WORLD – CONCIERGE: 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.
WORLD – CONCIERGE
Largest movements
- Receivables within one year -€359,736
down €359,736 (-70.9%), from €507,732 to €147,996
of which Trade receivables: -€393,249
- Cash -€99,763
down €99,763 (-53.0%), from €188,208 to €88,445
mainly Trade debts (-€459,935) and Tax, wage and social debts (-€13,713)
- Trade debts -€459,935
down €459,935 (-97.3%), from €472,645 to €12,710
- Other debts +€24,912
up €24,912 (+131.6%), from €18,935 to €43,847
- Tax, wage and social debts -€13,713
down €13,713 (-25.7%), from €53,448 to €39,735
of which Taxes: -€16,268
- Gross operating margin -€73,101
down €73,101 (-52.1%), from €140,441 to €67,340
- Staff costs -€33,100
down €33,100 (-55.3%), from €59,849 to €26,749
- Financial charges +€16,608
up €16,608 (+73.0%), from €22,736 to €39,344
- Write-downs -€13,084
down €13,084, from €12,968 to -€116
- Taxes -€12,568
down €12,568 (-81.4%), from €15,441 to €2,873
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 | €713,199 | €250,923 | -€462,277 | -64.8% |
| Fixed assets | 21/28 | €15,942 | €13,806 | -€2,136 | -13.4% |
| Tangible fixed assets | 22/27 | €5,942 | €3,806 | -€2,136 | -35.9% |
| Furniture and vehicles | 24 | €5,942 | €3,806 | -€2,136 | -35.9% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €697,258 | €237,117 | -€460,141 | -66.0% |
| Amounts receivable within one year | 40/41 | €507,732 | €147,996 | -€359,736 | -70.9% |
| Trade receivables | 40 | €483,817 | €90,568 | -€393,249 | -81.3% |
| Other amounts receivable | 41 | €23,914 | €57,428 | +€33,513 | +140.1% |
| Cash at bank and in hand | 54/58 | €188,208 | €88,445 | -€99,763 | -53.0% |
| Deferred charges and accrued income | 490/1 | €1,319 | €676 | -€643 | -48.7% |
| Total equity and liabilities | 10/49 | €713,199 | €250,923 | -€462,277 | -64.8% |
| Equity | 10/15 | €155,598 | €148,633 | -€6,965 | -4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,998 | €136,998 | = | 0.0% |
| Distributable reserves | 133 | €136,998 | €136,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,965 | -€6,965 | |
| Amounts payable | 17/49 | €557,601 | €102,289 | -€455,312 | -81.7% |
| Amounts payable within one year | 42/48 | €545,029 | €96,292 | -€448,737 | -82.3% |
| Trade debts | 44 | €472,645 | €12,710 | -€459,935 | -97.3% |
| Suppliers | 440/4 | €472,645 | €12,710 | -€459,935 | -97.3% |
| Taxes, remuneration and social security | 45 | €53,448 | €39,735 | -€13,713 | -25.7% |
| Taxes | 450/3 | €49,247 | €32,979 | -€16,268 | -33.0% |
| Remuneration and social security | 454/9 | €4,201 | €6,756 | +€2,555 | +60.8% |
| Other amounts payable | 47/48 | €18,935 | €43,847 | +€24,912 | +131.6% |
| Accrued charges and deferred income | 492/3 | €12,572 | €5,997 | -€6,575 | -52.3% |
| Remuneration, social security and pensions | 62 | €59,849 | €26,749 | -€33,100 | -55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,453 | €3,508 | -€945 | -21.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,968 | -€116 | -€13,084 | |
| Other operating charges | 640/8 | €541 | €3,636 | +€3,094 | +571.7% |
| Gross operating margin | 9900 | €140,441 | €67,340 | -€73,101 | -52.1% |
| Operating profit (loss) | 9901 | €62,630 | €33,563 | -€29,067 | -46.4% |
| Financial income | 75/76B | €1 | €1,689 | +€1,688 | +122321.0% |
| Recurring financial income | 75 | €1 | €1,689 | +€1,688 | +122321.0% |
| Financial charges | 65/66B | €22,736 | €39,344 | +€16,608 | +73.0% |
| Recurring financial charges | 65 | €22,736 | €39,344 | +€16,608 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | €39,896 | -€4,092 | -€43,988 | |
| Income taxes | 67/77 | €15,441 | €2,873 | -€12,568 | -81.4% |
| Profit (loss) for the period | 9904 | €24,455 | -€6,965 | -€31,420 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,455 | -€6,965 | -€31,420 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.