CONSULT J: 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.
CONSULT J
Largest movements
- Deferred charges and accrued income +€264,405
up €264,405 (+14107.2%), from €1,874 to €266,279
- Cash -€65,256
down €65,256 (-64.7%), from €100,862 to €35,605
mainly Debts after one year (-€565,000) and Deferred charges and accrued income (-€264,405)
- Reserves +€677,248
up €677,248 (+38.3%), from €1.8m to €2.4m
- Debts after one year -€565,000
down €565,000 (-14.0%), from €4.1m to €3.5m
- Accrued charges and deferred income +€125,264
up €125,264 (+1195.3%), from €10,479 to €135,743
- Financial income +€365,000
up €365,000 (+121.7%), from €300,000 to €665,000
- Financial charges +€123,400
up €123,400 (+457.7%), from €26,959 to €150,359
- Taxes -€29,798
down €29,798 (-84.8%), from €35,149 to €5,351
- Gross operating margin -€6,552
down €6,552 (-3.6%), from €181,509 to €174,958
- Other operating charges +€3,412
up €3,412 (+549.2%), from €621 to €4,033
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 | €6,115,987 | €6,354,914 | +€238,927 | +3.9% |
| Fixed assets | 21/28 | €5,975,000 | €6,008,380 | +€33,380 | +0.6% |
| Tangible fixed assets | 22/27 | - | €33,380 | +€33,380 | |
| Furniture and vehicles | 24 | - | €33,380 | +€33,380 | |
| Financial fixed assets | 28 | €5,975,000 | €5,975,000 | = | 0.0% |
| Current assets | 29/58 | €140,987 | €346,534 | +€205,547 | +145.8% |
| Amounts receivable within one year | 40/41 | €38,251 | €44,649 | +€6,398 | +16.7% |
| Trade receivables | 40 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 41 | €18,251 | €24,649 | +€6,398 | +35.1% |
| Cash at bank and in hand | 54/58 | €100,862 | €35,605 | -€65,256 | -64.7% |
| Deferred charges and accrued income | 490/1 | €1,874 | €266,279 | +€264,405 | +14107.2% |
| Total equity and liabilities | 10/49 | €6,115,987 | €6,354,914 | +€238,927 | +3.9% |
| Equity | 10/15 | €1,787,763 | €2,465,011 | +€677,248 | +37.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,768,776 | €2,446,024 | +€677,248 | +38.3% |
| Distributable reserves | 133 | €1,768,776 | €2,446,024 | +€677,248 | +38.3% |
| Profit (loss) carried forward | 14 | €387 | €387 | = | 0.0% |
| Amounts payable | 17/49 | €4,328,224 | €3,889,903 | -€438,321 | -10.1% |
| Amounts payable after more than one year | 17 | €4,050,000 | €3,485,000 | -€565,000 | -14.0% |
| Financial debts | 170/4 | €4,050,000 | €3,485,000 | -€565,000 | -14.0% |
| Amounts payable within one year | 42/48 | €267,744 | €269,159 | +€1,415 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €1,512 | €1,018 | -€494 | -32.6% |
| Suppliers | 440/4 | €1,512 | €1,018 | -€494 | -32.6% |
| Taxes, remuneration and social security | 45 | €15,339 | €15,294 | -€45 | -0.3% |
| Taxes | 450/3 | €15,339 | €15,294 | -€45 | -0.3% |
| Other amounts payable | 47/48 | €893 | €2,847 | +€1,953 | +218.7% |
| Accrued charges and deferred income | 492/3 | €10,479 | €135,743 | +€125,264 | +1195.3% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,968 | +€2,968 | |
| Other operating charges | 640/8 | €621 | €4,033 | +€3,412 | +549.2% |
| Gross operating margin | 9900 | €181,509 | €174,958 | -€6,552 | -3.6% |
| Operating profit (loss) | 9901 | €180,888 | €167,957 | -€12,931 | -7.1% |
| Financial income | 75/76B | €300,000 | €665,000 | +€365,000 | +121.7% |
| Recurring financial income | 75 | €300,000 | €665,000 | +€365,000 | +121.7% |
| Financial charges | 65/66B | €26,959 | €150,359 | +€123,400 | +457.7% |
| Recurring financial charges | 65 | €26,959 | €150,359 | +€123,400 | +457.7% |
| Profit (loss) for the period before taxes | 9903 | €453,929 | €682,599 | +€228,670 | +50.4% |
| Income taxes | 67/77 | €35,149 | €5,351 | -€29,798 | -84.8% |
| Profit (loss) for the period | 9904 | €418,780 | €677,248 | +€258,468 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €418,780 | €677,248 | +€258,468 | +61.7% |
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 3 October 2026 via checked.be.