AO Consulting: what changed
What changed
AO Consulting
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€78,913
2024 · €81,163-€2,250
Equity
€399,438
2024 · €320,525+€78,913
Cash
€241,360
2024 · €214,550+€26,810
Balance sheet total
€428,916
2024 · €367,861+€61,055
Largest movements
Assets
- Receivables after one year +€40,000
up €40,000 (+94.1%), from €42,500 to €82,500
- Cash +€26,810
up €26,810 (+12.5%), from €214,550 to €241,360
mainly Net result for the year (+€78,913) and Depreciation (+€10,968)
- Tangible fixed assets -€5,710
down €5,710 (-8.0%), from €71,547 to €65,837
of which Land and buildings: -€8,825
Equity and liabilities
- Reserves +€78,913
up €78,913 (+24.7%), from €319,525 to €398,438
of which Distributable reserves: +€78,913
- Debts after one year -€8,354
down €8,354 (-70.2%), from €11,903 to €3,550
- Trade debts -€8,141
down €8,141 (-53.0%), from €15,362 to €7,221
Income statement
- Gross operating margin -€4,302
down €4,302 (-4.5%), from €95,152 to €90,851
- Taxes -€2,110
down €2,110 (-6.2%), from €34,232 to €32,122
- Other operating charges +€1,357
up €1,357 (+125%), from €1,090 to €2,447
- Financial income -€1,036
down €1,036 (-100.0%), from €1,036 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€81,163
Gross operating margin
-€4,302
Depreciation
+€780
Write-downs
+€846
Other operating charges
-€1,357
Financial income
-€1,036
Financial charges
+€710
Taxes
+€2,110
Result 2025
€78,913
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€40,193
Investment
-€5,258
Financing
-€8,125
Cash 2024
€214,550
From operations (derived)
+€40,193
Net result for the year
+€78,913
Depreciation
+€10,968
Receivables after one year
-€40,000
Receivables within one year
+€956
Deferred charges and accrued income
-€912
Trade debts
-€8,141
Tax, wage and social debts
-€343
Other debts
-€1,249
Investment (derived)
-€5,258
Investment in fixed assets (net)
-€5,258
Financing
-€8,125
Debts after one year
-€8,354
Current portion of long-term debt
+€228
Cash 2025
€241,360
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €367,861 | €428,916 | +€61,055 | +16.6% |
| Fixed assets | 21/28 | €72,537 | €66,827 | -€5,710 | -7.9% |
| Tangible fixed assets | 22/27 | €71,547 | €65,837 | -€5,710 | -8.0% |
| Land and buildings | 22 | €67,988 | €59,163 | -€8,825 | -13.0% |
| Plant, machinery and equipment | 23 | €3,559 | €6,674 | +€3,115 | +87.5% |
| Financial fixed assets | 28 | €990 | €990 | = | 0.0% |
| Current assets | 29/58 | €295,323 | €362,089 | +€66,766 | +22.6% |
| Amounts receivable after more than one year | 29 | €42,500 | €82,500 | +€40,000 | +94.1% |
| Other amounts receivable | 291 | €42,500 | €82,500 | +€40,000 | +94.1% |
| Amounts receivable within one year | 40/41 | €34,727 | €33,771 | -€956 | -2.8% |
| Trade receivables | 40 | €20,228 | €17,216 | -€3,013 | -14.9% |
| Other amounts receivable | 41 | €14,499 | €16,555 | +€2,057 | +14.2% |
| Cash at bank and in hand | 54/58 | €214,550 | €241,360 | +€26,810 | +12.5% |
| Deferred charges and accrued income | 490/1 | €3,546 | €4,458 | +€912 | +25.7% |
| Total equity and liabilities | 10/49 | €367,861 | €428,916 | +€61,055 | +16.6% |
| Equity | 10/15 | €320,525 | €399,438 | +€78,913 | +24.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €319,525 | €398,438 | +€78,913 | +24.7% |
| Non-distributable reserves | 130/1 | €7,136 | €7,136 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,136 | €7,136 | = | 0.0% |
| Distributable reserves | 133 | €312,389 | €391,302 | +€78,913 | +25.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | 0.0% |
| Amounts payable | 17/49 | €47,336 | €29,478 | -€17,858 | -37.7% |
| Amounts payable after more than one year | 17 | €11,903 | €3,550 | -€8,354 | -70.2% |
| Financial debts | 170/4 | €11,903 | €3,550 | -€8,354 | -70.2% |
| Amounts payable within one year | 42/48 | €35,433 | €25,929 | -€9,504 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €8,125 | €8,354 | +€228 | +2.8% |
| Trade debts | 44 | €15,362 | €7,221 | -€8,141 | -53.0% |
| Suppliers | 440/4 | €15,362 | €7,221 | -€8,141 | -53.0% |
| Taxes, remuneration and social security | 45 | €10,697 | €10,354 | -€343 | -3.2% |
| Taxes | 450/3 | €10,697 | €10,354 | -€343 | -3.2% |
| Other amounts payable | 47/48 | €1,249 | - | -€1,249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,748 | €10,968 | -€780 | -6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€33,549 | -€34,394 | -€846 | -2.5% |
| Other operating charges | 640/8 | €1,090 | €2,447 | +€1,357 | +125% |
| Gross operating margin | 9900 | €95,152 | €90,851 | -€4,302 | -4.5% |
| Operating profit (loss) | 9901 | €115,864 | €111,830 | -€4,034 | -3.5% |
| Financial income | 75/76B | €1,036 | €0 | -€1,036 | -100.0% |
| Recurring financial income | 75 | €1,036 | €0 | -€1,036 | -100.0% |
| Financial charges | 65/66B | €1,504 | €795 | -€710 | -47.2% |
| Recurring financial charges | 65 | €1,504 | €795 | -€710 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €115,396 | €111,035 | -€4,360 | -3.8% |
| Income taxes | 67/77 | €34,232 | €32,122 | -€2,110 | -6.2% |
| Profit (loss) for the period | 9904 | €81,163 | €78,913 | -€2,250 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,163 | €78,913 | -€2,250 | -2.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.