WORLD CONCEPT PROJECT: 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.
WORLD CONCEPT PROJECT
Largest movements
- Receivables within one year -€31,804
down €31,804 (-17.7%), from €179,820 to €148,016
of which Trade receivables: -€34,520
- Cash -€10,040
down €10,040 (-95.7%), from €10,490 to €449
mainly Trade debts (-€40,813) and Net result for the year (-€5,648)
- Trade debts -€40,813
down €40,813 (-86.4%), from €47,213 to €6,400
- Other debts +€8,470
up €8,470 (+11.5%), from €73,469 to €81,939
- Profit (loss) carried forward -€5,648
down €5,648 (-12.3%), from €45,808 to €40,159
- Tax, wage and social debts -€3,916
down €3,916 (-100.0%), from €3,916 to €0
- Gross operating margin -€41,386
down €41,386, from €36,099 to -€5,288
- Write-downs -€14,732
down €14,732 (-100.0%), from €14,732 to €0
- Taxes -€3,916
down €3,916 (-100.0%), from €3,916 to €0
- Other operating charges -€842
down €842 (-59.2%), from €1,422 to €579
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 | €190,405 | €148,498 | -€41,908 | -22.0% |
| Current assets | 29/58 | €190,405 | €148,498 | -€41,908 | -22.0% |
| Amounts receivable within one year | 40/41 | €179,820 | €148,016 | -€31,804 | -17.7% |
| Trade receivables | 40 | €39,637 | €5,117 | -€34,520 | -87.1% |
| Other amounts receivable | 41 | €140,183 | €142,899 | +€2,716 | +1.9% |
| Cash at bank and in hand | 54/58 | €10,490 | €449 | -€10,040 | -95.7% |
| Deferred charges and accrued income | 490/1 | €96 | €33 | -€63 | -66.0% |
| Total equity and liabilities | 10/49 | €190,405 | €148,498 | -€41,908 | -22.0% |
| Equity | 10/15 | €65,808 | €60,159 | -€5,648 | -8.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,808 | €40,159 | -€5,648 | -12.3% |
| Amounts payable | 17/49 | €124,598 | €88,338 | -€36,259 | -29.1% |
| Amounts payable within one year | 42/48 | €124,598 | €88,338 | -€36,259 | -29.1% |
| Trade debts | 44 | €47,213 | €6,400 | -€40,813 | -86.4% |
| Suppliers | 440/4 | €47,213 | €6,400 | -€40,813 | -86.4% |
| Taxes, remuneration and social security | 45 | €3,916 | €0 | -€3,916 | -100.0% |
| Taxes | 450/3 | €3,916 | €0 | -€3,916 | -100.0% |
| Other amounts payable | 47/48 | €73,469 | €81,939 | +€8,470 | +11.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,732 | €0 | -€14,732 | -100.0% |
| Other operating charges | 640/8 | €1,422 | €579 | -€842 | -59.2% |
| Gross operating margin | 9900 | €36,099 | -€5,288 | -€41,386 | |
| Operating profit (loss) | 9901 | €19,945 | -€5,867 | -€25,812 | |
| Financial income | 75/76B | €0 | €352 | +€352 | +881075.0% |
| Recurring financial income | 75 | €0 | €352 | +€352 | +881075.0% |
| Financial charges | 65/66B | €261 | €134 | -€128 | -48.9% |
| Recurring financial charges | 65 | €261 | €134 | -€128 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €19,684 | -€5,648 | -€25,332 | |
| Income taxes | 67/77 | €3,916 | €0 | -€3,916 | -100.0% |
| Profit (loss) for the period | 9904 | €15,768 | -€5,648 | -€21,416 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,768 | -€5,648 | -€21,416 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.