ETUGEST CONSULT: 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.
ETUGEST CONSULT
Largest movements
- Receivables within one year +€1,972
up €1,972 (+13.1%), from €15,092 to €17,063
- Profit (loss) carried forward +€1,972
up €1,972 (+14.8%), from -€13,284 to -€11,312
- Gross operating margin -€7,263
down €7,263 (-75.4%), from €9,634 to €2,371
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 | €15,316 | €17,288 | +€1,972 | +12.9% |
| Current assets | 29/58 | €15,316 | €17,288 | +€1,972 | +12.9% |
| Amounts receivable within one year | 40/41 | €15,092 | €17,063 | +€1,972 | +13.1% |
| Other amounts receivable | 41 | €15,092 | €17,063 | +€1,972 | +13.1% |
| Cash at bank and in hand | 54/58 | €225 | €225 | = | 0.0% |
| Total equity and liabilities | 10/49 | €15,316 | €17,288 | +€1,972 | +12.9% |
| Equity | 10/15 | €15,316 | €17,288 | +€1,972 | +12.9% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Reserves | 13 | €2,600 | €2,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,600 | €2,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,600 | €2,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,284 | -€11,312 | +€1,972 | +14.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €9,634 | €2,371 | -€7,263 | -75.4% |
| Operating profit (loss) | 9901 | €9,247 | €1,972 | -€7,276 | -78.7% |
| Financial charges | 65/66B | €45 | - | -€45 | |
| Recurring financial charges | 65 | €45 | - | -€45 | |
| Profit (loss) for the period before taxes | 9903 | €9,202 | €1,972 | -€7,231 | -78.6% |
| Profit (loss) for the period | 9904 | €9,202 | €1,972 | -€7,231 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,202 | €1,972 | -€7,231 | -78.6% |
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 27 October 2026 via checked.be.