CONCEPT XXL: 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 XXL
Largest movements
- Tangible fixed assets +€442,694
up €442,694 (+45.4%), from €974,796 to €1.4m
of which Furniture and vehicles: +€457,555
- Cash +€394,171
up €394,171 (+1,067%), from €36,927 to €431,098
mainly Trade debts (+€853,409) and Net result for the year (+€304,971)
- Receivables within one year +€162,079
up €162,079 (+82.2%), from €197,084 to €359,163
of which Other amounts receivable: +€130,531
- Trade debts +€853,409
up €853,409 (+1,695%), from €50,362 to €903,771
- Profit (loss) carried forward +€304,971
up €304,971 (+232%), from €131,349 to €436,321
- Debts after one year -€150,220
down €150,220 (-33.8%), from €444,279 to €294,059
- Tax, wage and social debts +€55,509
up €55,509 (+180%), from €30,821 to €86,330
of which Taxes: +€47,512
- Current portion of long-term debt -€49,275
down €49,275 (-25.2%), from €195,404 to €146,129
- Gross operating margin +€473,297
up €473,297 (+110%), from €428,591 to €901,888
- Taxes +€74,921
up €74,921 (+1,677%), from €4,466 to €79,388
- Staff costs +€60,993
up €60,993 (+51.0%), from €119,502 to €180,495
- Write-downs +€52,912
new in 2025: €52,912
- Other operating charges -€38,117
down €38,117 (-81.9%), from €46,518 to €8,402
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 | €1,239,755 | €2,240,363 | +€1.0m | +80.7% |
| Fixed assets | 21/28 | €974,796 | €1,417,490 | +€442,694 | +45.4% |
| Tangible fixed assets | 22/27 | €974,796 | €1,417,490 | +€442,694 | +45.4% |
| Land and buildings | 22 | €146,908 | €133,430 | -€13,478 | -9.2% |
| Plant, machinery and equipment | 23 | €4,070 | €2,687 | -€1,383 | -34.0% |
| Furniture and vehicles | 24 | €823,818 | €1,281,373 | +€457,555 | +55.5% |
| Current assets | 29/58 | €264,959 | €822,873 | +€557,914 | +211% |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €197,084 | €359,163 | +€162,079 | +82.2% |
| Trade receivables | 40 | €151,860 | €183,408 | +€31,548 | +20.8% |
| Other amounts receivable | 41 | €45,224 | €175,755 | +€130,531 | +289% |
| Cash at bank and in hand | 54/58 | €36,927 | €431,098 | +€394,171 | +1,067% |
| Deferred charges and accrued income | 490/1 | €15,948 | €17,612 | +€1,665 | +10.4% |
| Total equity and liabilities | 10/49 | €1,239,755 | €2,240,363 | +€1.0m | +80.7% |
| Equity | 10/15 | €471,559 | €800,843 | +€329,284 | +69.8% |
| Contributions | 10/11 | €18,540 | €18,540 | = | 0.0% |
| Reserves | 13 | €291,679 | €290,285 | -€1,394 | -0.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,319 | €36,925 | -€1,394 | -3.6% |
| Distributable reserves | 133 | €251,500 | €251,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,349 | €436,321 | +€304,971 | +232% |
| Investment grants | 15 | €29,991 | €55,697 | +€25,706 | +85.7% |
| Provisions and deferred taxes | 16 | €9,580 | €9,231 | -€348 | -3.6% |
| Deferred taxes | 168 | €9,580 | €9,231 | -€348 | -3.6% |
| Amounts payable | 17/49 | €758,616 | €1,430,289 | +€671,673 | +88.5% |
| Amounts payable after more than one year | 17 | €444,279 | €294,059 | -€150,220 | -33.8% |
| Financial debts | 170/4 | €444,279 | €294,059 | -€150,220 | -33.8% |
| Amounts payable within one year | 42/48 | €314,336 | €1,136,230 | +€821,893 | +261% |
| Current portion of amounts payable after more than one year | 42 | €195,404 | €146,129 | -€49,275 | -25.2% |
| Trade debts | 44 | €50,362 | €903,771 | +€853,409 | +1,695% |
| Suppliers | 440/4 | €50,362 | €903,771 | +€853,409 | +1,695% |
| Taxes, remuneration and social security | 45 | €30,821 | €86,330 | +€55,509 | +180% |
| Taxes | 450/3 | €5,876 | €53,388 | +€47,512 | +809% |
| Remuneration and social security | 454/9 | €24,945 | €32,942 | +€7,997 | +32.1% |
| Other amounts payable | 47/48 | €37,750 | - | -€37,750 | |
| Non-recurring operating income | 76A | - | €197,097 | +€197,097 | |
| Remuneration, social security and pensions | 62 | €119,502 | €180,495 | +€60,993 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,011 | €254,810 | +€34,799 | +15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €52,912 | +€52,912 | |
| Other operating charges | 640/8 | €46,518 | €8,402 | -€38,117 | -81.9% |
| Non-recurring operating charges | 66A | €28,522 | €11,240 | -€17,283 | -60.6% |
| Gross operating margin | 9900 | €428,591 | €901,888 | +€473,297 | +110% |
| Operating profit (loss) | 9901 | €14,037 | €394,030 | +€379,992 | +2,707% |
| Financial income | 75/76B | €4,482 | €8,569 | +€4,087 | +91.2% |
| Recurring financial income | 75 | €4,482 | €8,569 | +€4,087 | +91.2% |
| Financial charges | 65/66B | €23,945 | €19,982 | -€3,963 | -16.6% |
| Recurring financial charges | 65 | €23,945 | €19,982 | -€3,963 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,426 | €382,617 | +€388,042 | |
| Transfer from deferred taxes | 780 | €1,742 | €1,742 | = | 0.0% |
| Income taxes | 67/77 | €4,466 | €79,388 | +€74,921 | +1,677% |
| Profit (loss) for the period | 9904 | -€8,150 | €304,971 | +€313,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,150 | €304,971 | +€313,121 |
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 22 October 2026 via checked.be.