FR 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.
FR CONCEPT
Largest movements
- Receivables within one year +€19,115
up €19,115 (+62.0%), from €30,842 to €49,957
of which Trade receivables: +€22,894
- Stocks and contracts +€4,339
up €4,339 (+222.3%), from €1,952 to €6,292
- Tangible fixed assets +€780
up €780 (+13.2%), from €5,896 to €6,676
of which Furniture and vehicles: +€2,976
- Profit (loss) carried forward +€10,175
up €10,175 (+104.9%), from €9,699 to €19,874
- Trade debts +€6,606
up €6,606 (+69.0%), from €9,580 to €16,186
- Other debts +€2,675
up €2,675 (+19.2%), from €13,947 to €16,623
- Debts after one year +€2,221
new in 2025: €2,221
- Tax, wage and social debts +€1,564
up €1,564 (+31.3%), from €4,989 to €6,553
of which Taxes: +€1,564
- Gross operating margin +€11,919
up €11,919 (+232.0%), from €5,138 to €17,057
- Depreciation +€2,388
up €2,388 (+184.7%), from €1,293 to €3,681
- Staff costs +€647
up €647 (+37.2%), from €1,741 to €2,388
- Financial charges +€403
up €403 (+288.1%), from €140 to €543
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 | €46,275 | €70,858 | +€24,583 | +53.1% |
| Fixed assets | 21/28 | €6,366 | €7,146 | +€780 | +12.3% |
| Tangible fixed assets | 22/27 | €5,896 | €6,676 | +€780 | +13.2% |
| Plant, machinery and equipment | 23 | €5,355 | €3,160 | -€2,196 | -41.0% |
| Furniture and vehicles | 24 | €541 | €3,517 | +€2,976 | +550.3% |
| Financial fixed assets | 28 | €470 | €470 | = | 0.0% |
| Current assets | 29/58 | €39,910 | €63,712 | +€23,802 | +59.6% |
| Stocks and contracts in progress | 3 | €1,952 | €6,292 | +€4,339 | +222.3% |
| Stocks | 30/36 | €1,952 | €6,292 | +€4,339 | +222.3% |
| Amounts receivable within one year | 40/41 | €30,842 | €49,957 | +€19,115 | +62.0% |
| Trade receivables | 40 | €26,941 | €49,835 | +€22,894 | +85.0% |
| Other amounts receivable | 41 | €3,901 | €122 | -€3,779 | -96.9% |
| Cash at bank and in hand | 54/58 | €7,115 | €7,464 | +€348 | +4.9% |
| Total equity and liabilities | 10/49 | €46,275 | €70,858 | +€24,583 | +53.1% |
| Equity | 10/15 | €17,759 | €27,934 | +€10,175 | +57.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,699 | €19,874 | +€10,175 | +104.9% |
| Amounts payable | 17/49 | €28,516 | €42,924 | +€14,408 | +50.5% |
| Amounts payable after more than one year | 17 | - | €2,221 | +€2,221 | |
| Financial debts | 170/4 | - | €2,221 | +€2,221 | |
| Amounts payable within one year | 42/48 | €28,516 | €40,703 | +€12,187 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | - | €1,341 | +€1,341 | |
| Trade debts | 44 | €9,580 | €16,186 | +€6,606 | +69.0% |
| Suppliers | 440/4 | €9,580 | €16,186 | +€6,606 | +69.0% |
| Taxes, remuneration and social security | 45 | €4,989 | €6,553 | +€1,564 | +31.3% |
| Taxes | 450/3 | €1,169 | €2,733 | +€1,564 | +133.7% |
| Remuneration and social security | 454/9 | €3,820 | €3,820 | = | 0.0% |
| Other amounts payable | 47/48 | €13,947 | €16,623 | +€2,675 | +19.2% |
| Non-recurring operating income | 76A | €74 | - | -€74 | |
| Remuneration, social security and pensions | 62 | €1,741 | €2,388 | +€647 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,293 | €3,681 | +€2,388 | +184.7% |
| Other operating charges | 640/8 | €149 | €277 | +€128 | +85.9% |
| Gross operating margin | 9900 | €5,138 | €17,057 | +€11,919 | +232.0% |
| Operating profit (loss) | 9901 | €1,956 | €10,711 | +€8,755 | +447.7% |
| Financial income | 75/76B | €2 | €8 | +€6 | +277.0% |
| Recurring financial income | 75 | €2 | €8 | +€6 | +277.0% |
| Financial charges | 65/66B | €140 | €543 | +€403 | +288.1% |
| Recurring financial charges | 65 | €140 | €543 | +€403 | +288.1% |
| Profit (loss) for the period before taxes | 9903 | €1,817 | €10,175 | +€8,358 | +459.8% |
| Income taxes | 67/77 | €11 | - | -€11 | |
| Profit (loss) for the period | 9904 | €1,806 | €10,175 | +€8,369 | +463.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,806 | €10,175 | +€8,369 | +463.3% |
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.