CO-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.
CO-CONSULT
Largest movements
- Tangible fixed assets +€32,511
up €32,511 (+32.5%), from €100,017 to €132,528
of which Land and buildings: +€47,195
- Receivables within one year +€19,588
up €19,588 (+302%), from €6,486 to €26,075
of which Trade receivables: +€17,605
- Cash -€10,340
down €10,340 (-21.1%), from €48,942 to €38,602
mainly Investment in fixed assets (net) (-€51,707) and Receivables within one year (-€19,588)
- Deferred charges and accrued income +€2,912
up €2,912, from €0 to €2,912
- Debts after one year +€28,682
up €28,682 (+65.9%), from €43,510 to €72,191
- Current portion of long-term debt +€10,991
up €10,991 (+78.2%), from €14,062 to €25,054
- Reserves +€4,997
up €4,997 (+25.0%), from €20,016 to €25,012
- Gross operating margin -€10,031
down €10,031 (-20.6%), from €48,589 to €38,558
- Other operating charges +€6,654
up €6,654 (+267%), from €2,494 to €9,148
- Taxes -€4,338
down €4,338 (-76.8%), from €5,646 to €1,309
- Depreciation +€2,539
up €2,539 (+15.2%), from €16,657 to €19,196
- Staff costs +€1,140
new in 2025: €1,140
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 | €155,945 | €200,617 | +€44,672 | +28.6% |
| Fixed assets | 21/28 | €100,517 | €133,028 | +€32,511 | +32.3% |
| Tangible fixed assets | 22/27 | €100,017 | €132,528 | +€32,511 | +32.5% |
| Land and buildings | 22 | €44,615 | €91,810 | +€47,195 | +106% |
| Plant, machinery and equipment | 23 | €27,431 | €19,790 | -€7,642 | -27.9% |
| Furniture and vehicles | 24 | €27,970 | €20,928 | -€7,042 | -25.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €55,428 | €67,589 | +€12,161 | +21.9% |
| Amounts receivable within one year | 40/41 | €6,486 | €26,075 | +€19,588 | +302% |
| Trade receivables | 40 | €4,778 | €22,383 | +€17,605 | +368% |
| Other amounts receivable | 41 | €1,708 | €3,691 | +€1,983 | +116% |
| Cash at bank and in hand | 54/58 | €48,942 | €38,602 | -€10,340 | -21.1% |
| Deferred charges and accrued income | 490/1 | €0 | €2,912 | +€2,912 | |
| Total equity and liabilities | 10/49 | €155,945 | €200,617 | +€44,672 | +28.6% |
| Equity | 10/15 | €38,616 | €43,612 | +€4,997 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,016 | €25,012 | +€4,997 | +25.0% |
| Distributable reserves | 133 | €20,016 | €25,012 | +€4,997 | +25.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €117,329 | €157,004 | +€39,675 | +33.8% |
| Amounts payable after more than one year | 17 | €43,510 | €72,191 | +€28,682 | +65.9% |
| Financial debts | 170/4 | €43,510 | €72,191 | +€28,682 | +65.9% |
| Amounts payable within one year | 42/48 | €72,074 | €84,391 | +€12,318 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €14,062 | €25,054 | +€10,991 | +78.2% |
| Trade debts | 44 | €4,432 | €4,003 | -€430 | -9.7% |
| Suppliers | 440/4 | €4,432 | €4,003 | -€430 | -9.7% |
| Taxes, remuneration and social security | 45 | €646 | €1,606 | +€960 | +149% |
| Taxes | 450/3 | €646 | €1,606 | +€960 | +149% |
| Other amounts payable | 47/48 | €52,933 | €53,729 | +€796 | +1.5% |
| Accrued charges and deferred income | 492/3 | €1,746 | €422 | -€1,324 | -75.8% |
| Remuneration, social security and pensions | 62 | - | €1,140 | +€1,140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,657 | €19,196 | +€2,539 | +15.2% |
| Other operating charges | 640/8 | €2,494 | €9,148 | +€6,654 | +267% |
| Gross operating margin | 9900 | €48,589 | €38,558 | -€10,031 | -20.6% |
| Operating profit (loss) | 9901 | €29,437 | €9,073 | -€20,364 | -69.2% |
| Financial income | 75/76B | - | €176 | +€176 | |
| Recurring financial income | 75 | - | €176 | +€176 | |
| Financial charges | 65/66B | €3,776 | €2,944 | -€832 | -22.0% |
| Recurring financial charges | 65 | €3,776 | €2,944 | -€832 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €25,662 | €6,305 | -€19,357 | -75.4% |
| Income taxes | 67/77 | €5,646 | €1,309 | -€4,338 | -76.8% |
| Profit (loss) for the period | 9904 | €20,016 | €4,997 | -€15,019 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,016 | €4,997 | -€15,019 | -75.0% |
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 13 October 2026 via checked.be.