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AFH 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.

What changed

AFH CONSULTING

BE 0648.818.548
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€44,849
2024 · €50,625-€5,776
Equity
€166,728
2024 · €121,879+€44,849
Cash
€400
2024 · €129+€271
Balance sheet total
€326,430
2024 · €300,412+€26,018

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€51,193

    up €51,193 (+35.9%), from €142,797 to €193,990

    of which Other amounts receivable: +€55,380

  • Tangible fixed assets -€24,079

    down €24,079 (-15.7%), from €153,191 to €129,112

Equity and liabilities
  • Profit (loss) carried forward +€44,849

    up €44,849 (+41.0%), from €109,479 to €154,328

  • Debts after one year -€19,805

    down €19,805 (-29.6%), from €66,934 to €47,129

  • Other debts +€11,890

    up €11,890 (+219%), from €5,426 to €17,316

  • Trade debts -€11,715

    down €11,715 (-32.4%), from €36,199 to €24,484

Income statement
  • Depreciation +€9,653

    up €9,653 (+66.9%), from €14,426 to €24,079

  • Gross operating margin +€4,979

    up €4,979 (+5.3%), from €94,775 to €99,754

  • Financial charges +€4,099

    up €4,099 (+144%), from €2,846 to €6,945

  • Taxes -€3,707

    down €3,707 (-17.9%), from €20,678 to €16,971

  • Financial income -€1,324

    no longer reported in 2025 (was €1,324)

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €50,625
Gross operating margin +€4,979
Depreciation -€9,653
Other operating charges +€614
Financial income -€1,324
Financial charges -€4,099
Taxes +€3,707
Result 2025 €44,849
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€19,043
Investment €0
Financing -€18,772
Cash 2024 €129
Net result for the year +€44,849
Depreciation +€24,079
Receivables within one year -€51,193
Deferred charges and accrued income +€1,367
Trade debts -€11,715
Tax, wage and social debts -€234
Other debts +€11,890
Debts after one year -€19,805
Current portion of long-term debt +€1,033
Cash 2025 €400
brings cash intakes cash out
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €300,412 €326,430 +€26,018 +8.7%
Fixed assets 21/28 €153,283 €129,204 -€24,079 -15.7%
Tangible fixed assets 22/27 €153,191 €129,112 -€24,079 -15.7%
Furniture and vehicles 24 €153,191 €129,112 -€24,079 -15.7%
Financial fixed assets 28 €92 €92 = 0.0%
Current assets 29/58 €147,129 €197,226 +€50,097 +34.0%
Amounts receivable within one year 40/41 €142,797 €193,990 +€51,193 +35.9%
Trade receivables 40 €33,889 €29,702 -€4,187 -12.4%
Other amounts receivable 41 €108,908 €164,288 +€55,380 +50.9%
Cash at bank and in hand 54/58 €129 €400 +€271 +210%
Deferred charges and accrued income 490/1 €4,203 €2,836 -€1,367 -32.5%
Total equity and liabilities 10/49 €300,412 €326,430 +€26,018 +8.7%
Equity 10/15 €121,879 €166,728 +€44,849 +36.8%
Contributions 10/11 €12,400 €12,400 = 0.0%
Profit (loss) carried forward 14 €109,479 €154,328 +€44,849 +41.0%
Amounts payable 17/49 €178,533 €159,702 -€18,831 -10.5%
Amounts payable after more than one year 17 €66,934 €47,129 -€19,805 -29.6%
Financial debts 170/4 €66,934 €47,129 -€19,805 -29.6%
Amounts payable within one year 42/48 €111,599 €112,573 +€974 +0.9%
Current portion of amounts payable after more than one year 42 €19,137 €20,170 +€1,033 +5.4%
Trade debts 44 €36,199 €24,484 -€11,715 -32.4%
Suppliers 440/4 €36,199 €24,484 -€11,715 -32.4%
Taxes, remuneration and social security 45 €50,837 €50,603 -€234 -0.5%
Taxes 450/3 €41,283 €45,532 +€4,249 +10.3%
Remuneration and social security 454/9 €9,554 €5,071 -€4,483 -46.9%
Other amounts payable 47/48 €5,426 €17,316 +€11,890 +219%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,426 €24,079 +€9,653 +66.9%
Other operating charges 640/8 €7,524 €6,910 -€614 -8.2%
Gross operating margin 9900 €94,775 €99,754 +€4,979 +5.3%
Operating profit (loss) 9901 €72,825 €68,765 -€4,060 -5.6%
Financial income 75/76B €1,324 - -€1,324
Recurring financial income 75 €1,324 - -€1,324
Financial charges 65/66B €2,846 €6,945 +€4,099 +144%
Recurring financial charges 65 €2,846 €6,945 +€4,099 +144%
Profit (loss) for the period before taxes 9903 €71,303 €61,820 -€9,483 -13.3%
Income taxes 67/77 €20,678 €16,971 -€3,707 -17.9%
Profit (loss) for the period 9904 €50,625 €44,849 -€5,776 -11.4%
Profit (loss) for the period to be appropriated 9905 €50,625 €44,849 -€5,776 -11.4%

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 21 October 2026 via checked.be.