CONCILIUM: 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.
CONCILIUM
Largest movements
- Cash +€37,300
up €37,300 (+41.7%), from €89,427 to €126,726
mainly Net result for the year (+€30,855) and Depreciation (+€5,374)
- Receivables within one year -€3,892
down €3,892 (-100.0%), from €3,892 to €0
of which Other amounts receivable: -€3,326
- Deferred charges and accrued income -€3,325
down €3,325 (-100.0%), from €3,325 to €0
- Tangible fixed assets -€3,100
down €3,100 (-9.7%), from €31,869 to €28,769
of which Other tangible fixed assets: -€3,863
- Reserves +€30,855
up €30,855 (+37.4%), from €82,563 to €113,417
- Debts after one year -€4,107
down €4,107 (-41.6%), from €9,862 to €5,755
- Accrued charges and deferred income -€3,806
down €3,806 (-100.0%), from €3,806 to €0
- Other debts +€2,111
new in 2025: €2,111
- Gross operating margin +€3,918
up €3,918 (+8.0%), from €49,265 to €53,183
- Taxes +€1,184
up €1,184 (+9.2%), from €12,903 to €14,086
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.
Cash bridge derived
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 | €129,923 | €157,243 | +€27,319 | +21.0% |
| Fixed assets | 21/28 | €32,994 | €29,894 | -€3,100 | -9.4% |
| Tangible fixed assets | 22/27 | €31,869 | €28,769 | -€3,100 | -9.7% |
| Plant, machinery and equipment | 23 | €3,225 | €3,988 | +€764 | +23.7% |
| Other tangible fixed assets | 26 | €28,644 | €24,781 | -€3,863 | -13.5% |
| Financial fixed assets | 28 | €1,125 | €1,125 | = | 0.0% |
| Current assets | 29/58 | €96,930 | €127,349 | +€30,419 | +31.4% |
| Stocks and contracts in progress | 3 | €285 | €622 | +€337 | +118.1% |
| Stocks | 30/36 | €285 | €622 | +€337 | +118.1% |
| Amounts receivable within one year | 40/41 | €3,892 | €0 | -€3,892 | -100.0% |
| Trade receivables | 40 | €567 | €0 | -€567 | -100.0% |
| Other amounts receivable | 41 | €3,326 | €0 | -€3,326 | -100.0% |
| Cash at bank and in hand | 54/58 | €89,427 | €126,726 | +€37,300 | +41.7% |
| Deferred charges and accrued income | 490/1 | €3,325 | €0 | -€3,325 | -100.0% |
| Total equity and liabilities | 10/49 | €129,923 | €157,243 | +€27,319 | +21.0% |
| Equity | 10/15 | €88,763 | €119,617 | +€30,855 | +34.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,563 | €113,417 | +€30,855 | +37.4% |
| Distributable reserves | 133 | €82,563 | €113,417 | +€30,855 | +37.4% |
| Amounts payable | 17/49 | €41,161 | €37,625 | -€3,536 | -8.6% |
| Amounts payable after more than one year | 17 | €9,862 | €5,755 | -€4,107 | -41.6% |
| Financial debts | 170/4 | €9,862 | €5,755 | -€4,107 | -41.6% |
| Amounts payable within one year | 42/48 | €27,493 | €31,871 | +€4,377 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €6,303 | €7,474 | +€1,171 | +18.6% |
| Trade debts | 44 | €1,947 | €1,880 | -€67 | -3.5% |
| Suppliers | 440/4 | €1,947 | €1,880 | -€67 | -3.5% |
| Taxes, remuneration and social security | 45 | €19,243 | €20,406 | +€1,163 | +6.0% |
| Taxes | 450/3 | €19,243 | €20,406 | +€1,163 | +6.0% |
| Other amounts payable | 47/48 | - | €2,111 | +€2,111 | |
| Accrued charges and deferred income | 492/3 | €3,806 | €0 | -€3,806 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,727 | €5,374 | -€354 | -6.2% |
| Other operating charges | 640/8 | €688 | €400 | -€288 | -41.9% |
| Non-recurring operating charges | 66A | - | €352 | +€352 | |
| Gross operating margin | 9900 | €49,265 | €53,183 | +€3,918 | +8.0% |
| Operating profit (loss) | 9901 | €42,850 | €47,058 | +€4,208 | +9.8% |
| Financial income | 75/76B | €197 | €88 | -€109 | -55.2% |
| Recurring financial income | 75 | €197 | €88 | -€109 | -55.2% |
| Financial charges | 65/66B | €2,453 | €2,205 | -€248 | -10.1% |
| Recurring financial charges | 65 | €2,453 | €2,205 | -€248 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €40,594 | €44,941 | +€4,348 | +10.7% |
| Income taxes | 67/77 | €12,903 | €14,086 | +€1,184 | +9.2% |
| Profit (loss) for the period | 9904 | €27,691 | €30,855 | +€3,164 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,691 | €30,855 | +€3,164 | +11.4% |
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 11 October 2026 via checked.be.