E&T Consulting Services: 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&T Consulting Services
Largest movements
- Receivables within one year -€9,387
down €9,387 (-38.6%), from €24,297 to €14,910
of which Trade receivables: -€7,649
- Cash -€2,066
down €2,066 (-2.1%), from €100,635 to €98,569
mainly Trade debts (-€11,686) and Contributions, distributions and other (-€1,666)
- Trade debts -€11,686
down €11,686 (-92.7%), from €12,600 to €914
- Reserves -€3,201
down €3,201 (-9.1%), from €35,007 to €31,806
- Other debts +€1,418
up €1,418 (+5.2%), from €27,481 to €28,899
- Gross operating margin -€3,922
down €3,922 (-58.7%), from €6,680 to €2,757
- Taxes -€848
down €848 (-100%), from €848 to €0
- Depreciation +€302
up €302 (+22.3%), from €1,354 to €1,656
- Financial income +€253
up €253 (+167%), from €152 to €405
- Financial charges -€120
down €120 (-5.4%), from €2,232 to €2,112
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 | €133,349 | €119,968 | -€13,382 | -10.0% |
| Fixed assets | 21/28 | €3,446 | €2,915 | -€531 | -15.4% |
| Tangible fixed assets | 22/27 | €3,446 | €2,915 | -€531 | -15.4% |
| Plant, machinery and equipment | 23 | €942 | €1,010 | +€68 | +7.2% |
| Furniture and vehicles | 24 | €2,505 | €1,906 | -€599 | -23.9% |
| Current assets | 29/58 | €129,903 | €117,052 | -€12,850 | -9.9% |
| Stocks and contracts in progress | 3 | €3,564 | €2,841 | -€723 | -20.3% |
| Stocks | 30/36 | €3,564 | €2,841 | -€723 | -20.3% |
| Amounts receivable within one year | 40/41 | €24,297 | €14,910 | -€9,387 | -38.6% |
| Trade receivables | 40 | €21,122 | €13,473 | -€7,649 | -36.2% |
| Other amounts receivable | 41 | €3,175 | €1,437 | -€1,738 | -54.7% |
| Cash at bank and in hand | 54/58 | €100,635 | €98,569 | -€2,066 | -2.1% |
| Deferred charges and accrued income | 490/1 | €1,407 | €733 | -€675 | -47.9% |
| Total equity and liabilities | 10/49 | €133,349 | €119,968 | -€13,382 | -10.0% |
| Equity | 10/15 | €87,007 | €83,806 | -€3,201 | -3.7% |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Reserves | 13 | €35,007 | €31,806 | -€3,201 | -9.1% |
| Distributable reserves | 133 | €35,007 | €31,806 | -€3,201 | -9.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €46,342 | €36,162 | -€10,180 | -22.0% |
| Amounts payable within one year | 42/48 | €44,337 | €34,296 | -€10,041 | -22.6% |
| Financial debts | 43 | €34 | €0 | -€34 | -100% |
| Credit institutions | 430/8 | €34 | €0 | -€34 | -100% |
| Trade debts | 44 | €12,600 | €914 | -€11,686 | -92.7% |
| Suppliers | 440/4 | €12,600 | €914 | -€11,686 | -92.7% |
| Taxes, remuneration and social security | 45 | €4,222 | €4,483 | +€261 | +6.2% |
| Taxes | 450/3 | €2,289 | €2,545 | +€256 | +11.2% |
| Remuneration and social security | 454/9 | €1,933 | €1,938 | +€5 | +0.3% |
| Other amounts payable | 47/48 | €27,481 | €28,899 | +€1,418 | +5.2% |
| Accrued charges and deferred income | 492/3 | €2,005 | €1,866 | -€139 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,354 | €1,656 | +€302 | +22.3% |
| Other operating charges | 640/8 | €751 | €770 | +€20 | +2.6% |
| Non-recurring operating charges | 66A | - | €159 | +€159 | |
| Gross operating margin | 9900 | €6,680 | €2,757 | -€3,922 | -58.7% |
| Operating profit (loss) | 9901 | €4,575 | €172 | -€4,403 | -96.2% |
| Financial income | 75/76B | €152 | €405 | +€253 | +167% |
| Recurring financial income | 75 | €152 | €405 | +€253 | +167% |
| Financial charges | 65/66B | €2,232 | €2,112 | -€120 | -5.4% |
| Recurring financial charges | 65 | €2,232 | €2,112 | -€120 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €2,495 | -€1,535 | -€4,031 | |
| Income taxes | 67/77 | €848 | €0 | -€848 | -100% |
| Profit (loss) for the period | 9904 | €1,647 | -€1,535 | -€3,182 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,647 | -€1,535 | -€3,182 |
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 26 October 2026 via checked.be.