P & A 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.
What changed
P & A CONSULTING
NACE 69.201, Certified accountants and tax accountants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€237,901
2024 · €102,863+€135,038
Equity
€3.9m
2024 · €3.6m+€237,901
Cash
€28,067
2024 · €7,083+€20,984
Balance sheet total
€4.6m
2024 · €4.6m-€23,832
Largest movements
Assets
- Current investments -€95,000
down €95,000 (-19.6%), from €485,000 to €390,000
- Tangible fixed assets +€47,840
up €47,840 (+2.1%), from €2.3m to €2.3m
of which Furniture and vehicles: +€70,875
Equity and liabilities
- Reserves +€237,901
up €237,901 (+23.7%), from €1.0m to €1.2m
of which Distributable reserves: +€151,955
- Debts after one year -€200,070
down €200,070 (-23.3%), from €860,000 to €659,930
Income statement
- Financial income +€79,321
up €79,321 (+143%), from €55,330 to €134,650
- Gross operating margin +€37,592
up €37,592 (+18.0%), from €209,096 to €246,688
- Financial charges -€19,767
down €19,767 (-42.6%), from €46,409 to €26,642
of which Non-recurring financial charges: -€18,275
- Depreciation -€12,905
down €12,905 (-19.1%), from €67,438 to €54,533
- Taxes +€7,136
up €7,136 (+16.6%), from €43,066 to €50,201
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.
Result 2024
€102,863
Gross operating margin
+€37,592
Depreciation
+€12,905
Other operating charges
+€188
Financial income
+€79,321
Financial charges
+€19,767
Taxes
-€7,136
Deferred taxes and other
-€7,599
Result 2025
€237,901
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€258,428
Investment
-€7,374
Financing
-€230,070
Cash 2024
€7,083
From operations (derived)
+€258,428
Net result for the year
+€237,901
Depreciation
+€54,533
Receivables within one year
+€709
Deferred charges and accrued income
-€3,052
Provisions
+€7,599
Trade debts
+€2,179
Tax, wage and social debts
+€19,709
Other debts
-€42,504
Accrued charges and deferred income
-€18,645
Investment (derived)
-€7,374
Investment in fixed assets (net)
-€102,374
Current investments
+€95,000
Financing
-€230,070
Debts after one year
-€200,070
Current portion of long-term debt
-€30,000
Cash 2025
€28,067
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,637,362 | €4,613,530 | -€23,832 | -0.5% |
| Fixed assets | 21/28 | €3,913,834 | €3,961,674 | +€47,840 | +1.2% |
| Tangible fixed assets | 22/27 | €2,264,971 | €2,312,811 | +€47,840 | +2.1% |
| Land and buildings | 22 | €2,157,273 | €2,134,238 | -€23,035 | -1.1% |
| Furniture and vehicles | 24 | €107,698 | €178,573 | +€70,875 | +65.8% |
| Financial fixed assets | 28 | €1,648,863 | €1,648,863 | = | 0.0% |
| Current assets | 29/58 | €723,528 | €651,856 | -€71,672 | -9.9% |
| Amounts receivable within one year | 40/41 | €229,458 | €228,749 | -€709 | -0.3% |
| Trade receivables | 40 | €3,630 | €0 | -€3,630 | -100% |
| Other amounts receivable | 41 | €225,828 | €228,749 | +€2,921 | +1.3% |
| Current investments | 50/53 | €485,000 | €390,000 | -€95,000 | -19.6% |
| Cash at bank and in hand | 54/58 | €7,083 | €28,067 | +€20,984 | +296% |
| Deferred charges and accrued income | 490/1 | €1,988 | €5,040 | +€3,052 | +154% |
| Total equity and liabilities | 10/49 | €4,637,362 | €4,613,530 | -€23,832 | -0.5% |
| Equity | 10/15 | €3,646,862 | €3,884,762 | +€237,901 | +6.5% |
| Contributions | 10/11 | €2,400,363 | €2,400,363 | = | 0.0% |
| Reserves | 13 | €1,005,540 | €1,243,441 | +€237,901 | +23.7% |
| Tax-exempt reserves | 132 | €0 | €85,946 | +€85,946 | |
| Distributable reserves | 133 | €1,005,540 | €1,157,495 | +€151,955 | +15.1% |
| Profit (loss) carried forward | 14 | €240,959 | €240,959 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €7,599 | +€7,599 | |
| Deferred taxes | 168 | - | €7,599 | +€7,599 | |
| Amounts payable | 17/49 | €990,500 | €721,169 | -€269,331 | -27.2% |
| Amounts payable after more than one year | 17 | €860,000 | €659,930 | -€200,070 | -23.3% |
| Trade debts | 175 | €860,000 | €659,930 | -€200,070 | -23.3% |
| Amounts payable within one year | 42/48 | €111,856 | €61,239 | -€50,616 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €33,000 | €3,000 | -€30,000 | -90.9% |
| Trade debts | 44 | €7,996 | €10,175 | +€2,179 | +27.2% |
| Suppliers | 440/4 | €7,996 | €10,175 | +€2,179 | +27.2% |
| Taxes, remuneration and social security | 45 | €11,124 | €30,834 | +€19,709 | +177% |
| Taxes | 450/3 | €11,124 | €30,834 | +€19,709 | +177% |
| Other amounts payable | 47/48 | €59,735 | €17,231 | -€42,504 | -71.2% |
| Accrued charges and deferred income | 492/3 | €18,645 | €0 | -€18,645 | -100% |
| Non-recurring operating income | 76A | - | €36,500 | +€36,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,438 | €54,533 | -€12,905 | -19.1% |
| Other operating charges | 640/8 | €4,650 | €4,462 | -€188 | -4.0% |
| Gross operating margin | 9900 | €209,096 | €246,688 | +€37,592 | +18.0% |
| Operating profit (loss) | 9901 | €137,008 | €187,692 | +€50,685 | +37.0% |
| Financial income | 75/76B | €55,330 | €134,650 | +€79,321 | +143% |
| Recurring financial income | 75 | €55,330 | €134,650 | +€79,321 | +143% |
| Financial charges | 65/66B | €46,409 | €26,642 | -€19,767 | -42.6% |
| Recurring financial charges | 65 | €28,134 | €26,642 | -€1,492 | -5.3% |
| Non-recurring financial charges | 66B | €18,275 | €0 | -€18,275 | -100% |
| Profit (loss) for the period before taxes | 9903 | €145,928 | €295,701 | +€149,772 | +103% |
| Transfer from deferred taxes | 780 | - | €335 | +€335 | |
| Transfer to deferred taxes | 680 | - | €7,933 | +€7,933 | |
| Income taxes | 67/77 | €43,066 | €50,201 | +€7,136 | +16.6% |
| Profit (loss) for the period | 9904 | €102,863 | €237,901 | +€135,038 | +131% |
| Transfer from tax-exempt reserves | 789 | €29,470 | €1,004 | -€28,466 | -96.6% |
| Transfer to tax-exempt reserves | 689 | - | €86,950 | +€86,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €132,333 | €151,955 | +€19,622 | +14.8% |
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 26 October 2026 via checked.be.