MASSIVE CONSULTING: what changed
MASSIVE CONSULTING
Largest movements
- Cash +€59,393
up €59,393 (+21.4%), from €277,745 to €337,139
mainly Net result for the year (+€33,003) and Receivables within one year (+€19,680)
- Receivables within one year -€19,680
down €19,680 (-32.0%), from €61,586 to €41,906
of which Trade receivables: -€21,230
- Reserves +€33,000
up €33,000 (+11.6%), from €285,560 to €318,560
of which Distributable reserves: +€33,000
- Trade debts +€15,208
new in 2025: €15,208
- Tax, wage and social debts -€9,041
down €9,041 (-35.0%), from €25,802 to €16,761
- Gross operating margin -€83,899
down €83,899 (-64.3%), from €130,460 to €46,561
- Taxes -€24,268
down €24,268 (-65.3%), from €37,156 to €12,888
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 | €339,511 | €379,092 | +€39,580 | +11.7% |
| Fixed assets | 21/28 | €180 | €47 | -€133 | -73.7% |
| Tangible fixed assets | 22/27 | €180 | €47 | -€133 | -73.7% |
| Furniture and vehicles | 24 | €180 | €47 | -€133 | -73.7% |
| Current assets | 29/58 | €339,332 | €379,045 | +€39,713 | +11.7% |
| Amounts receivable within one year | 40/41 | €61,586 | €41,906 | -€19,680 | -32.0% |
| Trade receivables | 40 | €61,586 | €40,356 | -€21,230 | -34.5% |
| Other amounts receivable | 41 | - | €1,550 | +€1,550 | |
| Cash at bank and in hand | 54/58 | €277,745 | €337,139 | +€59,393 | +21.4% |
| Total equity and liabilities | 10/49 | €339,511 | €379,092 | +€39,580 | +11.7% |
| Equity | 10/15 | €309,458 | €342,460 | +€33,003 | +10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €285,560 | €318,560 | +€33,000 | +11.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €283,700 | €316,700 | +€33,000 | +11.6% |
| Profit (loss) carried forward | 14 | €11,498 | €11,500 | +€3 | 0.0% |
| Amounts payable | 17/49 | €30,054 | €36,632 | +€6,578 | +21.9% |
| Amounts payable within one year | 42/48 | €30,054 | €36,632 | +€6,578 | +21.9% |
| Trade debts | 44 | - | €15,208 | +€15,208 | |
| Suppliers | 440/4 | - | €15,208 | +€15,208 | |
| Taxes, remuneration and social security | 45 | €25,802 | €16,761 | -€9,041 | -35.0% |
| Taxes | 450/3 | €25,802 | €16,761 | -€9,041 | -35.0% |
| Other amounts payable | 47/48 | €4,252 | €4,663 | +€411 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239 | €133 | -€106 | -44.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €130,460 | €46,561 | -€83,899 | -64.3% |
| Operating profit (loss) | 9901 | €129,834 | €46,029 | -€83,806 | -64.5% |
| Financial charges | 65/66B | €138 | €138 | = | 0.0% |
| Recurring financial charges | 65 | €138 | €138 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €129,696 | €45,890 | -€83,806 | -64.6% |
| Income taxes | 67/77 | €37,156 | €12,888 | -€24,268 | -65.3% |
| Profit (loss) for the period | 9904 | €92,540 | €33,003 | -€59,538 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €92,540 | €33,003 | -€59,538 | -64.3% |
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 1 November 2026 via checked.be.