O CONCEPT CHAUFFAGE: what changed
What changed
O CONCEPT CHAUFFAGE
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€37,622
2024 · €48,222-€10,599
Equity
€225,423
2024 · €214,541+€10,882
Cash
€31,467
2024 · €39,400-€7,933
Balance sheet total
€335,609
2024 · €352,189-€16,580
Largest movements
Assets
- Current investments +€39,419
up €39,419 (+65.1%), from €60,593 to €100,011
- Tangible fixed assets -€27,193
down €27,193 (-13.9%), from €195,374 to €168,181
of which Land and buildings: -€15,291
- Receivables within one year -€19,715
down €19,715 (-66.3%), from €29,720 to €10,006
of which Trade receivables: -€16,707
- Cash -€7,933
down €7,933 (-20.1%), from €39,400 to €31,467
mainly Current investments (-€39,419) and Contributions, distributions and other (-€26,740)
Equity and liabilities
- Debts after one year -€14,202
down €14,202 (-18.4%), from €77,221 to €63,019
- Other debts -€12,395
down €12,395 (-64.7%), from €19,148 to €6,753
- Current portion of long-term debt -€9,139
down €9,139 (-38.4%), from €23,819 to €14,680
- Profit (loss) carried forward +€7,622
up €7,622 (+22.3%), from €34,109 to €41,731
- Trade debts +€6,058
up €6,058 (+81.4%), from €7,447 to €13,505
Income statement
- Gross operating margin -€7,594
down €7,594 (-4.9%), from €154,465 to €146,871
- Staff costs +€5,589
up €5,589 (+9.6%), from €58,488 to €64,077
- Depreciation -€2,349
down €2,349 (-7.9%), from €29,541 to €27,193
- Write-downs +€2,000
new in 2025: €2,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€48,222
Gross operating margin
-€7,594
Staff costs
-€5,589
Depreciation
+€2,349
Write-downs
-€2,000
Other operating charges
+€645
Financial income
-€280
Financial charges
+€1,358
Taxes
+€511
Result 2025
€37,622
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€81,567
Investment
-€39,419
Financing
-€50,081
Cash 2024
€39,400
From operations (derived)
+€81,567
Net result for the year
+€37,622
Depreciation
+€27,193
Stocks and contracts
+€1,441
Receivables within one year
+€19,715
Deferred charges and accrued income
-€283
Trade debts
+€6,058
Tax, wage and social debts
+€2,215
Other debts
-€12,395
Investment (derived)
-€39,419
Current investments
-€39,419
Financing
-€50,081
Debts after one year
-€14,202
Current portion of long-term debt
-€9,139
Contributions, distributions and other
-€26,740
Cash 2025
€31,467
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €352,189 | €335,609 | -€16,580 | -4.7% |
| Fixed assets | 21/28 | €198,979 | €171,786 | -€27,193 | -13.7% |
| Tangible fixed assets | 22/27 | €195,374 | €168,181 | -€27,193 | -13.9% |
| Land and buildings | 22 | €177,179 | €161,889 | -€15,291 | -8.6% |
| Plant, machinery and equipment | 23 | €366 | €111 | -€255 | -69.8% |
| Furniture and vehicles | 24 | €17,829 | €6,182 | -€11,647 | -65.3% |
| Financial fixed assets | 28 | €3,605 | €3,605 | = | 0.0% |
| Current assets | 29/58 | €153,210 | €163,823 | +€10,613 | +6.9% |
| Stocks and contracts in progress | 3 | €18,429 | €16,987 | -€1,441 | -7.8% |
| Stocks | 30/36 | €18,429 | €16,987 | -€1,441 | -7.8% |
| Amounts receivable within one year | 40/41 | €29,720 | €10,006 | -€19,715 | -66.3% |
| Trade receivables | 40 | €25,789 | €9,082 | -€16,707 | -64.8% |
| Other amounts receivable | 41 | €3,931 | €924 | -€3,007 | -76.5% |
| Current investments | 50/53 | €60,593 | €100,011 | +€39,419 | +65.1% |
| Cash at bank and in hand | 54/58 | €39,400 | €31,467 | -€7,933 | -20.1% |
| Deferred charges and accrued income | 490/1 | €5,069 | €5,352 | +€283 | +5.6% |
| Total equity and liabilities | 10/49 | €352,189 | €335,609 | -€16,580 | -4.7% |
| Equity | 10/15 | €214,541 | €225,423 | +€10,882 | +5.1% |
| Contributions | 10/11 | €6,267 | €6,267 | = | 0.0% |
| Reserves | 13 | €166,860 | €171,860 | +€5,000 | +3.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €165,000 | €170,000 | +€5,000 | +3.0% |
| Profit (loss) carried forward | 14 | €34,109 | €41,731 | +€7,622 | +22.3% |
| Investment grants | 15 | €7,306 | €5,566 | -€1,740 | -23.8% |
| Amounts payable | 17/49 | €137,648 | €110,186 | -€27,463 | -20.0% |
| Amounts payable after more than one year | 17 | €77,221 | €63,019 | -€14,202 | -18.4% |
| Financial debts | 170/4 | €77,221 | €63,019 | -€14,202 | -18.4% |
| Amounts payable within one year | 42/48 | €60,427 | €47,166 | -€13,261 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €23,819 | €14,680 | -€9,139 | -38.4% |
| Trade debts | 44 | €7,447 | €13,505 | +€6,058 | +81.4% |
| Suppliers | 440/4 | €7,447 | €13,505 | +€6,058 | +81.4% |
| Taxes, remuneration and social security | 45 | €10,013 | €12,228 | +€2,215 | +22.1% |
| Taxes | 450/3 | €6,829 | €10,737 | +€3,908 | +57.2% |
| Remuneration and social security | 454/9 | €3,184 | €1,492 | -€1,693 | -53.2% |
| Other amounts payable | 47/48 | €19,148 | €6,753 | -€12,395 | -64.7% |
| Remuneration, social security and pensions | 62 | €58,488 | €64,077 | +€5,589 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,541 | €27,193 | -€2,349 | -7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €3,821 | €3,176 | -€645 | -16.9% |
| Gross operating margin | 9900 | €154,465 | €146,871 | -€7,594 | -4.9% |
| Operating profit (loss) | 9901 | €62,615 | €50,426 | -€12,189 | -19.5% |
| Financial income | 75/76B | €4,218 | €3,938 | -€280 | -6.6% |
| Recurring financial income | 75 | €4,218 | €3,938 | -€280 | -6.6% |
| Financial charges | 65/66B | €4,035 | €2,677 | -€1,358 | -33.7% |
| Recurring financial charges | 65 | €4,035 | €2,677 | -€1,358 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €62,798 | €51,687 | -€11,111 | -17.7% |
| Income taxes | 67/77 | €14,576 | €14,065 | -€511 | -3.5% |
| Profit (loss) for the period | 9904 | €48,222 | €37,622 | -€10,599 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,222 | €37,622 | -€10,599 | -22.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.