consultED partner: 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.
consultED partner
Largest movements
- Tangible fixed assets +€55,867
up €55,867 (+297.7%), from €18,765 to €74,632
- Cash -€17,865
down €17,865 (-9.6%), from €186,981 to €169,116
mainly Investment in fixed assets (net) (-€73,305) and Other debts (-€46,770)
- Receivables within one year +€4,209
up €4,209 (+22.9%), from €18,349 to €22,558
of which Trade receivables: +€4,138
- Reserves +€65,300
up €65,300 (+52.7%), from €123,900 to €189,200
- Other debts -€46,770
no longer reported in 2025 (was €46,770)
- Debts after one year +€38,091
up €38,091 (+774.1%), from €4,920 to €43,011
- Tax, wage and social debts -€15,493
down €15,493 (-50.3%), from €30,826 to €15,334
- Gross operating margin +€19,382
up €19,382 (+23.5%), from €82,548 to €101,931
- Depreciation -€3,573
down €3,573 (-17.0%), from €21,011 to €17,438
- Taxes +€3,311
up €3,311 (+24.1%), from €13,712 to €17,022
- Financial charges +€1,031
up €1,031 (+243.0%), from €424 to €1,456
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 | €226,077 | €268,264 | +€42,187 | +18.7% |
| Fixed assets | 21/28 | €18,765 | €74,632 | +€55,867 | +297.7% |
| Tangible fixed assets | 22/27 | €18,765 | €74,632 | +€55,867 | +297.7% |
| Furniture and vehicles | 24 | €18,765 | €74,632 | +€55,867 | +297.7% |
| Current assets | 29/58 | €207,312 | €193,632 | -€13,680 | -6.6% |
| Amounts receivable within one year | 40/41 | €18,349 | €22,558 | +€4,209 | +22.9% |
| Trade receivables | 40 | €16,733 | €20,871 | +€4,138 | +24.7% |
| Other amounts receivable | 41 | €1,616 | €1,687 | +€71 | +4.4% |
| Cash at bank and in hand | 54/58 | €186,981 | €169,116 | -€17,865 | -9.6% |
| Deferred charges and accrued income | 490/1 | €1,982 | €1,958 | -€23 | -1.2% |
| Total equity and liabilities | 10/49 | €226,077 | €268,264 | +€42,187 | +18.7% |
| Equity | 10/15 | €127,924 | €193,239 | +€65,315 | +51.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €123,900 | €189,200 | +€65,300 | +52.7% |
| Distributable reserves | 133 | €123,900 | €189,200 | +€65,300 | +52.7% |
| Profit (loss) carried forward | 14 | €24 | €39 | +€15 | +61.5% |
| Amounts payable | 17/49 | €98,153 | €75,025 | -€23,128 | -23.6% |
| Amounts payable after more than one year | 17 | €4,920 | €43,011 | +€38,091 | +774.1% |
| Financial debts | 170/4 | €4,920 | €43,011 | +€38,091 | +774.1% |
| Amounts payable within one year | 42/48 | €93,233 | €32,014 | -€61,219 | -65.7% |
| Current portion of amounts payable after more than one year | 42 | €11,712 | €11,418 | -€295 | -2.5% |
| Financial debts | 43 | €33 | - | -€33 | |
| Credit institutions | 430/8 | €33 | - | -€33 | |
| Trade debts | 44 | €3,891 | €5,263 | +€1,372 | +35.2% |
| Suppliers | 440/4 | €3,891 | €5,263 | +€1,372 | +35.2% |
| Taxes, remuneration and social security | 45 | €30,826 | €15,334 | -€15,493 | -50.3% |
| Taxes | 450/3 | €30,826 | €15,334 | -€15,493 | -50.3% |
| Other amounts payable | 47/48 | €46,770 | - | -€46,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,011 | €17,438 | -€3,573 | -17.0% |
| Other operating charges | 640/8 | €640 | €702 | +€62 | +9.7% |
| Gross operating margin | 9900 | €82,548 | €101,931 | +€19,382 | +23.5% |
| Operating profit (loss) | 9901 | €60,897 | €83,791 | +€22,894 | +37.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €424 | €1,456 | +€1,031 | +243.0% |
| Recurring financial charges | 65 | €424 | €1,456 | +€1,031 | +243.0% |
| Profit (loss) for the period before taxes | 9903 | €60,473 | €82,337 | +€21,864 | +36.2% |
| Income taxes | 67/77 | €13,712 | €17,022 | +€3,311 | +24.1% |
| Profit (loss) for the period | 9904 | €46,761 | €65,315 | +€18,553 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,761 | €65,315 | +€18,553 | +39.7% |
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 8 October 2026 via checked.be.