MOMENTUM: what changed
What changed
MOMENTUM
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€127,488
2024 · €432,560-€305,073
Equity
€828,628
2024 · €701,140+€127,488
Cash
€5,745
2024 · €9,372-€3,627
Balance sheet total
€907,562
2024 · €773,134+€134,428
Largest movements
Assets
- Receivables within one year +€75,352
up €75,352 (+77.7%), from €96,976 to €172,329
of which Trade receivables: +€60,577
- Current investments +€54,162
up €54,162 (+11.4%), from €476,101 to €530,263
- Deferred charges and accrued income +€12,260
up €12,260 (+42.9%), from €28,551 to €40,811
Equity and liabilities
- Reserves +€127,488
up €127,488 (+18.7%), from €682,590 to €810,078
- Trade debts +€26,975
up €26,975 (+221%), from €12,184 to €39,159
- Tax, wage and social debts -€20,512
down €20,512 (-39.6%), from €51,784 to €31,272
Income statement
- Gross operating margin -€456,904
down €456,904 (-71.0%), from €643,368 to €186,464
- Taxes -€144,932
down €144,932 (-70.3%), from €206,060 to €61,128
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.
Result 2024
€432,560
Gross operating margin
-€456,904
Depreciation
+€5,826
Other operating charges
+€2,415
Other operating items
+€206
Financial income
-€2,103
Financial charges
+€555
Taxes
+€144,932
Result 2025
€127,488
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€53,482
Investment
-€57,109
Financing
€0
Cash 2024
€9,372
From operations (derived)
+€53,482
Net result for the year
+€127,488
Depreciation
+€6,666
Receivables within one year
-€75,352
Deferred charges and accrued income
-€12,260
Trade debts
+€26,975
Tax, wage and social debts
-€20,512
Accrued charges and deferred income
+€477
Investment (derived)
-€57,109
Investment in fixed assets (net)
-€2,947
Current investments
-€54,162
Cash 2025
€5,745
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €773,134 | €907,562 | +€134,428 | +17.4% |
| Fixed assets | 21/28 | €62,134 | €58,415 | -€3,719 | -6.0% |
| Tangible fixed assets | 22/27 | €62,134 | €58,415 | -€3,719 | -6.0% |
| Plant, machinery and equipment | 23 | €209 | - | -€209 | |
| Furniture and vehicles | 24 | €31,113 | €27,604 | -€3,510 | -11.3% |
| Other tangible fixed assets | 26 | €30,811 | €30,811 | = | 0.0% |
| Current assets | 29/58 | €711,000 | €849,147 | +€138,147 | +19.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €96,976 | €172,329 | +€75,352 | +77.7% |
| Trade receivables | 40 | €31,387 | €91,965 | +€60,577 | +193% |
| Other amounts receivable | 41 | €65,589 | €80,364 | +€14,775 | +22.5% |
| Current investments | 50/53 | €476,101 | €530,263 | +€54,162 | +11.4% |
| Cash at bank and in hand | 54/58 | €9,372 | €5,745 | -€3,627 | -38.7% |
| Deferred charges and accrued income | 490/1 | €28,551 | €40,811 | +€12,260 | +42.9% |
| Total equity and liabilities | 10/49 | €773,134 | €907,562 | +€134,428 | +17.4% |
| Equity | 10/15 | €701,140 | €828,628 | +€127,488 | +18.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €682,590 | €810,078 | +€127,488 | +18.7% |
| Distributable reserves | 133 | €682,590 | €810,078 | +€127,488 | +18.7% |
| Amounts payable | 17/49 | €71,994 | €78,934 | +€6,940 | +9.6% |
| Amounts payable within one year | 42/48 | €63,968 | €70,431 | +€6,463 | +10.1% |
| Trade debts | 44 | €12,184 | €39,159 | +€26,975 | +221% |
| Suppliers | 440/4 | €12,184 | €39,159 | +€26,975 | +221% |
| Taxes, remuneration and social security | 45 | €51,784 | €31,272 | -€20,512 | -39.6% |
| Taxes | 450/3 | €51,784 | €31,272 | -€20,512 | -39.6% |
| Accrued charges and deferred income | 492/3 | €8,025 | €8,502 | +€477 | +5.9% |
| Non-recurring operating income | 76A | €427,514 | - | -€427,514 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,492 | €6,666 | -€5,826 | -46.6% |
| Other operating charges | 640/8 | €4,455 | €2,040 | -€2,415 | -54.2% |
| Non-recurring operating charges | 66A | €206 | - | -€206 | |
| Gross operating margin | 9900 | €643,368 | €186,464 | -€456,904 | -71.0% |
| Operating profit (loss) | 9901 | €626,215 | €177,758 | -€448,457 | -71.6% |
| Financial income | 75/76B | €15,173 | €13,070 | -€2,103 | -13.9% |
| Recurring financial income | 75 | €15,173 | €13,070 | -€2,103 | -13.9% |
| Financial charges | 65/66B | €2,768 | €2,213 | -€555 | -20.1% |
| Recurring financial charges | 65 | €2,768 | €2,213 | -€555 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €638,620 | €188,616 | -€450,005 | -70.5% |
| Income taxes | 67/77 | €206,060 | €61,128 | -€144,932 | -70.3% |
| Profit (loss) for the period | 9904 | €432,560 | €127,488 | -€305,073 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €432,560 | €127,488 | -€305,073 | -70.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.