CONSULTING GROUP: 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 GROUP
Largest movements
- Tangible fixed assets +€82,617
up €82,617 (+23.7%), from €348,891 to €431,508
of which Plant, machinery and equipment: +€63,367
- Receivables within one year +€49,085
up €49,085 (+8.6%), from €568,085 to €617,170
of which Trade receivables: +€37,070
- Trade debts +€161,713
up €161,713 (+284%), from €57,038 to €218,751
- Reserves -€30,485
down €30,485 (-11.3%), from €269,868 to €239,383
of which Tax-exempt reserves: -€16,182
- Debts after one year -€22,831
down €22,831 (-7.7%), from €295,666 to €272,836
- Other debts +€19,058
up €19,058 (+7.2%), from €265,000 to €284,058
- Current portion of long-term debt +€17,223
up €17,223 (+76.4%), from €22,557 to €39,780
- Gross operating margin +€52,901
up €52,901, from -€45,299 to €7,602
- Depreciation +€16,158
up €16,158 (+71.4%), from €22,621 to €38,779
- Financial charges -€16,097
down €16,097 (-72.3%), from €22,262 to €6,165
- Other operating charges -€1,255
down €1,255 (-70.6%), from €1,777 to €522
- Financial income +€770
new in 2024: €770
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,148,295 | €1,279,898 | +€131,603 | +11.5% |
| Fixed assets | 21/28 | €580,018 | €662,636 | +€82,617 | +14.2% |
| Tangible fixed assets | 22/27 | €348,891 | €431,508 | +€82,617 | +23.7% |
| Land and buildings | 22 | €311,094 | €334,586 | +€23,492 | +7.6% |
| Plant, machinery and equipment | 23 | €25,073 | €88,440 | +€63,367 | +253% |
| Furniture and vehicles | 24 | €12,724 | €8,483 | -€4,241 | -33.3% |
| Financial fixed assets | 28 | €231,127 | €231,127 | = | 0.0% |
| Current assets | 29/58 | €568,276 | €617,262 | +€48,986 | +8.6% |
| Amounts receivable within one year | 40/41 | €568,085 | €617,170 | +€49,085 | +8.6% |
| Trade receivables | 40 | €44,850 | €81,920 | +€37,070 | +82.7% |
| Other amounts receivable | 41 | €523,235 | €535,251 | +€12,015 | +2.3% |
| Cash at bank and in hand | 54/58 | €191 | €92 | -€99 | -52.0% |
| Total equity and liabilities | 10/49 | €1,148,295 | €1,279,898 | +€131,603 | +11.5% |
| Equity | 10/15 | €332,337 | €301,852 | -€30,485 | -9.2% |
| Contributions | 10/11 | €62,469 | €62,469 | = | 0.0% |
| Capital | 10 | €62,469 | €62,469 | = | 0.0% |
| Issued capital | 100 | €62,469 | €62,469 | = | 0.0% |
| Reserves | 13 | €269,868 | €239,383 | -€30,485 | -11.3% |
| Non-distributable reserves | 130/1 | €6,247 | €6,247 | = | 0.0% |
| Legal reserve | 130 | €6,247 | €6,247 | = | 0.0% |
| Tax-exempt reserves | 132 | €241,370 | €225,188 | -€16,182 | -6.7% |
| Distributable reserves | 133 | €22,251 | €7,948 | -€14,303 | -64.3% |
| Provisions and deferred taxes | 16 | €98,588 | €91,978 | -€6,610 | -6.7% |
| Deferred taxes | 168 | €98,588 | €91,978 | -€6,610 | -6.7% |
| Amounts payable | 17/49 | €717,370 | €886,067 | +€168,697 | +23.5% |
| Amounts payable after more than one year | 17 | €295,666 | €272,836 | -€22,831 | -7.7% |
| Financial debts | 170/4 | €295,666 | €272,836 | -€22,831 | -7.7% |
| Amounts payable within one year | 42/48 | €374,707 | €564,429 | +€189,722 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €22,557 | €39,780 | +€17,223 | +76.4% |
| Financial debts | 43 | €21,729 | €16,609 | -€5,119 | -23.6% |
| Credit institutions | 430/8 | €21,729 | €16,609 | -€5,119 | -23.6% |
| Trade debts | 44 | €57,038 | €218,751 | +€161,713 | +284% |
| Suppliers | 440/4 | €57,038 | €218,751 | +€161,713 | +284% |
| Taxes, remuneration and social security | 45 | €8,384 | €5,230 | -€3,153 | -37.6% |
| Taxes | 450/3 | €8,384 | €5,230 | -€3,153 | -37.6% |
| Other amounts payable | 47/48 | €265,000 | €284,058 | +€19,058 | +7.2% |
| Accrued charges and deferred income | 492/3 | €46,996 | €48,803 | +€1,807 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,621 | €38,779 | +€16,158 | +71.4% |
| Other operating charges | 640/8 | €1,777 | €522 | -€1,255 | -70.6% |
| Gross operating margin | 9900 | -€45,299 | €7,602 | +€52,901 | |
| Operating profit (loss) | 9901 | -€69,697 | -€31,699 | +€37,998 | +54.5% |
| Financial income | 75/76B | - | €770 | +€770 | |
| Recurring financial income | 75 | - | €770 | +€770 | |
| Financial charges | 65/66B | €22,262 | €6,165 | -€16,097 | -72.3% |
| Recurring financial charges | 65 | €22,262 | €6,165 | -€16,097 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | -€91,959 | -€37,094 | +€54,864 | +59.7% |
| Transfer from deferred taxes | 780 | €6,610 | €6,610 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€85,349 | -€30,485 | +€54,864 | +64.3% |
| Transfer from tax-exempt reserves | 789 | €16,182 | €16,182 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,167 | -€14,303 | +€54,864 | +79.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.