MISPELTER 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.
MISPELTER CONSULTING
Largest movements
- Receivables within one year +€14,157
up €14,157 (+32.4%), from €43,662 to €57,819
of which Trade receivables: +€7,255
- Cash -€7,544
down €7,544 (-25.0%), from €30,191 to €22,647
mainly Receivables within one year (-€14,157) and Investment in fixed assets (net) (-€7,753)
- Tangible fixed assets +€5,376
up €5,376 (+123%), from €4,384 to €9,760
of which Furniture and vehicles: +€5,560
- Reserves +€7,212
up €7,212 (+10.8%), from €66,598 to €73,810
of which Distributable reserves: +€7,212
- Tax, wage and social debts +€5,477
up €5,477, from €0 to €5,477
- Trade debts -€1,421
down €1,421 (-33.2%), from €4,277 to €2,856
- Financial charges +€19,610
up €19,610 (+36.3%), from €54,004 to €73,614
- Taxes -€5,099
down €5,099 (-62.4%), from €8,171 to €3,072
- Gross operating margin +€3,217
up €3,217 (+3.9%), from €83,446 to €86,663
- Depreciation +€2,361
up €2,361 (+15,956%), from €15 to €2,376
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,968 | €92,237 | +€11,268 | +13.9% |
| Fixed assets | 21/28 | €4,384 | €9,760 | +€5,376 | +123% |
| Tangible fixed assets | 22/27 | €4,384 | €9,760 | +€5,376 | +123% |
| Plant, machinery and equipment | 23 | €414 | €230 | -€184 | -44.4% |
| Furniture and vehicles | 24 | €3,970 | €9,530 | +€5,560 | +140% |
| Current assets | 29/58 | €76,585 | €82,476 | +€5,892 | +7.7% |
| Amounts receivable within one year | 40/41 | €43,662 | €57,819 | +€14,157 | +32.4% |
| Trade receivables | 40 | €28,760 | €36,015 | +€7,255 | +25.2% |
| Other amounts receivable | 41 | €14,902 | €21,805 | +€6,902 | +46.3% |
| Cash at bank and in hand | 54/58 | €30,191 | €22,647 | -€7,544 | -25.0% |
| Deferred charges and accrued income | 490/1 | €2,732 | €2,010 | -€722 | -26.4% |
| Total equity and liabilities | 10/49 | €80,968 | €92,237 | +€11,268 | +13.9% |
| Equity | 10/15 | €72,798 | €80,010 | +€7,212 | +9.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,598 | €73,810 | +€7,212 | +10.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,394 | €12,394 | = | 0.0% |
| Distributable reserves | 133 | €52,344 | €59,557 | +€7,212 | +13.8% |
| Amounts payable | 17/49 | €8,171 | €12,226 | +€4,056 | +49.6% |
| Amounts payable within one year | 42/48 | €8,171 | €12,226 | +€4,056 | +49.6% |
| Trade debts | 44 | €4,277 | €2,856 | -€1,421 | -33.2% |
| Suppliers | 440/4 | €4,277 | €2,856 | -€1,421 | -33.2% |
| Taxes, remuneration and social security | 45 | €0 | €5,477 | +€5,477 | |
| Taxes | 450/3 | €0 | €5,477 | +€5,477 | |
| Other amounts payable | 47/48 | €3,894 | €3,894 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15 | €2,376 | +€2,361 | +15,956% |
| Other operating charges | 640/8 | €446 | €706 | +€260 | +58.5% |
| Gross operating margin | 9900 | €83,446 | €86,663 | +€3,217 | +3.9% |
| Operating profit (loss) | 9901 | €82,985 | €83,581 | +€596 | +0.7% |
| Financial income | 75/76B | - | €317 | +€317 | |
| Recurring financial income | 75 | - | €317 | +€317 | |
| Financial charges | 65/66B | €54,004 | €73,614 | +€19,610 | +36.3% |
| Recurring financial charges | 65 | €54,004 | €73,614 | +€19,610 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €28,982 | €10,284 | -€18,697 | -64.5% |
| Income taxes | 67/77 | €8,171 | €3,072 | -€5,099 | -62.4% |
| Profit (loss) for the period | 9904 | €20,811 | €7,212 | -€13,598 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,811 | €7,212 | -€13,598 | -65.3% |
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 30 October 2026 via checked.be.