CONCERTIM: 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.
CONCERTIM
Largest movements
- Cash +€46,926
up €46,926 (+385%), from €12,198 to €59,124
mainly Other debts (+€51,400) and Depreciation (+€26,375)
- Tangible fixed assets -€21,965
down €21,965 (-6.5%), from €337,057 to €315,092
of which Land and buildings: -€21,461
- Receivables within one year -€8,136
down €8,136 (-60.6%), from €13,422 to €5,286
of which Trade receivables: -€11,300
- Other debts +€51,400
up €51,400 (+500%), from €10,289 to €61,689
- Current portion of long-term debt -€20,399
no longer reported in 2025 (was €20,399)
- Tax, wage and social debts -€8,038
no longer reported in 2025 (was €8,038)
- Profit (loss) carried forward -€5,810
down €5,810, from €3 to -€5,808
- Gross operating margin -€30,009
down €30,009 (-51.8%), from €57,971 to €27,962
- Taxes -€8,038
no longer reported in 2025 (was €8,038)
- Depreciation -€3,668
down €3,668 (-12.2%), from €30,043 to €26,375
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 | €364,625 | €381,463 | +€16,837 | +4.6% |
| Fixed assets | 21/28 | €337,057 | €315,092 | -€21,965 | -6.5% |
| Tangible fixed assets | 22/27 | €337,057 | €315,092 | -€21,965 | -6.5% |
| Land and buildings | 22 | €334,417 | €312,956 | -€21,461 | -6.4% |
| Plant, machinery and equipment | 23 | €340 | - | -€340 | |
| Furniture and vehicles | 24 | €2,300 | €2,136 | -€164 | -7.1% |
| Current assets | 29/58 | €27,569 | €66,371 | +€38,802 | +141% |
| Amounts receivable within one year | 40/41 | €13,422 | €5,286 | -€8,136 | -60.6% |
| Trade receivables | 40 | €11,300 | - | -€11,300 | |
| Other amounts receivable | 41 | €2,122 | €5,286 | +€3,164 | +149% |
| Cash at bank and in hand | 54/58 | €12,198 | €59,124 | +€46,926 | +385% |
| Deferred charges and accrued income | 490/1 | €1,949 | €1,961 | +€12 | +0.6% |
| Total equity and liabilities | 10/49 | €364,625 | €381,463 | +€16,837 | +4.6% |
| Equity | 10/15 | €321,114 | €315,303 | -€5,810 | -1.8% |
| Contributions | 10/11 | €137,500 | €137,500 | = | 0.0% |
| Reserves | 13 | €183,611 | €183,611 | = | 0.0% |
| Distributable reserves | 133 | €183,611 | €183,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3 | -€5,808 | -€5,810 | |
| Amounts payable | 17/49 | €43,512 | €66,159 | +€22,648 | +52.0% |
| Amounts payable after more than one year | 17 | €3,960 | €3,960 | = | 0.0% |
| Other amounts payable | 178/9 | €3,960 | €3,960 | = | 0.0% |
| Amounts payable within one year | 42/48 | €39,552 | €62,199 | +€22,648 | +57.3% |
| Current portion of amounts payable after more than one year | 42 | €20,399 | - | -€20,399 | |
| Trade debts | 44 | €826 | €511 | -€315 | -38.2% |
| Suppliers | 440/4 | €826 | €511 | -€315 | -38.2% |
| Taxes, remuneration and social security | 45 | €8,038 | - | -€8,038 | |
| Taxes | 450/3 | €8,038 | - | -€8,038 | |
| Other amounts payable | 47/48 | €10,289 | €61,689 | +€51,400 | +500% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,043 | €26,375 | -€3,668 | -12.2% |
| Other operating charges | 640/8 | €6,567 | €6,966 | +€400 | +6.1% |
| Gross operating margin | 9900 | €57,971 | €27,962 | -€30,009 | -51.8% |
| Operating profit (loss) | 9901 | €21,361 | -€5,380 | -€26,740 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €645 | €431 | -€214 | -33.1% |
| Recurring financial charges | 65 | €645 | €431 | -€214 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €20,716 | -€5,810 | -€26,527 | |
| Income taxes | 67/77 | €8,038 | - | -€8,038 | |
| Profit (loss) for the period | 9904 | €12,678 | -€5,810 | -€18,488 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,678 | -€5,810 | -€18,488 |
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 20 October 2026 via checked.be.