Challenge Consult: 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.
Challenge Consult
Largest movements
- Receivables within one year -€10,012
down €10,012 (-19.2%), from €52,244 to €42,232
of which Other amounts receivable: -€12,687
- Cash -€1,958
down €1,958 (-37.7%), from €5,192 to €3,234
mainly Other debts (-€19,229) and Tax, wage and social debts (-€5,402)
- Other debts -€19,229
down €19,229 (-100.0%), from €19,229 to €0
- Profit (loss) carried forward +€10,718
up €10,718 (+149.0%), from €7,195 to €17,914
- Tax, wage and social debts -€5,402
down €5,402 (-54.7%), from €9,877 to €4,475
- Trade debts +€1,717
up €1,717 (+65.8%), from €2,608 to €4,325
- Gross operating margin +€4,879
up €4,879 (+40.2%), from €12,143 to €17,022
- Taxes +€1,126
up €1,126 (+32.8%), from €3,436 to €4,562
- Other operating charges +€612
up €612 (+48.6%), from €1,260 to €1,872
- Financial income +€345
up €345 (+44.0%), from €786 to €1,131
- Depreciation -€246
down €246 (-32.7%), from €752 to €506
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,370 | €47,174 | -€12,196 | -20.5% |
| Fixed assets | 21/28 | €763 | €258 | -€506 | -66.2% |
| Tangible fixed assets | 22/27 | €763 | €258 | -€506 | -66.2% |
| Furniture and vehicles | 24 | €763 | €258 | -€506 | -66.2% |
| Current assets | 29/58 | €58,607 | €46,916 | -€11,691 | -19.9% |
| Amounts receivable within one year | 40/41 | €52,244 | €42,232 | -€10,012 | -19.2% |
| Trade receivables | 40 | €25,500 | €28,175 | +€2,675 | +10.5% |
| Other amounts receivable | 41 | €26,744 | €14,057 | -€12,687 | -47.4% |
| Cash at bank and in hand | 54/58 | €5,192 | €3,234 | -€1,958 | -37.7% |
| Deferred charges and accrued income | 490/1 | €1,170 | €1,450 | +€280 | +23.9% |
| Total equity and liabilities | 10/49 | €59,370 | €47,174 | -€12,196 | -20.5% |
| Equity | 10/15 | €27,655 | €38,374 | +€10,718 | +38.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,195 | €17,914 | +€10,718 | +149.0% |
| Amounts payable | 17/49 | €31,714 | €8,800 | -€22,914 | -72.3% |
| Amounts payable within one year | 42/48 | €31,714 | €8,800 | -€22,914 | -72.3% |
| Trade debts | 44 | €2,608 | €4,325 | +€1,717 | +65.8% |
| Suppliers | 440/4 | €2,608 | €4,325 | +€1,717 | +65.8% |
| Taxes, remuneration and social security | 45 | €9,877 | €4,475 | -€5,402 | -54.7% |
| Taxes | 450/3 | €9,877 | €4,475 | -€5,402 | -54.7% |
| Other amounts payable | 47/48 | €19,229 | €0 | -€19,229 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €752 | €506 | -€246 | -32.7% |
| Other operating charges | 640/8 | €1,260 | €1,872 | +€612 | +48.6% |
| Gross operating margin | 9900 | €12,143 | €17,022 | +€4,879 | +40.2% |
| Operating profit (loss) | 9901 | €10,132 | €14,645 | +€4,513 | +44.5% |
| Financial income | 75/76B | €786 | €1,131 | +€345 | +44.0% |
| Recurring financial income | 75 | €786 | €1,131 | +€345 | +44.0% |
| Financial charges | 65/66B | €285 | €495 | +€210 | +73.7% |
| Recurring financial charges | 65 | €285 | €495 | +€210 | +73.7% |
| Profit (loss) for the period before taxes | 9903 | €10,632 | €15,280 | +€4,648 | +43.7% |
| Income taxes | 67/77 | €3,436 | €4,562 | +€1,126 | +32.8% |
| Profit (loss) for the period | 9904 | €7,195 | €10,718 | +€3,523 | +49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,195 | €10,718 | +€3,523 | +49.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.