52 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.
52 Consulting
Largest movements
- Cash +€284,528
up €284,528 (+1506.9%), from €18,881 to €303,409
mainly Other debts (+€387,138) and Depreciation (+€5,431)
- Stocks and contracts +€94,591
up €94,591 (+33.6%), from €281,344 to €375,935
- Receivables within one year +€14,989
up €14,989 (+85.6%), from €17,511 to €32,500
of which Trade receivables: +€14,989
- Other debts +€387,138
up €387,138 (+105.0%), from €368,771 to €755,908
- Gross operating margin +€44,122
up €44,122, from -€32,903 to €11,219
- Depreciation +€2,421
up €2,421 (+80.4%), from €3,010 to €5,431
- Taxes -€347
new in 2025: -€347
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 | €334,922 | €727,510 | +€392,589 | +117.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €15,050 | €13,811 | -€1,239 | -8.2% |
| Intangible fixed assets | 21 | €758 | €0 | -€758 | -100.0% |
| Tangible fixed assets | 22/27 | €14,293 | €13,811 | -€481 | -3.4% |
| Plant, machinery and equipment | 23 | - | €3,961 | +€3,961 | |
| Furniture and vehicles | 24 | €12,161 | €7,718 | -€4,443 | -36.5% |
| Other tangible fixed assets | 26 | €2,132 | €2,132 | = | 0.0% |
| Current assets | 29/58 | €319,871 | €713,699 | +€393,828 | +123.1% |
| Stocks and contracts in progress | 3 | €281,344 | €375,935 | +€94,591 | +33.6% |
| Stocks | 30/36 | €281,344 | €375,935 | +€94,591 | +33.6% |
| Amounts receivable within one year | 40/41 | €17,511 | €32,500 | +€14,989 | +85.6% |
| Trade receivables | 40 | €11 | €15,000 | +€14,989 | +133948.3% |
| Other amounts receivable | 41 | €17,500 | €17,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,881 | €303,409 | +€284,528 | +1506.9% |
| Deferred charges and accrued income | 490/1 | €2,135 | €1,855 | -€280 | -13.1% |
| Total equity and liabilities | 10/49 | €334,922 | €727,510 | +€392,589 | +117.2% |
| Equity | 10/15 | -€40,109 | -€35,373 | +€4,736 | +11.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,109 | -€39,373 | +€4,736 | +10.7% |
| Amounts payable | 17/49 | €375,031 | €762,884 | +€387,853 | +103.4% |
| Amounts payable within one year | 42/48 | €375,031 | €762,884 | +€387,853 | +103.4% |
| Trade debts | 44 | €0 | €3,073 | +€3,073 | |
| Suppliers | 440/4 | €0 | €3,073 | +€3,073 | |
| Taxes, remuneration and social security | 45 | €6,260 | €3,903 | -€2,358 | -37.7% |
| Taxes | 450/3 | €6,260 | €3,903 | -€2,358 | -37.7% |
| Other amounts payable | 47/48 | €368,771 | €755,908 | +€387,138 | +105.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,010 | €5,431 | +€2,421 | +80.4% |
| Other operating charges | 640/8 | €1,078 | €1,350 | +€271 | +25.2% |
| Gross operating margin | 9900 | -€32,903 | €11,219 | +€44,122 | |
| Operating profit (loss) | 9901 | -€36,992 | €4,438 | +€41,430 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €183 | €59 | -€125 | -68.1% |
| Recurring financial charges | 65 | €183 | €59 | -€125 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | -€37,175 | €4,389 | +€41,564 | |
| Income taxes | 67/77 | - | -€347 | -€347 | |
| Profit (loss) for the period | 9904 | -€37,175 | €4,736 | +€41,911 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,175 | €4,736 | +€41,911 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.