Electric Sheep 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.
Electric Sheep Consulting
Largest movements
- Current investments +€14,750
new in 2025: €14,750
- Cash +€13,070
up €13,070 (+89.9%), from €14,542 to €27,611
mainly Net result for the year (+€26,889) and Depreciation (+€3,747)
- Tangible fixed assets -€3,747
down €3,747 (-37.4%), from €10,008 to €6,261
of which Plant, machinery and equipment: -€2,822
- Receivables within one year +€2,870
up €2,870 (+18.2%), from €15,785 to €18,655
of which Other amounts receivable: +€6,812
- Reserves +€26,889
up €26,889 (+87.3%), from €30,812 to €57,701
- Tax, wage and social debts -€2,402
down €2,402 (-51.2%), from €4,695 to €2,293
- Other debts +€1,482
up €1,482 (+211%), from €701 to €2,182
- Gross operating margin +€3,818
up €3,818 (+10.0%), from €38,256 to €42,074
- Taxes +€1,155
up €1,155 (+11.4%), from €10,134 to €11,290
- Depreciation +€854
up €854 (+29.5%), from €2,893 to €3,747
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 | €40,990 | €67,277 | +€26,287 | +64.1% |
| Fixed assets | 21/28 | €10,008 | €6,261 | -€3,747 | -37.4% |
| Tangible fixed assets | 22/27 | €10,008 | €6,261 | -€3,747 | -37.4% |
| Plant, machinery and equipment | 23 | €5,934 | €3,112 | -€2,822 | -47.6% |
| Furniture and vehicles | 24 | €4,074 | €3,149 | -€925 | -22.7% |
| Current assets | 29/58 | €30,982 | €61,016 | +€30,034 | +96.9% |
| Amounts receivable within one year | 40/41 | €15,785 | €18,655 | +€2,870 | +18.2% |
| Trade receivables | 40 | €13,398 | €9,457 | -€3,942 | -29.4% |
| Other amounts receivable | 41 | €2,386 | €9,198 | +€6,812 | +285% |
| Current investments | 50/53 | - | €14,750 | +€14,750 | |
| Cash at bank and in hand | 54/58 | €14,542 | €27,611 | +€13,070 | +89.9% |
| Deferred charges and accrued income | 490/1 | €656 | - | -€656 | |
| Total equity and liabilities | 10/49 | €40,990 | €67,277 | +€26,287 | +64.1% |
| Equity | 10/15 | €33,812 | €60,701 | +€26,889 | +79.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,812 | €57,701 | +€26,889 | +87.3% |
| Distributable reserves | 133 | €30,812 | €57,701 | +€26,889 | +87.3% |
| Amounts payable | 17/49 | €7,178 | €6,576 | -€603 | -8.4% |
| Amounts payable within one year | 42/48 | €7,178 | €6,576 | -€603 | -8.4% |
| Trade debts | 44 | €1,783 | €2,100 | +€318 | +17.8% |
| Suppliers | 440/4 | €1,783 | €2,100 | +€318 | +17.8% |
| Taxes, remuneration and social security | 45 | €4,695 | €2,293 | -€2,402 | -51.2% |
| Taxes | 450/3 | €4,695 | €2,293 | -€2,402 | -51.2% |
| Other amounts payable | 47/48 | €701 | €2,182 | +€1,482 | +211% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,893 | €3,747 | +€854 | +29.5% |
| Other operating charges | 640/8 | €218 | €150 | -€68 | -31.2% |
| Gross operating margin | 9900 | €38,256 | €42,074 | +€3,818 | +10.0% |
| Operating profit (loss) | 9901 | €35,145 | €38,176 | +€3,032 | +8.6% |
| Financial income | 75/76B | - | €189 | +€189 | |
| Recurring financial income | 75 | - | €189 | +€189 | |
| Financial charges | 65/66B | €73 | €187 | +€114 | +158% |
| Recurring financial charges | 65 | €73 | €187 | +€114 | +158% |
| Profit (loss) for the period before taxes | 9903 | €35,072 | €38,179 | +€3,106 | +8.9% |
| Income taxes | 67/77 | €10,134 | €11,290 | +€1,155 | +11.4% |
| Profit (loss) for the period | 9904 | €24,938 | €26,889 | +€1,951 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,938 | €26,889 | +€1,951 | +7.8% |
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.