Consulting by AM: 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.
Consulting by AM
Largest movements
- Cash +€43,854
up €43,854 (+112%), from €39,011 to €82,865
mainly Net result for the year (+€24,771) and Tax, wage and social debts (+€11,639)
- Tangible fixed assets +€3,764
up €3,764 (+85.9%), from €4,384 to €8,149
- Receivables within one year -€2,947
down €2,947 (-38.4%), from €7,670 to €4,723
of which Trade receivables: -€1,835
- Reserves +€24,771
up €24,771 (+91.4%), from €27,090 to €51,862
- Tax, wage and social debts +€11,639
up €11,639 (+78.9%), from €14,759 to €26,398
- Trade debts +€4,211
up €4,211 (+137%), from €3,067 to €7,278
- Other debts +€2,672
up €2,672 (+188%), from €1,421 to €4,093
- Advances received +€1,570
new in 2025: €1,570
- Gross operating margin -€5,172
down €5,172 (-11.5%), from €44,946 to €39,774
- Taxes -€3,076
down €3,076 (-20.8%), from €14,759 to €11,682
- Depreciation +€682
up €682 (+276%), from €247 to €929
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 | €51,337 | €96,200 | +€44,863 | +87.4% |
| Fixed assets | 21/28 | €4,384 | €8,149 | +€3,764 | +85.9% |
| Tangible fixed assets | 22/27 | €4,384 | €8,149 | +€3,764 | +85.9% |
| Plant, machinery and equipment | 23 | €4,384 | €8,149 | +€3,764 | +85.9% |
| Current assets | 29/58 | €46,953 | €88,052 | +€41,099 | +87.5% |
| Amounts receivable within one year | 40/41 | €7,670 | €4,723 | -€2,947 | -38.4% |
| Trade receivables | 40 | €5,292 | €3,457 | -€1,835 | -34.7% |
| Other amounts receivable | 41 | €2,378 | €1,265 | -€1,112 | -46.8% |
| Cash at bank and in hand | 54/58 | €39,011 | €82,865 | +€43,854 | +112% |
| Deferred charges and accrued income | 490/1 | €272 | €464 | +€192 | +70.6% |
| Total equity and liabilities | 10/49 | €51,337 | €96,200 | +€44,863 | +87.4% |
| Equity | 10/15 | €32,090 | €56,862 | +€24,771 | +77.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,090 | €51,862 | +€24,771 | +91.4% |
| Distributable reserves | 133 | €27,090 | €51,862 | +€24,771 | +91.4% |
| Amounts payable | 17/49 | €19,247 | €39,339 | +€20,092 | +104% |
| Amounts payable within one year | 42/48 | €19,247 | €39,339 | +€20,092 | +104% |
| Trade debts | 44 | €3,067 | €7,278 | +€4,211 | +137% |
| Suppliers | 440/4 | €3,067 | €7,278 | +€4,211 | +137% |
| Advances received on contracts in progress | 46 | - | €1,570 | +€1,570 | |
| Taxes, remuneration and social security | 45 | €14,759 | €26,398 | +€11,639 | +78.9% |
| Taxes | 450/3 | €14,759 | €26,398 | +€11,639 | +78.9% |
| Other amounts payable | 47/48 | €1,421 | €4,093 | +€2,672 | +188% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247 | €929 | +€682 | +276% |
| Other operating charges | 640/8 | €300 | - | -€300 | |
| Gross operating margin | 9900 | €44,946 | €39,774 | -€5,172 | -11.5% |
| Operating profit (loss) | 9901 | €44,399 | €38,845 | -€5,554 | -12.5% |
| Financial income | 75/76B | €6 | €177 | +€171 | +3,012% |
| Recurring financial income | 75 | €6 | €177 | +€171 | +3,012% |
| Financial charges | 65/66B | €2,556 | €2,569 | +€12 | +0.5% |
| Recurring financial charges | 65 | €2,556 | €2,569 | +€12 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €41,849 | €36,454 | -€5,395 | -12.9% |
| Income taxes | 67/77 | €14,759 | €11,682 | -€3,076 | -20.8% |
| Profit (loss) for the period | 9904 | €27,090 | €24,771 | -€2,319 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,090 | €24,771 | -€2,319 | -8.6% |
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 15 October 2026 via checked.be.