Ad Consilium: 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.
Ad Consilium
Largest movements
- Tangible fixed assets -€7,680
down €7,680 (-46.6%), from €16,496 to €8,816
- Receivables within one year +€3,027
up €3,027 (+12.3%), from €24,702 to €27,729
of which Trade receivables: +€3,683
- Cash +€1,620
up €1,620 (+1.7%), from €94,052 to €95,672
mainly Net result for the year (+€60,458) and Depreciation (+€12,493)
- Tax, wage and social debts -€22,593
down €22,593 (-72.4%), from €31,223 to €8,630
- Profit (loss) carried forward +€12,521
up €12,521 (+17.2%), from €72,816 to €85,337
- Other debts +€5,000
up €5,000 (+11.6%), from €43,000 to €48,000
- Gross operating margin -€40,846
down €40,846 (-34.2%), from €119,461 to €78,615
- Taxes -€28,497
down €28,497 (-81.4%), from €34,998 to €6,501
- Financial income +€1,398
new in 2025: €1,398
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 | €148,573 | €143,899 | -€4,674 | -3.1% |
| Fixed assets | 21/28 | €27,949 | €19,102 | -€8,847 | -31.7% |
| Intangible fixed assets | 21 | €11,453 | €10,286 | -€1,167 | -10.2% |
| Tangible fixed assets | 22/27 | €16,496 | €8,816 | -€7,680 | -46.6% |
| Furniture and vehicles | 24 | €16,496 | €8,816 | -€7,680 | -46.6% |
| Current assets | 29/58 | €120,624 | €124,797 | +€4,173 | +3.5% |
| Amounts receivable within one year | 40/41 | €24,702 | €27,729 | +€3,027 | +12.3% |
| Trade receivables | 40 | €23,615 | €27,298 | +€3,683 | +15.6% |
| Other amounts receivable | 41 | €1,087 | €431 | -€656 | -60.3% |
| Cash at bank and in hand | 54/58 | €94,052 | €95,672 | +€1,620 | +1.7% |
| Deferred charges and accrued income | 490/1 | €1,870 | €1,396 | -€474 | -25.3% |
| Total equity and liabilities | 10/49 | €148,573 | €143,899 | -€4,674 | -3.1% |
| Equity | 10/15 | €73,816 | €86,337 | +€12,521 | +17.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,816 | €85,337 | +€12,521 | +17.2% |
| Amounts payable | 17/49 | €74,757 | €57,562 | -€17,195 | -23.0% |
| Amounts payable within one year | 42/48 | €74,757 | €57,562 | -€17,195 | -23.0% |
| Trade debts | 44 | €534 | €932 | +€398 | +74.5% |
| Suppliers | 440/4 | €534 | €932 | +€398 | +74.5% |
| Taxes, remuneration and social security | 45 | €31,223 | €8,630 | -€22,593 | -72.4% |
| Taxes | 450/3 | €31,223 | €8,630 | -€22,593 | -72.4% |
| Other amounts payable | 47/48 | €43,000 | €48,000 | +€5,000 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,848 | €12,493 | +€645 | +5.4% |
| Other operating charges | 640/8 | €768 | €471 | -€297 | -38.7% |
| Gross operating margin | 9900 | €119,461 | €78,615 | -€40,846 | -34.2% |
| Operating profit (loss) | 9901 | €106,845 | €65,651 | -€41,194 | -38.6% |
| Financial income | 75/76B | - | €1,398 | +€1,398 | |
| Recurring financial income | 75 | - | €1,398 | +€1,398 | |
| Financial charges | 65/66B | €107 | €90 | -€17 | -15.9% |
| Recurring financial charges | 65 | €107 | €90 | -€17 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €106,738 | €66,959 | -€39,779 | -37.3% |
| Income taxes | 67/77 | €34,998 | €6,501 | -€28,497 | -81.4% |
| Profit (loss) for the period | 9904 | €71,740 | €60,458 | -€11,282 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,740 | €60,458 | -€11,282 | -15.7% |
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 10 October 2026 via checked.be.