CONSULT RM: 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.
CONSULT RM
Largest movements
- Cash +€18,850
up €18,850 (+25.0%), from €75,352 to €94,202
mainly Net result for the year (+€19,824) and Current investments (+€16,559)
- Current investments -€16,559
down €16,559 (-9.7%), from €170,089 to €153,529
- Receivables within one year +€5,733
up €5,733, from €0 to €5,733
of which Other amounts receivable: +€5,733
- Profit (loss) carried forward +€19,824
up €19,824 (+8.8%), from €225,450 to €245,274
- Trade debts -€7,709
down €7,709 (-50.5%), from €15,270 to €7,562
- Tax, wage and social debts -€5,384
no longer reported in 2025 (was €5,384)
- Gross operating margin -€39,560
down €39,560 (-59.5%), from €66,462 to €26,902
- Taxes -€7,866
down €7,866 (-59.4%), from €13,248 to €5,382
- Financial income -€3,066
down €3,066 (-37.4%), from €8,202 to €5,136
- Financial charges +€2,246
up €2,246 (+108.5%), from €2,070 to €4,316
- Depreciation +€870
up €870 (+106.4%), from €818 to €1,688
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 | €252,090 | €260,014 | +€7,924 | +3.1% |
| Fixed assets | 21/28 | €6,649 | €4,961 | -€1,688 | -25.4% |
| Tangible fixed assets | 22/27 | €6,649 | €4,961 | -€1,688 | -25.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €6,649 | €4,961 | -€1,688 | -25.4% |
| Current assets | 29/58 | €245,441 | €255,053 | +€9,612 | +3.9% |
| Amounts receivable within one year | 40/41 | €0 | €5,733 | +€5,733 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €5,733 | +€5,733 | |
| Current investments | 50/53 | €170,089 | €153,529 | -€16,559 | -9.7% |
| Cash at bank and in hand | 54/58 | €75,352 | €94,202 | +€18,850 | +25.0% |
| Deferred charges and accrued income | 490/1 | - | €1,589 | +€1,589 | |
| Total equity and liabilities | 10/49 | €252,090 | €260,014 | +€7,924 | +3.1% |
| Equity | 10/15 | €230,450 | €250,274 | +€19,824 | +8.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €225,450 | €245,274 | +€19,824 | +8.8% |
| Amounts payable | 17/49 | €21,640 | €9,740 | -€11,900 | -55.0% |
| Amounts payable within one year | 42/48 | €21,448 | €9,740 | -€11,708 | -54.6% |
| Trade debts | 44 | €15,270 | €7,562 | -€7,709 | -50.5% |
| Suppliers | 440/4 | €15,270 | €7,562 | -€7,709 | -50.5% |
| Taxes, remuneration and social security | 45 | €5,384 | - | -€5,384 | |
| Taxes | 450/3 | €5,384 | - | -€5,384 | |
| Other amounts payable | 47/48 | €794 | €2,178 | +€1,385 | +174.5% |
| Accrued charges and deferred income | 492/3 | €192 | - | -€192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €818 | €1,688 | +€870 | +106.4% |
| Other operating charges | 640/8 | €765 | €827 | +€62 | +8.0% |
| Gross operating margin | 9900 | €66,462 | €26,902 | -€39,560 | -59.5% |
| Operating profit (loss) | 9901 | €64,879 | €24,387 | -€40,492 | -62.4% |
| Financial income | 75/76B | €8,202 | €5,136 | -€3,066 | -37.4% |
| Recurring financial income | 75 | €8,202 | €5,136 | -€3,066 | -37.4% |
| Financial charges | 65/66B | €2,070 | €4,316 | +€2,246 | +108.5% |
| Recurring financial charges | 65 | €2,070 | €4,316 | +€2,246 | +108.5% |
| Profit (loss) for the period before taxes | 9903 | €71,011 | €25,207 | -€45,805 | -64.5% |
| Income taxes | 67/77 | €13,248 | €5,382 | -€7,866 | -59.4% |
| Profit (loss) for the period | 9904 | €57,763 | €19,824 | -€37,939 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,763 | €19,824 | -€37,939 | -65.7% |
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 12 October 2026 via checked.be.