Management Consulting and Technology: what changed
Management Consulting and Technology
Largest movements
- Cash +€24,771
up €24,771 (+75.3%), from €32,892 to €57,663
mainly Net result for the year (+€46,689) and Tax, wage and social debts (+€4,020)
- Receivables within one year +€9,078
up €9,078 (+16.5%), from €54,944 to €64,023
of which Other amounts receivable: +€6,314
- Tangible fixed assets +€3,551
up €3,551 (+120%), from €2,967 to €6,518
- Reserves +€46,689
up €46,689 (+132%), from €35,292 to €81,981
- Other debts -€11,649
down €11,649 (-49.7%), from €23,429 to €11,780
- Tax, wage and social debts +€4,020
up €4,020 (+14.0%), from €28,769 to €32,788
of which Taxes: +€4,076
- Trade debts -€1,345
down €1,345 (-52.2%), from €2,579 to €1,234
- Gross operating margin +€18,483
up €18,483 (+37.0%), from €49,907 to €68,390
- Taxes +€4,954
up €4,954 (+34.6%), from €14,320 to €19,274
- Depreciation +€1,916
up €1,916 (+5,830%), from €33 to €1,949
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,196 | €129,783 | +€37,587 | +40.8% |
| Fixed assets | 21/28 | €2,967 | €6,518 | +€3,551 | +120% |
| Tangible fixed assets | 22/27 | €2,967 | €6,518 | +€3,551 | +120% |
| Furniture and vehicles | 24 | €2,967 | €6,518 | +€3,551 | +120% |
| Current assets | 29/58 | €89,229 | €123,265 | +€34,036 | +38.1% |
| Amounts receivable within one year | 40/41 | €54,944 | €64,023 | +€9,078 | +16.5% |
| Trade receivables | 40 | €18,944 | €21,709 | +€2,764 | +14.6% |
| Other amounts receivable | 41 | €36,000 | €42,314 | +€6,314 | +17.5% |
| Cash at bank and in hand | 54/58 | €32,892 | €57,663 | +€24,771 | +75.3% |
| Deferred charges and accrued income | 490/1 | €1,392 | €1,579 | +€187 | +13.5% |
| Total equity and liabilities | 10/49 | €92,196 | €129,783 | +€37,587 | +40.8% |
| Equity | 10/15 | €37,292 | €83,981 | +€46,689 | +125% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €35,292 | €81,981 | +€46,689 | +132% |
| Distributable reserves | 133 | €35,292 | €81,981 | +€46,689 | +132% |
| Amounts payable | 17/49 | €54,903 | €45,802 | -€9,101 | -16.6% |
| Amounts payable within one year | 42/48 | €54,777 | €45,802 | -€8,975 | -16.4% |
| Trade debts | 44 | €2,579 | €1,234 | -€1,345 | -52.2% |
| Suppliers | 440/4 | €2,579 | €1,234 | -€1,345 | -52.2% |
| Taxes, remuneration and social security | 45 | €28,769 | €32,788 | +€4,020 | +14.0% |
| Taxes | 450/3 | €25,282 | €29,358 | +€4,076 | +16.1% |
| Remuneration and social security | 454/9 | €3,487 | €3,430 | -€57 | -1.6% |
| Other amounts payable | 47/48 | €23,429 | €11,780 | -€11,649 | -49.7% |
| Accrued charges and deferred income | 492/3 | €127 | - | -€127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €1,949 | +€1,916 | +5,830% |
| Other operating charges | 640/8 | €212 | €456 | +€244 | +115% |
| Gross operating margin | 9900 | €49,907 | €68,390 | +€18,483 | +37.0% |
| Operating profit (loss) | 9901 | €49,662 | €65,985 | +€16,323 | +32.9% |
| Financial income | 75/76B | - | €115 | +€115 | |
| Recurring financial income | 75 | - | €115 | +€115 | |
| Financial charges | 65/66B | €50 | €137 | +€87 | +176% |
| Recurring financial charges | 65 | €50 | €137 | +€87 | +176% |
| Profit (loss) for the period before taxes | 9903 | €49,612 | €65,962 | +€16,350 | +33.0% |
| Income taxes | 67/77 | €14,320 | €19,274 | +€4,954 | +34.6% |
| Profit (loss) for the period | 9904 | €35,292 | €46,689 | +€11,396 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,292 | €46,689 | +€11,396 | +32.3% |
Next steps
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 3 November 2026 via checked.be.