penasse 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.
penasse consulting
Largest movements
- Receivables within one year -€28,532
down €28,532 (-33.6%), from €84,915 to €56,383
of which Other amounts receivable: -€17,894
- Cash +€23,695
up €23,695 (+293%), from €8,079 to €31,774
mainly Receivables within one year (+€28,532) and Receivables after one year (+€10,000)
- Receivables after one year -€10,000
down €10,000 (-57.1%), from €17,500 to €7,500
- Other debts -€24,394
no longer reported in 2025 (was €24,394)
- Profit (loss) carried forward +€4,116
up €4,116 (+96.1%), from -€4,285 to -€169
- Tax, wage and social debts +€3,244
up €3,244 (+1,435%), from €226 to €3,470
- Trade debts +€1,448
up €1,448 (+183%), from €790 to €2,238
- Gross operating margin +€4,633
up €4,633 (+164%), from €2,827 to €7,460
- Taxes +€2,452
up €2,452 (+102%), from €2,395 to €4,848
- Other operating charges -€293
down €293 (-22.7%), from €1,294 to €1,000
- Financial charges -€220
down €220 (-25.6%), from €858 to €638
- Depreciation +€122
up €122 (+57.8%), from €211 to €333
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 | €115,431 | €99,844 | -€15,587 | -13.5% |
| Fixed assets | 21/28 | €2,888 | €2,555 | -€333 | -11.5% |
| Tangible fixed assets | 22/27 | €788 | €455 | -€333 | -42.3% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €788 | €455 | -€333 | -42.3% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €112,543 | €97,289 | -€15,254 | -13.6% |
| Amounts receivable after more than one year | 29 | €17,500 | €7,500 | -€10,000 | -57.1% |
| Other amounts receivable | 291 | €17,500 | €7,500 | -€10,000 | -57.1% |
| Amounts receivable within one year | 40/41 | €84,915 | €56,383 | -€28,532 | -33.6% |
| Trade receivables | 40 | €15,799 | €5,161 | -€10,637 | -67.3% |
| Other amounts receivable | 41 | €69,116 | €51,222 | -€17,894 | -25.9% |
| Cash at bank and in hand | 54/58 | €8,079 | €31,774 | +€23,695 | +293% |
| Deferred charges and accrued income | 490/1 | €2,049 | €1,632 | -€417 | -20.3% |
| Total equity and liabilities | 10/49 | €115,431 | €99,844 | -€15,587 | -13.5% |
| Equity | 10/15 | €90,021 | €94,136 | +€4,116 | +4.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €74,305 | €74,305 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €74,305 | €74,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,285 | -€169 | +€4,116 | +96.1% |
| Amounts payable | 17/49 | €25,411 | €5,708 | -€19,703 | -77.5% |
| Amounts payable within one year | 42/48 | €25,411 | €5,708 | -€19,703 | -77.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €790 | €2,238 | +€1,448 | +183% |
| Suppliers | 440/4 | €790 | €2,238 | +€1,448 | +183% |
| Taxes, remuneration and social security | 45 | €226 | €3,470 | +€3,244 | +1,435% |
| Taxes | 450/3 | €226 | €3,470 | +€3,244 | +1,435% |
| Other amounts payable | 47/48 | €24,394 | - | -€24,394 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211 | €333 | +€122 | +57.8% |
| Other operating charges | 640/8 | €1,294 | €1,000 | -€293 | -22.7% |
| Gross operating margin | 9900 | €2,827 | €7,460 | +€4,633 | +164% |
| Operating profit (loss) | 9901 | €1,322 | €6,126 | +€4,804 | +363% |
| Financial income | 75/76B | €3,465 | €3,475 | +€10 | +0.3% |
| Recurring financial income | 75 | €3,465 | €3,475 | +€10 | +0.3% |
| Financial charges | 65/66B | €858 | €638 | -€220 | -25.6% |
| Recurring financial charges | 65 | €858 | €638 | -€220 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €3,929 | €8,963 | +€5,035 | +128% |
| Income taxes | 67/77 | €2,395 | €4,848 | +€2,452 | +102% |
| Profit (loss) for the period | 9904 | €1,534 | €4,116 | +€2,582 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €1,534 | €4,116 | +€2,582 | +168% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.