Mulan 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.
Mulan Consulting
Largest movements
- Receivables within one year -€53,913
down €53,913 (-34.7%), from €155,344 to €101,431
of which Other amounts receivable: -€79,190
- Cash +€9,594
up €9,594 (+41,068%), from €23 to €9,617
mainly Receivables within one year (+€53,913) and Tax, wage and social debts (+€12,292)
- Debts after one year -€47,837
down €47,837 (-41.7%), from €114,780 to €66,942
- Tax, wage and social debts +€12,292
new in 2025: €12,292
- Trade debts -€7,276
down €7,276 (-77.5%), from €9,395 to €2,118
- Gross operating margin +€90,664
up €90,664, from -€61,476 to €29,188
- Other operating charges +€28,500
up €28,500 (+45,967%), from €62 to €28,562
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 | €155,367 | €111,047 | -€44,319 | -28.5% |
| Current assets | 29/58 | €155,367 | €111,047 | -€44,319 | -28.5% |
| Amounts receivable within one year | 40/41 | €155,344 | €101,431 | -€53,913 | -34.7% |
| Trade receivables | 40 | €76,154 | €101,431 | +€25,277 | +33.2% |
| Other amounts receivable | 41 | €79,190 | - | -€79,190 | |
| Cash at bank and in hand | 54/58 | €23 | €9,617 | +€9,594 | +41,068% |
| Total equity and liabilities | 10/49 | €155,367 | €111,047 | -€44,319 | -28.5% |
| Equity | 10/15 | €31,192 | €29,695 | -€1,497 | -4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,592 | €11,095 | -€1,497 | -11.9% |
| 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 | €10,732 | €9,235 | -€1,497 | -14.0% |
| Amounts payable | 17/49 | €124,175 | €81,352 | -€42,822 | -34.5% |
| Amounts payable after more than one year | 17 | €114,780 | €66,942 | -€47,837 | -41.7% |
| Other amounts payable | 178/9 | €114,780 | €66,942 | -€47,837 | -41.7% |
| Amounts payable within one year | 42/48 | €9,395 | €14,410 | +€5,015 | +53.4% |
| Trade debts | 44 | €9,395 | €2,118 | -€7,276 | -77.5% |
| Suppliers | 440/4 | €9,395 | €2,118 | -€7,276 | -77.5% |
| Taxes, remuneration and social security | 45 | - | €12,292 | +€12,292 | |
| Taxes | 450/3 | - | €12,292 | +€12,292 | |
| Other operating charges | 640/8 | €62 | €28,562 | +€28,500 | +45,967% |
| Gross operating margin | 9900 | -€61,476 | €29,188 | +€90,664 | |
| Operating profit (loss) | 9901 | -€61,538 | €626 | +€62,164 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,661 | €2,123 | -€538 | -20.2% |
| Recurring financial charges | 65 | €2,661 | €2,123 | -€538 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | -€64,199 | -€1,497 | +€62,702 | +97.7% |
| Profit (loss) for the period | 9904 | -€64,199 | -€1,497 | +€62,702 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,199 | -€1,497 | +€62,702 | +97.7% |
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 31 October 2026 via checked.be.