CONCEPT & RENOVATION: what changed
Two financial 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 & RENOVATION
Largest movements
- Financial fixed assets +€6,500
up €6,500 (+92.9%), from €7,000 to €13,500
- Tangible fixed assets -€4,035
down €4,035 (-34.3%), from €11,761 to €7,726
of which Plant, machinery and equipment: -€3,621
- Cash +€3,057
up €3,057 (+589%), from €519 to €3,576
mainly Net result for the year (+€27,212) and Depreciation (+€4,035)
- Receivables within one year -€2,629
down €2,629 (-1.8%), from €147,968 to €145,339
of which Other amounts receivable: -€9,000
- Profit (loss) carried forward +€27,212
up €27,212 (+237%), from €11,462 to €38,673
- Tax, wage and social debts -€12,435
down €12,435 (-16.9%), from €73,682 to €61,246
of which Remuneration and social security: -€13,560
- Current portion of long-term debt -€11,382
no longer reported in 2025 (was €11,382)
- Gross operating margin +€43,453
up €43,453 (+24.3%), from €179,065 to €222,518
- Provisions -€18,133
no longer reported in 2025 (was €18,133)
- Staff costs +€8,503
up €8,503 (+4.8%), from €177,838 to €186,341
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.
Derived cash bridge
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 | €167,247 | €170,141 | +€2,893 | +1.7% |
| Fixed assets | 21/28 | €18,761 | €21,226 | +€2,465 | +13.1% |
| Tangible fixed assets | 22/27 | €11,761 | €7,726 | -€4,035 | -34.3% |
| Plant, machinery and equipment | 23 | €11,003 | €7,382 | -€3,621 | -32.9% |
| Furniture and vehicles | 24 | €758 | €344 | -€413 | -54.5% |
| Financial fixed assets | 28 | €7,000 | €13,500 | +€6,500 | +92.9% |
| Current assets | 29/58 | €148,487 | €148,915 | +€428 | +0.3% |
| Amounts receivable within one year | 40/41 | €147,968 | €145,339 | -€2,629 | -1.8% |
| Trade receivables | 40 | €91,462 | €97,833 | +€6,371 | +7.0% |
| Other amounts receivable | 41 | €56,506 | €47,506 | -€9,000 | -15.9% |
| Cash at bank and in hand | 54/58 | €519 | €3,576 | +€3,057 | +589% |
| Total equity and liabilities | 10/49 | €167,247 | €170,141 | +€2,893 | +1.7% |
| Equity | 10/15 | €17,462 | €44,673 | +€27,212 | +156% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,462 | €38,673 | +€27,212 | +237% |
| Provisions and deferred taxes | 16 | €18,133 | €18,133 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €18,133 | €18,133 | = | 0.0% |
| Environmental obligations | 163 | €18,133 | €18,133 | = | 0.0% |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €131,653 | €107,335 | -€24,318 | -18.5% |
| Amounts payable within one year | 42/48 | €131,653 | €107,335 | -€24,318 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €11,382 | - | -€11,382 | |
| Trade debts | 44 | €46,589 | €46,089 | -€501 | -1.1% |
| Suppliers | 440/4 | €46,589 | €46,089 | -€501 | -1.1% |
| Taxes, remuneration and social security | 45 | €73,682 | €61,246 | -€12,435 | -16.9% |
| Taxes | 450/3 | €8,996 | €10,121 | +€1,124 | +12.5% |
| Remuneration and social security | 454/9 | €64,685 | €51,125 | -€13,560 | -21.0% |
| Remuneration, social security and pensions | 62 | €177,838 | €186,341 | +€8,503 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,690 | €4,035 | +€344 | +9.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €18,133 | - | -€18,133 | |
| Other operating charges | 640/8 | €1,840 | €1,039 | -€801 | -43.5% |
| Gross operating margin | 9900 | €179,065 | €222,518 | +€43,453 | +24.3% |
| Operating profit (loss) | 9901 | -€22,435 | €31,104 | +€53,540 | |
| Financial income | 75/76B | €2,898 | €2,813 | -€85 | -2.9% |
| Recurring financial income | 75 | €2,898 | €2,813 | -€85 | -2.9% |
| Financial charges | 65/66B | €4,097 | €5,056 | +€958 | +23.4% |
| Recurring financial charges | 65 | €4,097 | €4,306 | +€208 | +5.1% |
| Non-recurring financial charges | 66B | - | €750 | +€750 | |
| Profit (loss) for the period before taxes | 9903 | -€23,635 | €28,862 | +€52,497 | |
| Income taxes | 67/77 | - | €1,650 | +€1,650 | |
| Profit (loss) for the period | 9904 | -€23,635 | €27,212 | +€50,846 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,635 | €27,212 | +€50,846 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.