André Conseil: 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.
André Conseil
Largest movements
- Current investments +€128,189
new in 2025: €128,189
- Cash -€19,613
down €19,613 (-24.0%), from €81,833 to €62,219
mainly Current investments (-€128,189) and Other debts (-€859)
- Deferred charges and accrued income -€3,832
down €3,832 (-94.7%), from €4,047 to €215
- Profit (loss) carried forward +€96,336
up €96,336 (+127.9%), from €75,337 to €171,674
- Tax, wage and social debts +€6,651
up €6,651 (+23.6%), from €28,236 to €34,888
- Gross operating margin +€27,573
up €27,573 (+28.6%), from €96,299 to €123,872
- Taxes +€7,485
up €7,485 (+38.7%), from €19,364 to €26,849
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 | €104,979 | €207,077 | +€102,098 | +97.3% |
| Fixed assets | 21/28 | €2,039 | €1,128 | -€911 | -44.7% |
| Tangible fixed assets | 22/27 | €2,039 | €1,128 | -€911 | -44.7% |
| Furniture and vehicles | 24 | €2,039 | €1,128 | -€911 | -44.7% |
| Current assets | 29/58 | €102,940 | €205,949 | +€103,009 | +100.1% |
| Amounts receivable within one year | 40/41 | €17,061 | €15,326 | -€1,735 | -10.2% |
| Trade receivables | 40 | €15,061 | €15,185 | +€124 | +0.8% |
| Other amounts receivable | 41 | €2,000 | €141 | -€1,859 | -93.0% |
| Current investments | 50/53 | - | €128,189 | +€128,189 | |
| Cash at bank and in hand | 54/58 | €81,833 | €62,219 | -€19,613 | -24.0% |
| Deferred charges and accrued income | 490/1 | €4,047 | €215 | -€3,832 | -94.7% |
| Total equity and liabilities | 10/49 | €104,979 | €207,077 | +€102,098 | +97.3% |
| Equity | 10/15 | €75,837 | €172,174 | +€96,336 | +127.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,337 | €171,674 | +€96,336 | +127.9% |
| Amounts payable | 17/49 | €29,142 | €34,903 | +€5,761 | +19.8% |
| Amounts payable within one year | 42/48 | €29,095 | €34,903 | +€5,808 | +20.0% |
| Trade debts | 44 | - | €16 | +€16 | |
| Suppliers | 440/4 | - | €16 | +€16 | |
| Taxes, remuneration and social security | 45 | €28,236 | €34,888 | +€6,651 | +23.6% |
| Taxes | 450/3 | €28,236 | €34,888 | +€6,651 | +23.6% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Accrued charges and deferred income | 492/3 | €47 | - | -€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €911 | +€216 | +31.1% |
| Other operating charges | 640/8 | €4 | - | -€4 | |
| Gross operating margin | 9900 | €96,299 | €123,872 | +€27,573 | +28.6% |
| Operating profit (loss) | 9901 | €95,600 | €122,960 | +€27,360 | +28.6% |
| Financial income | 75/76B | €7 | €927 | +€920 | +13466.9% |
| Recurring financial income | 75 | €7 | €927 | +€920 | +13466.9% |
| Financial charges | 65/66B | €47 | €702 | +€655 | +1403.7% |
| Recurring financial charges | 65 | €47 | €702 | +€655 | +1403.7% |
| Profit (loss) for the period before taxes | 9903 | €95,560 | €123,185 | +€27,625 | +28.9% |
| Income taxes | 67/77 | €19,364 | €26,849 | +€7,485 | +38.7% |
| Profit (loss) for the period | 9904 | €76,196 | €96,336 | +€20,140 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,196 | €96,336 | +€20,140 | +26.4% |
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.