BOREAS 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.
BOREAS CONSULT
Largest movements
- Receivables within one year -€4,584
down €4,584 (-49.0%), from €9,348 to €4,764
of which Trade receivables: -€2,845
- Deferred charges and accrued income -€1,570
down €1,570 (-39.4%), from €3,981 to €2,410
- Cash -€740
down €740 (-7.0%), from €10,585 to €9,845
mainly Other debts (-€2,998) and Tax, wage and social debts (-€2,526)
- Intangible fixed assets -€651
down €651 (-51.0%), from €1,276 to €625
- Other debts -€2,998
down €2,998 (-100.0%), from €2,998 to €0
- Tax, wage and social debts -€2,526
down €2,526 (-93.2%), from €2,711 to €185
- Profit (loss) carried forward -€2,102
down €2,102 (-39.6%), from €5,306 to €3,204
- Gross operating margin -€19,793
down €19,793, from €19,308 to -€485
- Taxes -€6,261
down €6,261 (-98.7%), from €6,340 to €80
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,189 | €17,644 | -€7,545 | -30.0% |
| Fixed assets | 21/28 | €1,276 | €625 | -€651 | -51.0% |
| Intangible fixed assets | 21 | €1,276 | €625 | -€651 | -51.0% |
| Current assets | 29/58 | €23,914 | €17,019 | -€6,894 | -28.8% |
| Amounts receivable within one year | 40/41 | €9,348 | €4,764 | -€4,584 | -49.0% |
| Trade receivables | 40 | €5,189 | €2,344 | -€2,845 | -54.8% |
| Other amounts receivable | 41 | €4,160 | €2,420 | -€1,739 | -41.8% |
| Cash at bank and in hand | 54/58 | €10,585 | €9,845 | -€740 | -7.0% |
| Deferred charges and accrued income | 490/1 | €3,981 | €2,410 | -€1,570 | -39.4% |
| Total equity and liabilities | 10/49 | €25,189 | €17,644 | -€7,545 | -30.0% |
| Equity | 10/15 | €18,706 | €16,604 | -€2,102 | -11.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,400 | €11,400 | = | 0.0% |
| Distributable reserves | 133 | €11,400 | €11,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,306 | €3,204 | -€2,102 | -39.6% |
| Amounts payable | 17/49 | €6,483 | €1,040 | -€5,443 | -84.0% |
| Amounts payable within one year | 42/48 | €6,483 | €1,040 | -€5,443 | -84.0% |
| Trade debts | 44 | €774 | €855 | +€80 | +10.4% |
| Suppliers | 440/4 | €774 | €855 | +€80 | +10.4% |
| Taxes, remuneration and social security | 45 | €2,711 | €185 | -€2,526 | -93.2% |
| Taxes | 450/3 | €2,711 | €185 | -€2,526 | -93.2% |
| Other amounts payable | 47/48 | €2,998 | €0 | -€2,998 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €651 | €651 | = | 0.0% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €19,308 | -€485 | -€19,793 | |
| Operating profit (loss) | 9901 | €18,157 | -€1,649 | -€19,807 | |
| Financial charges | 65/66B | €378 | €373 | -€6 | -1.5% |
| Recurring financial charges | 65 | €378 | €373 | -€6 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €17,779 | -€2,022 | -€19,801 | |
| Income taxes | 67/77 | €6,340 | €80 | -€6,261 | -98.7% |
| Profit (loss) for the period | 9904 | €11,439 | -€2,102 | -€13,541 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,439 | -€2,102 | -€13,541 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.