CONSEAL: 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.
CONSEAL
Largest movements
- Cash +€67,409
up €67,409 (+66.5%), from €101,301 to €168,710
mainly Other debts (+€421,471) and Net result for the year (+€131,429)
- Current investments +€20,855
up €20,855 (+15.0%), from €139,027 to €159,882
- Deferred charges and accrued income +€16,974
up €16,974 (+160%), from €10,612 to €27,586
- Other debts +€421,471
up €421,471 (+327,509%), from €129 to €421,600
- Profit (loss) carried forward -€364,571
down €364,571 (-99.8%), from €365,352 to €781
- Tax, wage and social debts +€55,521
up €55,521 (+84.7%), from €65,546 to €121,067
- Gross operating margin +€27,992
up €27,992 (+20.9%), from €133,989 to €161,982
- Taxes +€8,110
up €8,110 (+24.6%), from €32,943 to €41,053
- Other operating charges +€2,169
up €2,169 (+206%), from €1,052 to €3,221
- Financial income -€2,012
down €2,012 (-11.7%), from €17,164 to €15,153
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 | €437,550 | €549,017 | +€111,467 | +25.5% |
| Fixed assets | 21/28 | €78 | €5,323 | +€5,245 | +6,724% |
| Tangible fixed assets | 22/27 | - | €5,245 | +€5,245 | |
| Furniture and vehicles | 24 | - | €5,245 | +€5,245 | |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €437,472 | €543,694 | +€106,222 | +24.3% |
| Amounts receivable within one year | 40/41 | €186,534 | €187,516 | +€982 | +0.5% |
| Trade receivables | 40 | €22,534 | €23,028 | +€494 | +2.2% |
| Other amounts receivable | 41 | €164,000 | €164,488 | +€488 | +0.3% |
| Current investments | 50/53 | €139,027 | €159,882 | +€20,855 | +15.0% |
| Cash at bank and in hand | 54/58 | €101,301 | €168,710 | +€67,409 | +66.5% |
| Deferred charges and accrued income | 490/1 | €10,612 | €27,586 | +€16,974 | +160% |
| Total equity and liabilities | 10/49 | €437,550 | €549,017 | +€111,467 | +25.5% |
| Equity | 10/15 | €370,352 | €5,781 | -€364,571 | -98.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €365,352 | €781 | -€364,571 | -99.8% |
| Amounts payable | 17/49 | €67,198 | €543,236 | +€476,037 | +708% |
| Amounts payable within one year | 42/48 | €67,198 | €543,236 | +€476,037 | +708% |
| Trade debts | 44 | €1,523 | €568 | -€955 | -62.7% |
| Suppliers | 440/4 | €1,523 | €568 | -€955 | -62.7% |
| Taxes, remuneration and social security | 45 | €65,546 | €121,067 | +€55,521 | +84.7% |
| Taxes | 450/3 | €65,546 | €121,067 | +€55,521 | +84.7% |
| Other amounts payable | 47/48 | €129 | €421,600 | +€421,471 | +327,509% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | €1,364 | +€1,287 | +1,677% |
| Other operating charges | 640/8 | €1,052 | €3,221 | +€2,169 | +206% |
| Gross operating margin | 9900 | €133,989 | €161,982 | +€27,992 | +20.9% |
| Operating profit (loss) | 9901 | €132,861 | €157,397 | +€24,536 | +18.5% |
| Financial income | 75/76B | €17,164 | €15,153 | -€2,012 | -11.7% |
| Recurring financial income | 75 | €17,164 | €15,153 | -€2,012 | -11.7% |
| Financial charges | 65/66B | €212 | €68 | -€144 | -68.0% |
| Recurring financial charges | 65 | €212 | €68 | -€144 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | €149,813 | €172,482 | +€22,669 | +15.1% |
| Income taxes | 67/77 | €32,943 | €41,053 | +€8,110 | +24.6% |
| Profit (loss) for the period | 9904 | €116,871 | €131,429 | +€14,559 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €116,871 | €131,429 | +€14,559 | +12.5% |
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 22 October 2026 via checked.be.