ANGELI 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.
ANGELI CONSULTING
Largest movements
- Tangible fixed assets -€10,133
no longer reported in 2025 (was €10,133)
of which Other tangible fixed assets: -€7,143
- Receivables after one year -€7,634
down €7,634 (-18.9%), from €40,375 to €32,740
- Stocks and contracts -€5,150
no longer reported in 2025 (was €5,150)
- Receivables within one year -€2,339
down €2,339 (-52.4%), from €4,466 to €2,127
of which Trade receivables: -€2,448
- Cash -€696
down €696 (-35.5%), from €1,962 to €1,266
mainly Net result for the year (-€20,770) and Tax, wage and social debts (-€3,942)
- Profit (loss) carried forward -€20,770
down €20,770 (-1,255%), from -€1,654 to -€22,425
- Tax, wage and social debts -€3,942
down €3,942 (-89.5%), from €4,403 to €461
- Trade debts -€1,867
down €1,867 (-61.0%), from €3,063 to €1,195
- Gross operating margin -€14,258
down €14,258, from €7,711 to -€6,546
- Other operating charges -€4,643
down €4,643 (-28.7%), from €16,172 to €11,529
- Write-downs +€2,340
no longer reported in 2025 (was -€2,340)
- Depreciation -€972
down €972 (-26.5%), from €3,667 to €2,695
- Taxes -€968
no longer reported in 2025 (was €968)
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 | €62,713 | €36,134 | -€26,579 | -42.4% |
| Fixed assets | 21/28 | €10,133 | - | -€10,133 | |
| Tangible fixed assets | 22/27 | €10,133 | - | -€10,133 | |
| Plant, machinery and equipment | 23 | €1,594 | - | -€1,594 | |
| Furniture and vehicles | 24 | €1,396 | - | -€1,396 | |
| Other tangible fixed assets | 26 | €7,143 | - | -€7,143 | |
| Current assets | 29/58 | €52,580 | €36,134 | -€16,446 | -31.3% |
| Amounts receivable after more than one year | 29 | €40,375 | €32,740 | -€7,634 | -18.9% |
| Other amounts receivable | 291 | €40,375 | €32,740 | -€7,634 | -18.9% |
| Stocks and contracts in progress | 3 | €5,150 | - | -€5,150 | |
| Stocks | 30/36 | €5,150 | - | -€5,150 | |
| Amounts receivable within one year | 40/41 | €4,466 | €2,127 | -€2,339 | -52.4% |
| Trade receivables | 40 | €4,398 | €1,950 | -€2,448 | -55.7% |
| Other amounts receivable | 41 | €68 | €177 | +€109 | +159% |
| Cash at bank and in hand | 54/58 | €1,962 | €1,266 | -€696 | -35.5% |
| Deferred charges and accrued income | 490/1 | €627 | - | -€627 | |
| Total equity and liabilities | 10/49 | €62,713 | €36,134 | -€26,579 | -42.4% |
| Equity | 10/15 | €55,248 | €34,477 | -€20,770 | -37.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,902 | €51,902 | = | 0.0% |
| Distributable reserves | 133 | €51,902 | €51,902 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,654 | -€22,425 | -€20,770 | -1,255% |
| Amounts payable | 17/49 | €7,466 | €1,657 | -€5,809 | -77.8% |
| Amounts payable within one year | 42/48 | €7,466 | €1,657 | -€5,809 | -77.8% |
| Trade debts | 44 | €3,063 | €1,195 | -€1,867 | -61.0% |
| Suppliers | 440/4 | €3,063 | €1,195 | -€1,867 | -61.0% |
| Taxes, remuneration and social security | 45 | €4,403 | €461 | -€3,942 | -89.5% |
| Taxes | 450/3 | €4,403 | €461 | -€3,942 | -89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,667 | €2,695 | -€972 | -26.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,340 | - | +€2,340 | |
| Other operating charges | 640/8 | €16,172 | €11,529 | -€4,643 | -28.7% |
| Gross operating margin | 9900 | €7,711 | -€6,546 | -€14,258 | |
| Operating profit (loss) | 9901 | -€9,788 | -€20,770 | -€10,982 | -112% |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€9,788 | -€20,770 | -€10,982 | -112% |
| Income taxes | 67/77 | €968 | - | -€968 | |
| Profit (loss) for the period | 9904 | -€10,757 | -€20,770 | -€10,013 | -93.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,757 | -€20,770 | -€10,013 | -93.1% |
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.