CONCOR GROUP: 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.
CONCOR GROUP
Largest movements
- Current investments +€65,000
new in 2025: €65,000
- Cash -€40,684
down €40,684 (-97.7%), from €41,626 to €942
mainly Current investments (-€65,000) and Tax, wage and social debts (-€40,789)
- Receivables after one year -€19,250
down €19,250 (-100.0%), from €19,250 to €0
- Receivables within one year -€17,601
down €17,601 (-18.6%), from €94,727 to €77,126
of which Other amounts receivable: -€94,576
- Tax, wage and social debts -€40,789
down €40,789 (-85.3%), from €47,818 to €7,029
- Reserves +€29,673
up €29,673 (+9.0%), from €330,553 to €360,226
of which Distributable reserves: +€29,673
- Gross operating margin -€12,435
down €12,435 (-11.2%), from €111,148 to €98,713
- Taxes -€2,099
down €2,099 (-7.9%), from €26,510 to €24,411
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 | €427,096 | €411,791 | -€15,305 | -3.6% |
| Fixed assets | 21/28 | €271,012 | €268,723 | -€2,289 | -0.8% |
| Tangible fixed assets | 22/27 | €21,719 | €19,430 | -€2,289 | -10.5% |
| Plant, machinery and equipment | 23 | €8,385 | €10,613 | +€2,228 | +26.6% |
| Furniture and vehicles | 24 | €3,872 | €1,900 | -€1,972 | -50.9% |
| Other tangible fixed assets | 26 | €9,463 | €6,918 | -€2,545 | -26.9% |
| Financial fixed assets | 28 | €249,293 | €249,293 | = | 0.0% |
| Current assets | 29/58 | €156,084 | €143,068 | -€13,016 | -8.3% |
| Amounts receivable after more than one year | 29 | €19,250 | €0 | -€19,250 | -100.0% |
| Other amounts receivable | 291 | €19,250 | €0 | -€19,250 | -100.0% |
| Amounts receivable within one year | 40/41 | €94,727 | €77,126 | -€17,601 | -18.6% |
| Trade receivables | 40 | €151 | €77,126 | +€76,975 | +50976.8% |
| Other amounts receivable | 41 | €94,576 | €0 | -€94,576 | -100.0% |
| Current investments | 50/53 | - | €65,000 | +€65,000 | |
| Cash at bank and in hand | 54/58 | €41,626 | €942 | -€40,684 | -97.7% |
| Deferred charges and accrued income | 490/1 | €481 | €0 | -€481 | -100.0% |
| Total equity and liabilities | 10/49 | €427,096 | €411,791 | -€15,305 | -3.6% |
| Equity | 10/15 | €351,013 | €380,686 | +€29,673 | +8.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €330,553 | €360,226 | +€29,673 | +9.0% |
| Tax-exempt reserves | 132 | €101,649 | €101,649 | = | 0.0% |
| Distributable reserves | 133 | €228,904 | €258,577 | +€29,673 | +13.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €76,083 | €31,106 | -€44,978 | -59.1% |
| Amounts payable within one year | 42/48 | €76,083 | €31,106 | -€44,978 | -59.1% |
| Trade debts | 44 | €28,265 | €24,077 | -€4,188 | -14.8% |
| Suppliers | 440/4 | €28,265 | €24,077 | -€4,188 | -14.8% |
| Taxes, remuneration and social security | 45 | €47,818 | €7,029 | -€40,789 | -85.3% |
| Taxes | 450/3 | €47,818 | €7,029 | -€40,789 | -85.3% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,326 | €7,152 | +€827 | +13.1% |
| Other operating charges | 640/8 | €738 | €465 | -€273 | -36.9% |
| Non-recurring operating charges | 66A | - | €52 | +€52 | |
| Gross operating margin | 9900 | €111,148 | €98,713 | -€12,435 | -11.2% |
| Operating profit (loss) | 9901 | €104,085 | €91,043 | -€13,042 | -12.5% |
| Financial income | 75/76B | €69 | €1,146 | +€1,077 | +1552.5% |
| Recurring financial income | 75 | €69 | €1,146 | +€1,077 | +1552.5% |
| Financial charges | 65/66B | €290 | €487 | +€197 | +67.8% |
| Recurring financial charges | 65 | €290 | €487 | +€197 | +67.8% |
| Profit (loss) for the period before taxes | 9903 | €103,864 | €91,702 | -€12,162 | -11.7% |
| Income taxes | 67/77 | €26,510 | €24,411 | -€2,099 | -7.9% |
| Profit (loss) for the period | 9904 | €77,354 | €67,291 | -€10,063 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,354 | €67,291 | -€10,063 | -13.0% |
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 7 October 2026 via checked.be.