FINAL 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.
FINAL CONSULTING
Largest movements
- Receivables within one year +€508,632
new in 2025: €508,632
- Tangible fixed assets +€420,747
up €420,747 (+54.6%), from €770,257 to €1.2m
of which Land and buildings: +€414,082
- Trade debts +€506,175
up €506,175 (+13,974%), from €3,622 to €509,797
- Debts after one year +€317,134
up €317,134 (+40.5%), from €783,126 to €1.1m
of which Financial debts: +€316,123
- Reserves +€76,049
up €76,049 (+103%), from €73,539 to €149,587
of which Distributable reserves: +€76,049
- Tax, wage and social debts +€20,779
up €20,779 (+202%), from €10,271 to €31,051
- Gross operating margin +€123,355
up €123,355 (+94.7%), from €130,251 to €253,606
- Depreciation +€69,111
up €69,111 (+129%), from €53,720 to €122,831
- Taxes +€16,902
up €16,902 (+166%), from €10,191 to €27,093
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 | €942,355 | €1,863,000 | +€920,645 | +97.7% |
| Fixed assets | 21/28 | €770,257 | €1,191,004 | +€420,747 | +54.6% |
| Tangible fixed assets | 22/27 | €770,257 | €1,191,004 | +€420,747 | +54.6% |
| Land and buildings | 22 | €601,440 | €1,015,521 | +€414,082 | +68.8% |
| Plant, machinery and equipment | 23 | €164,657 | €164,277 | -€380 | -0.2% |
| Furniture and vehicles | 24 | €4,160 | €11,206 | +€7,046 | +169% |
| Current assets | 29/58 | €172,098 | €671,996 | +€499,898 | +290% |
| Amounts receivable within one year | 40/41 | - | €508,632 | +€508,632 | |
| Trade receivables | 40 | - | €508,632 | +€508,632 | |
| Cash at bank and in hand | 54/58 | €172,098 | €163,364 | -€8,734 | -5.1% |
| Total equity and liabilities | 10/49 | €942,355 | €1,863,000 | +€920,645 | +97.7% |
| Equity | 10/15 | €85,939 | €161,987 | +€76,049 | +88.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €73,539 | €149,587 | +€76,049 | +103% |
| Non-distributable reserves | 130/1 | €1,575 | €1,575 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,575 | €1,575 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €61,964 | €138,012 | +€76,049 | +123% |
| Amounts payable | 17/49 | €856,416 | €1,701,012 | +€844,596 | +98.6% |
| Amounts payable after more than one year | 17 | €783,126 | €1,100,260 | +€317,134 | +40.5% |
| Financial debts | 170/4 | €782,126 | €1,098,249 | +€316,123 | +40.4% |
| Other amounts payable | 178/9 | €1,000 | €2,011 | +€1,011 | +101% |
| Amounts payable within one year | 42/48 | €73,290 | €600,753 | +€527,462 | +720% |
| Current portion of amounts payable after more than one year | 42 | €44,156 | €41,460 | -€2,696 | -6.1% |
| Trade debts | 44 | €3,622 | €509,797 | +€506,175 | +13,974% |
| Suppliers | 440/4 | €3,622 | €509,797 | +€506,175 | +13,974% |
| Taxes, remuneration and social security | 45 | €10,271 | €31,051 | +€20,779 | +202% |
| Taxes | 450/3 | €10,271 | €31,051 | +€20,779 | +202% |
| Other amounts payable | 47/48 | €15,240 | €18,444 | +€3,204 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,720 | €122,831 | +€69,111 | +129% |
| Other operating charges | 640/8 | €5,909 | €8,253 | +€2,344 | +39.7% |
| Gross operating margin | 9900 | €130,251 | €253,606 | +€123,355 | +94.7% |
| Operating profit (loss) | 9901 | €70,623 | €122,522 | +€51,900 | +73.5% |
| Financial charges | 65/66B | €20,233 | €19,381 | -€853 | -4.2% |
| Recurring financial charges | 65 | €20,233 | €19,381 | -€853 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €50,389 | €103,141 | +€52,752 | +105% |
| Income taxes | 67/77 | €10,191 | €27,093 | +€16,902 | +166% |
| Profit (loss) for the period | 9904 | €40,198 | €76,049 | +€35,850 | +89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,198 | €76,049 | +€35,850 | +89.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.