EVIDENCE-BASED CONSULTING: what changed
Two fiscal 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.
EVIDENCE-BASED CONSULTING
Largest movements
- Current investments -€733,037
no longer reported in 2025 (was €733,037)
- Cash +€353,658
up €353,658 (+3368.2%), from €10,500 to €364,158
mainly Current investments (+€733,037) and Net result for the year (+€69,997)
- Deferred charges and accrued income +€10,768
new in 2025: €10,768
- Reserves -€309,482
down €309,482 (-49.5%), from €625,380 to €315,899
- Contributions -€100,000
no longer reported in 2025 (was €100,000)
- Other debts +€52,362
up €52,362 (+1242.1%), from €4,216 to €56,578
- Trade debts -€11,620
down €11,620 (-99.0%), from €11,736 to €115
of which Bills of exchange payable: -€10,670
- Financial charges +€18,294
up €18,294 (+47.7%), from €38,384 to €56,677
- Taxes -€12,803
down €12,803 (-42.7%), from €30,017 to €17,215
- Purchases and services -€4,549
down €4,549 (-5.7%), from €79,593 to €75,044
- Gross operating margin +€2,248
up €2,248 (+1.6%), from €142,946 to €145,194
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.
Cash bridge derived
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 | €758,649 | €388,720 | -€369,929 | -48.8% |
| Fixed assets | 21/28 | €168 | - | -€168 | |
| Tangible fixed assets | 22/27 | €168 | - | -€168 | |
| Furniture and vehicles | 24 | €168 | - | -€168 | |
| Current assets | 29/58 | €758,481 | €388,720 | -€369,761 | -48.8% |
| Amounts receivable within one year | 40/41 | €14,944 | €13,794 | -€1,150 | -7.7% |
| Trade receivables | 40 | €14,944 | €13,794 | -€1,150 | -7.7% |
| Current investments | 50/53 | €733,037 | - | -€733,037 | |
| Cash at bank and in hand | 54/58 | €10,500 | €364,158 | +€353,658 | +3368.2% |
| Deferred charges and accrued income | 490/1 | - | €10,768 | +€10,768 | |
| Total equity and liabilities | 10/49 | €758,649 | €388,720 | -€369,929 | -48.8% |
| Equity | 10/15 | €725,380 | €315,899 | -€409,482 | -56.5% |
| Contributions | 10/11 | €100,000 | - | -€100,000 | |
| Reserves | 13 | €625,380 | €315,899 | -€309,482 | -49.5% |
| Distributable reserves | 133 | €625,380 | €315,899 | -€309,482 | -49.5% |
| Amounts payable | 17/49 | €33,268 | €72,821 | +€39,553 | +118.9% |
| Amounts payable within one year | 42/48 | €33,268 | €72,821 | +€39,553 | +118.9% |
| Trade debts | 44 | €11,736 | €115 | -€11,620 | -99.0% |
| Suppliers | 440/4 | €1,066 | €115 | -€951 | -89.2% |
| Bills of exchange payable | 441 | €10,670 | - | -€10,670 | |
| Taxes, remuneration and social security | 45 | €17,317 | €16,128 | -€1,189 | -6.9% |
| Taxes | 450/3 | €17,317 | €16,128 | -€1,189 | -6.9% |
| Other amounts payable | 47/48 | €4,216 | €56,578 | +€52,362 | +1242.1% |
| Turnover | 70 | €209,000 | €207,239 | -€1,761 | -0.8% |
| Non-recurring operating income | 76A | €13,539 | €13,000 | -€540 | -4.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €79,593 | €75,044 | -€4,549 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €388 | €168 | -€220 | -56.7% |
| Other operating charges | 640/8 | €716 | €1,138 | +€423 | +59.1% |
| Gross operating margin | 9900 | €142,946 | €145,194 | +€2,248 | +1.6% |
| Operating profit (loss) | 9901 | €141,843 | €143,888 | +€2,046 | +1.4% |
| Financial charges | 65/66B | €38,384 | €56,677 | +€18,294 | +47.7% |
| Recurring financial charges | 65 | €38,384 | €56,677 | +€18,294 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €103,459 | €87,211 | -€16,248 | -15.7% |
| Income taxes | 67/77 | €30,017 | €17,215 | -€12,803 | -42.7% |
| Profit (loss) for the period | 9904 | €73,442 | €69,997 | -€3,445 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,442 | €69,997 | -€3,445 | -4.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.