M. Consult: what changed
What changed
M. Consult
NACE 63.920, Other information service activities
filed annual accounts (NBB)
Net result for the year
€76,198
2024 · €98,981-€22,783
Equity
€22,095
2024 · €20,897+€1,198
Cash
€111,947
2024 · €87,952+€23,995
Balance sheet total
€166,257
2024 · €149,603+€16,654
Largest movements
Assets
- Cash +€23,995
up €23,995 (+27.3%), from €87,952 to €111,947
mainly Net result for the year (+€76,198) and Provisions (+€30,000)
- Tangible fixed assets -€11,346
down €11,346 (-32.8%), from €34,559 to €23,213
- Receivables within one year +€3,733
up €3,733 (+16.5%), from €22,569 to €26,302
of which Trade receivables: +€11,476
Equity and liabilities
- Provisions +€30,000
new in 2025: €30,000
- Other debts -€10,375
down €10,375 (-9.8%), from €105,603 to €95,227
- Tax, wage and social debts -€3,715
down €3,715 (-21.7%), from €17,155 to €13,440
of which Taxes: -€3,738
Income statement
- Provisions +€30,000
new in 2025: €30,000
- Gross operating margin +€12,285
up €12,285 (+8.8%), from €138,967 to €151,252
- Taxes +€2,607
up €2,607 (+8.8%), from €29,491 to €32,098
- Financial income -€1,644
down €1,644 (-81.7%), from €2,011 to €367
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€98,981
Gross operating margin
+€12,285
Depreciation
+€99
Provisions
-€30,000
Other operating charges
-€133
Financial income
-€1,644
Financial charges
-€783
Taxes
-€2,607
Result 2025
€76,198
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€99,395
Investment
-€400
Financing
-€75,000
Cash 2024
€87,952
From operations (derived)
+€99,395
Net result for the year
+€76,198
Depreciation
+€11,346
Receivables within one year
-€3,733
Deferred charges and accrued income
+€128
Provisions
+€30,000
Trade debts
-€955
Tax, wage and social debts
-€3,715
Other debts
-€10,375
Accrued charges and deferred income
+€501
Investment (derived)
-€400
Current investments
-€400
Financing
-€75,000
Contributions, distributions and other
-€75,000
Cash 2025
€111,947
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,603 | €166,257 | +€16,654 | +11.1% |
| Fixed assets | 21/28 | €34,584 | €23,238 | -€11,346 | -32.8% |
| Tangible fixed assets | 22/27 | €34,559 | €23,213 | -€11,346 | -32.8% |
| Furniture and vehicles | 24 | €34,559 | €23,213 | -€11,346 | -32.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €115,019 | €143,019 | +€28,000 | +24.3% |
| Amounts receivable within one year | 40/41 | €22,569 | €26,302 | +€3,733 | +16.5% |
| Trade receivables | 40 | €14,783 | €26,259 | +€11,476 | +77.6% |
| Other amounts receivable | 41 | €7,787 | €43 | -€7,744 | -99.4% |
| Current investments | 50/53 | €0 | €400 | +€400 | |
| Cash at bank and in hand | 54/58 | €87,952 | €111,947 | +€23,995 | +27.3% |
| Deferred charges and accrued income | 490/1 | €4,498 | €4,369 | -€128 | -2.9% |
| Total equity and liabilities | 10/49 | €149,603 | €166,257 | +€16,654 | +11.1% |
| Equity | 10/15 | €20,897 | €22,095 | +€1,198 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,297 | €3,495 | +€1,198 | +52.1% |
| Provisions and deferred taxes | 16 | - | €30,000 | +€30,000 | |
| Provisions for liabilities and charges | 160/5 | - | €30,000 | +€30,000 | |
| Other liabilities and charges | 164/5 | - | €30,000 | +€30,000 | |
| Amounts payable | 17/49 | €128,705 | €114,161 | -€14,544 | -11.3% |
| Amounts payable within one year | 42/48 | €128,140 | €113,094 | -€15,045 | -11.7% |
| Trade debts | 44 | €5,382 | €4,427 | -€955 | -17.7% |
| Suppliers | 440/4 | €5,382 | €4,427 | -€955 | -17.7% |
| Taxes, remuneration and social security | 45 | €17,155 | €13,440 | -€3,715 | -21.7% |
| Taxes | 450/3 | €15,139 | €11,402 | -€3,738 | -24.7% |
| Remuneration and social security | 454/9 | €2,016 | €2,038 | +€22 | +1.1% |
| Other amounts payable | 47/48 | €105,603 | €95,227 | -€10,375 | -9.8% |
| Accrued charges and deferred income | 492/3 | €566 | €1,067 | +€501 | +88.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,445 | €11,346 | -€99 | -0.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €30,000 | +€30,000 | |
| Other operating charges | 640/8 | €984 | €1,117 | +€133 | +13.5% |
| Gross operating margin | 9900 | €138,967 | €151,252 | +€12,285 | +8.8% |
| Operating profit (loss) | 9901 | €126,538 | €108,790 | -€17,748 | -14.0% |
| Financial income | 75/76B | €2,011 | €367 | -€1,644 | -81.7% |
| Recurring financial income | 75 | €2,011 | €367 | -€1,644 | -81.7% |
| Financial charges | 65/66B | €78 | €861 | +€783 | +1,003% |
| Recurring financial charges | 65 | €78 | €861 | +€783 | +1,003% |
| Profit (loss) for the period before taxes | 9903 | €128,472 | €108,296 | -€20,176 | -15.7% |
| Income taxes | 67/77 | €29,491 | €32,098 | +€2,607 | +8.8% |
| Profit (loss) for the period | 9904 | €98,981 | €76,198 | -€22,783 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,981 | €76,198 | -€22,783 | -23.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.