FULL CONCEPT BELGIUM: 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.
FULL CONCEPT BELGIUM
Largest movements
- Tangible fixed assets -€17,995
down €17,995 (-26.0%), from €69,332 to €51,337
- Cash +€4,140
up €4,140 (+473%), from €875 to €5,014
mainly Depreciation (+€19,043) and Trade debts (+€5,039)
- Receivables within one year +€1,604
up €1,604 (+10.1%), from €15,826 to €17,430
- Current portion of long-term debt -€9,000
no longer reported in 2024 (was €9,000)
- Trade debts +€5,039
up €5,039 (+68.5%), from €7,360 to €12,399
- Tax, wage and social debts -€3,713
down €3,713 (-19.3%), from €19,258 to €15,545
of which Taxes: -€2,013
- Profit (loss) carried forward -€2,485
down €2,485 (-7.5%), from €33,266 to €30,781
- Other debts -€2,081
no longer reported in 2024 (was €2,081)
- Gross operating margin -€17,924
down €17,924 (-47.9%), from €37,412 to €19,488
- Other operating charges +€1,397
up €1,397 (+89.5%), from €1,561 to €2,958
- Financial charges -€621
down €621 (-35.2%), from €1,762 to €1,141
- Financial income +€503
up €503 (+74.3%), from €677 to €1,180
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 | €89,566 | €77,325 | -€12,241 | -13.7% |
| Fixed assets | 21/28 | €72,617 | €54,622 | -€17,995 | -24.8% |
| Tangible fixed assets | 22/27 | €69,332 | €51,337 | -€17,995 | -26.0% |
| Land and buildings | 22 | €17,943 | €16,669 | -€1,274 | -7.1% |
| Plant, machinery and equipment | 23 | €12,298 | €8,885 | -€3,413 | -27.7% |
| Furniture and vehicles | 24 | €19,300 | €12,189 | -€7,111 | -36.8% |
| Other tangible fixed assets | 26 | €19,791 | €13,594 | -€6,197 | -31.3% |
| Financial fixed assets | 28 | €3,285 | €3,285 | = | 0.0% |
| Current assets | 29/58 | €16,949 | €22,703 | +€5,754 | +33.9% |
| Amounts receivable within one year | 40/41 | €15,826 | €17,430 | +€1,604 | +10.1% |
| Other amounts receivable | 41 | €15,826 | €17,430 | +€1,604 | +10.1% |
| Cash at bank and in hand | 54/58 | €875 | €5,014 | +€4,140 | +473% |
| Deferred charges and accrued income | 490/1 | €249 | €259 | +€10 | +4.0% |
| Total equity and liabilities | 10/49 | €89,566 | €77,325 | -€12,241 | -13.7% |
| Equity | 10/15 | €51,866 | €49,381 | -€2,485 | -4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,266 | €30,781 | -€2,485 | -7.5% |
| Amounts payable | 17/49 | €37,700 | €27,944 | -€9,756 | -25.9% |
| Amounts payable within one year | 42/48 | €37,700 | €27,944 | -€9,756 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €9,000 | - | -€9,000 | |
| Trade debts | 44 | €7,360 | €12,399 | +€5,039 | +68.5% |
| Suppliers | 440/4 | €7,360 | €12,399 | +€5,039 | +68.5% |
| Taxes, remuneration and social security | 45 | €19,258 | €15,545 | -€3,713 | -19.3% |
| Taxes | 450/3 | €15,258 | €13,245 | -€2,013 | -13.2% |
| Remuneration and social security | 454/9 | €4,000 | €2,300 | -€1,700 | -42.5% |
| Other amounts payable | 47/48 | €2,081 | - | -€2,081 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,003 | €19,043 | +€40 | +0.2% |
| Other operating charges | 640/8 | €1,561 | €2,958 | +€1,397 | +89.5% |
| Gross operating margin | 9900 | €37,412 | €19,488 | -€17,924 | -47.9% |
| Operating profit (loss) | 9901 | €16,848 | -€2,513 | -€19,361 | |
| Financial income | 75/76B | €677 | €1,180 | +€503 | +74.3% |
| Recurring financial income | 75 | €677 | €1,180 | +€503 | +74.3% |
| Financial charges | 65/66B | €1,762 | €1,141 | -€621 | -35.2% |
| Recurring financial charges | 65 | €1,762 | €1,141 | -€621 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €15,763 | -€2,474 | -€18,237 | |
| Income taxes | 67/77 | -€108 | €11 | +€119 | |
| Profit (loss) for the period | 9904 | €15,871 | -€2,485 | -€18,357 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,871 | -€2,485 | -€18,357 |
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 31 October 2026 via checked.be.