Expertise & Consultancy: 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.
Expertise & Consultancy
Largest movements
- Tangible fixed assets -€20,400
down €20,400 (-2.7%), from €769,071 to €748,671
- Reserves +€118,641
up €118,641 (+34.1%), from €347,530 to €466,172
- Accrued charges and deferred income -€80,158
no longer reported in 2025 (was €80,158)
- Other debts -€75,000
down €75,000 (-21.7%), from €346,000 to €271,000
- Short-term financial debts +€10,895
up €10,895 (+62.3%), from €17,500 to €28,395
- Taxes +€6,151
up €6,151 (+18.0%), from €34,254 to €40,406
- Financial charges -€4,044
down €4,044 (-54.8%), from €7,385 to €3,341
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 | €797,443 | €773,972 | -€23,471 | -2.9% |
| Fixed assets | 21/28 | €769,071 | €748,671 | -€20,400 | -2.7% |
| Tangible fixed assets | 22/27 | €769,071 | €748,671 | -€20,400 | -2.7% |
| Land and buildings | 22 | €769,071 | €748,671 | -€20,400 | -2.7% |
| Current assets | 29/58 | €28,372 | €25,301 | -€3,071 | -10.8% |
| Cash at bank and in hand | 54/58 | €28,372 | €25,301 | -€3,071 | -10.8% |
| Total equity and liabilities | 10/49 | €797,443 | €773,972 | -€23,471 | -2.9% |
| Equity | 10/15 | €349,530 | €468,172 | +€118,641 | +33.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €347,530 | €466,172 | +€118,641 | +34.1% |
| Distributable reserves | 133 | €347,530 | €466,172 | +€118,641 | +34.1% |
| Amounts payable | 17/49 | €447,913 | €305,800 | -€142,112 | -31.7% |
| Amounts payable within one year | 42/48 | €367,754 | €305,800 | -€61,954 | -16.8% |
| Financial debts | 43 | €17,500 | €28,395 | +€10,895 | +62.3% |
| Other loans | 439 | €17,500 | €28,395 | +€10,895 | +62.3% |
| Taxes, remuneration and social security | 45 | €4,254 | €6,406 | +€2,151 | +50.6% |
| Taxes | 450/3 | €4,254 | €6,406 | +€2,151 | +50.6% |
| Other amounts payable | 47/48 | €346,000 | €271,000 | -€75,000 | -21.7% |
| Accrued charges and deferred income | 492/3 | €80,158 | - | -€80,158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,400 | €20,400 | = | 0.0% |
| Gross operating margin | 9900 | €182,296 | €182,788 | +€492 | +0.3% |
| Operating profit (loss) | 9901 | €161,896 | €162,388 | +€492 | +0.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,385 | €3,341 | -€4,044 | -54.8% |
| Recurring financial charges | 65 | €7,385 | €3,341 | -€4,044 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | €154,511 | €159,047 | +€4,536 | +2.9% |
| Income taxes | 67/77 | €34,254 | €40,406 | +€6,151 | +18.0% |
| Profit (loss) for the period | 9904 | €120,257 | €118,641 | -€1,616 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €120,257 | €118,641 | -€1,616 | -1.3% |
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 29 October 2026 via checked.be.