D-CONCEPT: 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.
D-CONCEPT
Largest movements
- Stocks and contracts -€30,387
down €30,387 (-16.7%), from €181,627 to €151,239
- Receivables within one year +€5,226
up €5,226 (+191.0%), from €2,736 to €7,962
- Cash +€4,995
up €4,995 (+128.4%), from €3,891 to €8,886
mainly Other debts (+€100,787) and Stocks and contracts (+€30,387)
- Other debts +€100,787
up €100,787 (+12.9%), from €781,312 to €882,099
- Profit (loss) carried forward -€87,296
down €87,296 (-8.1%), from -€1.1m to -€1.2m
- Tax, wage and social debts -€35,816
down €35,816 (-60.8%), from €58,937 to €23,121
of which Taxes: -€20,957
- Trade debts +€2,409
up €2,409 (+9.2%), from €26,318 to €28,728
- Gross operating margin -€19,930
down €19,930, from €6,068 to -€13,862
- Staff costs -€10,201
down €10,201 (-13.9%), from €73,583 to €63,382
- Other operating charges +€6,586
up €6,586 (+55250.6%), from €12 to €6,598
- Taxes -€5,189
down €5,189 (-95.9%), from €5,411 to €223
- Financial charges -€3,075
down €3,075 (-48.6%), from €6,327 to €3,252
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 | €189,414 | €169,499 | -€19,915 | -10.5% |
| Fixed assets | 21/28 | €677 | €677 | = | 0.0% |
| Financial fixed assets | 28 | €677 | €677 | = | 0.0% |
| Current assets | 29/58 | €188,737 | €168,821 | -€19,915 | -10.6% |
| Stocks and contracts in progress | 3 | €181,627 | €151,239 | -€30,387 | -16.7% |
| Stocks | 30/36 | €181,627 | €151,239 | -€30,387 | -16.7% |
| Amounts receivable within one year | 40/41 | €2,736 | €7,962 | +€5,226 | +191.0% |
| Trade receivables | 40 | €2,736 | €7,962 | +€5,226 | +191.0% |
| Cash at bank and in hand | 54/58 | €3,891 | €8,886 | +€4,995 | +128.4% |
| Deferred charges and accrued income | 490/1 | €484 | €734 | +€251 | +51.8% |
| Total equity and liabilities | 10/49 | €189,414 | €169,499 | -€19,915 | -10.5% |
| Equity | 10/15 | -€677,153 | -€764,449 | -€87,296 | -12.9% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,077,153 | -€1,164,449 | -€87,296 | -8.1% |
| Amounts payable | 17/49 | €866,568 | €933,948 | +€67,380 | +7.8% |
| Amounts payable within one year | 42/48 | €866,568 | €933,948 | +€67,380 | +7.8% |
| Trade debts | 44 | €26,318 | €28,728 | +€2,409 | +9.2% |
| Suppliers | 440/4 | €26,318 | €28,728 | +€2,409 | +9.2% |
| Taxes, remuneration and social security | 45 | €58,937 | €23,121 | -€35,816 | -60.8% |
| Taxes | 450/3 | €29,396 | €8,439 | -€20,957 | -71.3% |
| Remuneration and social security | 454/9 | €29,541 | €14,682 | -€14,859 | -50.3% |
| Other amounts payable | 47/48 | €781,312 | €882,099 | +€100,787 | +12.9% |
| Remuneration, social security and pensions | 62 | €73,583 | €63,382 | -€10,201 | -13.9% |
| Other operating charges | 640/8 | €12 | €6,598 | +€6,586 | +55250.6% |
| Gross operating margin | 9900 | €6,068 | -€13,862 | -€19,930 | |
| Operating profit (loss) | 9901 | -€67,527 | -€83,842 | -€16,315 | -24.2% |
| Financial income | 75/76B | €21 | €21 | +€0 | +0.4% |
| Recurring financial income | 75 | €21 | €21 | +€0 | +0.4% |
| Financial charges | 65/66B | €6,327 | €3,252 | -€3,075 | -48.6% |
| Recurring financial charges | 65 | €6,327 | €3,252 | -€3,075 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | -€73,833 | -€87,073 | -€13,240 | -17.9% |
| Income taxes | 67/77 | €5,411 | €223 | -€5,189 | -95.9% |
| Profit (loss) for the period | 9904 | -€79,244 | -€87,296 | -€8,052 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,244 | -€87,296 | -€8,052 | -10.2% |
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 7 October 2026 via checked.be.