ELSEWHERE 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.
ELSEWHERE CONSULTING
Largest movements
- Current investments +€75,000
up €75,000 (+600%), from €12,500 to €87,500
- Cash -€60,675
down €60,675 (-56.1%), from €108,072 to €47,397
mainly Current investments (-€75,000) and Receivables within one year (-€11,413)
- Receivables within one year +€11,413
up €11,413 (+861%), from €1,326 to €12,739
of which Trade receivables: +€12,300
- Reserves +€19,993
up €19,993 (+26.2%), from €76,381 to €96,374
of which Distributable reserves: +€19,993
- Tax, wage and social debts +€6,847
up €6,847 (+4,565%), from €150 to €6,997
- Profit (loss) carried forward +€3,566
no longer reported in 2025 (was -€3,566)
- Trade debts -€2,042
down €2,042 (-88.1%), from €2,318 to €276
- Gross operating margin +€32,817
up €32,817, from -€299 to €32,517
- Taxes +€9,266
up €9,266, from -€162 to €9,104
- Financial income +€1,776
new in 2025: €1,776
- Depreciation -€1,047
down €1,047 (-63.0%), from €1,663 to €615
- Financial charges -€493
down €493 (-75.0%), from €657 to €164
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 | €144,513 | €170,683 | +€26,170 | +18.1% |
| Fixed assets | 21/28 | €20,657 | €20,042 | -€615 | -3.0% |
| Tangible fixed assets | 22/27 | €667 | €52 | -€615 | -92.3% |
| Plant, machinery and equipment | 23 | €244 | €52 | -€192 | -78.8% |
| Furniture and vehicles | 24 | €423 | - | -€423 | |
| Financial fixed assets | 28 | €19,990 | €19,990 | = | 0.0% |
| Current assets | 29/58 | €123,856 | €150,641 | +€26,785 | +21.6% |
| Amounts receivable within one year | 40/41 | €1,326 | €12,739 | +€11,413 | +861% |
| Trade receivables | 40 | €405 | €12,705 | +€12,300 | +3,037% |
| Other amounts receivable | 41 | €921 | €34 | -€887 | -96.3% |
| Current investments | 50/53 | €12,500 | €87,500 | +€75,000 | +600% |
| Cash at bank and in hand | 54/58 | €108,072 | €47,397 | -€60,675 | -56.1% |
| Deferred charges and accrued income | 490/1 | €1,958 | €3,006 | +€1,047 | +53.5% |
| Total equity and liabilities | 10/49 | €144,513 | €170,683 | +€26,170 | +18.1% |
| Equity | 10/15 | €85,215 | €108,774 | +€23,558 | +27.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €76,381 | €96,374 | +€19,993 | +26.2% |
| 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 | €74,521 | €94,514 | +€19,993 | +26.8% |
| Profit (loss) carried forward | 14 | -€3,566 | - | +€3,566 | |
| Amounts payable | 17/49 | €59,298 | €61,909 | +€2,611 | +4.4% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,061 | €9,985 | +€3,925 | +64.8% |
| Financial debts | 43 | €350 | - | -€350 | |
| Other loans | 439 | €350 | - | -€350 | |
| Trade debts | 44 | €2,318 | €276 | -€2,042 | -88.1% |
| Suppliers | 440/4 | €2,318 | €276 | -€2,042 | -88.1% |
| Taxes, remuneration and social security | 45 | €150 | €6,997 | +€6,847 | +4,565% |
| Taxes | 450/3 | €150 | €6,997 | +€6,847 | +4,565% |
| Other amounts payable | 47/48 | €3,243 | €2,712 | -€531 | -16.4% |
| Accrued charges and deferred income | 492/3 | €3,237 | €1,924 | -€1,313 | -40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,663 | €615 | -€1,047 | -63.0% |
| Other operating charges | 640/8 | €1,109 | €850 | -€258 | -23.3% |
| Gross operating margin | 9900 | -€299 | €32,517 | +€32,817 | |
| Operating profit (loss) | 9901 | -€3,071 | €31,051 | +€34,122 | |
| Financial income | 75/76B | - | €1,776 | +€1,776 | |
| Recurring financial income | 75 | - | €1,776 | +€1,776 | |
| Financial charges | 65/66B | €657 | €164 | -€493 | -75.0% |
| Recurring financial charges | 65 | €657 | €164 | -€493 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,728 | €32,663 | +€36,390 | |
| Income taxes | 67/77 | -€162 | €9,104 | +€9,266 | |
| Profit (loss) for the period | 9904 | -€3,566 | €23,558 | +€27,124 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,566 | €23,558 | +€27,124 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.