CFO 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.
CFO CONSULTING
Largest movements
- Cash -€21,583
down €21,583 (-30.5%), from €70,750 to €49,167
mainly Other debts (-€47,894) and Trade debts (-€1,442)
- Receivables within one year -€7,765
down €7,765 (-33.0%), from €23,495 to €15,730
- Tangible fixed assets -€2,129
down €2,129 (-51.8%), from €4,111 to €1,981
of which Furniture and vehicles: -€1,146
- Other debts -€47,894
no longer reported in 2025 (was €47,894)
- Profit (loss) carried forward +€17,618
up €17,618 (+64.9%), from €27,161 to €44,778
- Trade debts -€1,442
down €1,442 (-23.6%), from €6,098 to €4,656
- Gross operating margin +€16,929
up €16,929 (+323.6%), from €5,231 to €22,160
- Taxes +€1,337
new in 2025: €1,337
- Other operating charges -€923
down €923 (-56.7%), from €1,628 to €705
- Depreciation -€387
down €387 (-15.4%), from €2,516 to €2,129
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 | €99,155 | €66,939 | -€32,217 | -32.5% |
| Fixed assets | 21/28 | €4,171 | €2,042 | -€2,129 | -51.0% |
| Tangible fixed assets | 22/27 | €4,111 | €1,981 | -€2,129 | -51.8% |
| Plant, machinery and equipment | 23 | €2,692 | €1,708 | -€984 | -36.5% |
| Furniture and vehicles | 24 | €1,419 | €273 | -€1,146 | -80.8% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €94,985 | €64,897 | -€30,088 | -31.7% |
| Amounts receivable within one year | 40/41 | €23,495 | €15,730 | -€7,765 | -33.0% |
| Trade receivables | 40 | €23,495 | €15,730 | -€7,765 | -33.0% |
| Cash at bank and in hand | 54/58 | €70,750 | €49,167 | -€21,583 | -30.5% |
| Deferred charges and accrued income | 490/1 | €740 | - | -€740 | |
| Total equity and liabilities | 10/49 | €99,155 | €66,939 | -€32,217 | -32.5% |
| Equity | 10/15 | €41,421 | €59,038 | +€17,618 | +42.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,161 | €44,778 | +€17,618 | +64.9% |
| Amounts payable | 17/49 | €57,735 | €7,900 | -€49,834 | -86.3% |
| Amounts payable within one year | 42/48 | €57,735 | €7,900 | -€49,834 | -86.3% |
| Trade debts | 44 | €6,098 | €4,656 | -€1,442 | -23.6% |
| Suppliers | 440/4 | €6,098 | €4,656 | -€1,442 | -23.6% |
| Taxes, remuneration and social security | 45 | €3,743 | €3,244 | -€499 | -13.3% |
| Taxes | 450/3 | €3,743 | €3,244 | -€499 | -13.3% |
| Other amounts payable | 47/48 | €47,894 | - | -€47,894 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,516 | €2,129 | -€387 | -15.4% |
| Other operating charges | 640/8 | €1,628 | €705 | -€923 | -56.7% |
| Gross operating margin | 9900 | €5,231 | €22,160 | +€16,929 | +323.6% |
| Operating profit (loss) | 9901 | €1,087 | €19,326 | +€18,240 | +1678.5% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €394 | €377 | -€17 | -4.3% |
| Recurring financial charges | 65 | €394 | €377 | -€17 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €693 | €18,954 | +€18,262 | +2636.5% |
| Income taxes | 67/77 | - | €1,337 | +€1,337 | |
| Profit (loss) for the period | 9904 | €693 | €17,618 | +€16,925 | +2443.5% |
| Profit (loss) for the period to be appropriated | 9905 | €693 | €17,618 | +€16,925 | +2443.5% |
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.