KONKORDO: what changed
KONKORDO
Largest movements
- Receivables within one year +€5,378
up €5,378 (+24.2%), from €22,187 to €27,564
of which Trade receivables: +€4,810
- Tangible fixed assets -€4,591
down €4,591 (-49.6%), from €9,249 to €4,658
of which Plant, machinery and equipment: -€5,253
- Cash +€3,699
up €3,699 (+11.5%), from €32,281 to €35,980
mainly Net result for the year (+€17,371) and Other debts (+€12,249)
- Profit (loss) carried forward -€19,982
down €19,982 (-38.3%), from €52,127 to €32,145
- Other debts +€12,249
up €12,249 (+2,445%), from €501 to €12,750
- Trade debts +€10,555
up €10,555 (+859%), from €1,228 to €11,783
- Tax, wage and social debts +€1,695
up €1,695 (+24.7%), from €6,860 to €8,555
of which Taxes: +€1,682
- Gross operating margin +€6,059
up €6,059 (+23.3%), from €26,042 to €32,102
- Taxes +€3,232
up €3,232 (+70.4%), from €4,593 to €7,825
- Depreciation -€1,279
down €1,279 (-18.4%), from €6,967 to €5,687
- Financial charges -€375
down €375 (-33.9%), from €1,107 to €732
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,717 | €68,234 | +€4,517 | +7.1% |
| Fixed assets | 21/28 | €9,249 | €4,658 | -€4,591 | -49.6% |
| Tangible fixed assets | 22/27 | €9,249 | €4,658 | -€4,591 | -49.6% |
| Plant, machinery and equipment | 23 | €6,044 | €791 | -€5,253 | -86.9% |
| Furniture and vehicles | 24 | €3,205 | €3,867 | +€663 | +20.7% |
| Current assets | 29/58 | €54,468 | €63,575 | +€9,107 | +16.7% |
| Amounts receivable within one year | 40/41 | €22,187 | €27,564 | +€5,378 | +24.2% |
| Trade receivables | 40 | €21,780 | €26,590 | +€4,810 | +22.1% |
| Other amounts receivable | 41 | €407 | €975 | +€568 | +140% |
| Cash at bank and in hand | 54/58 | €32,281 | €35,980 | +€3,699 | +11.5% |
| Deferred charges and accrued income | 490/1 | - | €31 | +€31 | |
| Total equity and liabilities | 10/49 | €63,717 | €68,234 | +€4,517 | +7.1% |
| Equity | 10/15 | €55,127 | €35,145 | -€19,982 | -36.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,127 | €32,145 | -€19,982 | -38.3% |
| Amounts payable | 17/49 | €8,590 | €33,088 | +€24,499 | +285% |
| Amounts payable within one year | 42/48 | €8,590 | €33,088 | +€24,499 | +285% |
| Trade debts | 44 | €1,228 | €11,783 | +€10,555 | +859% |
| Suppliers | 440/4 | €1,228 | €11,783 | +€10,555 | +859% |
| Taxes, remuneration and social security | 45 | €6,860 | €8,555 | +€1,695 | +24.7% |
| Taxes | 450/3 | €5,353 | €7,036 | +€1,682 | +31.4% |
| Remuneration and social security | 454/9 | €1,507 | €1,520 | +€13 | +0.8% |
| Other amounts payable | 47/48 | €501 | €12,750 | +€12,249 | +2,445% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,967 | €5,687 | -€1,279 | -18.4% |
| Other operating charges | 640/8 | €621 | €520 | -€102 | -16.4% |
| Gross operating margin | 9900 | €26,042 | €32,102 | +€6,059 | +23.3% |
| Operating profit (loss) | 9901 | €18,454 | €25,894 | +€7,440 | +40.3% |
| Financial income | 75/76B | €20 | €33 | +€13 | +67.0% |
| Recurring financial income | 75 | €20 | €33 | +€13 | +67.0% |
| Financial charges | 65/66B | €1,107 | €732 | -€375 | -33.9% |
| Recurring financial charges | 65 | €1,107 | €732 | -€375 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €17,367 | €25,196 | +€7,828 | +45.1% |
| Income taxes | 67/77 | €4,593 | €7,825 | +€3,232 | +70.4% |
| Profit (loss) for the period | 9904 | €12,774 | €17,371 | +€4,597 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,774 | €17,371 | +€4,597 | +36.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.