@CONSILIUM: 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.
@CONSILIUM
Largest movements
- Receivables within one year -€52,546
down €52,546 (-63.4%), from €82,837 to €30,292
of which Other amounts receivable: -€59,249
- Cash -€36,812
down €36,812 (-75.3%), from €48,893 to €12,081
mainly Contributions, distributions and other (-€155,266) and Investment in fixed assets (net) (-€53,740)
- Receivables after one year -€15,625
down €15,625 (-11.9%), from €131,667 to €116,042
- Reserves -€128,922
down €128,922 (-18.1%), from €714,204 to €585,282
of which Distributable reserves: -€128,922
- Other debts +€94,852
up €94,852 (+31.3%), from €303,050 to €397,902
- Current portion of long-term debt -€40,331
down €40,331 (-53.9%), from €74,775 to €34,443
- Debts after one year -€34,272
down €34,272 (-9.7%), from €352,753 to €318,481
- Gross operating margin +€104,851
up €104,851 (+15406.8%), from €681 to €105,532
- Taxes +€11,234
up €11,234 (+1477.4%), from €760 to €11,994
- Financial income -€5,307
down €5,307 (-56.6%), from €9,369 to €4,062
- Financial charges -€1,906
down €1,906 (-15.7%), from €12,149 to €10,243
- Depreciation +€1,384
up €1,384 (+3.0%), from €45,553 to €46,937
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 | €1,456,092 | €1,358,570 | -€97,522 | -6.7% |
| Fixed assets | 21/28 | €1,188,147 | €1,194,951 | +€6,804 | +0.6% |
| Tangible fixed assets | 22/27 | €457,039 | €459,842 | +€2,804 | +0.6% |
| Land and buildings | 22 | €424,251 | €427,862 | +€3,611 | +0.9% |
| Plant, machinery and equipment | 23 | €595 | €901 | +€306 | +51.5% |
| Furniture and vehicles | 24 | €32,193 | €31,079 | -€1,114 | -3.5% |
| Financial fixed assets | 28 | €731,109 | €735,109 | +€4,000 | +0.5% |
| Current assets | 29/58 | €267,945 | €163,619 | -€104,326 | -38.9% |
| Amounts receivable after more than one year | 29 | €131,667 | €116,042 | -€15,625 | -11.9% |
| Other amounts receivable | 291 | €131,667 | €116,042 | -€15,625 | -11.9% |
| Amounts receivable within one year | 40/41 | €82,837 | €30,292 | -€52,546 | -63.4% |
| Trade receivables | 40 | €18,513 | €25,216 | +€6,703 | +36.2% |
| Other amounts receivable | 41 | €64,324 | €5,076 | -€59,249 | -92.1% |
| Cash at bank and in hand | 54/58 | €48,893 | €12,081 | -€36,812 | -75.3% |
| Deferred charges and accrued income | 490/1 | €4,548 | €5,204 | +€656 | +14.4% |
| Total equity and liabilities | 10/49 | €1,456,092 | €1,358,570 | -€97,522 | -6.7% |
| Equity | 10/15 | €710,843 | €591,482 | -€119,361 | -16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €714,204 | €585,282 | -€128,922 | -18.1% |
| Tax-exempt reserves | 132 | €389 | €389 | = | 0.0% |
| Distributable reserves | 133 | €713,815 | €584,893 | -€128,922 | -18.1% |
| Profit (loss) carried forward | 14 | -€9,560 | - | +€9,560 | |
| Amounts payable | 17/49 | €745,249 | €767,088 | +€21,839 | +2.9% |
| Amounts payable after more than one year | 17 | €352,753 | €318,481 | -€34,272 | -9.7% |
| Financial debts | 170/4 | €352,753 | €318,481 | -€34,272 | -9.7% |
| Amounts payable within one year | 42/48 | €392,496 | €447,594 | +€55,098 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €74,775 | €34,443 | -€40,331 | -53.9% |
| Trade debts | 44 | €3,463 | €6,824 | +€3,361 | +97.0% |
| Suppliers | 440/4 | €3,463 | €6,824 | +€3,361 | +97.0% |
| Taxes, remuneration and social security | 45 | €11,208 | €8,425 | -€2,783 | -24.8% |
| Taxes | 450/3 | €11,208 | €8,425 | -€2,783 | -24.8% |
| Other amounts payable | 47/48 | €303,050 | €397,902 | +€94,852 | +31.3% |
| Accrued charges and deferred income | 492/3 | - | €1,012 | +€1,012 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,553 | €46,937 | +€1,384 | +3.0% |
| Other operating charges | 640/8 | €3,236 | €3,710 | +€474 | +14.6% |
| Non-recurring operating charges | 66A | €559 | €805 | +€247 | +44.2% |
| Gross operating margin | 9900 | €681 | €105,532 | +€104,851 | +15406.8% |
| Operating profit (loss) | 9901 | -€48,667 | €54,079 | +€102,747 | |
| Financial income | 75/76B | €9,369 | €4,062 | -€5,307 | -56.6% |
| Recurring financial income | 75 | €9,369 | €4,062 | -€5,307 | -56.6% |
| Financial charges | 65/66B | €12,149 | €10,243 | -€1,906 | -15.7% |
| Recurring financial charges | 65 | €12,149 | €10,243 | -€1,906 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€51,448 | €47,899 | +€99,347 | |
| Income taxes | 67/77 | €760 | €11,994 | +€11,234 | +1477.4% |
| Profit (loss) for the period | 9904 | -€52,208 | €35,904 | +€88,113 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,208 | €35,904 | +€88,113 |
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 11 October 2026 via checked.be.