C² Consult: 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.
C² Consult
Largest movements
- Current investments +€31,792
up €31,792 (+43.3%), from €73,414 to €105,206
- Tangible fixed assets -€17,074
down €17,074 (-24.8%), from €68,840 to €51,766
of which Furniture and vehicles: -€16,289
- Cash +€13,166
up €13,166 (+24.2%), from €54,348 to €67,515
mainly Net result for the year (+€51,624) and Depreciation (+€17,074)
- Receivables within one year +€5,126
up €5,126 (+18.9%), from €27,094 to €32,220
of which Other amounts receivable: +€3,784
- Reserves +€34,409
up €34,409 (+16.9%), from €203,473 to €237,882
- Gross operating margin -€4,671
down €4,671 (-4.8%), from €98,286 to €93,615
- Depreciation +€1,417
up €1,417 (+9.0%), from €15,657 to €17,074
- Financial income +€1,032
up €1,032 (+39.6%), from €2,605 to €3,637
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 | €223,887 | €257,512 | +€33,625 | +15.0% |
| Fixed assets | 21/28 | €68,840 | €51,766 | -€17,074 | -24.8% |
| Tangible fixed assets | 22/27 | €68,840 | €51,766 | -€17,074 | -24.8% |
| Plant, machinery and equipment | 23 | €2,639 | €2,346 | -€293 | -11.1% |
| Furniture and vehicles | 24 | €65,536 | €49,247 | -€16,289 | -24.9% |
| Other tangible fixed assets | 26 | €665 | €173 | -€492 | -74.0% |
| Current assets | 29/58 | €155,047 | €205,746 | +€50,699 | +32.7% |
| Amounts receivable within one year | 40/41 | €27,094 | €32,220 | +€5,126 | +18.9% |
| Trade receivables | 40 | €27,094 | €28,435 | +€1,342 | +5.0% |
| Other amounts receivable | 41 | €0 | €3,784 | +€3,784 | |
| Current investments | 50/53 | €73,414 | €105,206 | +€31,792 | +43.3% |
| Cash at bank and in hand | 54/58 | €54,348 | €67,515 | +€13,166 | +24.2% |
| Deferred charges and accrued income | 490/1 | €191 | €806 | +€614 | +321.2% |
| Total equity and liabilities | 10/49 | €223,887 | €257,512 | +€33,625 | +15.0% |
| Equity | 10/15 | €209,673 | €244,082 | +€34,409 | +16.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €203,473 | €237,882 | +€34,409 | +16.9% |
| Distributable reserves | 133 | €203,473 | €237,882 | +€34,409 | +16.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,214 | €13,430 | -€784 | -5.5% |
| Amounts payable within one year | 42/48 | €14,214 | €13,430 | -€784 | -5.5% |
| Trade debts | 44 | €275 | €676 | +€401 | +145.9% |
| Suppliers | 440/4 | €275 | €676 | +€401 | +145.9% |
| Taxes, remuneration and social security | 45 | €12,819 | €11,588 | -€1,232 | -9.6% |
| Taxes | 450/3 | €12,819 | €11,588 | -€1,232 | -9.6% |
| Other amounts payable | 47/48 | €1,120 | €1,166 | +€46 | +4.1% |
| Non-recurring operating income | 76A | €7,438 | €0 | -€7,438 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,657 | €17,074 | +€1,417 | +9.0% |
| Other operating charges | 640/8 | €645 | €1,153 | +€508 | +78.8% |
| Gross operating margin | 9900 | €98,286 | €93,615 | -€4,671 | -4.8% |
| Operating profit (loss) | 9901 | €81,984 | €75,388 | -€6,597 | -8.0% |
| Financial income | 75/76B | €2,605 | €3,637 | +€1,032 | +39.6% |
| Recurring financial income | 75 | €2,605 | €3,637 | +€1,032 | +39.6% |
| Financial charges | 65/66B | €839 | €1,075 | +€236 | +28.1% |
| Recurring financial charges | 65 | €839 | €1,075 | +€236 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €83,751 | €77,950 | -€5,801 | -6.9% |
| Income taxes | 67/77 | €26,511 | €26,326 | -€184 | -0.7% |
| Profit (loss) for the period | 9904 | €57,240 | €51,624 | -€5,616 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,240 | €51,624 | -€5,616 | -9.8% |
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 10 October 2026 via checked.be.