CONSULTING & CONNECTIONS: 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 & CONNECTIONS
Largest movements
- Receivables within one year +€24,441
up €24,441 (+215%), from €11,350 to €35,791
of which Trade receivables: +€19,222
- Cash -€10,111
down €10,111 (-66.1%), from €15,299 to €5,188
mainly Receivables within one year (-€24,441) and Net result for the year (-€10,774)
- Deferred charges and accrued income -€1,139
down €1,139 (-30.8%), from €3,701 to €2,563
- Intangible fixed assets -€667
down €667 (-41.3%), from €1,613 to €946
- Trade debts +€18,749
up €18,749 (+194%), from €9,667 to €28,416
- Profit (loss) carried forward -€10,774
down €10,774 (-78.1%), from €13,798 to €3,025
- Current portion of long-term debt +€4,967
up €4,967 (+164%), from €3,033 to €8,000
- Gross operating margin -€22,728
down €22,728, from €16,871 to -€5,857
- Taxes -€4,192
down €4,192 (-96.4%), from €4,348 to €156
- Other operating charges -€974
down €974 (-58.5%), from €1,667 to €692
- Financial charges +€742
up €742 (+25.9%), from €2,862 to €3,604
- Financial income -€287
down €287 (-46.3%), from €620 to €333
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 | €33,463 | €45,988 | +€12,525 | +37.4% |
| Fixed assets | 21/28 | €3,113 | €2,446 | -€667 | -21.4% |
| Intangible fixed assets | 21 | €1,613 | €946 | -€667 | -41.3% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €30,350 | €43,542 | +€13,192 | +43.5% |
| Amounts receivable within one year | 40/41 | €11,350 | €35,791 | +€24,441 | +215% |
| Trade receivables | 40 | €1,441 | €20,664 | +€19,222 | +1,334% |
| Other amounts receivable | 41 | €9,908 | €15,127 | +€5,219 | +52.7% |
| Cash at bank and in hand | 54/58 | €15,299 | €5,188 | -€10,111 | -66.1% |
| Deferred charges and accrued income | 490/1 | €3,701 | €2,563 | -€1,139 | -30.8% |
| Total equity and liabilities | 10/49 | €33,463 | €45,988 | +€12,525 | +37.4% |
| Equity | 10/15 | €13,798 | €3,025 | -€10,774 | -78.1% |
| Profit (loss) carried forward | 14 | €13,798 | €3,025 | -€10,774 | -78.1% |
| Amounts payable | 17/49 | €19,664 | €42,963 | +€23,299 | +118% |
| Amounts payable within one year | 42/48 | €19,664 | €42,930 | +€23,266 | +118% |
| Current portion of amounts payable after more than one year | 42 | €3,033 | €8,000 | +€4,967 | +164% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €9,667 | €28,416 | +€18,749 | +194% |
| Suppliers | 440/4 | €9,667 | €28,416 | +€18,749 | +194% |
| Taxes, remuneration and social security | 45 | €6,964 | €6,514 | -€450 | -6.5% |
| Taxes | 450/3 | €6,964 | €6,514 | -€450 | -6.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €33 | +€33 | |
| Remuneration, social security and pensions | 62 | - | €131 | +€131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €387 | €667 | +€279 | +72.2% |
| Other operating charges | 640/8 | €1,667 | €692 | -€974 | -58.5% |
| Non-recurring operating charges | 66A | €757 | €0 | -€757 | -100% |
| Gross operating margin | 9900 | €16,871 | -€5,857 | -€22,728 | |
| Operating profit (loss) | 9901 | €14,060 | -€7,346 | -€21,406 | |
| Financial income | 75/76B | €620 | €333 | -€287 | -46.3% |
| Recurring financial income | 75 | €620 | €333 | -€287 | -46.3% |
| Financial charges | 65/66B | €2,862 | €3,604 | +€742 | +25.9% |
| Recurring financial charges | 65 | €2,862 | €3,604 | +€742 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €11,818 | -€10,618 | -€22,435 | |
| Income taxes | 67/77 | €4,348 | €156 | -€4,192 | -96.4% |
| Profit (loss) for the period | 9904 | €7,470 | -€10,774 | -€18,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,470 | -€10,774 | -€18,244 |
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.