Clé à 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.
Clé à Consult
Largest movements
- Tangible fixed assets -€12,783
down €12,783 (-47.3%), from €27,035 to €14,252
of which Furniture and vehicles: -€12,107
- Receivables within one year +€3,470
up €3,470 (+350%), from €991 to €4,460
of which Trade receivables: +€3,267
- Intangible fixed assets +€2,473
up €2,473 (+35.0%), from €7,074 to €9,546
- Deferred charges and accrued income -€1,343
down €1,343 (-38.0%), from €3,535 to €2,192
- Cash -€511
down €511 (-36.9%), from €1,386 to €875
mainly Net result for the year (-€17,365) and Current portion of long-term debt (-€4,105)
- Profit (loss) carried forward -€17,365
down €17,365 (-44.9%), from -€38,689 to -€56,054
- Other debts +€8,956
up €8,956 (+277%), from €3,231 to €12,187
- Current portion of long-term debt -€4,105
no longer reported in 2025 (was €4,105)
- Debts after one year +€3,419
up €3,419 (+5.0%), from €68,921 to €72,340
- Gross operating margin +€9,307
up €9,307, from -€7,981 to €1,326
- Financial charges +€1,243
up €1,243 (+51.5%), from €2,412 to €3,656
- Depreciation +€141
up €141 (+1.0%), from €13,585 to €13,726
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 | €40,019 | €31,325 | -€8,694 | -21.7% |
| Fixed assets | 21/28 | €34,108 | €23,798 | -€10,310 | -30.2% |
| Intangible fixed assets | 21 | €7,074 | €9,546 | +€2,473 | +35.0% |
| Tangible fixed assets | 22/27 | €27,035 | €14,252 | -€12,783 | -47.3% |
| Furniture and vehicles | 24 | €21,149 | €9,042 | -€12,107 | -57.2% |
| Other tangible fixed assets | 26 | €5,886 | €5,209 | -€676 | -11.5% |
| Current assets | 29/58 | €5,911 | €7,527 | +€1,616 | +27.3% |
| Amounts receivable within one year | 40/41 | €991 | €4,460 | +€3,470 | +350% |
| Trade receivables | 40 | €962 | €4,230 | +€3,267 | +339% |
| Other amounts receivable | 41 | €28 | €231 | +€203 | +716% |
| Cash at bank and in hand | 54/58 | €1,386 | €875 | -€511 | -36.9% |
| Deferred charges and accrued income | 490/1 | €3,535 | €2,192 | -€1,343 | -38.0% |
| Total equity and liabilities | 10/49 | €40,019 | €31,325 | -€8,694 | -21.7% |
| Equity | 10/15 | -€37,189 | -€54,554 | -€17,365 | -46.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,689 | -€56,054 | -€17,365 | -44.9% |
| Amounts payable | 17/49 | €77,208 | €85,879 | +€8,671 | +11.2% |
| Amounts payable after more than one year | 17 | €68,921 | €72,340 | +€3,419 | +5.0% |
| Other amounts payable | 178/9 | €68,921 | €72,340 | +€3,419 | +5.0% |
| Amounts payable within one year | 42/48 | €8,271 | €13,539 | +€5,268 | +63.7% |
| Current portion of amounts payable after more than one year | 42 | €4,105 | - | -€4,105 | |
| Trade debts | 44 | €600 | €977 | +€377 | +62.8% |
| Suppliers | 440/4 | €600 | €977 | +€377 | +62.8% |
| Taxes, remuneration and social security | 45 | €335 | €376 | +€40 | +12.0% |
| Taxes | 450/3 | €335 | €376 | +€40 | +12.0% |
| Other amounts payable | 47/48 | €3,231 | €12,187 | +€8,956 | +277% |
| Accrued charges and deferred income | 492/3 | €16 | - | -€16 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,585 | €13,726 | +€141 | +1.0% |
| Other operating charges | 640/8 | €942 | €933 | -€9 | -0.9% |
| Gross operating margin | 9900 | -€7,981 | €1,326 | +€9,307 | |
| Operating profit (loss) | 9901 | -€22,508 | -€13,334 | +€9,175 | +40.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,412 | €3,656 | +€1,243 | +51.5% |
| Recurring financial charges | 65 | €2,412 | €3,656 | +€1,243 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,921 | -€16,989 | +€7,931 | +31.8% |
| Income taxes | 67/77 | €335 | €376 | +€40 | +12.0% |
| Profit (loss) for the period | 9904 | -€25,256 | -€17,365 | +€7,891 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,256 | -€17,365 | +€7,891 | +31.2% |
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 16 October 2026 via checked.be.