O.CONCEPT: 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.
O.CONCEPT
Largest movements
- Tangible fixed assets -€17,399
down €17,399 (-11.3%), from €153,637 to €136,237
of which Land and buildings: -€10,384
- Intangible fixed assets -€13,777
down €13,777 (-14.3%), from €96,437 to €82,660
- Receivables within one year -€11,074
down €11,074 (-28.4%), from €38,946 to €27,872
of which Other amounts receivable: -€15,331
- Cash -€9,108
down €9,108 (-55.4%), from €16,451 to €7,343
mainly Net result for the year (-€101,777) and Debts after one year (-€20,946)
- Profit (loss) carried forward -€101,777
down €101,777 (-173.6%), from -€58,635 to -€160,412
- Debts after one year -€20,946
down €20,946 (-8.1%), from €258,650 to €237,704
- Other debts +€19,654
new in 2023: €19,654
- Tax, wage and social debts +€18,006
up €18,006 (+43.0%), from €41,877 to €59,883
of which Taxes: +€10,271
- Trade debts +€14,212
up €14,212 (+63.8%), from €22,259 to €36,471
- Gross operating margin -€181,818
down €181,818, from €177,124 to -€4,694
- Staff costs -€58,864
down €58,864 (-55.7%), from €105,624 to €46,759
- Other operating charges -€4,990
down €4,990 (-36.4%), from €13,719 to €8,730
- Financial charges -€3,718
down €3,718 (-32.2%), from €11,564 to €7,846
- Taxes -€2,723
no longer reported in 2023 (was €2,723)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €324,278 | €269,760 | -€54,519 | -16.8% |
| Fixed assets | 21/28 | €255,953 | €224,777 | -€31,176 | -12.2% |
| Intangible fixed assets | 21 | €96,437 | €82,660 | -€13,777 | -14.3% |
| Tangible fixed assets | 22/27 | €153,637 | €136,237 | -€17,399 | -11.3% |
| Land and buildings | 22 | €133,654 | €123,270 | -€10,384 | -7.8% |
| Plant, machinery and equipment | 23 | €9,772 | €4,521 | -€5,251 | -53.7% |
| Furniture and vehicles | 24 | €10,211 | €8,447 | -€1,764 | -17.3% |
| Financial fixed assets | 28 | €5,880 | €5,880 | = | 0.0% |
| Current assets | 29/58 | €68,325 | €44,983 | -€23,343 | -34.2% |
| Stocks and contracts in progress | 3 | €11,539 | €9,708 | -€1,831 | -15.9% |
| Stocks | 30/36 | €11,539 | €9,708 | -€1,831 | -15.9% |
| Amounts receivable within one year | 40/41 | €38,946 | €27,872 | -€11,074 | -28.4% |
| Trade receivables | 40 | €7,351 | €11,607 | +€4,256 | +57.9% |
| Other amounts receivable | 41 | €31,596 | €16,265 | -€15,331 | -48.5% |
| Cash at bank and in hand | 54/58 | €16,451 | €7,343 | -€9,108 | -55.4% |
| Deferred charges and accrued income | 490/1 | €1,390 | €59 | -€1,330 | -95.7% |
| Total equity and liabilities | 10/49 | €324,278 | €269,760 | -€54,519 | -16.8% |
| Equity | 10/15 | -€38,175 | -€139,952 | -€101,777 | -266.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,635 | -€160,412 | -€101,777 | -173.6% |
| Amounts payable | 17/49 | €362,454 | €409,712 | +€47,258 | +13.0% |
| Amounts payable after more than one year | 17 | €258,650 | €237,704 | -€20,946 | -8.1% |
| Financial debts | 170/4 | €258,650 | €237,704 | -€20,946 | -8.1% |
| Amounts payable within one year | 42/48 | €103,804 | €172,008 | +€68,204 | +65.7% |
| Current portion of amounts payable after more than one year | 42 | €34,884 | €41,000 | +€6,116 | +17.5% |
| Financial debts | 43 | €4,784 | €15,000 | +€10,216 | +213.6% |
| Credit institutions | 430/8 | €4,784 | €15,000 | +€10,216 | +213.6% |
| Trade debts | 44 | €22,259 | €36,471 | +€14,212 | +63.8% |
| Suppliers | 440/4 | €22,259 | €36,471 | +€14,212 | +63.8% |
| Taxes, remuneration and social security | 45 | €41,877 | €59,883 | +€18,006 | +43.0% |
| Taxes | 450/3 | €21,886 | €32,156 | +€10,271 | +46.9% |
| Remuneration and social security | 454/9 | €19,991 | €27,726 | +€7,735 | +38.7% |
| Other amounts payable | 47/48 | - | €19,654 | +€19,654 | |
| Remuneration, social security and pensions | 62 | €105,624 | €46,759 | -€58,864 | -55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,689 | €33,749 | +€60 | +0.2% |
| Other operating charges | 640/8 | €13,719 | €8,730 | -€4,990 | -36.4% |
| Gross operating margin | 9900 | €177,124 | -€4,694 | -€181,818 | |
| Operating profit (loss) | 9901 | €24,092 | -€93,932 | -€118,023 | |
| Financial income | 75/76B | €10 | €1 | -€9 | -93.0% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -93.0% |
| Financial charges | 65/66B | €11,564 | €7,846 | -€3,718 | -32.2% |
| Recurring financial charges | 65 | €11,564 | €7,846 | -€3,718 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €12,538 | -€101,777 | -€114,315 | |
| Income taxes | 67/77 | €2,723 | - | -€2,723 | |
| Profit (loss) for the period | 9904 | €9,815 | -€101,777 | -€111,592 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,815 | -€101,777 | -€111,592 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.