CONCORDE 68: 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.
CONCORDE 68
Largest movements
- Tangible fixed assets -€80,767
down €80,767 (-6.2%), from €1.3m to €1.2m
of which Land and buildings: -€80,011
- Debts after one year -€106,022
down €106,022 (-10.7%), from €994,577 to €888,555
- Profit (loss) carried forward +€24,807
up €24,807 (+3.6%), from -€681,793 to -€656,986
- Taxes -€5,965
down €5,965 (-100.0%), from €5,965 to €0
- Financial charges -€3,974
down €3,974 (-11.1%), from €35,854 to €31,880
- Gross operating margin +€2,088
up €2,088 (+1.4%), from €147,075 to €149,163
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 | €1,875,789 | €1,797,517 | -€78,272 | -4.2% |
| Fixed assets | 21/28 | €1,847,858 | €1,767,091 | -€80,767 | -4.4% |
| Tangible fixed assets | 22/27 | €1,304,342 | €1,223,575 | -€80,767 | -6.2% |
| Land and buildings | 22 | €1,300,622 | €1,220,612 | -€80,011 | -6.2% |
| Plant, machinery and equipment | 23 | €2,725 | €2,228 | -€497 | -18.2% |
| Furniture and vehicles | 24 | €994 | €735 | -€259 | -26.1% |
| Financial fixed assets | 28 | €543,516 | €543,516 | = | 0.0% |
| Current assets | 29/58 | €27,931 | €30,426 | +€2,495 | +8.9% |
| Amounts receivable within one year | 40/41 | €24,000 | €24,000 | = | 0.0% |
| Other amounts receivable | 41 | €24,000 | €24,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,815 | €5,277 | +€2,462 | +87.5% |
| Deferred charges and accrued income | 490/1 | €1,116 | €1,149 | +€33 | +3.0% |
| Total equity and liabilities | 10/49 | €1,875,789 | €1,797,517 | -€78,272 | -4.2% |
| Equity | 10/15 | €480,027 | €504,834 | +€24,807 | +5.2% |
| Contributions | 10/11 | €1,161,820 | €1,161,820 | = | 0.0% |
| Capital | 10 | €1,161,820 | €1,161,820 | = | 0.0% |
| Issued capital | 100 | €1,161,820 | €1,161,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€681,793 | -€656,986 | +€24,807 | +3.6% |
| Amounts payable | 17/49 | €1,395,762 | €1,292,683 | -€103,079 | -7.4% |
| Amounts payable after more than one year | 17 | €994,577 | €888,555 | -€106,022 | -10.7% |
| Financial debts | 170/4 | €994,577 | €888,555 | -€106,022 | -10.7% |
| Amounts payable within one year | 42/48 | €371,604 | €377,315 | +€5,712 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €103,793 | €106,024 | +€2,231 | +2.1% |
| Trade debts | 44 | €5,885 | €5,385 | -€500 | -8.5% |
| Suppliers | 440/4 | €5,885 | €5,385 | -€500 | -8.5% |
| Other amounts payable | 47/48 | €261,926 | €265,906 | +€3,980 | +1.5% |
| Accrued charges and deferred income | 492/3 | €29,581 | €26,813 | -€2,768 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,762 | €80,767 | -€995 | -1.2% |
| Other operating charges | 640/8 | €11,524 | €12,079 | +€555 | +4.8% |
| Gross operating margin | 9900 | €147,075 | €149,163 | +€2,088 | +1.4% |
| Operating profit (loss) | 9901 | €53,789 | €56,317 | +€2,528 | +4.7% |
| Financial income | 75/76B | €18 | €370 | +€352 | +1954.5% |
| Recurring financial income | 75 | €18 | €370 | +€352 | +1954.5% |
| Financial charges | 65/66B | €35,854 | €31,880 | -€3,974 | -11.1% |
| Recurring financial charges | 65 | €35,854 | €31,880 | -€3,974 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €17,953 | €24,807 | +€6,854 | +38.2% |
| Income taxes | 67/77 | €5,965 | €0 | -€5,965 | -100.0% |
| Profit (loss) for the period | 9904 | €11,988 | €24,807 | +€12,819 | +106.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,988 | €24,807 | +€12,819 | +106.9% |
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 1 October 2026 via checked.be.