MANAGEMENT C.S.I.: 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.
What changed
MANAGEMENT C.S.I.
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5,930
2024 · €308,820-€302,890
Equity
€508,057
2024 · €502,128+€5,930
Cash
€42,670
2024 · €39,064+€3,606
Balance sheet total
€634,887
2024 · €651,263-€16,376
Largest movements
Assets
- Tangible fixed assets -€17,196
down €17,196 (-29.6%), from €58,124 to €40,928
of which Furniture and vehicles: -€12,045
Equity and liabilities
- Tax, wage and social debts -€20,690
down €20,690 (-95.7%), from €21,614 to €925
Income statement
- Gross operating margin -€358,343
down €358,343 (-91.0%), from €393,592 to €35,249
- Taxes -€28,281
down €28,281 (-95.8%), from €29,506 to €1,225
- Financial income -€4,481
down €4,481 (-99.5%), from €4,503 to €21
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.
Result 2024
€308,820
Gross operating margin
-€358,343
Depreciation
+€0
Other operating charges
+€2,745
Other operating items
+€28,920
Financial income
-€4,481
Financial charges
-€13
Taxes
+€28,281
Result 2025
€5,930
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3,606
Investment
€0
Financing
€0
Cash 2024
€39,064
From operations (derived)
+€3,606
Net result for the year
+€5,930
Depreciation
+€17,196
Receivables within one year
+€1,426
Deferred charges and accrued income
+€1,360
Trade debts
+€2,236
Tax, wage and social debts
-€20,690
Other debts
-€1,652
Accrued charges and deferred income
-€2,199
Cash 2025
€42,670
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €651,263 | €634,887 | -€16,376 | -2.5% |
| Fixed assets | 21/28 | €58,124 | €40,928 | -€17,196 | -29.6% |
| Tangible fixed assets | 22/27 | €58,124 | €40,928 | -€17,196 | -29.6% |
| Land and buildings | 22 | €19,161 | €15,109 | -€4,052 | -21.1% |
| Plant, machinery and equipment | 23 | €7,612 | €6,514 | -€1,098 | -14.4% |
| Furniture and vehicles | 24 | €31,351 | €19,306 | -€12,045 | -38.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €593,139 | €593,959 | +€820 | +0.1% |
| Amounts receivable within one year | 40/41 | €21,390 | €19,964 | -€1,426 | -6.7% |
| Trade receivables | 40 | €20,423 | €12,018 | -€8,405 | -41.2% |
| Other amounts receivable | 41 | €967 | €7,946 | +€6,979 | +722% |
| Current investments | 50/53 | €490,000 | €490,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,064 | €42,670 | +€3,606 | +9.2% |
| Deferred charges and accrued income | 490/1 | €42,685 | €41,325 | -€1,360 | -3.2% |
| Total equity and liabilities | 10/49 | €651,263 | €634,887 | -€16,376 | -2.5% |
| Equity | 10/15 | €502,128 | €508,057 | +€5,930 | +1.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €440,128 | €446,057 | +€5,930 | +1.3% |
| Non-distributable reserves | 130/1 | €11,305 | €11,305 | = | 0.0% |
| Legal reserve | 130 | €11,305 | €11,305 | = | 0.0% |
| Distributable reserves | 133 | €428,823 | €434,753 | +€5,930 | +1.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €149,135 | €126,830 | -€22,305 | -15.0% |
| Amounts payable within one year | 42/48 | €146,936 | €126,830 | -€20,106 | -13.7% |
| Trade debts | 44 | €36 | €2,271 | +€2,236 | +6,297% |
| Suppliers | 440/4 | €36 | €2,271 | +€2,236 | +6,297% |
| Taxes, remuneration and social security | 45 | €21,614 | €925 | -€20,690 | -95.7% |
| Taxes | 450/3 | €21,614 | €925 | -€20,690 | -95.7% |
| Other amounts payable | 47/48 | €125,286 | €123,634 | -€1,652 | -1.3% |
| Accrued charges and deferred income | 492/3 | €2,199 | €0 | -€2,199 | -100% |
| Non-recurring operating income | 76A | €343,531 | €0 | -€343,531 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,196 | €17,196 | -€0 | 0.0% |
| Other operating charges | 640/8 | €13,179 | €10,434 | -€2,745 | -20.8% |
| Non-recurring operating charges | 66A | €28,920 | €0 | -€28,920 | -100% |
| Gross operating margin | 9900 | €393,592 | €35,249 | -€358,343 | -91.0% |
| Operating profit (loss) | 9901 | €334,297 | €7,620 | -€326,677 | -97.7% |
| Financial income | 75/76B | €4,503 | €21 | -€4,481 | -99.5% |
| Recurring financial income | 75 | €4,503 | €21 | -€4,481 | -99.5% |
| Financial charges | 65/66B | €473 | €486 | +€13 | +2.7% |
| Recurring financial charges | 65 | €473 | €486 | +€13 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €338,326 | €7,155 | -€331,171 | -97.9% |
| Income taxes | 67/77 | €29,506 | €1,225 | -€28,281 | -95.8% |
| Profit (loss) for the period | 9904 | €308,820 | €5,930 | -€302,890 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €308,820 | €5,930 | -€302,890 | -98.1% |
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 19 October 2026 via checked.be.