CONSENSUM: 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.
CONSENSUM
Largest movements
- Current investments +€90,000
up €90,000 (+69.2%), from €130,000 to €220,000
- Cash +€47,771
up €47,771 (+41.9%), from €114,055 to €161,825
mainly Net result for the year (+€118,665) and Receivables within one year (+€32,154)
- Receivables within one year -€32,154
down €32,154 (-51.8%), from €62,020 to €29,865
of which Trade receivables: -€32,159
- Reserves +€118,665
up €118,665 (+52.5%), from €226,030 to €344,694
- Tax, wage and social debts -€10,168
down €10,168 (-10.2%), from €99,840 to €89,672
- Trade debts -€4,511
down €4,511 (-88.6%), from €5,090 to €579
- Gross operating margin +€40,100
up €40,100 (+28.6%), from €140,394 to €180,494
- Taxes +€16,817
up €16,817 (+38.3%), from €43,960 to €60,777
- Depreciation +€6,234
up €6,234 (+1160.3%), from €537 to €6,771
- Financial income +€4,480
up €4,480 (+160.6%), from €2,789 to €7,269
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 | €337,376 | €438,599 | +€101,222 | +30.0% |
| Fixed assets | 21/28 | €29,840 | €25,983 | -€3,856 | -12.9% |
| Tangible fixed assets | 22/27 | €29,840 | €25,983 | -€3,856 | -12.9% |
| Plant, machinery and equipment | 23 | €797 | €267 | -€531 | -66.6% |
| Furniture and vehicles | 24 | €29,043 | €25,717 | -€3,326 | -11.5% |
| Current assets | 29/58 | €307,537 | €412,615 | +€105,079 | +34.2% |
| Amounts receivable within one year | 40/41 | €62,020 | €29,865 | -€32,154 | -51.8% |
| Trade receivables | 40 | €62,020 | €29,861 | -€32,159 | -51.9% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Current investments | 50/53 | €130,000 | €220,000 | +€90,000 | +69.2% |
| Cash at bank and in hand | 54/58 | €114,055 | €161,825 | +€47,771 | +41.9% |
| Deferred charges and accrued income | 490/1 | €1,463 | €925 | -€537 | -36.7% |
| Total equity and liabilities | 10/49 | €337,376 | €438,599 | +€101,222 | +30.0% |
| Equity | 10/15 | €227,030 | €345,694 | +€118,665 | +52.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €226,030 | €344,694 | +€118,665 | +52.5% |
| Distributable reserves | 133 | €226,030 | €344,694 | +€118,665 | +52.5% |
| Amounts payable | 17/49 | €110,347 | €92,904 | -€17,442 | -15.8% |
| Amounts payable within one year | 42/48 | €110,347 | €92,904 | -€17,442 | -15.8% |
| Trade debts | 44 | €5,090 | €579 | -€4,511 | -88.6% |
| Suppliers | 440/4 | €5,090 | €579 | -€4,511 | -88.6% |
| Taxes, remuneration and social security | 45 | €99,840 | €89,672 | -€10,168 | -10.2% |
| Taxes | 450/3 | €99,840 | €89,672 | -€10,168 | -10.2% |
| Other amounts payable | 47/48 | €5,417 | €2,654 | -€2,763 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €537 | €6,771 | +€6,234 | +1160.3% |
| Other operating charges | 640/8 | €389 | €477 | +€88 | +22.6% |
| Gross operating margin | 9900 | €140,394 | €180,494 | +€40,100 | +28.6% |
| Operating profit (loss) | 9901 | €139,467 | €173,245 | +€33,778 | +24.2% |
| Financial income | 75/76B | €2,789 | €7,269 | +€4,480 | +160.6% |
| Recurring financial income | 75 | €2,789 | €7,269 | +€4,480 | +160.6% |
| Financial charges | 65/66B | €139 | €1,072 | +€933 | +670.8% |
| Recurring financial charges | 65 | €139 | €1,072 | +€933 | +670.8% |
| Profit (loss) for the period before taxes | 9903 | €142,117 | €179,442 | +€37,325 | +26.3% |
| Income taxes | 67/77 | €43,960 | €60,777 | +€16,817 | +38.3% |
| Profit (loss) for the period | 9904 | €98,157 | €118,665 | +€20,508 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €98,157 | €118,665 | +€20,508 | +20.9% |
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.