CONCRIT: 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.
CONCRIT
Largest movements
- Intangible fixed assets +€78,052
new in 2025: €78,052
- Cash -€49,468
down €49,468 (-95.0%), from €52,095 to €2,627
mainly Investment in fixed assets (net) (-€97,565) and Current portion of long-term debt (-€18,738)
- Receivables within one year -€19,918
down €19,918 (-24.6%), from €80,980 to €61,063
- Tangible fixed assets -€5,458
down €5,458 (-54.9%), from €9,944 to €4,486
of which Furniture and vehicles: -€5,019
- Deferred charges and accrued income -€1,993
down €1,993 (-34.7%), from €5,746 to €3,753
- Short-term financial debts +€30,817
new in 2025: €30,817
- Current portion of long-term debt -€18,738
down €18,738 (-52.6%), from €35,650 to €16,913
- Debts after one year -€16,913
down €16,913 (-59.9%), from €28,231 to €11,318
- Tax, wage and social debts +€16,189
up €16,189 (+43.3%), from €37,382 to €53,571
of which Remuneration and social security: +€18,744
- Trade debts -€7,772
down €7,772 (-21.5%), from €36,179 to €28,406
- Staff costs +€28,199
up €28,199 (+15.6%), from €180,971 to €209,170
- Gross operating margin -€18,293
down €18,293 (-7.2%), from €253,229 to €234,935
- Depreciation +€16,773
up €16,773 (+205%), from €8,198 to €24,971
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 | €148,946 | €150,161 | +€1,215 | +0.8% |
| Fixed assets | 21/28 | €10,124 | €82,718 | +€72,594 | +717% |
| Intangible fixed assets | 21 | - | €78,052 | +€78,052 | |
| Tangible fixed assets | 22/27 | €9,944 | €4,486 | -€5,458 | -54.9% |
| Plant, machinery and equipment | 23 | €39 | - | -€39 | |
| Furniture and vehicles | 24 | €6,464 | €1,445 | -€5,019 | -77.6% |
| Other tangible fixed assets | 26 | €3,440 | €3,040 | -€400 | -11.6% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €138,822 | €67,443 | -€71,379 | -51.4% |
| Amounts receivable within one year | 40/41 | €80,980 | €61,063 | -€19,918 | -24.6% |
| Trade receivables | 40 | €80,980 | €61,063 | -€19,918 | -24.6% |
| Cash at bank and in hand | 54/58 | €52,095 | €2,627 | -€49,468 | -95.0% |
| Deferred charges and accrued income | 490/1 | €5,746 | €3,753 | -€1,993 | -34.7% |
| Total equity and liabilities | 10/49 | €148,946 | €150,161 | +€1,215 | +0.8% |
| Equity | 10/15 | €10,063 | €6,771 | -€3,292 | -32.7% |
| Contributions | 10/11 | €18,780 | €18,780 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,717 | -€12,009 | -€3,292 | -37.8% |
| Amounts payable | 17/49 | €138,883 | €143,389 | +€4,507 | +3.2% |
| Amounts payable after more than one year | 17 | €28,231 | €11,318 | -€16,913 | -59.9% |
| Financial debts | 170/4 | €28,231 | €11,318 | -€16,913 | -59.9% |
| Amounts payable within one year | 42/48 | €110,461 | €129,707 | +€19,246 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €35,650 | €16,913 | -€18,738 | -52.6% |
| Financial debts | 43 | - | €30,817 | +€30,817 | |
| Credit institutions | 430/8 | - | €30,817 | +€30,817 | |
| Trade debts | 44 | €36,179 | €28,406 | -€7,772 | -21.5% |
| Suppliers | 440/4 | €36,179 | €28,406 | -€7,772 | -21.5% |
| Taxes, remuneration and social security | 45 | €37,382 | €53,571 | +€16,189 | +43.3% |
| Taxes | 450/3 | €14,085 | €11,531 | -€2,554 | -18.1% |
| Remuneration and social security | 454/9 | €23,297 | €42,041 | +€18,744 | +80.5% |
| Other amounts payable | 47/48 | €1,250 | - | -€1,250 | |
| Accrued charges and deferred income | 492/3 | €191 | €2,364 | +€2,173 | +1,136% |
| Non-recurring operating income | 76A | €1,462 | - | -€1,462 | |
| Remuneration, social security and pensions | 62 | €180,971 | €209,170 | +€28,199 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,198 | €24,971 | +€16,773 | +205% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €200 | +€200 | |
| Other operating charges | 640/8 | €2,938 | €556 | -€2,381 | -81.1% |
| Gross operating margin | 9900 | €253,229 | €234,935 | -€18,293 | -7.2% |
| Operating profit (loss) | 9901 | €61,122 | €38 | -€61,084 | -99.9% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €3,481 | €3,199 | -€282 | -8.1% |
| Recurring financial charges | 65 | €3,481 | €3,199 | -€282 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €57,641 | -€3,155 | -€60,796 | |
| Income taxes | 67/77 | €156 | €137 | -€18 | -11.9% |
| Profit (loss) for the period | 9904 | €57,486 | -€3,292 | -€60,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,486 | -€3,292 | -€60,777 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.