Concos: 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.
Concos
Largest movements
- Cash +€37,406
up €37,406 (+19.2%), from €194,833 to €232,239
mainly Net result for the year (+€76,010) and Depreciation (+€10,270)
- Receivables within one year +€19,606
up €19,606 (+114%), from €17,210 to €36,816
of which Trade receivables: +€18,829
- Tangible fixed assets -€8,610
down €8,610 (-22.6%), from €38,045 to €29,435
of which Furniture and vehicles: -€9,788
- Reserves +€50,989
up €50,989 (+17.5%), from €291,206 to €342,195
- Tax, wage and social debts -€9,223
down €9,223 (-73.6%), from €12,523 to €3,300
- Gross operating margin -€15,854
down €15,854 (-13.4%), from €118,419 to €102,565
- Financial income +€12,196
up €12,196 (+862%), from €1,415 to €13,611
- Taxes -€2,645
down €2,645 (-8.5%), from €30,951 to €28,306
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 | €315,432 | €362,080 | +€46,648 | +14.8% |
| Fixed assets | 21/28 | €38,045 | €29,435 | -€8,610 | -22.6% |
| Tangible fixed assets | 22/27 | €38,045 | €29,435 | -€8,610 | -22.6% |
| Plant, machinery and equipment | 23 | €745 | €1,923 | +€1,178 | +158% |
| Furniture and vehicles | 24 | €37,300 | €27,512 | -€9,788 | -26.2% |
| Current assets | 29/58 | €277,387 | €332,645 | +€55,258 | +19.9% |
| Amounts receivable within one year | 40/41 | €17,210 | €36,816 | +€19,606 | +114% |
| Trade receivables | 40 | €17,210 | €36,039 | +€18,829 | +109% |
| Other amounts receivable | 41 | - | €777 | +€777 | |
| Current investments | 50/53 | €63,350 | €63,590 | +€240 | +0.4% |
| Cash at bank and in hand | 54/58 | €194,833 | €232,239 | +€37,406 | +19.2% |
| Deferred charges and accrued income | 490/1 | €1,994 | - | -€1,994 | |
| Total equity and liabilities | 10/49 | €315,432 | €362,080 | +€46,648 | +14.8% |
| Equity | 10/15 | €291,206 | €342,195 | +€50,989 | +17.5% |
| Reserves | 13 | €291,206 | €342,195 | +€50,989 | +17.5% |
| Distributable reserves | 133 | €291,206 | €342,195 | +€50,989 | +17.5% |
| Amounts payable | 17/49 | €24,226 | €19,885 | -€4,341 | -17.9% |
| Amounts payable within one year | 42/48 | €24,226 | €19,885 | -€4,341 | -17.9% |
| Trade debts | 44 | €195 | €2,850 | +€2,655 | +1,362% |
| Suppliers | 440/4 | €195 | €2,850 | +€2,655 | +1,362% |
| Taxes, remuneration and social security | 45 | €12,523 | €3,300 | -€9,223 | -73.6% |
| Taxes | 450/3 | €12,523 | €3,300 | -€9,223 | -73.6% |
| Other amounts payable | 47/48 | €11,508 | €13,735 | +€2,227 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,868 | €10,270 | +€402 | +4.1% |
| Other operating charges | 640/8 | €1,108 | €1,232 | +€124 | +11.2% |
| Gross operating margin | 9900 | €118,419 | €102,565 | -€15,854 | -13.4% |
| Operating profit (loss) | 9901 | €107,443 | €91,063 | -€16,380 | -15.2% |
| Financial income | 75/76B | €1,415 | €13,611 | +€12,196 | +862% |
| Recurring financial income | 75 | €1,415 | €13,611 | +€12,196 | +862% |
| Financial charges | 65/66B | €242 | €358 | +€116 | +47.9% |
| Recurring financial charges | 65 | €242 | €358 | +€116 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | €108,616 | €104,316 | -€4,300 | -4.0% |
| Income taxes | 67/77 | €30,951 | €28,306 | -€2,645 | -8.5% |
| Profit (loss) for the period | 9904 | €77,665 | €76,010 | -€1,655 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,665 | €76,010 | -€1,655 | -2.1% |
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 28 October 2026 via checked.be.