CONCRUTE: 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.
CONCRUTE
Largest movements
- Receivables within one year +€20,591
up €20,591 (+74.4%), from €27,661 to €48,252
- Tangible fixed assets -€6,666
down €6,666 (-79.0%), from €8,438 to €1,772
- Cash -€4,413
down €4,413 (-36.0%), from €12,275 to €7,862
mainly Receivables within one year (-€20,591) and Current portion of long-term debt (-€11,270)
- Profit (loss) carried forward +€19,818
up €19,818 (+83.4%), from -€23,750 to -€3,932
- Current portion of long-term debt -€11,270
down €11,270 (-59.4%), from €18,967 to €7,697
- Tax, wage and social debts +€8,116
up €8,116 (+130.0%), from €6,242 to €14,358
- Debts after one year -€7,697
no longer reported in 2025 (was €7,697)
- Taxes +€10,498
up €10,498 (+6440.5%), from €163 to €10,661
- Gross operating margin +€2,078
up €2,078 (+5.6%), from €37,177 to €39,255
- Financial charges -€589
down €589 (-30.7%), from €1,916 to €1,327
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 | €48,374 | €57,886 | +€9,512 | +19.7% |
| Fixed assets | 21/28 | €8,438 | €1,772 | -€6,666 | -79.0% |
| Tangible fixed assets | 22/27 | €8,438 | €1,772 | -€6,666 | -79.0% |
| Furniture and vehicles | 24 | €8,438 | €1,772 | -€6,666 | -79.0% |
| Current assets | 29/58 | €39,936 | €56,114 | +€16,178 | +40.5% |
| Amounts receivable within one year | 40/41 | €27,661 | €48,252 | +€20,591 | +74.4% |
| Other amounts receivable | 41 | €27,661 | €48,252 | +€20,591 | +74.4% |
| Cash at bank and in hand | 54/58 | €12,275 | €7,862 | -€4,413 | -36.0% |
| Total equity and liabilities | 10/49 | €48,374 | €57,886 | +€9,512 | +19.7% |
| Equity | 10/15 | -€18,750 | €1,068 | +€19,818 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,750 | -€3,932 | +€19,818 | +83.4% |
| Amounts payable | 17/49 | €67,124 | €56,818 | -€10,306 | -15.4% |
| Amounts payable after more than one year | 17 | €7,697 | - | -€7,697 | |
| Financial debts | 170/4 | €7,697 | - | -€7,697 | |
| Amounts payable within one year | 42/48 | €59,427 | €56,818 | -€2,609 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €18,967 | €7,697 | -€11,270 | -59.4% |
| Trade debts | 44 | €4,218 | €4,763 | +€545 | +12.9% |
| Suppliers | 440/4 | €4,218 | €4,763 | +€545 | +12.9% |
| Taxes, remuneration and social security | 45 | €6,242 | €14,358 | +€8,116 | +130.0% |
| Taxes | 450/3 | €6,242 | €14,358 | +€8,116 | +130.0% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,667 | €6,666 | -€1 | 0.0% |
| Other operating charges | 640/8 | €609 | €783 | +€174 | +28.6% |
| Gross operating margin | 9900 | €37,177 | €39,255 | +€2,078 | +5.6% |
| Operating profit (loss) | 9901 | €29,901 | €31,806 | +€1,905 | +6.4% |
| Financial charges | 65/66B | €1,916 | €1,327 | -€589 | -30.7% |
| Recurring financial charges | 65 | €1,916 | €1,327 | -€589 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €27,985 | €30,479 | +€2,494 | +8.9% |
| Income taxes | 67/77 | €163 | €10,661 | +€10,498 | +6440.5% |
| Profit (loss) for the period | 9904 | €27,822 | €19,818 | -€8,004 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,822 | €19,818 | -€8,004 | -28.8% |
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 10 October 2026 via checked.be.