2-08 CONSULTING: 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.
2-08 CONSULTING
Largest movements
- Receivables within one year -€28,751
down €28,751 (-57.5%), from €50,029 to €21,279
of which Trade receivables: -€28,747
- Deferred charges and accrued income -€19,325
down €19,325 (-97.3%), from €19,858 to €534
- Tangible fixed assets -€16,395
down €16,395 (-6.4%), from €254,751 to €238,356
of which Land and buildings: -€8,284
- Cash +€15,481
up €15,481 (+896%), from €1,728 to €17,209
mainly Receivables within one year (+€28,751) and Depreciation (+€20,435)
- Trade debts -€39,173
down €39,173 (-90.7%), from €43,197 to €4,024
- Debts after one year -€26,683
down €26,683 (-31.9%), from €83,641 to €56,958
- Reserves +€22,539
up €22,539 (+1,212%), from €1,860 to €24,399
of which Distributable reserves: +€22,539
- Profit (loss) carried forward -€8,561
no longer reported in 2025 (was €8,561)
- Tax, wage and social debts +€7,260
up €7,260 (+74.7%), from €9,717 to €16,978
- Taxes +€8,833
new in 2025: €8,833
- Depreciation +€7,442
up €7,442 (+57.3%), from €12,993 to €20,435
- Gross operating margin +€7,388
up €7,388 (+17.7%), from €41,801 to €49,189
- Financial charges -€1,541
down €1,541 (-25.3%), from €6,101 to €4,560
- Other operating charges -€1,475
down €1,475 (-76.0%), from €1,941 to €465
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.
Derived cash bridge
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 | €384,367 | €335,378 | -€48,989 | -12.7% |
| Fixed assets | 21/28 | €312,751 | €296,356 | -€16,395 | -5.2% |
| Tangible fixed assets | 22/27 | €254,751 | €238,356 | -€16,395 | -6.4% |
| Land and buildings | 22 | €235,387 | €227,103 | -€8,284 | -3.5% |
| Furniture and vehicles | 24 | €19,364 | €11,253 | -€8,111 | -41.9% |
| Financial fixed assets | 28 | €58,000 | €58,000 | = | 0.0% |
| Current assets | 29/58 | €71,616 | €39,022 | -€32,594 | -45.5% |
| Amounts receivable within one year | 40/41 | €50,029 | €21,279 | -€28,751 | -57.5% |
| Trade receivables | 40 | €46,025 | €17,279 | -€28,747 | -62.5% |
| Other amounts receivable | 41 | €4,004 | €4,000 | -€4 | -0.1% |
| Cash at bank and in hand | 54/58 | €1,728 | €17,209 | +€15,481 | +896% |
| Deferred charges and accrued income | 490/1 | €19,858 | €534 | -€19,325 | -97.3% |
| Total equity and liabilities | 10/49 | €384,367 | €335,378 | -€48,989 | -12.7% |
| Equity | 10/15 | €16,621 | €30,599 | +€13,978 | +84.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €24,399 | +€22,539 | +1,212% |
| 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 | - | €22,539 | +€22,539 | |
| Profit (loss) carried forward | 14 | €8,561 | - | -€8,561 | |
| Amounts payable | 17/49 | €367,746 | €304,778 | -€62,967 | -17.1% |
| Amounts payable after more than one year | 17 | €83,641 | €56,958 | -€26,683 | -31.9% |
| Financial debts | 170/4 | €83,641 | €56,958 | -€26,683 | -31.9% |
| Amounts payable within one year | 42/48 | €281,623 | €247,034 | -€34,590 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €30,222 | €26,683 | -€3,539 | -11.7% |
| Financial debts | 43 | - | €2,774 | +€2,774 | |
| Credit institutions | 430/8 | - | €2,774 | +€2,774 | |
| Trade debts | 44 | €43,197 | €4,024 | -€39,173 | -90.7% |
| Suppliers | 440/4 | €43,197 | €4,024 | -€39,173 | -90.7% |
| Taxes, remuneration and social security | 45 | €9,717 | €16,978 | +€7,260 | +74.7% |
| Taxes | 450/3 | €9,717 | €16,978 | +€7,260 | +74.7% |
| Other amounts payable | 47/48 | €198,487 | €196,574 | -€1,913 | -1.0% |
| Accrued charges and deferred income | 492/3 | €2,482 | €787 | -€1,694 | -68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,993 | €20,435 | +€7,442 | +57.3% |
| Other operating charges | 640/8 | €1,941 | €465 | -€1,475 | -76.0% |
| Gross operating margin | 9900 | €41,801 | €49,189 | +€7,388 | +17.7% |
| Operating profit (loss) | 9901 | €26,867 | €28,289 | +€1,421 | +5.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,101 | €4,560 | -€1,541 | -25.3% |
| Recurring financial charges | 65 | €6,101 | €4,560 | -€1,541 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €20,766 | €23,728 | +€2,962 | +14.3% |
| Income taxes | 67/77 | - | €8,833 | +€8,833 | |
| Profit (loss) for the period | 9904 | €20,766 | €14,895 | -€5,871 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,766 | €14,895 | -€5,871 | -28.3% |
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 24 October 2026 via checked.be.