M.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.
M.CONSULTING
Largest movements
- Tangible fixed assets +€21,316
new in 2025: €21,316
of which Other tangible fixed assets: +€11,467
- Cash -€13,403
down €13,403 (-37.3%), from €35,943 to €22,540
mainly Contributions, distributions and other (-€25,000) and Investment in fixed assets (net) (-€22,364)
- Receivables within one year +€11,406
up €11,406 (+53.8%), from €21,191 to €32,596
of which Other amounts receivable: +€9,427
- Receivables after one year -€11,050
no longer reported in 2025 (was €11,050)
- Profit (loss) carried forward +€6,976
new in 2025: €6,976
- Trade debts +€1,723
up €1,723 (+63.4%), from €2,716 to €4,439
- Gross operating margin +€8,347
up €8,347 (+22.5%), from €37,023 to €45,370
- Taxes +€2,511
up €2,511 (+31.8%), from €7,890 to €10,402
- Financial charges -€1,973
down €1,973 (-83.7%), from €2,356 to €383
- Depreciation +€1,048
new in 2025: €1,048
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 | €68,183 | €76,452 | +€8,269 | +12.1% |
| Fixed assets | 21/28 | - | €21,316 | +€21,316 | |
| Tangible fixed assets | 22/27 | - | €21,316 | +€21,316 | |
| Furniture and vehicles | 24 | - | €9,849 | +€9,849 | |
| Other tangible fixed assets | 26 | - | €11,467 | +€11,467 | |
| Current assets | 29/58 | €68,183 | €55,137 | -€13,047 | -19.1% |
| Amounts receivable after more than one year | 29 | €11,050 | - | -€11,050 | |
| Trade receivables | 290 | €11,050 | - | -€11,050 | |
| Amounts receivable within one year | 40/41 | €21,191 | €32,596 | +€11,406 | +53.8% |
| Trade receivables | 40 | €19,276 | €21,255 | +€1,979 | +10.3% |
| Other amounts receivable | 41 | €1,915 | €11,341 | +€9,427 | +492.3% |
| Cash at bank and in hand | 54/58 | €35,943 | €22,540 | -€13,403 | -37.3% |
| Total equity and liabilities | 10/49 | €68,183 | €76,452 | +€8,269 | +12.1% |
| Equity | 10/15 | €46,437 | €53,413 | +€6,976 | +15.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €34,037 | €34,037 | = | 0.0% |
| Distributable reserves | 133 | €34,037 | €34,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €6,976 | +€6,976 | |
| Amounts payable | 17/49 | €21,746 | €23,040 | +€1,293 | +5.9% |
| Amounts payable within one year | 42/48 | €21,746 | €23,040 | +€1,293 | +5.9% |
| Financial debts | 43 | €443 | €15 | -€428 | -96.6% |
| Credit institutions | 430/8 | €443 | €15 | -€428 | -96.6% |
| Trade debts | 44 | €2,716 | €4,439 | +€1,723 | +63.4% |
| Suppliers | 440/4 | €2,716 | €4,439 | +€1,723 | +63.4% |
| Taxes, remuneration and social security | 45 | €18,587 | €18,585 | -€2 | 0.0% |
| Taxes | 450/3 | €18,587 | €16,435 | -€2,152 | -11.6% |
| Remuneration and social security | 454/9 | - | €2,150 | +€2,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,048 | +€1,048 | |
| Other operating charges | 640/8 | €1,182 | €1,593 | +€411 | +34.8% |
| Gross operating margin | 9900 | €37,023 | €45,370 | +€8,347 | +22.5% |
| Operating profit (loss) | 9901 | €35,841 | €42,729 | +€6,887 | +19.2% |
| Financial income | 75/76B | €1 | €31 | +€31 | +6174.0% |
| Recurring financial income | 75 | €1 | €31 | +€31 | +6174.0% |
| Financial charges | 65/66B | €2,356 | €383 | -€1,973 | -83.7% |
| Recurring financial charges | 65 | €2,356 | €383 | -€1,973 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | €33,486 | €42,377 | +€8,891 | +26.6% |
| Income taxes | 67/77 | €7,890 | €10,402 | +€2,511 | +31.8% |
| Profit (loss) for the period | 9904 | €25,596 | €31,976 | +€6,380 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,596 | €31,976 | +€6,380 | +24.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.