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CONCEPT PROPERTIES: 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.

What changed

CONCEPT PROPERTIES

BE 0891.133.951
NACE 68.310, Real estate agency activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€275
2023 · €2,329-€2,053
Equity
-€3,770
2023 · -€4,045+€275
Cash
-
not filed
Balance sheet total
€16,842
2023 · €11,048+€5,795

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€5,661

    up €5,661 (+141.5%), from €4,000 to €9,661

    of which Trade receivables: +€6,950

Equity and liabilities
  • Short-term financial debts +€10,909

    up €10,909 (+1342.9%), from €812 to €11,721

    of which Other loans: +€11,721

  • Trade debts -€4,706

    down €4,706 (-40.3%), from €11,673 to €6,967

  • Tax, wage and social debts -€1,149

    no longer reported in 2024 (was €1,149)

  • Current portion of long-term debt +€467

    up €467 (+32.0%), from €1,458 to €1,924

  • Profit (loss) carried forward +€275

    up €275 (+2.5%), from -€11,074 to -€10,799

Income statement
  • Gross operating margin -€2,158

    down €2,158 (-30.6%), from €7,059 to €4,901

  • Depreciation +€2,070

    up €2,070 (+248.4%), from €833 to €2,903

  • Other operating charges -€1,686

    down €1,686 (-77.7%), from €2,170 to €485

  • Financial charges -€311

    down €311 (-20.1%), from €1,549 to €1,238

  • Taxes -€178

    no longer reported in 2024 (was €178)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €2,329
Gross operating margin -€2,158
Depreciation -€2,070
Other operating charges +€1,686
Financial charges +€311
Taxes +€178
Result 2024 €275

Cash bridge derived

cash 2023 to 2024

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €11,048 €16,842 +€5,795 +52.5%
Fixed assets 21/28 €7,048 €7,181 +€134 +1.9%
Tangible fixed assets 22/27 €7,048 €7,181 +€134 +1.9%
Plant, machinery and equipment 23 €7,048 €7,181 +€134 +1.9%
Current assets 29/58 €4,000 €9,661 +€5,661 +141.5%
Amounts receivable within one year 40/41 €4,000 €9,661 +€5,661 +141.5%
Trade receivables 40 - €6,950 +€6,950
Other amounts receivable 41 €4,000 €2,711 -€1,289 -32.2%
Total equity and liabilities 10/49 €11,048 €16,842 +€5,795 +52.5%
Equity 10/15 -€4,045 -€3,770 +€275 +6.8%
Contributions 10/11 €6,400 €6,400 = 0.0%
Capital 10 €6,400 - -€6,400
Issued capital 100 €18,600 - -€18,600
Uncalled capital 101 €12,200 - -€12,200
Reserves 13 €629 €629 = 0.0%
Non-distributable reserves 130/1 €629 €629 = 0.0%
Legal reserve 130 €629 - -€629
Reserves not available under the articles 1311 - €629 +€629
Profit (loss) carried forward 14 -€11,074 -€10,799 +€275 +2.5%
Amounts payable 17/49 €15,093 €20,612 +€5,519 +36.6%
Amounts payable within one year 42/48 €15,093 €20,612 +€5,519 +36.6%
Current portion of amounts payable after more than one year 42 €1,458 €1,924 +€467 +32.0%
Financial debts 43 €812 €11,721 +€10,909 +1342.9%
Credit institutions 430/8 €812 - -€812
Other loans 439 - €11,721 +€11,721
Trade debts 44 €11,673 €6,967 -€4,706 -40.3%
Suppliers 440/4 €11,673 €6,967 -€4,706 -40.3%
Taxes, remuneration and social security 45 €1,149 - -€1,149
Taxes 450/3 €1,149 - -€1,149
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €833 €2,903 +€2,070 +248.4%
Other operating charges 640/8 €2,170 €485 -€1,686 -77.7%
Gross operating margin 9900 €7,059 €4,901 -€2,158 -30.6%
Operating profit (loss) 9901 €4,056 €1,513 -€2,542 -62.7%
Financial charges 65/66B €1,549 €1,238 -€311 -20.1%
Recurring financial charges 65 €1,549 €1,238 -€311 -20.1%
Profit (loss) for the period before taxes 9903 €2,506 €275 -€2,231 -89.0%
Income taxes 67/77 €178 - -€178
Profit (loss) for the period 9904 €2,329 €275 -€2,053 -88.2%
Profit (loss) for the period to be appropriated 9905 €2,329 €275 -€2,053 -88.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.