KoreKoncept: 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.
KoreKoncept
Largest movements
- Receivables within one year +€21,404
up €21,404, from €0 to €21,404
of which Other amounts receivable: +€20,000
- Deferred charges and accrued income -€4,187
down €4,187 (-82.2%), from €5,096 to €909
- Intangible fixed assets -€2,500
down €2,500 (-45.8%), from €5,458 to €2,958
- Cash +€2,105
up €2,105 (+3.2%), from €66,563 to €68,667
mainly Depreciation (+€12,611) and Tax, wage and social debts (+€9,558)
- Tax, wage and social debts +€9,558
up €9,558 (+257%), from €3,720 to €13,278
of which Remuneration and social security: +€6,439
- Accrued charges and deferred income +€8,029
up €8,029 (+878%), from €914 to €8,943
- Trade debts -€4,759
down €4,759 (-88.6%), from €5,372 to €613
- Profit (loss) carried forward +€2,875
up €2,875 (+3.1%), from €92,549 to €95,424
- Staff costs +€43,824
up €43,824 (+376%), from €11,662 to €55,486
- Gross operating margin +€39,106
up €39,106 (+101%), from €38,776 to €77,883
- Other operating charges -€2,475
down €2,475 (-62.1%), from €3,987 to €1,513
- Depreciation +€991
up €991 (+8.5%), from €11,621 to €12,611
- Financial charges -€878
down €878 (-21.0%), from €4,178 to €3,300
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 | €111,483 | €126,644 | +€15,161 | +13.6% |
| Fixed assets | 21/28 | €33,356 | €30,105 | -€3,251 | -9.7% |
| Intangible fixed assets | 21 | €5,458 | €2,958 | -€2,500 | -45.8% |
| Tangible fixed assets | 22/27 | €27,897 | €27,146 | -€751 | -2.7% |
| Plant, machinery and equipment | 23 | €26,231 | €24,703 | -€1,528 | -5.8% |
| Furniture and vehicles | 24 | €1,666 | €2,443 | +€777 | +46.6% |
| Current assets | 29/58 | €78,127 | €96,539 | +€18,412 | +23.6% |
| Stocks and contracts in progress | 3 | €6,468 | €5,559 | -€910 | -14.1% |
| Stocks | 30/36 | €6,468 | €5,559 | -€910 | -14.1% |
| Amounts receivable within one year | 40/41 | €0 | €21,404 | +€21,404 | |
| Trade receivables | 40 | €0 | €1,404 | +€1,404 | |
| Other amounts receivable | 41 | €0 | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €66,563 | €68,667 | +€2,105 | +3.2% |
| Deferred charges and accrued income | 490/1 | €5,096 | €909 | -€4,187 | -82.2% |
| Total equity and liabilities | 10/49 | €111,483 | €126,644 | +€15,161 | +13.6% |
| Equity | 10/15 | €100,609 | €103,484 | +€2,875 | +2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,549 | €95,424 | +€2,875 | +3.1% |
| Amounts payable | 17/49 | €10,873 | €23,160 | +€12,287 | +113% |
| Amounts payable within one year | 42/48 | €9,959 | €14,217 | +€4,258 | +42.8% |
| Trade debts | 44 | €5,372 | €613 | -€4,759 | -88.6% |
| Suppliers | 440/4 | €5,372 | €613 | -€4,759 | -88.6% |
| Taxes, remuneration and social security | 45 | €3,720 | €13,278 | +€9,558 | +257% |
| Taxes | 450/3 | €2,451 | €5,570 | +€3,119 | +127% |
| Remuneration and social security | 454/9 | €1,269 | €7,707 | +€6,439 | +507% |
| Other amounts payable | 47/48 | €867 | €327 | -€541 | -62.3% |
| Accrued charges and deferred income | 492/3 | €914 | €8,943 | +€8,029 | +878% |
| Remuneration, social security and pensions | 62 | €11,662 | €55,486 | +€43,824 | +376% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,621 | €12,611 | +€991 | +8.5% |
| Other operating charges | 640/8 | €3,987 | €1,513 | -€2,475 | -62.1% |
| Gross operating margin | 9900 | €38,776 | €77,883 | +€39,106 | +101% |
| Operating profit (loss) | 9901 | €11,506 | €8,273 | -€3,234 | -28.1% |
| Financial income | 75/76B | €506 | €972 | +€466 | +92.0% |
| Recurring financial income | 75 | €506 | €972 | +€466 | +92.0% |
| Financial charges | 65/66B | €4,178 | €3,300 | -€878 | -21.0% |
| Recurring financial charges | 65 | €4,178 | €3,300 | -€878 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €7,834 | €5,944 | -€1,890 | -24.1% |
| Income taxes | 67/77 | €3,215 | €3,070 | -€145 | -4.5% |
| Profit (loss) for the period | 9904 | €4,619 | €2,875 | -€1,744 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,619 | €2,875 | -€1,744 | -37.8% |
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.