P-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.
P-CONSULT
Largest movements
- Receivables within one year -€49,547
down €49,547 (-14.1%), from €350,534 to €300,987
of which Trade receivables: -€38,066
- Cash -€10,305
down €10,305 (-99.2%), from €10,391 to €85
mainly Debts after one year (-€35,020) and Tax, wage and social debts (-€18,837)
- Intangible fixed assets -€9,400
down €9,400 (-39.0%), from €24,105 to €14,705
- Debts after one year -€35,020
no longer reported in 2025 (was €35,020)
- Tax, wage and social debts -€18,837
down €18,837 (-17.3%), from €108,651 to €89,814
- Current portion of long-term debt -€7,789
no longer reported in 2025 (was €7,789)
- Profit (loss) carried forward -€6,781
down €6,781 (-3.0%), from €223,848 to €217,067
- Gross operating margin -€31,431
down €31,431 (-53.9%), from €58,356 to €26,924
- Financial income -€17,250
down €17,250 (-99.9%), from €17,264 to €14
- Financial charges -€16,572
down €16,572 (-57.6%), from €28,767 to €12,195
- Taxes -€6,617
down €6,617 (-54.4%), from €12,170 to €5,553
- Other operating charges -€4,966
down €4,966 (-73.5%), from €6,757 to €1,791
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.
Cash bridge derived
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 | €403,655 | €333,218 | -€70,437 | -17.4% |
| Fixed assets | 21/28 | €42,730 | €32,145 | -€10,584 | -24.8% |
| Intangible fixed assets | 21 | €24,105 | €14,705 | -€9,400 | -39.0% |
| Tangible fixed assets | 22/27 | €15,750 | €14,565 | -€1,184 | -7.5% |
| Plant, machinery and equipment | 23 | €6,216 | €4,360 | -€1,856 | -29.9% |
| Furniture and vehicles | 24 | €5,159 | €6,383 | +€1,224 | +23.7% |
| Other tangible fixed assets | 26 | €4,375 | €3,822 | -€553 | -12.6% |
| Financial fixed assets | 28 | €2,875 | €2,875 | = | 0.0% |
| Current assets | 29/58 | €360,925 | €301,073 | -€59,852 | -16.6% |
| Amounts receivable within one year | 40/41 | €350,534 | €300,987 | -€49,547 | -14.1% |
| Trade receivables | 40 | €63,941 | €25,876 | -€38,066 | -59.5% |
| Other amounts receivable | 41 | €286,593 | €275,112 | -€11,481 | -4.0% |
| Cash at bank and in hand | 54/58 | €10,391 | €85 | -€10,305 | -99.2% |
| Total equity and liabilities | 10/49 | €403,655 | €333,218 | -€70,437 | -17.4% |
| Equity | 10/15 | €244,308 | €237,527 | -€6,781 | -2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €223,848 | €217,067 | -€6,781 | -3.0% |
| Amounts payable | 17/49 | €159,347 | €95,691 | -€63,656 | -39.9% |
| Amounts payable after more than one year | 17 | €35,020 | - | -€35,020 | |
| Financial debts | 170/4 | €35,020 | - | -€35,020 | |
| Amounts payable within one year | 42/48 | €124,327 | €95,691 | -€28,635 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €7,789 | - | -€7,789 | |
| Trade debts | 44 | €7,887 | €5,877 | -€2,010 | -25.5% |
| Suppliers | 440/4 | €7,887 | €5,877 | -€2,010 | -25.5% |
| Taxes, remuneration and social security | 45 | €108,651 | €89,814 | -€18,837 | -17.3% |
| Taxes | 450/3 | €108,651 | €89,814 | -€18,837 | -17.3% |
| Remuneration, social security and pensions | 62 | €2,646 | - | -€2,646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,759 | €14,179 | +€420 | +3.1% |
| Other operating charges | 640/8 | €6,757 | €1,791 | -€4,966 | -73.5% |
| Gross operating margin | 9900 | €58,356 | €26,924 | -€31,431 | -53.9% |
| Operating profit (loss) | 9901 | €35,194 | €10,954 | -€24,239 | -68.9% |
| Financial income | 75/76B | €17,264 | €14 | -€17,250 | -99.9% |
| Recurring financial income | 75 | €17,264 | €14 | -€17,250 | -99.9% |
| Financial charges | 65/66B | €28,767 | €12,195 | -€16,572 | -57.6% |
| Recurring financial charges | 65 | €28,767 | €12,195 | -€16,572 | -57.6% |
| Profit (loss) for the period before taxes | 9903 | €23,691 | -€1,228 | -€24,918 | |
| Income taxes | 67/77 | €12,170 | €5,553 | -€6,617 | -54.4% |
| Profit (loss) for the period | 9904 | €11,521 | -€6,781 | -€18,302 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,521 | -€6,781 | -€18,302 |
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 11 October 2026 via checked.be.