CUNNINGHAM CONSULTING: 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.
CUNNINGHAM CONSULTING
Largest movements
- Receivables within one year +€29,383
up €29,383 (+92.4%), from €31,786 to €61,169
- Tangible fixed assets -€6,672
down €6,672 (-2.5%), from €263,044 to €256,372
of which Land and buildings: -€7,459
- Debts after one year -€27,776
down €27,776 (-16.1%), from €172,809 to €145,034
- Advances received +€22,630
new in 2025: €22,630
- Other debts +€21,545
up €21,545 (+26.0%), from €82,813 to €104,358
- Trade debts +€12,250
up €12,250 (+120.7%), from €10,151 to €22,400
- Tax, wage and social debts -€9,664
down €9,664 (-74.0%), from €13,056 to €3,393
of which Taxes: -€9,681
- Gross operating margin +€62,177
up €62,177, from -€46,893 to €15,284
- Other operating charges +€847
up €847 (+50.2%), from €1,686 to €2,533
- Financial charges -€645
down €645 (-16.6%), from €3,880 to €3,235
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.
Cash bridge derived
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 | €308,735 | €329,596 | +€20,861 | +6.8% |
| Fixed assets | 21/28 | €268,099 | €261,427 | -€6,672 | -2.5% |
| Tangible fixed assets | 22/27 | €263,044 | €256,372 | -€6,672 | -2.5% |
| Land and buildings | 22 | €262,544 | €255,085 | -€7,459 | -2.8% |
| Plant, machinery and equipment | 23 | - | €1,087 | +€1,087 | |
| Furniture and vehicles | 24 | €500 | €200 | -€300 | -60.0% |
| Financial fixed assets | 28 | €5,055 | €5,055 | = | 0.0% |
| Current assets | 29/58 | €40,636 | €68,169 | +€27,533 | +67.8% |
| Amounts receivable within one year | 40/41 | €31,786 | €61,169 | +€29,383 | +92.4% |
| Trade receivables | 40 | €31,786 | €61,169 | +€29,383 | +92.4% |
| Cash at bank and in hand | 54/58 | €5,889 | €5,443 | -€446 | -7.6% |
| Deferred charges and accrued income | 490/1 | €2,961 | €1,557 | -€1,404 | -47.4% |
| Total equity and liabilities | 10/49 | €308,735 | €329,596 | +€20,861 | +6.8% |
| Equity | 10/15 | €2,528 | €4,006 | +€1,478 | +58.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €124,381 | €124,381 | = | 0.0% |
| Distributable reserves | 133 | €124,381 | €124,381 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,913 | -€128,435 | +€1,478 | +1.1% |
| Amounts payable | 17/49 | €306,208 | €325,590 | +€19,383 | +6.3% |
| Amounts payable after more than one year | 17 | €172,809 | €145,034 | -€27,776 | -16.1% |
| Financial debts | 170/4 | €172,809 | €145,034 | -€27,776 | -16.1% |
| Amounts payable within one year | 42/48 | €133,399 | €180,557 | +€47,158 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €27,379 | €27,776 | +€397 | +1.4% |
| Trade debts | 44 | €10,151 | €22,400 | +€12,250 | +120.7% |
| Suppliers | 440/4 | €10,151 | €22,400 | +€12,250 | +120.7% |
| Advances received on contracts in progress | 46 | - | €22,630 | +€22,630 | |
| Taxes, remuneration and social security | 45 | €13,056 | €3,393 | -€9,664 | -74.0% |
| Taxes | 450/3 | €10,852 | €1,170 | -€9,681 | -89.2% |
| Remuneration and social security | 454/9 | €2,205 | €2,223 | +€18 | +0.8% |
| Other amounts payable | 47/48 | €82,813 | €104,358 | +€21,545 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,759 | €7,968 | +€210 | +2.7% |
| Other operating charges | 640/8 | €1,686 | €2,533 | +€847 | +50.2% |
| Gross operating margin | 9900 | -€46,893 | €15,284 | +€62,177 | |
| Operating profit (loss) | 9901 | -€56,337 | €4,783 | +€61,121 | |
| Financial income | 75/76B | - | €115 | +€115 | |
| Recurring financial income | 75 | - | €115 | +€115 | |
| Financial charges | 65/66B | €3,880 | €3,235 | -€645 | -16.6% |
| Recurring financial charges | 65 | €3,880 | €3,235 | -€645 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€60,217 | €1,664 | +€61,881 | |
| Income taxes | 67/77 | €189 | €185 | -€4 | -2.1% |
| Profit (loss) for the period | 9904 | -€60,407 | €1,478 | +€61,885 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,407 | €1,478 | +€61,885 |
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 9 October 2026 via checked.be.