CET 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.
CET CONSULT
Largest movements
- Cash +€8,695
up €8,695 (+1,157%), from €752 to €9,447
mainly Net result for the year (+€19,107) and Depreciation (+€6,030)
- Receivables within one year +€7,171
up €7,171 (+32.9%), from €21,795 to €28,966
of which Other amounts receivable: +€6,588
- Tangible fixed assets -€6,030
down €6,030 (-77.0%), from €7,833 to €1,803
- Financial fixed assets +€4,049
new in 2025: €4,049
- Reserves +€19,107
up €19,107 (+294%), from €6,492 to €25,599
- Tax, wage and social debts -€5,210
down €5,210 (-29.6%), from €17,602 to €12,392
- Gross operating margin +€21,338
up €21,338 (+65.0%), from €32,851 to €54,189
- Taxes +€8,726
up €8,726 (+150%), from €5,826 to €14,553
- Financial charges -€1,774
down €1,774 (-11.1%), from €15,973 to €14,199
- Depreciation -€1,431
down €1,431 (-19.2%), from €7,461 to €6,030
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.
Derived cash bridge
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 | €30,380 | €44,372 | +€13,992 | +46.1% |
| Fixed assets | 21/28 | €7,833 | €5,851 | -€1,982 | -25.3% |
| Tangible fixed assets | 22/27 | €7,833 | €1,803 | -€6,030 | -77.0% |
| Furniture and vehicles | 24 | €7,833 | €1,803 | -€6,030 | -77.0% |
| Financial fixed assets | 28 | - | €4,049 | +€4,049 | |
| Current assets | 29/58 | €22,547 | €38,521 | +€15,974 | +70.8% |
| Amounts receivable within one year | 40/41 | €21,795 | €28,966 | +€7,171 | +32.9% |
| Trade receivables | 40 | €5,917 | €6,500 | +€583 | +9.9% |
| Other amounts receivable | 41 | €15,879 | €22,466 | +€6,588 | +41.5% |
| Cash at bank and in hand | 54/58 | €752 | €9,447 | +€8,695 | +1,157% |
| Deferred charges and accrued income | 490/1 | - | €108 | +€108 | |
| Total equity and liabilities | 10/49 | €30,380 | €44,372 | +€13,992 | +46.1% |
| Equity | 10/15 | €12,692 | €31,799 | +€19,107 | +151% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,492 | €25,599 | +€19,107 | +294% |
| Distributable reserves | 133 | €6,492 | €25,599 | +€19,107 | +294% |
| Amounts payable | 17/49 | €17,687 | €12,572 | -€5,115 | -28.9% |
| Amounts payable within one year | 42/48 | €17,687 | €12,572 | -€5,115 | -28.9% |
| Trade debts | 44 | €85 | €180 | +€96 | +113% |
| Suppliers | 440/4 | €85 | €180 | +€96 | +113% |
| Taxes, remuneration and social security | 45 | €17,602 | €12,392 | -€5,210 | -29.6% |
| Taxes | 450/3 | €17,602 | €12,392 | -€5,210 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,461 | €6,030 | -€1,431 | -19.2% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Non-recurring operating charges | 66A | €256 | €300 | +€44 | +17.1% |
| Gross operating margin | 9900 | €32,851 | €54,189 | +€21,338 | +65.0% |
| Operating profit (loss) | 9901 | €24,746 | €47,859 | +€23,113 | +93.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €15,973 | €14,199 | -€1,774 | -11.1% |
| Recurring financial charges | 65 | €15,973 | €14,199 | -€1,774 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €8,774 | €33,659 | +€24,886 | +284% |
| Income taxes | 67/77 | €5,826 | €14,553 | +€8,726 | +150% |
| Profit (loss) for the period | 9904 | €2,948 | €19,107 | +€16,159 | +548% |
| Profit (loss) for the period to be appropriated | 9905 | €2,948 | €19,107 | +€16,159 | +548% |
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 15 October 2026 via checked.be.