FULL CONCEPT ELEC: 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 ELEC
Largest movements
- Tangible fixed assets +€17,856
up €17,856 (+356%), from €5,010 to €22,866
of which Plant, machinery and equipment: +€9,774
- Cash +€14,352
up €14,352 (+1,897%), from €756 to €15,109
mainly Net result for the year (+€29,800) and Other debts (+€13,000)
- Receivables within one year +€11,027
up €11,027 (+32.5%), from €33,909 to €44,936
of which Other amounts receivable: +€9,568
- Stocks and contracts +€2,000
up €2,000 (+66.7%), from €3,000 to €5,000
- Deferred charges and accrued income -€1,792
down €1,792 (-22.9%), from €7,838 to €6,046
- Other debts +€13,000
up €13,000 (+108%), from €12,000 to €25,000
- Debts after one year +€9,272
new in 2025: €9,272
- Current portion of long-term debt +€6,545
new in 2025: €6,545
- Tax, wage and social debts +€5,573
up €5,573 (+47.4%), from €11,765 to €17,337
of which Taxes: +€4,013
- Trade debts +€5,453
up €5,453 (+30.6%), from €17,828 to €23,280
- Staff costs -€16,262
down €16,262 (-46.1%), from €35,295 to €19,033
- Gross operating margin +€8,240
up €8,240 (+13.6%), from €60,710 to €68,950
- Taxes +€5,340
up €5,340 (+111%), from €4,822 to €10,162
- Depreciation +€2,199
up €2,199 (+109%), from €2,017 to €4,216
- Write-downs -€781
no longer reported in 2025 (was €781)
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 | €50,759 | €94,201 | +€43,442 | +85.6% |
| Fixed assets | 21/28 | €5,255 | €23,111 | +€17,856 | +340% |
| Tangible fixed assets | 22/27 | €5,010 | €22,866 | +€17,856 | +356% |
| Plant, machinery and equipment | 23 | €2,295 | €12,069 | +€9,774 | +426% |
| Furniture and vehicles | 24 | €2,715 | €9,393 | +€6,679 | +246% |
| Other tangible fixed assets | 26 | - | €1,403 | +€1,403 | |
| Financial fixed assets | 28 | €245 | €245 | = | 0.0% |
| Current assets | 29/58 | €45,504 | €71,090 | +€25,587 | +56.2% |
| Stocks and contracts in progress | 3 | €3,000 | €5,000 | +€2,000 | +66.7% |
| Stocks | 30/36 | €3,000 | €5,000 | +€2,000 | +66.7% |
| Amounts receivable within one year | 40/41 | €33,909 | €44,936 | +€11,027 | +32.5% |
| Trade receivables | 40 | €21,587 | €23,046 | +€1,458 | +6.8% |
| Other amounts receivable | 41 | €12,322 | €21,890 | +€9,568 | +77.7% |
| Cash at bank and in hand | 54/58 | €756 | €15,109 | +€14,352 | +1,897% |
| Deferred charges and accrued income | 490/1 | €7,838 | €6,046 | -€1,792 | -22.9% |
| Total equity and liabilities | 10/49 | €50,759 | €94,201 | +€43,442 | +85.6% |
| Equity | 10/15 | €7,899 | €12,699 | +€4,800 | +60.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,699 | €6,499 | +€4,800 | +283% |
| Amounts payable | 17/49 | €42,860 | €81,502 | +€38,642 | +90.2% |
| Amounts payable after more than one year | 17 | - | €9,272 | +€9,272 | |
| Financial debts | 170/4 | - | €9,272 | +€9,272 | |
| Amounts payable within one year | 42/48 | €41,592 | €72,163 | +€30,571 | +73.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,545 | +€6,545 | |
| Trade debts | 44 | €17,828 | €23,280 | +€5,453 | +30.6% |
| Suppliers | 440/4 | €17,828 | €23,280 | +€5,453 | +30.6% |
| Taxes, remuneration and social security | 45 | €11,765 | €17,337 | +€5,573 | +47.4% |
| Taxes | 450/3 | €11,765 | €15,777 | +€4,013 | +34.1% |
| Remuneration and social security | 454/9 | - | €1,560 | +€1,560 | |
| Other amounts payable | 47/48 | €12,000 | €25,000 | +€13,000 | +108% |
| Accrued charges and deferred income | 492/3 | €1,268 | €67 | -€1,201 | -94.7% |
| Remuneration, social security and pensions | 62 | €35,295 | €19,033 | -€16,262 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,017 | €4,216 | +€2,199 | +109% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €781 | - | -€781 | |
| Other operating charges | 640/8 | €4,508 | €4,207 | -€301 | -6.7% |
| Non-recurring operating charges | 66A | €5,655 | - | -€5,655 | |
| Gross operating margin | 9900 | €60,710 | €68,950 | +€8,240 | +13.6% |
| Operating profit (loss) | 9901 | €12,454 | €41,494 | +€29,040 | +233% |
| Financial income | 75/76B | €469 | €770 | +€301 | +64.1% |
| Recurring financial income | 75 | €469 | €770 | +€301 | +64.1% |
| Financial charges | 65/66B | €2,958 | €2,302 | -€656 | -22.2% |
| Recurring financial charges | 65 | €2,958 | €2,302 | -€656 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €9,965 | €39,962 | +€29,997 | +301% |
| Income taxes | 67/77 | €4,822 | €10,162 | +€5,340 | +111% |
| Profit (loss) for the period | 9904 | €5,143 | €29,800 | +€24,657 | +479% |
| Profit (loss) for the period to be appropriated | 9905 | €5,143 | €29,800 | +€24,657 | +479% |
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 15 October 2026 via checked.be.