Menue Consulting: 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.
Menue Consulting
Largest movements
- Stocks and contracts +€423,788
up €423,788 (+265%), from €160,208 to €583,997
- Tangible fixed assets -€421,761
down €421,761 (-19.3%), from €2.2m to €1.8m
of which Land and buildings: -€406,253
- Deferred charges and accrued income -€53,980
down €53,980 (-95.5%), from €56,518 to €2,539
- Cash -€27,241
down €27,241 (-77.4%), from €35,206 to €7,965
mainly Stocks and contracts (-€423,788) and Debts after one year (-€259,408)
- Debts after one year -€259,408
down €259,408 (-11.7%), from €2.2m to €2.0m
- Current portion of long-term debt +€129,683
up €129,683 (+92.7%), from €139,944 to €269,627
- Reserves +€40,000
up €40,000 (+33.2%), from €120,618 to €160,618
- Financial charges -€17,320
down €17,320 (-20.6%), from €84,081 to €66,761
- Depreciation -€12,209
down €12,209 (-18.0%), from €67,774 to €55,566
- Taxes +€11,063
up €11,063 (+253%), from €4,371 to €15,434
- Gross operating margin -€5,228
down €5,228 (-2.8%), from €186,628 to €181,400
- Other operating charges -€3,166
down €3,166 (-56.8%), from €5,569 to €2,403
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 | €2,688,207 | €2,582,582 | -€105,625 | -3.9% |
| Fixed assets | 21/28 | €2,336,130 | €1,914,369 | -€421,761 | -18.1% |
| Tangible fixed assets | 22/27 | €2,186,130 | €1,764,369 | -€421,761 | -19.3% |
| Land and buildings | 22 | €2,127,803 | €1,721,550 | -€406,253 | -19.1% |
| Plant, machinery and equipment | 23 | €2,974 | €6,119 | +€3,146 | +106% |
| Furniture and vehicles | 24 | €55,353 | €36,699 | -€18,654 | -33.7% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €352,076 | €668,213 | +€316,136 | +89.8% |
| Stocks and contracts in progress | 3 | €160,208 | €583,997 | +€423,788 | +265% |
| Stocks | 30/36 | €160,208 | €583,997 | +€423,788 | +265% |
| Amounts receivable within one year | 40/41 | €100,144 | €73,713 | -€26,431 | -26.4% |
| Trade receivables | 40 | €100,144 | €73,713 | -€26,431 | -26.4% |
| Cash at bank and in hand | 54/58 | €35,206 | €7,965 | -€27,241 | -77.4% |
| Deferred charges and accrued income | 490/1 | €56,518 | €2,539 | -€53,980 | -95.5% |
| Total equity and liabilities | 10/49 | €2,688,207 | €2,582,582 | -€105,625 | -3.9% |
| Equity | 10/15 | €121,059 | €161,622 | +€40,563 | +33.5% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €120,618 | €160,618 | +€40,000 | +33.2% |
| Distributable reserves | 133 | €120,618 | €160,618 | +€40,000 | +33.2% |
| Profit (loss) carried forward | 14 | €241 | €804 | +€563 | +233% |
| Amounts payable | 17/49 | €2,567,147 | €2,420,959 | -€146,188 | -5.7% |
| Amounts payable after more than one year | 17 | €2,221,165 | €1,961,757 | -€259,408 | -11.7% |
| Financial debts | 170/4 | €2,221,165 | €1,961,757 | -€259,408 | -11.7% |
| Amounts payable within one year | 42/48 | €334,974 | €452,281 | +€117,306 | +35.0% |
| Current portion of amounts payable after more than one year | 42 | €139,944 | €269,627 | +€129,683 | +92.7% |
| Trade debts | 44 | €33,122 | €10,446 | -€22,677 | -68.5% |
| Suppliers | 440/4 | €33,122 | €10,446 | -€22,677 | -68.5% |
| Advances received on contracts in progress | 46 | €3,350 | €5,825 | +€2,475 | +73.9% |
| Taxes, remuneration and social security | 45 | €25,593 | €47,164 | +€21,571 | +84.3% |
| Taxes | 450/3 | €25,593 | €47,164 | +€21,571 | +84.3% |
| Other amounts payable | 47/48 | €132,965 | €119,218 | -€13,747 | -10.3% |
| Accrued charges and deferred income | 492/3 | €11,008 | €6,922 | -€4,086 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,774 | €55,566 | -€12,209 | -18.0% |
| Other operating charges | 640/8 | €5,569 | €2,403 | -€3,166 | -56.8% |
| Non-recurring operating charges | 66A | €2,606 | €1,766 | -€839 | -32.2% |
| Gross operating margin | 9900 | €186,628 | €181,400 | -€5,228 | -2.8% |
| Operating profit (loss) | 9901 | €110,679 | €121,665 | +€10,986 | +9.9% |
| Financial income | 75/76B | €0 | €1,094 | +€1,094 | +1,562,314% |
| Recurring financial income | 75 | €0 | €1,094 | +€1,094 | +1,562,314% |
| Financial charges | 65/66B | €84,081 | €66,761 | -€17,320 | -20.6% |
| Recurring financial charges | 65 | €84,081 | €66,761 | -€17,320 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €26,599 | €55,998 | +€29,399 | +111% |
| Income taxes | 67/77 | €4,371 | €15,434 | +€11,063 | +253% |
| Profit (loss) for the period | 9904 | €22,228 | €40,563 | +€18,335 | +82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,228 | €40,563 | +€18,335 | +82.5% |
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 19 October 2026 via checked.be.