PRECONSULT: 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.
PRECONSULT
Largest movements
- Cash +€61,647
up €61,647 (+241.7%), from €25,505 to €87,153
mainly Net result for the year (+€83,908) and Debts after one year (+€21,522)
- Tangible fixed assets +€54,539
up €54,539 (+451.4%), from €12,083 to €66,622
of which Furniture and vehicles: +€55,226
- Current investments +€30,001
up €30,001 (+85.7%), from €35,000 to €65,001
- Financial fixed assets -€16,138
down €16,138 (-38.0%), from €42,426 to €26,287
- Receivables within one year -€14,455
down €14,455 (-56.1%), from €25,785 to €11,330
of which Trade receivables: -€10,485
- Reserves +€71,500
up €71,500 (+56.8%), from €125,977 to €197,477
of which Distributable reserves: +€71,500
- Debts after one year +€21,522
new in 2025: €21,522
- Current portion of long-term debt +€5,699
up €5,699, from €0 to €5,699
- Other debts +€5,258
up €5,258 (+306.1%), from €1,718 to €6,976
- Tax, wage and social debts +€3,794
up €3,794 (+99.1%), from €3,830 to €7,625
- Gross operating margin +€92,149
up €92,149 (+223.5%), from €41,225 to €133,375
- Taxes +€28,613
up €28,613 (+231.4%), from €12,364 to €40,977
- Depreciation +€6,679
up €6,679 (+248.4%), from €2,688 to €9,367
- Financial income +€2,779
up €2,779 (+431.3%), from €644 to €3,423
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.
Cash bridge derived
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 | €153,082 | €262,307 | +€109,225 | +71.4% |
| Fixed assets | 21/28 | €54,508 | €92,909 | +€38,401 | +70.4% |
| Tangible fixed assets | 22/27 | €12,083 | €66,622 | +€54,539 | +451.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €6,528 | €61,754 | +€55,226 | +846.0% |
| Other tangible fixed assets | 26 | €5,555 | €4,868 | -€687 | -12.4% |
| Financial fixed assets | 28 | €42,426 | €26,287 | -€16,138 | -38.0% |
| Current assets | 29/58 | €98,574 | €169,398 | +€70,824 | +71.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €11,500 | €5,000 | -€6,500 | -56.5% |
| Contracts in progress | 37 | €11,500 | €5,000 | -€6,500 | -56.5% |
| Amounts receivable within one year | 40/41 | €25,785 | €11,330 | -€14,455 | -56.1% |
| Trade receivables | 40 | €14,756 | €4,271 | -€10,485 | -71.1% |
| Other amounts receivable | 41 | €11,029 | €7,059 | -€3,970 | -36.0% |
| Current investments | 50/53 | €35,000 | €65,001 | +€30,001 | +85.7% |
| Cash at bank and in hand | 54/58 | €25,505 | €87,153 | +€61,647 | +241.7% |
| Deferred charges and accrued income | 490/1 | €784 | €914 | +€130 | +16.6% |
| Total equity and liabilities | 10/49 | €153,082 | €262,307 | +€109,225 | +71.4% |
| Equity | 10/15 | €145,025 | €216,602 | +€71,576 | +49.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €125,977 | €197,477 | +€71,500 | +56.8% |
| Tax-exempt reserves | 132 | €6,377 | €6,377 | = | 0.0% |
| Distributable reserves | 133 | €119,600 | €191,100 | +€71,500 | +59.8% |
| Profit (loss) carried forward | 14 | €49 | €125 | +€76 | +156.9% |
| Amounts payable | 17/49 | €8,057 | €45,705 | +€37,648 | +467.3% |
| Amounts payable after more than one year | 17 | - | €21,522 | +€21,522 | |
| Financial debts | 170/4 | - | €21,522 | +€21,522 | |
| Amounts payable within one year | 42/48 | €8,057 | €24,184 | +€16,127 | +200.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €5,699 | +€5,699 | |
| Trade debts | 44 | €2,509 | €3,883 | +€1,375 | +54.8% |
| Suppliers | 440/4 | €2,509 | €3,883 | +€1,375 | +54.8% |
| Taxes, remuneration and social security | 45 | €3,830 | €7,625 | +€3,794 | +99.1% |
| Taxes | 450/3 | €3,830 | €7,625 | +€3,794 | +99.1% |
| Other amounts payable | 47/48 | €1,718 | €6,976 | +€5,258 | +306.1% |
| Non-recurring operating income | 76A | - | €106,675 | +€106,675 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,688 | €9,367 | +€6,679 | +248.4% |
| Other operating charges | 640/8 | €764 | €652 | -€112 | -14.7% |
| Gross operating margin | 9900 | €41,225 | €133,375 | +€92,149 | +223.5% |
| Operating profit (loss) | 9901 | €37,773 | €123,356 | +€85,583 | +226.6% |
| Financial income | 75/76B | €644 | €3,423 | +€2,779 | +431.3% |
| Recurring financial income | 75 | €644 | €3,423 | +€2,779 | +431.3% |
| Financial charges | 65/66B | €1,252 | €1,893 | +€641 | +51.2% |
| Recurring financial charges | 65 | €1,252 | €1,893 | +€641 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €37,165 | €124,886 | +€87,720 | +236.0% |
| Income taxes | 67/77 | €12,364 | €40,977 | +€28,613 | +231.4% |
| Profit (loss) for the period | 9904 | €24,801 | €83,908 | +€59,107 | +238.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,801 | €83,908 | +€59,107 | +238.3% |
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 9 October 2026 via checked.be.