CONCEPTNATURE: 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.
CONCEPTNATURE
Largest movements
- Tangible fixed assets -€31,844
down €31,844 (-52.2%), from €61,062 to €29,218
of which Furniture and vehicles: -€21,280
- Cash +€18,681
up €18,681 (+42.9%), from €43,567 to €62,248
mainly Depreciation (+€31,844) and Other debts (+€20,455)
- Deferred charges and accrued income +€2,227
up €2,227 (+238%), from €934 to €3,161
- Other debts +€20,455
up €20,455 (+50.9%), from €40,175 to €60,631
- Profit (loss) carried forward -€17,331
down €17,331 (-17.7%), from -€98,038 to -€115,369
- Debts after one year -€7,836
down €7,836 (-46.4%), from €16,888 to €9,053
- Tax, wage and social debts -€4,289
down €4,289 (-33.7%), from €12,732 to €8,443
of which Taxes: -€5,915
- Gross operating margin +€82,604
up €82,604 (+174%), from €47,429 to €130,033
- Staff costs +€19,703
up €19,703 (+36.2%), from €54,427 to €74,130
- Depreciation -€6,031
down €6,031 (-15.9%), from €37,876 to €31,844
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 | €111,380 | €101,540 | -€9,841 | -8.8% |
| Fixed assets | 21/28 | €61,260 | €29,416 | -€31,844 | -52.0% |
| Tangible fixed assets | 22/27 | €61,062 | €29,218 | -€31,844 | -52.2% |
| Plant, machinery and equipment | 23 | €13,585 | €3,020 | -€10,565 | -77.8% |
| Furniture and vehicles | 24 | €47,477 | €26,198 | -€21,280 | -44.8% |
| Financial fixed assets | 28 | €198 | €198 | = | 0.0% |
| Current assets | 29/58 | €50,120 | €72,124 | +€22,004 | +43.9% |
| Amounts receivable within one year | 40/41 | €5,619 | €6,715 | +€1,096 | +19.5% |
| Trade receivables | 40 | €2,311 | €6,395 | +€4,084 | +177% |
| Other amounts receivable | 41 | €3,308 | €320 | -€2,988 | -90.3% |
| Cash at bank and in hand | 54/58 | €43,567 | €62,248 | +€18,681 | +42.9% |
| Deferred charges and accrued income | 490/1 | €934 | €3,161 | +€2,227 | +238% |
| Total equity and liabilities | 10/49 | €111,380 | €101,540 | -€9,841 | -8.8% |
| Equity | 10/15 | €23,089 | €5,758 | -€17,331 | -75.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,527 | €102,527 | = | 0.0% |
| Distributable reserves | 133 | €102,527 | €102,527 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,038 | -€115,369 | -€17,331 | -17.7% |
| Amounts payable | 17/49 | €88,291 | €95,782 | +€7,491 | +8.5% |
| Amounts payable after more than one year | 17 | €16,888 | €9,053 | -€7,836 | -46.4% |
| Financial debts | 170/4 | €16,888 | €9,053 | -€7,836 | -46.4% |
| Amounts payable within one year | 42/48 | €68,991 | €85,095 | +€16,103 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €8,335 | €7,836 | -€499 | -6.0% |
| Trade debts | 44 | €7,750 | €8,186 | +€436 | +5.6% |
| Suppliers | 440/4 | €7,750 | €8,186 | +€436 | +5.6% |
| Taxes, remuneration and social security | 45 | €12,732 | €8,443 | -€4,289 | -33.7% |
| Taxes | 450/3 | €10,939 | €5,025 | -€5,915 | -54.1% |
| Remuneration and social security | 454/9 | €1,792 | €3,418 | +€1,626 | +90.7% |
| Other amounts payable | 47/48 | €40,175 | €60,631 | +€20,455 | +50.9% |
| Accrued charges and deferred income | 492/3 | €2,412 | €1,635 | -€777 | -32.2% |
| Remuneration, social security and pensions | 62 | €54,427 | €74,130 | +€19,703 | +36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,876 | €31,844 | -€6,031 | -15.9% |
| Other operating charges | 640/8 | €1,071 | €1,243 | +€173 | +16.1% |
| Gross operating margin | 9900 | €47,429 | €130,033 | +€82,604 | +174% |
| Operating profit (loss) | 9901 | -€45,944 | €22,815 | +€68,759 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +373% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +373% |
| Financial charges | 65/66B | €40,644 | €39,967 | -€677 | -1.7% |
| Recurring financial charges | 65 | €40,644 | €39,967 | -€677 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€86,588 | -€17,151 | +€69,438 | +80.2% |
| Income taxes | 67/77 | €192 | €180 | -€12 | -6.1% |
| Profit (loss) for the period | 9904 | -€86,780 | -€17,331 | +€69,449 | +80.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,780 | -€17,331 | +€69,449 | +80.0% |
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 17 October 2026 via checked.be.