Ilham Chenaoui 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.
Ilham Chenaoui Consulting
Largest movements
- Cash +€51,128
up €51,128 (+36.6%), from €139,678 to €190,806
mainly Net result for the year (+€56,542) and Depreciation (+€10,062)
- Tangible fixed assets -€6,369
down €6,369 (-16.8%), from €37,850 to €31,481
of which Furniture and vehicles: -€8,458
- Profit (loss) carried forward +€56,542
up €56,542 (+57.7%), from €97,935 to €154,477
- Debts after one year -€7,850
down €7,850 (-31.6%), from €24,838 to €16,988
- Tax, wage and social debts -€4,782
down €4,782 (-11.8%), from €40,534 to €35,752
of which Taxes: -€4,782
- Other debts +€2,790
up €2,790 (+88.6%), from €3,149 to €5,939
- Gross operating margin -€6,529
down €6,529 (-7.2%), from €90,737 to €84,208
- Taxes -€1,563
down €1,563 (-9.4%), from €16,563 to €15,000
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 | €177,528 | €222,287 | +€44,759 | +25.2% |
| Fixed assets | 21/28 | €37,850 | €31,481 | -€6,369 | -16.8% |
| Tangible fixed assets | 22/27 | €37,850 | €31,481 | -€6,369 | -16.8% |
| Plant, machinery and equipment | 23 | - | €2,089 | +€2,089 | |
| Furniture and vehicles | 24 | €37,850 | €29,392 | -€8,458 | -22.3% |
| Current assets | 29/58 | €139,678 | €190,806 | +€51,128 | +36.6% |
| Cash at bank and in hand | 54/58 | €139,678 | €190,806 | +€51,128 | +36.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €177,528 | €222,287 | +€44,759 | +25.2% |
| Equity | 10/15 | €101,435 | €157,977 | +€56,542 | +55.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,935 | €154,477 | +€56,542 | +57.7% |
| Amounts payable | 17/49 | €76,093 | €64,310 | -€11,783 | -15.5% |
| Amounts payable after more than one year | 17 | €24,838 | €16,988 | -€7,850 | -31.6% |
| Financial debts | 170/4 | €24,838 | €16,988 | -€7,850 | -31.6% |
| Amounts payable within one year | 42/48 | €51,255 | €47,322 | -€3,933 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €7,509 | €5,631 | -€1,878 | -25.0% |
| Trade debts | 44 | €63 | - | -€63 | |
| Suppliers | 440/4 | €63 | - | -€63 | |
| Taxes, remuneration and social security | 45 | €40,534 | €35,752 | -€4,782 | -11.8% |
| Taxes | 450/3 | €40,534 | €35,752 | -€4,782 | -11.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,149 | €5,939 | +€2,790 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,590 | €10,062 | +€472 | +4.9% |
| Other operating charges | 640/8 | €730 | €904 | +€175 | +23.9% |
| Gross operating margin | 9900 | €90,737 | €84,208 | -€6,529 | -7.2% |
| Operating profit (loss) | 9901 | €80,418 | €73,241 | -€7,176 | -8.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,154 | €1,700 | -€454 | -21.1% |
| Recurring financial charges | 65 | €2,154 | €1,700 | -€454 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €78,264 | €71,542 | -€6,722 | -8.6% |
| Income taxes | 67/77 | €16,563 | €15,000 | -€1,563 | -9.4% |
| Profit (loss) for the period | 9904 | €61,701 | €56,542 | -€5,159 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €61,701 | €56,542 | -€5,159 | -8.4% |
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.