CONCEPT & SOLUTIONS: what changed
CONCEPT & SOLUTIONS
Largest movements
- Tangible fixed assets +€48,447
up €48,447 (+767%), from €6,319 to €54,766
of which Furniture and vehicles: +€48,967
- Receivables within one year +€10,167
up €10,167 (+14.5%), from €70,321 to €80,488
of which Trade receivables: +€5,170
- Cash +€8,698
up €8,698 (+7.3%), from €119,916 to €128,613
mainly Net result for the year (+€63,362) and Tax, wage and social debts (+€13,857)
- Reserves +€63,362
up €63,362 (+42.0%), from €150,905 to €214,267
of which Distributable reserves: +€63,362
- Tax, wage and social debts +€13,857
up €13,857 (+60.5%), from €22,914 to €36,770
- Debts after one year -€8,674
down €8,674 (-49.1%), from €17,650 to €8,976
- Gross operating margin +€52,003
up €52,003 (+111%), from €46,878 to €98,881
- Taxes +€12,486
up €12,486 (+80.7%), from €15,473 to €27,959
- Depreciation +€4,406
up €4,406 (+268%), from €1,643 to €6,049
- Financial charges -€1,367
down €1,367 (-49.8%), from €2,746 to €1,380
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,436 | €266,577 | +€69,141 | +35.0% |
| Fixed assets | 21/28 | €6,319 | €54,766 | +€48,447 | +767% |
| Tangible fixed assets | 22/27 | €6,319 | €54,766 | +€48,447 | +767% |
| Plant, machinery and equipment | 23 | €717 | €354 | -€363 | -50.6% |
| Furniture and vehicles | 24 | €4,379 | €53,346 | +€48,967 | +1,118% |
| Other tangible fixed assets | 26 | €1,222 | €1,066 | -€157 | -12.8% |
| Current assets | 29/58 | €191,117 | €211,811 | +€20,694 | +10.8% |
| Amounts receivable within one year | 40/41 | €70,321 | €80,488 | +€10,167 | +14.5% |
| Trade receivables | 40 | €9,779 | €14,948 | +€5,170 | +52.9% |
| Other amounts receivable | 41 | €60,542 | €65,540 | +€4,997 | +8.3% |
| Cash at bank and in hand | 54/58 | €119,916 | €128,613 | +€8,698 | +7.3% |
| Deferred charges and accrued income | 490/1 | €881 | €2,710 | +€1,829 | +208% |
| Total equity and liabilities | 10/49 | €197,436 | €266,577 | +€69,141 | +35.0% |
| Equity | 10/15 | €155,354 | €218,716 | +€63,362 | +40.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €150,905 | €214,267 | +€63,362 | +42.0% |
| 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 | €149,045 | €212,407 | +€63,362 | +42.5% |
| Profit (loss) carried forward | 14 | -€1,751 | -€1,751 | = | 0.0% |
| Amounts payable | 17/49 | €42,082 | €47,861 | +€5,779 | +13.7% |
| Amounts payable after more than one year | 17 | €17,650 | €8,976 | -€8,674 | -49.1% |
| Financial debts | 170/4 | €17,650 | €8,976 | -€8,674 | -49.1% |
| Amounts payable within one year | 42/48 | €24,432 | €38,885 | +€14,453 | +59.2% |
| Trade debts | 44 | €1,518 | €2,114 | +€596 | +39.3% |
| Suppliers | 440/4 | €1,518 | €2,114 | +€596 | +39.3% |
| Taxes, remuneration and social security | 45 | €22,914 | €36,770 | +€13,857 | +60.5% |
| Taxes | 450/3 | €22,914 | €36,770 | +€13,857 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,643 | €6,049 | +€4,406 | +268% |
| Other operating charges | 640/8 | €596 | €1,335 | +€739 | +124% |
| Gross operating margin | 9900 | €46,878 | €98,881 | +€52,003 | +111% |
| Operating profit (loss) | 9901 | €44,639 | €91,497 | +€46,858 | +105% |
| Financial income | 75/76B | €799 | €1,203 | +€404 | +50.6% |
| Recurring financial income | 75 | €799 | €1,203 | +€404 | +50.6% |
| Financial charges | 65/66B | €2,746 | €1,380 | -€1,367 | -49.8% |
| Recurring financial charges | 65 | €2,746 | €1,380 | -€1,367 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €42,692 | €91,321 | +€48,629 | +114% |
| Income taxes | 67/77 | €15,473 | €27,959 | +€12,486 | +80.7% |
| Profit (loss) for the period | 9904 | €27,219 | €63,362 | +€36,143 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €27,219 | €63,362 | +€36,143 | +133% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.