Consolution: 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.
Consolution
Largest movements
- Cash +€28,534
up €28,534 (+33.5%), from €85,154 to €113,688
mainly Net result for the year (+€107,552) and Other debts (+€32,907)
- Tangible fixed assets -€15,071
down €15,071 (-34.8%), from €43,343 to €28,272
of which Furniture and vehicles: -€16,673
- Receivables within one year +€6,530
up €6,530 (+14.1%), from €46,234 to €52,764
of which Other amounts receivable: +€5,484
- Other debts +€32,907
up €32,907 (+24.6%), from €133,873 to €166,780
- Tax, wage and social debts -€10,288
down €10,288 (-54.6%), from €18,834 to €8,547
- Reserves -€3,970
down €3,970 (-100.0%), from €3,970 to €0
- Trade debts +€2,610
up €2,610 (+259.3%), from €1,007 to €3,617
- Gross operating margin +€18,206
up €18,206 (+13.1%), from €138,565 to €156,771
- Taxes +€4,570
up €4,570 (+17.6%), from €25,983 to €30,553
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 | €176,284 | €197,543 | +€21,260 | +12.1% |
| Fixed assets | 21/28 | €44,093 | €29,022 | -€15,071 | -34.2% |
| Tangible fixed assets | 22/27 | €43,343 | €28,272 | -€15,071 | -34.8% |
| Plant, machinery and equipment | 23 | €515 | €2,116 | +€1,602 | +311.3% |
| Furniture and vehicles | 24 | €42,829 | €26,156 | -€16,673 | -38.9% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €132,191 | €168,522 | +€36,331 | +27.5% |
| Amounts receivable within one year | 40/41 | €46,234 | €52,764 | +€6,530 | +14.1% |
| Trade receivables | 40 | €45,254 | €46,300 | +€1,046 | +2.3% |
| Other amounts receivable | 41 | €980 | €6,464 | +€5,484 | +559.4% |
| Cash at bank and in hand | 54/58 | €85,154 | €113,688 | +€28,534 | +33.5% |
| Deferred charges and accrued income | 490/1 | €802 | €2,069 | +€1,267 | +157.9% |
| Total equity and liabilities | 10/49 | €176,284 | €197,543 | +€21,260 | +12.1% |
| Equity | 10/15 | €22,570 | €18,600 | -€3,970 | -17.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,970 | €0 | -€3,970 | -100.0% |
| Distributable reserves | 133 | €3,970 | €0 | -€3,970 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €153,714 | €178,943 | +€25,230 | +16.4% |
| Amounts payable within one year | 42/48 | €153,714 | €178,943 | +€25,230 | +16.4% |
| Trade debts | 44 | €1,007 | €3,617 | +€2,610 | +259.3% |
| Suppliers | 440/4 | €1,007 | €3,617 | +€2,610 | +259.3% |
| Taxes, remuneration and social security | 45 | €18,834 | €8,547 | -€10,288 | -54.6% |
| Taxes | 450/3 | €18,834 | €8,547 | -€10,288 | -54.6% |
| Other amounts payable | 47/48 | €133,873 | €166,780 | +€32,907 | +24.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,358 | €16,994 | -€364 | -2.1% |
| Other operating charges | 640/8 | €1,327 | €1,634 | +€307 | +23.1% |
| Gross operating margin | 9900 | €138,565 | €156,771 | +€18,206 | +13.1% |
| Operating profit (loss) | 9901 | €119,880 | €138,144 | +€18,264 | +15.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €40 | €40 | +€1 | +2.1% |
| Recurring financial charges | 65 | €40 | €40 | +€1 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €119,841 | €138,104 | +€18,263 | +15.2% |
| Income taxes | 67/77 | €25,983 | €30,553 | +€4,570 | +17.6% |
| Profit (loss) for the period | 9904 | €93,858 | €107,552 | +€13,694 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €93,858 | €107,552 | +€13,694 | +14.6% |
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 1 October 2026 via checked.be.