €101,791 | €117,464 | +€15,674 | +15.4% |
| Amounts receivable within one year | 40/41 | €44,356 | €59,652 | +€15,296 | +34.5% |
| Trade receivables | 40 | €44,354 | €59,637 | +€15,283 | +34.5% |
| Other amounts receivable | 41 | €2 | €16 | +€13 | +548.8% |
| Cash at bank and in hand | 54/58 | €53,333 | €57,812 | +€4,479 | +8.4% |
| Deferred charges and accrued income | 490/1 | €4,101 | - | -€4,101 | |
| Total equity and liabilities | 10/49 | €106,721 | €121,202 | +€14,480 | +13.6% |
| Equity | 10/15 | €91,013 | €101,924 | +€10,911 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €45,160 | €55,660 | +€10,500 | +23.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €43,300 | €53,800 | +€10,500 | +24.2% |
| Profit (loss) carried forward | 14 | €27,253 | €27,664 | +€411 | +1.5% |
| Amounts payable | 17/49 | €15,709 | €19,278 | +€3,569 | +22.7% |
| Amounts payable within one year | 42/48 | €15,709 | €19,278 | +€3,569 | +22.7% |
| Trade debts | 44 | €218 | €1,383 | +€1,165 | +535.1% |
| Suppliers | 440/4 | €218 | €1,383 | +€1,165 | +535.1% |
| Taxes, remuneration and social security | 45 | €14,019 | €11,028 | -€2,990 | -21.3% |
| Taxes | 450/3 | €14,019 | €11,028 | -€2,990 | -21.3% |
| Other amounts payable | 47/48 | €1,472 | €6,867 | +€5,394 | +366.4% |
| Non-recurring operating income | 76A | €4,402 | - | -€4,402 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,900 | €2,966 | +€66 | +2.3% |
| Other operating charges | 640/8 | €834 | €736 | -€98 | -11.8% |
| Non-recurring operating charges | 66A | €265 | - | -€265 | |
| Gross operating margin | 9900 | €8,105 | €19,274 | +€11,169 | +137.8% |
| Operating profit (loss) | 9901 | €4,107 | €15,572 | +€11,466 | +279.2% |
| Financial charges | 65/66B | €709 | €227 | -€482 | -68.0% |
| Recurring financial charges | 65 | €709 | €227 | -€482 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | €3,398 | €15,345 | +€11,947 | +351.6% |
| Income taxes | 67/77 | €1,388 | €4,434 | +€3,046 | +219.5% |
| Profit (loss) for the period | 9904 | €2,010 | €10,911 | +€8,901 | +442.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,010 | €10,911 | +€8,901 | +442.8% |
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 3 October 2026 via checked.be.