DE-CONSULT: 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.
DE-CONSULT
Largest movements
- Current investments -€460,000
no longer reported in 2025 (was €460,000)
- Cash +€382,451
up €382,451 (+138.0%), from €277,226 to €659,678
mainly Current investments (+€460,000) and Net result for the year (+€39,062)
- Receivables within one year +€120,892
up €120,892 (+11.6%), from €1.0m to €1.2m
of which Other amounts receivable: +€117,867
- Reserves +€39,062
up €39,062 (+2.3%), from €1.7m to €1.7m
of which Distributable reserves: +€39,062
- Financial income -€9,634
down €9,634 (-36.5%), from €26,386 to €16,752
- Taxes -€4,792
down €4,792 (-21.7%), from €22,090 to €17,298
- Gross operating margin +€1,937
up €1,937 (+3.8%), from €51,307 to €53,245
- Other operating charges +€996
up €996 (+58.9%), from €1,691 to €2,687
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 | €1,798,393 | €1,831,099 | +€32,706 | +1.8% |
| Fixed assets | 21/28 | €16,792 | €6,155 | -€10,637 | -63.3% |
| Tangible fixed assets | 22/27 | €16,792 | €6,155 | -€10,637 | -63.3% |
| Plant, machinery and equipment | 23 | €1,669 | €911 | -€758 | -45.4% |
| Furniture and vehicles | 24 | €15,123 | €5,244 | -€9,879 | -65.3% |
| Current assets | 29/58 | €1,781,601 | €1,824,944 | +€43,343 | +2.4% |
| Amounts receivable within one year | 40/41 | €1,044,375 | €1,165,267 | +€120,892 | +11.6% |
| Trade receivables | 40 | - | €3,025 | +€3,025 | |
| Other amounts receivable | 41 | €1,044,375 | €1,162,242 | +€117,867 | +11.3% |
| Current investments | 50/53 | €460,000 | - | -€460,000 | |
| Cash at bank and in hand | 54/58 | €277,226 | €659,678 | +€382,451 | +138.0% |
| Total equity and liabilities | 10/49 | €1,798,393 | €1,831,099 | +€32,706 | +1.8% |
| Equity | 10/15 | €1,791,420 | €1,830,481 | +€39,062 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,674,348 | €1,713,410 | +€39,062 | +2.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,672,488 | €1,711,550 | +€39,062 | +2.3% |
| Profit (loss) carried forward | 14 | €98,471 | €98,471 | = | 0.0% |
| Amounts payable | 17/49 | €6,974 | €618 | -€6,356 | -91.1% |
| Amounts payable within one year | 42/48 | €6,974 | €618 | -€6,356 | -91.1% |
| Trade debts | 44 | €404 | €229 | -€175 | -43.4% |
| Suppliers | 440/4 | €404 | €229 | -€175 | -43.4% |
| Taxes, remuneration and social security | 45 | €6,569 | €389 | -€6,180 | -94.1% |
| Taxes | 450/3 | €5,103 | €389 | -€4,714 | -92.4% |
| Remuneration and social security | 454/9 | €1,466 | - | -€1,466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,803 | €10,914 | +€111 | +1.0% |
| Other operating charges | 640/8 | €1,691 | €2,687 | +€996 | +58.9% |
| Gross operating margin | 9900 | €51,307 | €53,245 | +€1,937 | +3.8% |
| Operating profit (loss) | 9901 | €38,813 | €39,644 | +€831 | +2.1% |
| Financial income | 75/76B | €26,386 | €16,752 | -€9,634 | -36.5% |
| Recurring financial income | 75 | €26,386 | €16,752 | -€9,634 | -36.5% |
| Financial charges | 65/66B | €133 | €37 | -€96 | -72.3% |
| Recurring financial charges | 65 | €133 | €37 | -€96 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | €65,066 | €56,359 | -€8,706 | -13.4% |
| Income taxes | 67/77 | €22,090 | €17,298 | -€4,792 | -21.7% |
| Profit (loss) for the period | 9904 | €42,976 | €39,062 | -€3,914 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,976 | €39,062 | -€3,914 | -9.1% |
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 5 October 2026 via checked.be.