M.A. CONCEPT CONSTRUCT: 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.
M.A. CONCEPT CONSTRUCT
Largest movements
- Receivables within one year +€9,588
up €9,588 (+233.7%), from €4,103 to €13,691
of which Trade receivables: +€5,148
- Cash -€5,316
down €5,316 (-77.8%), from €6,831 to €1,515
mainly Receivables within one year (-€9,588) and Trade debts (-€1,908)
- Tangible fixed assets -€826
down €826 (-48.9%), from €1,689 to €862
of which Furniture and vehicles: -€826
- Profit (loss) carried forward +€5,353
up €5,353 (+68.5%), from -€7,811 to -€2,458
- Trade debts -€1,908
down €1,908 (-18.1%), from €10,532 to €8,624
- Gross operating margin +€14,731
up €14,731, from -€7,918 to €6,814
- Depreciation -€5,336
down €5,336 (-86.6%), from €6,162 to €826
- Other operating charges -€189
down €189 (-30.1%), from €630 to €440
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 | €12,721 | €16,166 | +€3,445 | +27.1% |
| Fixed assets | 21/28 | €1,787 | €960 | -€826 | -46.3% |
| Tangible fixed assets | 22/27 | €1,689 | €862 | -€826 | -48.9% |
| Plant, machinery and equipment | 23 | €36 | €36 | = | 0.0% |
| Furniture and vehicles | 24 | €1,653 | €826 | -€826 | -50.0% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €10,934 | €15,206 | +€4,271 | +39.1% |
| Amounts receivable within one year | 40/41 | €4,103 | €13,691 | +€9,588 | +233.7% |
| Trade receivables | 40 | €1,082 | €6,230 | +€5,148 | +475.7% |
| Other amounts receivable | 41 | €3,021 | €7,461 | +€4,440 | +147.0% |
| Cash at bank and in hand | 54/58 | €6,831 | €1,515 | -€5,316 | -77.8% |
| Total equity and liabilities | 10/49 | €12,721 | €16,166 | +€3,445 | +27.1% |
| Equity | 10/15 | €2,189 | €7,542 | +€5,353 | +244.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,811 | -€2,458 | +€5,353 | +68.5% |
| Amounts payable | 17/49 | €10,532 | €8,624 | -€1,908 | -18.1% |
| Amounts payable within one year | 42/48 | €10,532 | €8,624 | -€1,908 | -18.1% |
| Trade debts | 44 | €10,532 | €8,624 | -€1,908 | -18.1% |
| Suppliers | 440/4 | €10,532 | €8,624 | -€1,908 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,162 | €826 | -€5,336 | -86.6% |
| Other operating charges | 640/8 | €630 | €440 | -€189 | -30.1% |
| Gross operating margin | 9900 | -€7,918 | €6,814 | +€14,731 | |
| Operating profit (loss) | 9901 | -€14,710 | €5,547 | +€20,257 | |
| Financial charges | 65/66B | €142 | €194 | +€52 | +36.8% |
| Recurring financial charges | 65 | €142 | €194 | +€52 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,851 | €5,353 | +€20,204 | |
| Profit (loss) for the period | 9904 | -€14,851 | €5,353 | +€20,204 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,851 | €5,353 | +€20,204 |
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 9 October 2026 via checked.be.