CONCEPT4U2: 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.
CONCEPT4U2
Largest movements
- Receivables within one year -€25,255
down €25,255 (-68.5%), from €36,882 to €11,627
of which Trade receivables: -€26,040
- Tangible fixed assets -€17,443
down €17,443 (-34.2%), from €50,974 to €33,531
of which Furniture and vehicles: -€16,805
- Deferred charges and accrued income -€2,217
down €2,217 (-71.1%), from €3,117 to €900
- Profit (loss) carried forward -€29,444
down €29,444 (-70.1%), from €42,031 to €12,587
- Debts after one year -€12,137
no longer reported in 2025 (was €12,137)
- Other debts +€4,230
up €4,230 (+87.0%), from €4,860 to €9,089
- Trade debts -€3,245
down €3,245 (-67.9%), from €4,780 to €1,535
- Current portion of long-term debt -€2,421
down €2,421 (-14.9%), from €16,294 to €13,872
- Gross operating margin -€21,516
down €21,516, from €12,130 to -€9,387
- Depreciation -€1,383
down €1,383 (-7.3%), from €18,825 to €17,443
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,122 | €46,208 | -€44,915 | -49.3% |
| Fixed assets | 21/28 | €51,124 | €33,681 | -€17,443 | -34.1% |
| Tangible fixed assets | 22/27 | €50,974 | €33,531 | -€17,443 | -34.2% |
| Plant, machinery and equipment | 23 | €819 | €520 | -€299 | -36.5% |
| Furniture and vehicles | 24 | €49,151 | €32,346 | -€16,805 | -34.2% |
| Other tangible fixed assets | 26 | €1,004 | €665 | -€339 | -33.7% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €39,999 | €12,527 | -€27,472 | -68.7% |
| Amounts receivable within one year | 40/41 | €36,882 | €11,627 | -€25,255 | -68.5% |
| Trade receivables | 40 | €26,917 | €877 | -€26,040 | -96.7% |
| Other amounts receivable | 41 | €9,965 | €10,750 | +€785 | +7.9% |
| Deferred charges and accrued income | 490/1 | €3,117 | €900 | -€2,217 | -71.1% |
| Total equity and liabilities | 10/49 | €91,122 | €46,208 | -€44,915 | -49.3% |
| Equity | 10/15 | €50,091 | €20,647 | -€29,444 | -58.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,031 | €12,587 | -€29,444 | -70.1% |
| Amounts payable | 17/49 | €41,032 | €25,561 | -€15,471 | -37.7% |
| Amounts payable after more than one year | 17 | €12,137 | - | -€12,137 | |
| Financial debts | 170/4 | €12,137 | - | -€12,137 | |
| Amounts payable within one year | 42/48 | €28,894 | €25,561 | -€3,334 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €16,294 | €13,872 | -€2,421 | -14.9% |
| Financial debts | 43 | €1,939 | €1,065 | -€875 | -45.1% |
| Credit institutions | 430/8 | €1,939 | €1,065 | -€875 | -45.1% |
| Trade debts | 44 | €4,780 | €1,535 | -€3,245 | -67.9% |
| Suppliers | 440/4 | €4,780 | €1,535 | -€3,245 | -67.9% |
| Taxes, remuneration and social security | 45 | €1,022 | - | -€1,022 | |
| Taxes | 450/3 | €1,022 | - | -€1,022 | |
| Other amounts payable | 47/48 | €4,860 | €9,089 | +€4,230 | +87.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,825 | €17,443 | -€1,383 | -7.3% |
| Other operating charges | 640/8 | €556 | €523 | -€33 | -5.9% |
| Gross operating margin | 9900 | €12,130 | -€9,387 | -€21,516 | |
| Operating profit (loss) | 9901 | -€7,252 | -€27,353 | -€20,101 | -277.2% |
| Financial charges | 65/66B | €1,817 | €1,906 | +€89 | +4.9% |
| Recurring financial charges | 65 | €1,817 | €1,906 | +€89 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,069 | -€29,258 | -€20,190 | -222.6% |
| Income taxes | 67/77 | €199 | €185 | -€14 | -6.9% |
| Profit (loss) for the period | 9904 | -€9,268 | -€29,444 | -€20,176 | -217.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,268 | -€29,444 | -€20,176 | -217.7% |
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 2 October 2026 via checked.be.