A.O. Consultancy: 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.
A.O. Consultancy
Largest movements
- Cash +€57,732
up €57,732 (+70.5%), from €81,879 to €139,612
mainly Net result for the year (+€90,802) and Receivables within one year (+€21,368)
- Receivables after one year +€46,738
new in 2025: €46,738
- Receivables within one year -€21,368
down €21,368 (-88.1%), from €24,265 to €2,897
of which Trade receivables: -€24,265
- Tangible fixed assets -€7,337
down €7,337 (-21.2%), from €34,678 to €27,340
- Profit (loss) carried forward +€90,802
new in 2025: €90,802
- Tax, wage and social debts -€13,894
down €13,894 (-64.5%), from €21,525 to €7,631
- Gross operating margin -€23,864
down €23,864 (-16.4%), from €145,606 to €121,742
- Taxes -€15,309
down €15,309 (-38.7%), from €39,537 to €24,228
- Financial income +€2,060
up €2,060 (+2,072%), from €99 to €2,159
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 | €141,761 | €217,493 | +€75,732 | +53.4% |
| Fixed assets | 21/28 | €35,328 | €27,990 | -€7,337 | -20.8% |
| Tangible fixed assets | 22/27 | €34,678 | €27,340 | -€7,337 | -21.2% |
| Furniture and vehicles | 24 | €34,678 | €27,340 | -€7,337 | -21.2% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €106,433 | €189,503 | +€83,069 | +78.0% |
| Amounts receivable after more than one year | 29 | - | €46,738 | +€46,738 | |
| Other amounts receivable | 291 | - | €46,738 | +€46,738 | |
| Amounts receivable within one year | 40/41 | €24,265 | €2,897 | -€21,368 | -88.1% |
| Trade receivables | 40 | €24,265 | - | -€24,265 | |
| Other amounts receivable | 41 | - | €2,897 | +€2,897 | |
| Cash at bank and in hand | 54/58 | €81,879 | €139,612 | +€57,732 | +70.5% |
| Deferred charges and accrued income | 490/1 | €289 | €256 | -€33 | -11.4% |
| Total equity and liabilities | 10/49 | €141,761 | €217,493 | +€75,732 | +53.4% |
| Equity | 10/15 | €118,012 | €208,814 | +€90,802 | +76.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €116,012 | €116,012 | = | 0.0% |
| Distributable reserves | 133 | €116,012 | €116,012 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €90,802 | +€90,802 | |
| Amounts payable | 17/49 | €23,749 | €8,679 | -€15,070 | -63.5% |
| Amounts payable within one year | 42/48 | €23,749 | €8,679 | -€15,070 | -63.5% |
| Trade debts | 44 | €319 | €404 | +€85 | +26.5% |
| Suppliers | 440/4 | €319 | €404 | +€85 | +26.5% |
| Advances received on contracts in progress | 46 | €501 | - | -€501 | |
| Taxes, remuneration and social security | 45 | €21,525 | €7,631 | -€13,894 | -64.5% |
| Taxes | 450/3 | €21,525 | €7,631 | -€13,894 | -64.5% |
| Other amounts payable | 47/48 | €1,404 | €644 | -€760 | -54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,429 | €8,493 | +€1,064 | +14.3% |
| Other operating charges | 640/8 | €669 | €332 | -€337 | -50.4% |
| Gross operating margin | 9900 | €145,606 | €121,742 | -€23,864 | -16.4% |
| Operating profit (loss) | 9901 | €137,508 | €112,917 | -€24,591 | -17.9% |
| Financial income | 75/76B | €99 | €2,159 | +€2,060 | +2,072% |
| Recurring financial income | 75 | €99 | €2,159 | +€2,060 | +2,072% |
| Financial charges | 65/66B | €44 | €46 | +€3 | +6.0% |
| Recurring financial charges | 65 | €44 | €46 | +€3 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €137,563 | €115,030 | -€22,533 | -16.4% |
| Income taxes | 67/77 | €39,537 | €24,228 | -€15,309 | -38.7% |
| Profit (loss) for the period | 9904 | €98,027 | €90,802 | -€7,225 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €98,027 | €90,802 | -€7,225 | -7.4% |
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 22 October 2026 via checked.be.