PASSIVE 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.
PASSIVE CONSULTING
Largest movements
- Receivables within one year +€7,310
up €7,310 (+5.2%), from €141,620 to €148,930
of which Other amounts receivable: +€7,003
- Cash +€6,928
up €6,928 (+204%), from €3,400 to €10,328
mainly Net result for the year (+€15,193) and Debts after one year (+€9,334)
- Tangible fixed assets +€3,705
up €3,705 (+54.7%), from €6,771 to €10,476
of which Furniture and vehicles: +€6,300
- Reserves +€12,128
up €12,128 (+10.3%), from €117,544 to €129,672
of which Distributable reserves: +€12,128
- Debts after one year +€9,334
up €9,334 (+239%), from €3,912 to €13,246
- Short-term financial debts -€8,568
no longer reported in 2025 (was €8,568)
- Trade debts +€4,023
up €4,023 (+1,238%), from €325 to €4,348
- Profit (loss) carried forward +€3,065
no longer reported in 2025 (was -€3,065)
- Gross operating margin +€14,691
up €14,691 (+1,173%), from €1,252 to €15,943
- Other operating charges +€2,167
up €2,167 (+216%), from €1,002 to €3,169
- Financial income +€1,719
up €1,719 (+24.3%), from €7,078 to €8,797
- Financial charges -€905
down €905 (-36.7%), from €2,469 to €1,564
- Taxes -€578
down €578 (-81.2%), from €712 to €134
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 | €151,917 | €171,269 | +€19,352 | +12.7% |
| Fixed assets | 21/28 | €6,771 | €10,476 | +€3,705 | +54.7% |
| Tangible fixed assets | 22/27 | €6,771 | €10,476 | +€3,705 | +54.7% |
| Furniture and vehicles | 24 | €891 | €7,191 | +€6,300 | +707% |
| Leasing and similar rights | 25 | €5,880 | €3,285 | -€2,595 | -44.1% |
| Current assets | 29/58 | €145,146 | €160,793 | +€15,647 | +10.8% |
| Amounts receivable within one year | 40/41 | €141,620 | €148,930 | +€7,310 | +5.2% |
| Trade receivables | 40 | €1,044 | €1,350 | +€307 | +29.4% |
| Other amounts receivable | 41 | €140,576 | €147,579 | +€7,003 | +5.0% |
| Cash at bank and in hand | 54/58 | €3,400 | €10,328 | +€6,928 | +204% |
| Deferred charges and accrued income | 490/1 | €126 | €1,535 | +€1,409 | +1,116% |
| Total equity and liabilities | 10/49 | €151,917 | €171,269 | +€19,352 | +12.7% |
| Equity | 10/15 | €133,079 | €148,272 | +€15,193 | +11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €117,544 | €129,672 | +€12,128 | +10.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,750 | €42,750 | = | 0.0% |
| Distributable reserves | 133 | €72,934 | €85,062 | +€12,128 | +16.6% |
| Profit (loss) carried forward | 14 | -€3,065 | - | +€3,065 | |
| Amounts payable | 17/49 | €18,839 | €22,997 | +€4,159 | +22.1% |
| Amounts payable after more than one year | 17 | €3,912 | €13,246 | +€9,334 | +239% |
| Financial debts | 170/4 | €3,912 | €13,246 | +€9,334 | +239% |
| Amounts payable within one year | 42/48 | €14,926 | €9,751 | -€5,175 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €2,463 | €1,466 | -€996 | -40.5% |
| Financial debts | 43 | €8,568 | - | -€8,568 | |
| Credit institutions | 430/8 | €8,568 | - | -€8,568 | |
| Trade debts | 44 | €325 | €4,348 | +€4,023 | +1,238% |
| Suppliers | 440/4 | €325 | €4,348 | +€4,023 | +1,238% |
| Advances received on contracts in progress | 46 | - | €61 | +€61 | |
| Taxes, remuneration and social security | 45 | €3,571 | €3,876 | +€306 | +8.6% |
| Taxes | 450/3 | €3,571 | €3,876 | +€306 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,525 | €4,680 | +€156 | +3.4% |
| Other operating charges | 640/8 | €1,002 | €3,169 | +€2,167 | +216% |
| Gross operating margin | 9900 | €1,252 | €15,943 | +€14,691 | +1,173% |
| Operating profit (loss) | 9901 | -€4,274 | €8,094 | +€12,368 | |
| Financial income | 75/76B | €7,078 | €8,797 | +€1,719 | +24.3% |
| Recurring financial income | 75 | €7,078 | €8,797 | +€1,719 | +24.3% |
| Financial charges | 65/66B | €2,469 | €1,564 | -€905 | -36.7% |
| Recurring financial charges | 65 | €2,469 | €1,564 | -€905 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €335 | €15,327 | +€14,993 | +4,479% |
| Income taxes | 67/77 | €712 | €134 | -€578 | -81.2% |
| Profit (loss) for the period | 9904 | -€378 | €15,193 | +€15,571 | |
| Profit (loss) for the period to be appropriated | 9905 | -€378 | €15,193 | +€15,571 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.