Management Consultants & Software Solutions: 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.
Management Consultants & Software Solutions
Largest movements
- Cash -€57,131
down €57,131 (-45.3%), from €126,241 to €69,110
mainly Contributions, distributions and other (-€43,000) and Receivables within one year (-€39,499)
- Receivables within one year +€39,499
up €39,499 (+138%), from €28,618 to €68,117
of which Trade receivables: +€31,804
- Tangible fixed assets -€23,538
down €23,538 (-13.9%), from €169,533 to €145,996
of which Land and buildings: -€25,666
- Reserves -€28,724
down €28,724 (-11.2%), from €255,756 to €227,032
of which Non-distributable reserves: -€33,000
- Debts after one year -€25,944
down €25,944 (-94.3%), from €27,506 to €1,563
- Trade debts +€9,192
up €9,192 (+447%), from €2,056 to €11,248
- Tax, wage and social debts +€4,820
up €4,820 (+72.7%), from €6,629 to €11,449
of which Taxes: +€3,709
- Gross operating margin -€34,140
down €34,140 (-38.0%), from €89,925 to €55,785
- Taxes -€8,432
down €8,432 (-55.3%), from €15,259 to €6,827
- Other operating charges -€4,599
down €4,599 (-65.4%), from €7,031 to €2,432
- Financial income +€1,025
up €1,025 (+93.0%), from €1,102 to €2,127
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 | €336,735 | €295,835 | -€40,900 | -12.1% |
| Fixed assets | 21/28 | €169,533 | €145,996 | -€23,538 | -13.9% |
| Tangible fixed assets | 22/27 | €169,533 | €145,996 | -€23,538 | -13.9% |
| Land and buildings | 22 | €150,123 | €124,458 | -€25,666 | -17.1% |
| Plant, machinery and equipment | 23 | €3,874 | €11,056 | +€7,182 | +185% |
| Furniture and vehicles | 24 | €15,536 | €10,483 | -€5,054 | -32.5% |
| Current assets | 29/58 | €167,201 | €149,839 | -€17,362 | -10.4% |
| Amounts receivable within one year | 40/41 | €28,618 | €68,117 | +€39,499 | +138% |
| Trade receivables | 40 | €19,712 | €51,516 | +€31,804 | +161% |
| Other amounts receivable | 41 | €8,906 | €16,601 | +€7,695 | +86.4% |
| Current investments | 50/53 | €5,788 | €5,788 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €126,241 | €69,110 | -€57,131 | -45.3% |
| Deferred charges and accrued income | 490/1 | €6,554 | €6,824 | +€270 | +4.1% |
| Total equity and liabilities | 10/49 | €336,735 | €295,835 | -€40,900 | -12.1% |
| Equity | 10/15 | €274,356 | €245,632 | -€28,724 | -10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €255,756 | €227,032 | -€28,724 | -11.2% |
| Non-distributable reserves | 130/1 | €180,272 | €147,272 | -€33,000 | -18.3% |
| Reserves not available under the articles | 1311 | €180,272 | €147,272 | -€33,000 | -18.3% |
| Distributable reserves | 133 | €75,484 | €79,760 | +€4,276 | +5.7% |
| Amounts payable | 17/49 | €62,379 | €50,203 | -€12,176 | -19.5% |
| Amounts payable after more than one year | 17 | €27,506 | €1,563 | -€25,944 | -94.3% |
| Financial debts | 170/4 | €27,506 | €1,563 | -€25,944 | -94.3% |
| Amounts payable within one year | 42/48 | €34,872 | €48,640 | +€13,768 | +39.5% |
| Financial debts | 43 | €25,537 | €25,944 | +€406 | +1.6% |
| Credit institutions | 430/8 | €25,537 | €25,944 | +€406 | +1.6% |
| Trade debts | 44 | €2,056 | €11,248 | +€9,192 | +447% |
| Suppliers | 440/4 | €2,056 | €11,248 | +€9,192 | +447% |
| Taxes, remuneration and social security | 45 | €6,629 | €11,449 | +€4,820 | +72.7% |
| Taxes | 450/3 | €6,601 | €10,310 | +€3,709 | +56.2% |
| Remuneration and social security | 454/9 | €28 | €1,139 | +€1,111 | +4,011% |
| Other amounts payable | 47/48 | €650 | - | -€650 | |
| Non-recurring operating income | 76A | €3,500 | - | -€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,040 | €32,353 | +€313 | +1.0% |
| Other operating charges | 640/8 | €7,031 | €2,432 | -€4,599 | -65.4% |
| Gross operating margin | 9900 | €89,925 | €55,785 | -€34,140 | -38.0% |
| Operating profit (loss) | 9901 | €50,855 | €21,000 | -€29,854 | -58.7% |
| Financial income | 75/76B | €1,102 | €2,127 | +€1,025 | +93.0% |
| Recurring financial income | 75 | €1,102 | €2,127 | +€1,025 | +93.0% |
| Financial charges | 65/66B | €2,587 | €2,024 | -€563 | -21.8% |
| Recurring financial charges | 65 | €2,587 | €2,024 | -€563 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €49,370 | €21,103 | -€28,267 | -57.3% |
| Income taxes | 67/77 | €15,259 | €6,827 | -€8,432 | -55.3% |
| Profit (loss) for the period | 9904 | €34,111 | €14,276 | -€19,835 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,111 | €14,276 | -€19,835 | -58.1% |
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 23 October 2026 via checked.be.