ASSET MANAGEMENT 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.
ASSET MANAGEMENT CONSULTING
Largest movements
- Tangible fixed assets +€27,102
up €27,102 (+62.4%), from €43,453 to €70,555
of which Furniture and vehicles: +€32,714
- Receivables within one year +€9,577
up €9,577 (+68.4%), from €14,007 to €23,584
of which Trade receivables: +€10,328
- Cash -€4,419
down €4,419 (-17.7%), from €24,981 to €20,562
mainly Investment in fixed assets (net) (-€42,562) and Receivables within one year (-€9,577)
- Debts after one year +€28,350
up €28,350 (+402%), from €7,056 to €35,406
of which Financial debts: +€19,613
- Tax, wage and social debts +€9,953
up €9,953 (+6,537%), from €152 to €10,105
- Profit (loss) carried forward -€4,636
down €4,636 (-14.9%), from -€31,046 to -€35,682
- Contributions +€1,860
up €1,860 (+15.0%), from €12,400 to €14,260
- Reserves -€1,860
down €1,860 (-2.0%), from €93,374 to €91,514
of which Non-distributable reserves: -€1,860
- Gross operating margin +€15,726
up €15,726 (+294%), from €5,346 to €21,072
- Depreciation +€6,993
up €6,993 (+82.6%), from €8,467 to €15,460
- Financial income -€5,580
no longer reported in 2024 (was €5,580)
of which Financial income: -€5,580
- Other operating charges +€3,714
up €3,714 (+92.4%), from €4,021 to €7,735
- Financial charges +€1,005
up €1,005 (+134%), from €748 to €1,752
of which Financial charges: +€952
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,948 | €116,355 | +€32,407 | +38.6% |
| Fixed assets | 21/28 | €43,453 | €70,555 | +€27,102 | +62.4% |
| Tangible fixed assets | 22/27 | €43,453 | €70,555 | +€27,102 | +62.4% |
| Land and buildings | 22 | €38,253 | €32,641 | -€5,612 | -14.7% |
| Furniture and vehicles | 24 | €5,200 | €37,914 | +€32,714 | +629% |
| Current assets | 29/58 | €40,494 | €45,800 | +€5,305 | +13.1% |
| Amounts receivable within one year | 40/41 | €14,007 | €23,584 | +€9,577 | +68.4% |
| Trade receivables | 40 | €1,330 | €11,658 | +€10,328 | +777% |
| Other amounts receivable | 41 | €12,677 | €11,926 | -€752 | -5.9% |
| Cash at bank and in hand | 54/58 | €24,981 | €20,562 | -€4,419 | -17.7% |
| Deferred charges and accrued income | 490/1 | €1,506 | €1,654 | +€148 | +9.8% |
| Total equity and liabilities | 10/49 | €83,948 | €116,355 | +€32,407 | +38.6% |
| Equity | 10/15 | €74,728 | €70,093 | -€4,636 | -6.2% |
| Contributions | 10/11 | €12,400 | €14,260 | +€1,860 | +15.0% |
| Reserves | 13 | €93,374 | €91,514 | -€1,860 | -2.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €91,514 | €91,514 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,046 | -€35,682 | -€4,636 | -14.9% |
| Amounts payable | 17/49 | €9,219 | €46,262 | +€37,043 | +402% |
| Amounts payable after more than one year | 17 | €7,056 | €35,406 | +€28,350 | +402% |
| Financial debts | 170/4 | - | €19,613 | +€19,613 | |
| Advances received on contracts in progress | 176 | - | €7,871 | +€7,871 | |
| Other amounts payable | 178/9 | €7,056 | €7,922 | +€867 | +12.3% |
| Amounts payable within one year | 42/48 | €2,164 | €10,856 | +€8,693 | +402% |
| Trade debts | 44 | €2,011 | €751 | -€1,260 | -62.7% |
| Suppliers | 440/4 | €2,011 | €751 | -€1,260 | -62.7% |
| Taxes, remuneration and social security | 45 | €152 | €10,105 | +€9,953 | +6,537% |
| Taxes | 450/3 | €152 | €10,105 | +€9,953 | +6,537% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,467 | €15,460 | +€6,993 | +82.6% |
| Other operating charges | 640/8 | €4,021 | €7,735 | +€3,714 | +92.4% |
| Non-recurring operating charges | 66A | - | €370 | +€370 | |
| Gross operating margin | 9900 | €5,346 | €21,072 | +€15,726 | +294% |
| Operating profit (loss) | 9901 | -€7,141 | -€2,493 | +€4,649 | +65.1% |
| Financial income | 75/76B | €5,580 | - | -€5,580 | |
| Recurring financial income | 75 | €5,580 | - | -€5,580 | |
| Non-recurring financial income | 76B | €5,580 | - | -€5,580 | |
| Financial charges | 65/66B | €748 | €1,752 | +€1,005 | +134% |
| Recurring financial charges | 65 | €748 | €1,699 | +€952 | +127% |
| Non-recurring financial charges | 66B | - | €53 | +€53 | |
| Profit (loss) for the period before taxes | 9903 | -€2,309 | -€4,245 | -€1,936 | -83.8% |
| Income taxes | 67/77 | - | €391 | +€391 | |
| Profit (loss) for the period | 9904 | -€2,309 | -€4,636 | -€2,327 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,309 | -€4,636 | -€2,327 | -101% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.