Pygmalion 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.
Pygmalion Consulting
Largest movements
- Cash +€38,024
up €38,024 (+168%), from €22,633 to €60,657
mainly Other debts (+€80,056) and Net result for the year (+€45,254)
- Receivables within one year +€10,781
new in 2025: €10,781
- Tangible fixed assets -€10,209
down €10,209 (-8.3%), from €122,772 to €112,563
of which Furniture and vehicles: -€7,512
- Other debts +€80,056
up €80,056 (+172%), from €46,412 to €126,468
- Profit (loss) carried forward -€40,666
no longer reported in 2025 (was €40,666)
- Tax, wage and social debts +€12,140
up €12,140 (+65.9%), from €18,411 to €30,551
- Debts after one year -€7,130
down €7,130 (-26.5%), from €26,883 to €19,753
- Reserves -€6,025
no longer reported in 2025 (was €6,025)
- Gross operating margin +€12,805
up €12,805 (+20.4%), from €62,742 to €75,547
- Depreciation +€6,420
up €6,420 (+169%), from €3,789 to €10,209
- Taxes +€3,421
up €3,421 (+23.2%), from €14,745 to €18,166
- Financial charges -€1,682
down €1,682 (-56.5%), from €2,979 to €1,297
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 | €145,405 | €184,001 | +€38,596 | +26.5% |
| Fixed assets | 21/28 | €122,772 | €112,563 | -€10,209 | -8.3% |
| Tangible fixed assets | 22/27 | €122,772 | €112,563 | -€10,209 | -8.3% |
| Land and buildings | 22 | €88,803 | €86,106 | -€2,697 | -3.0% |
| Furniture and vehicles | 24 | €33,969 | €26,457 | -€7,512 | -22.1% |
| Current assets | 29/58 | €22,633 | €71,438 | +€48,805 | +216% |
| Amounts receivable within one year | 40/41 | - | €10,781 | +€10,781 | |
| Trade receivables | 40 | - | €10,781 | +€10,781 | |
| Cash at bank and in hand | 54/58 | €22,633 | €60,657 | +€38,024 | +168% |
| Total equity and liabilities | 10/49 | €145,405 | €184,001 | +€38,596 | +26.5% |
| Equity | 10/15 | €46,791 | €100 | -€46,691 | -99.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €6,025 | - | -€6,025 | |
| Distributable reserves | 133 | €6,025 | - | -€6,025 | |
| Profit (loss) carried forward | 14 | €40,666 | - | -€40,666 | |
| Amounts payable | 17/49 | €98,614 | €183,901 | +€85,287 | +86.5% |
| Amounts payable after more than one year | 17 | €26,883 | €19,753 | -€7,130 | -26.5% |
| Financial debts | 170/4 | €26,883 | €19,753 | -€7,130 | -26.5% |
| Amounts payable within one year | 42/48 | €71,731 | €164,148 | +€92,417 | +129% |
| Financial debts | 43 | €6,858 | €7,129 | +€271 | +4.0% |
| Credit institutions | 430/8 | €6,858 | €7,129 | +€271 | +4.0% |
| Trade debts | 44 | €50 | - | -€50 | |
| Suppliers | 440/4 | €50 | - | -€50 | |
| Taxes, remuneration and social security | 45 | €18,411 | €30,551 | +€12,140 | +65.9% |
| Taxes | 450/3 | €18,411 | €30,551 | +€12,140 | +65.9% |
| Other amounts payable | 47/48 | €46,412 | €126,468 | +€80,056 | +172% |
| Non-recurring operating income | 76A | €4,944 | - | -€4,944 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,789 | €10,209 | +€6,420 | +169% |
| Other operating charges | 640/8 | €563 | €621 | +€58 | +10.3% |
| Gross operating margin | 9900 | €62,742 | €75,547 | +€12,805 | +20.4% |
| Operating profit (loss) | 9901 | €58,390 | €64,717 | +€6,327 | +10.8% |
| Financial charges | 65/66B | €2,979 | €1,297 | -€1,682 | -56.5% |
| Recurring financial charges | 65 | €2,979 | €1,297 | -€1,682 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | €55,411 | €63,420 | +€8,009 | +14.5% |
| Income taxes | 67/77 | €14,745 | €18,166 | +€3,421 | +23.2% |
| Profit (loss) for the period | 9904 | €40,666 | €45,254 | +€4,588 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,666 | €45,254 | +€4,588 | +11.3% |
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.