M-Consul: 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.
M-Consul
Largest movements
- Receivables within one year -€32,551
down €32,551 (-72.7%), from €44,799 to €12,248
of which Trade receivables: -€30,602
- Tangible fixed assets -€6,711
down €6,711 (-50.2%), from €13,376 to €6,665
of which Furniture and vehicles: -€5,474
- Cash -€5,849
down €5,849 (-7.7%), from €75,790 to €69,941
mainly Trade debts (-€13,715) and Net result for the year (-€12,713)
- Trade debts -€13,715
down €13,715 (-88.3%), from €15,539 to €1,825
- Profit (loss) carried forward -€12,713
new in 2025: -€12,713
- Other debts -€11,670
down €11,670 (-58.3%), from €20,000 to €8,330
- Tax, wage and social debts -€8,180
down €8,180 (-78.2%), from €10,462 to €2,282
- Gross operating margin -€119,738
down €119,738, from €115,444 to -€4,294
- Taxes -€23,450
down €23,450 (-99.2%), from €23,628 to €177
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 | €135,503 | €89,252 | -€46,251 | -34.1% |
| Fixed assets | 21/28 | €13,376 | €6,665 | -€6,711 | -50.2% |
| Tangible fixed assets | 22/27 | €13,376 | €6,665 | -€6,711 | -50.2% |
| Plant, machinery and equipment | 23 | €4,327 | €3,089 | -€1,237 | -28.6% |
| Furniture and vehicles | 24 | €9,049 | €3,576 | -€5,474 | -60.5% |
| Current assets | 29/58 | €122,127 | €82,587 | -€39,540 | -32.4% |
| Amounts receivable within one year | 40/41 | €44,799 | €12,248 | -€32,551 | -72.7% |
| Trade receivables | 40 | €31,140 | €538 | -€30,602 | -98.3% |
| Other amounts receivable | 41 | €13,659 | €11,710 | -€1,949 | -14.3% |
| Cash at bank and in hand | 54/58 | €75,790 | €69,941 | -€5,849 | -7.7% |
| Deferred charges and accrued income | 490/1 | €1,537 | €398 | -€1,140 | -74.1% |
| Total equity and liabilities | 10/49 | €135,503 | €89,252 | -€46,251 | -34.1% |
| Equity | 10/15 | €89,276 | €76,563 | -€12,713 | -14.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €86,276 | €86,276 | = | 0.0% |
| Distributable reserves | 133 | €86,276 | €86,276 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,713 | -€12,713 | |
| Amounts payable | 17/49 | €46,227 | €12,689 | -€33,538 | -72.6% |
| Amounts payable within one year | 42/48 | €46,002 | €12,437 | -€33,565 | -73.0% |
| Trade debts | 44 | €15,539 | €1,825 | -€13,715 | -88.3% |
| Suppliers | 440/4 | €15,539 | €1,825 | -€13,715 | -88.3% |
| Taxes, remuneration and social security | 45 | €10,462 | €2,282 | -€8,180 | -78.2% |
| Taxes | 450/3 | €10,462 | €2,282 | -€8,180 | -78.2% |
| Other amounts payable | 47/48 | €20,000 | €8,330 | -€11,670 | -58.3% |
| Accrued charges and deferred income | 492/3 | €226 | €253 | +€27 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,190 | €6,711 | +€520 | +8.4% |
| Other operating charges | 640/8 | €747 | €439 | -€308 | -41.3% |
| Gross operating margin | 9900 | €115,444 | -€4,294 | -€119,738 | |
| Operating profit (loss) | 9901 | €108,506 | -€11,444 | -€119,950 | |
| Financial income | 75/76B | €105 | €40 | -€65 | -61.8% |
| Recurring financial income | 75 | €105 | €40 | -€65 | -61.8% |
| Financial charges | 65/66B | €1,313 | €1,132 | -€181 | -13.8% |
| Recurring financial charges | 65 | €1,313 | €1,132 | -€181 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €107,298 | -€12,536 | -€119,833 | |
| Income taxes | 67/77 | €23,628 | €177 | -€23,450 | -99.2% |
| Profit (loss) for the period | 9904 | €83,670 | -€12,713 | -€96,383 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,670 | -€12,713 | -€96,383 |
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.