Concorde 2.000: 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.
Concorde 2.000
Largest movements
- Receivables within one year +€27,764
up €27,764 (+61.7%), from €45,030 to €72,794
of which Other amounts receivable: +€21,733
- Tangible fixed assets -€3,331
down €3,331 (-41.2%), from €8,084 to €4,753
- Cash -€3,210
down €3,210 (-97.7%), from €3,287 to €77
mainly Receivables within one year (-€27,764) and Deferred charges and accrued income (-€414)
- Reserves +€9,931
up €9,931 (+58.3%), from €17,021 to €26,952
of which Distributable reserves: +€9,931
- Trade debts +€8,362
up €8,362 (+693%), from €1,206 to €9,569
- Tax, wage and social debts +€3,343
up €3,343 (+19.2%), from €17,382 to €20,726
- Gross operating margin -€23,015
down €23,015 (-54.6%), from €42,183 to €19,168
- Other operating charges -€14,725
down €14,725 (-90.1%), from €16,334 to €1,609
- Taxes -€5,578
down €5,578 (-44.8%), from €12,464 to €6,885
- Financial income +€2,784
up €2,784 (+497,080%), from €1 to €2,784
- Depreciation +€1,258
up €1,258 (+60.7%), from €2,073 to €3,331
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 | €56,754 | €78,391 | +€21,637 | +38.1% |
| Fixed assets | 21/28 | €8,084 | €4,753 | -€3,331 | -41.2% |
| Tangible fixed assets | 22/27 | €8,084 | €4,753 | -€3,331 | -41.2% |
| Furniture and vehicles | 24 | €8,084 | €4,753 | -€3,331 | -41.2% |
| Current assets | 29/58 | €48,670 | €73,638 | +€24,968 | +51.3% |
| Amounts receivable within one year | 40/41 | €45,030 | €72,794 | +€27,764 | +61.7% |
| Trade receivables | 40 | €4,246 | €10,276 | +€6,030 | +142% |
| Other amounts receivable | 41 | €40,784 | €62,517 | +€21,733 | +53.3% |
| Cash at bank and in hand | 54/58 | €3,287 | €77 | -€3,210 | -97.7% |
| Deferred charges and accrued income | 490/1 | €353 | €768 | +€414 | +117% |
| Total equity and liabilities | 10/49 | €56,754 | €78,391 | +€21,637 | +38.1% |
| Equity | 10/15 | €38,166 | €48,097 | +€9,931 | +26.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €17,021 | €26,952 | +€9,931 | +58.3% |
| Non-distributable reserves | 130/1 | €22 | €22 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22 | €22 | = | 0.0% |
| Distributable reserves | 133 | €16,999 | €26,930 | +€9,931 | +58.4% |
| Profit (loss) carried forward | 14 | €2,553 | €2,553 | = | 0.0% |
| Amounts payable | 17/49 | €18,589 | €30,294 | +€11,705 | +63.0% |
| Amounts payable within one year | 42/48 | €18,589 | €30,294 | +€11,705 | +63.0% |
| Trade debts | 44 | €1,206 | €9,569 | +€8,362 | +693% |
| Suppliers | 440/4 | €1,206 | €9,569 | +€8,362 | +693% |
| Taxes, remuneration and social security | 45 | €17,382 | €20,726 | +€3,343 | +19.2% |
| Taxes | 450/3 | €17,382 | €20,726 | +€3,343 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,073 | €3,331 | +€1,258 | +60.7% |
| Other operating charges | 640/8 | €16,334 | €1,609 | -€14,725 | -90.1% |
| Non-recurring operating charges | 66A | €644 | - | -€644 | |
| Gross operating margin | 9900 | €42,183 | €19,168 | -€23,015 | -54.6% |
| Operating profit (loss) | 9901 | €23,132 | €14,228 | -€8,904 | -38.5% |
| Financial income | 75/76B | €1 | €2,784 | +€2,784 | +497,080% |
| Recurring financial income | 75 | €1 | €2,784 | +€2,784 | +497,080% |
| Financial charges | 65/66B | €380 | €196 | -€184 | -48.3% |
| Recurring financial charges | 65 | €380 | €196 | -€184 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €22,753 | €16,816 | -€5,936 | -26.1% |
| Income taxes | 67/77 | €12,464 | €6,885 | -€5,578 | -44.8% |
| Profit (loss) for the period | 9904 | €10,289 | €9,931 | -€358 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,289 | €9,931 | -€358 | -3.5% |
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 19 October 2026 via checked.be.