2E CONSULT: 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.
2E CONSULT
Largest movements
- Cash +€73,550
up €73,550 (+50.7%), from €145,202 to €218,752
mainly Other debts (+€370,445) and Net result for the year (+€360,663)
- Receivables within one year -€42,458
down €42,458 (-21.6%), from €196,917 to €154,459
of which Trade receivables: -€31,396
- Tangible fixed assets -€23,866
down €23,866 (-18.2%), from €131,062 to €107,195
of which Furniture and vehicles: -€22,051
- Intangible fixed assets +€5,196
up €5,196 (+46.3%), from €11,221 to €16,417
- Other debts +€370,445
new in 2025: €370,445
- Reserves -€350,000
no longer reported in 2025 (was €350,000)
- Profit (loss) carried forward -€9,337
down €9,337 (-98.0%), from €9,531 to €194
- Tax, wage and social debts +€8,696
up €8,696 (+8.5%), from €102,156 to €110,852
of which Remuneration and social security: +€6,632
- Gross operating margin +€67,506
up €67,506 (+11.0%), from €614,409 to €681,915
- Staff costs +€50,928
up €50,928 (+47.2%), from €107,958 to €158,886
- Depreciation +€10,606
up €10,606 (+30.9%), from €34,304 to €44,910
- Taxes -€9,973
down €9,973 (-8.1%), from €123,718 to €113,745
- Financial income -€6,954
down €6,954 (-94.9%), from €7,330 to €376
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 | €485,195 | €502,228 | +€17,033 | +3.5% |
| Fixed assets | 21/28 | €142,283 | €123,613 | -€18,670 | -13.1% |
| Intangible fixed assets | 21 | €11,221 | €16,417 | +€5,196 | +46.3% |
| Tangible fixed assets | 22/27 | €131,062 | €107,195 | -€23,866 | -18.2% |
| Plant, machinery and equipment | 23 | €26,971 | €25,156 | -€1,815 | -6.7% |
| Furniture and vehicles | 24 | €104,091 | €82,040 | -€22,051 | -21.2% |
| Current assets | 29/58 | €342,912 | €378,615 | +€35,703 | +10.4% |
| Amounts receivable within one year | 40/41 | €196,917 | €154,459 | -€42,458 | -21.6% |
| Trade receivables | 40 | €185,421 | €154,026 | -€31,396 | -16.9% |
| Other amounts receivable | 41 | €11,496 | €433 | -€11,063 | -96.2% |
| Cash at bank and in hand | 54/58 | €145,202 | €218,752 | +€73,550 | +50.7% |
| Deferred charges and accrued income | 490/1 | €793 | €5,404 | +€4,611 | +581.3% |
| Total equity and liabilities | 10/49 | €485,195 | €502,228 | +€17,033 | +3.5% |
| Equity | 10/15 | €367,031 | €7,694 | -€359,337 | -97.9% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €350,000 | - | -€350,000 | |
| Distributable reserves | 133 | €350,000 | - | -€350,000 | |
| Profit (loss) carried forward | 14 | €9,531 | €194 | -€9,337 | -98.0% |
| Amounts payable | 17/49 | €118,164 | €494,534 | +€376,370 | +318.5% |
| Amounts payable within one year | 42/48 | €118,090 | €492,996 | +€374,906 | +317.5% |
| Trade debts | 44 | €15,934 | €11,699 | -€4,235 | -26.6% |
| Suppliers | 440/4 | €15,934 | €11,699 | -€4,235 | -26.6% |
| Taxes, remuneration and social security | 45 | €102,156 | €110,852 | +€8,696 | +8.5% |
| Taxes | 450/3 | €84,130 | €86,195 | +€2,064 | +2.5% |
| Remuneration and social security | 454/9 | €18,026 | €24,658 | +€6,632 | +36.8% |
| Other amounts payable | 47/48 | - | €370,445 | +€370,445 | |
| Accrued charges and deferred income | 492/3 | €74 | €1,538 | +€1,464 | +1984.5% |
| Non-recurring operating income | 76A | €13,062 | - | -€13,062 | |
| Remuneration, social security and pensions | 62 | €107,958 | €158,886 | +€50,928 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,304 | €44,910 | +€10,606 | +30.9% |
| Other operating charges | 640/8 | €6,105 | €3,884 | -€2,222 | -36.4% |
| Non-recurring operating charges | 66A | €440 | - | -€440 | |
| Gross operating margin | 9900 | €614,409 | €681,915 | +€67,506 | +11.0% |
| Operating profit (loss) | 9901 | €465,602 | €474,235 | +€8,633 | +1.9% |
| Financial income | 75/76B | €7,330 | €376 | -€6,954 | -94.9% |
| Recurring financial income | 75 | €7,330 | €376 | -€6,954 | -94.9% |
| Financial charges | 65/66B | €163 | €204 | +€41 | +25.0% |
| Recurring financial charges | 65 | €163 | €204 | +€41 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €472,769 | €474,408 | +€1,639 | +0.3% |
| Income taxes | 67/77 | €123,718 | €113,745 | -€9,973 | -8.1% |
| Profit (loss) for the period | 9904 | €349,051 | €360,663 | +€11,611 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €349,051 | €360,663 | +€11,611 | +3.3% |
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.