CONSULTING PB: 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 PB
Largest movements
- Current investments +€6.7m
new in 2025: €6.7m
- Receivables after one year +€3.9m
new in 2025: €3.9m
- Receivables within one year +€256,788
up €256,788 (+257%), from €99,730 to €356,518
of which Trade receivables: +€236,671
- Cash -€173,097
down €173,097 (-43.9%), from €394,148 to €221,050
mainly Current investments (-€6.7m) and Receivables after one year (-€3.9m)
- Debts after one year +€10.5m
new in 2025: €10.5m
of which Other amounts payable: +€7.0m
- Reserves +€122,325
up €122,325 (+24.1%), from €506,915 to €629,240
of which Distributable reserves: +€122,325
- Financial charges +€144,430
up €144,430 (+64,506%), from €224 to €144,653
- Financial income +€130,327
up €130,327 (+1,326%), from €9,827 to €140,154
- Gross operating margin +€120,655
up €120,655 (+148%), from €81,402 to €202,057
- Taxes +€39,040
up €39,040 (+192%), from €20,318 to €59,357
- Depreciation -€4,541
down €4,541 (-25.4%), from €17,890 to €13,349
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 | €540,592 | €11,266,820 | +€10.7m | +1,984% |
| Fixed assets | 21/28 | €25,948 | €12,600 | -€13,349 | -51.4% |
| Tangible fixed assets | 22/27 | €15,948 | €2,600 | -€13,349 | -83.7% |
| Land and buildings | 22 | - | €791 | +€791 | |
| Furniture and vehicles | 24 | €14,221 | €1,808 | -€12,413 | -87.3% |
| Other tangible fixed assets | 26 | €1,727 | - | -€1,727 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €514,643 | €11,254,220 | +€10.7m | +2,087% |
| Amounts receivable after more than one year | 29 | - | €3,929,654 | +€3.9m | |
| Other amounts receivable | 291 | - | €3,929,654 | +€3.9m | |
| Amounts receivable within one year | 40/41 | €99,730 | €356,518 | +€256,788 | +257% |
| Trade receivables | 40 | €97,100 | €333,771 | +€236,671 | +244% |
| Other amounts receivable | 41 | €2,630 | €22,747 | +€20,116 | +765% |
| Current investments | 50/53 | - | €6,725,369 | +€6.7m | |
| Cash at bank and in hand | 54/58 | €394,148 | €221,050 | -€173,097 | -43.9% |
| Deferred charges and accrued income | 490/1 | €20,765 | €21,630 | +€864 | +4.2% |
| Total equity and liabilities | 10/49 | €540,592 | €11,266,820 | +€10.7m | +1,984% |
| Equity | 10/15 | €519,315 | €641,640 | +€122,325 | +23.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €506,915 | €629,240 | +€122,325 | +24.1% |
| Tax-exempt reserves | 132 | €8,350 | €8,350 | = | 0.0% |
| Distributable reserves | 133 | €498,565 | €620,890 | +€122,325 | +24.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €21,277 | €10,625,180 | +€10.6m | +49,838% |
| Amounts payable after more than one year | 17 | - | €10,477,272 | +€10.5m | |
| Financial debts | 170/4 | - | €3,477,272 | +€3.5m | |
| Other amounts payable | 178/9 | - | €7,000,000 | +€7.0m | |
| Amounts payable within one year | 42/48 | €21,277 | €66,999 | +€45,722 | +215% |
| Trade debts | 44 | €2,175 | €2,876 | +€701 | +32.2% |
| Suppliers | 440/4 | €2,175 | €2,876 | +€701 | +32.2% |
| Taxes, remuneration and social security | 45 | €12,175 | €55,589 | +€43,414 | +357% |
| Taxes | 450/3 | €12,175 | €55,589 | +€43,414 | +357% |
| Other amounts payable | 47/48 | €6,926 | €8,534 | +€1,608 | +23.2% |
| Accrued charges and deferred income | 492/3 | - | €80,909 | +€80,909 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,890 | €13,349 | -€4,541 | -25.4% |
| Other operating charges | 640/8 | €836 | €1,693 | +€858 | +103% |
| Gross operating margin | 9900 | €81,402 | €202,057 | +€120,655 | +148% |
| Operating profit (loss) | 9901 | €62,676 | €187,015 | +€124,339 | +198% |
| Financial income | 75/76B | €9,827 | €140,154 | +€130,327 | +1,326% |
| Recurring financial income | 75 | €9,827 | €140,154 | +€130,327 | +1,326% |
| Financial charges | 65/66B | €224 | €144,653 | +€144,430 | +64,506% |
| Recurring financial charges | 65 | €224 | €144,653 | +€144,430 | +64,506% |
| Profit (loss) for the period before taxes | 9903 | €72,279 | €182,515 | +€110,236 | +153% |
| Income taxes | 67/77 | €20,318 | €59,357 | +€39,040 | +192% |
| Profit (loss) for the period | 9904 | €51,961 | €123,158 | +€71,197 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €51,961 | €123,158 | +€71,197 | +137% |
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 19 October 2026 via checked.be.