E&S Consilium: 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&S Consilium
Largest movements
- Receivables within one year +€28,493
up €28,493 (+42.9%), from €66,418 to €94,911
of which Trade receivables: +€31,831
- Cash +€26,292
up €26,292 (+1,138%), from €2,310 to €28,602
mainly Net result for the year (+€67,503) and Tax, wage and social debts (+€31,635)
- Tangible fixed assets -€22,369
down €22,369 (-2.6%), from €868,901 to €846,532
of which Land and buildings: -€20,644
- Reserves +€67,503
up €67,503 (+27.8%), from €243,056 to €310,559
- Debts after one year -€55,723
down €55,723 (-5.5%), from €1.0m to €952,217
of which Financial debts: -€45,809
- Tax, wage and social debts +€31,635
up €31,635 (+163%), from €19,457 to €51,093
- Gross operating margin +€91,714
up €91,714 (+167%), from €54,995 to €146,710
- Depreciation -€24,538
down €24,538 (-51.0%), from €48,146 to €23,608
- Taxes +€22,588
up €22,588 (+382%), from €5,909 to €28,497
- Financial charges +€8,724
up €8,724 (+68.7%), from €12,706 to €21,430
- Other operating charges -€1,853
down €1,853 (-24.6%), from €7,539 to €5,686
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 | €1,331,156 | €1,364,131 | +€32,976 | +2.5% |
| Fixed assets | 21/28 | €1,258,901 | €1,236,532 | -€22,369 | -1.8% |
| Tangible fixed assets | 22/27 | €868,901 | €846,532 | -€22,369 | -2.6% |
| Land and buildings | 22 | €859,143 | €838,499 | -€20,644 | -2.4% |
| Plant, machinery and equipment | 23 | €3,553 | €2,809 | -€744 | -21.0% |
| Furniture and vehicles | 24 | €6,205 | €5,224 | -€981 | -15.8% |
| Financial fixed assets | 28 | €390,000 | €390,000 | = | 0.0% |
| Current assets | 29/58 | €72,255 | €127,600 | +€55,345 | +76.6% |
| Amounts receivable within one year | 40/41 | €66,418 | €94,911 | +€28,493 | +42.9% |
| Trade receivables | 40 | €61,859 | €93,690 | +€31,831 | +51.5% |
| Other amounts receivable | 41 | €4,559 | €1,221 | -€3,339 | -73.2% |
| Cash at bank and in hand | 54/58 | €2,310 | €28,602 | +€26,292 | +1,138% |
| Deferred charges and accrued income | 490/1 | €3,526 | €4,087 | +€561 | +15.9% |
| Total equity and liabilities | 10/49 | €1,331,156 | €1,364,131 | +€32,976 | +2.5% |
| Equity | 10/15 | €248,056 | €315,559 | +€67,503 | +27.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €243,056 | €310,559 | +€67,503 | +27.8% |
| Distributable reserves | 133 | €243,056 | €310,559 | +€67,503 | +27.8% |
| Amounts payable | 17/49 | €1,083,100 | €1,048,573 | -€34,527 | -3.2% |
| Amounts payable after more than one year | 17 | €1,007,940 | €952,217 | -€55,723 | -5.5% |
| Financial debts | 170/4 | €389,599 | €343,790 | -€45,809 | -11.8% |
| Other amounts payable | 178/9 | €618,341 | €608,427 | -€9,914 | -1.6% |
| Amounts payable within one year | 42/48 | €75,159 | €96,356 | +€21,196 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €49,217 | €41,309 | -€7,907 | -16.1% |
| Financial debts | 43 | €46 | €0 | -€46 | -100% |
| Credit institutions | 430/8 | €46 | €0 | -€46 | -100% |
| Trade debts | 44 | €6,439 | €3,954 | -€2,485 | -38.6% |
| Suppliers | 440/4 | €6,439 | €3,954 | -€2,485 | -38.6% |
| Taxes, remuneration and social security | 45 | €19,457 | €51,093 | +€31,635 | +163% |
| Taxes | 450/3 | €19,457 | €51,093 | +€31,635 | +163% |
| Non-recurring operating income | 76A | - | €13,122 | +€13,122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,146 | €23,608 | -€24,538 | -51.0% |
| Other operating charges | 640/8 | €7,539 | €5,686 | -€1,853 | -24.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €54,995 | €146,710 | +€91,714 | +167% |
| Operating profit (loss) | 9901 | -€690 | €117,416 | +€118,106 | |
| Financial income | 75/76B | €0 | €14 | +€14 | +34,525% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +34,525% |
| Financial charges | 65/66B | €12,706 | €21,430 | +€8,724 | +68.7% |
| Recurring financial charges | 65 | €12,706 | €21,430 | +€8,724 | +68.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,396 | €96,000 | +€109,396 | |
| Income taxes | 67/77 | €5,909 | €28,497 | +€22,588 | +382% |
| Profit (loss) for the period | 9904 | -€19,305 | €67,503 | +€86,808 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,305 | €67,503 | +€86,808 |
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 30 October 2026 via checked.be.