CONCERTO EUROPE: 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.
CONCERTO EUROPE
Largest movements
- Current investments +€84,921
up €84,921 (+178%), from €47,578 to €132,499
- Cash -€68,103
down €68,103 (-52.9%), from €128,856 to €60,753
mainly Current investments (-€84,921) and Receivables within one year (-€7,035)
- Receivables within one year +€7,035
up €7,035 (+39.4%), from €17,875 to €24,910
of which Trade receivables: +€7,752
- Reserves +€26,000
up €26,000 (+56.7%), from €45,860 to €71,860
- Trade debts -€5,050
down €5,050 (-53.2%), from €9,494 to €4,444
- Tax, wage and social debts +€3,525
up €3,525 (+58.0%), from €6,078 to €9,602
- Gross operating margin +€9,137
up €9,137 (+24.6%), from €37,206 to €46,343
- Taxes +€3,912
up €3,912 (+41.3%), from €9,465 to €13,378
- Financial income -€742
down €742 (-63.1%), from €1,175 to €433
- Financial charges +€649
up €649 (+96.2%), from €675 to €1,324
- Depreciation +€582
up €582 (+61.0%), from €954 to €1,537
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 | €199,590 | €224,687 | +€25,096 | +12.6% |
| Fixed assets | 21/28 | €5,128 | €6,448 | +€1,319 | +25.7% |
| Tangible fixed assets | 22/27 | €4,858 | €6,178 | +€1,319 | +27.2% |
| Furniture and vehicles | 24 | €3,395 | €4,871 | +€1,476 | +43.5% |
| Other tangible fixed assets | 26 | €1,463 | €1,307 | -€157 | -10.7% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €194,462 | €218,239 | +€23,777 | +12.2% |
| Amounts receivable within one year | 40/41 | €17,875 | €24,910 | +€7,035 | +39.4% |
| Trade receivables | 40 | €12,111 | €19,863 | +€7,752 | +64.0% |
| Other amounts receivable | 41 | €5,764 | €5,047 | -€717 | -12.4% |
| Current investments | 50/53 | €47,578 | €132,499 | +€84,921 | +178% |
| Cash at bank and in hand | 54/58 | €128,856 | €60,753 | -€68,103 | -52.9% |
| Deferred charges and accrued income | 490/1 | €153 | €77 | -€76 | -49.7% |
| Total equity and liabilities | 10/49 | €199,590 | €224,687 | +€25,096 | +12.6% |
| Equity | 10/15 | €184,018 | €210,640 | +€26,622 | +14.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,860 | €71,860 | +€26,000 | +56.7% |
| Distributable reserves | 133 | €45,860 | €71,860 | +€26,000 | +56.7% |
| Profit (loss) carried forward | 14 | €131,958 | €132,580 | +€622 | +0.5% |
| Amounts payable | 17/49 | €15,572 | €14,046 | -€1,525 | -9.8% |
| Amounts payable within one year | 42/48 | €15,572 | €14,046 | -€1,525 | -9.8% |
| Trade debts | 44 | €9,494 | €4,444 | -€5,050 | -53.2% |
| Suppliers | 440/4 | €9,494 | €4,444 | -€5,050 | -53.2% |
| Taxes, remuneration and social security | 45 | €6,078 | €9,602 | +€3,525 | +58.0% |
| Taxes | 450/3 | €6,078 | €9,602 | +€3,525 | +58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €954 | €1,537 | +€582 | +61.0% |
| Other operating charges | 640/8 | €4,397 | €3,916 | -€481 | -10.9% |
| Gross operating margin | 9900 | €37,206 | €46,343 | +€9,137 | +24.6% |
| Operating profit (loss) | 9901 | €31,855 | €40,890 | +€9,036 | +28.4% |
| Financial income | 75/76B | €1,175 | €433 | -€742 | -63.1% |
| Recurring financial income | 75 | €1,175 | €433 | -€742 | -63.1% |
| Financial charges | 65/66B | €675 | €1,324 | +€649 | +96.2% |
| Recurring financial charges | 65 | €675 | €1,324 | +€649 | +96.2% |
| Profit (loss) for the period before taxes | 9903 | €32,354 | €39,999 | +€7,645 | +23.6% |
| Income taxes | 67/77 | €9,465 | €13,378 | +€3,912 | +41.3% |
| Profit (loss) for the period | 9904 | €22,889 | €26,622 | +€3,733 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,889 | €26,622 | +€3,733 | +16.3% |
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 27 October 2026 via checked.be.