EN 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.
EN CONSULTING
Largest movements
- Tangible fixed assets -€193,677
down €193,677 (-81.6%), from €237,335 to €43,659
of which Land and buildings: -€211,585
- Receivables within one year +€86,954
up €86,954 (+193%), from €45,036 to €131,990
of which Other amounts receivable: +€97,032
- Cash +€80,285
up €80,285 (+46.5%), from €172,612 to €252,897
mainly Investment in fixed assets (net) (+€182,267) and Net result for the year (+€37,574)
- Deferred charges and accrued income +€5,588
up €5,588 (+147%), from €3,800 to €9,388
- Reserves -€29,000
down €29,000 (-7.9%), from €367,000 to €338,000
of which Distributable reserves: -€27,640
- Other debts +€17,575
up €17,575 (+38.5%), from €45,600 to €63,175
- Tax, wage and social debts -€8,997
down €8,997 (-22.8%), from €39,411 to €30,413
- Gross operating margin -€55,515
down €55,515 (-42.5%), from €130,574 to €75,058
- Other operating charges -€12,350
down €12,350 (-81.3%), from €15,199 to €2,849
- Depreciation -€7,600
down €7,600 (-40.0%), from €19,010 to €11,410
- Taxes -€6,256
down €6,256 (-18.9%), from €33,144 to €26,888
- Financial income +€3,014
up €3,014 (+244%), from €1,233 to €4,247
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 | €465,082 | €447,886 | -€17,196 | -3.7% |
| Fixed assets | 21/28 | €237,335 | €43,659 | -€193,677 | -81.6% |
| Tangible fixed assets | 22/27 | €237,335 | €43,659 | -€193,677 | -81.6% |
| Land and buildings | 22 | €211,585 | - | -€211,585 | |
| Plant, machinery and equipment | 23 | €7,835 | €5,856 | -€1,979 | -25.3% |
| Furniture and vehicles | 24 | €17,915 | €32,302 | +€14,387 | +80.3% |
| Other tangible fixed assets | 26 | - | €5,500 | +€5,500 | |
| Current assets | 29/58 | €227,747 | €404,228 | +€176,481 | +77.5% |
| Stocks and contracts in progress | 3 | €6,300 | €9,953 | +€3,653 | +58.0% |
| Stocks | 30/36 | €6,300 | €9,953 | +€3,653 | +58.0% |
| Amounts receivable within one year | 40/41 | €45,036 | €131,990 | +€86,954 | +193% |
| Trade receivables | 40 | €27,539 | €17,461 | -€10,078 | -36.6% |
| Other amounts receivable | 41 | €17,497 | €114,529 | +€97,032 | +555% |
| Cash at bank and in hand | 54/58 | €172,612 | €252,897 | +€80,285 | +46.5% |
| Deferred charges and accrued income | 490/1 | €3,800 | €9,388 | +€5,588 | +147% |
| Total equity and liabilities | 10/49 | €465,082 | €447,886 | -€17,196 | -3.7% |
| Equity | 10/15 | €379,561 | €350,635 | -€28,926 | -7.6% |
| Contributions | 10/11 | €7,720 | €7,720 | = | 0.0% |
| Capital | 10 | €7,720 | - | -€7,720 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €10,880 | - | -€10,880 | |
| Reserves | 13 | €367,000 | €338,000 | -€29,000 | -7.9% |
| Non-distributable reserves | 130/1 | €1,360 | - | -€1,360 | |
| Legal reserve | 130 | €1,360 | - | -€1,360 | |
| Distributable reserves | 133 | €365,640 | €338,000 | -€27,640 | -7.6% |
| Profit (loss) carried forward | 14 | €4,841 | €4,915 | +€74 | +1.5% |
| Amounts payable | 17/49 | €85,521 | €97,251 | +€11,730 | +13.7% |
| Amounts payable within one year | 42/48 | €85,521 | €97,251 | +€11,730 | +13.7% |
| Trade debts | 44 | €511 | €3,663 | +€3,152 | +617% |
| Suppliers | 440/4 | €511 | €3,663 | +€3,152 | +617% |
| Taxes, remuneration and social security | 45 | €39,411 | €30,413 | -€8,997 | -22.8% |
| Taxes | 450/3 | €39,411 | €30,413 | -€8,997 | -22.8% |
| Other amounts payable | 47/48 | €45,600 | €63,175 | +€17,575 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,010 | €11,410 | -€7,600 | -40.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €315 | +€315 | |
| Other operating charges | 640/8 | €15,199 | €2,849 | -€12,350 | -81.3% |
| Gross operating margin | 9900 | €130,574 | €75,058 | -€55,515 | -42.5% |
| Operating profit (loss) | 9901 | €96,365 | €60,485 | -€35,880 | -37.2% |
| Financial income | 75/76B | €1,233 | €4,247 | +€3,014 | +244% |
| Recurring financial income | 75 | €1,233 | €4,247 | +€3,014 | +244% |
| Financial charges | 65/66B | €227 | €269 | +€43 | +18.8% |
| Recurring financial charges | 65 | €227 | €269 | +€43 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €97,371 | €64,462 | -€32,909 | -33.8% |
| Income taxes | 67/77 | €33,144 | €26,888 | -€6,256 | -18.9% |
| Profit (loss) for the period | 9904 | €64,227 | €37,574 | -€26,653 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,227 | €37,574 | -€26,653 | -41.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.