PENTERACT INVEST: what changed
What changed
PENTERACT INVEST
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€64,959
2024 · €138,223-€73,264
Equity
€500,926
2024 · €435,967+€64,959
Cash
€15,089
2024 · €17,480-€2,391
Balance sheet total
€1.3m
2024 · €1.3m-€9,881
Largest movements
Assets
- Receivables within one year -€63,232
down €63,232 (-50.4%), from €125,340 to €62,109
of which Trade receivables: -€63,926
- Financial fixed assets +€35,000
up €35,000 (+3.5%), from €1.0m to €1.0m
- Current investments +€24,934
up €24,934 (+18.8%), from €132,533 to €157,467
Equity and liabilities
- Debts after one year -€104,749
down €104,749 (-13.0%), from €805,097 to €700,348
- Reserves +€64,959
up €64,959 (+15.1%), from €430,967 to €495,926
- Current portion of long-term debt +€49,358
new in 2025: €49,358
- Tax, wage and social debts -€21,676
down €21,676 (-40.5%), from €53,540 to €31,865
Income statement
- Gross operating margin -€89,556
down €89,556 (-43.0%), from €208,359 to €118,803
- Taxes -€18,538
down €18,538 (-28.6%), from €64,829 to €46,291
- Financial charges +€2,871
up €2,871 (+5,221%), from €55 to €2,926
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€138,223
Gross operating margin
-€89,556
Depreciation
+€58
Other operating charges
-€35
Financial income
+€602
Financial charges
-€2,871
Taxes
+€18,538
Result 2025
€64,959
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€112,934
Investment
-€59,934
Financing
-€55,391
Cash 2024
€17,480
From operations (derived)
+€112,934
Net result for the year
+€64,959
Depreciation
+€4,414
Receivables within one year
+€63,232
Smaller working-capital items
-€403
Trade debts
+€2,408
Tax, wage and social debts
-€21,676
Investment (derived)
-€59,934
Investment in fixed assets (net)
-€35,000
Current investments
-€24,934
Financing
-€55,391
Debts after one year
-€104,749
Current portion of long-term debt
+€49,358
Cash 2025
€15,089
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,296,705 | €1,286,823 | -€9,881 | -0.8% |
| Fixed assets | 21/28 | €1,018,104 | €1,048,691 | +€30,586 | +3.0% |
| Tangible fixed assets | 22/27 | €12,128 | €7,715 | -€4,414 | -36.4% |
| Furniture and vehicles | 24 | €12,128 | €7,715 | -€4,414 | -36.4% |
| Financial fixed assets | 28 | €1,005,976 | €1,040,976 | +€35,000 | +3.5% |
| Current assets | 29/58 | €278,600 | €238,132 | -€40,468 | -14.5% |
| Amounts receivable within one year | 40/41 | €125,340 | €62,109 | -€63,232 | -50.4% |
| Trade receivables | 40 | €125,340 | €61,414 | -€63,926 | -51.0% |
| Other amounts receivable | 41 | - | €694 | +€694 | |
| Current investments | 50/53 | €132,533 | €157,467 | +€24,934 | +18.8% |
| Cash at bank and in hand | 54/58 | €17,480 | €15,089 | -€2,391 | -13.7% |
| Deferred charges and accrued income | 490/1 | €3,247 | €3,467 | +€220 | +6.8% |
| Total equity and liabilities | 10/49 | €1,296,705 | €1,286,823 | -€9,881 | -0.8% |
| Equity | 10/15 | €435,967 | €500,926 | +€64,959 | +14.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €430,967 | €495,926 | +€64,959 | +15.1% |
| Distributable reserves | 133 | €430,967 | €495,926 | +€64,959 | +15.1% |
| Amounts payable | 17/49 | €860,738 | €785,897 | -€74,841 | -8.7% |
| Amounts payable after more than one year | 17 | €805,097 | €700,348 | -€104,749 | -13.0% |
| Financial debts | 170/4 | €805,097 | €700,348 | -€104,749 | -13.0% |
| Amounts payable within one year | 42/48 | €55,459 | €85,550 | +€30,091 | +54.3% |
| Current portion of amounts payable after more than one year | 42 | - | €49,358 | +€49,358 | |
| Trade debts | 44 | €1,918 | €4,327 | +€2,408 | +126% |
| Suppliers | 440/4 | €1,918 | €4,327 | +€2,408 | +126% |
| Taxes, remuneration and social security | 45 | €53,540 | €31,865 | -€21,676 | -40.5% |
| Taxes | 450/3 | €53,540 | €31,865 | -€21,676 | -40.5% |
| Accrued charges and deferred income | 492/3 | €183 | - | -€183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,472 | €4,414 | -€58 | -1.3% |
| Other operating charges | 640/8 | €1,150 | €1,185 | +€35 | +3.0% |
| Gross operating margin | 9900 | €208,359 | €118,803 | -€89,556 | -43.0% |
| Operating profit (loss) | 9901 | €202,737 | €113,205 | -€89,532 | -44.2% |
| Financial income | 75/76B | €369 | €971 | +€602 | +163% |
| Recurring financial income | 75 | €369 | €971 | +€602 | +163% |
| Financial charges | 65/66B | €55 | €2,926 | +€2,871 | +5,221% |
| Recurring financial charges | 65 | €55 | €2,926 | +€2,871 | +5,221% |
| Profit (loss) for the period before taxes | 9903 | €203,051 | €111,250 | -€91,801 | -45.2% |
| Income taxes | 67/77 | €64,829 | €46,291 | -€18,538 | -28.6% |
| Profit (loss) for the period | 9904 | €138,223 | €64,959 | -€73,264 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €138,223 | €64,959 | -€73,264 | -53.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.