AUTHENTIC 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.
AUTHENTIC CONSULTING
Largest movements
- Cash -€93,829
down €93,829 (-93.6%), from €100,208 to €6,380
mainly Contributions, distributions and other (-€124,245) and Tax, wage and social debts (-€82,232)
- Stocks and contracts +€72,094
up €72,094 (+4.7%), from €1.5m to €1.6m
- Other debts +€104,029
up €104,029, from €0 to €104,029
- Tax, wage and social debts -€82,232
down €82,232 (-62.2%), from €132,227 to €49,996
of which Taxes: -€88,322
- Provisions -€41,415
down €41,415 (-47.5%), from €87,218 to €45,803
- Reserves -€19,745
down €19,745 (-2.8%), from €710,927 to €691,182
of which Tax-exempt reserves: -€124,245
- Gross operating margin -€140,200
down €140,200 (-73.5%), from €190,832 to €50,632
- Taxes +€12,129
up €12,129 (+27.4%), from €44,264 to €56,393
- Financial charges -€11,428
down €11,428 (-19.1%), from €59,924 to €48,496
- Financial income -€5,274
down €5,274 (-100%), from €5,274 to €0
- Other operating charges -€2,807
down €2,807 (-48.7%), from €5,768 to €2,961
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 | €1,673,605 | €1,648,351 | -€25,255 | -1.5% |
| Fixed assets | 21/28 | €9,757 | €7,418 | -€2,339 | -24.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €6,757 | €4,418 | -€2,339 | -34.6% |
| Plant, machinery and equipment | 23 | €1,678 | €1,281 | -€397 | -23.6% |
| Furniture and vehicles | 24 | €5,079 | €3,137 | -€1,942 | -38.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €1,663,849 | €1,640,933 | -€22,916 | -1.4% |
| Stocks and contracts in progress | 3 | €1,543,765 | €1,615,859 | +€72,094 | +4.7% |
| Stocks | 30/36 | €1,543,765 | €1,615,859 | +€72,094 | +4.7% |
| Amounts receivable within one year | 40/41 | €19,876 | €16,994 | -€2,882 | -14.5% |
| Trade receivables | 40 | €16,218 | €16,900 | +€681 | +4.2% |
| Other amounts receivable | 41 | €3,657 | €95 | -€3,563 | -97.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €100,208 | €6,380 | -€93,829 | -93.6% |
| Deferred charges and accrued income | 490/1 | - | €1,700 | +€1,700 | |
| Total equity and liabilities | 10/49 | €1,673,605 | €1,648,351 | -€25,255 | -1.5% |
| Equity | 10/15 | €747,731 | €728,079 | -€19,652 | -2.6% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Reserves | 13 | €710,927 | €691,182 | -€19,745 | -2.8% |
| Tax-exempt reserves | 132 | €261,654 | €137,409 | -€124,245 | -47.5% |
| Distributable reserves | 133 | €449,273 | €553,773 | +€104,500 | +23.3% |
| Profit (loss) carried forward | 14 | €804 | €897 | +€93 | +11.5% |
| Provisions and deferred taxes | 16 | €87,218 | €45,803 | -€41,415 | -47.5% |
| Deferred taxes | 168 | €87,218 | €45,803 | -€41,415 | -47.5% |
| Amounts payable | 17/49 | €838,656 | €874,468 | +€35,813 | +4.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €813,699 | €846,659 | +€32,961 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €670,500 | €670,500 | = | 0.0% |
| Trade debts | 44 | €10,971 | €22,134 | +€11,163 | +102% |
| Suppliers | 440/4 | €10,971 | €22,134 | +€11,163 | +102% |
| Taxes, remuneration and social security | 45 | €132,227 | €49,996 | -€82,232 | -62.2% |
| Taxes | 450/3 | €132,227 | €43,906 | -€88,322 | -66.8% |
| Remuneration and social security | 454/9 | €0 | €6,090 | +€6,090 | |
| Other amounts payable | 47/48 | €0 | €104,029 | +€104,029 | |
| Accrued charges and deferred income | 492/3 | €24,957 | €27,809 | +€2,852 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,519 | €3,849 | -€1,670 | -30.3% |
| Other operating charges | 640/8 | €5,768 | €2,961 | -€2,807 | -48.7% |
| Gross operating margin | 9900 | €190,832 | €50,632 | -€140,200 | -73.5% |
| Operating profit (loss) | 9901 | €179,545 | €43,822 | -€135,724 | -75.6% |
| Financial income | 75/76B | €5,274 | €0 | -€5,274 | -100% |
| Recurring financial income | 75 | €5,274 | €0 | -€5,274 | -100% |
| Financial charges | 65/66B | €59,924 | €48,496 | -€11,428 | -19.1% |
| Recurring financial charges | 65 | €59,924 | €48,496 | -€11,428 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €124,894 | -€4,674 | -€129,569 | |
| Transfer from deferred taxes | 780 | - | €165,660 | +€165,660 | |
| Income taxes | 67/77 | €44,264 | €56,393 | +€12,129 | +27.4% |
| Profit (loss) for the period | 9904 | €80,630 | €104,593 | +€23,962 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,630 | €104,593 | +€23,962 | +29.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.