CONCEPTMAKERS: 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.
CONCEPTMAKERS
Largest movements
- Receivables within one year -€25,086
down €25,086 (-19.9%), from €125,869 to €100,784
of which Trade receivables: -€28,261
- Cash -€10,103
down €10,103 (-97.7%), from €10,343 to €239
mainly Trade debts (-€52,674) and Net result for the year (-€19,113)
- Reserves -€159,632
down €159,632 (-76.1%), from €209,893 to €50,261
- Profit (loss) carried forward +€140,519
up €140,519, from -€140,519 to €0
- Trade debts -€52,674
down €52,674 (-66.5%), from €79,237 to €26,563
- Other debts +€25,000
up €25,000, from €0 to €25,000
- Short-term financial debts +€16,601
new in 2025: €16,601
- Gross operating margin -€25,504
down €25,504, from €11,635 to -€13,870
- Other operating charges -€1,327
down €1,327 (-53.2%), from €2,495 to €1,168
- Financial charges -€1,282
down €1,282 (-64.4%), from €1,992 to €710
- Depreciation +€503
up €503 (+17.6%), from €2,863 to €3,366
- Financial income -€143
down €143 (-99.6%), from €144 to €1
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 | €183,920 | €147,670 | -€36,251 | -19.7% |
| Fixed assets | 21/28 | €47,709 | €46,647 | -€1,062 | -2.2% |
| Tangible fixed assets | 22/27 | €47,584 | €46,522 | -€1,062 | -2.2% |
| Land and buildings | 22 | €46,817 | €45,468 | -€1,349 | -2.9% |
| Furniture and vehicles | 24 | €767 | €1,054 | +€287 | +37.5% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €136,212 | €101,023 | -€35,189 | -25.8% |
| Amounts receivable within one year | 40/41 | €125,869 | €100,784 | -€25,086 | -19.9% |
| Trade receivables | 40 | €102,761 | €74,499 | -€28,261 | -27.5% |
| Other amounts receivable | 41 | €23,108 | €26,284 | +€3,176 | +13.7% |
| Cash at bank and in hand | 54/58 | €10,343 | €239 | -€10,103 | -97.7% |
| Total equity and liabilities | 10/49 | €183,920 | €147,670 | -€36,251 | -19.7% |
| Equity | 10/15 | €87,974 | €68,861 | -€19,113 | -21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €209,893 | €50,261 | -€159,632 | -76.1% |
| Distributable reserves | 133 | €209,893 | €50,261 | -€159,632 | -76.1% |
| Profit (loss) carried forward | 14 | -€140,519 | €0 | +€140,519 | |
| Amounts payable | 17/49 | €95,947 | €78,809 | -€17,138 | -17.9% |
| Amounts payable within one year | 42/48 | €95,947 | €77,779 | -€18,168 | -18.9% |
| Financial debts | 43 | - | €16,601 | +€16,601 | |
| Credit institutions | 430/8 | - | €16,601 | +€16,601 | |
| Trade debts | 44 | €79,237 | €26,563 | -€52,674 | -66.5% |
| Suppliers | 440/4 | €79,237 | €26,563 | -€52,674 | -66.5% |
| Taxes, remuneration and social security | 45 | €16,710 | €9,614 | -€7,096 | -42.5% |
| Taxes | 450/3 | €16,710 | €9,614 | -€7,096 | -42.5% |
| Other amounts payable | 47/48 | €0 | €25,000 | +€25,000 | |
| Accrued charges and deferred income | 492/3 | - | €1,030 | +€1,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,863 | €3,366 | +€503 | +17.6% |
| Other operating charges | 640/8 | €2,495 | €1,168 | -€1,327 | -53.2% |
| Gross operating margin | 9900 | €11,635 | -€13,870 | -€25,504 | |
| Operating profit (loss) | 9901 | €6,277 | -€18,404 | -€24,681 | |
| Financial income | 75/76B | €144 | €1 | -€143 | -99.6% |
| Recurring financial income | 75 | €144 | €1 | -€143 | -99.6% |
| Financial charges | 65/66B | €1,992 | €710 | -€1,282 | -64.4% |
| Recurring financial charges | 65 | €1,992 | €710 | -€1,282 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €4,429 | -€19,113 | -€23,542 | |
| Profit (loss) for the period | 9904 | €4,429 | -€19,113 | -€23,542 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,429 | -€19,113 | -€23,542 |
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.