M365 Consultancy: 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.
M365 Consultancy
Largest movements
- Receivables within one year +€11,921
new in 2025: €11,921
of which Trade receivables: +€11,652
- Current investments +€10,000
new in 2025: €10,000
- Cash +€7,545
up €7,545 (+43.1%), from €17,496 to €25,041
mainly Net result for the year (+€19,407) and Depreciation (+€5,741)
- Tangible fixed assets -€5,741
down €5,741 (-33.2%), from €17,283 to €11,542
of which Furniture and vehicles: -€4,602
- Reserves +€15,000
up €15,000 (+73.2%), from €20,480 to €35,480
of which Distributable reserves: +€15,000
- Other debts +€5,248
up €5,248 (+800%), from €656 to €5,903
- Profit (loss) carried forward +€4,407
up €4,407 (+226%), from €1,947 to €6,354
- Tax, wage and social debts -€3,248
down €3,248 (-47.4%), from €6,849 to €3,601
- Accrued charges and deferred income +€1,218
new in 2025: €1,218
- Depreciation +€3,479
up €3,479 (+154%), from €2,262 to €5,741
- Taxes -€1,138
down €1,138 (-13.5%), from €8,410 to €7,272
- Gross operating margin -€665
down €665 (-2.0%), from €33,765 to €33,099
- Financial charges +€423
up €423 (+197%), from €215 to €638
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 | €34,779 | €58,504 | +€23,725 | +68.2% |
| Fixed assets | 21/28 | €17,283 | €11,542 | -€5,741 | -33.2% |
| Tangible fixed assets | 22/27 | €17,283 | €11,542 | -€5,741 | -33.2% |
| Plant, machinery and equipment | 23 | €2,900 | €1,761 | -€1,139 | -39.3% |
| Furniture and vehicles | 24 | €14,383 | €9,781 | -€4,602 | -32.0% |
| Current assets | 29/58 | €17,496 | €46,962 | +€29,466 | +168% |
| Amounts receivable within one year | 40/41 | - | €11,921 | +€11,921 | |
| Trade receivables | 40 | - | €11,652 | +€11,652 | |
| Other amounts receivable | 41 | - | €269 | +€269 | |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €17,496 | €25,041 | +€7,545 | +43.1% |
| Total equity and liabilities | 10/49 | €34,779 | €58,504 | +€23,725 | +68.2% |
| Equity | 10/15 | €27,227 | €46,634 | +€19,407 | +71.3% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | €20,480 | €35,480 | +€15,000 | +73.2% |
| Non-distributable reserves | 130/1 | €480 | €480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €480 | €480 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Profit (loss) carried forward | 14 | €1,947 | €6,354 | +€4,407 | +226% |
| Amounts payable | 17/49 | €7,551 | €11,869 | +€4,318 | +57.2% |
| Amounts payable within one year | 42/48 | €7,551 | €10,651 | +€3,100 | +41.1% |
| Trade debts | 44 | €47 | €1,147 | +€1,100 | +2,342% |
| Suppliers | 440/4 | €47 | €1,147 | +€1,100 | +2,342% |
| Taxes, remuneration and social security | 45 | €6,849 | €3,601 | -€3,248 | -47.4% |
| Taxes | 450/3 | €6,849 | €3,601 | -€3,248 | -47.4% |
| Other amounts payable | 47/48 | €656 | €5,903 | +€5,248 | +800% |
| Accrued charges and deferred income | 492/3 | - | €1,218 | +€1,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,262 | €5,741 | +€3,479 | +154% |
| Other operating charges | 640/8 | €450 | €181 | -€269 | -59.8% |
| Gross operating margin | 9900 | €33,765 | €33,099 | -€665 | -2.0% |
| Operating profit (loss) | 9901 | €31,052 | €27,177 | -€3,875 | -12.5% |
| Financial income | 75/76B | - | €140 | +€140 | |
| Recurring financial income | 75 | - | €140 | +€140 | |
| Financial charges | 65/66B | €215 | €638 | +€423 | +197% |
| Recurring financial charges | 65 | €215 | €638 | +€423 | +197% |
| Profit (loss) for the period before taxes | 9903 | €30,838 | €26,679 | -€4,159 | -13.5% |
| Income taxes | 67/77 | €8,410 | €7,272 | -€1,138 | -13.5% |
| Profit (loss) for the period | 9904 | €22,427 | €19,407 | -€3,021 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,427 | €19,407 | -€3,021 | -13.5% |
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 24 October 2026 via checked.be.