All Projects - 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.
All Projects - Consult
Largest movements
- Tangible fixed assets -€22,483
down €22,483 (-22.3%), from €100,987 to €78,505
of which Leasing and similar rights: -€14,491
- Cash +€17,734
up €17,734 (+91.4%), from €19,396 to €37,130
mainly Depreciation (+€29,893) and Receivables within one year (+€10,469)
- Receivables within one year -€10,469
down €10,469 (-42.2%), from €24,804 to €14,334
of which Other amounts receivable: -€6,775
- Deferred charges and accrued income -€3,729
down €3,729 (-55.6%), from €6,710 to €2,981
- Reserves -€16,557
down €16,557 (-51.3%), from €32,257 to €15,699
of which Distributable reserves: -€16,557
- Debts after one year -€9,181
down €9,181 (-8.0%), from €114,877 to €105,696
of which Financial debts: -€9,181
- Other debts +€6,793
up €6,793, from €0 to €6,793
- Tax, wage and social debts -€2,049
down €2,049 (-41.9%), from €4,895 to €2,846
- Current portion of long-term debt +€1,615
up €1,615 (+11.0%), from €14,639 to €16,253
- Gross operating margin -€4,550
down €4,550 (-8.3%), from €54,658 to €50,108
- Taxes -€1,699
down €1,699 (-22.9%), from €7,418 to €5,719
- Financial charges +€609
up €609 (+10.0%), from €6,080 to €6,689
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 | €151,897 | €132,950 | -€18,947 | -12.5% |
| Fixed assets | 21/28 | €100,987 | €78,505 | -€22,483 | -22.3% |
| Tangible fixed assets | 22/27 | €100,987 | €78,505 | -€22,483 | -22.3% |
| Plant, machinery and equipment | 23 | €5,345 | €9,661 | +€4,316 | +80.7% |
| Furniture and vehicles | 24 | €52,376 | €42,734 | -€9,642 | -18.4% |
| Leasing and similar rights | 25 | €34,381 | €19,890 | -€14,491 | -42.1% |
| Other tangible fixed assets | 26 | €8,885 | €6,219 | -€2,666 | -30.0% |
| Current assets | 29/58 | €50,909 | €54,446 | +€3,536 | +6.9% |
| Amounts receivable within one year | 40/41 | €24,804 | €14,334 | -€10,469 | -42.2% |
| Trade receivables | 40 | €16,691 | €12,997 | -€3,694 | -22.1% |
| Other amounts receivable | 41 | €8,112 | €1,337 | -€6,775 | -83.5% |
| Cash at bank and in hand | 54/58 | €19,396 | €37,130 | +€17,734 | +91.4% |
| Deferred charges and accrued income | 490/1 | €6,710 | €2,981 | -€3,729 | -55.6% |
| Total equity and liabilities | 10/49 | €151,897 | €132,950 | -€18,947 | -12.5% |
| Equity | 10/15 | €8,026 | -€8,531 | -€16,557 | |
| Contributions | 10/11 | €54,200 | €54,200 | = | 0.0% |
| Reserves | 13 | €32,257 | €15,699 | -€16,557 | -51.3% |
| Non-distributable reserves | 130/1 | €3,020 | €3,020 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,020 | €3,020 | = | 0.0% |
| Distributable reserves | 133 | €29,237 | €12,679 | -€16,557 | -56.6% |
| Profit (loss) carried forward | 14 | -€78,431 | -€78,431 | = | 0.0% |
| Amounts payable | 17/49 | €143,871 | €141,481 | -€2,389 | -1.7% |
| Amounts payable after more than one year | 17 | €114,877 | €105,696 | -€9,181 | -8.0% |
| Financial debts | 170/4 | €19,877 | €10,696 | -€9,181 | -46.2% |
| Other amounts payable | 178/9 | €95,000 | €95,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,579 | €30,085 | +€6,507 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €14,639 | €16,253 | +€1,615 | +11.0% |
| Financial debts | 43 | €351 | €593 | +€242 | +69.0% |
| Credit institutions | 430/8 | €339 | €593 | +€254 | +75.0% |
| Other loans | 439 | €12 | €0 | -€12 | -100.0% |
| Trade debts | 44 | €3,694 | €3,600 | -€94 | -2.5% |
| Suppliers | 440/4 | €3,694 | €3,600 | -€94 | -2.5% |
| Taxes, remuneration and social security | 45 | €4,895 | €2,846 | -€2,049 | -41.9% |
| Taxes | 450/3 | €4,895 | €2,846 | -€2,049 | -41.9% |
| Other amounts payable | 47/48 | €0 | €6,793 | +€6,793 | |
| Accrued charges and deferred income | 492/3 | €5,415 | €5,700 | +€285 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,104 | €29,893 | -€211 | -0.7% |
| Other operating charges | 640/8 | €3,402 | €3,243 | -€159 | -4.7% |
| Gross operating margin | 9900 | €54,658 | €50,108 | -€4,550 | -8.3% |
| Operating profit (loss) | 9901 | €21,153 | €16,971 | -€4,181 | -19.8% |
| Financial income | 75/76B | €276 | €186 | -€90 | -32.5% |
| Recurring financial income | 75 | €276 | €186 | -€90 | -32.5% |
| Financial charges | 65/66B | €6,080 | €6,689 | +€609 | +10.0% |
| Recurring financial charges | 65 | €6,080 | €6,689 | +€609 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €15,348 | €10,468 | -€4,880 | -31.8% |
| Income taxes | 67/77 | €7,418 | €5,719 | -€1,699 | -22.9% |
| Profit (loss) for the period | 9904 | €7,930 | €4,750 | -€3,180 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,930 | €4,750 | -€3,180 | -40.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.