CONSORTIO MANAGEMENT: 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.
CONSORTIO MANAGEMENT
Largest movements
- Cash +€47,906
up €47,906 (+123%), from €38,908 to €86,814
mainly Net result for the year (+€56,926) and Trade debts (+€4,102)
- Receivables within one year +€13,556
up €13,556 (+24.8%), from €54,725 to €68,281
of which Trade receivables: +€7,556
- Reserves +€56,926
up €56,926 (+98.7%), from €57,653 to €114,578
- Trade debts +€4,102
up €4,102 (+818%), from €502 to €4,604
- Tax, wage and social debts +€3,496
up €3,496 (+11.0%), from €31,750 to €35,246
- Other debts -€2,395
down €2,395 (-92.1%), from €2,600 to €205
- Gross operating margin +€5,307
up €5,307 (+6.6%), from €80,585 to €85,892
- Taxes +€2,334
up €2,334 (+10.4%), from €22,486 to €24,820
- Other operating charges +€2,233
up €2,233 (+1,083%), from €206 to €2,439
- Financial charges +€1,343
up €1,343 (+23,040%), from €6 to €1,349
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.
Derived cash bridge
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 | €94,505 | €156,634 | +€62,129 | +65.7% |
| Fixed assets | 21/28 | €871 | €503 | -€369 | -42.3% |
| Tangible fixed assets | 22/27 | €871 | €503 | -€369 | -42.3% |
| Furniture and vehicles | 24 | €871 | €503 | -€369 | -42.3% |
| Current assets | 29/58 | €93,633 | €156,131 | +€62,498 | +66.7% |
| Amounts receivable within one year | 40/41 | €54,725 | €68,281 | +€13,556 | +24.8% |
| Trade receivables | 40 | €18,725 | €26,281 | +€7,556 | +40.4% |
| Other amounts receivable | 41 | €36,000 | €42,000 | +€6,000 | +16.7% |
| Cash at bank and in hand | 54/58 | €38,908 | €86,814 | +€47,906 | +123% |
| Deferred charges and accrued income | 490/1 | - | €1,035 | +€1,035 | |
| Total equity and liabilities | 10/49 | €94,505 | €156,634 | +€62,129 | +65.7% |
| Equity | 10/15 | €59,653 | €116,578 | +€56,926 | +95.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €57,653 | €114,578 | +€56,926 | +98.7% |
| Distributable reserves | 133 | €57,653 | €114,578 | +€56,926 | +98.7% |
| Amounts payable | 17/49 | €34,852 | €40,055 | +€5,203 | +14.9% |
| Amounts payable within one year | 42/48 | €34,852 | €40,055 | +€5,203 | +14.9% |
| Trade debts | 44 | €502 | €4,604 | +€4,102 | +818% |
| Suppliers | 440/4 | €502 | €4,604 | +€4,102 | +818% |
| Taxes, remuneration and social security | 45 | €31,750 | €35,246 | +€3,496 | +11.0% |
| Taxes | 450/3 | €31,750 | €35,246 | +€3,496 | +11.0% |
| Other amounts payable | 47/48 | €2,600 | €205 | -€2,395 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234 | €369 | +€134 | +57.3% |
| Other operating charges | 640/8 | €206 | €2,439 | +€2,233 | +1,083% |
| Gross operating margin | 9900 | €80,585 | €85,892 | +€5,307 | +6.6% |
| Operating profit (loss) | 9901 | €80,145 | €83,085 | +€2,940 | +3.7% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €6 | €1,349 | +€1,343 | +23,040% |
| Recurring financial charges | 65 | €6 | €1,349 | +€1,343 | +23,040% |
| Profit (loss) for the period before taxes | 9903 | €80,139 | €81,746 | +€1,607 | +2.0% |
| Income taxes | 67/77 | €22,486 | €24,820 | +€2,334 | +10.4% |
| Profit (loss) for the period | 9904 | €57,653 | €56,926 | -€727 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,653 | €56,926 | -€727 | -1.3% |
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 20 October 2026 via checked.be.