CONSUL PROJECTONTWIKKELING: 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.
CONSUL PROJECTONTWIKKELING
Largest movements
- Receivables after one year -€431,303
down €431,303 (-100%), from €431,303 to €0
- Cash -€170,063
down €170,063 (-73.0%), from €232,904 to €62,841
mainly Net result for the year (-€411,981) and Other debts (-€141,821)
- Receivables within one year +€98,374
up €98,374 (+82.6%), from €119,162 to €217,536
of which Trade receivables: +€98,532
- Deferred charges and accrued income -€60,091
down €60,091 (-86.5%), from €69,507 to €9,416
- Reserves -€411,981
down €411,981 (-45.4%), from €907,529 to €495,548
of which Distributable reserves: -€411,981
- Other debts -€141,821
down €141,821 (-43.9%), from €323,414 to €181,593
- Financial charges +€358,047
up €358,047 (+464%), from €77,184 to €435,231
of which Non-recurring financial charges: +€358,116
- Gross operating margin +€24,556
up €24,556 (+988%), from €2,485 to €27,041
- Financial income -€4,667
down €4,667 (-96.5%), from €4,837 to €170
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 | €1,504,472 | €939,741 | -€564,731 | -37.5% |
| Fixed assets | 21/28 | €28,867 | €27,219 | -€1,648 | -5.7% |
| Tangible fixed assets | 22/27 | €16,867 | €15,219 | -€1,648 | -9.8% |
| Land and buildings | 22 | €16,623 | €15,097 | -€1,525 | -9.2% |
| Other tangible fixed assets | 26 | €244 | €122 | -€122 | -50.0% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €1,475,605 | €912,522 | -€563,084 | -38.2% |
| Amounts receivable after more than one year | 29 | €431,303 | €0 | -€431,303 | -100% |
| Other amounts receivable | 291 | €431,303 | €0 | -€431,303 | -100% |
| Stocks and contracts in progress | 3 | €622,729 | €622,729 | = | 0.0% |
| Stocks | 30/36 | €622,729 | €622,729 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €119,162 | €217,536 | +€98,374 | +82.6% |
| Trade receivables | 40 | €70,438 | €168,970 | +€98,532 | +140% |
| Other amounts receivable | 41 | €48,725 | €48,566 | -€159 | -0.3% |
| Cash at bank and in hand | 54/58 | €232,904 | €62,841 | -€170,063 | -73.0% |
| Deferred charges and accrued income | 490/1 | €69,507 | €9,416 | -€60,091 | -86.5% |
| Total equity and liabilities | 10/49 | €1,504,472 | €939,741 | -€564,731 | -37.5% |
| Equity | 10/15 | €944,729 | €532,748 | -€411,981 | -43.6% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €907,529 | €495,548 | -€411,981 | -45.4% |
| Non-distributable reserves | 130/1 | €2,593 | €2,593 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,593 | €2,593 | = | 0.0% |
| Distributable reserves | 133 | €904,936 | €492,955 | -€411,981 | -45.5% |
| Amounts payable | 17/49 | €559,743 | €406,992 | -€152,751 | -27.3% |
| Amounts payable after more than one year | 17 | €222,361 | €210,427 | -€11,934 | -5.4% |
| Financial debts | 170/4 | €222,361 | €210,427 | -€11,934 | -5.4% |
| Amounts payable within one year | 42/48 | €337,382 | €196,566 | -€140,816 | -41.7% |
| Current portion of amounts payable after more than one year | 42 | €11,745 | €11,934 | +€189 | +1.6% |
| Financial debts | 43 | €4 | €82 | +€78 | +2,089% |
| Credit institutions | 430/8 | €4 | €82 | +€78 | +2,089% |
| Trade debts | 44 | €942 | €2,957 | +€2,015 | +214% |
| Suppliers | 440/4 | €942 | €2,957 | +€2,015 | +214% |
| Taxes, remuneration and social security | 45 | €1,278 | €0 | -€1,278 | -100% |
| Taxes | 450/3 | €1,278 | €0 | -€1,278 | -100% |
| Other amounts payable | 47/48 | €323,414 | €181,593 | -€141,821 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,648 | €1,648 | = | 0.0% |
| Other operating charges | 640/8 | €2,224 | €2,299 | +€75 | +3.4% |
| Gross operating margin | 9900 | €2,485 | €27,041 | +€24,556 | +988% |
| Operating profit (loss) | 9901 | -€1,386 | €23,094 | +€24,480 | |
| Financial income | 75/76B | €4,837 | €170 | -€4,667 | -96.5% |
| Recurring financial income | 75 | €4,837 | €170 | -€4,667 | -96.5% |
| Financial charges | 65/66B | €77,184 | €435,231 | +€358,047 | +464% |
| Recurring financial charges | 65 | €3,997 | €3,928 | -€69 | -1.7% |
| Non-recurring financial charges | 66B | €73,187 | €431,303 | +€358,116 | +489% |
| Profit (loss) for the period before taxes | 9903 | -€73,733 | -€411,967 | -€338,233 | -459% |
| Income taxes | 67/77 | €9 | €14 | +€5 | +55.1% |
| Profit (loss) for the period | 9904 | -€73,742 | -€411,981 | -€338,238 | -459% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,742 | -€411,981 | -€338,238 | -459% |
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 14 October 2026 via checked.be.