LA CONCORDE: 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.
What changed
LA CONCORDE
NACE 46.331, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €1.2m+€31,043
Equity
€3.6m
2024 · €2.4m+€1.2m
Cash
€1.1m
2024 · €1.5m-€443,777
Balance sheet total
€13.4m
2024 · €10.1m+€3.3m
Largest movements
Assets
- Tangible fixed assets +€2.3m
up €2.3m (+96.4%), from €2.4m to €4.7m
of which Assets under construction and advance payments: +€2.3m
- Receivables within one year +€806,654
up €806,654 (+20.8%), from €3.9m to €4.7m
of which Trade receivables: +€731,194
- Stocks and contracts +€654,430
up €654,430 (+28.7%), from €2.3m to €2.9m
- Cash -€443,777
down €443,777 (-29.7%), from €1.5m to €1.1m
mainly Investment in fixed assets (net) (-€2.6m) and Receivables within one year (-€806,654)
Equity and liabilities
- Debts after one year +€2.0m
up €2.0m (+79.2%), from €2.5m to €4.5m
- Profit (loss) carried forward +€1.2m
up €1.2m (+76.5%), from €1.6m to €2.9m
- Tax, wage and social debts +€178,290
up €178,290 (+132%), from €135,121 to €313,412
of which Taxes: +€142,494
Income statement
- Turnover +€8.5m
up €8.5m (+27.8%), from €30.7m to €39.2m
- Goods and materials +€7.5m
up €7.5m (+30.8%), from €24.3m to €31.9m
of which Purchases: +€6.9m
- Services and other goods +€948,192
up €948,192 (+31.9%), from €3.0m to €3.9m
- Taxes +€581,930
up €581,930, from -€291,435 to €290,495
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.
Result 2024
€1.2m
Turnover
+€8.5m
Other operating income
-€14,839
Goods and materials
-€7.5m
Services and other goods
-€948,192
Staff costs
+€269,523
Depreciation
+€4,369
Write-downs
-€7,283
Other operating charges
-€1,677
Other operating items
+€318,264
Financial income
+€748
Financial charges
-€18,865
Taxes
-€581,930
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€144,085
Investment
-€2.6m
Financing
+€2.0m
Cash 2024
€1.5m
From operations (derived)
+€144,085
Net result for the year
+€1.2m
Depreciation
+€286,947
Stocks and contracts
-€654,430
Receivables within one year
-€806,654
Deferred charges and accrued income
-€14,160
Trade debts
-€100,118
Tax, wage and social debts
+€178,290
Other debts
+€20,938
Accrued charges and deferred income
-€3,591
Investment (derived)
-€2.6m
Investment in fixed assets (net)
-€2.6m
Financing
+€2.0m
Debts after one year
+€2.0m
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,069,314 | €13,390,580 | +€3.3m | +33.0% |
| Fixed assets | 21/28 | €2,381,064 | €4,670,862 | +€2.3m | +96.2% |
| Tangible fixed assets | 22/27 | €2,374,227 | €4,664,026 | +€2.3m | +96.4% |
| Land and buildings | 22 | €1,627,912 | €1,542,633 | -€85,279 | -5.2% |
| Plant, machinery and equipment | 23 | €447,034 | €350,975 | -€96,059 | -21.5% |
| Furniture and vehicles | 24 | €0 | €148,203 | +€148,203 | +114,002,208% |
| Other tangible fixed assets | 26 | €145,047 | €168,302 | +€23,255 | +16.0% |
| Assets under construction and advance payments | 27 | €154,235 | €2,453,913 | +€2.3m | +1,491% |
| Financial fixed assets | 28 | €6,837 | €6,837 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,837 | €6,837 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,837 | €6,837 | = | 0.0% |
| Current assets | 29/58 | €7,688,250 | €8,719,718 | +€1.0m | +13.4% |
| Stocks and contracts in progress | 3 | €2,283,579 | €2,938,009 | +€654,430 | +28.7% |
| Stocks | 30/36 | €2,283,579 | €2,938,009 | +€654,430 | +28.7% |
| Raw materials and consumables | 30/31 | €449,570 | €730,637 | +€281,067 | +62.5% |
| Work in progress | 32 | €2,437 | €55,245 | +€52,808 | +2,167% |
| Finished goods | 33 | €208,921 | €2,152,127 | +€1.9m | +930% |
| Goods purchased for resale | 34 | €1,622,650 | - | -€1.6m | |
| Amounts receivable within one year | 40/41 | €3,881,718 | €4,688,372 | +€806,654 | +20.8% |
| Trade receivables | 40 | €3,797,045 | €4,528,239 | +€731,194 | +19.3% |
