A2 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.
A2 Consult
Largest movements
- Receivables within one year +€84,056
up €84,056 (+35.2%), from €238,675 to €322,732
of which Other amounts receivable: +€87,240
- Tangible fixed assets +€67,158
up €67,158 (+50.7%), from €132,366 to €199,524
of which Land and buildings: +€69,693
- Cash -€38,103
down €38,103 (-54.3%), from €70,128 to €32,025
mainly Other debts (-€140,623) and Receivables within one year (-€84,056)
- Deferred charges and accrued income +€29,302
up €29,302 (+86.1%), from €34,024 to €63,326
- Receivables after one year +€25,000
new in 2025: €25,000
- Reserves +€260,856
up €260,856 (+366.5%), from €71,184 to €332,041
- Other debts -€140,623
down €140,623 (-100.0%), from €140,623 to €0
- Current portion of long-term debt +€25,318
up €25,318 (+49.3%), from €51,330 to €76,648
- Short-term financial debts +€20,282
new in 2025: €20,282
- Debts after one year -€16,648
down €16,648 (-10.1%), from €164,619 to €147,970
- Gross operating margin +€162,937
up €162,937 (+60.6%), from €268,775 to €431,712
- Taxes +€30,052
up €30,052 (+53.9%), from €55,724 to €85,776
- Staff costs +€27,420
up €27,420 (+81.2%), from €33,787 to €61,207
- Financial charges +€6,600
up €6,600 (+203.9%), from €3,236 to €9,836
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 | €475,806 | €643,118 | +€167,312 | +35.2% |
| Fixed assets | 21/28 | €132,878 | €200,036 | +€67,158 | +50.5% |
| Tangible fixed assets | 22/27 | €132,366 | €199,524 | +€67,158 | +50.7% |
| Land and buildings | 22 | €123,053 | €192,746 | +€69,693 | +56.6% |
| Furniture and vehicles | 24 | €9,313 | €6,778 | -€2,535 | -27.2% |
| Financial fixed assets | 28 | €512 | €512 | = | 0.0% |
| Current assets | 29/58 | €342,928 | €443,082 | +€100,155 | +29.2% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €238,675 | €322,732 | +€84,056 | +35.2% |
| Trade receivables | 40 | €4,772 | €1,588 | -€3,184 | -66.7% |
| Other amounts receivable | 41 | €233,904 | €321,144 | +€87,240 | +37.3% |
| Current investments | 50/53 | €100 | €0 | -€100 | -100.0% |
| Cash at bank and in hand | 54/58 | €70,128 | €32,025 | -€38,103 | -54.3% |
| Deferred charges and accrued income | 490/1 | €34,024 | €63,326 | +€29,302 | +86.1% |
| Total equity and liabilities | 10/49 | €475,806 | €643,118 | +€167,312 | +35.2% |
| Equity | 10/15 | €89,784 | €350,641 | +€260,856 | +290.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,184 | €332,041 | +€260,856 | +366.5% |
| Distributable reserves | 133 | €71,184 | €332,041 | +€260,856 | +366.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €386,021 | €292,477 | -€93,544 | -24.2% |
| Amounts payable after more than one year | 17 | €164,619 | €147,970 | -€16,648 | -10.1% |
| Financial debts | 170/4 | €164,619 | €147,970 | -€16,648 | -10.1% |
| Amounts payable within one year | 42/48 | €221,403 | €144,477 | -€76,926 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €51,330 | €76,648 | +€25,318 | +49.3% |
| Financial debts | 43 | - | €20,282 | +€20,282 | |
| Credit institutions | 430/8 | - | €20,282 | +€20,282 | |
| Trade debts | 44 | €688 | €12,030 | +€11,342 | +1648.5% |
| Suppliers | 440/4 | €688 | €12,030 | +€11,342 | +1648.5% |
| Taxes, remuneration and social security | 45 | €28,761 | €35,516 | +€6,756 | +23.5% |
| Taxes | 450/3 | €24,816 | €25,776 | +€960 | +3.9% |
| Remuneration and social security | 454/9 | €3,945 | €9,741 | +€5,796 | +146.9% |
| Other amounts payable | 47/48 | €140,623 | €0 | -€140,623 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €30 | +€30 | |
| Remuneration, social security and pensions | 62 | €33,787 | €61,207 | +€27,420 | +81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,309 | €11,677 | +€3,369 | +40.5% |
| Other operating charges | 640/8 | €2,474 | €2,544 | +€70 | +2.8% |
| Gross operating margin | 9900 | €268,775 | €431,712 | +€162,937 | +60.6% |
| Operating profit (loss) | 9901 | €224,205 | €356,283 | +€132,078 | +58.9% |
| Financial income | 75/76B | €195 | €185 | -€9 | -4.8% |
| Recurring financial income | 75 | €195 | €185 | -€9 | -4.8% |
| Financial charges | 65/66B | €3,236 | €9,836 | +€6,600 | +203.9% |
| Recurring financial charges | 65 | €3,236 | €9,836 | +€6,600 | +203.9% |
| Profit (loss) for the period before taxes | 9903 | €221,163 | €346,632 | +€125,469 | +56.7% |
| Income taxes | 67/77 | €55,724 | €85,776 | +€30,052 | +53.9% |
| Profit (loss) for the period | 9904 | €165,439 | €260,856 | +€95,417 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €165,439 | €260,856 | +€95,417 | +57.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.