2Connect Consulting: 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.
2Connect Consulting
Largest movements
- Receivables after one year +€75,000
new in 2025: €75,000
- Stocks and contracts +€61,472
new in 2025: €61,472
- Cash -€23,583
down €23,583 (-83.0%), from €28,425 to €4,842
mainly Receivables after one year (-€75,000) and Stocks and contracts (-€61,472)
- Current investments -€5,854
down €5,854 (-12.8%), from €45,854 to €40,000
- Tangible fixed assets -€5,089
down €5,089 (-33.4%), from €15,219 to €10,130
of which Furniture and vehicles: -€4,204
- Other debts +€86,851
up €86,851 (+115.7%), from €75,074 to €161,926
- Reserves +€11,962
up €11,962 (+51.6%), from €23,188 to €35,150
- Accrued charges and deferred income -€5,854
no longer reported in 2025 (was €5,854)
- Tax, wage and social debts +€4,530
up €4,530 (+92.0%), from €4,921 to €9,451
of which Taxes: +€4,530
- Gross operating margin +€18,636
up €18,636 (+49.2%), from €37,913 to €56,549
- Taxes +€3,621
up €3,621 (+37.5%), from €9,668 to €13,289
- Depreciation +€2,000
up €2,000 (+64.7%), from €3,090 to €5,089
- Financial charges +€1,654
up €1,654 (+186.6%), from €886 to €2,540
- Other operating charges -€586
down €586 (-54.2%), from €1,082 to €496
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 | €116,885 | €212,518 | +€95,634 | +81.8% |
| Fixed assets | 21/28 | €15,219 | €10,130 | -€5,089 | -33.4% |
| Tangible fixed assets | 22/27 | €15,219 | €10,130 | -€5,089 | -33.4% |
| Land and buildings | 22 | €3,250 | €2,365 | -€886 | -27.2% |
| Furniture and vehicles | 24 | €11,969 | €7,765 | -€4,204 | -35.1% |
| Current assets | 29/58 | €101,666 | €202,389 | +€100,723 | +99.1% |
| Amounts receivable after more than one year | 29 | - | €75,000 | +€75,000 | |
| Other amounts receivable | 291 | - | €75,000 | +€75,000 | |
| Stocks and contracts in progress | 3 | - | €61,472 | +€61,472 | |
| Stocks | 30/36 | - | €61,472 | +€61,472 | |
| Amounts receivable within one year | 40/41 | €10,370 | €8,888 | -€1,482 | -14.3% |
| Trade receivables | 40 | €4,249 | €7,818 | +€3,569 | +84.0% |
| Other amounts receivable | 41 | €6,121 | €1,070 | -€5,051 | -82.5% |
| Current investments | 50/53 | €45,854 | €40,000 | -€5,854 | -12.8% |
| Cash at bank and in hand | 54/58 | €28,425 | €4,842 | -€23,583 | -83.0% |
| Deferred charges and accrued income | 490/1 | €17,017 | €12,186 | -€4,831 | -28.4% |
| Total equity and liabilities | 10/49 | €116,885 | €212,518 | +€95,634 | +81.8% |
| Equity | 10/15 | €23,288 | €35,250 | +€11,962 | +51.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €23,188 | €35,150 | +€11,962 | +51.6% |
| Distributable reserves | 133 | €23,188 | €35,150 | +€11,962 | +51.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €93,597 | €177,269 | +€83,672 | +89.4% |
| Amounts payable within one year | 42/48 | €87,743 | €177,269 | +€89,526 | +102.0% |
| Financial debts | 43 | €199 | €436 | +€237 | +118.8% |
| Credit institutions | 430/8 | €199 | €436 | +€237 | +118.8% |
| Trade debts | 44 | €7,548 | €5,456 | -€2,092 | -27.7% |
| Suppliers | 440/4 | €7,548 | €5,456 | -€2,092 | -27.7% |
| Taxes, remuneration and social security | 45 | €4,921 | €9,451 | +€4,530 | +92.0% |
| Taxes | 450/3 | €4,921 | €9,451 | +€4,530 | +92.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €75,074 | €161,926 | +€86,851 | +115.7% |
| Accrued charges and deferred income | 492/3 | €5,854 | - | -€5,854 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,090 | €5,089 | +€2,000 | +64.7% |
| Other operating charges | 640/8 | €1,082 | €496 | -€586 | -54.2% |
| Gross operating margin | 9900 | €37,913 | €56,549 | +€18,636 | +49.2% |
| Operating profit (loss) | 9901 | €33,741 | €50,964 | +€17,222 | +51.0% |
| Financial income | 75/76B | €0 | €15 | +€15 | +18612.5% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +18612.5% |
| Financial charges | 65/66B | €886 | €2,540 | +€1,654 | +186.6% |
| Recurring financial charges | 65 | €886 | €2,540 | +€1,654 | +186.6% |
| Profit (loss) for the period before taxes | 9903 | €32,855 | €48,438 | +€15,583 | +47.4% |
| Income taxes | 67/77 | €9,668 | €13,289 | +€3,621 | +37.5% |
| Profit (loss) for the period | 9904 | €23,188 | €35,150 | +€11,962 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,188 | €35,150 | +€11,962 | +51.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.