| Other amounts receivable | 41 | €84,673 | €160,134 | +€75,461 | +89.1% |
| Cash at bank and in hand | 54/58 | €1,494,699 | €1,050,921 | -€443,777 | -29.7% |
| Deferred charges and accrued income | 490/1 | €28,255 | €42,415 | +€14,160 | +50.1% |
| Total equity and liabilities | 10/49 | €10,069,314 | €13,390,580 | +€3.3m | +33.0% |
| Equity | 10/15 | €2,409,333 | €3,646,198 | +€1.2m | +51.3% |
| Contributions | 10/11 | €223,000 | €223,000 | = | 0.0% |
| Capital | 10 | €223,000 | €223,000 | = | 0.0% |
| Issued capital | 100 | €223,000 | €223,000 | = | 0.0% |
| Reserves | 13 | €568,550 | €568,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,300 | €22,300 | = | 0.0% |
| Legal reserve | 130 | €22,300 | €22,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €490,000 | €490,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,617,783 | €2,854,648 | +€1.2m | +76.5% |
| Amounts payable | 17/49 | €7,659,981 | €9,744,383 | +€2.1m | +27.2% |
| Amounts payable after more than one year | 17 | €2,511,117 | €4,500,000 | +€2.0m | +79.2% |
| Other amounts payable | 178/9 | €2,511,117 | €4,500,000 | +€2.0m | +79.2% |
| Amounts payable within one year | 42/48 | €4,883,518 | €4,982,628 | +€99,110 | +2.0% |
| Trade debts | 44 | €4,578,312 | €4,478,194 | -€100,118 | -2.2% |
| Suppliers | 440/4 | €4,578,312 | €4,478,194 | -€100,118 | -2.2% |
| Taxes, remuneration and social security | 45 | €135,121 | €313,412 | +€178,290 | +132% |
| Taxes | 450/3 | - | €142,494 | +€142,494 | |
| Remuneration and social security | 454/9 | €135,121 | €170,917 | +€35,796 | +26.5% |
| Other amounts payable | 47/48 | €170,085 | €191,022 | +€20,938 | +12.3% |
| Accrued charges and deferred income | 492/3 | €265,346 | €261,755 | -€3,591 | -1.4% |
| Operating income | 70/76A | €30,781,125 | €39,601,368 | +€8.8m | +28.7% |
| Turnover | 70 | €30,650,764 | €39,167,582 | +€8.5m | +27.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €55,100 | €373,364 | +€318,264 | +578% |
| Other operating income | 74 | €75,261 | €60,422 | -€14,839 | -19.7% |
| Operating charges | 60/66A | €29,735,210 | €37,924,363 | +€8.2m | +27.5% |
| Goods for resale, raw materials and consumables | 60 | €24,345,879 | €31,851,773 | +€7.5m | +30.8% |
| Purchases | 600/8 | €25,217,681 | €32,132,840 | +€6.9m | +27.4% |
| Change in stocks: decrease (increase) | 609 | -€871,802 | -€281,067 | +€590,735 | +67.8% |
| Services and other goods | 61 | €2,971,862 | €3,920,054 | +€948,192 | +31.9% |
| Remuneration, social security and pensions | 62 | €2,094,151 | €1,824,628 | -€269,523 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291,316 | €286,947 | -€4,369 | -1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,547 | €735 | +€7,283 | |
| Other operating charges | 640/8 | €38,549 | €40,226 | +€1,677 | +4.4% |
| Operating profit (loss) | 9901 | €1,045,915 | €1,677,004 | +€631,090 | +60.3% |
| Financial income | 75/76B | - | €748 | +€748 | |
| Recurring financial income | 75 | - | €748 | +€748 | |
| Other financial income | 752/9 | - | €748 | +€748 | |
| Financial charges | 65/66B | €131,528 | €150,393 | +€18,865 | +14.3% |
| Recurring financial charges | 65 | €131,528 | €150,393 | +€18,865 | +14.3% |
| Debt charges | 650 | €118,761 | €146,312 | +€27,551 | +23.2% |
| Other financial charges | 652/9 | €12,768 | €4,081 | -€8,686 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | €914,386 | €1,527,359 | +€612,973 | +67.0% |
| Income taxes | 67/77 | -€291,435 | €290,495 | +€581,930 | |
| Taxes | 670/3 | €494 | €290,495 | +€290,001 | +58,705% |
| Tax adjustments and reversals of tax provisions | 77 | €291,929 | - | -€291,929 | |
| Profit (loss) for the period | 9904 | €1,205,821 | €1,236,864 | +€31,043 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,205,821 | €1,236,864 | +€31,043 | +2.6% |
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 13 October 2026 via checked.be.