ADD 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.
ADD CONSULT
Largest movements
- Receivables within one year +€51,553
up €51,553 (+9.6%), from €537,307 to €588,860
of which Trade receivables: +€179,651
- Tax, wage and social debts +€132,091
up €132,091 (+72.2%), from €183,001 to €315,092
of which Remuneration and social security: +€76,803
- Trade debts -€108,693
down €108,693 (-53.4%), from €203,460 to €94,767
- Reserves +€99,268
up €99,268 (+66.4%), from €149,568 to €248,836
of which Distributable reserves: +€99,268
- Other debts -€45,000
no longer reported in 2025 (was €45,000)
- Debts after one year -€26,931
down €26,931 (-29.5%), from €91,404 to €64,473
- Gross operating margin +€229,025
up €229,025 (+24.3%), from €942,521 to €1.2m
- Staff costs +€166,670
up €166,670 (+20.9%), from €799,075 to €965,745
- Taxes +€25,135
up €25,135 (+81.5%), from €30,826 to €55,961
- Depreciation +€23,008
up €23,008 (+130.5%), from €17,631 to €40,639
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 | €789,189 | €840,518 | +€51,329 | +6.5% |
| Fixed assets | 21/28 | €180,490 | €185,071 | +€4,581 | +2.5% |
| Tangible fixed assets | 22/27 | €180,490 | €181,171 | +€681 | +0.4% |
| Furniture and vehicles | 24 | €119,391 | €101,954 | -€17,437 | -14.6% |
| Leasing and similar rights | 25 | €19,754 | €15,596 | -€4,158 | -21.0% |
| Other tangible fixed assets | 26 | €41,345 | €63,621 | +€22,276 | +53.9% |
| Financial fixed assets | 28 | - | €3,900 | +€3,900 | |
| Current assets | 29/58 | €608,699 | €655,447 | +€46,748 | +7.7% |
| Amounts receivable within one year | 40/41 | €537,307 | €588,860 | +€51,553 | +9.6% |
| Trade receivables | 40 | €324,522 | €504,173 | +€179,651 | +55.4% |
| Other amounts receivable | 41 | €212,785 | €84,687 | -€128,098 | -60.2% |
| Cash at bank and in hand | 54/58 | €71,392 | €66,587 | -€4,805 | -6.7% |
| Total equity and liabilities | 10/49 | €789,189 | €840,518 | +€51,329 | +6.5% |
| Equity | 10/15 | €237,472 | €336,740 | +€99,268 | +41.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €149,568 | €248,836 | +€99,268 | +66.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €147,708 | €246,976 | +€99,268 | +67.2% |
| Profit (loss) carried forward | 14 | €69,304 | €69,304 | = | 0.0% |
| Amounts payable | 17/49 | €551,717 | €503,778 | -€47,939 | -8.7% |
| Amounts payable after more than one year | 17 | €91,404 | €64,473 | -€26,931 | -29.5% |
| Financial debts | 170/4 | €91,404 | €64,473 | -€26,931 | -29.5% |
| Amounts payable within one year | 42/48 | €460,313 | €439,305 | -€21,008 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €28,852 | €29,446 | +€594 | +2.1% |
| Trade debts | 44 | €203,460 | €94,767 | -€108,693 | -53.4% |
| Suppliers | 440/4 | €203,460 | €94,767 | -€108,693 | -53.4% |
| Taxes, remuneration and social security | 45 | €183,001 | €315,092 | +€132,091 | +72.2% |
| Taxes | 450/3 | €58,812 | €114,100 | +€55,288 | +94.0% |
| Remuneration and social security | 454/9 | €124,189 | €200,992 | +€76,803 | +61.8% |
| Other amounts payable | 47/48 | €45,000 | - | -€45,000 | |
| Remuneration, social security and pensions | 62 | €799,075 | €965,745 | +€166,670 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,631 | €40,639 | +€23,008 | +130.5% |
| Other operating charges | 640/8 | €8,696 | €7,575 | -€1,121 | -12.9% |
| Gross operating margin | 9900 | €942,521 | €1,171,546 | +€229,025 | +24.3% |
| Operating profit (loss) | 9901 | €117,119 | €157,587 | +€40,468 | +34.6% |
| Financial income | 75/76B | €6,875 | €9,027 | +€2,152 | +31.3% |
| Recurring financial income | 75 | €6,875 | €9,027 | +€2,152 | +31.3% |
| Financial charges | 65/66B | €3,994 | €11,385 | +€7,391 | +185.1% |
| Recurring financial charges | 65 | €3,994 | €11,385 | +€7,391 | +185.1% |
| Profit (loss) for the period before taxes | 9903 | €120,000 | €155,229 | +€35,229 | +29.4% |
| Income taxes | 67/77 | €30,826 | €55,961 | +€25,135 | +81.5% |
| Profit (loss) for the period | 9904 | €89,174 | €99,268 | +€10,094 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €89,174 | €99,268 | +€10,094 | +11.3% |
Source: filed annual accounts (NBB), financial years ended 30 March 2024 and 30 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.