MA 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.
MA CONSULTING
Largest movements
- Receivables after one year -€45,000
no longer reported in 2025 (was €45,000)
- Receivables within one year +€19,422
up €19,422 (+90.6%), from €21,430 to €40,852
of which Other amounts receivable: +€17,341
- Tangible fixed assets -€12,773
down €12,773 (-47.7%), from €26,755 to €13,982
of which Furniture and vehicles: -€11,999
- Cash -€9,695
down €9,695 (-17.0%), from €57,071 to €47,377
mainly Contributions, distributions and other (-€107,000) and Receivables within one year (-€19,422)
- Deferred charges and accrued income +€4,183
up €4,183 (+102%), from €4,081 to €8,264
- Reserves -€33,130
down €33,130 (-31.0%), from €107,023 to €73,893
- Tax, wage and social debts -€9,215
down €9,215 (-36.7%), from €25,097 to €15,882
- Debts after one year -€3,828
down €3,828 (-62.8%), from €6,092 to €2,264
- Trade debts +€2,244
up €2,244 (+30.5%), from €7,362 to €9,607
- Gross operating margin -€37,089
down €37,089 (-25.0%), from €148,378 to €111,289
- Taxes -€7,383
down €7,383 (-19.5%), from €37,815 to €30,432
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 | €154,337 | €110,474 | -€43,863 | -28.4% |
| Fixed assets | 21/28 | €26,755 | €13,982 | -€12,773 | -47.7% |
| Tangible fixed assets | 22/27 | €26,755 | €13,982 | -€12,773 | -47.7% |
| Plant, machinery and equipment | 23 | €9,731 | €8,957 | -€774 | -8.0% |
| Furniture and vehicles | 24 | €17,024 | €5,025 | -€11,999 | -70.5% |
| Current assets | 29/58 | €127,582 | €96,492 | -€31,089 | -24.4% |
| Amounts receivable after more than one year | 29 | €45,000 | - | -€45,000 | |
| Other amounts receivable | 291 | €45,000 | - | -€45,000 | |
| Amounts receivable within one year | 40/41 | €21,430 | €40,852 | +€19,422 | +90.6% |
| Trade receivables | 40 | €19,426 | €21,507 | +€2,082 | +10.7% |
| Other amounts receivable | 41 | €2,004 | €19,345 | +€17,341 | +865% |
| Cash at bank and in hand | 54/58 | €57,071 | €47,377 | -€9,695 | -17.0% |
| Deferred charges and accrued income | 490/1 | €4,081 | €8,264 | +€4,183 | +102% |
| Total equity and liabilities | 10/49 | €154,337 | €110,474 | -€43,863 | -28.4% |
| Equity | 10/15 | €112,023 | €78,893 | -€33,130 | -29.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €107,023 | €73,893 | -€33,130 | -31.0% |
| Distributable reserves | 133 | €107,023 | €73,893 | -€33,130 | -31.0% |
| Amounts payable | 17/49 | €42,314 | €31,581 | -€10,733 | -25.4% |
| Amounts payable after more than one year | 17 | €6,092 | €2,264 | -€3,828 | -62.8% |
| Financial debts | 170/4 | €6,092 | €2,264 | -€3,828 | -62.8% |
| Amounts payable within one year | 42/48 | €36,222 | €29,317 | -€6,905 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €3,763 | €3,828 | +€65 | +1.7% |
| Trade debts | 44 | €7,362 | €9,607 | +€2,244 | +30.5% |
| Suppliers | 440/4 | €7,362 | €9,607 | +€2,244 | +30.5% |
| Taxes, remuneration and social security | 45 | €25,097 | €15,882 | -€9,215 | -36.7% |
| Taxes | 450/3 | €25,097 | €15,882 | -€9,215 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,143 | €6,444 | -€699 | -9.8% |
| Other operating charges | 640/8 | €513 | €1,074 | +€561 | +109% |
| Gross operating margin | 9900 | €148,378 | €111,289 | -€37,089 | -25.0% |
| Operating profit (loss) | 9901 | €140,721 | €103,771 | -€36,950 | -26.3% |
| Financial income | 75/76B | €2,787 | €1,930 | -€857 | -30.7% |
| Recurring financial income | 75 | €2,787 | €1,930 | -€857 | -30.7% |
| Financial charges | 65/66B | €969 | €1,399 | +€430 | +44.4% |
| Recurring financial charges | 65 | €969 | €1,399 | +€430 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €142,540 | €104,303 | -€38,237 | -26.8% |
| Income taxes | 67/77 | €37,815 | €30,432 | -€7,383 | -19.5% |
| Profit (loss) for the period | 9904 | €104,725 | €73,870 | -€30,855 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €104,725 | €73,870 | -€30,855 | -29.5% |
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 22 October 2026 via checked.be.