P_Concepts: 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.
P_Concepts
Largest movements
- Receivables after one year -€24,687
down €24,687 (-33.3%), from €74,200 to €49,513
- Cash +€12,301
up €12,301 (+231.2%), from €5,321 to €17,622
mainly Net result for the year (+€32,857) and Receivables after one year (+€24,687)
- Receivables within one year -€3,177
down €3,177 (-12.5%), from €25,386 to €22,208
of which Other amounts receivable: -€19,626
- Deferred charges and accrued income -€2,997
no longer reported in 2024 (was €2,997)
- Tangible fixed assets -€2,792
down €2,792 (-2.8%), from €99,390 to €96,599
of which Land and buildings: -€2,433
- Other debts -€20,630
down €20,630 (-45.8%), from €45,078 to €24,448
- Debts after one year -€11,580
down €11,580 (-37.3%), from €31,079 to €19,499
- Accrued charges and deferred income +€8,430
up €8,430 (+444.5%), from €1,896 to €10,326
- Tax, wage and social debts -€8,222
down €8,222 (-72.4%), from €11,356 to €3,134
- Reserves +€7,501
up €7,501 (+6.4%), from €117,615 to €125,117
- Gross operating margin +€12,503
up €12,503 (+31.1%), from €40,256 to €52,759
- Depreciation -€3,792
down €3,792 (-80.2%), from €4,725 to €933
- Taxes +€2,576
up €2,576 (+24.7%), from €10,431 to €13,007
- Other operating charges +€644
up €644 (+32.2%), from €2,004 to €2,648
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,293 | €185,942 | -€21,351 | -10.3% |
| Fixed assets | 21/28 | €99,390 | €96,599 | -€2,792 | -2.8% |
| Tangible fixed assets | 22/27 | €99,390 | €96,599 | -€2,792 | -2.8% |
| Land and buildings | 22 | €98,855 | €96,423 | -€2,433 | -2.5% |
| Plant, machinery and equipment | 23 | €216 | €130 | -€87 | -40.0% |
| Furniture and vehicles | 24 | €319 | €46 | -€273 | -85.6% |
| Current assets | 29/58 | €107,902 | €89,344 | -€18,559 | -17.2% |
| Amounts receivable after more than one year | 29 | €74,200 | €49,513 | -€24,687 | -33.3% |
| Other amounts receivable | 291 | €74,200 | €49,513 | -€24,687 | -33.3% |
| Amounts receivable within one year | 40/41 | €25,386 | €22,208 | -€3,177 | -12.5% |
| Trade receivables | 40 | - | €16,449 | +€16,449 | |
| Other amounts receivable | 41 | €25,386 | €5,759 | -€19,626 | -77.3% |
| Cash at bank and in hand | 54/58 | €5,321 | €17,622 | +€12,301 | +231.2% |
| Deferred charges and accrued income | 490/1 | €2,997 | - | -€2,997 | |
| Total equity and liabilities | 10/49 | €207,293 | €185,942 | -€21,351 | -10.3% |
| Equity | 10/15 | €117,865 | €125,367 | +€7,501 | +6.4% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Capital | 10 | €250 | €250 | = | 0.0% |
| Issued capital | 100 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €117,615 | €125,117 | +€7,501 | +6.4% |
| Distributable reserves | 133 | €117,615 | €125,117 | +€7,501 | +6.4% |
| Amounts payable | 17/49 | €89,428 | €60,576 | -€28,852 | -32.3% |
| Amounts payable after more than one year | 17 | €31,079 | €19,499 | -€11,580 | -37.3% |
| Financial debts | 170/4 | €31,079 | €19,499 | -€11,580 | -37.3% |
| Amounts payable within one year | 42/48 | €56,452 | €30,751 | -€25,702 | -45.5% |
| Trade debts | 44 | €19 | €3,169 | +€3,150 | +16954.0% |
| Suppliers | 440/4 | €19 | €3,169 | +€3,150 | +16954.0% |
| Taxes, remuneration and social security | 45 | €11,356 | €3,134 | -€8,222 | -72.4% |
| Taxes | 450/3 | €11,356 | €3,134 | -€8,222 | -72.4% |
| Other amounts payable | 47/48 | €45,078 | €24,448 | -€20,630 | -45.8% |
| Accrued charges and deferred income | 492/3 | €1,896 | €10,326 | +€8,430 | +444.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,725 | €933 | -€3,792 | -80.2% |
| Other operating charges | 640/8 | €2,004 | €2,648 | +€644 | +32.2% |
| Non-recurring operating charges | 66A | - | €1,859 | +€1,859 | |
| Gross operating margin | 9900 | €40,256 | €52,759 | +€12,503 | +31.1% |
| Operating profit (loss) | 9901 | €33,527 | €47,319 | +€13,792 | +41.1% |
| Financial income | 75/76B | €4 | €1 | -€3 | -72.7% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -72.7% |
| Financial charges | 65/66B | €1,672 | €1,456 | -€216 | -12.9% |
| Recurring financial charges | 65 | €1,614 | €1,456 | -€157 | -9.7% |
| Non-recurring financial charges | 66B | €58 | - | -€58 | |
| Profit (loss) for the period before taxes | 9903 | €31,859 | €45,864 | +€14,005 | +44.0% |
| Income taxes | 67/77 | €10,431 | €13,007 | +€2,576 | +24.7% |
| Profit (loss) for the period | 9904 | €21,428 | €32,857 | +€11,429 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,428 | €32,857 | +€11,429 | +53.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.