CONCORDIA PEER: 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.
CONCORDIA PEER
Largest movements
- Tangible fixed assets -€20,291
down €20,291 (-6.9%), from €295,801 to €275,510
of which Land and buildings: -€17,753
- Cash -€6,430
down €6,430 (-17.0%), from €37,796 to €31,366
mainly Debts after one year (-€49,260) and Trade debts (-€12,919)
- Receivables within one year -€6,264
down €6,264 (-53.4%), from €11,725 to €5,461
of which Trade receivables: -€8,428
- Debts after one year -€49,260
down €49,260 (-49.4%), from €99,682 to €50,422
- Reserves +€29,417
up €29,417 (+23.6%), from €124,811 to €154,228
- Trade debts -€12,919
down €12,919 (-64.3%), from €20,089 to €7,170
- Gross operating margin -€9,605
down €9,605 (-9.4%), from €101,818 to €92,213
- Financial charges -€2,496
down €2,496 (-30.6%), from €8,165 to €5,670
- Taxes -€1,832
down €1,832 (-10.5%), from €17,504 to €15,673
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 | €346,091 | €314,733 | -€31,358 | -9.1% |
| Fixed assets | 21/28 | €295,801 | €275,510 | -€20,291 | -6.9% |
| Tangible fixed assets | 22/27 | €295,801 | €275,510 | -€20,291 | -6.9% |
| Land and buildings | 22 | €292,078 | €274,325 | -€17,753 | -6.1% |
| Plant, machinery and equipment | 23 | €452 | - | -€452 | |
| Furniture and vehicles | 24 | €3,271 | €1,185 | -€2,086 | -63.8% |
| Current assets | 29/58 | €50,291 | €39,223 | -€11,067 | -22.0% |
| Amounts receivable within one year | 40/41 | €11,725 | €5,461 | -€6,264 | -53.4% |
| Trade receivables | 40 | €9,489 | €1,061 | -€8,428 | -88.8% |
| Other amounts receivable | 41 | €2,236 | €4,400 | +€2,164 | +96.8% |
| Cash at bank and in hand | 54/58 | €37,796 | €31,366 | -€6,430 | -17.0% |
| Deferred charges and accrued income | 490/1 | €770 | €2,396 | +€1,627 | +211% |
| Total equity and liabilities | 10/49 | €346,091 | €314,733 | -€31,358 | -9.1% |
| Equity | 10/15 | €143,411 | €172,828 | +€29,417 | +20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,811 | €154,228 | +€29,417 | +23.6% |
| Distributable reserves | 133 | €124,811 | €154,228 | +€29,417 | +23.6% |
| Amounts payable | 17/49 | €202,680 | €141,905 | -€60,775 | -30.0% |
| Amounts payable after more than one year | 17 | €99,682 | €50,422 | -€49,260 | -49.4% |
| Financial debts | 170/4 | €99,682 | €50,422 | -€49,260 | -49.4% |
| Amounts payable within one year | 42/48 | €102,998 | €91,483 | -€11,515 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €61,147 | €64,260 | +€3,113 | +5.1% |
| Trade debts | 44 | €20,089 | €7,170 | -€12,919 | -64.3% |
| Suppliers | 440/4 | €20,089 | €7,170 | -€12,919 | -64.3% |
| Taxes, remuneration and social security | 45 | €9,844 | €7,527 | -€2,318 | -23.5% |
| Taxes | 450/3 | €8,408 | €6,068 | -€2,341 | -27.8% |
| Remuneration and social security | 454/9 | €1,436 | €1,459 | +€23 | +1.6% |
| Other amounts payable | 47/48 | €11,918 | €12,527 | +€608 | +5.1% |
| Remuneration, social security and pensions | 62 | €16,262 | €15,674 | -€589 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,521 | €20,291 | -€230 | -1.1% |
| Other operating charges | 640/8 | €6,034 | €5,549 | -€485 | -8.0% |
| Gross operating margin | 9900 | €101,818 | €92,213 | -€9,605 | -9.4% |
| Operating profit (loss) | 9901 | €59,001 | €50,700 | -€8,301 | -14.1% |
| Financial income | 75/76B | €59 | €60 | +€2 | +2.7% |
| Recurring financial income | 75 | €59 | €60 | +€2 | +2.7% |
| Financial charges | 65/66B | €8,165 | €5,670 | -€2,496 | -30.6% |
| Recurring financial charges | 65 | €8,165 | €5,670 | -€2,496 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €50,894 | €45,090 | -€5,804 | -11.4% |
| Income taxes | 67/77 | €17,504 | €15,673 | -€1,832 | -10.5% |
| Profit (loss) for the period | 9904 | €33,390 | €29,417 | -€3,972 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,390 | €29,417 | -€3,972 | -11.9% |
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 26 October 2026 via checked.be.