MA Consult: what changed
Two fiscal 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.
MA Consult
Largest movements
- Cash +€33,895
up €33,895 (+15.7%), from €215,791 to €249,686
mainly Net result for the year (+€94,026) and Other debts (+€48,558)
- Receivables within one year +€10,510
up €10,510 (+66.0%), from €15,930 to €26,440
- Other debts +€48,558
up €48,558 (+1813.6%), from €2,678 to €51,236
- Reserves -€4,240
down €4,240 (-1.9%), from €226,722 to €222,481
- Gross operating margin +€37,388
up €37,388 (+43.9%), from €85,159 to €122,546
- Taxes +€8,539
up €8,539 (+47.3%), from €18,037 to €26,577
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 | €243,323 | €286,068 | +€42,746 | +17.6% |
| Fixed assets | 21/28 | €11,602 | €9,943 | -€1,660 | -14.3% |
| Tangible fixed assets | 22/27 | €11,602 | €9,943 | -€1,660 | -14.3% |
| Land and buildings | 22 | €5,315 | €4,713 | -€602 | -11.3% |
| Plant, machinery and equipment | 23 | €2,747 | €2,179 | -€568 | -20.7% |
| Furniture and vehicles | 24 | €3,540 | €3,051 | -€489 | -13.8% |
| Current assets | 29/58 | €231,720 | €276,126 | +€44,405 | +19.2% |
| Amounts receivable within one year | 40/41 | €15,930 | €26,440 | +€10,510 | +66.0% |
| Trade receivables | 40 | €15,930 | €26,440 | +€10,510 | +66.0% |
| Cash at bank and in hand | 54/58 | €215,791 | €249,686 | +€33,895 | +15.7% |
| Total equity and liabilities | 10/49 | €243,323 | €286,068 | +€42,746 | +17.6% |
| Equity | 10/15 | €231,722 | €227,481 | -€4,240 | -1.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €226,722 | €222,481 | -€4,240 | -1.9% |
| Distributable reserves | 133 | €226,722 | €222,481 | -€4,240 | -1.9% |
| Amounts payable | 17/49 | €11,601 | €58,587 | +€46,986 | +405.0% |
| Amounts payable within one year | 42/48 | €11,601 | €58,587 | +€46,986 | +405.0% |
| Trade debts | 44 | - | €540 | +€540 | |
| Suppliers | 440/4 | - | €540 | +€540 | |
| Taxes, remuneration and social security | 45 | €8,923 | €6,811 | -€2,112 | -23.7% |
| Taxes | 450/3 | €8,923 | €6,811 | -€2,112 | -23.7% |
| Other amounts payable | 47/48 | €2,678 | €51,236 | +€48,558 | +1813.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,186 | €1,660 | +€474 | +39.9% |
| Other operating charges | 640/8 | €794 | €1,084 | +€290 | +36.4% |
| Gross operating margin | 9900 | €85,159 | €122,546 | +€37,388 | +43.9% |
| Operating profit (loss) | 9901 | €83,178 | €119,803 | +€36,625 | +44.0% |
| Financial income | 75/76B | €2,006 | €2,011 | +€5 | +0.3% |
| Recurring financial income | 75 | €2,006 | €2,011 | +€5 | +0.3% |
| Financial charges | 65/66B | €1,957 | €1,211 | -€746 | -38.1% |
| Recurring financial charges | 65 | €1,957 | €1,211 | -€746 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €83,227 | €120,603 | +€37,376 | +44.9% |
| Income taxes | 67/77 | €18,037 | €26,577 | +€8,539 | +47.3% |
| Profit (loss) for the period | 9904 | €65,190 | €94,026 | +€28,837 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €65,190 | €94,026 | +€28,837 | +44.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.