eCONCEPT: 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.
eCONCEPT
Largest movements
- Receivables within one year +€33,442
up €33,442 (+31.3%), from €106,727 to €140,170
of which Trade receivables: +€33,050
- Deferred charges and accrued income -€15,094
down €15,094 (-47.2%), from €31,948 to €16,853
- Tangible fixed assets -€13,937
down €13,937 (-35.5%), from €39,273 to €25,336
of which Furniture and vehicles: -€9,312
- Stocks and contracts +€10,851
up €10,851 (+17.4%), from €62,277 to €73,128
- Trade debts +€37,101
up €37,101 (+74.9%), from €49,512 to €86,613
- Current portion of long-term debt -€17,936
down €17,936 (-49.9%), from €35,912 to €17,976
- Other debts +€10,211
new in 2025: €10,211
- Tax, wage and social debts -€8,844
down €8,844 (-14.9%), from €59,328 to €50,484
of which Taxes: -€6,252
- Debts after one year -€4,275
down €4,275 (-41.5%), from €10,300 to €6,025
- Gross operating margin +€29,825
up €29,825 (+7.6%), from €390,127 to €419,952
- Staff costs -€22,727
down €22,727 (-5.4%), from €421,327 to €398,600
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 | €263,174 | €278,967 | +€15,793 | +6.0% |
| Fixed assets | 21/28 | €43,322 | €29,386 | -€13,937 | -32.2% |
| Tangible fixed assets | 22/27 | €39,273 | €25,336 | -€13,937 | -35.5% |
| Plant, machinery and equipment | 23 | €937 | €274 | -€663 | -70.8% |
| Furniture and vehicles | 24 | €22,150 | €12,838 | -€9,312 | -42.0% |
| Other tangible fixed assets | 26 | €16,185 | €12,224 | -€3,961 | -24.5% |
| Financial fixed assets | 28 | €4,050 | €4,050 | = | 0.0% |
| Current assets | 29/58 | €219,851 | €249,581 | +€29,730 | +13.5% |
| Stocks and contracts in progress | 3 | €62,277 | €73,128 | +€10,851 | +17.4% |
| Stocks | 30/36 | €62,277 | €73,128 | +€10,851 | +17.4% |
| Amounts receivable within one year | 40/41 | €106,727 | €140,170 | +€33,442 | +31.3% |
| Trade receivables | 40 | €29,116 | €62,165 | +€33,050 | +113.5% |
| Other amounts receivable | 41 | €77,612 | €78,004 | +€393 | +0.5% |
| Cash at bank and in hand | 54/58 | €18,899 | €19,430 | +€531 | +2.8% |
| Deferred charges and accrued income | 490/1 | €31,948 | €16,853 | -€15,094 | -47.2% |
| Total equity and liabilities | 10/49 | €263,174 | €278,967 | +€15,793 | +6.0% |
| Equity | 10/15 | €108,121 | €107,269 | -€852 | -0.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €101,924 | €101,072 | -€852 | -0.8% |
| Distributable reserves | 133 | €101,924 | €101,072 | -€852 | -0.8% |
| Amounts payable | 17/49 | €155,052 | €171,698 | +€16,645 | +10.7% |
| Amounts payable after more than one year | 17 | €10,300 | €6,025 | -€4,275 | -41.5% |
| Financial debts | 170/4 | €10,300 | €6,025 | -€4,275 | -41.5% |
| Amounts payable within one year | 42/48 | €144,752 | €165,284 | +€20,531 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €35,912 | €17,976 | -€17,936 | -49.9% |
| Trade debts | 44 | €49,512 | €86,613 | +€37,101 | +74.9% |
| Suppliers | 440/4 | €49,512 | €86,613 | +€37,101 | +74.9% |
| Taxes, remuneration and social security | 45 | €59,328 | €50,484 | -€8,844 | -14.9% |
| Taxes | 450/3 | €53,410 | €47,157 | -€6,252 | -11.7% |
| Remuneration and social security | 454/9 | €5,918 | €3,327 | -€2,592 | -43.8% |
| Other amounts payable | 47/48 | - | €10,211 | +€10,211 | |
| Accrued charges and deferred income | 492/3 | - | €389 | +€389 | |
| Remuneration, social security and pensions | 62 | €421,327 | €398,600 | -€22,727 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,165 | €9,397 | -€1,768 | -15.8% |
| Non-recurring operating charges | 66A | - | €1,234 | +€1,234 | |
| Gross operating margin | 9900 | €390,127 | €419,952 | +€29,825 | +7.6% |
| Operating profit (loss) | 9901 | -€42,365 | €10,721 | +€53,086 | |
| Financial income | 75/76B | €4,591 | €5,254 | +€663 | +14.4% |
| Recurring financial income | 75 | €4,591 | €5,254 | +€663 | +14.4% |
| Financial charges | 65/66B | €3,366 | €4,885 | +€1,519 | +45.1% |
| Recurring financial charges | 65 | €3,366 | €4,885 | +€1,519 | +45.1% |
| Profit (loss) for the period before taxes | 9903 | -€41,140 | €11,090 | +€52,231 | |
| Income taxes | 67/77 | -€23 | €1,022 | +€1,045 | |
| Profit (loss) for the period | 9904 | -€41,117 | €10,068 | +€51,185 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,117 | €10,068 | +€51,185 |
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 5 October 2026 via checked.be.