B - CONSULT: 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
B - CONSULT
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€7,427
2024 · €15,882-€23,308
Equity
€2.3m
2024 · €2.4m-€7,427
Cash
€9,963
2024 · €799+€9,165
Balance sheet total
€2.7m
2024 · €2.8m-€38,705
Largest movements
Assets
- Current investments -€38,764
down €38,764 (-7.1%), from €544,398 to €505,634
- Deferred charges and accrued income +€38,437
up €38,437 (+18.2%), from €211,065 to €249,502
Equity and liabilities
- Tax, wage and social debts -€49,210
down €49,210 (-87.2%), from €56,425 to €7,215
- Other debts +€34,150
up €34,150 (+44.6%), from €76,506 to €110,656
Income statement
- Gross operating margin -€65,450
down €65,450, from €9,702 to -€55,748
- Financial income +€64,362
up €64,362 (+87.3%), from €73,750 to €138,112
of which Non-recurring financial income: +€41,611
- Financial charges +€18,413
up €18,413 (+118.3%), from €15,559 to €33,972
- Taxes +€15,929
up €15,929 (+842.9%), from €1,890 to €17,819
- Staff costs -€11,533
down €11,533 (-99.2%), from €11,622 to €89
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
€15,882
Gross operating margin
-€65,450
Staff costs
+€11,533
Depreciation
+€2,456
Other operating charges
-€1,867
Financial income
+€64,362
Financial charges
-€18,413
Taxes
-€15,929
Result 2025
-€7,427
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
+€2,218
Investment
+€34,599
Financing
-€27,652
Cash 2024
€799
From operations (derived)
+€2,218
Net result for the year
-€7,427
Depreciation
+€28,402
Receivables within one year
+€23,306
Deferred charges and accrued income
-€38,437
Trade debts
+€10,134
Tax, wage and social debts
-€49,210
Other debts
+€34,150
Accrued charges and deferred income
+€1,300
Investment (derived)
+€34,599
Investment in fixed assets (net)
-€4,165
Current investments
+€38,764
Financing
-€27,652
Debts after one year
-€24,481
Current portion of long-term debt
-€8,861
Short-term financial debts
+€5,689
Cash 2025
€9,963
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,766,156 | €2,727,452 | -€38,705 | -1.4% |
| Fixed assets | 21/28 | €466,018 | €441,781 | -€24,237 | -5.2% |
| Tangible fixed assets | 22/27 | €466,018 | €441,781 | -€24,237 | -5.2% |
| Land and buildings | 22 | €463,635 | €438,420 | -€25,214 | -5.4% |
| Plant, machinery and equipment | 23 | €1,486 | €1,186 | -€301 | -20.2% |
| Furniture and vehicles | 24 | €897 | €2,175 | +€1,278 | +142.4% |
| Current assets | 29/58 | €2,300,138 | €2,285,670 | -€14,468 | -0.6% |
| Amounts receivable within one year | 40/41 | €1,543,876 | €1,520,571 | -€23,306 | -1.5% |
| Trade receivables | 40 | €96,055 | €73,096 | -€22,959 | -23.9% |
| Other amounts receivable | 41 | €1,447,822 | €1,447,475 | -€347 | 0.0% |
| Current investments | 50/53 | €544,398 | €505,634 | -€38,764 | -7.1% |
| Cash at bank and in hand | 54/58 | €799 | €9,963 | +€9,165 | +1147.4% |
| Deferred charges and accrued income | 490/1 | €211,065 | €249,502 | +€38,437 | +18.2% |
| Total equity and liabilities | 10/49 | €2,766,156 | €2,727,452 | -€38,705 | -1.4% |
| Equity | 10/15 | €2,352,973 | €2,345,546 | -€7,427 | -0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,244,496 | €2,237,070 | -€7,427 | -0.3% |
| Non-distributable reserves | 130/1 | €1,859 | €2,071,163 | +€2.1m | +111300.8% |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Other | 1319 | - | €2,071,163 | +€2.1m | |
| Tax-exempt reserves | 132 | €10,783 | €10,783 | = | 0.0% |
| Distributable reserves | 133 | €2,231,854 | €155,123 | -€2.1m | -93.0% |
| Profit (loss) carried forward | 14 | €102,277 | €102,277 | = | 0.0% |
| Amounts payable | 17/49 | €413,183 | €381,905 | -€31,278 | -7.6% |
| Amounts payable after more than one year | 17 | €224,115 | €199,635 | -€24,481 | -10.9% |
| Financial debts | 170/4 | €224,115 | €199,635 | -€24,481 | -10.9% |
| Amounts payable within one year | 42/48 | €186,568 | €178,471 | -€8,098 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €39,031 | €30,170 | -€8,861 | -22.7% |
| Financial debts | 43 | €4,176 | €9,864 | +€5,689 | +136.2% |
| Credit institutions | 430/8 | €4,176 | €9,864 | +€5,689 | +136.2% |
| Trade debts | 44 | €10,430 | €20,565 | +€10,134 | +97.2% |
| Suppliers | 440/4 | €10,430 | €20,565 | +€10,134 | +97.2% |
| Taxes, remuneration and social security | 45 | €56,425 | €7,215 | -€49,210 | -87.2% |
| Taxes | 450/3 | €56,425 | €7,215 | -€49,210 | -87.2% |
| Other amounts payable | 47/48 | €76,506 | €110,656 | +€34,150 | +44.6% |
| Accrued charges and deferred income | 492/3 | €2,500 | €3,800 | +€1,300 | +52.0% |
| Remuneration, social security and pensions | 62 | €11,622 | €89 | -€11,533 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,859 | €28,402 | -€2,456 | -8.0% |
| Other operating charges | 640/8 | €7,640 | €9,507 | +€1,867 | +24.4% |
| Gross operating margin | 9900 | €9,702 | -€55,748 | -€65,450 | |
| Operating profit (loss) | 9901 | -€40,419 | -€93,747 | -€53,328 | -131.9% |
| Financial income | 75/76B | €73,750 | €138,112 | +€64,362 | +87.3% |
| Recurring financial income | 75 | €73,750 | €96,501 | +€22,751 | +30.8% |
| Non-recurring financial income | 76B | - | €41,611 | +€41,611 | |
| Financial charges | 65/66B | €15,559 | €33,972 | +€18,413 | +118.3% |
| Recurring financial charges | 65 | €15,559 | €33,972 | +€18,413 | +118.3% |
| Profit (loss) for the period before taxes | 9903 | €17,771 | €10,393 | -€7,379 | -41.5% |
| Income taxes | 67/77 | €1,890 | €17,819 | +€15,929 | +842.9% |
| Profit (loss) for the period | 9904 | €15,882 | -€7,427 | -€23,308 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,882 | -€7,427 | -€23,308 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.