Ex 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.
Ex Consulting
Largest movements
- Tangible fixed assets -€8,225
down €8,225 (-16.0%), from €51,258 to €43,033
of which Furniture and vehicles: -€11,041
- Receivables within one year +€3,672
up €3,672 (+8.4%), from €43,820 to €47,493
of which Trade receivables: +€3,403
- Other debts -€16,221
down €16,221 (-18.7%), from €86,555 to €70,334
- Reserves +€12,121
new in 2025: €12,121
- Gross operating margin +€31,124
up €31,124 (+25.3%), from €122,785 to €153,909
- Taxes +€8,735
up €8,735 (+38.8%), from €22,496 to €31,231
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 | €103,016 | €99,187 | -€3,830 | -3.7% |
| Fixed assets | 21/28 | €51,258 | €43,033 | -€8,225 | -16.0% |
| Tangible fixed assets | 22/27 | €51,258 | €43,033 | -€8,225 | -16.0% |
| Plant, machinery and equipment | 23 | €1,723 | €6,140 | +€4,417 | +256.4% |
| Furniture and vehicles | 24 | €43,858 | €32,817 | -€11,041 | -25.2% |
| Other tangible fixed assets | 26 | €5,677 | €4,076 | -€1,601 | -28.2% |
| Current assets | 29/58 | €51,758 | €56,153 | +€4,396 | +8.5% |
| Amounts receivable within one year | 40/41 | €43,820 | €47,493 | +€3,672 | +8.4% |
| Trade receivables | 40 | €43,820 | €47,223 | +€3,403 | +7.8% |
| Other amounts receivable | 41 | - | €269 | +€269 | |
| Cash at bank and in hand | 54/58 | €7,866 | €8,661 | +€795 | +10.1% |
| Deferred charges and accrued income | 490/1 | €72 | - | -€72 | |
| Total equity and liabilities | 10/49 | €103,016 | €99,187 | -€3,830 | -3.7% |
| Equity | 10/15 | €5,000 | €17,121 | +€12,121 | +242.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €12,121 | +€12,121 | |
| Distributable reserves | 133 | - | €12,121 | +€12,121 | |
| Amounts payable | 17/49 | €98,016 | €82,066 | -€15,950 | -16.3% |
| Amounts payable within one year | 42/48 | €98,016 | €82,065 | -€15,952 | -16.3% |
| Trade debts | 44 | €186 | €1 | -€185 | -99.5% |
| Suppliers | 440/4 | €186 | €1 | -€185 | -99.5% |
| Taxes, remuneration and social security | 45 | €11,275 | €11,730 | +€455 | +4.0% |
| Taxes | 450/3 | €11,244 | €11,730 | +€486 | +4.3% |
| Remuneration and social security | 454/9 | €31 | - | -€31 | |
| Other amounts payable | 47/48 | €86,555 | €70,334 | -€16,221 | -18.7% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Non-recurring operating income | 76A | €5,961 | - | -€5,961 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,930 | €14,920 | -€10 | -0.1% |
| Other operating charges | 640/8 | €517 | €593 | +€75 | +14.6% |
| Gross operating margin | 9900 | €122,785 | €153,909 | +€31,124 | +25.3% |
| Operating profit (loss) | 9901 | €107,338 | €138,396 | +€31,059 | +28.9% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €107,293 | €138,351 | +€31,059 | +28.9% |
| Income taxes | 67/77 | €22,496 | €31,231 | +€8,735 | +38.8% |
| Profit (loss) for the period | 9904 | €84,797 | €107,121 | +€22,324 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,797 | €107,121 | +€22,324 | +26.3% |
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 9 October 2026 via checked.be.