CONCERTATION: 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.
CONCERTATION
Largest movements
- Tangible fixed assets -€9,476
down €9,476 (-7.9%), from €120,087 to €110,611
- Cash +€8,729
up €8,729 (+71.1%), from €12,277 to €21,006
mainly Depreciation (+€9,476) and Net result for the year (+€3,297)
- Other debts -€5,136
down €5,136 (-6.4%), from €80,625 to €75,489
- Profit (loss) carried forward +€3,297
up €3,297 (+12.4%), from -€26,689 to -€23,392
- Purchases and services +€7,969
new in 2025: €7,969
- Turnover +€4,522
new in 2025: €4,522
- Gross operating margin +€1,208
up €1,208 (+7.3%), from €16,535 to €17,743
- Other operating charges +€535
up €535 (+12.4%), from €4,329 to €4,864
- Depreciation +€253
up €253 (+2.7%), from €9,223 to €9,476
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 | €134,165 | €132,376 | -€1,789 | -1.3% |
| Fixed assets | 21/28 | €120,087 | €110,611 | -€9,476 | -7.9% |
| Tangible fixed assets | 22/27 | €120,087 | €110,611 | -€9,476 | -7.9% |
| Land and buildings | 22 | €120,087 | €110,611 | -€9,476 | -7.9% |
| Current assets | 29/58 | €14,079 | €21,766 | +€7,687 | +54.6% |
| Stocks and contracts in progress | 3 | €1,740 | €703 | -€1,037 | -59.6% |
| Stocks | 30/36 | €1,740 | €703 | -€1,037 | -59.6% |
| Cash at bank and in hand | 54/58 | €12,277 | €21,006 | +€8,729 | +71.1% |
| Deferred charges and accrued income | 490/1 | €62 | €57 | -€5 | -8.1% |
| Total equity and liabilities | 10/49 | €134,165 | €132,376 | -€1,789 | -1.3% |
| Equity | 10/15 | €53,311 | €56,608 | +€3,297 | +6.2% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,689 | -€23,392 | +€3,297 | +12.4% |
| Amounts payable | 17/49 | €80,855 | €75,768 | -€5,086 | -6.3% |
| Amounts payable within one year | 42/48 | €80,855 | €75,768 | -€5,086 | -6.3% |
| Trade debts | 44 | €91 | €91 | = | 0.0% |
| Suppliers | 440/4 | €91 | €91 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €138 | €188 | +€50 | +35.9% |
| Taxes | 450/3 | €138 | €188 | +€50 | +35.9% |
| Other amounts payable | 47/48 | €80,625 | €75,489 | -€5,136 | -6.4% |
| Turnover | 70 | - | €4,522 | +€4,522 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €7,969 | +€7,969 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,223 | €9,476 | +€253 | +2.7% |
| Other operating charges | 640/8 | €4,329 | €4,864 | +€535 | +12.4% |
| Gross operating margin | 9900 | €16,535 | €17,743 | +€1,208 | +7.3% |
| Operating profit (loss) | 9901 | €2,983 | €3,403 | +€420 | +14.1% |
| Financial income | 75/76B | €92 | €17 | -€75 | -81.2% |
| Recurring financial income | 75 | €92 | €17 | -€75 | -81.2% |
| Financial charges | 65/66B | €121 | €118 | -€3 | -2.5% |
| Recurring financial charges | 65 | €121 | €118 | -€3 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €2,955 | €3,303 | +€348 | +11.8% |
| Income taxes | 67/77 | €28 | €5 | -€22 | -81.2% |
| Profit (loss) for the period | 9904 | €2,927 | €3,297 | +€371 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,927 | €3,297 | +€371 | +12.7% |
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 16 October 2026 via checked.be.