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
- Cash +€10,367
up €10,367 (+80.0%), from €12,951 to €23,318
mainly Receivables within one year (+€5,247) and Net result for the year (+€4,034)
- Receivables within one year -€5,247
down €5,247 (-77.1%), from €6,804 to €1,557
of which Trade receivables: -€5,243
- Tangible fixed assets -€397
down €397 (-40.4%), from €983 to €586
- Profit (loss) carried forward +€4,034
up €4,034 (+253.3%), from €1,593 to €5,627
- Tax, wage and social debts -€1,986
down €1,986 (-48.0%), from €4,137 to €2,150
- Other debts +€1,369
up €1,369 (+10.7%), from €12,771 to €14,140
- Trade debts +€1,224
up €1,224 (+197.1%), from €621 to €1,844
- Gross operating margin +€2,652
up €2,652 (+62.5%), from €4,242 to €6,894
- Other operating charges -€491
down €491 (-72.4%), from €678 to €187
- Taxes +€395
up €395 (+45.0%), from €878 to €1,273
- Depreciation +€189
up €189 (+91.1%), from €208 to €397
- Financial charges +€117
up €117 (+13.2%), from €886 to €1,003
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 | €21,305 | €26,028 | +€4,723 | +22.2% |
| Fixed assets | 21/28 | €983 | €586 | -€397 | -40.4% |
| Tangible fixed assets | 22/27 | €983 | €586 | -€397 | -40.4% |
| Furniture and vehicles | 24 | €983 | €586 | -€397 | -40.4% |
| Current assets | 29/58 | €20,322 | €25,442 | +€5,120 | +25.2% |
| Amounts receivable within one year | 40/41 | €6,804 | €1,557 | -€5,247 | -77.1% |
| Trade receivables | 40 | €6,504 | €1,261 | -€5,243 | -80.6% |
| Other amounts receivable | 41 | €300 | €296 | -€4 | -1.3% |
| Cash at bank and in hand | 54/58 | €12,951 | €23,318 | +€10,367 | +80.0% |
| Deferred charges and accrued income | 490/1 | €567 | €567 | = | 0.0% |
| Total equity and liabilities | 10/49 | €21,305 | €26,028 | +€4,723 | +22.2% |
| Equity | 10/15 | €1,594 | €5,628 | +€4,034 | +253.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,593 | €5,627 | +€4,034 | +253.3% |
| Amounts payable | 17/49 | €19,711 | €20,400 | +€689 | +3.5% |
| Amounts payable within one year | 42/48 | €17,529 | €18,135 | +€606 | +3.5% |
| Trade debts | 44 | €621 | €1,844 | +€1,224 | +197.1% |
| Suppliers | 440/4 | €621 | €1,844 | +€1,224 | +197.1% |
| Taxes, remuneration and social security | 45 | €4,137 | €2,150 | -€1,986 | -48.0% |
| Taxes | 450/3 | €4,137 | €2,150 | -€1,986 | -48.0% |
| Other amounts payable | 47/48 | €12,771 | €14,140 | +€1,369 | +10.7% |
| Accrued charges and deferred income | 492/3 | €2,182 | €2,265 | +€82 | +3.8% |
| Non-recurring operating income | 76A | - | €387 | +€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208 | €397 | +€189 | +91.1% |
| Other operating charges | 640/8 | €678 | €187 | -€491 | -72.4% |
| Gross operating margin | 9900 | €4,242 | €6,894 | +€2,652 | +62.5% |
| Operating profit (loss) | 9901 | €3,357 | €6,310 | +€2,954 | +88.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €886 | €1,003 | +€117 | +13.2% |
| Recurring financial charges | 65 | €886 | €1,003 | +€117 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €2,471 | €5,307 | +€2,837 | +114.8% |
| Income taxes | 67/77 | €878 | €1,273 | +€395 | +45.0% |
| Profit (loss) for the period | 9904 | €1,593 | €4,034 | +€2,442 | +153.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,593 | €4,034 | +€2,442 | +153.3% |
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.