Niche Consult: what changed
What changed
Niche Consult
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€40,051
2024 · €65,513-€25,461
Equity
€184,634
2024 · €144,583+€40,051
Cash
€108,479
2024 · €34,611+€73,868
Balance sheet total
€200,596
2024 · €161,752+€38,845
Largest movements
Assets
- Cash +€73,868
up €73,868 (+213%), from €34,611 to €108,479
mainly Net result for the year (+€40,051) and Current investments (+€40,000)
- Current investments -€40,000
down €40,000 (-59.2%), from €67,564 to €27,564
Equity and liabilities
- Reserves +€40,051
up €40,051 (+28.6%), from €140,083 to €180,134
- Trade debts -€6,884
down €6,884 (-40.9%), from €16,826 to €9,942
- Tax, wage and social debts +€5,677
up €5,677 (+1,656%), from €343 to €6,020
Income statement
- Gross operating margin -€32,782
down €32,782 (-36.6%), from €89,519 to €56,737
- Taxes -€6,151
down €6,151 (-32.6%), from €18,884 to €12,734
- Financial income +€1,643
up €1,643 (+496%), from €331 to €1,973
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
€65,513
Gross operating margin
-€32,782
Depreciation
-€359
Other operating charges
+€140
Financial income
+€1,643
Financial charges
-€254
Taxes
+€6,151
Result 2025
€40,051
raises the resultlowers the result
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
+€39,300
Investment
+€34,568
Financing
€0
Cash 2024
€34,611
From operations (derived)
+€39,300
Net result for the year
+€40,051
Depreciation
+€3,340
Receivables after one year
-€641
Receivables within one year
-€1,552
Deferred charges and accrued income
-€690
Trade debts
-€6,884
Tax, wage and social debts
+€5,677
Investment (derived)
+€34,568
Investment in fixed assets (net)
-€5,432
Current investments
+€40,000
Cash 2025
€108,479
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,752 | €200,596 | +€38,845 | +24.0% |
| Fixed assets | 21/28 | €5,536 | €7,628 | +€2,092 | +37.8% |
| Tangible fixed assets | 22/27 | €5,496 | €5,588 | +€92 | +1.7% |
| Plant, machinery and equipment | 23 | €2,304 | €1,551 | -€753 | -32.7% |
| Furniture and vehicles | 24 | €3,192 | €4,037 | +€846 | +26.5% |
| Financial fixed assets | 28 | €40 | €2,040 | +€2,000 | +5,000% |
| Current assets | 29/58 | €156,216 | €192,968 | +€36,752 | +23.5% |
| Amounts receivable after more than one year | 29 | €25,660 | €26,301 | +€641 | +2.5% |
| Other amounts receivable | 291 | €25,660 | €26,301 | +€641 | +2.5% |
| Stocks and contracts in progress | 3 | €890 | €890 | = | 0.0% |
| Stocks | 30/36 | €890 | €890 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,648 | €27,200 | +€1,552 | +6.1% |
| Trade receivables | 40 | €14,098 | €13,876 | -€222 | -1.6% |
| Other amounts receivable | 41 | €11,549 | €13,324 | +€1,775 | +15.4% |
| Current investments | 50/53 | €67,564 | €27,564 | -€40,000 | -59.2% |
| Cash at bank and in hand | 54/58 | €34,611 | €108,479 | +€73,868 | +213% |
| Deferred charges and accrued income | 490/1 | €1,844 | €2,534 | +€690 | +37.4% |
| Total equity and liabilities | 10/49 | €161,752 | €200,596 | +€38,845 | +24.0% |
| Equity | 10/15 | €144,583 | €184,634 | +€40,051 | +27.7% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €140,083 | €180,134 | +€40,051 | +28.6% |
| Distributable reserves | 133 | €140,083 | €180,134 | +€40,051 | +28.6% |
| Amounts payable | 17/49 | €17,169 | €15,962 | -€1,207 | -7.0% |
| Amounts payable within one year | 42/48 | €17,169 | €15,962 | -€1,207 | -7.0% |
| Trade debts | 44 | €16,826 | €9,942 | -€6,884 | -40.9% |
| Suppliers | 440/4 | €16,826 | €9,942 | -€6,884 | -40.9% |
| Taxes, remuneration and social security | 45 | €343 | €6,020 | +€5,677 | +1,656% |
| Taxes | 450/3 | €343 | €6,020 | +€5,677 | +1,656% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,981 | €3,340 | +€359 | +12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,359 | €1,219 | -€140 | -10.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €89,519 | €56,737 | -€32,782 | -36.6% |
| Operating profit (loss) | 9901 | €85,179 | €52,179 | -€33,001 | -38.7% |
| Financial income | 75/76B | €331 | €1,973 | +€1,643 | +496% |
| Recurring financial income | 75 | €331 | €1,973 | +€1,643 | +496% |
| Financial charges | 65/66B | €1,113 | €1,367 | +€254 | +22.8% |
| Recurring financial charges | 65 | €1,113 | €1,367 | +€254 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €84,397 | €52,785 | -€31,612 | -37.5% |
| Income taxes | 67/77 | €18,884 | €12,734 | -€6,151 | -32.6% |
| Profit (loss) for the period | 9904 | €65,513 | €40,051 | -€25,461 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,513 | €40,051 | -€25,461 | -38.9% |
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 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.