AWARE: what changed
Two fiscal 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.
What changed
AWARE
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.9m
2024 · €2.5m-€558,244
Equity
€4.3m
2024 · €4.3m+€47,210
Cash
€678,679
2024 · €582,593+€96,087
Balance sheet total
€158.9m
2024 · €217.0m-€58.1m
Largest movements
Assets
- Financial fixed assets -€58.8m
down €58.8m (-99.7%), from €59.0m to €155,757
of which Affiliated companies: -€58.8m
- Receivables within one year +€4.7m
up €4.7m (+3.2%), from €147.0m to €151.7m
of which Other amounts receivable: +€6.2m
- Intangible fixed assets -€3.4m
down €3.4m (-36.5%), from €9.3m to €5.9m
Equity and liabilities
- Trade debts -€57.5m
down €57.5m (-27.4%), from €209.6m to €152.1m
Income statement
- Services and other goods -€6.9m
down €6.9m (-3.8%), from €182.7m to €175.8m
- Other operating income -€3.5m
down €3.5m (-15.7%), from €22.3m to €18.8m
- Turnover -€1.8m
down €1.8m (-1.1%), from €169.9m to €168.1m
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.
Result 2024
€2.5m
Turnover
-€1.8m
Other operating income
-€3.5m
Services and other goods
+€6.9m
Staff costs
+€1.6m
Depreciation
-€411,913
Other operating charges
-€158,976
Other operating items
-€3.0m
Financial income
-€289,789
Financial charges
-€9,509
Taxes
+€37,288
Result 2025
€1.9m
Cash bridge derived
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.
From operations
-€57.3m
Investment
+€59.3m
Financing
-€1.9m
Cash 2024
€582,593
From operations (derived)
-€57.3m
Net result for the year
+€1.9m
Depreciation
+€3.6m
Receivables within one year
-€4.7m
Smaller working-capital items
-€20,129
Trade debts
-€57.5m
Other debts
-€600,000
Investment (derived)
+€59.3m
Investment in fixed assets (net)
+€59.3m
Financing
-€1.9m
Contributions, distributions and other
-€1.9m
Cash 2025
€678,679
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,043,946 | €158,927,323 | -€58.1m | -26.8% |
| Formation expenses | 20 | €947 | €453 | -€494 | -52.2% |
| Fixed assets | 21/28 | €69,065,726 | €6,231,757 | -€62.8m | -91.0% |
| Intangible fixed assets | 21 | €9,343,522 | €5,931,151 | -€3.4m | -36.5% |
| Tangible fixed assets | 22/27 | €724,500 | €144,849 | -€579,651 | -80.0% |
| Furniture and vehicles | 24 | €168,616 | €29,594 | -€139,022 | -82.4% |
| Other tangible fixed assets | 26 | €555,884 | €115,255 | -€440,629 | -79.3% |
| Financial fixed assets | 28 | €58,997,704 | €155,757 | -€58.8m | -99.7% |
| Affiliated companies | 280/1 | €58,841,947 | - | -€58.8m | |
| Amounts receivable | 281 | €58,841,947 | - | -€58.8m | |
| Other financial fixed assets | 284/8 | €155,757 | €155,757 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €155,757 | €155,757 | = | 0.0% |
| Current assets | 29/58 | €147,977,273 | €152,695,114 | +€4.7m | +3.2% |
| Amounts receivable within one year | 40/41 | €147,042,546 | €151,743,969 | +€4.7m | +3.2% |
| Trade receivables | 40 | €146,788,053 | €145,289,456 | -€1.5m | -1.0% |
| Other amounts receivable | 41 | €254,493 | €6,454,513 | +€6.2m | +2436.2% |
| Cash at bank and in hand | 54/58 | €582,593 | €678,679 | +€96,087 | +16.5% |
| Deferred charges and accrued income | 490/1 | €352,134 | €272,466 | -€79,668 | -22.6% |
| Total equity and liabilities | 10/49 | €217,043,946 | €158,927,323 | -€58.1m | -26.8% |
| Equity | 10/15 | €4,302,762 | €4,349,972 | +€47,210 | +1.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,297,762 | €4,344,972 | +€47,210 | +1.1% |
| Amounts payable | 17/49 | €212,741,184 | €154,577,351 | -€58.2m | -27.3% |
| Amounts payable within one year | 42/48 | €212,653,031 | €154,500,646 | -€58.2m | -27.3% |
| Trade debts | 44 | €209,612,226 | €152,148,190 | -€57.5m | -27.4% |
| Suppliers | 440/4 | €209,612,226 | €152,148,190 | -€57.5m | -27.4% |
| Taxes, remuneration and social security | 45 | €540,805 | €452,456 | -€88,349 | -16.3% |
| Taxes | 450/3 | €169,435 | €112,782 | -€56,653 | -33.4% |
| Remuneration and social security | 454/9 | €371,371 | €339,675 | -€31,696 | -8.5% |
| Other amounts payable | 47/48 | €2,500,000 | €1,900,000 | -€600,000 | -24.0% |
| Accrued charges and deferred income | 492/3 | €88,153 | €76,705 | -€11,448 | -13.0% |
| Operating income | 70/76A | €194,736,812 | €188,667,897 | -€6.1m | -3.1% |
| Turnover | 70 | €169,894,996 | €168,071,083 | -€1.8m | -1.1% |
| Own construction capitalised | 72 | €2,539,163 | €1,788,100 | -€751,063 | -29.6% |
| Other operating income | 74 | €22,302,653 | €18,808,715 | -€3.5m | -15.7% |
| Operating charges | 60/66A | €193,194,446 | €187,421,765 | -€5.8m | -3.0% |
| Services and other goods | 61 | €182,741,891 | €175,806,736 | -€6.9m | -3.8% |
| Remuneration, social security and pensions | 62 | €7,175,019 | €5,546,789 | -€1.6m | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,147,416 | €3,559,329 | +€411,913 | +13.1% |
| Other operating charges | 640/8 | €128,678 | €287,654 | +€158,976 | +123.5% |
| Non-recurring operating charges | 66A | €1,443 | €2,221,257 | +€2.2m | +153854.6% |
| Operating profit (loss) | 9901 | €1,542,366 | €1,246,132 | -€296,233 | -19.2% |
| Financial income | 75/76B | €1,903,275 | €1,613,485 | -€289,789 | -15.2% |
| Recurring financial income | 75 | €1,903,275 | €1,613,485 | -€289,789 | -15.2% |
| Income from current assets | 751 | - | €1,613,327 | +€1.6m | |
| Other financial income | 752/9 | €1,903,275 | €158 | -€1.9m | -100.0% |
| Financial charges | 65/66B | €41,313 | €50,822 | +€9,509 | +23.0% |
| Recurring financial charges | 65 | €41,313 | €50,822 | +€9,509 | +23.0% |
| Debt charges | 650 | €28,785 | €27,222 | -€1,563 | -5.4% |
| Other financial charges | 652/9 | €12,528 | €23,600 | +€11,072 | +88.4% |
| Profit (loss) for the period before taxes | 9903 | €3,404,328 | €2,808,796 | -€595,532 | -17.5% |
| Income taxes | 67/77 | €898,873 | €861,585 | -€37,288 | -4.1% |
| Taxes | 670/3 | €905,000 | €861,585 | -€43,415 | -4.8% |
| Tax adjustments and reversals of tax provisions | 77 | €6,127 | - | -€6,127 | |
| Profit (loss) for the period | 9904 | €2,505,454 | €1,947,210 | -€558,244 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,505,454 | €1,947,210 | -€558,244 | -22.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.