CONSENT: what changed
Two fiscal 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.
CONSENT
Largest movements
- Cash -€94,841
down €94,841 (-54.7%), from €173,279 to €78,438
mainly Other debts (-€108,002) and Tax, wage and social debts (-€5,481)
- Receivables within one year -€3,823
down €3,823 (-99.7%), from €3,833 to €10
of which Trade receivables: -€3,833
- Other debts -€108,002
down €108,002 (-96.8%), from €111,530 to €3,528
- Reserves +€14,282
up €14,282 (+11.1%), from €129,232 to €143,514
of which Distributable reserves: +€14,282
- Tax, wage and social debts -€5,481
down €5,481 (-84.0%), from €6,523 to €1,042
- Gross operating margin +€1,542
up €1,542 (+7.7%), from €20,114 to €21,656
- Taxes +€306
up €306 (+4.9%), from €6,254 to €6,559
- Financial income -€227
down €227 (-85.8%), from €264 to €38
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 | €267,156 | €168,492 | -€98,664 | -36.9% |
| Fixed assets | 21/28 | €90,045 | €90,045 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,761 | €5,761 | = | 0.0% |
| Land and buildings | 22 | €5,761 | €5,761 | = | 0.0% |
| Financial fixed assets | 28 | €84,284 | €84,284 | = | 0.0% |
| Current assets | 29/58 | €177,112 | €78,448 | -€98,664 | -55.7% |
| Amounts receivable within one year | 40/41 | €3,833 | €10 | -€3,823 | -99.7% |
| Trade receivables | 40 | €3,833 | €0 | -€3,833 | -100.0% |
| Other amounts receivable | 41 | €0 | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €173,279 | €78,438 | -€94,841 | -54.7% |
| Total equity and liabilities | 10/49 | €267,156 | €168,492 | -€98,664 | -36.9% |
| Equity | 10/15 | €148,274 | €162,557 | +€14,282 | +9.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €129,232 | €143,514 | +€14,282 | +11.1% |
| Non-distributable reserves | 130/1 | €5,730 | €5,730 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,730 | €5,730 | = | 0.0% |
| Distributable reserves | 133 | €123,502 | €137,784 | +€14,282 | +11.6% |
| Profit (loss) carried forward | 14 | €492 | €492 | = | 0.0% |
| Amounts payable | 17/49 | €118,882 | €5,935 | -€112,947 | -95.0% |
| Amounts payable within one year | 42/48 | €118,882 | €5,935 | -€112,947 | -95.0% |
| Trade debts | 44 | €829 | €1,365 | +€536 | +64.6% |
| Suppliers | 440/4 | €829 | €1,365 | +€536 | +64.6% |
| Taxes, remuneration and social security | 45 | €6,523 | €1,042 | -€5,481 | -84.0% |
| Taxes | 450/3 | €6,523 | €1,042 | -€5,481 | -84.0% |
| Other amounts payable | 47/48 | €111,530 | €3,528 | -€108,002 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €20,114 | €21,656 | +€1,542 | +7.7% |
| Operating profit (loss) | 9901 | €19,609 | €21,137 | +€1,528 | +7.8% |
| Financial income | 75/76B | €264 | €38 | -€227 | -85.8% |
| Recurring financial income | 75 | €264 | €38 | -€227 | -85.8% |
| Financial charges | 65/66B | €446 | €332 | -€113 | -25.4% |
| Recurring financial charges | 65 | €446 | €332 | -€113 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €19,428 | €20,842 | +€1,414 | +7.3% |
| Income taxes | 67/77 | €6,254 | €6,559 | +€306 | +4.9% |
| Profit (loss) for the period | 9904 | €13,174 | €14,282 | +€1,108 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,174 | €14,282 | +€1,108 | +8.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.