CONCO SYSTEMS: what changed
Two fiscal 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.
CONCO SYSTEMS
Largest movements
- Cash +€724,195
up €724,195 (+70.7%), from €1.0m to €1.7m
mainly Net result for the year (+€958,197) and Trade debts (+€304,408)
- Receivables within one year +€481,539
up €481,539 (+35.5%), from €1.4m to €1.8m
of which Trade receivables: +€461,785
- Tangible fixed assets +€57,897
up €57,897 (+35.5%), from €163,200 to €221,097
of which Furniture and vehicles: +€75,343
- Profit (loss) carried forward +€958,197
up €958,197 (+235.9%), from €406,254 to €1.4m
- Trade debts +€304,408
up €304,408 (+63.6%), from €478,977 to €783,384
- Gross operating margin +€779,832
up €779,832 (+33.1%), from €2.4m to €3.1m
- Staff costs +€242,879
up €242,879 (+16.6%), from €1.5m to €1.7m
- Financial charges +€135,668
up €135,668 (+410.3%), from €33,068 to €168,736
- Taxes +€118,779
up €118,779 (+51.4%), from €231,249 to €350,028
- Financial income +€107,824
up €107,824 (+7861.7%), from €1,372 to €109,195
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 | €2,688,799 | €3,963,450 | +€1.3m | +47.4% |
| Fixed assets | 21/28 | €166,994 | €224,890 | +€57,897 | +34.7% |
| Tangible fixed assets | 22/27 | €163,200 | €221,097 | +€57,897 | +35.5% |
| Plant, machinery and equipment | 23 | €150,747 | €133,301 | -€17,446 | -11.6% |
| Furniture and vehicles | 24 | €12,453 | €87,796 | +€75,343 | +605.0% |
| Financial fixed assets | 28 | €3,793 | €3,793 | = | 0.0% |
| Current assets | 29/58 | €2,521,805 | €3,738,560 | +€1.2m | +48.2% |
| Stocks and contracts in progress | 3 | €132,009 | €145,150 | +€13,142 | +10.0% |
| Stocks | 30/36 | €132,009 | €145,150 | +€13,142 | +10.0% |
| Amounts receivable within one year | 40/41 | €1,356,977 | €1,838,516 | +€481,539 | +35.5% |
| Trade receivables | 40 | €1,356,977 | €1,818,762 | +€461,785 | +34.0% |
| Other amounts receivable | 41 | - | €19,755 | +€19,755 | |
| Cash at bank and in hand | 54/58 | €1,024,727 | €1,748,921 | +€724,195 | +70.7% |
| Deferred charges and accrued income | 490/1 | €8,093 | €5,972 | -€2,121 | -26.2% |
| Total equity and liabilities | 10/49 | €2,688,799 | €3,963,450 | +€1.3m | +47.4% |
| Equity | 10/15 | €1,748,254 | €2,706,452 | +€958,197 | +54.8% |
| Contributions | 10/11 | €1,342,000 | €1,342,000 | = | 0.0% |
| Outside capital | 11 | €1,342,000 | €1,342,000 | = | 0.0% |
| Other | 1109/19 | €1,342,000 | €1,342,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €406,254 | €1,364,452 | +€958,197 | +235.9% |
| Amounts payable | 17/49 | €940,545 | €1,256,999 | +€316,454 | +33.6% |
| Amounts payable within one year | 42/48 | €940,545 | €1,248,515 | +€307,970 | +32.7% |
| Trade debts | 44 | €478,977 | €783,384 | +€304,408 | +63.6% |
| Suppliers | 440/4 | €478,977 | €783,384 | +€304,408 | +63.6% |
| Taxes, remuneration and social security | 45 | €461,568 | €465,130 | +€3,562 | +0.8% |
| Taxes | 450/3 | €246,463 | €214,670 | -€31,793 | -12.9% |
| Remuneration and social security | 454/9 | €215,104 | €250,460 | +€35,355 | +16.4% |
| Accrued charges and deferred income | 492/3 | - | €8,484 | +€8,484 | |
| Remuneration, social security and pensions | 62 | €1,459,468 | €1,702,347 | +€242,879 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,797 | €45,505 | +€16,708 | +58.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,057 | +€14,057 | |
| Other operating charges | 640/8 | €1,373 | €2,963 | +€1,590 | +115.9% |
| Gross operating margin | 9900 | €2,352,805 | €3,132,637 | +€779,832 | +33.1% |
| Operating profit (loss) | 9901 | €863,167 | €1,367,765 | +€504,598 | +58.5% |
| Financial income | 75/76B | €1,372 | €109,195 | +€107,824 | +7861.7% |
| Recurring financial income | 75 | €1,372 | €109,195 | +€107,824 | +7861.7% |
| Financial charges | 65/66B | €33,068 | €168,736 | +€135,668 | +410.3% |
| Recurring financial charges | 65 | €33,068 | €168,736 | +€135,668 | +410.3% |
| Profit (loss) for the period before taxes | 9903 | €831,471 | €1,308,225 | +€476,754 | +57.3% |
| Income taxes | 67/77 | €231,249 | €350,028 | +€118,779 | +51.4% |
| Profit (loss) for the period | 9904 | €600,222 | €958,197 | +€357,975 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €600,222 | €958,197 | +€357,975 | +59.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.