PEOPLE & 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.
PEOPLE & CONSULT
Largest movements
- Receivables within one year +€72,400
up €72,400 (+76.9%), from €94,167 to €166,567
of which Trade receivables: +€76,376
- Cash -€67,568
down €67,568 (-88.5%), from €76,391 to €8,823
mainly Contributions, distributions and other (-€86,053) and Receivables within one year (-€72,400)
- Tangible fixed assets -€6,040
down €6,040 (-4.5%), from €132,762 to €126,721
of which Land and buildings: -€5,000
- Tax, wage and social debts +€13,377
up €13,377 (+20.2%), from €66,266 to €79,644
of which Taxes: +€13,377
- Debts after one year -€7,695
down €7,695 (-8.9%), from €86,187 to €78,491
- Trade debts -€3,214
down €3,214 (-59.7%), from €5,383 to €2,169
- Gross operating margin +€24,270
up €24,270 (+24.5%), from €99,109 to €123,379
- Taxes +€5,234
up €5,234 (+26.1%), from €20,072 to €25,306
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 | €303,559 | €304,714 | +€1,155 | +0.4% |
| Fixed assets | 21/28 | €132,762 | €126,721 | -€6,040 | -4.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €132,762 | €126,721 | -€6,040 | -4.5% |
| Land and buildings | 22 | €129,871 | €124,871 | -€5,000 | -3.9% |
| Furniture and vehicles | 24 | €2,891 | €1,851 | -€1,040 | -36.0% |
| Current assets | 29/58 | €170,797 | €177,992 | +€7,195 | +4.2% |
| Amounts receivable within one year | 40/41 | €94,167 | €166,567 | +€72,400 | +76.9% |
| Trade receivables | 40 | - | €76,376 | +€76,376 | |
| Other amounts receivable | 41 | €94,167 | €90,191 | -€3,975 | -4.2% |
| Cash at bank and in hand | 54/58 | €76,391 | €8,823 | -€67,568 | -88.5% |
| Deferred charges and accrued income | 490/1 | €240 | €2,603 | +€2,363 | +985% |
| Total equity and liabilities | 10/49 | €303,559 | €304,714 | +€1,155 | +0.4% |
| Equity | 10/15 | €136,715 | €136,715 | = | 0.0% |
| Contributions | 10/11 | €9,003 | €9,003 | = | 0.0% |
| Contributions outside capital | 11 | €9,003 | - | -€9,003 | |
| Other | 1109/19 | €9,003 | - | -€9,003 | |
| Profit (loss) carried forward | 14 | €127,712 | €127,712 | = | 0.0% |
| Amounts payable | 17/49 | €166,844 | €167,999 | +€1,155 | +0.7% |
| Amounts payable after more than one year | 17 | €86,187 | €78,491 | -€7,695 | -8.9% |
| Financial debts | 170/4 | €86,187 | €78,491 | -€7,695 | -8.9% |
| Amounts payable within one year | 42/48 | €80,657 | €89,507 | +€8,850 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €7,579 | €7,695 | +€116 | +1.5% |
| Trade debts | 44 | €5,383 | €2,169 | -€3,214 | -59.7% |
| Suppliers | 440/4 | €5,383 | €2,169 | -€3,214 | -59.7% |
| Taxes, remuneration and social security | 45 | €66,266 | €79,644 | +€13,377 | +20.2% |
| Taxes | 450/3 | €64,266 | €77,644 | +€13,377 | +20.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,429 | - | -€1,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,106 | €6,040 | -€66 | -1.1% |
| Other operating charges | 640/8 | €1,220 | €736 | -€485 | -39.7% |
| Gross operating margin | 9900 | €99,109 | €123,379 | +€24,270 | +24.5% |
| Operating profit (loss) | 9901 | €91,783 | €116,603 | +€24,820 | +27.0% |
| Financial income | 75/76B | €21 | €182 | +€161 | +776% |
| Recurring financial income | 75 | €21 | €182 | +€161 | +776% |
| Financial charges | 65/66B | €6,045 | €5,426 | -€620 | -10.3% |
| Recurring financial charges | 65 | €6,045 | €5,426 | -€620 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €85,758 | €111,359 | +€25,601 | +29.9% |
| Income taxes | 67/77 | €20,072 | €25,306 | +€5,234 | +26.1% |
| Profit (loss) for the period | 9904 | €65,686 | €86,053 | +€20,367 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,686 | €86,053 | +€20,367 | +31.0% |
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 19 October 2026 via checked.be.