LA CONCORDE: what changed
Two fiscal 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.
LA CONCORDE
Largest movements
- Tangible fixed assets +€2,254
up €2,254 (+4.6%), from €49,005 to €51,259
- Cash -€1,922
down €1,922 (-79.9%), from €2,405 to €483
mainly Other debts (-€7,000) and Investment in fixed assets (net) (-€5,146)
- Deferred charges and accrued income -€718
down €718 (-79.7%), from €901 to €183
- Other debts -€7,000
down €7,000 (-31.1%), from €22,535 to €15,535
- Profit (loss) carried forward +€3,107
up €3,107 (+8.0%), from -€38,603 to -€35,496
- Trade debts +€2,981
up €2,981 (+422.9%), from €705 to €3,686
- Gross operating margin +€9,707
up €9,707, from -€1,447 to €8,259
- Depreciation +€1,141
up €1,141 (+65.2%), from €1,751 to €2,892
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.
Cash bridge derived
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 | €52,838 | €51,926 | -€912 | -1.7% |
| Fixed assets | 21/28 | €49,005 | €51,259 | +€2,254 | +4.6% |
| Tangible fixed assets | 22/27 | €49,005 | €51,259 | +€2,254 | +4.6% |
| Land and buildings | 22 | €49,005 | €51,259 | +€2,254 | +4.6% |
| Current assets | 29/58 | €3,833 | €666 | -€3,166 | -82.6% |
| Amounts receivable within one year | 40/41 | €527 | - | -€527 | |
| Trade receivables | 40 | €527 | - | -€527 | |
| Cash at bank and in hand | 54/58 | €2,405 | €483 | -€1,922 | -79.9% |
| Deferred charges and accrued income | 490/1 | €901 | €183 | -€718 | -79.7% |
| Total equity and liabilities | 10/49 | €52,838 | €51,926 | -€912 | -1.7% |
| Equity | 10/15 | €29,597 | €32,704 | +€3,107 | +10.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,603 | -€35,496 | +€3,107 | +8.0% |
| Amounts payable | 17/49 | €23,240 | €19,222 | -€4,019 | -17.3% |
| Amounts payable within one year | 42/48 | €23,240 | €19,222 | -€4,019 | -17.3% |
| Trade debts | 44 | €705 | €3,686 | +€2,981 | +422.9% |
| Suppliers | 440/4 | €705 | €3,686 | +€2,981 | +422.9% |
| Other amounts payable | 47/48 | €22,535 | €15,535 | -€7,000 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,751 | €2,892 | +€1,141 | +65.2% |
| Other operating charges | 640/8 | €2,172 | €2,105 | -€67 | -3.1% |
| Non-recurring operating charges | 66A | €64 | - | -€64 | |
| Gross operating margin | 9900 | -€1,447 | €8,259 | +€9,707 | |
| Operating profit (loss) | 9901 | -€5,434 | €3,262 | +€8,696 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €135 | €156 | +€21 | +15.2% |
| Recurring financial charges | 65 | €135 | €156 | +€21 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,569 | €3,107 | +€8,675 | |
| Profit (loss) for the period | 9904 | -€5,569 | €3,107 | +€8,675 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,569 | €3,107 | +€8,675 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.