AO 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.
AO CONSULT
Largest movements
- Current investments -€3,997
down €3,997 (-50.0%), from €8,000 to €4,003
- Tangible fixed assets -€760
down €760 (-61.6%), from €1,233 to €473
of which Plant, machinery and equipment: -€398
- Cash +€356
up €356 (+19.7%), from €1,809 to €2,165
mainly Current investments (+€3,997) and Depreciation (+€760)
- Receivables within one year +€237
up €237 (+21.2%), from €1,116 to €1,353
- Profit (loss) carried forward -€4,780
down €4,780 (-27.4%), from -€17,419 to -€22,199
- Other debts +€624
up €624 (+5.7%), from €10,909 to €11,533
- Gross operating margin +€1,115
up €1,115 (+24.8%), from -€4,498 to -€3,383
- Financial income -€124
down €124 (-68.1%), from €182 to €58
of which Financial income: -€84
- Other operating charges +€54
up €54 (+10.8%), from €499 to €553
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 | €12,158 | €7,994 | -€4,164 | -34.2% |
| Fixed assets | 21/28 | €1,233 | €473 | -€760 | -61.6% |
| Tangible fixed assets | 22/27 | €1,233 | €473 | -€760 | -61.6% |
| Plant, machinery and equipment | 23 | €829 | €431 | -€398 | -48.0% |
| Furniture and vehicles | 24 | €404 | €42 | -€362 | -89.6% |
| Current assets | 29/58 | €10,925 | €7,521 | -€3,404 | -31.2% |
| Amounts receivable within one year | 40/41 | €1,116 | €1,353 | +€237 | +21.2% |
| Other amounts receivable | 41 | €1,116 | €1,353 | +€237 | +21.2% |
| Current investments | 50/53 | €8,000 | €4,003 | -€3,997 | -50.0% |
| Cash at bank and in hand | 54/58 | €1,809 | €2,165 | +€356 | +19.7% |
| Total equity and liabilities | 10/49 | €12,158 | €7,994 | -€4,164 | -34.2% |
| Equity | 10/15 | €1,181 | -€3,599 | -€4,780 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,419 | -€22,199 | -€4,780 | -27.4% |
| Amounts payable | 17/49 | €10,977 | €11,593 | +€616 | +5.6% |
| Amounts payable within one year | 42/48 | €10,977 | €11,593 | +€616 | +5.6% |
| Trade debts | 44 | €68 | €60 | -€8 | -11.8% |
| Suppliers | 440/4 | €68 | €60 | -€8 | -11.8% |
| Other amounts payable | 47/48 | €10,909 | €11,533 | +€624 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €801 | €760 | -€41 | -5.1% |
| Other operating charges | 640/8 | €499 | €553 | +€54 | +10.8% |
| Gross operating margin | 9900 | -€4,498 | -€3,383 | +€1,115 | +24.8% |
| Operating profit (loss) | 9901 | -€5,798 | -€4,696 | +€1,102 | +19.0% |
| Financial income | 75/76B | €182 | €58 | -€124 | -68.1% |
| Recurring financial income | 75 | €142 | €58 | -€84 | -59.2% |
| Non-recurring financial income | 76B | €40 | - | -€40 | |
| Financial charges | 65/66B | €141 | €142 | +€1 | +0.7% |
| Recurring financial charges | 65 | €141 | €142 | +€1 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,757 | -€4,780 | +€977 | +17.0% |
| Profit (loss) for the period | 9904 | -€5,757 | -€4,780 | +€977 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,757 | -€4,780 | +€977 | +17.0% |
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 17 October 2026 via checked.be.