M. CONSULTANTS: 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. CONSULTANTS
Largest movements
- Receivables after one year -€10,636
down €10,636 (-7.6%), from €139,080 to €128,444
- Receivables within one year +€9,473
up €9,473 (+305%), from €3,110 to €12,582
of which Trade receivables: +€9,000
- Cash -€1,961
down €1,961 (-93.2%), from €2,105 to €144
mainly Receivables within one year (-€9,473) and Tax, wage and social debts (-€4,353)
- Tax, wage and social debts -€4,353
down €4,353 (-76.9%), from €5,664 to €1,311
- Reserves +€1,867
up €1,867 (+1.7%), from €110,176 to €112,043
of which Distributable reserves: +€1,867
- Gross operating margin +€4,816
up €4,816, from -€2,884 to €1,932
- Taxes -€388
no longer reported in 2025 (was €388)
- Financial income -€181
down €181 (-4.6%), from €3,948 to €3,766
- Depreciation +€60
up €60 (+31.3%), from €191 to €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.
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 | €146,306 | €144,265 | -€2,040 | -1.4% |
| Fixed assets | 21/28 | €565 | €314 | -€251 | -44.5% |
| Tangible fixed assets | 22/27 | €565 | €314 | -€251 | -44.5% |
| Furniture and vehicles | 24 | €565 | €314 | -€251 | -44.5% |
| Current assets | 29/58 | €145,741 | €143,952 | -€1,789 | -1.2% |
| Amounts receivable after more than one year | 29 | €139,080 | €128,444 | -€10,636 | -7.6% |
| Other amounts receivable | 291 | €139,080 | €128,444 | -€10,636 | -7.6% |
| Amounts receivable within one year | 40/41 | €3,110 | €12,582 | +€9,473 | +305% |
| Trade receivables | 40 | €3,000 | €12,000 | +€9,000 | +300% |
| Other amounts receivable | 41 | €110 | €582 | +€473 | +431% |
| Cash at bank and in hand | 54/58 | €2,105 | €144 | -€1,961 | -93.2% |
| Deferred charges and accrued income | 490/1 | €1,447 | €2,782 | +€1,335 | +92.2% |
| Total equity and liabilities | 10/49 | €146,306 | €144,265 | -€2,040 | -1.4% |
| Equity | 10/15 | €129,249 | €131,116 | +€1,867 | +1.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €110,176 | €112,043 | +€1,867 | +1.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €108,317 | €110,184 | +€1,867 | +1.7% |
| Profit (loss) carried forward | 14 | €481 | €481 | = | 0.0% |
| Amounts payable | 17/49 | €17,057 | €13,149 | -€3,908 | -22.9% |
| Amounts payable within one year | 42/48 | €17,057 | €13,149 | -€3,908 | -22.9% |
| Financial debts | 43 | - | €196 | +€196 | |
| Credit institutions | 430/8 | - | €196 | +€196 | |
| Trade debts | 44 | €2,993 | €2,932 | -€61 | -2.0% |
| Suppliers | 440/4 | €2,993 | €2,932 | -€61 | -2.0% |
| Taxes, remuneration and social security | 45 | €5,664 | €1,311 | -€4,353 | -76.9% |
| Taxes | 450/3 | €5,664 | €1,311 | -€4,353 | -76.9% |
| Other amounts payable | 47/48 | €8,400 | €8,710 | +€310 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191 | €251 | +€60 | +31.3% |
| Other operating charges | 640/8 | €404 | €388 | -€16 | -3.9% |
| Gross operating margin | 9900 | -€2,884 | €1,932 | +€4,816 | |
| Operating profit (loss) | 9901 | -€3,479 | €1,293 | +€4,772 | |
| Financial income | 75/76B | €3,948 | €3,766 | -€181 | -4.6% |
| Recurring financial income | 75 | €3,948 | €3,766 | -€181 | -4.6% |
| Financial charges | 65/66B | €176 | €192 | +€16 | +9.3% |
| Recurring financial charges | 65 | €176 | €192 | +€16 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €293 | €4,867 | +€4,574 | +1,561% |
| Income taxes | 67/77 | €388 | - | -€388 | |
| Profit (loss) for the period | 9904 | -€95 | €4,867 | +€4,962 | |
| Profit (loss) for the period to be appropriated | 9905 | -€95 | €4,867 | +€4,962 |
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 27 October 2026 via checked.be.