Angelini Consult: 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.
Angelini Consult
Largest movements
- Receivables within one year -€6,912
down €6,912 (-16.5%), from €41,787 to €34,875
of which Trade receivables: -€7,159
- Tangible fixed assets -€1,661
down €1,661 (-61.6%), from €2,695 to €1,034
of which Plant, machinery and equipment: -€944
- Profit (loss) carried forward -€4,345
down €4,345 (-9.5%), from €45,638 to €41,292
- Debts after one year -€3,942
down €3,942 (-56.5%), from €6,978 to €3,036
- Gross operating margin -€852
down €852 (-54.3%), from -€1,569 to -€2,421
- Other operating charges +€804
new in 2025: €804
- Depreciation -€286
down €286 (-14.7%), from €1,947 to €1,661
- Financial charges -€224
down €224 (-30.5%), from €734 to €510
- Financial income +€200
up €200 (+23.5%), from €850 to €1,050
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 | €160,153 | €151,573 | -€8,580 | -5.4% |
| Fixed assets | 21/28 | €2,695 | €1,034 | -€1,661 | -61.6% |
| Tangible fixed assets | 22/27 | €2,695 | €1,034 | -€1,661 | -61.6% |
| Plant, machinery and equipment | 23 | €1,639 | €695 | -€944 | -57.6% |
| Furniture and vehicles | 24 | €1,056 | €339 | -€717 | -67.9% |
| Current assets | 29/58 | €157,458 | €150,539 | -€6,920 | -4.4% |
| Amounts receivable after more than one year | 29 | €114,950 | €114,184 | -€766 | -0.7% |
| Other amounts receivable | 291 | €114,950 | €114,184 | -€766 | -0.7% |
| Amounts receivable within one year | 40/41 | €41,787 | €34,875 | -€6,912 | -16.5% |
| Trade receivables | 40 | €41,322 | €34,163 | -€7,159 | -17.3% |
| Other amounts receivable | 41 | €465 | €712 | +€247 | +53.0% |
| Cash at bank and in hand | 54/58 | €721 | €1,480 | +€759 | +105% |
| Total equity and liabilities | 10/49 | €160,153 | €151,573 | -€8,580 | -5.4% |
| Equity | 10/15 | €139,638 | €135,292 | -€4,345 | -3.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €89,000 | €89,000 | = | 0.0% |
| Distributable reserves | 133 | €89,000 | €89,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,638 | €41,292 | -€4,345 | -9.5% |
| Amounts payable | 17/49 | €20,516 | €16,281 | -€4,235 | -20.6% |
| Amounts payable after more than one year | 17 | €6,978 | €3,036 | -€3,942 | -56.5% |
| Financial debts | 170/4 | €6,978 | €3,036 | -€3,942 | -56.5% |
| Amounts payable within one year | 42/48 | €13,537 | €13,245 | -€293 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €3,825 | €3,942 | +€117 | +3.1% |
| Trade debts | 44 | €1,562 | €502 | -€1,060 | -67.8% |
| Suppliers | 440/4 | €1,562 | €502 | -€1,060 | -67.8% |
| Other amounts payable | 47/48 | €8,150 | €8,800 | +€650 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,947 | €1,661 | -€286 | -14.7% |
| Other operating charges | 640/8 | - | €804 | +€804 | |
| Gross operating margin | 9900 | -€1,569 | -€2,421 | -€852 | -54.3% |
| Operating profit (loss) | 9901 | -€3,515 | -€4,885 | -€1,370 | -39.0% |
| Financial income | 75/76B | €850 | €1,050 | +€200 | +23.5% |
| Recurring financial income | 75 | €850 | €1,050 | +€200 | +23.5% |
| Financial charges | 65/66B | €734 | €510 | -€224 | -30.5% |
| Recurring financial charges | 65 | €734 | €510 | -€224 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,399 | -€4,345 | -€946 | -27.8% |
| Profit (loss) for the period | 9904 | -€3,399 | -€4,345 | -€946 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,399 | -€4,345 | -€946 | -27.8% |
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 18 October 2026 via checked.be.