Constructive Academic Consulting: 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.
Constructive Academic Consulting
Largest movements
- Tangible fixed assets -€9,426
down €9,426 (-33.3%), from €28,294 to €18,867
- Receivables within one year +€3,340
up €3,340 (+101.0%), from €3,306 to €6,646
of which Trade receivables: +€2,818
- Cash -€2,262
down €2,262 (-3.8%), from €59,844 to €57,582
mainly Contributions, distributions and other (-€7,583) and Receivables within one year (-€3,340)
- Reserves -€8,843
down €8,843 (-13.2%), from €67,025 to €58,182
- Tax, wage and social debts +€1,191
up €1,191 (+208.9%), from €570 to €1,761
- Gross operating margin +€3,696
up €3,696 (+52.8%), from €7,001 to €10,696
- Taxes +€766
up €766 (+96.2%), from €797 to €1,563
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 | €91,444 | €83,096 | -€8,348 | -9.1% |
| Fixed assets | 21/28 | €28,294 | €18,867 | -€9,426 | -33.3% |
| Tangible fixed assets | 22/27 | €28,294 | €18,867 | -€9,426 | -33.3% |
| Furniture and vehicles | 24 | €28,294 | €18,867 | -€9,426 | -33.3% |
| Current assets | 29/58 | €63,150 | €64,229 | +€1,078 | +1.7% |
| Amounts receivable within one year | 40/41 | €3,306 | €6,646 | +€3,340 | +101.0% |
| Trade receivables | 40 | €0 | €2,818 | +€2,818 | |
| Other amounts receivable | 41 | €3,306 | €3,829 | +€522 | +15.8% |
| Cash at bank and in hand | 54/58 | €59,844 | €57,582 | -€2,262 | -3.8% |
| Total equity and liabilities | 10/49 | €91,444 | €83,096 | -€8,348 | -9.1% |
| Equity | 10/15 | €90,025 | €81,182 | -€8,843 | -9.8% |
| Contributions | 10/11 | €23,000 | €23,000 | = | 0.0% |
| Reserves | 13 | €67,025 | €58,182 | -€8,843 | -13.2% |
| Distributable reserves | 133 | €67,025 | €58,182 | -€8,843 | -13.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,419 | €1,914 | +€495 | +34.9% |
| Amounts payable within one year | 42/48 | €1,419 | €1,914 | +€495 | +34.9% |
| Trade debts | 44 | €848 | €152 | -€696 | -82.1% |
| Suppliers | 440/4 | €848 | €152 | -€696 | -82.1% |
| Taxes, remuneration and social security | 45 | €570 | €1,761 | +€1,191 | +208.9% |
| Taxes | 450/3 | €570 | €1,761 | +€1,191 | +208.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,426 | €9,426 | = | 0.0% |
| Other operating charges | 640/8 | €1,117 | €1,153 | +€36 | +3.2% |
| Gross operating margin | 9900 | €7,001 | €10,696 | +€3,696 | +52.8% |
| Operating profit (loss) | 9901 | -€3,543 | €117 | +€3,660 | |
| Financial income | 75/76B | €349 | €283 | -€66 | -18.8% |
| Recurring financial income | 75 | €349 | €283 | -€66 | -18.8% |
| Financial charges | 65/66B | €99 | €98 | -€1 | -0.7% |
| Recurring financial charges | 65 | €99 | €98 | -€1 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,293 | €302 | +€3,595 | |
| Income taxes | 67/77 | €797 | €1,563 | +€766 | +96.2% |
| Profit (loss) for the period | 9904 | -€4,090 | -€1,261 | +€2,829 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,090 | -€1,261 | +€2,829 | +69.2% |
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 5 October 2026 via checked.be.