EC-CONCESSIONS: 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.
EC-CONCESSIONS
Largest movements
- Cash -€131,060
down €131,060 (-75.1%), from €174,466 to €43,406
mainly Trade debts (-€115,803) and Other debts (-€24,784)
- Trade debts -€115,803
down €115,803 (-33.4%), from €346,504 to €230,701
- Other debts -€24,784
down €24,784 (-98.7%), from €25,112 to €329
- Profit (loss) carried forward +€7,305
up €7,305 (+59.6%), from -€12,259 to -€4,954
- Gross operating margin +€42,718
up €42,718 (+6.7%), from €633,576 to €676,294
- Staff costs +€12,053
up €12,053 (+1.9%), from €643,261 to €655,314
- Taxes +€8,608
up €8,608 (+252%), from €3,420 to €12,027
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €449,039 | €319,597 | -€129,442 | -28.8% |
| Fixed assets | 21/28 | €3,332 | €2,919 | -€413 | -12.4% |
| Tangible fixed assets | 22/27 | €3,144 | €2,731 | -€413 | -13.1% |
| Plant, machinery and equipment | 23 | €3,144 | €2,731 | -€413 | -13.1% |
| Financial fixed assets | 28 | €187 | €187 | = | 0.0% |
| Current assets | 29/58 | €445,707 | €316,678 | -€129,029 | -28.9% |
| Amounts receivable within one year | 40/41 | €271,241 | €273,272 | +€2,031 | +0.7% |
| Trade receivables | 40 | €271,241 | €273,272 | +€2,031 | +0.7% |
| Cash at bank and in hand | 54/58 | €174,466 | €43,406 | -€131,060 | -75.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €449,039 | €319,597 | -€129,442 | -28.8% |
| Equity | 10/15 | -€9,259 | -€1,954 | +€7,305 | +78.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,259 | -€4,954 | +€7,305 | +59.6% |
| Amounts payable | 17/49 | €458,297 | €321,550 | -€136,747 | -29.8% |
| Amounts payable within one year | 42/48 | €458,297 | €321,550 | -€136,747 | -29.8% |
| Trade debts | 44 | €346,504 | €230,701 | -€115,803 | -33.4% |
| Suppliers | 440/4 | €346,504 | €230,701 | -€115,803 | -33.4% |
| Taxes, remuneration and social security | 45 | €86,681 | €90,520 | +€3,839 | +4.4% |
| Taxes | 450/3 | €52,242 | €42,479 | -€9,763 | -18.7% |
| Remuneration and social security | 454/9 | €34,439 | €48,041 | +€13,602 | +39.5% |
| Other amounts payable | 47/48 | €25,112 | €329 | -€24,784 | -98.7% |
| Accrued charges and deferred income | 492/3 | €1 | €1 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €643,261 | €655,314 | +€12,053 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413 | €413 | = | 0.0% |
| Other operating charges | 640/8 | €1,046 | €1,241 | +€196 | +18.7% |
| Gross operating margin | 9900 | €633,576 | €676,294 | +€42,718 | +6.7% |
| Operating profit (loss) | 9901 | -€11,143 | €19,326 | +€30,469 | |
| Financial income | 75/76B | - | €140 | +€140 | |
| Recurring financial income | 75 | - | €140 | +€140 | |
| Financial charges | 65/66B | €766 | €134 | -€632 | -82.5% |
| Recurring financial charges | 65 | €766 | €134 | -€632 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,909 | €19,332 | +€31,241 | |
| Income taxes | 67/77 | €3,420 | €12,027 | +€8,608 | +252% |
| Profit (loss) for the period | 9904 | -€15,329 | €7,305 | +€22,634 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,329 | €7,305 | +€22,634 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.