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PRIVILEGE CONSULT: what changed

Two fiscal 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

PRIVILEGE CONSULT

BE 0899.301.945
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,659
2024 · €45,507-€23,848
Equity
€287,957
2024 · €325,373-€37,417
Cash
€334,522
2024 · €345,705-€11,183
Balance sheet total
€360,721
2024 · €367,600-€6,879

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€11,523

    up €11,523 (+117.4%), from €9,816 to €21,338

    of which Other amounts receivable: +€6,265

  • Cash -€11,183

    down €11,183 (-3.2%), from €345,705 to €334,522

    mainly Contributions, distributions and other (-€59,076) and Receivables within one year (-€11,523)

  • Tangible fixed assets -€6,840

    down €6,840 (-58.5%), from €11,701 to €4,861

Equity and liabilities
  • Reserves -€37,417

    down €37,417 (-14.3%), from €262,227 to €224,810

    of which Distributable reserves: -€37,417

  • Other debts +€31,479

    up €31,479 (+108.8%), from €28,920 to €60,399

Income statement
  • Gross operating margin -€31,019

    down €31,019 (-42.9%), from €72,301 to €41,282

  • Taxes -€8,741

    down €8,741 (-50.3%), from €17,377 to €8,635

  • Financial charges +€1,269

    up €1,269 (+685.6%), from €185 to €1,455

From the 2024 result to the 2025 result

effect on the 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 €45,507
Gross operating margin -€31,019
Depreciation -€115
Other operating charges -€186
Financial charges -€1,269
Taxes +€8,741
Result 2025 €21,659

Cash bridge derived

cash 2024 to 2025

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 +€50,013
Investment -€2,120
Financing -€59,076
Cash 2024 €345,705
Net result for the year +€21,659
Depreciation +€8,960
Receivables within one year -€11,523
Deferred charges and accrued income +€378
Trade debts -€2,501
Tax, wage and social debts +€345
Other debts +€31,479
Accrued charges and deferred income +€1,215
Investment in fixed assets (net) -€2,120
Contributions, distributions and other -€59,076
Cash 2025 €334,522
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €367,600 €360,721 -€6,879 -1.9%
Fixed assets 21/28 €11,701 €4,861 -€6,840 -58.5%
Tangible fixed assets 22/27 €11,701 €4,861 -€6,840 -58.5%
Furniture and vehicles 24 €11,701 €4,861 -€6,840 -58.5%
Current assets 29/58 €355,900 €355,860 -€39 0.0%
Amounts receivable within one year 40/41 €9,816 €21,338 +€11,523 +117.4%
Trade receivables 40 €9,716 €14,974 +€5,257 +54.1%
Other amounts receivable 41 €99 €6,365 +€6,265 +6299.7%
Cash at bank and in hand 54/58 €345,705 €334,522 -€11,183 -3.2%
Deferred charges and accrued income 490/1 €378 - -€378
Total equity and liabilities 10/49 €367,600 €360,721 -€6,879 -1.9%
Equity 10/15 €325,373 €287,957 -€37,417 -11.5%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €262,227 €224,810 -€37,417 -14.3%
Non-distributable reserves 130/1 €1,855 €1,855 = 0.0%
Reserves not available under the articles 1311 €1,855 €1,855 = 0.0%
Distributable reserves 133 €260,372 €222,955 -€37,417 -14.4%
Profit (loss) carried forward 14 €50,747 €50,747 = 0.0%
Amounts payable 17/49 €42,227 €72,764 +€30,538 +72.3%
Amounts payable within one year 42/48 €42,227 €71,549 +€29,323 +69.4%
Trade debts 44 €3,085 €584 -€2,501 -81.1%
Suppliers 440/4 €3,085 €584 -€2,501 -81.1%
Advances received on contracts in progress 46 €0 - =
Taxes, remuneration and social security 45 €10,222 €10,567 +€345 +3.4%
Taxes 450/3 €10,222 €10,567 +€345 +3.4%
Other amounts payable 47/48 €28,920 €60,399 +€31,479 +108.8%
Accrued charges and deferred income 492/3 - €1,215 +€1,215
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,845 €8,960 +€115 +1.3%
Other operating charges 640/8 €387 €573 +€186 +47.9%
Gross operating margin 9900 €72,301 €41,282 -€31,019 -42.9%
Operating profit (loss) 9901 €63,069 €31,749 -€31,319 -49.7%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €185 €1,455 +€1,269 +685.6%
Recurring financial charges 65 €185 €1,455 +€1,269 +685.6%
Profit (loss) for the period before taxes 9903 €62,883 €30,295 -€32,589 -51.8%
Income taxes 67/77 €17,377 €8,635 -€8,741 -50.3%
Profit (loss) for the period 9904 €45,507 €21,659 -€23,848 -52.4%
Profit (loss) for the period to be appropriated 9905 €45,507 €21,659 -€23,848 -52.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.