CONCIPIENDI: 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.
CONCIPIENDI
Largest movements
- Receivables within one year -€9,815
down €9,815 (-78.7%), from €12,471 to €2,656
of which Trade receivables: -€9,686
- Cash -€1,876
down €1,876 (-55.4%), from €3,386 to €1,510
mainly Other debts (-€24,120) and Trade debts (-€699)
- Other debts -€24,120
down €24,120 (-96.4%), from €25,029 to €909
- Reserves +€12,307
up €12,307 (+13.8%), from €89,027 to €101,334
of which Distributable reserves: +€11,692
- Gross operating margin +€2,705
up €2,705 (+17.4%), from €15,565 to €18,270
- Taxes +€925
up €925 (+28.2%), from €3,277 to €4,202
- Financial charges -€712
down €712 (-36.4%), from €1,953 to €1,242
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 | €178,642 | €166,951 | -€11,691 | -6.5% |
| Fixed assets | 21/28 | €162,785 | €162,785 | = | 0.0% |
| Tangible fixed assets | 22/27 | €162,785 | €162,785 | = | 0.0% |
| Plant, machinery and equipment | 23 | €162,785 | €162,785 | = | 0.0% |
| Current assets | 29/58 | €15,858 | €4,167 | -€11,691 | -73.7% |
| Amounts receivable within one year | 40/41 | €12,471 | €2,656 | -€9,815 | -78.7% |
| Trade receivables | 40 | €12,342 | €2,656 | -€9,686 | -78.5% |
| Other amounts receivable | 41 | €129 | - | -€129 | |
| Cash at bank and in hand | 54/58 | €3,386 | €1,510 | -€1,876 | -55.4% |
| Total equity and liabilities | 10/49 | €178,642 | €166,951 | -€11,691 | -6.5% |
| Equity | 10/15 | €151,027 | €163,334 | +€12,307 | +8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €89,027 | €101,334 | +€12,307 | +13.8% |
| Non-distributable reserves | 130/1 | €4,976 | €5,591 | +€615 | +12.4% |
| Legal reserve | 130 | €4,976 | €5,591 | +€615 | +12.4% |
| Distributable reserves | 133 | €84,051 | €95,743 | +€11,692 | +13.9% |
| Amounts payable | 17/49 | €27,615 | €3,617 | -€23,998 | -86.9% |
| Amounts payable within one year | 42/48 | €27,182 | €3,571 | -€23,611 | -86.9% |
| Trade debts | 44 | €1,167 | €469 | -€699 | -59.9% |
| Suppliers | 440/4 | €1,167 | €469 | -€699 | -59.9% |
| Taxes, remuneration and social security | 45 | €986 | €2,193 | +€1,207 | +122% |
| Taxes | 450/3 | €986 | €2,193 | +€1,207 | +122% |
| Other amounts payable | 47/48 | €25,029 | €909 | -€24,120 | -96.4% |
| Accrued charges and deferred income | 492/3 | €434 | €46 | -€387 | -89.3% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €15,565 | €18,270 | +€2,705 | +17.4% |
| Operating profit (loss) | 9901 | €15,059 | €17,750 | +€2,691 | +17.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,953 | €1,242 | -€712 | -36.4% |
| Recurring financial charges | 65 | €1,953 | €1,242 | -€712 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €13,106 | €16,509 | +€3,403 | +26.0% |
| Income taxes | 67/77 | €3,277 | €4,202 | +€925 | +28.2% |
| Profit (loss) for the period | 9904 | €9,830 | €12,307 | +€2,477 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,830 | €12,307 | +€2,477 | +25.2% |
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 18 October 2026 via checked.be.