Consultant MD: 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.
Consultant MD
Largest movements
- Tangible fixed assets -€12,078
down €12,078 (-6.1%), from €196,397 to €184,319
of which Land and buildings: -€7,775
- Cash +€4,864
up €4,864 (+28.6%), from €17,021 to €21,885
mainly Depreciation (+€12,078) and Net result for the year (+€5,687)
- Receivables within one year -€3,902
down €3,902 (-10.3%), from €37,958 to €34,056
- Current portion of long-term debt -€7,976
down €7,976 (-50.2%), from €15,876 to €7,900
- Debts after one year -€7,900
down €7,900 (-23.5%), from €33,651 to €25,751
- Reserves +€5,687
up €5,687 (+4.1%), from €139,722 to €145,408
of which Distributable reserves: +€5,687
- Gross operating margin -€8,468
down €8,468 (-23.2%), from €36,521 to €28,053
- Other operating charges -€2,270
down €2,270 (-39.4%), from €5,756 to €3,485
- Taxes -€1,956
down €1,956 (-21.3%), from €9,163 to €7,207
- Depreciation +€523
up €523 (+4.5%), from €11,555 to €12,078
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 | €251,376 | €240,260 | -€11,116 | -4.4% |
| Fixed assets | 21/28 | €196,397 | €184,319 | -€12,078 | -6.1% |
| Tangible fixed assets | 22/27 | €196,397 | €184,319 | -€12,078 | -6.1% |
| Land and buildings | 22 | €185,924 | €178,149 | -€7,775 | -4.2% |
| Plant, machinery and equipment | 23 | €7,360 | €3,882 | -€3,478 | -47.3% |
| Furniture and vehicles | 24 | €3,113 | €2,288 | -€825 | -26.5% |
| Current assets | 29/58 | €54,979 | €55,941 | +€962 | +1.8% |
| Amounts receivable within one year | 40/41 | €37,958 | €34,056 | -€3,902 | -10.3% |
| Other amounts receivable | 41 | €37,958 | €34,056 | -€3,902 | -10.3% |
| Cash at bank and in hand | 54/58 | €17,021 | €21,885 | +€4,864 | +28.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €251,376 | €240,260 | -€11,116 | -4.4% |
| Equity | 10/15 | €180,170 | €185,857 | +€5,687 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €139,722 | €145,408 | +€5,687 | +4.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €137,862 | €143,548 | +€5,687 | +4.1% |
| Profit (loss) carried forward | 14 | €34,249 | €34,249 | = | 0.0% |
| Amounts payable | 17/49 | €71,205 | €54,403 | -€16,802 | -23.6% |
| Amounts payable after more than one year | 17 | €33,651 | €25,751 | -€7,900 | -23.5% |
| Financial debts | 170/4 | €33,651 | €25,751 | -€7,900 | -23.5% |
| Amounts payable within one year | 42/48 | €37,554 | €28,652 | -€8,902 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €15,876 | €7,900 | -€7,976 | -50.2% |
| Trade debts | 44 | €3,585 | €4,391 | +€806 | +22.5% |
| Suppliers | 440/4 | €3,585 | €4,391 | +€806 | +22.5% |
| Taxes, remuneration and social security | 45 | €18,093 | €16,361 | -€1,732 | -9.6% |
| Taxes | 450/3 | €18,093 | €16,361 | -€1,732 | -9.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,555 | €12,078 | +€523 | +4.5% |
| Other operating charges | 640/8 | €5,756 | €3,485 | -€2,270 | -39.4% |
| Gross operating margin | 9900 | €36,521 | €28,053 | -€8,468 | -23.2% |
| Operating profit (loss) | 9901 | €19,210 | €12,489 | -€6,720 | -35.0% |
| Financial income | 75/76B | €1,958 | €1,692 | -€266 | -13.6% |
| Recurring financial income | 75 | €1,958 | €1,692 | -€266 | -13.6% |
| Financial charges | 65/66B | €1,523 | €1,288 | -€234 | -15.4% |
| Recurring financial charges | 65 | €1,523 | €1,288 | -€234 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €19,645 | €12,893 | -€6,752 | -34.4% |
| Income taxes | 67/77 | €9,163 | €7,207 | -€1,956 | -21.3% |
| Profit (loss) for the period | 9904 | €10,482 | €5,687 | -€4,796 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,482 | €5,687 | -€4,796 | -45.8% |
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 27 October 2026 via checked.be.