A.E. Consult: what changed
A.E. Consult
Largest movements
- Current investments +€121,767
up €121,767 (+56.2%), from €216,766 to €338,533
- Cash -€48,098
down €48,098 (-33.3%), from €144,469 to €96,371
mainly Current investments (-€121,767) and Contributions, distributions and other (-€59,344)
- Tangible fixed assets -€20,916
down €20,916 (-48.0%), from €43,587 to €22,670
of which Furniture and vehicles: -€20,435
- Reserves +€34,281
up €34,281 (+9.6%), from €355,840 to €390,121
- Other debts +€14,449
up €14,449 (+34.4%), from €41,953 to €56,401
- Tax, wage and social debts +€6,992
up €6,992 (+29.2%), from €23,933 to €30,924
- Financial income -€2,519
down €2,519 (-29.1%), from €8,663 to €6,144
- Taxes -€1,729
down €1,729 (-4.3%), from €40,066 to €38,338
- Financial charges +€1,714
up €1,714 (+1,349%), from €127 to €1,841
of which Non-recurring financial charges: +€1,252
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 | €430,413 | €483,646 | +€53,233 | +12.4% |
| Fixed assets | 21/28 | €43,587 | €22,670 | -€20,916 | -48.0% |
| Tangible fixed assets | 22/27 | €43,587 | €22,670 | -€20,916 | -48.0% |
| Plant, machinery and equipment | 23 | €1,401 | €920 | -€481 | -34.3% |
| Furniture and vehicles | 24 | €42,186 | €21,750 | -€20,435 | -48.4% |
| Current assets | 29/58 | €386,826 | €460,976 | +€74,150 | +19.2% |
| Amounts receivable within one year | 40/41 | €24,436 | €25,072 | +€635 | +2.6% |
| Trade receivables | 40 | €24,436 | €25,072 | +€635 | +2.6% |
| Current investments | 50/53 | €216,766 | €338,533 | +€121,767 | +56.2% |
| Cash at bank and in hand | 54/58 | €144,469 | €96,371 | -€48,098 | -33.3% |
| Deferred charges and accrued income | 490/1 | €1,154 | €1,000 | -€154 | -13.3% |
| Total equity and liabilities | 10/49 | €430,413 | €483,646 | +€53,233 | +12.4% |
| Equity | 10/15 | €362,040 | €396,321 | +€34,281 | +9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €355,840 | €390,121 | +€34,281 | +9.6% |
| Distributable reserves | 133 | €355,840 | €390,121 | +€34,281 | +9.6% |
| Amounts payable | 17/49 | €68,373 | €87,326 | +€18,953 | +27.7% |
| Amounts payable within one year | 42/48 | €66,057 | €87,326 | +€21,269 | +32.2% |
| Trade debts | 44 | €171 | €0 | -€171 | -100% |
| Suppliers | 440/4 | €171 | €0 | -€171 | -100% |
| Taxes, remuneration and social security | 45 | €23,933 | €30,924 | +€6,992 | +29.2% |
| Taxes | 450/3 | €23,933 | €30,924 | +€6,992 | +29.2% |
| Other amounts payable | 47/48 | €41,953 | €56,401 | +€14,449 | +34.4% |
| Accrued charges and deferred income | 492/3 | €2,316 | - | -€2,316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,477 | €20,916 | +€439 | +2.1% |
| Other operating charges | 640/8 | €615 | €640 | +€25 | +4.1% |
| Gross operating margin | 9900 | €149,921 | €149,216 | -€705 | -0.5% |
| Operating profit (loss) | 9901 | €128,828 | €127,660 | -€1,169 | -0.9% |
| Financial income | 75/76B | €8,663 | €6,144 | -€2,519 | -29.1% |
| Recurring financial income | 75 | €8,663 | €6,144 | -€2,519 | -29.1% |
| Financial charges | 65/66B | €127 | €1,841 | +€1,714 | +1,349% |
| Recurring financial charges | 65 | €127 | €589 | +€462 | +364% |
| Non-recurring financial charges | 66B | - | €1,252 | +€1,252 | |
| Profit (loss) for the period before taxes | 9903 | €137,364 | €131,962 | -€5,402 | -3.9% |
| Income taxes | 67/77 | €40,066 | €38,338 | -€1,729 | -4.3% |
| Profit (loss) for the period | 9904 | €97,298 | €93,625 | -€3,674 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,298 | €93,625 | -€3,674 | -3.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.