CONCEPT PARTNERS: 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 PARTNERS
Largest movements
- Receivables within one year +€469,849
up €469,849 (+1175.8%), from €39,961 to €509,810
of which Trade receivables: +€470,968
- Deferred charges and accrued income +€192,273
new in 2025: €192,273
- Cash -€32,175
down €32,175 (-15.9%), from €201,959 to €169,783
mainly Receivables within one year (-€469,849) and Deferred charges and accrued income (-€192,273)
- Trade debts +€754,410
up €754,410 (+15196.8%), from €4,964 to €759,374
- Other debts -€164,311
down €164,311 (-100.0%), from €164,311 to €0
- Profit (loss) carried forward +€33,095
up €33,095, from €0 to €33,095
- Gross operating margin -€28,741
down €28,741 (-38.5%), from €74,564 to €45,823
- Taxes -€8,581
down €8,581 (-39.6%), from €21,656 to €13,076
- Financial income -€1,244
down €1,244 (-42.2%), from €2,948 to €1,705
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 | €259,131 | €881,726 | +€622,595 | +240.3% |
| Current assets | 29/58 | €259,131 | €881,726 | +€622,595 | +240.3% |
| Stocks and contracts in progress | 3 | €17,212 | €9,860 | -€7,352 | -42.7% |
| Stocks | 30/36 | €17,212 | €9,860 | -€7,352 | -42.7% |
| Amounts receivable within one year | 40/41 | €39,961 | €509,810 | +€469,849 | +1175.8% |
| Trade receivables | 40 | €38,742 | €509,710 | +€470,968 | +1215.7% |
| Other amounts receivable | 41 | €1,219 | €100 | -€1,119 | -91.8% |
| Cash at bank and in hand | 54/58 | €201,959 | €169,783 | -€32,175 | -15.9% |
| Deferred charges and accrued income | 490/1 | - | €192,273 | +€192,273 | |
| Total equity and liabilities | 10/49 | €259,131 | €881,726 | +€622,595 | +240.3% |
| Equity | 10/15 | €68,200 | €101,295 | +€33,095 | +48.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €33,095 | +€33,095 | |
| Amounts payable | 17/49 | €190,931 | €780,431 | +€589,500 | +308.7% |
| Amounts payable within one year | 42/48 | €190,931 | €780,431 | +€589,500 | +308.7% |
| Trade debts | 44 | €4,964 | €759,374 | +€754,410 | +15196.8% |
| Suppliers | 440/4 | €4,964 | €759,374 | +€754,410 | +15196.8% |
| Taxes, remuneration and social security | 45 | €21,656 | €21,057 | -€599 | -2.8% |
| Taxes | 450/3 | €21,656 | €21,057 | -€599 | -2.8% |
| Other amounts payable | 47/48 | €164,311 | €0 | -€164,311 | -100.0% |
| Other operating charges | 640/8 | €1,395 | €728 | -€667 | -47.8% |
| Gross operating margin | 9900 | €74,564 | €45,823 | -€28,741 | -38.5% |
| Operating profit (loss) | 9901 | €73,169 | €45,096 | -€28,073 | -38.4% |
| Financial income | 75/76B | €2,948 | €1,705 | -€1,244 | -42.2% |
| Recurring financial income | 75 | €2,948 | €1,705 | -€1,244 | -42.2% |
| Financial charges | 65/66B | €293 | €630 | +€337 | +114.8% |
| Recurring financial charges | 65 | €293 | €630 | +€337 | +114.8% |
| Profit (loss) for the period before taxes | 9903 | €75,824 | €46,171 | -€29,654 | -39.1% |
| Income taxes | 67/77 | €21,656 | €13,076 | -€8,581 | -39.6% |
| Profit (loss) for the period | 9904 | €54,168 | €33,095 | -€21,073 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,168 | €33,095 | -€21,073 | -38.9% |
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 8 October 2026 via checked.be.