THE CONCEPT HOUSE: 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.
THE CONCEPT HOUSE
Largest movements
- Receivables within one year +€9,721
up €9,721 (+12.7%), from €76,367 to €86,088
of which Other amounts receivable: +€5,630
- Cash +€7,863
up €7,863 (+18.8%), from €41,883 to €49,746
- Trade debts +€34,755
up €34,755 (+55.0%), from €63,214 to €97,968
- Other debts -€11,236
down €11,236 (-87.6%), from €12,833 to €1,597
- Tax, wage and social debts -€8,237
no longer reported in 2025 (was €8,237)
- Reserves +€7,947
up €7,947 (+427%), from €1,860 to €9,807
of which Distributable reserves: +€9,807
- Accrued charges and deferred income -€5,400
no longer reported in 2025 (was €5,400)
- Gross operating margin -€5,046
down €5,046 (-25.9%), from €19,452 to €14,406
- Other operating charges +€360
up €360 (+90.2%), from €399 to €759
- Taxes -€293
down €293 (-5.7%), from €5,097 to €4,804
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,740 | €136,569 | +€17,830 | +15.0% |
| Fixed assets | 21/28 | €234 | - | -€234 | |
| Tangible fixed assets | 22/27 | €234 | - | -€234 | |
| Furniture and vehicles | 24 | €234 | - | -€234 | |
| Current assets | 29/58 | €118,506 | €136,569 | +€18,063 | +15.2% |
| Amounts receivable within one year | 40/41 | €76,367 | €86,088 | +€9,721 | +12.7% |
| Trade receivables | 40 | €76,134 | €80,224 | +€4,090 | +5.4% |
| Other amounts receivable | 41 | €234 | €5,864 | +€5,630 | +2,411% |
| Cash at bank and in hand | 54/58 | €41,883 | €49,746 | +€7,863 | +18.8% |
| Deferred charges and accrued income | 490/1 | €256 | €736 | +€479 | +187% |
| Total equity and liabilities | 10/49 | €118,740 | €136,569 | +€17,830 | +15.0% |
| Equity | 10/15 | €29,057 | €37,004 | +€7,947 | +27.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €9,807 | +€7,947 | +427% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €9,807 | +€9,807 | |
| Profit (loss) carried forward | 14 | €19,697 | €19,697 | = | 0.0% |
| Amounts payable | 17/49 | €89,683 | €99,566 | +€9,882 | +11.0% |
| Amounts payable within one year | 42/48 | €84,283 | €99,566 | +€15,282 | +18.1% |
| Trade debts | 44 | €63,214 | €97,968 | +€34,755 | +55.0% |
| Suppliers | 440/4 | €63,214 | €97,968 | +€34,755 | +55.0% |
| Taxes, remuneration and social security | 45 | €8,237 | - | -€8,237 | |
| Taxes | 450/3 | €8,237 | - | -€8,237 | |
| Other amounts payable | 47/48 | €12,833 | €1,597 | -€11,236 | -87.6% |
| Accrued charges and deferred income | 492/3 | €5,400 | - | -€5,400 | |
| Remuneration, social security and pensions | 62 | €384 | €387 | +€3 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €234 | -€174 | -42.7% |
| Other operating charges | 640/8 | €399 | €759 | +€360 | +90.2% |
| Non-recurring operating charges | 66A | - | €140 | +€140 | |
| Gross operating margin | 9900 | €19,452 | €14,406 | -€5,046 | -25.9% |
| Operating profit (loss) | 9901 | €18,260 | €12,885 | -€5,375 | -29.4% |
| Financial income | 75/76B | €93 | €212 | +€120 | +129% |
| Recurring financial income | 75 | €93 | €212 | +€120 | +129% |
| Financial charges | 65/66B | €201 | €347 | +€145 | +72.2% |
| Recurring financial charges | 65 | €201 | €347 | +€145 | +72.2% |
| Profit (loss) for the period before taxes | 9903 | €18,152 | €12,751 | -€5,401 | -29.8% |
| Income taxes | 67/77 | €5,097 | €4,804 | -€293 | -5.7% |
| Profit (loss) for the period | 9904 | €13,055 | €7,947 | -€5,108 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,055 | €7,947 | -€5,108 | -39.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.