PE 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
PE Consulting
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€37,074
2024 · €34,427+€2,647
Equity
€42,902
2024 · €105,828-€62,926
Cash
€43,868
2024 · €45,460-€1,592
Balance sheet total
€199,111
2024 · €166,991+€32,120
Largest movements
Assets
- Current investments +€33,000
up €33,000 (+35.7%), from €92,500 to €125,500
Equity and liabilities
- Other debts +€81,269
up €81,269 (+17,509%), from €464 to €81,733
- Reserves -€60,000
down €60,000 (-60.0%), from €100,000 to €40,000
- Provisions +€15,000
up €15,000 (+27.3%), from €55,000 to €70,000
- Profit (loss) carried forward -€2,926
down €2,926 (-76.4%), from €3,828 to €902
Income statement
- Gross operating margin +€2,844
up €2,844 (+4.1%), from €69,538 to €72,383
- Financial income +€1,093
up €1,093 (+1,161%), from €94 to €1,187
- Taxes +€893
up €893 (+9.1%), from €9,774 to €10,667
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
€34,427
Gross operating margin
+€2,844
Depreciation
-€242
Other operating charges
-€91
Financial income
+€1,093
Financial charges
-€65
Taxes
-€893
Result 2025
€37,074
raises the resultlowers the result
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
+€134,787
Investment
-€36,379
Financing
-€100,000
Cash 2024
€45,460
From operations (derived)
+€134,787
Net result for the year
+€37,074
Depreciation
+€3,140
Receivables within one year
-€1,303
Deferred charges and accrued income
+€831
Provisions
+€15,000
Trade debts
-€1,378
Tax, wage and social debts
+€155
Other debts
+€81,269
Investment (derived)
-€36,379
Investment in fixed assets (net)
-€3,379
Current investments
-€33,000
Financing
-€100,000
Contributions, distributions and other
-€100,000
Cash 2025
€43,868
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,991 | €199,111 | +€32,120 | +19.2% |
| Fixed assets | 21/28 | €10,068 | €10,308 | +€240 | +2.4% |
| Tangible fixed assets | 22/27 | €10,068 | €10,308 | +€240 | +2.4% |
| Land and buildings | 22 | €4,170 | €3,957 | -€213 | -5.1% |
| Plant, machinery and equipment | 23 | €3,476 | €2,913 | -€562 | -16.2% |
| Furniture and vehicles | 24 | €2,422 | €3,437 | +€1,015 | +41.9% |
| Current assets | 29/58 | €156,923 | €188,803 | +€31,880 | +20.3% |
| Amounts receivable within one year | 40/41 | €15,311 | €16,615 | +€1,303 | +8.5% |
| Trade receivables | 40 | €14,520 | €15,428 | +€908 | +6.3% |
| Other amounts receivable | 41 | €791 | €1,187 | +€396 | +50.0% |
| Current investments | 50/53 | €92,500 | €125,500 | +€33,000 | +35.7% |
| Cash at bank and in hand | 54/58 | €45,460 | €43,868 | -€1,592 | -3.5% |
| Deferred charges and accrued income | 490/1 | €3,651 | €2,821 | -€831 | -22.7% |
| Total equity and liabilities | 10/49 | €166,991 | €199,111 | +€32,120 | +19.2% |
| Equity | 10/15 | €105,828 | €42,902 | -€62,926 | -59.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €40,000 | -€60,000 | -60.0% |
| Distributable reserves | 133 | €100,000 | €40,000 | -€60,000 | -60.0% |
| Profit (loss) carried forward | 14 | €3,828 | €902 | -€2,926 | -76.4% |
| Provisions and deferred taxes | 16 | €55,000 | €70,000 | +€15,000 | +27.3% |
| Provisions for liabilities and charges | 160/5 | €55,000 | €70,000 | +€15,000 | +27.3% |
| Other liabilities and charges | 164/5 | €55,000 | €70,000 | +€15,000 | +27.3% |
| Amounts payable | 17/49 | €6,164 | €86,209 | +€80,045 | +1,299% |
| Amounts payable within one year | 42/48 | €6,164 | €86,209 | +€80,045 | +1,299% |
| Trade debts | 44 | €3,894 | €2,516 | -€1,378 | -35.4% |
| Suppliers | 440/4 | €3,894 | €2,516 | -€1,378 | -35.4% |
| Taxes, remuneration and social security | 45 | €1,805 | €1,960 | +€155 | +8.6% |
| Taxes | 450/3 | €1,805 | €1,960 | +€155 | +8.6% |
| Other amounts payable | 47/48 | €464 | €81,733 | +€81,269 | +17,509% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,898 | €3,140 | +€242 | +8.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,000 | €20,000 | = | 0.0% |
| Other operating charges | 640/8 | €812 | €903 | +€91 | +11.2% |
| Gross operating margin | 9900 | €69,538 | €72,383 | +€2,844 | +4.1% |
| Operating profit (loss) | 9901 | €45,828 | €48,340 | +€2,512 | +5.5% |
| Financial income | 75/76B | €94 | €1,187 | +€1,093 | +1,161% |
| Recurring financial income | 75 | €94 | €1,187 | +€1,093 | +1,161% |
| Financial charges | 65/66B | €1,721 | €1,786 | +€65 | +3.8% |
| Recurring financial charges | 65 | €1,721 | €1,786 | +€65 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €44,201 | €47,741 | +€3,540 | +8.0% |
| Income taxes | 67/77 | €9,774 | €10,667 | +€893 | +9.1% |
| Profit (loss) for the period | 9904 | €34,427 | €37,074 | +€2,647 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,427 | €37,074 | +€2,647 | +7.7% |
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 27 October 2026 via checked.be.