CONSULT-THERM: 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-THERM
Largest movements
- Receivables within one year -€122,811
down €122,811 (-18.9%), from €650,234 to €527,423
of which Trade receivables: -€63,913
- Cash -€55,649
down €55,649 (-6.8%), from €821,491 to €765,842
mainly Other debts (-€90,000) and Contributions, distributions and other (-€60,000)
- Other debts -€90,000
down €90,000 (-60.0%), from €150,000 to €60,000
- Profit (loss) carried forward -€59,727
down €59,727 (-7.9%), from €757,500 to €697,773
- Reserves +€25,000
up €25,000 (+6.9%), from €361,860 to €386,860
of which Tax-exempt reserves: +€25,000
- Trade debts -€20,864
down €20,864 (-15.0%), from €139,462 to €118,598
- Tax, wage and social debts -€19,092
down €19,092 (-28.4%), from €67,187 to €48,095
of which Taxes: -€21,227
- Gross operating margin -€126,364
down €126,364 (-52.9%), from €238,892 to €112,528
- Taxes -€52,711
down €52,711 (-73.7%), from €71,546 to €18,836
- Staff costs +€16,782
up €16,782 (+41.6%), from €40,322 to €57,103
- Financial income -€3,015
down €3,015 (-49.9%), from €6,041 to €3,026
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 | €1,488,565 | €1,317,526 | -€171,039 | -11.5% |
| Fixed assets | 21/28 | €15,176 | €23,306 | +€8,129 | +53.6% |
| Tangible fixed assets | 22/27 | €15,176 | €23,306 | +€8,129 | +53.6% |
| Plant, machinery and equipment | 23 | €3,834 | €3,834 | = | 0.0% |
| Furniture and vehicles | 24 | €11,342 | €19,472 | +€8,129 | +71.7% |
| Current assets | 29/58 | €1,473,389 | €1,294,220 | -€179,169 | -12.2% |
| Amounts receivable within one year | 40/41 | €650,234 | €527,423 | -€122,811 | -18.9% |
| Trade receivables | 40 | €521,316 | €457,403 | -€63,913 | -12.3% |
| Other amounts receivable | 41 | €128,918 | €70,020 | -€58,897 | -45.7% |
| Cash at bank and in hand | 54/58 | €821,491 | €765,842 | -€55,649 | -6.8% |
| Deferred charges and accrued income | 490/1 | €1,664 | €955 | -€709 | -42.6% |
| Total equity and liabilities | 10/49 | €1,488,565 | €1,317,526 | -€171,039 | -11.5% |
| Equity | 10/15 | €1,125,560 | €1,090,833 | -€34,727 | -3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €361,860 | €386,860 | +€25,000 | +6.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €360,000 | €385,000 | +€25,000 | +6.9% |
| Profit (loss) carried forward | 14 | €757,500 | €697,773 | -€59,727 | -7.9% |
| Amounts payable | 17/49 | €363,005 | €226,693 | -€136,312 | -37.6% |
| Amounts payable within one year | 42/48 | €363,005 | €226,693 | -€136,312 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €6,356 | - | -€6,356 | |
| Trade debts | 44 | €139,462 | €118,598 | -€20,864 | -15.0% |
| Suppliers | 440/4 | €139,462 | €118,598 | -€20,864 | -15.0% |
| Taxes, remuneration and social security | 45 | €67,187 | €48,095 | -€19,092 | -28.4% |
| Taxes | 450/3 | €61,251 | €40,024 | -€21,227 | -34.7% |
| Remuneration and social security | 454/9 | €5,937 | €8,071 | +€2,134 | +35.9% |
| Other amounts payable | 47/48 | €150,000 | €60,000 | -€90,000 | -60.0% |
| Remuneration, social security and pensions | 62 | €40,322 | €57,103 | +€16,782 | +41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,724 | €11,959 | +€1,235 | +11.5% |
| Other operating charges | 640/8 | €1,142 | €867 | -€276 | -24.1% |
| Gross operating margin | 9900 | €238,892 | €112,528 | -€126,364 | -52.9% |
| Operating profit (loss) | 9901 | €186,704 | €42,599 | -€144,105 | -77.2% |
| Financial income | 75/76B | €6,041 | €3,026 | -€3,015 | -49.9% |
| Recurring financial income | 75 | €6,041 | €3,026 | -€3,015 | -49.9% |
| Financial charges | 65/66B | €2,786 | €1,516 | -€1,269 | -45.6% |
| Recurring financial charges | 65 | €2,786 | €1,516 | -€1,269 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €189,959 | €44,109 | -€145,850 | -76.8% |
| Income taxes | 67/77 | €71,546 | €18,836 | -€52,711 | -73.7% |
| Profit (loss) for the period | 9904 | €118,412 | €25,273 | -€93,139 | -78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €118,412 | €25,273 | -€93,139 | -78.7% |
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 23 October 2026 via checked.be.