ARGOS Consultants: 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.
ARGOS Consultants
Largest movements
- Receivables within one year +€65,069
up €65,069 (+376%), from €17,295 to €82,364
of which Trade receivables: +€59,108
- Cash -€42,638
down €42,638 (-44.6%), from €95,651 to €53,012
mainly Receivables within one year (-€65,069) and Contributions, distributions and other (-€59,587)
- Tangible fixed assets -€11,370
down €11,370 (-38.9%), from €29,242 to €17,872
of which Furniture and vehicles: -€10,511
- Tax, wage and social debts +€14,677
up €14,677 (+199%), from €7,367 to €22,043
- Other debts +€9,351
up €9,351 (+18.6%), from €50,237 to €59,587
- Debts after one year -€5,699
no longer reported in 2026 (was €5,699)
- Current portion of long-term debt -€5,462
down €5,462 (-48.9%), from €11,160 to €5,699
- Gross operating margin +€12,429
up €12,429 (+16.3%), from €76,324 to €88,753
- Taxes +€2,416
up €2,416 (+15.9%), from €15,173 to €17,590
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,198 | €232,689 | +€12,491 | +5.7% |
| Fixed assets | 21/28 | €29,242 | €17,872 | -€11,370 | -38.9% |
| Tangible fixed assets | 22/27 | €29,242 | €17,872 | -€11,370 | -38.9% |
| Plant, machinery and equipment | 23 | €2,139 | €1,280 | -€859 | -40.2% |
| Furniture and vehicles | 24 | €27,103 | €16,593 | -€10,511 | -38.8% |
| Current assets | 29/58 | €190,955 | €214,816 | +€23,861 | +12.5% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,295 | €82,364 | +€65,069 | +376% |
| Trade receivables | 40 | €12,468 | €71,576 | +€59,108 | +474% |
| Other amounts receivable | 41 | €4,827 | €10,788 | +€5,962 | +124% |
| Cash at bank and in hand | 54/58 | €95,651 | €53,012 | -€42,638 | -44.6% |
| Deferred charges and accrued income | 490/1 | €3,009 | €4,439 | +€1,430 | +47.5% |
| Total equity and liabilities | 10/49 | €220,198 | €232,689 | +€12,491 | +5.7% |
| Equity | 10/15 | €144,916 | €144,916 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €139,916 | €139,916 | = | 0.0% |
| Distributable reserves | 133 | €139,916 | €139,916 | = | 0.0% |
| Amounts payable | 17/49 | €75,282 | €87,773 | +€12,491 | +16.6% |
| Amounts payable after more than one year | 17 | €5,699 | - | -€5,699 | |
| Financial debts | 170/4 | €5,699 | - | -€5,699 | |
| Amounts payable within one year | 42/48 | €69,583 | €87,773 | +€18,190 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €11,160 | €5,699 | -€5,462 | -48.9% |
| Trade debts | 44 | €820 | €444 | -€376 | -45.9% |
| Suppliers | 440/4 | €820 | €444 | -€376 | -45.9% |
| Taxes, remuneration and social security | 45 | €7,367 | €22,043 | +€14,677 | +199% |
| Taxes | 450/3 | €7,367 | €22,043 | +€14,677 | +199% |
| Other amounts payable | 47/48 | €50,237 | €59,587 | +€9,351 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,175 | €11,370 | +€194 | +1.7% |
| Other operating charges | 640/8 | €806 | €963 | +€158 | +19.6% |
| Gross operating margin | 9900 | €76,324 | €88,753 | +€12,429 | +16.3% |
| Operating profit (loss) | 9901 | €64,343 | €76,420 | +€12,077 | +18.8% |
| Financial income | 75/76B | €1,502 | €1,500 | -€2 | -0.1% |
| Recurring financial income | 75 | €1,502 | €1,500 | -€2 | -0.1% |
| Financial charges | 65/66B | €1,050 | €743 | -€308 | -29.3% |
| Recurring financial charges | 65 | €1,050 | €743 | -€308 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €64,794 | €77,177 | +€12,382 | +19.1% |
| Income taxes | 67/77 | €15,173 | €17,590 | +€2,416 | +15.9% |
| Profit (loss) for the period | 9904 | €49,621 | €59,587 | +€9,966 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,621 | €59,587 | +€9,966 | +20.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.