OBJECTIF CONSULT: 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.
OBJECTIF CONSULT
Largest movements
- Cash -€29,188
down €29,188 (-43.7%), from €66,728 to €37,540
mainly Tax, wage and social debts (-€30,255) and Receivables within one year (-€10,995)
- Receivables within one year +€10,995
up €10,995 (+2,456%), from €448 to €11,443
of which Other amounts receivable: +€9,690
- Tangible fixed assets -€9,407
down €9,407 (-41.3%), from €22,760 to €13,352
of which Furniture and vehicles: -€9,125
- Tax, wage and social debts -€30,255
no longer reported in 2025 (was €30,255)
- Reserves +€10,000
up €10,000 (+16.2%), from €61,860 to €71,860
of which Distributable reserves: +€10,000
- Trade debts -€8,579
down €8,579 (-54.6%), from €15,702 to €7,123
- Profit (loss) carried forward +€4,467
up €4,467 (+4.4%), from €100,839 to €105,306
- Debts after one year -€3,767
down €3,767 (-37.8%), from €9,972 to €6,205
- Gross operating margin +€16,980
up €16,980 (+281%), from €6,045 to €23,025
- Taxes -€16,430
down €16,430, from €13,079 to -€3,351
- Financial charges -€844
down €844 (-63.4%), from €1,330 to €486
- Other operating charges +€375
up €375 (+22.9%), from €1,640 to €2,015
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 | €237,995 | €208,592 | -€29,403 | -12.4% |
| Fixed assets | 21/28 | €22,760 | €13,352 | -€9,407 | -41.3% |
| Tangible fixed assets | 22/27 | €22,760 | €13,352 | -€9,407 | -41.3% |
| Plant, machinery and equipment | 23 | €1,408 | €1,125 | -€282 | -20.1% |
| Furniture and vehicles | 24 | €21,352 | €12,227 | -€9,125 | -42.7% |
| Current assets | 29/58 | €215,235 | €195,239 | -€19,996 | -9.3% |
| Stocks and contracts in progress | 3 | €148,059 | €146,256 | -€1,803 | -1.2% |
| Stocks | 30/36 | €148,059 | €146,256 | -€1,803 | -1.2% |
| Amounts receivable within one year | 40/41 | €448 | €11,443 | +€10,995 | +2,456% |
| Trade receivables | 40 | - | €1,305 | +€1,305 | |
| Other amounts receivable | 41 | €448 | €10,138 | +€9,690 | +2,164% |
| Cash at bank and in hand | 54/58 | €66,728 | €37,540 | -€29,188 | -43.7% |
| Total equity and liabilities | 10/49 | €237,995 | €208,592 | -€29,403 | -12.4% |
| Equity | 10/15 | €175,199 | €189,666 | +€14,467 | +8.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | €12,500 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,100 | €6,100 | = | 0.0% |
| Reserves | 13 | €61,860 | €71,860 | +€10,000 | +16.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €70,000 | +€10,000 | +16.7% |
| Profit (loss) carried forward | 14 | €100,839 | €105,306 | +€4,467 | +4.4% |
| Amounts payable | 17/49 | €62,796 | €18,926 | -€43,870 | -69.9% |
| Amounts payable after more than one year | 17 | €9,972 | €6,205 | -€3,767 | -37.8% |
| Financial debts | 170/4 | €9,972 | €6,205 | -€3,767 | -37.8% |
| Amounts payable within one year | 42/48 | €52,825 | €12,721 | -€40,104 | -75.9% |
| Current portion of amounts payable after more than one year | 42 | €4,884 | €3,767 | -€1,118 | -22.9% |
| Trade debts | 44 | €15,702 | €7,123 | -€8,579 | -54.6% |
| Suppliers | 440/4 | €15,702 | €7,123 | -€8,579 | -54.6% |
| Taxes, remuneration and social security | 45 | €30,255 | - | -€30,255 | |
| Taxes | 450/3 | €30,255 | - | -€30,255 | |
| Other amounts payable | 47/48 | €1,984 | €1,832 | -€152 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,220 | €9,407 | +€188 | +2.0% |
| Other operating charges | 640/8 | €1,640 | €2,015 | +€375 | +22.9% |
| Gross operating margin | 9900 | €6,045 | €23,025 | +€16,980 | +281% |
| Operating profit (loss) | 9901 | -€4,815 | €11,603 | +€16,418 | |
| Financial charges | 65/66B | €1,330 | €486 | -€844 | -63.4% |
| Recurring financial charges | 65 | €1,330 | €486 | -€844 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,145 | €11,117 | +€17,261 | |
| Income taxes | 67/77 | €13,079 | -€3,351 | -€16,430 | |
| Profit (loss) for the period | 9904 | -€19,224 | €14,467 | +€33,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,224 | €14,467 | +€33,692 |
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 15 October 2026 via checked.be.