CONDOR 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.
CONDOR CONSULTING
Largest movements
- Current investments +€80,000
new in 2026: €80,000
- Cash -€78,031
down €78,031 (-91.5%), from €85,323 to €7,292
mainly Current investments (-€80,000) and Tax, wage and social debts (-€600)
- Reserves +€2,569
up €2,569 (+7.4%), from €34,723 to €37,292
- Gross operating margin -€5,847
down €5,847 (-63.1%), from €9,261 to €3,414
- Staff costs -€4,000
no longer reported in 2026 (was €4,000)
- Financial income -€2,181
down €2,181 (-77.6%), from €2,810 to €629
of which Financial income: -€2,097
- Taxes -€293
down €293 (-18.2%), from €1,612 to €1,319
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,323 | €87,292 | +€1,969 | +2.3% |
| Current assets | 29/58 | €85,323 | €87,292 | +€1,969 | +2.3% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €85,323 | €7,292 | -€78,031 | -91.5% |
| Total equity and liabilities | 10/49 | €85,323 | €87,292 | +€1,969 | +2.3% |
| Equity | 10/15 | €84,723 | €87,292 | +€2,569 | +3.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €34,723 | €37,292 | +€2,569 | +7.4% |
| Distributable reserves | 133 | €34,723 | €37,292 | +€2,569 | +7.4% |
| Amounts payable | 17/49 | €600 | - | -€600 | |
| Amounts payable within one year | 42/48 | €600 | - | -€600 | |
| Taxes, remuneration and social security | 45 | €600 | - | -€600 | |
| Taxes | 450/3 | €600 | - | -€600 | |
| Remuneration, social security and pensions | 62 | €4,000 | - | -€4,000 | |
| Gross operating margin | 9900 | €9,261 | €3,414 | -€5,847 | -63.1% |
| Operating profit (loss) | 9901 | €5,261 | €3,414 | -€1,847 | -35.1% |
| Financial income | 75/76B | €2,810 | €629 | -€2,181 | -77.6% |
| Recurring financial income | 75 | €2,726 | €629 | -€2,097 | -76.9% |
| Non-recurring financial income | 76B | €84 | - | -€84 | |
| Financial charges | 65/66B | €153 | €155 | +€2 | +1.3% |
| Recurring financial charges | 65 | €153 | €155 | +€2 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €7,918 | €3,888 | -€4,030 | -50.9% |
| Income taxes | 67/77 | €1,612 | €1,319 | -€293 | -18.2% |
| Profit (loss) for the period | 9904 | €6,306 | €2,569 | -€3,737 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,306 | €2,569 | -€3,737 | -59.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.