Concept Sell: 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 Sell
Largest movements
- Intangible fixed assets +€64,000
new in 2025: €64,000
- Receivables within one year -€15,695
down €15,695 (-26.7%), from €58,784 to €43,089
- Cash +€5,288
up €5,288 (+62.2%), from €8,506 to €13,793
mainly Trade debts (+€50,623) and Depreciation (+€16,087)
- Trade debts +€50,623
up €50,623 (+2292.5%), from €2,208 to €52,831
- Other debts +€6,879
up €6,879 (+98.3%), from €7,000 to €13,879
- Profit (loss) carried forward -€3,997
down €3,997 (-8.3%), from €48,410 to €44,414
- Turnover -€45,720
down €45,720 (-48.4%), from €94,400 to €48,680
- Gross operating margin -€24,635
down €24,635 (-70.2%), from €35,085 to €10,450
- Purchases and services -€21,085
down €21,085 (-35.5%), from €59,315 to €38,230
- Depreciation +€14,978
up €14,978 (+1351.0%), from €1,109 to €16,087
- Taxes -€5,500
no longer reported in 2025 (was €5,500)
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 | €67,376 | €120,882 | +€53,506 | +79.4% |
| Fixed assets | 21/28 | €87 | €64,000 | +€63,913 | +73564.8% |
| Intangible fixed assets | 21 | - | €64,000 | +€64,000 | |
| Tangible fixed assets | 22/27 | €87 | - | -€87 | |
| Furniture and vehicles | 24 | €87 | - | -€87 | |
| Current assets | 29/58 | €67,289 | €56,882 | -€10,407 | -15.5% |
| Amounts receivable within one year | 40/41 | €58,784 | €43,089 | -€15,695 | -26.7% |
| Other amounts receivable | 41 | €58,784 | €43,089 | -€15,695 | -26.7% |
| Cash at bank and in hand | 54/58 | €8,506 | €13,793 | +€5,288 | +62.2% |
| Total equity and liabilities | 10/49 | €67,376 | €120,882 | +€53,506 | +79.4% |
| Equity | 10/15 | €50,910 | €46,914 | -€3,997 | -7.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,410 | €44,414 | -€3,997 | -8.3% |
| Amounts payable | 17/49 | €16,466 | €73,968 | +€57,502 | +349.2% |
| Amounts payable within one year | 42/48 | €16,466 | €73,968 | +€57,502 | +349.2% |
| Trade debts | 44 | €2,208 | €52,831 | +€50,623 | +2292.5% |
| Suppliers | 440/4 | €2,208 | €52,831 | +€50,623 | +2292.5% |
| Taxes, remuneration and social security | 45 | €7,258 | €7,258 | = | 0.0% |
| Taxes | 450/3 | €7,258 | €7,258 | = | 0.0% |
| Other amounts payable | 47/48 | €7,000 | €13,879 | +€6,879 | +98.3% |
| Turnover | 70 | €94,400 | €48,680 | -€45,720 | -48.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €59,315 | €38,230 | -€21,085 | -35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,109 | €16,087 | +€14,978 | +1351.0% |
| Gross operating margin | 9900 | €35,085 | €10,450 | -€24,635 | -70.2% |
| Operating profit (loss) | 9901 | €33,976 | -€5,637 | -€39,613 | |
| Financial income | 75/76B | €2 | €2,014 | +€2,012 | +100622.5% |
| Recurring financial income | 75 | €2 | €2,014 | +€2,012 | +100622.5% |
| Financial charges | 65/66B | €566 | €374 | -€192 | -34.0% |
| Recurring financial charges | 65 | €566 | €374 | -€192 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €33,412 | -€3,997 | -€37,409 | |
| Income taxes | 67/77 | €5,500 | - | -€5,500 | |
| Profit (loss) for the period | 9904 | €27,912 | -€3,997 | -€31,909 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,912 | -€3,997 | -€31,909 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.