A&P Consult: 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&P Consult
Largest movements
- Receivables after one year -€708,000
down €708,000 (-70.2%), from €1.0m to €299,950
- Cash +€622,683
up €622,683 (+1,331%), from €46,789 to €669,472
mainly Receivables after one year (+€708,000) and Receivables within one year (+€150,330)
- Current investments +€337,237
up €337,237 (+23.1%), from €1.5m to €1.8m
- Receivables within one year -€150,330
down €150,330 (-96.9%), from €155,176 to €4,846
- Reserves +€131,156
up €131,156 (+5.0%), from €2.6m to €2.8m
- Tax, wage and social debts -€52,832
down €52,832 (-70.3%), from €75,146 to €22,314
- Gross operating margin -€455,756
down €455,756 (-73.5%), from €619,865 to €164,108
- Taxes -€155,318
down €155,318 (-70.9%), from €218,965 to €63,648
- Financial income -€82,121
down €82,121 (-66.6%), from €123,334 to €41,213
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 | €2,730,010 | €2,808,465 | +€78,455 | +2.9% |
| Fixed assets | 21/28 | €35,889 | €26,414 | -€9,476 | -26.4% |
| Tangible fixed assets | 22/27 | €35,889 | €26,414 | -€9,476 | -26.4% |
| Furniture and vehicles | 24 | €31,545 | €22,935 | -€8,610 | -27.3% |
| Other tangible fixed assets | 26 | €4,345 | €3,479 | -€866 | -19.9% |
| Current assets | 29/58 | €2,694,121 | €2,782,051 | +€87,930 | +3.3% |
| Amounts receivable after more than one year | 29 | €1,007,950 | €299,950 | -€708,000 | -70.2% |
| Other amounts receivable | 291 | €1,007,950 | €299,950 | -€708,000 | -70.2% |
| Amounts receivable within one year | 40/41 | €155,176 | €4,846 | -€150,330 | -96.9% |
| Trade receivables | 40 | €155,176 | €4,846 | -€150,330 | -96.9% |
| Current investments | 50/53 | €1,462,513 | €1,799,750 | +€337,237 | +23.1% |
| Cash at bank and in hand | 54/58 | €46,789 | €669,472 | +€622,683 | +1,331% |
| Deferred charges and accrued income | 490/1 | €21,692 | €8,033 | -€13,660 | -63.0% |
| Total equity and liabilities | 10/49 | €2,730,010 | €2,808,465 | +€78,455 | +2.9% |
| Equity | 10/15 | €2,648,217 | €2,779,373 | +€131,156 | +5.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,635,817 | €2,766,973 | +€131,156 | +5.0% |
| Distributable reserves | 133 | €2,635,817 | €2,766,973 | +€131,156 | +5.0% |
| Amounts payable | 17/49 | €81,793 | €29,092 | -€52,702 | -64.4% |
| Amounts payable within one year | 42/48 | €80,791 | €28,093 | -€52,698 | -65.2% |
| Trade debts | 44 | €707 | €498 | -€209 | -29.5% |
| Suppliers | 440/4 | €707 | €498 | -€209 | -29.5% |
| Taxes, remuneration and social security | 45 | €75,146 | €22,314 | -€52,832 | -70.3% |
| Taxes | 450/3 | €75,146 | €22,314 | -€52,832 | -70.3% |
| Other amounts payable | 47/48 | €4,939 | €5,282 | +€343 | +6.9% |
| Accrued charges and deferred income | 492/3 | €1,003 | €998 | -€4 | -0.4% |
| Non-recurring operating income | 76A | €4,525 | €0 | -€4,525 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,973 | €9,476 | +€503 | +5.6% |
| Other operating charges | 640/8 | €1,183 | €572 | -€611 | -51.7% |
| Gross operating margin | 9900 | €619,865 | €164,108 | -€455,756 | -73.5% |
| Operating profit (loss) | 9901 | €609,709 | €154,061 | -€455,648 | -74.7% |
| Financial income | 75/76B | €123,334 | €41,213 | -€82,121 | -66.6% |
| Recurring financial income | 75 | €123,334 | €41,213 | -€82,121 | -66.6% |
| Financial charges | 65/66B | €466 | €470 | +€4 | +0.8% |
| Recurring financial charges | 65 | €466 | €470 | +€4 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €732,577 | €194,804 | -€537,773 | -73.4% |
| Income taxes | 67/77 | €218,965 | €63,648 | -€155,318 | -70.9% |
| Profit (loss) for the period | 9904 | €513,612 | €131,156 | -€382,455 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €513,612 | €131,156 | -€382,455 | -74.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.