CONCREET: 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.
CONCREET
Largest movements
- Receivables within one year +€13,224
up €13,224 (+34.6%), from €38,183 to €51,407
of which Other amounts receivable: +€14,368
- Cash -€12,361
down €12,361 (-75.7%), from €16,336 to €3,975
mainly Contributions, distributions and other (-€46,183) and Receivables within one year (-€13,224)
- Deferred charges and accrued income +€9,211
up €9,211 (+797.8%), from €1,155 to €10,366
- Tangible fixed assets -€847
down €847 (-20.6%), from €4,117 to €3,270
- Profit (loss) carried forward +€11,421
up €11,421 (+22.6%), from €50,611 to €62,032
- Trade debts -€2,022
down €2,022 (-54.1%), from €3,739 to €1,716
- Gross operating margin +€24,264
up €24,264 (+48.2%), from €50,334 to €74,598
- Taxes +€4,734
up €4,734 (+41.0%), from €11,535 to €16,269
- Other operating charges +€1,413
up €1,413 (+185.5%), from €762 to €2,175
- Financial income +€789
up €789 (+50.8%), from €1,554 to €2,343
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 | €59,791 | €69,018 | +€9,227 | +15.4% |
| Fixed assets | 21/28 | €4,117 | €3,270 | -€847 | -20.6% |
| Tangible fixed assets | 22/27 | €4,117 | €3,270 | -€847 | -20.6% |
| Furniture and vehicles | 24 | €4,117 | €3,270 | -€847 | -20.6% |
| Current assets | 29/58 | €55,674 | €65,748 | +€10,074 | +18.1% |
| Amounts receivable within one year | 40/41 | €38,183 | €51,407 | +€13,224 | +34.6% |
| Trade receivables | 40 | €2,160 | €1,015 | -€1,144 | -53.0% |
| Other amounts receivable | 41 | €36,023 | €50,391 | +€14,368 | +39.9% |
| Cash at bank and in hand | 54/58 | €16,336 | €3,975 | -€12,361 | -75.7% |
| Deferred charges and accrued income | 490/1 | €1,155 | €10,366 | +€9,211 | +797.8% |
| Total equity and liabilities | 10/49 | €59,791 | €69,018 | +€9,227 | +15.4% |
| Equity | 10/15 | €53,111 | €64,532 | +€11,421 | +21.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,611 | €62,032 | +€11,421 | +22.6% |
| Amounts payable | 17/49 | €6,680 | €4,485 | -€2,195 | -32.9% |
| Amounts payable within one year | 42/48 | €6,680 | €4,485 | -€2,195 | -32.9% |
| Trade debts | 44 | €3,739 | €1,716 | -€2,022 | -54.1% |
| Suppliers | 440/4 | €3,739 | €1,716 | -€2,022 | -54.1% |
| Taxes, remuneration and social security | 45 | €2,942 | €2,769 | -€173 | -5.9% |
| Taxes | 450/3 | €2,942 | €2,769 | -€173 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118 | €847 | +€729 | +618.1% |
| Other operating charges | 640/8 | €762 | €2,175 | +€1,413 | +185.5% |
| Gross operating margin | 9900 | €50,334 | €74,598 | +€24,264 | +48.2% |
| Operating profit (loss) | 9901 | €49,455 | €71,576 | +€22,122 | +44.7% |
| Financial income | 75/76B | €1,554 | €2,343 | +€789 | +50.8% |
| Recurring financial income | 75 | €1,554 | €2,343 | +€789 | +50.8% |
| Financial charges | 65/66B | €46 | €45 | -€1 | -1.8% |
| Recurring financial charges | 65 | €46 | €45 | -€1 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €50,962 | €73,874 | +€22,911 | +45.0% |
| Income taxes | 67/77 | €11,535 | €16,269 | +€4,734 | +41.0% |
| Profit (loss) for the period | 9904 | €39,427 | €57,605 | +€18,177 | +46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,427 | €57,605 | +€18,177 | +46.1% |
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 30 September 2026 via checked.be.