M. 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.
M. CONSULT
Largest movements
- Receivables within one year -€4,665
down €4,665 (-56.4%), from €8,268 to €3,603
- Stocks and contracts +€800
up €800 (+14.5%), from €5,525 to €6,326
- Tangible fixed assets -€688
down €688 (-32.5%), from €2,113 to €1,426
of which Furniture and vehicles: -€434
- Trade debts -€2,007
down €2,007 (-37.5%), from €5,351 to €3,344
- Other debts -€1,477
down €1,477 (-35.3%), from €4,184 to €2,707
- Profit (loss) carried forward -€1,088
down €1,088 (-5.8%), from -€18,842 to -€19,931
- Gross operating margin -€1,009
down €1,009 (-97.4%), from €1,036 to €26
- Financial income -€49
down €49 (-24.5%), from €200 to €151
- Depreciation -€28
down €28 (-3.9%), from €716 to €688
- Other operating charges +€16
up €16 (+3.2%), from €490 to €506
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,122 | €20,691 | -€4,431 | -17.6% |
| Fixed assets | 21/28 | €2,413 | €1,726 | -€688 | -28.5% |
| Tangible fixed assets | 22/27 | €2,113 | €1,426 | -€688 | -32.5% |
| Plant, machinery and equipment | 23 | €254 | - | -€254 | |
| Furniture and vehicles | 24 | €1,860 | €1,426 | -€434 | -23.3% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €22,708 | €18,965 | -€3,743 | -16.5% |
| Stocks and contracts in progress | 3 | €5,525 | €6,326 | +€800 | +14.5% |
| Stocks | 30/36 | €5,525 | €6,326 | +€800 | +14.5% |
| Amounts receivable within one year | 40/41 | €8,268 | €3,603 | -€4,665 | -56.4% |
| Trade receivables | 40 | €8,268 | €3,603 | -€4,665 | -56.4% |
| Cash at bank and in hand | 54/58 | €8,915 | €9,037 | +€122 | +1.4% |
| Total equity and liabilities | 10/49 | €25,122 | €20,691 | -€4,431 | -17.6% |
| Equity | 10/15 | -€242 | -€1,331 | -€1,088 | -449.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,842 | -€19,931 | -€1,088 | -5.8% |
| Amounts payable | 17/49 | €25,364 | €22,022 | -€3,342 | -13.2% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,364 | €7,022 | -€3,342 | -32.3% |
| Trade debts | 44 | €5,351 | €3,344 | -€2,007 | -37.5% |
| Suppliers | 440/4 | €5,351 | €3,344 | -€2,007 | -37.5% |
| Taxes, remuneration and social security | 45 | €829 | €970 | +€141 | +17.0% |
| Taxes | 450/3 | €829 | €970 | +€141 | +17.0% |
| Other amounts payable | 47/48 | €4,184 | €2,707 | -€1,477 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €716 | €688 | -€28 | -3.9% |
| Other operating charges | 640/8 | €490 | €506 | +€16 | +3.2% |
| Gross operating margin | 9900 | €1,036 | €26 | -€1,009 | -97.4% |
| Operating profit (loss) | 9901 | -€170 | -€1,167 | -€997 | -585.6% |
| Financial income | 75/76B | €200 | €151 | -€49 | -24.5% |
| Recurring financial income | 75 | €200 | €151 | -€49 | -24.5% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.8% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | -€37 | -€1,088 | -€1,051 | -2835.2% |
| Profit (loss) for the period | 9904 | -€37 | -€1,088 | -€1,051 | -2835.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€37 | -€1,088 | -€1,051 | -2835.2% |
Source: filed annual accounts (NBB), financial years ended 1 January 2025 and 1 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.