MEDEF CONSULTING: what changed
MEDEF CONSULTING
Largest movements
- Cash -€58,546
down €58,546 (-48.3%), from €121,256 to €62,709
mainly Receivables within one year (-€58,349) and Contributions, distributions and other (-€13,500)
- Receivables within one year +€58,349
up €58,349 (+197%), from €29,687 to €88,036
of which Other amounts receivable: +€36,371
- Other debts +€13,500
new in 2025: €13,500
- Reserves -€7,515
down €7,515 (-3.7%), from €204,505 to €196,990
of which Distributable reserves: -€7,515
- Tax, wage and social debts -€6,789
down €6,789 (-53.1%), from €12,780 to €5,991
of which Taxes: -€11,948
- Gross operating margin -€60,650
down €60,650 (-63.1%), from €96,145 to €35,495
- Staff costs -€15,144
down €15,144 (-45.5%), from €33,305 to €18,162
- Taxes -€14,736
down €14,736 (-94.3%), from €15,629 to €893
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 | €223,485 | €222,680 | -€805 | -0.4% |
| Fixed assets | 21/28 | €63,977 | €63,726 | -€251 | -0.4% |
| Tangible fixed assets | 22/27 | €9,977 | €9,726 | -€251 | -2.5% |
| Plant, machinery and equipment | 23 | €4,261 | €3,145 | -€1,116 | -26.2% |
| Furniture and vehicles | 24 | €5,715 | €6,580 | +€865 | +15.1% |
| Financial fixed assets | 28 | €54,000 | €54,000 | = | 0.0% |
| Current assets | 29/58 | €159,508 | €158,955 | -€554 | -0.3% |
| Amounts receivable within one year | 40/41 | €29,687 | €88,036 | +€58,349 | +197% |
| Trade receivables | 40 | €28,934 | €50,913 | +€21,979 | +76.0% |
| Other amounts receivable | 41 | €753 | €37,123 | +€36,371 | +4,833% |
| Cash at bank and in hand | 54/58 | €121,256 | €62,709 | -€58,546 | -48.3% |
| Deferred charges and accrued income | 490/1 | €8,566 | €8,209 | -€357 | -4.2% |
| Total equity and liabilities | 10/49 | €223,485 | €222,680 | -€805 | -0.4% |
| Equity | 10/15 | €210,705 | €203,190 | -€7,515 | -3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €204,505 | €196,990 | -€7,515 | -3.7% |
| 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 | €202,645 | €195,130 | -€7,515 | -3.7% |
| Amounts payable | 17/49 | €12,780 | €19,491 | +€6,711 | +52.5% |
| Amounts payable within one year | 42/48 | €12,780 | €19,491 | +€6,711 | +52.5% |
| Taxes, remuneration and social security | 45 | €12,780 | €5,991 | -€6,789 | -53.1% |
| Taxes | 450/3 | €12,780 | €832 | -€11,948 | -93.5% |
| Remuneration and social security | 454/9 | - | €5,159 | +€5,159 | |
| Other amounts payable | 47/48 | - | €13,500 | +€13,500 | |
| Non-recurring operating income | 76A | - | €6,835 | +€6,835 | |
| Remuneration, social security and pensions | 62 | €33,305 | €18,162 | -€15,144 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,521 | €5,016 | -€505 | -9.1% |
| Other operating charges | 640/8 | €1,280 | €957 | -€323 | -25.2% |
| Non-recurring operating charges | 66A | - | €962 | +€962 | |
| Gross operating margin | 9900 | €96,145 | €35,495 | -€60,650 | -63.1% |
| Operating profit (loss) | 9901 | €56,039 | €10,399 | -€45,640 | -81.4% |
| Financial income | 75/76B | €210 | €312 | +€103 | +49.0% |
| Recurring financial income | 75 | €210 | €312 | +€103 | +49.0% |
| Financial charges | 65/66B | €4,219 | €3,833 | -€386 | -9.2% |
| Recurring financial charges | 65 | €4,219 | €3,833 | -€386 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €52,030 | €6,878 | -€45,152 | -86.8% |
| Income taxes | 67/77 | €15,629 | €893 | -€14,736 | -94.3% |
| Profit (loss) for the period | 9904 | €36,400 | €5,985 | -€30,416 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,400 | €5,985 | -€30,416 | -83.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.