BOX 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.
BOX CONSULTING
Largest movements
- Stocks and contracts -€225,997
down €225,997 (-35.6%), from €634,508 to €408,511
- Receivables within one year -€17,545
no longer reported in 2025 (was €17,545)
- Current portion of long-term debt -€250,000
no longer reported in 2025 (was €250,000)
- Profit (loss) carried forward +€12,504
up €12,504 (+13.5%), from -€92,304 to -€79,800
- Financial charges -€15,643
down €15,643 (-70.7%), from €22,119 to €6,476
- Gross operating margin -€3,880
down €3,880 (-6.2%), from €62,454 to €58,574
- Staff costs +€1,829
up €1,829 (+5.5%), from €33,474 to €35,303
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 | €657,611 | €419,529 | -€238,082 | -36.2% |
| Fixed assets | 21/28 | €1,250 | €2,479 | +€1,229 | +98.3% |
| Tangible fixed assets | 22/27 | €1,250 | €2,479 | +€1,229 | +98.3% |
| Plant, machinery and equipment | 23 | €1,250 | €1,732 | +€482 | +38.6% |
| Furniture and vehicles | 24 | €0 | €747 | +€747 | |
| Current assets | 29/58 | €656,361 | €417,050 | -€239,312 | -36.5% |
| Stocks and contracts in progress | 3 | €634,508 | €408,511 | -€225,997 | -35.6% |
| Stocks | 30/36 | €634,508 | €408,511 | -€225,997 | -35.6% |
| Amounts receivable within one year | 40/41 | €17,545 | - | -€17,545 | |
| Other amounts receivable | 41 | €17,545 | - | -€17,545 | |
| Cash at bank and in hand | 54/58 | €4,196 | €8,443 | +€4,247 | +101.2% |
| Deferred charges and accrued income | 490/1 | €112 | €95 | -€17 | -15.3% |
| Total equity and liabilities | 10/49 | €657,611 | €419,529 | -€238,082 | -36.2% |
| Equity | 10/15 | €178,011 | €190,515 | +€12,504 | +7.0% |
| Contributions | 10/11 | €188,600 | €188,600 | = | 0.0% |
| Reserves | 13 | €81,715 | €81,715 | = | 0.0% |
| Distributable reserves | 133 | €81,715 | €81,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,304 | -€79,800 | +€12,504 | +13.5% |
| Amounts payable | 17/49 | €479,600 | €229,014 | -€250,587 | -52.2% |
| Amounts payable after more than one year | 17 | €96,959 | €96,959 | = | 0.0% |
| Financial debts | 170/4 | €96,959 | €96,959 | = | 0.0% |
| Amounts payable within one year | 42/48 | €382,465 | €132,055 | -€250,410 | -65.5% |
| Current portion of amounts payable after more than one year | 42 | €250,000 | - | -€250,000 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,038 | €6,334 | -€2,703 | -29.9% |
| Remuneration and social security | 454/9 | €9,038 | €6,334 | -€2,703 | -29.9% |
| Other amounts payable | 47/48 | €123,427 | €125,720 | +€2,293 | +1.9% |
| Accrued charges and deferred income | 492/3 | €176 | - | -€176 | |
| Remuneration, social security and pensions | 62 | €33,474 | €35,303 | +€1,829 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,569 | €1,211 | -€358 | -22.8% |
| Other operating charges | 640/8 | €2,780 | €3,089 | +€309 | +11.1% |
| Gross operating margin | 9900 | €62,454 | €58,574 | -€3,880 | -6.2% |
| Operating profit (loss) | 9901 | €24,631 | €18,970 | -€5,661 | -23.0% |
| Financial income | 75/76B | €0 | €10 | +€10 | +4247.8% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +4247.8% |
| Financial charges | 65/66B | €22,119 | €6,476 | -€15,643 | -70.7% |
| Recurring financial charges | 65 | €22,119 | €6,476 | -€15,643 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | €2,512 | €12,504 | +€9,992 | +397.7% |
| Profit (loss) for the period | 9904 | €2,512 | €12,504 | +€9,992 | +397.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,512 | €12,504 | +€9,992 | +397.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.