CONSALIDES: 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.
CONSALIDES
Largest movements
- Financial fixed assets +€56,340
up €56,340 (+8.8%), from €643,567 to €699,908
- Receivables within one year +€36,183
up €36,183 (+1,490%), from €2,428 to €38,610
of which Trade receivables: +€36,671
- Other debts +€117,159
up €117,159 (+8.1%), from €1.4m to €1.6m
- Profit (loss) carried forward -€20,341
down €20,341 (-2.5%), from -€823,082 to -€843,423
- Current portion of long-term debt -€12,640
down €12,640 (-100%), from €12,640 to €0
- Financial income +€649,272
up €649,272 (+9,887%), from €6,567 to €655,839
of which Non-recurring financial income: +€655,839
- Gross operating margin +€18,984
up €18,984 (+50.9%), from -€37,313 to -€18,329
- Depreciation -€14,992
down €14,992 (-99.3%), from €15,095 to €103
- Write-downs -€13,592
down €13,592 (-100%), from €13,592 to €0
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 | €660,134 | €742,032 | +€81,898 | +12.4% |
| Fixed assets | 21/28 | €650,072 | €699,908 | +€49,836 | +7.7% |
| Tangible fixed assets | 22/27 | €6,505 | €0 | -€6,505 | -100% |
| Furniture and vehicles | 24 | €6,505 | €0 | -€6,505 | -100% |
| Financial fixed assets | 28 | €643,567 | €699,908 | +€56,340 | +8.8% |
| Current assets | 29/58 | €10,062 | €42,125 | +€32,062 | +319% |
| Amounts receivable within one year | 40/41 | €2,428 | €38,610 | +€36,183 | +1,490% |
| Trade receivables | 40 | €79 | €36,750 | +€36,671 | +46,573% |
| Other amounts receivable | 41 | €2,349 | €1,860 | -€489 | -20.8% |
| Cash at bank and in hand | 54/58 | €4,539 | €1,759 | -€2,781 | -61.3% |
| Deferred charges and accrued income | 490/1 | €3,095 | €1,756 | -€1,339 | -43.3% |
| Total equity and liabilities | 10/49 | €660,134 | €742,032 | +€81,898 | +12.4% |
| Equity | 10/15 | -€808,222 | -€828,563 | -€20,341 | -2.5% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€823,082 | -€843,423 | -€20,341 | -2.5% |
| Amounts payable | 17/49 | €1,468,356 | €1,570,595 | +€102,239 | +7.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,468,356 | €1,570,595 | +€102,239 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €12,640 | €0 | -€12,640 | -100% |
| Trade debts | 44 | €8,332 | €3,976 | -€4,356 | -52.3% |
| Suppliers | 440/4 | €8,332 | €3,976 | -€4,356 | -52.3% |
| Taxes, remuneration and social security | 45 | - | €2,075 | +€2,075 | |
| Taxes | 450/3 | - | €2,075 | +€2,075 | |
| Other amounts payable | 47/48 | €1,447,384 | €1,564,543 | +€117,159 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,095 | €103 | -€14,992 | -99.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,592 | €0 | -€13,592 | -100% |
| Other operating charges | 640/8 | €1,284 | €1,289 | +€5 | +0.4% |
| Gross operating margin | 9900 | -€37,313 | -€18,329 | +€18,984 | +50.9% |
| Operating profit (loss) | 9901 | -€67,284 | -€19,720 | +€47,563 | +70.7% |
| Financial income | 75/76B | €6,567 | €655,839 | +€649,272 | +9,887% |
| Recurring financial income | 75 | €6,567 | €0 | -€6,567 | -100% |
| Non-recurring financial income | 76B | - | €655,839 | +€655,839 | |
| Financial charges | 65/66B | €656,795 | €656,460 | -€335 | -0.1% |
| Recurring financial charges | 65 | €956 | €621 | -€335 | -35.1% |
| Non-recurring financial charges | 66B | €655,839 | €655,839 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€717,512 | -€20,341 | +€697,171 | +97.2% |
| Profit (loss) for the period | 9904 | -€717,512 | -€20,341 | +€697,171 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€717,512 | -€20,341 | +€697,171 | +97.2% |
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 15 October 2026 via checked.be.