EUROPE CONSULTANCY: what changed
EUROPE CONSULTANCY
Largest movements
- Cash -€61,072
down €61,072 (-93.7%), from €65,158 to €4,086
mainly Contributions, distributions and other (-€42,025) and Trade debts (-€25,155)
- Tangible fixed assets +€15,904
up €15,904 (+4,576%), from €348 to €16,252
of which Furniture and vehicles: +€10,599
- Receivables within one year +€5,845
up €5,845 (+48.6%), from €12,019 to €17,864
of which Trade receivables: +€5,845
- Trade debts -€25,155
down €25,155 (-100.0%), from €25,166 to €11
- Debts after one year +€25,000
new in 2025: €25,000
- Reserves -€13,427
down €13,427 (-61.7%), from €21,768 to €8,341
of which Distributable reserves: -€11,567
- Other debts -€11,464
no longer reported in 2025 (was €11,464)
- Contributions -€10,400
down €10,400 (-83.9%), from €12,400 to €2,000
- Gross operating margin +€33,457
up €33,457, from -€826 to €32,631
- Taxes +€7,436
up €7,436 (+5,809%), from €128 to €7,564
- Other operating charges -€6,892
down €6,892 (-71.9%), from €9,580 to €2,688
- Depreciation +€3,517
up €3,517 (+895%), from €393 to €3,909
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,479 | €39,515 | -€38,964 | -49.6% |
| Fixed assets | 21/28 | €408 | €16,312 | +€15,904 | +3,900% |
| Tangible fixed assets | 22/27 | €348 | €16,252 | +€15,904 | +4,576% |
| Plant, machinery and equipment | 23 | - | €3,804 | +€3,804 | |
| Furniture and vehicles | 24 | €348 | €10,946 | +€10,599 | +3,049% |
| Other tangible fixed assets | 26 | - | €1,501 | +€1,501 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €78,071 | €23,203 | -€54,868 | -70.3% |
| Amounts receivable within one year | 40/41 | €12,019 | €17,864 | +€5,845 | +48.6% |
| Trade receivables | 40 | €10,084 | €15,929 | +€5,845 | +58.0% |
| Other amounts receivable | 41 | €1,935 | €1,935 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,158 | €4,086 | -€61,072 | -93.7% |
| Deferred charges and accrued income | 490/1 | €895 | €1,253 | +€359 | +40.1% |
| Total equity and liabilities | 10/49 | €78,479 | €39,515 | -€38,964 | -49.6% |
| Equity | 10/15 | €34,168 | €10,574 | -€23,594 | -69.1% |
| Contributions | 10/11 | €12,400 | €2,000 | -€10,400 | -83.9% |
| Reserves | 13 | €21,768 | €8,341 | -€13,427 | -61.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €19,908 | €8,341 | -€11,567 | -58.1% |
| Profit (loss) carried forward | 14 | - | €233 | +€233 | |
| Amounts payable | 17/49 | €44,311 | €28,941 | -€15,370 | -34.7% |
| Amounts payable after more than one year | 17 | - | €25,000 | +€25,000 | |
| Other amounts payable | 178/9 | - | €25,000 | +€25,000 | |
| Amounts payable within one year | 42/48 | €44,286 | €3,941 | -€40,345 | -91.1% |
| Trade debts | 44 | €25,166 | €11 | -€25,155 | -100.0% |
| Suppliers | 440/4 | €25,166 | €11 | -€25,155 | -100.0% |
| Taxes, remuneration and social security | 45 | €7,657 | €3,930 | -€3,726 | -48.7% |
| Taxes | 450/3 | €7,657 | €1,844 | -€5,812 | -75.9% |
| Remuneration and social security | 454/9 | - | €2,086 | +€2,086 | |
| Other amounts payable | 47/48 | €11,464 | - | -€11,464 | |
| Accrued charges and deferred income | 492/3 | €25 | - | -€25 | |
| Non-recurring operating income | 76A | - | €4,821 | +€4,821 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €393 | €3,909 | +€3,517 | +895% |
| Other operating charges | 640/8 | €9,580 | €2,688 | -€6,892 | -71.9% |
| Gross operating margin | 9900 | -€826 | €32,631 | +€33,457 | |
| Operating profit (loss) | 9901 | -€10,798 | €26,034 | +€36,832 | |
| Financial income | 75/76B | €216 | €170 | -€46 | -21.1% |
| Recurring financial income | 75 | €216 | €170 | -€46 | -21.1% |
| Financial charges | 65/66B | €160 | €209 | +€49 | +30.9% |
| Recurring financial charges | 65 | €160 | €209 | +€49 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,742 | €25,995 | +€36,737 | |
| Income taxes | 67/77 | €128 | €7,564 | +€7,436 | +5,809% |
| Profit (loss) for the period | 9904 | -€10,870 | €18,431 | +€29,301 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,870 | €18,431 | +€29,301 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.