Aertgeerts Consulting: 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.
Aertgeerts Consulting
Largest movements
- Tangible fixed assets -€7,870
down €7,870 (-25.8%), from €30,466 to €22,596
- Receivables within one year +€2,836
up €2,836 (+24.9%), from €11,374 to €14,210
of which Trade receivables: +€4,946
- Deferred charges and accrued income +€2,151
up €2,151 (+101%), from €2,128 to €4,279
- Profit (loss) carried forward -€6,781
new in 2025: -€6,781
- Trade debts +€2,432
up €2,432 (+108%), from €2,261 to €4,693
- Other debts +€1,530
up €1,530 (+2.8%), from €54,157 to €55,687
- Gross operating margin -€15,637
down €15,637 (-89.2%), from €17,539 to €1,901
- Taxes -€2,043
down €2,043 (-93.9%), from €2,175 to €132
- Depreciation -€1,037
down €1,037 (-11.6%), from €8,907 to €7,870
- Other operating charges -€837
down €837 (-63.4%), from €1,321 to €483
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 | €63,400 | €60,662 | -€2,738 | -4.3% |
| Fixed assets | 21/28 | €30,466 | €22,596 | -€7,870 | -25.8% |
| Tangible fixed assets | 22/27 | €30,466 | €22,596 | -€7,870 | -25.8% |
| Furniture and vehicles | 24 | €30,466 | €22,596 | -€7,870 | -25.8% |
| Current assets | 29/58 | €32,935 | €38,066 | +€5,132 | +15.6% |
| Amounts receivable within one year | 40/41 | €11,374 | €14,210 | +€2,836 | +24.9% |
| Trade receivables | 40 | €5,034 | €9,980 | +€4,946 | +98.3% |
| Other amounts receivable | 41 | €6,341 | €4,231 | -€2,110 | -33.3% |
| Cash at bank and in hand | 54/58 | €19,432 | €19,577 | +€145 | +0.7% |
| Deferred charges and accrued income | 490/1 | €2,128 | €4,279 | +€2,151 | +101% |
| Total equity and liabilities | 10/49 | €63,400 | €60,662 | -€2,738 | -4.3% |
| Equity | 10/15 | €6,982 | €201 | -€6,781 | -97.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,982 | €4,982 | = | 0.0% |
| Distributable reserves | 133 | €4,982 | €4,982 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,781 | -€6,781 | |
| Amounts payable | 17/49 | €56,418 | €60,461 | +€4,043 | +7.2% |
| Amounts payable within one year | 42/48 | €56,418 | €60,461 | +€4,043 | +7.2% |
| Trade debts | 44 | €2,261 | €4,693 | +€2,432 | +108% |
| Suppliers | 440/4 | €2,261 | €4,693 | +€2,432 | +108% |
| Taxes, remuneration and social security | 45 | - | €80 | +€80 | |
| Taxes | 450/3 | - | €80 | +€80 | |
| Other amounts payable | 47/48 | €54,157 | €55,687 | +€1,530 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,907 | €7,870 | -€1,037 | -11.6% |
| Other operating charges | 640/8 | €1,321 | €483 | -€837 | -63.4% |
| Gross operating margin | 9900 | €17,539 | €1,901 | -€15,637 | -89.2% |
| Operating profit (loss) | 9901 | €7,311 | -€6,452 | -€13,763 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €153 | €197 | +€44 | +28.7% |
| Recurring financial charges | 65 | €153 | €197 | +€44 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €7,158 | -€6,649 | -€13,807 | |
| Income taxes | 67/77 | €2,175 | €132 | -€2,043 | -93.9% |
| Profit (loss) for the period | 9904 | €4,982 | -€6,781 | -€11,764 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,982 | -€6,781 | -€11,764 |
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 26 October 2026 via checked.be.