CIARDO 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.
CIARDO CONSULTING
Largest movements
- Cash +€14,077
up €14,077 (+125%), from €11,299 to €25,376
mainly Net result for the year (+€19,165) and Trade debts (+€430)
- Receivables within one year +€3,960
up €3,960 (+196%), from €2,023 to €5,983
- Deferred charges and accrued income +€804
up €804 (+80.6%), from €997 to €1,801
- Reserves +€19,000
new in 2025: €19,000
- Tax, wage and social debts -€754
down €754 (-7.1%), from €10,609 to €9,855
- Trade debts +€430
up €430 (+50.4%), from €854 to €1,284
- Gross operating margin +€10,994
up €10,994 (+75.5%), from €14,568 to €25,562
- Depreciation -€4,492
down €4,492 (-100%), from €4,492 to €0
- Financial income +€3,203
new in 2025: €3,203
of which Non-recurring financial income: +€3,177
- Taxes +€3,086
up €3,086 (+71.7%), from €4,303 to €7,389
- Other operating charges +€517
up €517 (+65.9%), from €784 to €1,301
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 | €14,657 | €33,498 | +€18,841 | +129% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €14,657 | €33,498 | +€18,841 | +129% |
| Stocks and contracts in progress | 3 | €338 | €338 | = | 0.0% |
| Stocks | 30/36 | €338 | €338 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,023 | €5,983 | +€3,960 | +196% |
| Other amounts receivable | 41 | €2,023 | €5,983 | +€3,960 | +196% |
| Cash at bank and in hand | 54/58 | €11,299 | €25,376 | +€14,077 | +125% |
| Deferred charges and accrued income | 490/1 | €997 | €1,801 | +€804 | +80.6% |
| Total equity and liabilities | 10/49 | €14,657 | €33,498 | +€18,841 | +129% |
| Equity | 10/15 | €3,194 | €22,359 | +€19,165 | +600% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | - | €19,000 | +€19,000 | |
| Distributable reserves | 133 | - | €19,000 | +€19,000 | |
| Profit (loss) carried forward | 14 | €3,193 | €3,358 | +€165 | +5.2% |
| Amounts payable | 17/49 | €11,463 | €11,139 | -€324 | -2.8% |
| Amounts payable within one year | 42/48 | €11,463 | €11,139 | -€324 | -2.8% |
| Trade debts | 44 | €854 | €1,284 | +€430 | +50.4% |
| Suppliers | 440/4 | €854 | €1,284 | +€430 | +50.4% |
| Taxes, remuneration and social security | 45 | €10,609 | €9,855 | -€754 | -7.1% |
| Taxes | 450/3 | €10,609 | €9,855 | -€754 | -7.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,492 | €0 | -€4,492 | -100% |
| Other operating charges | 640/8 | €784 | €1,301 | +€517 | +65.9% |
| Non-recurring operating charges | 66A | €480 | €729 | +€249 | +51.9% |
| Gross operating margin | 9900 | €14,568 | €25,562 | +€10,994 | +75.5% |
| Operating profit (loss) | 9901 | €8,812 | €23,532 | +€14,720 | +167% |
| Financial income | 75/76B | - | €3,203 | +€3,203 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Non-recurring financial income | 76B | - | €3,177 | +€3,177 | |
| Financial charges | 65/66B | €129 | €181 | +€52 | +40.3% |
| Recurring financial charges | 65 | €129 | €181 | +€52 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €8,683 | €26,554 | +€17,871 | +206% |
| Income taxes | 67/77 | €4,303 | €7,389 | +€3,086 | +71.7% |
| Profit (loss) for the period | 9904 | €4,380 | €19,165 | +€14,785 | +338% |
| Profit (loss) for the period to be appropriated | 9905 | €4,380 | €19,165 | +€14,785 | +338% |
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 21 October 2026 via checked.be.