CONCEPT QUADRO: 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 QUADRO
Largest movements
- Deferred charges and accrued income -€8,621
down €8,621 (-97.5%), from €8,840 to €219
- Tangible fixed assets -€5,536
down €5,536 (-2.8%), from €199,978 to €194,442
of which Land and buildings: -€5,186
- Receivables after one year -€5,000
down €5,000 (-12.5%), from €40,000 to €35,000
- Debts after one year -€27,361
down €27,361 (-17.4%), from €156,875 to €129,514
- Profit (loss) carried forward +€8,266
no longer reported in 2025 (was -€8,266)
- Gross operating margin -€5,410
down €5,410 (-16.5%), from €32,710 to €27,300
- Financial charges -€2,813
down €2,813 (-40.4%), from €6,963 to €4,150
- Taxes +€1,354
up €1,354 (+37.2%), from €3,635 to €4,989
- Depreciation -€1,050
down €1,050 (-15.9%), from €6,586 to €5,536
- Other operating charges -€358
down €358 (-10.5%), from €3,403 to €3,045
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 | €310,788 | €293,234 | -€17,554 | -5.6% |
| Fixed assets | 21/28 | €199,978 | €194,442 | -€5,536 | -2.8% |
| Tangible fixed assets | 22/27 | €199,978 | €194,442 | -€5,536 | -2.8% |
| Land and buildings | 22 | €199,628 | €194,442 | -€5,186 | -2.6% |
| Plant, machinery and equipment | 23 | €350 | - | -€350 | |
| Current assets | 29/58 | €110,810 | €98,792 | -€12,018 | -10.8% |
| Amounts receivable after more than one year | 29 | €40,000 | €35,000 | -€5,000 | -12.5% |
| Other amounts receivable | 291 | €40,000 | €35,000 | -€5,000 | -12.5% |
| Amounts receivable within one year | 40/41 | €61,420 | €60,303 | -€1,117 | -1.8% |
| Trade receivables | 40 | €61,420 | €60,303 | -€1,117 | -1.8% |
| Cash at bank and in hand | 54/58 | €550 | €3,270 | +€2,720 | +494.5% |
| Deferred charges and accrued income | 490/1 | €8,840 | €219 | -€8,621 | -97.5% |
| Total equity and liabilities | 10/49 | €310,788 | €293,234 | -€17,554 | -5.6% |
| Equity | 10/15 | €96,134 | €106,683 | +€10,549 | +11.0% |
| Contributions | 10/11 | €104,400 | €104,400 | = | 0.0% |
| Capital | 10 | €104,400 | €104,400 | = | 0.0% |
| Issued capital | 100 | €104,400 | €104,400 | = | 0.0% |
| Reserves | 13 | - | €2,283 | +€2,283 | |
| Distributable reserves | 133 | - | €2,283 | +€2,283 | |
| Profit (loss) carried forward | 14 | -€8,266 | - | +€8,266 | |
| Amounts payable | 17/49 | €214,654 | €186,551 | -€28,103 | -13.1% |
| Amounts payable after more than one year | 17 | €156,875 | €129,514 | -€27,361 | -17.4% |
| Financial debts | 170/4 | €156,875 | €129,514 | -€27,361 | -17.4% |
| Amounts payable within one year | 42/48 | €57,779 | €57,037 | -€742 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €28,220 | €27,362 | -€858 | -3.0% |
| Taxes, remuneration and social security | 45 | €7,204 | €8,575 | +€1,371 | +19.0% |
| Taxes | 450/3 | €7,204 | €8,575 | +€1,371 | +19.0% |
| Other amounts payable | 47/48 | €22,355 | €21,100 | -€1,255 | -5.6% |
| Non-recurring operating income | 76A | €103 | - | -€103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,586 | €5,536 | -€1,050 | -15.9% |
| Other operating charges | 640/8 | €3,403 | €3,045 | -€358 | -10.5% |
| Gross operating margin | 9900 | €32,710 | €27,300 | -€5,410 | -16.5% |
| Operating profit (loss) | 9901 | €22,721 | €18,719 | -€4,002 | -17.6% |
| Financial income | 75/76B | €1,094 | €969 | -€125 | -11.4% |
| Recurring financial income | 75 | €1,094 | €969 | -€125 | -11.4% |
| Financial charges | 65/66B | €6,963 | €4,150 | -€2,813 | -40.4% |
| Recurring financial charges | 65 | €6,963 | €4,150 | -€2,813 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €16,852 | €15,538 | -€1,314 | -7.8% |
| Income taxes | 67/77 | €3,635 | €4,989 | +€1,354 | +37.2% |
| Profit (loss) for the period | 9904 | €13,217 | €10,549 | -€2,668 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,217 | €10,549 | -€2,668 | -20.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.