Consulips: 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.
What changed
Consulips
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€76,533
2024 · €87,900-€164,433
Equity
€7.3m
2024 · €7.3m-€76,533
Cash
€172,387
2024 · €311,268-€138,881
Balance sheet total
€7.3m
2024 · €7.8m-€470,265
Largest movements
Assets
- Receivables within one year -€249,376
down €249,376 (-81.2%), from €307,250 to €57,874
of which Trade receivables: -€167,415
- Cash -€138,881
down €138,881 (-44.6%), from €311,268 to €172,387
mainly Other debts (-€168,580) and Trade debts (-€125,808)
Equity and liabilities
- Other debts -€168,580
down €168,580 (-100%), from €168,580 to €0
- Trade debts -€125,808
down €125,808 (-96.8%), from €129,921 to €4,113
Income statement
- Turnover -€156,940
down €156,940 (-22.2%), from €706,780 to €549,840
- Services and other goods -€42,113
down €42,113 (-14.7%), from €287,411 to €245,297
- Financial income -€39,362
down €39,362 (-88.1%), from €44,692 to €5,330
- Staff costs +€22,946
up €22,946 (+8.8%), from €262,020 to €284,966
- Other operating income +€8,426
up €8,426 (+21.0%), from €40,212 to €48,638
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.
Result 2024
€87,900
Turnover
-€156,940
Other operating income
+€8,426
Services and other goods
+€42,113
Staff costs
-€22,946
Depreciation
+€3,292
Other operating charges
+€209
Financial income
-€39,362
Financial charges
+€2,603
Taxes
-€1,829
Result 2025
-€76,533
raises the resultlowers the result
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.
From operations
-€155,125
Investment
+€44,952
Financing
-€28,708
Cash 2024
€311,268
From operations (derived)
-€155,125
Net result for the year
-€76,533
Depreciation
+€34,891
Receivables within one year
+€249,376
Deferred charges and accrued income
+€2,165
Trade debts
-€125,808
Tax, wage and social debts
-€70,536
Other debts
-€168,580
Accrued charges and deferred income
-€100
Investment (derived)
+€44,952
Investment in fixed assets (net)
+€48,614
Current investments
-€3,662
Financing
-€28,708
Current portion of long-term debt
-€27,817
Short-term financial debts
-€891
Cash 2025
€172,387
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,812,500 | €7,342,235 | -€470,265 | -6.0% |
| Fixed assets | 21/28 | €7,130,770 | €7,047,266 | -€83,505 | -1.2% |
| Tangible fixed assets | 22/27 | €40,550 | €5,659 | -€34,891 | -86.0% |
| Plant, machinery and equipment | 23 | €1,741 | €721 | -€1,020 | -58.6% |
| Furniture and vehicles | 24 | €9,738 | €4,937 | -€4,801 | -49.3% |
| Leasing and similar rights | 25 | €29,071 | €1 | -€29,070 | -100.0% |
| Financial fixed assets | 28 | €7,090,221 | €7,041,607 | -€48,614 | -0.7% |
| Affiliated companies | 280/1 | €7,034,826 | €7,034,826 | = | 0.0% |
| Participating interests | 280 | €7,034,826 | €7,034,826 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €55,394 | €6,780 | -€48,614 | -87.8% |
| Participating interests | 282 | €55,394 | €6,780 | -€48,614 | -87.8% |
| Current assets | 29/58 | €681,729 | €294,969 | -€386,760 | -56.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €307,250 | €57,874 | -€249,376 | -81.2% |
| Trade receivables | 40 | €219,387 | €51,972 | -€167,415 | -76.3% |
| Other amounts receivable | 41 | €87,863 | €5,902 | -€81,962 | -93.3% |
| Current investments | 50/53 | €45,374 | €49,036 | +€3,662 | +8.1% |
