CONSULTEM: 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.
CONSULTEM
Largest movements
- Current investments -€314,379
down €314,379 (-75.5%), from €416,176 to €101,797
- Tangible fixed assets -€23,677
down €23,677 (-32.9%), from €71,957 to €48,280
- Cash +€16,547
up €16,547 (+28.1%), from €58,917 to €75,464
mainly Current investments (+€314,379) and Other debts (+€70,738)
- Contributions -€256,200
down €256,200 (-100.0%), from €256,200 to €0
- Reserves -€145,829
down €145,829 (-50.6%), from €288,042 to €142,213
of which Distributable reserves: -€101,624
- Other debts +€70,738
up €70,738 (+668.4%), from €10,584 to €81,322
- Tax, wage and social debts +€8,007
up €8,007 (+96.9%), from €8,259 to €16,266
- Gross operating margin -€22,992
down €22,992 (-27.8%), from €82,831 to €59,839
- Financial income +€7,292
up €7,292 (+93.9%), from €7,762 to €15,055
- Taxes -€6,995
down €6,995 (-31.0%), from €22,586 to €15,591
- Depreciation +€3,001
up €3,001 (+14.0%), from €21,502 to €24,503
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 | €563,206 | €241,573 | -€321,632 | -57.1% |
| Fixed assets | 21/28 | €71,957 | €48,280 | -€23,677 | -32.9% |
| Tangible fixed assets | 22/27 | €71,957 | €48,280 | -€23,677 | -32.9% |
| Furniture and vehicles | 24 | €71,957 | €48,280 | -€23,677 | -32.9% |
| Current assets | 29/58 | €491,248 | €193,293 | -€297,955 | -60.7% |
| Amounts receivable within one year | 40/41 | €5,050 | €9,674 | +€4,623 | +91.5% |
| Trade receivables | 40 | €5,040 | €9,663 | +€4,623 | +91.7% |
| Other amounts receivable | 41 | €10 | €10 | = | 0.0% |
| Current investments | 50/53 | €416,176 | €101,797 | -€314,379 | -75.5% |
| Cash at bank and in hand | 54/58 | €58,917 | €75,464 | +€16,547 | +28.1% |
| Deferred charges and accrued income | 490/1 | €11,105 | €6,359 | -€4,746 | -42.7% |
| Total equity and liabilities | 10/49 | €563,206 | €241,573 | -€321,632 | -57.1% |
| Equity | 10/15 | €544,242 | €142,213 | -€402,029 | -73.9% |
| Contributions | 10/11 | €256,200 | €0 | -€256,200 | -100.0% |
| Reserves | 13 | €288,042 | €142,213 | -€145,829 | -50.6% |
| Tax-exempt reserves | 132 | €71,570 | €27,365 | -€44,205 | -61.8% |
| Distributable reserves | 133 | €216,472 | €114,848 | -€101,624 | -46.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €18,963 | €99,360 | +€80,397 | +424.0% |
| Amounts payable within one year | 42/48 | €18,963 | €99,360 | +€80,397 | +424.0% |
| Trade debts | 44 | €120 | €1,772 | +€1,652 | +1375.4% |
| Suppliers | 440/4 | €120 | €1,772 | +€1,652 | +1375.4% |
| Taxes, remuneration and social security | 45 | €8,259 | €16,266 | +€8,007 | +96.9% |
| Taxes | 450/3 | €8,259 | €16,266 | +€8,007 | +96.9% |
| Other amounts payable | 47/48 | €10,584 | €81,322 | +€70,738 | +668.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,502 | €24,503 | +€3,001 | +14.0% |
| Other operating charges | 640/8 | €2,356 | €1,956 | -€400 | -17.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €82,831 | €59,839 | -€22,992 | -27.8% |
| Operating profit (loss) | 9901 | €58,973 | €33,381 | -€25,592 | -43.4% |
| Financial income | 75/76B | €7,762 | €15,055 | +€7,292 | +93.9% |
| Recurring financial income | 75 | €7,762 | €15,055 | +€7,292 | +93.9% |
| Financial charges | 65/66B | €1,058 | €674 | -€383 | -36.2% |
| Recurring financial charges | 65 | €1,058 | €674 | -€383 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €65,678 | €47,761 | -€17,917 | -27.3% |
| Income taxes | 67/77 | €22,586 | €15,591 | -€6,995 | -31.0% |
| Profit (loss) for the period | 9904 | €43,092 | €32,170 | -€10,922 | -25.3% |
| Transfer from tax-exempt reserves | 789 | - | €71,570 | +€71,570 | |
| Transfer to tax-exempt reserves | 689 | €18,945 | €27,365 | +€8,420 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,147 | €76,375 | +€52,228 | +216.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.