ENDECO 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.
ENDECO CONSULTING
Largest movements
- Tangible fixed assets -€10,767
down €10,767 (-62.2%), from €17,305 to €6,539
of which Leasing and similar rights: -€10,586
- Receivables within one year +€3,182
up €3,182 (+17.3%), from €18,355 to €21,537
- Reserves -€8,503
down €8,503 (-16.4%), from €51,846 to €43,343
- Tax, wage and social debts +€3,228
up €3,228 (+64.2%), from €5,032 to €8,260
- Trade debts -€1,894
down €1,894 (-39.8%), from €4,758 to €2,864
- Gross operating margin +€3,420
up €3,420 (+12.2%), from €28,073 to €31,493
- Depreciation -€1,888
down €1,888 (-13.2%), from €14,292 to €12,403
- Taxes +€1,392
up €1,392 (+25.7%), from €5,418 to €6,810
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 | €71,464 | €64,132 | -€7,331 | -10.3% |
| Fixed assets | 21/28 | €17,305 | €6,539 | -€10,767 | -62.2% |
| Tangible fixed assets | 22/27 | €17,305 | €6,539 | -€10,767 | -62.2% |
| Furniture and vehicles | 24 | €152 | €1,166 | +€1,014 | +668% |
| Leasing and similar rights | 25 | €10,586 | €0 | -€10,586 | -100% |
| Other tangible fixed assets | 26 | €6,568 | €5,373 | -€1,195 | -18.2% |
| Current assets | 29/58 | €54,158 | €57,594 | +€3,435 | +6.3% |
| Amounts receivable within one year | 40/41 | €18,355 | €21,537 | +€3,182 | +17.3% |
| Trade receivables | 40 | €18,355 | €21,537 | +€3,182 | +17.3% |
| Cash at bank and in hand | 54/58 | €35,346 | €35,786 | +€440 | +1.2% |
| Deferred charges and accrued income | 490/1 | €458 | €271 | -€187 | -40.9% |
| Total equity and liabilities | 10/49 | €71,464 | €64,132 | -€7,331 | -10.3% |
| Equity | 10/15 | €58,046 | €49,543 | -€8,503 | -14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,846 | €43,343 | -€8,503 | -16.4% |
| Distributable reserves | 133 | €51,846 | €43,343 | -€8,503 | -16.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,418 | €14,589 | +€1,171 | +8.7% |
| Amounts payable within one year | 42/48 | €13,418 | €14,589 | +€1,171 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,758 | €2,864 | -€1,894 | -39.8% |
| Suppliers | 440/4 | €4,758 | €2,864 | -€1,894 | -39.8% |
| Taxes, remuneration and social security | 45 | €5,032 | €8,260 | +€3,228 | +64.2% |
| Taxes | 450/3 | €5,032 | €8,260 | +€3,228 | +64.2% |
| Other amounts payable | 47/48 | €3,628 | €3,466 | -€162 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,292 | €12,403 | -€1,888 | -13.2% |
| Other operating charges | 640/8 | €534 | €632 | +€97 | +18.2% |
| Gross operating margin | 9900 | €28,073 | €31,493 | +€3,420 | +12.2% |
| Operating profit (loss) | 9901 | €13,247 | €18,458 | +€5,211 | +39.3% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €250 | €16 | -€234 | -93.6% |
| Recurring financial charges | 65 | €250 | €16 | -€234 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | €12,998 | €18,442 | +€5,443 | +41.9% |
| Income taxes | 67/77 | €5,418 | €6,810 | +€1,392 | +25.7% |
| Profit (loss) for the period | 9904 | €7,581 | €11,632 | +€4,051 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,581 | €11,632 | +€4,051 | +53.4% |
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 20 October 2026 via checked.be.