| Other investments | 51/53 | €45,374 | €49,036 | +€3,662 | +8.1% |
| Cash at bank and in hand | 54/58 | €311,268 | €172,387 | -€138,881 | -44.6% |
| Deferred charges and accrued income | 490/1 | €17,837 | €15,672 | -€2,165 | -12.1% |
| Total equity and liabilities | 10/49 | €7,812,500 | €7,342,235 | -€470,265 | -6.0% |
| Equity | 10/15 | €7,349,280 | €7,272,747 | -€76,533 | -1.0% |
| Contributions | 10/11 | €6,807,908 | €6,807,908 | = | 0.0% |
| Reserves | 13 | €541,372 | €464,839 | -€76,533 | -14.1% |
| Distributable reserves | 133 | €541,372 | €464,839 | -€76,533 | -14.1% |
| Amounts payable | 17/49 | €463,220 | €69,488 | -€393,732 | -85.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €463,120 | €69,488 | -€393,632 | -85.0% |
| Current portion of amounts payable after more than one year | 42 | €27,817 | €0 | -€27,817 | -100% |
| Financial debts | 43 | €18,507 | €17,616 | -€891 | -4.8% |
| Credit institutions | 430/8 | €18,507 | €17,616 | -€891 | -4.8% |
| Trade debts | 44 | €129,921 | €4,113 | -€125,808 | -96.8% |
| Suppliers | 440/4 | €129,921 | €4,113 | -€125,808 | -96.8% |
| Taxes, remuneration and social security | 45 | €118,295 | €47,759 | -€70,536 | -59.6% |
| Taxes | 450/3 | €60,553 | €3,186 | -€57,368 | -94.7% |
| Remuneration and social security | 454/9 | €57,742 | €44,573 | -€13,168 | -22.8% |
| Other amounts payable | 47/48 | €168,580 | €0 | -€168,580 | -100% |
| Accrued charges and deferred income | 492/3 | €100 | €0 | -€100 | -100% |
| Operating income | 70/76A | €746,992 | €598,478 | -€148,514 | -19.9% |
| Turnover | 70 | €706,780 | €549,840 | -€156,940 | -22.2% |
| Other operating income | 74 | €40,212 | €48,638 | +€8,426 | +21.0% |
| Operating charges | 60/66A | €592,750 | €570,081 | -€22,669 | -3.8% |
| Services and other goods | 61 | €287,411 | €245,297 | -€42,113 | -14.7% |
| Remuneration, social security and pensions | 62 | €262,020 | €284,966 | +€22,946 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,183 | €34,891 | -€3,292 | -8.6% |
| Other operating charges | 640/8 | €5,136 | €4,927 | -€209 | -4.1% |
| Operating profit (loss) | 9901 | €154,242 | €28,397 | -€125,845 | -81.6% |
| Financial income | 75/76B | €44,692 | €5,330 | -€39,362 | -88.1% |
| Recurring financial income | 75 | €44,692 | €5,330 | -€39,362 | -88.1% |
| Income from financial fixed assets | 750 | €4,659 | €5,235 | +€576 | +12.4% |
| Other financial income | 752/9 | €40,033 | €95 | -€39,938 | -99.8% |
| Financial charges | 65/66B | €54,931 | €52,328 | -€2,603 | -4.7% |
| Recurring financial charges | 65 | €10,325 | €3,714 | -€6,611 | -64.0% |
| Debt charges | 650 | €5,278 | €2,730 | -€2,548 | -48.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | - | = | |
| Other financial charges | 652/9 | €5,047 | €984 | -€4,063 | -80.5% |
| Non-recurring financial charges | 66B | €44,606 | €48,614 | +€4,008 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €144,003 | -€18,601 | -€162,604 | |
| Income taxes | 67/77 | €56,103 | €57,932 | +€1,829 | +3.3% |
| Taxes | 670/3 | €56,103 | €57,932 | +€1,829 | +3.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €87,900 | -€76,533 | -€164,433 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,900 | -€76,533 | -€164,433 |
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 25 October 2026 via checked.be.