E&L 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.
E&L consulting
Largest movements
- Cash +€225,098
up €225,098 (+301%), from €74,902 to €300,000
mainly Net result for the year (+€338,168) and Other debts (+€113,352)
- Receivables within one year +€37,805
up €37,805 (+93.2%), from €40,562 to €78,368
of which Other amounts receivable: +€38,188
- Receivables after one year -€35,368
down €35,368 (-100%), from €35,368 to €0
- Deferred charges and accrued income +€11,128
up €11,128, from €0 to €11,128
- Tangible fixed assets +€6,913
up €6,913 (+521%), from €1,327 to €8,240
of which Furniture and vehicles: +€4,564
- Reserves +€147,168
up €147,168 (+678%), from €21,691 to €168,859
- Other debts +€113,352
up €113,352 (+146%), from €77,648 to €191,000
- Tax, wage and social debts -€22,527
down €22,527 (-49.1%), from €45,895 to €23,368
- Current portion of long-term debt +€10,344
up €10,344, from €0 to €10,344
- Gross operating margin +€371,815
up €371,815 (+323%), from €115,076 to €486,890
- Taxes +€91,901
up €91,901 (+255%), from €35,987 to €127,888
- Financial charges +€13,811
up €13,811 (+311%), from €4,447 to €18,258
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 | €152,160 | €397,736 | +€245,576 | +161% |
| Fixed assets | 21/28 | €1,327 | €8,240 | +€6,913 | +521% |
| Tangible fixed assets | 22/27 | €1,327 | €8,240 | +€6,913 | +521% |
| Land and buildings | 22 | €556 | €3,008 | +€2,452 | +441% |
| Plant, machinery and equipment | 23 | €501 | €398 | -€103 | -20.6% |
| Furniture and vehicles | 24 | €270 | €4,834 | +€4,564 | +1,690% |
| Current assets | 29/58 | €150,833 | €389,496 | +€238,663 | +158% |
| Amounts receivable after more than one year | 29 | €35,368 | €0 | -€35,368 | -100% |
| Other amounts receivable | 291 | €35,368 | €0 | -€35,368 | -100% |
| Amounts receivable within one year | 40/41 | €40,562 | €78,368 | +€37,805 | +93.2% |
| Trade receivables | 40 | €2,516 | €2,134 | -€382 | -15.2% |
| Other amounts receivable | 41 | €38,047 | €76,234 | +€38,188 | +100% |
| Cash at bank and in hand | 54/58 | €74,902 | €300,000 | +€225,098 | +301% |
| Deferred charges and accrued income | 490/1 | €0 | €11,128 | +€11,128 | |
| Total equity and liabilities | 10/49 | €152,160 | €397,736 | +€245,576 | +161% |
| Equity | 10/15 | €21,791 | €168,959 | +€147,168 | +675% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €21,691 | €168,859 | +€147,168 | +678% |
| Distributable reserves | 133 | €21,691 | €168,859 | +€147,168 | +678% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €130,369 | €228,777 | +€98,408 | +75.5% |
| Amounts payable within one year | 42/48 | €130,369 | €228,777 | +€98,408 | +75.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €10,344 | +€10,344 | |
| Trade debts | 44 | €6,827 | €4,065 | -€2,762 | -40.5% |
| Suppliers | 440/4 | €6,827 | €4,065 | -€2,762 | -40.5% |
| Taxes, remuneration and social security | 45 | €45,895 | €23,368 | -€22,527 | -49.1% |
| Taxes | 450/3 | €45,895 | €23,368 | -€22,527 | -49.1% |
| Other amounts payable | 47/48 | €77,648 | €191,000 | +€113,352 | +146% |
| Non-recurring operating income | 76A | €0 | €5,660 | +€5,660 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €284 | €1,957 | +€1,673 | +589% |
| Other operating charges | 640/8 | €2,106 | €3,188 | +€1,082 | +51.4% |
| Gross operating margin | 9900 | €115,076 | €486,890 | +€371,815 | +323% |
| Operating profit (loss) | 9901 | €112,685 | €481,745 | +€369,060 | +328% |
| Financial income | 75/76B | €1,172 | €2,568 | +€1,396 | +119% |
| Recurring financial income | 75 | €1,172 | €2,568 | +€1,396 | +119% |
| Financial charges | 65/66B | €4,447 | €18,258 | +€13,811 | +311% |
| Recurring financial charges | 65 | €4,447 | €18,258 | +€13,811 | +311% |
| Profit (loss) for the period before taxes | 9903 | €109,410 | €466,056 | +€356,646 | +326% |
| Income taxes | 67/77 | €35,987 | €127,888 | +€91,901 | +255% |
| Profit (loss) for the period | 9904 | €73,424 | €338,168 | +€264,745 | +361% |
| Profit (loss) for the period to be appropriated | 9905 | €73,424 | €338,168 | +€264,745 | +361% |
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 24 October 2026 via checked.be.