MASIVE CONSULT: what changed
Two fiscal 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.
MASIVE CONSULT
Largest movements
- Current investments +€85,000
up €85,000 (+100.0%), from €85,000 to €170,000
- Receivables within one year -€64,187
down €64,187 (-65.0%), from €98,784 to €34,598
of which Other amounts receivable: -€35,475
- Cash +€54,839
up €54,839 (+116.7%), from €46,984 to €101,823
mainly Net result for the year (+€100,896) and Receivables within one year (+€64,187)
- Tangible fixed assets -€6,470
down €6,470 (-17.4%), from €37,167 to €30,696
of which Furniture and vehicles: -€3,451
- Reserves +€100,896
up €100,896 (+62.6%), from €161,183 to €262,079
- Tax, wage and social debts -€27,578
down €27,578 (-34.4%), from €80,191 to €52,613
- Depreciation -€6,767
down €6,767 (-51.1%), from €13,237 to €6,470
- Financial income +€6,233
up €6,233 (+179.4%), from €3,474 to €9,707
- Taxes +€4,550
up €4,550 (+11.6%), from €39,205 to €43,755
- Gross operating margin +€2,011
up €2,011 (+1.4%), from €141,996 to €144,007
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.
Cash bridge derived
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 | €273,465 | €345,077 | +€71,611 | +26.2% |
| Fixed assets | 21/28 | €37,167 | €30,696 | -€6,470 | -17.4% |
| Tangible fixed assets | 22/27 | €37,167 | €30,696 | -€6,470 | -17.4% |
| Land and buildings | 22 | €31,755 | €28,735 | -€3,020 | -9.5% |
| Furniture and vehicles | 24 | €5,412 | €1,961 | -€3,451 | -63.8% |
| Current assets | 29/58 | €236,299 | €314,380 | +€78,081 | +33.0% |
| Amounts receivable within one year | 40/41 | €98,784 | €34,598 | -€64,187 | -65.0% |
| Trade receivables | 40 | €52,170 | €23,458 | -€28,712 | -55.0% |
| Other amounts receivable | 41 | €46,614 | €11,139 | -€35,475 | -76.1% |
| Current investments | 50/53 | €85,000 | €170,000 | +€85,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €46,984 | €101,823 | +€54,839 | +116.7% |
| Deferred charges and accrued income | 490/1 | €5,531 | €7,959 | +€2,429 | +43.9% |
| Total equity and liabilities | 10/49 | €273,465 | €345,077 | +€71,611 | +26.2% |
| Equity | 10/15 | €164,183 | €265,079 | +€100,896 | +61.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €161,183 | €262,079 | +€100,896 | +62.6% |
| Distributable reserves | 133 | €161,183 | €262,079 | +€100,896 | +62.6% |
| Amounts payable | 17/49 | €109,282 | €79,998 | -€29,285 | -26.8% |
| Amounts payable after more than one year | 17 | €27,059 | €25,437 | -€1,623 | -6.0% |
| Financial debts | 170/4 | €27,059 | €25,437 | -€1,623 | -6.0% |
| Amounts payable within one year | 42/48 | €82,046 | €54,257 | -€27,789 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €1,561 | €1,623 | +€61 | +3.9% |
| Trade debts | 44 | €294 | €22 | -€272 | -92.6% |
| Suppliers | 440/4 | €294 | €22 | -€272 | -92.6% |
| Taxes, remuneration and social security | 45 | €80,191 | €52,613 | -€27,578 | -34.4% |
| Taxes | 450/3 | €80,191 | €52,613 | -€27,578 | -34.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €177 | €304 | +€127 | +71.8% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,237 | €6,470 | -€6,767 | -51.1% |
| Other operating charges | 640/8 | €1,205 | €1,129 | -€76 | -6.3% |
| Gross operating margin | 9900 | €141,996 | €144,007 | +€2,011 | +1.4% |
| Operating profit (loss) | 9901 | €127,553 | €136,407 | +€8,854 | +6.9% |
| Financial income | 75/76B | €3,474 | €9,707 | +€6,233 | +179.4% |
| Recurring financial income | 75 | €3,474 | €9,707 | +€6,233 | +179.4% |
| Financial charges | 65/66B | €1,121 | €1,463 | +€341 | +30.4% |
| Recurring financial charges | 65 | €1,121 | €1,463 | +€341 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €129,905 | €144,651 | +€14,746 | +11.4% |
| Income taxes | 67/77 | €39,205 | €43,755 | +€4,550 | +11.6% |
| Profit (loss) for the period | 9904 | €90,700 | €100,896 | +€10,196 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €90,700 | €100,896 | +€10,196 | +11.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.