CONCEPTEO: 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.
CONCEPTEO
Largest movements
- Tangible fixed assets +€166,404
up €166,404 (+4233.0%), from €3,931 to €170,335
of which Land and buildings: +€162,426
- Receivables within one year -€46,235
down €46,235 (-50.9%), from €90,869 to €44,634
of which Trade receivables: -€62,766
- Cash -€28,289
down €28,289 (-53.0%), from €53,412 to €25,123
mainly Investment in fixed assets (net) (-€169,141) and Trade debts (-€64,014)
- Debts after one year +€140,000
new in 2025: €140,000
- Trade debts -€64,014
down €64,014 (-92.5%), from €69,213 to €5,199
- Profit (loss) carried forward +€22,134
up €22,134 (+46.1%), from €48,013 to €70,147
- Advances received -€10,451
no longer reported in 2025 (was €10,451)
- Current portion of long-term debt +€8,938
new in 2025: €8,938
- Gross operating margin -€28,212
down €28,212 (-43.9%), from €64,249 to €36,037
- Taxes -€5,678
down €5,678 (-46.5%), from €12,209 to €6,532
- Other operating charges +€2,701
up €2,701 (+1605.7%), from €168 to €2,869
- Financial charges +€1,830
up €1,830 (+981.4%), from €186 to €2,016
- Depreciation -€1,214
down €1,214 (-30.7%), from €3,951 to €2,737
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 | €148,613 | €240,493 | +€91,880 | +61.8% |
| Fixed assets | 21/28 | €4,331 | €170,735 | +€166,404 | +3842.0% |
| Tangible fixed assets | 22/27 | €3,931 | €170,335 | +€166,404 | +4233.0% |
| Land and buildings | 22 | - | €162,426 | +€162,426 | |
| Plant, machinery and equipment | 23 | - | €5,795 | +€5,795 | |
| Furniture and vehicles | 24 | €3,931 | €2,115 | -€1,816 | -46.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €144,282 | €69,758 | -€74,524 | -51.7% |
| Amounts receivable within one year | 40/41 | €90,869 | €44,634 | -€46,235 | -50.9% |
| Trade receivables | 40 | €88,517 | €25,751 | -€62,766 | -70.9% |
| Other amounts receivable | 41 | €2,353 | €18,883 | +€16,531 | +702.7% |
| Cash at bank and in hand | 54/58 | €53,412 | €25,123 | -€28,289 | -53.0% |
| Total equity and liabilities | 10/49 | €148,613 | €240,493 | +€91,880 | +61.8% |
| Equity | 10/15 | €52,013 | €74,147 | +€22,134 | +42.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,013 | €70,147 | +€22,134 | +46.1% |
| Amounts payable | 17/49 | €96,600 | €166,346 | +€69,746 | +72.2% |
| Amounts payable after more than one year | 17 | - | €140,000 | +€140,000 | |
| Financial debts | 170/4 | - | €140,000 | +€140,000 | |
| Amounts payable within one year | 42/48 | €96,600 | €26,346 | -€70,254 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | - | €8,938 | +€8,938 | |
| Trade debts | 44 | €69,213 | €5,199 | -€64,014 | -92.5% |
| Suppliers | 440/4 | €69,213 | €5,199 | -€64,014 | -92.5% |
| Advances received on contracts in progress | 46 | €10,451 | - | -€10,451 | |
| Taxes, remuneration and social security | 45 | €16,936 | €12,209 | -€4,727 | -27.9% |
| Taxes | 450/3 | €16,936 | €12,209 | -€4,727 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,951 | €2,737 | -€1,214 | -30.7% |
| Other operating charges | 640/8 | €168 | €2,869 | +€2,701 | +1605.7% |
| Gross operating margin | 9900 | €64,249 | €36,037 | -€28,212 | -43.9% |
| Operating profit (loss) | 9901 | €60,130 | €30,431 | -€29,699 | -49.4% |
| Financial income | 75/76B | €279 | €251 | -€28 | -10.1% |
| Recurring financial income | 75 | €279 | €251 | -€28 | -10.1% |
| Financial charges | 65/66B | €186 | €2,016 | +€1,830 | +981.4% |
| Recurring financial charges | 65 | €186 | €2,016 | +€1,830 | +981.4% |
| Profit (loss) for the period before taxes | 9903 | €60,222 | €28,665 | -€31,557 | -52.4% |
| Income taxes | 67/77 | €12,209 | €6,532 | -€5,678 | -46.5% |
| Profit (loss) for the period | 9904 | €48,013 | €22,134 | -€25,879 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,013 | €22,134 | -€25,879 | -53.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.