Commando Consulting: 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.
Commando Consulting
Largest movements
- Tangible fixed assets +€92,875
up €92,875 (+804.1%), from €11,550 to €104,425
of which Leasing and similar rights: +€79,593
- Cash +€12,277
up €12,277 (+46.0%), from €26,683 to €38,961
mainly Debts after one year (+€59,360) and Net result for the year (+€30,128)
- Receivables within one year +€2,166
up €2,166 (+8.7%), from €25,000 to €27,165
of which Trade receivables: +€1,474
- Debts after one year +€59,360
new in 2025: €59,360
- Profit (loss) carried forward +€30,128
up €30,128 (+76.2%), from €39,517 to €69,645
- Current portion of long-term debt +€21,503
new in 2025: €21,503
- Tax, wage and social debts -€2,787
down €2,787 (-12.6%), from €22,175 to €19,388
- Trade debts -€2,083
down €2,083 (-96.1%), from €2,168 to €85
- Gross operating margin -€7,641
down €7,641 (-14.3%), from €53,473 to €45,832
- Depreciation +€3,760
up €3,760 (+369.4%), from €1,018 to €4,778
- Taxes -€2,123
down €2,123 (-18.6%), from €11,439 to €9,316
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.
Cash bridge derived
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 | €65,860 | €172,292 | +€106,433 | +161.6% |
| Fixed assets | 21/28 | €11,550 | €104,425 | +€92,875 | +804.1% |
| Tangible fixed assets | 22/27 | €11,550 | €104,425 | +€92,875 | +804.1% |
| Plant, machinery and equipment | 23 | €8,010 | €17,241 | +€9,231 | +115.2% |
| Furniture and vehicles | 24 | €3,540 | €7,592 | +€4,052 | +114.5% |
| Leasing and similar rights | 25 | - | €79,593 | +€79,593 | |
| Current assets | 29/58 | €54,310 | €67,867 | +€13,557 | +25.0% |
| Amounts receivable within one year | 40/41 | €25,000 | €27,165 | +€2,166 | +8.7% |
| Trade receivables | 40 | €24,911 | €26,385 | +€1,474 | +5.9% |
| Other amounts receivable | 41 | €89 | €781 | +€692 | +777.7% |
| Cash at bank and in hand | 54/58 | €26,683 | €38,961 | +€12,277 | +46.0% |
| Deferred charges and accrued income | 490/1 | €2,627 | €1,741 | -€886 | -33.7% |
| Total equity and liabilities | 10/49 | €65,860 | €172,292 | +€106,433 | +161.6% |
| Equity | 10/15 | €41,517 | €71,645 | +€30,128 | +72.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,517 | €69,645 | +€30,128 | +76.2% |
| Amounts payable | 17/49 | €24,343 | €100,647 | +€76,305 | +313.5% |
| Amounts payable after more than one year | 17 | - | €59,360 | +€59,360 | |
| Financial debts | 170/4 | - | €59,360 | +€59,360 | |
| Amounts payable within one year | 42/48 | €24,343 | €41,091 | +€16,748 | +68.8% |
| Current portion of amounts payable after more than one year | 42 | - | €21,503 | +€21,503 | |
| Trade debts | 44 | €2,168 | €85 | -€2,083 | -96.1% |
| Suppliers | 440/4 | €2,168 | €85 | -€2,083 | -96.1% |
| Taxes, remuneration and social security | 45 | €22,175 | €19,388 | -€2,787 | -12.6% |
| Taxes | 450/3 | €22,175 | €19,388 | -€2,787 | -12.6% |
| Other amounts payable | 47/48 | - | €115 | +€115 | |
| Accrued charges and deferred income | 492/3 | - | €197 | +€197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,018 | €4,778 | +€3,760 | +369.4% |
| Gross operating margin | 9900 | €53,473 | €45,832 | -€7,641 | -14.3% |
| Operating profit (loss) | 9901 | €52,455 | €41,055 | -€11,401 | -21.7% |
| Financial income | 75/76B | €7 | €118 | +€111 | +1601.3% |
| Recurring financial income | 75 | €7 | €118 | +€111 | +1601.3% |
| Financial charges | 65/66B | €1,506 | €1,729 | +€222 | +14.8% |
| Recurring financial charges | 65 | €1,506 | €1,729 | +€222 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €50,956 | €39,444 | -€11,512 | -22.6% |
| Income taxes | 67/77 | €11,439 | €9,316 | -€2,123 | -18.6% |
| Profit (loss) for the period | 9904 | €39,517 | €30,128 | -€9,389 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,517 | €30,128 | -€9,389 | -23.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.