DE BORGER 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.
DE BORGER CONSULT
Largest movements
- Cash +€3,637
up €3,637 (+26.1%), from €13,952 to €17,589
mainly Depreciation (+€6,954) and Receivables within one year (+€1,428)
- Tangible fixed assets -€1,518
down €1,518 (-6.6%), from €22,915 to €21,398
of which Furniture and vehicles: -€1,378
- Receivables within one year -€1,428
down €1,428 (-100%), from €1,428 to €0
- Other debts -€886
down €886 (-62.9%), from €1,409 to €523
- Tax, wage and social debts +€843
up €843 (+36.2%), from €2,327 to €3,171
- Reserves +€478
up €478 (+1.6%), from €29,843 to €30,322
of which Distributable reserves: +€478
- Financial income -€13,039
down €13,039 (-99.2%), from €13,142 to €102
- Gross operating margin +€6,000
up €6,000 (+116%), from €5,183 to €11,183
- Taxes -€2,848
down €2,848 (-77.5%), from €3,675 to €827
- Other operating charges +€956
up €956 (+567%), from €169 to €1,125
- Depreciation +€613
up €613 (+9.7%), from €6,342 to €6,954
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 | €39,899 | €40,259 | +€360 | +0.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €22,915 | €21,398 | -€1,518 | -6.6% |
| Tangible fixed assets | 22/27 | €22,915 | €21,398 | -€1,518 | -6.6% |
| Land and buildings | 22 | €659 | €519 | -€140 | -21.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €22,256 | €20,879 | -€1,378 | -6.2% |
| Current assets | 29/58 | €16,984 | €18,861 | +€1,877 | +11.1% |
| Amounts receivable within one year | 40/41 | €1,428 | €0 | -€1,428 | -100% |
| Trade receivables | 40 | €1,428 | €0 | -€1,428 | -100% |
| Cash at bank and in hand | 54/58 | €13,952 | €17,589 | +€3,637 | +26.1% |
| Deferred charges and accrued income | 490/1 | €1,604 | €1,272 | -€332 | -20.7% |
| Total equity and liabilities | 10/49 | €39,899 | €40,259 | +€360 | +0.9% |
| Equity | 10/15 | €36,043 | €36,522 | +€478 | +1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,843 | €30,322 | +€478 | +1.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €25,483 | €25,962 | +€478 | +1.9% |
| Amounts payable | 17/49 | €3,856 | €3,737 | -€118 | -3.1% |
| Amounts payable within one year | 42/48 | €3,856 | €3,737 | -€118 | -3.1% |
| Trade debts | 44 | €119 | €43 | -€76 | -63.5% |
| Suppliers | 440/4 | €119 | €43 | -€76 | -63.5% |
| Taxes, remuneration and social security | 45 | €2,327 | €3,171 | +€843 | +36.2% |
| Taxes | 450/3 | €2,327 | €3,171 | +€843 | +36.2% |
| Other amounts payable | 47/48 | €1,409 | €523 | -€886 | -62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,342 | €6,954 | +€613 | +9.7% |
| Other operating charges | 640/8 | €169 | €1,125 | +€956 | +567% |
| Non-recurring operating charges | 66A | €390 | €0 | -€390 | -100% |
| Gross operating margin | 9900 | €5,183 | €11,183 | +€6,000 | +116% |
| Operating profit (loss) | 9901 | -€1,718 | €3,104 | +€4,821 | |
| Financial income | 75/76B | €13,142 | €102 | -€13,039 | -99.2% |
| Recurring financial income | 75 | €13,142 | €102 | -€13,039 | -99.2% |
| Financial charges | 65/66B | €2,036 | €1,900 | -€136 | -6.7% |
| Recurring financial charges | 65 | €2,036 | €1,900 | -€136 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €9,388 | €1,306 | -€8,082 | -86.1% |
| Income taxes | 67/77 | €3,675 | €827 | -€2,848 | -77.5% |
| Profit (loss) for the period | 9904 | €5,712 | €478 | -€5,234 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,712 | €478 | -€5,234 | -91.6% |
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 15 October 2026 via checked.be.