FOTOKONCEPT: 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.
FOTOKONCEPT
Largest movements
- Receivables within one year -€157,361
down €157,361 (-48.3%), from €325,574 to €168,213
of which Trade receivables: -€165,181
- Cash +€73,241
up €73,241 (+41.6%), from €176,125 to €249,366
mainly Receivables within one year (+€157,361) and Depreciation (+€72,403)
- Tangible fixed assets -€69,684
down €69,684 (-8.1%), from €861,881 to €792,197
of which Land and buildings: -€57,129
- Other debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Accrued charges and deferred income -€49,914
down €49,914 (-63.0%), from €79,281 to €29,368
- Trade debts -€25,555
down €25,555 (-57.0%), from €44,857 to €19,302
- Reserves +€15,204
up €15,204 (+5.9%), from €257,518 to €272,722
- Staff costs +€22,035
up €22,035 (+22.6%), from €97,588 to €119,623
- Gross operating margin +€16,884
up €16,884 (+7.7%), from €218,042 to €234,926
- Financial charges +€3,535
up €3,535 (+28.0%), from €12,614 to €16,149
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 | €1,381,457 | €1,219,294 | -€162,163 | -11.7% |
| Fixed assets | 21/28 | €861,881 | €792,197 | -€69,684 | -8.1% |
| Tangible fixed assets | 22/27 | €861,881 | €792,197 | -€69,684 | -8.1% |
| Land and buildings | 22 | €831,241 | €774,112 | -€57,129 | -6.9% |
| Plant, machinery and equipment | 23 | €3,651 | €2,268 | -€1,383 | -37.9% |
| Furniture and vehicles | 24 | €24,642 | €13,823 | -€10,819 | -43.9% |
| Other tangible fixed assets | 26 | €2,347 | €1,994 | -€353 | -15.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €519,576 | €427,097 | -€92,478 | -17.8% |
| Amounts receivable after more than one year | 29 | €3,215 | €1,876 | -€1,339 | -41.6% |
| Other amounts receivable | 291 | €3,215 | €1,876 | -€1,339 | -41.6% |
| Amounts receivable within one year | 40/41 | €325,574 | €168,213 | -€157,361 | -48.3% |
| Trade receivables | 40 | €319,701 | €154,519 | -€165,181 | -51.7% |
| Other amounts receivable | 41 | €5,873 | €13,694 | +€7,821 | +133% |
| Cash at bank and in hand | 54/58 | €176,125 | €249,366 | +€73,241 | +41.6% |
| Deferred charges and accrued income | 490/1 | €14,662 | €7,642 | -€7,020 | -47.9% |
| Total equity and liabilities | 10/49 | €1,381,457 | €1,219,294 | -€162,163 | -11.7% |
| Equity | 10/15 | €663,734 | €675,687 | +€11,954 | +1.8% |
| Contributions | 10/11 | €313,676 | €313,676 | = | 0.0% |
| Reserves | 13 | €257,518 | €272,722 | +€15,204 | +5.9% |
| Distributable reserves | 133 | €257,518 | €272,722 | +€15,204 | +5.9% |
| Profit (loss) carried forward | 14 | -€2,850 | €0 | +€2,850 | |
| Investment grants | 15 | €95,390 | €89,289 | -€6,101 | -6.4% |
| Provisions and deferred taxes | 16 | €40,069 | €37,506 | -€2,563 | -6.4% |
| Deferred taxes | 168 | €40,069 | €37,506 | -€2,563 | -6.4% |
| Amounts payable | 17/49 | €677,655 | €506,101 | -€171,554 | -25.3% |
| Amounts payable after more than one year | 17 | €354,268 | €365,052 | +€10,784 | +3.0% |
| Financial debts | 170/4 | €353,904 | €282,694 | -€71,211 | -20.1% |
| Other amounts payable | 178/9 | €364 | €82,359 | +€81,995 | +22,526% |
| Amounts payable within one year | 42/48 | €244,105 | €111,681 | -€132,424 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €70,420 | €71,211 | +€791 | +1.1% |
| Trade debts | 44 | €44,857 | €19,302 | -€25,555 | -57.0% |
| Suppliers | 440/4 | €44,857 | €19,302 | -€25,555 | -57.0% |
| Taxes, remuneration and social security | 45 | €28,829 | €21,169 | -€7,660 | -26.6% |
| Taxes | 450/3 | €18,524 | €5,638 | -€12,886 | -69.6% |
| Remuneration and social security | 454/9 | €10,305 | €15,531 | +€5,226 | +50.7% |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100% |
| Accrued charges and deferred income | 492/3 | €79,281 | €29,368 | -€49,914 | -63.0% |
| Remuneration, social security and pensions | 62 | €97,588 | €119,623 | +€22,035 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,162 | €72,403 | -€758 | -1.0% |
| Other operating charges | 640/8 | €5,253 | €6,273 | +€1,020 | +19.4% |
| Gross operating margin | 9900 | €218,042 | €234,926 | +€16,884 | +7.7% |
| Operating profit (loss) | 9901 | €42,039 | €36,627 | -€5,413 | -12.9% |
| Financial income | 75/76B | €6,113 | €6,105 | -€9 | -0.1% |
| Recurring financial income | 75 | €6,113 | €6,105 | -€9 | -0.1% |
| Financial charges | 65/66B | €12,614 | €16,149 | +€3,535 | +28.0% |
| Recurring financial charges | 65 | €12,614 | €16,149 | +€3,535 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €35,538 | €26,582 | -€8,956 | -25.2% |
| Transfer from deferred taxes | 780 | €2,563 | €2,563 | = | 0.0% |
| Income taxes | 67/77 | €11,241 | €11,090 | -€150 | -1.3% |
| Profit (loss) for the period | 9904 | €26,860 | €18,054 | -€8,806 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,860 | €18,054 | -€8,806 | -32.8% |
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 18 October 2026 via checked.be.