Concept System & Design: 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 System & Design
Largest movements
- Cash +€31,610
up €31,610 (+6.5%), from €483,026 to €514,636
mainly Net result for the year (+€29,377) and Depreciation (+€13,238)
- Tangible fixed assets -€8,137
down €8,137 (-19.6%), from €41,468 to €33,331
of which Furniture and vehicles: -€7,750
- Reserves +€29,377
up €29,377 (+7.0%), from €416,795 to €446,172
of which Distributable reserves: +€29,377
- Gross operating margin -€3,069
down €3,069 (-5.5%), from €56,071 to €53,002
- Depreciation +€1,411
up €1,411 (+11.9%), from €11,827 to €13,238
- Taxes -€1,317
down €1,317 (-9.7%), from €13,561 to €12,244
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 | €558,010 | €583,987 | +€25,977 | +4.7% |
| Fixed assets | 21/28 | €41,468 | €33,331 | -€8,137 | -19.6% |
| Tangible fixed assets | 22/27 | €41,468 | €33,331 | -€8,137 | -19.6% |
| Plant, machinery and equipment | 23 | €3,192 | €2,805 | -€387 | -12.1% |
| Furniture and vehicles | 24 | €38,276 | €30,526 | -€7,750 | -20.2% |
| Current assets | 29/58 | €516,542 | €550,656 | +€34,114 | +6.6% |
| Amounts receivable within one year | 40/41 | €31,588 | €34,066 | +€2,478 | +7.8% |
| Trade receivables | 40 | €26,079 | €28,280 | +€2,201 | +8.4% |
| Other amounts receivable | 41 | €5,509 | €5,786 | +€277 | +5.0% |
| Cash at bank and in hand | 54/58 | €483,026 | €514,636 | +€31,610 | +6.5% |
| Deferred charges and accrued income | 490/1 | €1,928 | €1,954 | +€26 | +1.3% |
| Total equity and liabilities | 10/49 | €558,010 | €583,987 | +€25,977 | +4.7% |
| Equity | 10/15 | €533,634 | €563,011 | +€29,377 | +5.5% |
| Contributions | 10/11 | €109,700 | €109,700 | = | 0.0% |
| Reserves | 13 | €416,795 | €446,172 | +€29,377 | +7.0% |
| Non-distributable reserves | 130/1 | €12,210 | €12,210 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,210 | €12,210 | = | 0.0% |
| Distributable reserves | 133 | €404,585 | €433,962 | +€29,377 | +7.3% |
| Profit (loss) carried forward | 14 | €7,139 | €7,139 | = | 0.0% |
| Amounts payable | 17/49 | €24,376 | €20,976 | -€3,400 | -13.9% |
| Amounts payable within one year | 42/48 | €24,376 | €20,976 | -€3,400 | -13.9% |
| Trade debts | 44 | €7,077 | €8,559 | +€1,482 | +20.9% |
| Suppliers | 440/4 | €7,077 | €8,559 | +€1,482 | +20.9% |
| Taxes, remuneration and social security | 45 | €9,212 | €7,791 | -€1,421 | -15.4% |
| Taxes | 450/3 | €9,212 | €7,791 | -€1,421 | -15.4% |
| Other amounts payable | 47/48 | €8,087 | €4,626 | -€3,461 | -42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,827 | €13,238 | +€1,411 | +11.9% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €56,071 | €53,002 | -€3,069 | -5.5% |
| Operating profit (loss) | 9901 | €43,857 | €39,364 | -€4,493 | -10.2% |
| Financial income | 75/76B | €2,973 | €2,586 | -€387 | -13.0% |
| Recurring financial income | 75 | €2,973 | €2,586 | -€387 | -13.0% |
| Financial charges | 65/66B | €283 | €329 | +€46 | +16.3% |
| Recurring financial charges | 65 | €283 | €329 | +€46 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €46,547 | €41,621 | -€4,926 | -10.6% |
| Income taxes | 67/77 | €13,561 | €12,244 | -€1,317 | -9.7% |
| Profit (loss) for the period | 9904 | €32,986 | €29,377 | -€3,609 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,986 | €29,377 | -€3,609 | -10.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.