FISCALITY CONSULT: 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.
FISCALITY CONSULT
Largest movements
- Current investments -€102,653
no longer reported in 2025 (was €102,653)
- Cash +€100,870
up €100,870 (+110.7%), from €91,152 to €192,022
mainly Net result for the year (+€105,338) and Current investments (+€102,653)
- Receivables within one year -€9,533
down €9,533 (-14.1%), from €67,800 to €58,267
of which Trade receivables: -€7,878
- Reserves +€102,000
up €102,000 (+82.9%), from €123,000 to €225,000
- Other debts -€75,406
no longer reported in 2025 (was €75,406)
- Tax, wage and social debts -€35,837
down €35,837 (-89.7%), from €39,963 to €4,127
of which Taxes: -€32,250
- Gross operating margin -€39,658
down €39,658 (-17.3%), from €229,061 to €189,403
- Taxes -€11,088
down €11,088 (-22.6%), from €49,170 to €38,082
- Staff costs +€9,355
up €9,355 (+25.1%), from €37,215 to €46,571
- Financial income -€3,992
down €3,992 (-63.9%), from €6,243 to €2,251
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 | €263,985 | €252,330 | -€11,654 | -4.4% |
| Fixed assets | 21/28 | €1,697 | €1,072 | -€625 | -36.8% |
| Tangible fixed assets | 22/27 | €1,697 | €1,072 | -€625 | -36.8% |
| Furniture and vehicles | 24 | €1,697 | €1,072 | -€625 | -36.8% |
| Current assets | 29/58 | €262,288 | €251,258 | -€11,030 | -4.2% |
| Amounts receivable within one year | 40/41 | €67,800 | €58,267 | -€9,533 | -14.1% |
| Trade receivables | 40 | €53,377 | €45,498 | -€7,878 | -14.8% |
| Other amounts receivable | 41 | €14,423 | €12,768 | -€1,654 | -11.5% |
| Current investments | 50/53 | €102,653 | - | -€102,653 | |
| Cash at bank and in hand | 54/58 | €91,152 | €192,022 | +€100,870 | +110.7% |
| Deferred charges and accrued income | 490/1 | €683 | €969 | +€286 | +41.8% |
| Total equity and liabilities | 10/49 | €263,985 | €252,330 | -€11,654 | -4.4% |
| Equity | 10/15 | €146,227 | €247,055 | +€100,828 | +69.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €123,000 | €225,000 | +€102,000 | +82.9% |
| Distributable reserves | 133 | €123,000 | €225,000 | +€102,000 | +82.9% |
| Profit (loss) carried forward | 14 | €2,767 | €1,595 | -€1,172 | -42.4% |
| Amounts payable | 17/49 | €117,757 | €5,275 | -€112,482 | -95.5% |
| Amounts payable within one year | 42/48 | €117,757 | €5,275 | -€112,482 | -95.5% |
| Trade debts | 44 | €2,388 | €1,149 | -€1,239 | -51.9% |
| Suppliers | 440/4 | €2,388 | €1,149 | -€1,239 | -51.9% |
| Taxes, remuneration and social security | 45 | €39,963 | €4,127 | -€35,837 | -89.7% |
| Taxes | 450/3 | €32,250 | - | -€32,250 | |
| Remuneration and social security | 454/9 | €7,713 | €4,127 | -€3,587 | -46.5% |
| Other amounts payable | 47/48 | €75,406 | - | -€75,406 | |
| Remuneration, social security and pensions | 62 | €37,215 | €46,571 | +€9,355 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406 | €625 | +€219 | +54.0% |
| Other operating charges | 640/8 | €26 | - | -€26 | |
| Gross operating margin | 9900 | €229,061 | €189,403 | -€39,658 | -17.3% |
| Operating profit (loss) | 9901 | €191,414 | €142,208 | -€49,206 | -25.7% |
| Financial income | 75/76B | €6,243 | €2,251 | -€3,992 | -63.9% |
| Recurring financial income | 75 | €6,243 | €2,251 | -€3,992 | -63.9% |
| Financial charges | 65/66B | €313 | €1,039 | +€726 | +231.7% |
| Recurring financial charges | 65 | €313 | €1,039 | +€726 | +231.7% |
| Profit (loss) for the period before taxes | 9903 | €197,343 | €143,420 | -€53,924 | -27.3% |
| Income taxes | 67/77 | €49,170 | €38,082 | -€11,088 | -22.6% |
| Profit (loss) for the period | 9904 | €148,174 | €105,338 | -€42,836 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €148,174 | €105,338 | -€42,836 | -28.9% |
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 11 October 2026 via checked.be.