Consell: 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.
Consell
Largest movements
- Current investments +€101,492
up €101,492 (+109.4%), from €92,796 to €194,288
- Cash -€76,010
down €76,010 (-57.4%), from €132,436 to €56,426
mainly Current investments (-€101,492) and Contributions, distributions and other (-€94,737)
- Tangible fixed assets -€18,072
down €18,072 (-24.4%), from €74,196 to €56,124
- Other debts +€39,088
up €39,088 (+832.7%), from €4,694 to €43,782
- Reserves -€31,273
down €31,273 (-9.5%), from €327,874 to €296,601
- Trade debts +€22,832
up €22,832 (+991.4%), from €2,303 to €25,135
- Tax, wage and social debts -€22,431
down €22,431 (-40.6%), from €55,284 to €32,853
of which Taxes: -€19,994
- Gross operating margin -€9,474
down €9,474 (-7.6%), from €124,781 to €115,307
- Taxes +€4,319
up €4,319 (+13.2%), from €32,674 to €36,993
- Financial income +€1,540
up €1,540 (+31.6%), from €4,878 to €6,418
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 | €396,457 | €404,743 | +€8,286 | +2.1% |
| Fixed assets | 21/28 | €80,996 | €62,924 | -€18,072 | -22.3% |
| Tangible fixed assets | 22/27 | €74,196 | €56,124 | -€18,072 | -24.4% |
| Plant, machinery and equipment | 23 | €3,838 | €2,457 | -€1,381 | -36.0% |
| Furniture and vehicles | 24 | €12,511 | €3,687 | -€8,824 | -70.5% |
| Other tangible fixed assets | 26 | €57,847 | €49,980 | -€7,867 | -13.6% |
| Financial fixed assets | 28 | €6,800 | €6,800 | = | 0.0% |
| Current assets | 29/58 | €315,461 | €341,819 | +€26,358 | +8.4% |
| Amounts receivable within one year | 40/41 | €89,043 | €90,429 | +€1,386 | +1.6% |
| Trade receivables | 40 | €89,043 | €90,429 | +€1,386 | +1.6% |
| Current investments | 50/53 | €92,796 | €194,288 | +€101,492 | +109.4% |
| Cash at bank and in hand | 54/58 | €132,436 | €56,426 | -€76,010 | -57.4% |
| Deferred charges and accrued income | 490/1 | €1,186 | €676 | -€510 | -43.0% |
| Total equity and liabilities | 10/49 | €396,457 | €404,743 | +€8,286 | +2.1% |
| Equity | 10/15 | €334,074 | €302,801 | -€31,273 | -9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €327,874 | €296,601 | -€31,273 | -9.5% |
| Distributable reserves | 133 | €327,874 | €296,601 | -€31,273 | -9.5% |
| Amounts payable | 17/49 | €62,383 | €101,942 | +€39,559 | +63.4% |
| Amounts payable within one year | 42/48 | €62,281 | €101,770 | +€39,489 | +63.4% |
| Trade debts | 44 | €2,303 | €25,135 | +€22,832 | +991.4% |
| Suppliers | 440/4 | €2,303 | €25,135 | +€22,832 | +991.4% |
| Taxes, remuneration and social security | 45 | €55,284 | €32,853 | -€22,431 | -40.6% |
| Taxes | 450/3 | €52,847 | €32,853 | -€19,994 | -37.8% |
| Remuneration and social security | 454/9 | €2,437 | - | -€2,437 | |
| Other amounts payable | 47/48 | €4,694 | €43,782 | +€39,088 | +832.7% |
| Accrued charges and deferred income | 492/3 | €102 | €172 | +€70 | +68.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,752 | €18,600 | -€152 | -0.8% |
| Other operating charges | 640/8 | €2,736 | €2,568 | -€168 | -6.1% |
| Gross operating margin | 9900 | €124,781 | €115,307 | -€9,474 | -7.6% |
| Operating profit (loss) | 9901 | €103,293 | €94,139 | -€9,154 | -8.9% |
| Financial income | 75/76B | €4,878 | €6,418 | +€1,540 | +31.6% |
| Recurring financial income | 75 | €4,878 | €6,418 | +€1,540 | +31.6% |
| Financial charges | 65/66B | €95 | €100 | +€5 | +5.3% |
| Recurring financial charges | 65 | €95 | €100 | +€5 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €108,076 | €100,457 | -€7,619 | -7.0% |
| Income taxes | 67/77 | €32,674 | €36,993 | +€4,319 | +13.2% |
| Profit (loss) for the period | 9904 | €75,402 | €63,464 | -€11,938 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,402 | €63,464 | -€11,938 | -15.8% |
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 10 October 2026 via checked.be.