D - CONSULTING: what changed
Two fiscal 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.
D - CONSULTING
Largest movements
- Current investments +€16,311
up €16,311 (+4.9%), from €333,635 to €349,946
- Cash -€13,189
down €13,189 (-33.4%), from €39,493 to €26,304
mainly Other debts (-€65,000) and Current investments (-€16,311)
- Other debts -€65,000
down €65,000 (-66.8%), from €97,343 to €32,343
- Reserves +€62,118
up €62,118 (+62.6%), from €99,171 to €161,289
- Financial charges -€29,071
down €29,071, from €11,335 to -€17,735
- Turnover -€24,100
down €24,100 (-20.7%), from €116,150 to €92,050
- Gross operating margin -€23,441
down €23,441 (-32.2%), from €72,866 to €49,426
- Financial income +€7,292
up €7,292 (+43.7%), from €16,693 to €23,985
- Taxes -€2,574
down €2,574 (-9.4%), from €27,477 to €24,904
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 | €401,793 | €402,641 | +€848 | +0.2% |
| Fixed assets | 21/28 | €17,904 | €16,719 | -€1,185 | -6.6% |
| Tangible fixed assets | 22/27 | €17,904 | €16,719 | -€1,185 | -6.6% |
| Land and buildings | 22 | €12,176 | €12,176 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,728 | €4,543 | -€1,185 | -20.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €383,889 | €385,922 | +€2,033 | +0.5% |
| Amounts receivable within one year | 40/41 | €9,317 | €8,470 | -€847 | -9.1% |
| Trade receivables | 40 | €9,317 | €8,470 | -€847 | -9.1% |
| Current investments | 50/53 | €333,635 | €349,946 | +€16,311 | +4.9% |
| Cash at bank and in hand | 54/58 | €39,493 | €26,304 | -€13,189 | -33.4% |
| Deferred charges and accrued income | 490/1 | €1,444 | €1,202 | -€242 | -16.8% |
| Total equity and liabilities | 10/49 | €401,793 | €402,641 | +€848 | +0.2% |
| Equity | 10/15 | €293,516 | €355,634 | +€62,118 | +21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,171 | €161,289 | +€62,118 | +62.6% |
| Distributable reserves | 133 | €99,171 | €161,289 | +€62,118 | +62.6% |
| Profit (loss) carried forward | 14 | €175,745 | €175,745 | = | 0.0% |
| Amounts payable | 17/49 | €108,276 | €47,007 | -€61,270 | -56.6% |
| Amounts payable within one year | 42/48 | €108,276 | €47,007 | -€61,270 | -56.6% |
| Trade debts | 44 | €513 | €472 | -€41 | -8.0% |
| Suppliers | 440/4 | €513 | €472 | -€41 | -8.0% |
| Taxes, remuneration and social security | 45 | €10,421 | €14,192 | +€3,771 | +36.2% |
| Taxes | 450/3 | €10,421 | €14,192 | +€3,771 | +36.2% |
| Other amounts payable | 47/48 | €97,343 | €32,343 | -€65,000 | -66.8% |
| Turnover | 70 | €116,150 | €92,050 | -€24,100 | -20.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €48,426 | €48,156 | -€269 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,576 | €2,639 | +€62 | +2.4% |
| Other operating charges | 640/8 | €1,437 | €1,485 | +€48 | +3.4% |
| Gross operating margin | 9900 | €72,866 | €49,426 | -€23,441 | -32.2% |
| Operating profit (loss) | 9901 | €68,853 | €45,302 | -€23,551 | -34.2% |
| Financial income | 75/76B | €16,693 | €23,985 | +€7,292 | +43.7% |
| Recurring financial income | 75 | €16,693 | €23,985 | +€7,292 | +43.7% |
| Financial charges | 65/66B | €11,335 | -€17,735 | -€29,071 | |
| Recurring financial charges | 65 | €11,335 | -€17,735 | -€29,071 | |
| Profit (loss) for the period before taxes | 9903 | €74,211 | €87,022 | +€12,811 | +17.3% |
| Income taxes | 67/77 | €27,477 | €24,904 | -€2,574 | -9.4% |
| Profit (loss) for the period | 9904 | €46,733 | €62,118 | +€15,385 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,733 | €62,118 | +€15,385 | +32.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.