CONSONANT: 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.
CONSONANT
Largest movements
- Current investments -€235,008
down €235,008 (-70.1%), from €335,009 to €100,000
- Cash +€230,222
up €230,222 (+77.1%), from €298,758 to €528,979
mainly Current investments (+€235,008) and Net result for the year (+€3,406)
- Receivables within one year +€6,685
up €6,685 (+951.0%), from €703 to €7,388
of which Other amounts receivable: +€4,170
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€75,173
down €75,173, from €64,575 to -€10,599
- Taxes -€22,187
down €22,187 (-93.8%), from €23,661 to €1,474
- Financial income +€5,649
up €5,649 (+48.4%), from €11,664 to €17,313
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 | €637,813 | €638,540 | +€727 | +0.1% |
| Fixed assets | 21/28 | €2,025 | €729 | -€1,297 | -64.0% |
| Tangible fixed assets | 22/27 | €2,025 | €729 | -€1,297 | -64.0% |
| Plant, machinery and equipment | 23 | €2,025 | €729 | -€1,297 | -64.0% |
| Current assets | 29/58 | €635,788 | €637,811 | +€2,023 | +0.3% |
| Amounts receivable within one year | 40/41 | €703 | €7,388 | +€6,685 | +951.0% |
| Trade receivables | 40 | €384 | €2,899 | +€2,515 | +655.7% |
| Other amounts receivable | 41 | €319 | €4,489 | +€4,170 | +1305.6% |
| Current investments | 50/53 | €335,009 | €100,000 | -€235,008 | -70.1% |
| Cash at bank and in hand | 54/58 | €298,758 | €528,979 | +€230,222 | +77.1% |
| Deferred charges and accrued income | 490/1 | €1,319 | €1,443 | +€125 | +9.5% |
| Total equity and liabilities | 10/49 | €637,813 | €638,540 | +€727 | +0.1% |
| Equity | 10/15 | €630,280 | €633,686 | +€3,406 | +0.5% |
| Contributions | 10/11 | €217,405 | €217,405 | = | 0.0% |
| Reserves | 13 | €412,875 | €416,281 | +€3,406 | +0.8% |
| Distributable reserves | 133 | €412,875 | €416,281 | +€3,406 | +0.8% |
| Amounts payable | 17/49 | €7,533 | €4,854 | -€2,679 | -35.6% |
| Amounts payable within one year | 42/48 | €7,533 | €4,854 | -€2,679 | -35.6% |
| Trade debts | 44 | €102 | - | -€102 | |
| Suppliers | 440/4 | €102 | - | -€102 | |
| Taxes, remuneration and social security | 45 | €3,235 | €4,854 | +€1,619 | +50.1% |
| Taxes | 450/3 | €3,235 | €4,854 | +€1,619 | +50.1% |
| Other amounts payable | 47/48 | €4,197 | - | -€4,197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,699 | €1,297 | -€402 | -23.7% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €64,575 | -€10,599 | -€75,173 | |
| Operating profit (loss) | 9901 | €62,425 | -€12,360 | -€74,785 | |
| Financial income | 75/76B | €11,664 | €17,313 | +€5,649 | +48.4% |
| Recurring financial income | 75 | €11,664 | €17,313 | +€5,649 | +48.4% |
| Financial charges | 65/66B | €75 | €72 | -€3 | -3.8% |
| Recurring financial charges | 65 | €75 | €72 | -€3 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €74,014 | €4,880 | -€69,134 | -93.4% |
| Income taxes | 67/77 | €23,661 | €1,474 | -€22,187 | -93.8% |
| Profit (loss) for the period | 9904 | €50,352 | €3,406 | -€46,947 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,352 | €3,406 | -€46,947 | -93.2% |
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 6 October 2026 via checked.be.