CAPITAL CONSULTANCY: 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.
CAPITAL CONSULTANCY
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€138,149
no longer reported in 2025 (was €138,149)
- Reserves +€136,690
up €136,690 (+458.4%), from €29,820 to €166,509
- Other debts +€67,945
up €67,945 (+30.8%), from €220,500 to €288,445
- Debts after one year -€63,812
down €63,812 (-14.4%), from €443,236 to €379,423
- Financial income -€103,984
down €103,984 (-62.1%), from €167,500 to €63,516
of which Financial income: -€105,784
- Financial charges -€9,007
down €9,007 (-20.4%), from €44,237 to €35,230
- Gross operating margin +€520
up €520 (+3.2%), from -€16,477 to -€15,958
- Depreciation -€291
down €291 (-6.4%), from €4,547 to €4,256
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 | €1,559,953 | €1,569,672 | +€9,719 | +0.6% |
| Fixed assets | 21/28 | €448,076 | €460,220 | +€12,144 | +2.7% |
| Tangible fixed assets | 22/27 | €446,576 | €460,220 | +€13,644 | +3.1% |
| Plant, machinery and equipment | 23 | €87 | - | -€87 | |
| Furniture and vehicles | 24 | €446,489 | €460,220 | +€13,731 | +3.1% |
| Financial fixed assets | 28 | €1,500 | - | -€1,500 | |
| Current assets | 29/58 | €1,111,877 | €1,109,453 | -€2,424 | -0.2% |
| Amounts receivable within one year | 40/41 | €1,105,223 | €1,104,620 | -€602 | -0.1% |
| Other amounts receivable | 41 | €1,105,223 | €1,104,620 | -€602 | -0.1% |
| Cash at bank and in hand | 54/58 | €6,654 | €4,832 | -€1,822 | -27.4% |
| Total equity and liabilities | 10/49 | €1,559,953 | €1,569,672 | +€9,719 | +0.6% |
| Equity | 10/15 | €174,169 | €172,709 | -€1,459 | -0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,820 | €166,509 | +€136,690 | +458.4% |
| Distributable reserves | 133 | €29,820 | €166,509 | +€136,690 | +458.4% |
| Profit (loss) carried forward | 14 | €138,149 | - | -€138,149 | |
| Amounts payable | 17/49 | €1,385,784 | €1,396,963 | +€11,179 | +0.8% |
| Amounts payable after more than one year | 17 | €443,236 | €379,423 | -€63,812 | -14.4% |
| Financial debts | 170/4 | €443,236 | €379,423 | -€63,812 | -14.4% |
| Amounts payable within one year | 42/48 | €942,549 | €1,017,539 | +€74,991 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €67,439 | €69,062 | +€1,623 | +2.4% |
| Financial debts | 43 | €650,000 | €650,000 | = | 0.0% |
| Credit institutions | 430/8 | €650,000 | €650,000 | = | 0.0% |
| Trade debts | 44 | €4,503 | €621 | -€3,882 | -86.2% |
| Suppliers | 440/4 | €4,503 | €621 | -€3,882 | -86.2% |
| Taxes, remuneration and social security | 45 | €106 | €9,412 | +€9,306 | +8765.6% |
| Taxes | 450/3 | €106 | €9,412 | +€9,306 | +8765.6% |
| Other amounts payable | 47/48 | €220,500 | €288,445 | +€67,945 | +30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,547 | €4,256 | -€291 | -6.4% |
| Other operating charges | 640/8 | €126 | €178 | +€52 | +41.4% |
| Gross operating margin | 9900 | -€16,477 | -€15,958 | +€520 | +3.2% |
| Operating profit (loss) | 9901 | -€21,151 | -€20,392 | +€758 | +3.6% |
| Financial income | 75/76B | €167,500 | €63,516 | -€103,984 | -62.1% |
| Recurring financial income | 75 | €167,500 | €61,716 | -€105,784 | -63.2% |
| Non-recurring financial income | 76B | - | €1,800 | +€1,800 | |
| Financial charges | 65/66B | €44,237 | €35,230 | -€9,007 | -20.4% |
| Recurring financial charges | 65 | €44,237 | €35,230 | -€9,007 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €102,112 | €7,893 | -€94,219 | -92.3% |
| Income taxes | 67/77 | €59 | €75 | +€16 | +26.2% |
| Profit (loss) for the period | 9904 | €102,053 | €7,818 | -€94,235 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €102,053 | €7,818 | -€94,235 | -92.3% |
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 8 October 2026 via checked.be.