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CLO94: 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.

What changed

CLO94

BE 0761.386.355
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€37,939
2024 · €73,358-€35,418
Equity
€3,000
2024 · €201,968-€198,968
Cash
€90,156
2024 · €57,059+€33,097
Balance sheet total
€327,816
2024 · €235,521+€92,295

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€76,850

    down €76,850 (-67.9%), from €113,150 to €36,300

    of which Other amounts receivable: -€95,000

  • Current investments +€62,500

    new in 2025: €62,500

  • Tangible fixed assets +€52,548

    up €52,548 (+118.3%), from €44,413 to €96,960

    of which Furniture and vehicles: +€51,974

  • Cash +€33,097

    up €33,097 (+58.0%), from €57,059 to €90,156

    mainly Other debts (+€237,180) and Receivables within one year (+€76,850)

  • Receivables after one year +€21,000

    up €21,000 (+100.5%), from €20,900 to €41,900

Equity and liabilities
  • Other debts +€237,180

    up €237,180 (+49254.6%), from €482 to €237,662

  • Profit (loss) carried forward -€198,968

    no longer reported in 2025 (was €198,968)

  • Debts after one year +€47,194

    up €47,194 (+1226.2%), from €3,849 to €51,043

  • Current portion of long-term debt +€10,031

    up €10,031 (+109.3%), from €9,178 to €19,209

  • Tax, wage and social debts -€8,212

    down €8,212 (-43.1%), from €19,071 to €10,860

Income statement
  • Gross operating margin -€16,722

    down €16,722 (-17.0%), from €98,128 to €81,406

  • Other operating charges +€9,654

    up €9,654 (+5638.7%), from €171 to €9,825

  • Depreciation +€9,644

    up €9,644 (+91.4%), from €10,556 to €20,199

  • Taxes -€3,718

    down €3,718 (-18.3%), from €20,318 to €16,600

  • Financial charges +€2,657

    up €2,657 (+842.8%), from €315 to €2,972

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €73,358
Gross operating margin -€16,722
Depreciation -€9,644
Other operating charges -€9,654
Financial income -€460
Financial charges -€2,657
Taxes +€3,718
Result 2025 €37,939

Cash bridge derived

cash 2024 to 2025

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.

From operations +€348,025
Investment -€135,247
Financing -€179,681
Cash 2024 €57,059
Net result for the year +€37,939
Depreciation +€20,199
Receivables after one year -€21,000
Receivables within one year +€76,850
Trade debts +€5,068
Tax, wage and social debts -€8,212
Other debts +€237,180
Investment in fixed assets (net) -€72,747
Current investments -€62,500
Debts after one year +€47,194
Current portion of long-term debt +€10,031
Contributions, distributions and other -€236,907
Cash 2025 €90,156
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €235,521 €327,816 +€92,295 +39.2%
Fixed assets 21/28 €44,413 €96,960 +€52,548 +118.3%
Tangible fixed assets 22/27 €44,413 €96,960 +€52,548 +118.3%
Furniture and vehicles 24 €35,300 €87,273 +€51,974 +147.2%
Other tangible fixed assets 26 €9,113 €9,687 +€574 +6.3%
Current assets 29/58 €191,109 €230,855 +€39,747 +20.8%
Amounts receivable after more than one year 29 €20,900 €41,900 +€21,000 +100.5%
Other amounts receivable 291 €20,900 €41,900 +€21,000 +100.5%
Amounts receivable within one year 40/41 €113,150 €36,300 -€76,850 -67.9%
Trade receivables 40 €18,150 €36,300 +€18,150 +100.0%
Other amounts receivable 41 €95,000 - -€95,000
Current investments 50/53 - €62,500 +€62,500
Cash at bank and in hand 54/58 €57,059 €90,156 +€33,097 +58.0%
Total equity and liabilities 10/49 €235,521 €327,816 +€92,295 +39.2%
Equity 10/15 €201,968 €3,000 -€198,968 -98.5%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €198,968 - -€198,968
Amounts payable 17/49 €33,554 €324,816 +€291,262 +868.1%
Amounts payable after more than one year 17 €3,849 €51,043 +€47,194 +1226.2%
Financial debts 170/4 €3,849 €51,043 +€47,194 +1226.2%
Amounts payable within one year 42/48 €29,705 €273,773 +€244,068 +821.6%
Current portion of amounts payable after more than one year 42 €9,178 €19,209 +€10,031 +109.3%
Trade debts 44 €974 €6,042 +€5,068 +520.1%
Suppliers 440/4 €974 €6,042 +€5,068 +520.1%
Taxes, remuneration and social security 45 €19,071 €10,860 -€8,212 -43.1%
Taxes 450/3 €19,071 €10,860 -€8,212 -43.1%
Other amounts payable 47/48 €482 €237,662 +€237,180 +49254.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,556 €20,199 +€9,644 +91.4%
Other operating charges 640/8 €171 €9,825 +€9,654 +5638.7%
Gross operating margin 9900 €98,128 €81,406 -€16,722 -17.0%
Operating profit (loss) 9901 €87,401 €51,382 -€36,019 -41.2%
Financial income 75/76B €6,590 €6,130 -€460 -7.0%
Recurring financial income 75 €6,590 €6,130 -€460 -7.0%
Financial charges 65/66B €315 €2,972 +€2,657 +842.8%
Recurring financial charges 65 €315 €2,972 +€2,657 +842.8%
Profit (loss) for the period before taxes 9903 €93,676 €54,540 -€39,137 -41.8%
Income taxes 67/77 €20,318 €16,600 -€3,718 -18.3%
Profit (loss) for the period 9904 €73,358 €37,939 -€35,418 -48.3%
Profit (loss) for the period to be appropriated 9905 €73,358 €37,939 -€35,418 -48.3%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.