COUNET CONSULT: 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.
COUNET CONSULT
Largest movements
- Tangible fixed assets +€44,006
up €44,006 (+15.3%), from €287,921 to €331,927
of which Land and buildings: +€51,575
- Receivables within one year -€18,182
down €18,182 (-39.1%), from €46,482 to €28,300
- Cash -€14,267
down €14,267 (-6.2%), from €230,121 to €215,853
mainly Investment in fixed assets (net) (-€54,775) and Trade debts (-€17,279)
- Reserves +€43,757
up €43,757 (+120%), from €36,607 to €80,364
- Trade debts -€17,279
down €17,279 (-53.0%), from €32,625 to €15,345
- Other debts -€13,617
down €13,617 (-27.6%), from €49,286 to €35,669
- Debts after one year -€11,210
down €11,210 (-2.6%), from €423,033 to €411,823
of which Financial debts: -€11,210
- Depreciation -€27,343
down €27,343 (-71.7%), from €38,112 to €10,769
- Financial charges +€13,433
up €13,433 (+250%), from €5,364 to €18,797
- Gross operating margin -€8,185
down €8,185 (-8.0%), from €102,084 to €93,900
- Other operating charges -€5,847
down €5,847 (-89.5%), from €6,536 to €689
- Taxes +€5,223
up €5,223 (+35.6%), from €14,666 to €19,890
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 | €566,881 | €577,119 | +€10,237 | +1.8% |
| Fixed assets | 21/28 | €288,146 | €332,152 | +€44,006 | +15.3% |
| Tangible fixed assets | 22/27 | €287,921 | €331,927 | +€44,006 | +15.3% |
| Land and buildings | 22 | €267,916 | €319,491 | +€51,575 | +19.3% |
| Furniture and vehicles | 24 | €20,005 | €12,436 | -€7,569 | -37.8% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €278,735 | €244,966 | -€33,769 | -12.1% |
| Amounts receivable within one year | 40/41 | €46,482 | €28,300 | -€18,182 | -39.1% |
| Trade receivables | 40 | €46,482 | €28,300 | -€18,182 | -39.1% |
| Cash at bank and in hand | 54/58 | €230,121 | €215,853 | -€14,267 | -6.2% |
| Deferred charges and accrued income | 490/1 | €2,133 | €813 | -€1,320 | -61.9% |
| Total equity and liabilities | 10/49 | €566,881 | €577,119 | +€10,237 | +1.8% |
| Equity | 10/15 | €38,607 | €82,364 | +€43,757 | +113% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €36,607 | €80,364 | +€43,757 | +120% |
| Distributable reserves | 133 | €36,607 | €80,364 | +€43,757 | +120% |
| Amounts payable | 17/49 | €528,274 | €494,754 | -€33,520 | -6.3% |
| Amounts payable after more than one year | 17 | €423,033 | €411,823 | -€11,210 | -2.6% |
| Financial debts | 170/4 | €173,033 | €161,823 | -€11,210 | -6.5% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €105,241 | €78,479 | -€26,763 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €11,867 | €16,309 | +€4,442 | +37.4% |
| Trade debts | 44 | €32,625 | €15,345 | -€17,279 | -53.0% |
| Suppliers | 440/4 | €32,625 | €15,345 | -€17,279 | -53.0% |
| Taxes, remuneration and social security | 45 | €11,464 | €11,155 | -€309 | -2.7% |
| Taxes | 450/3 | €11,464 | €11,155 | -€309 | -2.7% |
| Other amounts payable | 47/48 | €49,286 | €35,669 | -€13,617 | -27.6% |
| Accrued charges and deferred income | 492/3 | - | €4,453 | +€4,453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,112 | €10,769 | -€27,343 | -71.7% |
| Other operating charges | 640/8 | €6,536 | €689 | -€5,847 | -89.5% |
| Gross operating margin | 9900 | €102,084 | €93,900 | -€8,185 | -8.0% |
| Operating profit (loss) | 9901 | €57,437 | €82,442 | +€25,005 | +43.5% |
| Financial income | 75/76B | €60 | €2 | -€58 | -96.6% |
| Recurring financial income | 75 | €60 | €2 | -€58 | -96.6% |
| Financial charges | 65/66B | €5,364 | €18,797 | +€13,433 | +250% |
| Recurring financial charges | 65 | €5,364 | €18,797 | +€13,433 | +250% |
| Profit (loss) for the period before taxes | 9903 | €52,133 | €63,647 | +€11,514 | +22.1% |
| Income taxes | 67/77 | €14,666 | €19,890 | +€5,223 | +35.6% |
| Profit (loss) for the period | 9904 | €37,466 | €43,757 | +€6,291 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,466 | €43,757 | +€6,291 | +16.8% |
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 16 October 2026 via checked.be.