Management And Services Consulting: what changed
What changed
Management And Services Consulting
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€94,392
2024 · €47,820+€46,572
Equity
€54,552
2024 · €54,875-€322
Cash
€136,959
2024 · €85,472+€51,487
Balance sheet total
€226,605
2024 · €183,777+€42,829
Largest movements
Assets
- Cash +€51,487
up €51,487 (+60.2%), from €85,472 to €136,959
mainly Net result for the year (+€94,392) and Other debts (+€31,474)
- Receivables within one year +€13,668
up €13,668 (+25.5%), from €53,514 to €67,181
of which Trade receivables: +€12,412
- Receivables after one year -€12,414
no longer reported in 2025 (was €12,414)
- Tangible fixed assets -€7,040
down €7,040 (-46.2%), from €15,223 to €8,183
- Deferred charges and accrued income -€2,873
down €2,873 (-16.7%), from €17,155 to €14,282
Equity and liabilities
- Other debts +€31,474
up €31,474 (+49.7%), from €63,267 to €94,741
- Tax, wage and social debts +€9,713
up €9,713 (+17.3%), from €56,028 to €65,741
of which Taxes: +€5,741
Income statement
- Gross operating margin +€70,152
up €70,152 (+27.4%), from €256,169 to €326,320
- Staff costs +€15,930
up €15,930 (+9.0%), from €176,898 to €192,829
- Taxes +€11,763
up €11,763 (+64.1%), from €18,344 to €30,108
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€47,820
Gross operating margin
+€70,152
Staff costs
-€15,930
Depreciation
+€3,060
Write-downs
+€1,008
Other operating charges
+€819
Financial income
-€411
Financial charges
-€362
Taxes
-€11,763
Result 2025
€94,392
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€145,495
Investment
+€707
Financing
-€94,715
Cash 2024
€85,472
From operations (derived)
+€145,495
Net result for the year
+€94,392
Depreciation
+€6,333
Receivables after one year
+€12,414
Receivables within one year
-€13,668
Deferred charges and accrued income
+€2,873
Trade debts
+€1,964
Tax, wage and social debts
+€9,713
Other debts
+€31,474
Investment (derived)
+€707
Investment in fixed assets (net)
+€707
Financing
-€94,715
Contributions, distributions and other
-€94,715
Cash 2025
€136,959
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,777 | €226,605 | +€42,829 | +23.3% |
| Fixed assets | 21/28 | €15,223 | €8,183 | -€7,040 | -46.2% |
| Tangible fixed assets | 22/27 | €15,223 | €8,183 | -€7,040 | -46.2% |
| Furniture and vehicles | 24 | €15,223 | €8,183 | -€7,040 | -46.2% |
| Current assets | 29/58 | €168,554 | €218,422 | +€49,868 | +29.6% |
| Amounts receivable after more than one year | 29 | €12,414 | - | -€12,414 | |
| Other amounts receivable | 291 | €12,414 | - | -€12,414 | |
| Amounts receivable within one year | 40/41 | €53,514 | €67,181 | +€13,668 | +25.5% |
| Trade receivables | 40 | €38,089 | €50,502 | +€12,412 | +32.6% |
| Other amounts receivable | 41 | €15,424 | €16,680 | +€1,255 | +8.1% |
| Cash at bank and in hand | 54/58 | €85,472 | €136,959 | +€51,487 | +60.2% |
| Deferred charges and accrued income | 490/1 | €17,155 | €14,282 | -€2,873 | -16.7% |
| Total equity and liabilities | 10/49 | €183,777 | €226,605 | +€42,829 | +23.3% |
| Equity | 10/15 | €54,875 | €54,552 | -€322 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,415 | €34,092 | -€322 | -0.9% |
| Amounts payable | 17/49 | €128,902 | €172,053 | +€43,151 | +33.5% |
| Amounts payable within one year | 42/48 | €128,902 | €172,053 | +€43,151 | +33.5% |
| Trade debts | 44 | €9,607 | €11,571 | +€1,964 | +20.4% |
| Suppliers | 440/4 | €9,607 | €11,571 | +€1,964 | +20.4% |
| Taxes, remuneration and social security | 45 | €56,028 | €65,741 | +€9,713 | +17.3% |
| Taxes | 450/3 | €19,065 | €24,806 | +€5,741 | +30.1% |
| Remuneration and social security | 454/9 | €36,964 | €40,935 | +€3,971 | +10.7% |
| Other amounts payable | 47/48 | €63,267 | €94,741 | +€31,474 | +49.7% |
| Remuneration, social security and pensions | 62 | €176,898 | €192,829 | +€15,930 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,392 | €6,333 | -€3,060 | -32.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,008 | -€1,008 | |
| Other operating charges | 640/8 | €3,805 | €2,986 | -€819 | -21.5% |
| Gross operating margin | 9900 | €256,169 | €326,320 | +€70,152 | +27.4% |
| Operating profit (loss) | 9901 | €66,073 | €125,181 | +€59,108 | +89.5% |
| Financial income | 75/76B | €570 | €159 | -€411 | -72.1% |
| Recurring financial income | 75 | €570 | €159 | -€411 | -72.1% |
| Financial charges | 65/66B | €478 | €840 | +€362 | +75.6% |
| Recurring financial charges | 65 | €478 | €840 | +€362 | +75.6% |
| Profit (loss) for the period before taxes | 9903 | €66,165 | €124,500 | +€58,336 | +88.2% |
| Income taxes | 67/77 | €18,344 | €30,108 | +€11,763 | +64.1% |
| Profit (loss) for the period | 9904 | €47,820 | €94,392 | +€46,572 | +97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,820 | €94,392 | +€46,572 | +97.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.