GD KONCEPT: 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.
GD KONCEPT
Largest movements
- Tangible fixed assets +€43,678
up €43,678 (+632%), from €6,911 to €50,590
of which Leasing and similar rights: +€38,611
- Cash +€11,738
up €11,738 (+119%), from €9,889 to €21,628
mainly Debts after one year (+€25,351) and Net result for the year (+€22,212)
- Receivables within one year +€3,437
up €3,437 (+45.2%), from €7,601 to €11,039
- Debts after one year +€25,351
new in 2025: €25,351
- Profit (loss) carried forward +€22,212
up €22,212 (+376%), from €5,906 to €28,118
- Current portion of long-term debt +€9,774
new in 2025: €9,774
- Tax, wage and social debts +€1,972
up €1,972 (+26.7%), from €7,377 to €9,349
- Gross operating margin +€25,918
up €25,918 (+257%), from €10,085 to €36,003
- Depreciation +€5,209
up €5,209 (+698%), from €746 to €5,955
- Taxes +€3,347
up €3,347 (+99.2%), from €3,373 to €6,719
- Other operating charges +€949
new in 2025: €949
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 | €24,402 | €83,323 | +€58,922 | +241% |
| Fixed assets | 21/28 | €6,911 | €50,590 | +€43,678 | +632% |
| Tangible fixed assets | 22/27 | €6,911 | €50,590 | +€43,678 | +632% |
| Land and buildings | 22 | €6,911 | €7,228 | +€317 | +4.6% |
| Furniture and vehicles | 24 | - | €4,751 | +€4,751 | |
| Leasing and similar rights | 25 | - | €38,611 | +€38,611 | |
| Current assets | 29/58 | €17,490 | €32,734 | +€15,243 | +87.2% |
| Amounts receivable within one year | 40/41 | €7,601 | €11,039 | +€3,437 | +45.2% |
| Trade receivables | 40 | €7,601 | €11,039 | +€3,437 | +45.2% |
| Cash at bank and in hand | 54/58 | €9,889 | €21,628 | +€11,738 | +119% |
| Deferred charges and accrued income | 490/1 | - | €67 | +€67 | |
| Total equity and liabilities | 10/49 | €24,402 | €83,323 | +€58,922 | +241% |
| Equity | 10/15 | €7,906 | €30,118 | +€22,212 | +281% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,906 | €28,118 | +€22,212 | +376% |
| Amounts payable | 17/49 | €16,495 | €53,205 | +€36,710 | +223% |
| Amounts payable after more than one year | 17 | - | €25,351 | +€25,351 | |
| Financial debts | 170/4 | - | €25,351 | +€25,351 | |
| Amounts payable within one year | 42/48 | €16,495 | €27,854 | +€11,359 | +68.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,774 | +€9,774 | |
| Trade debts | 44 | €434 | €382 | -€52 | -12.0% |
| Suppliers | 440/4 | €434 | €382 | -€52 | -12.0% |
| Taxes, remuneration and social security | 45 | €7,377 | €9,349 | +€1,972 | +26.7% |
| Taxes | 450/3 | €7,377 | €9,349 | +€1,972 | +26.7% |
| Other amounts payable | 47/48 | €8,685 | €8,349 | -€335 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €746 | €5,955 | +€5,209 | +698% |
| Other operating charges | 640/8 | - | €949 | +€949 | |
| Gross operating margin | 9900 | €10,085 | €36,003 | +€25,918 | +257% |
| Operating profit (loss) | 9901 | €9,339 | €29,099 | +€19,760 | +212% |
| Financial charges | 65/66B | €61 | €168 | +€107 | +178% |
| Recurring financial charges | 65 | €61 | €168 | +€107 | +178% |
| Profit (loss) for the period before taxes | 9903 | €9,279 | €28,931 | +€19,652 | +212% |
| Income taxes | 67/77 | €3,373 | €6,719 | +€3,347 | +99.2% |
| Profit (loss) for the period | 9904 | €5,906 | €22,212 | +€16,305 | +276% |
| Profit (loss) for the period to be appropriated | 9905 | €5,906 | €22,212 | +€16,305 | +276% |
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 21 October 2026 via checked.be.