QUALITATIVE AND CONSTRUCTIVE CONSULTANCY: 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.
QUALITATIVE AND CONSTRUCTIVE CONSULTANCY
Largest movements
- Receivables within one year +€75,921
up €75,921 (+82.5%), from €92,041 to €167,962
of which Trade receivables: +€76,050
- Receivables after one year -€42,500
no longer reported in 2025 (was €42,500)
- Cash +€11,656
up €11,656 (+40.8%), from €28,594 to €40,250
mainly Net result for the year (+€47,379) and Receivables after one year (+€42,500)
- Tangible fixed assets -€9,073
down €9,073 (-3.8%), from €240,002 to €230,929
of which Land and buildings: -€6,302
- Reserves +€47,379
up €47,379 (+22.9%), from €206,839 to €254,218
- Debts after one year -€12,325
down €12,325 (-7.2%), from €172,341 to €160,016
- Gross operating margin -€12,365
down €12,365 (-12.6%), from €97,771 to €85,407
- Other operating charges -€3,018
down €3,018 (-79.3%), from €3,807 to €790
- Taxes -€2,601
down €2,601 (-11.5%), from €22,625 to €20,024
- Depreciation +€1,298
up €1,298 (+10.6%), from €12,223 to €13,520
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 | €419,724 | €455,728 | +€36,004 | +8.6% |
| Fixed assets | 21/28 | €240,002 | €230,929 | -€9,073 | -3.8% |
| Tangible fixed assets | 22/27 | €240,002 | €230,929 | -€9,073 | -3.8% |
| Land and buildings | 22 | €214,851 | €208,549 | -€6,302 | -2.9% |
| Plant, machinery and equipment | 23 | €16,419 | €13,411 | -€3,008 | -18.3% |
| Furniture and vehicles | 24 | €8,731 | €8,968 | +€237 | +2.7% |
| Current assets | 29/58 | €179,722 | €224,800 | +€45,077 | +25.1% |
| Amounts receivable after more than one year | 29 | €42,500 | - | -€42,500 | |
| Other amounts receivable | 291 | €42,500 | - | -€42,500 | |
| Amounts receivable within one year | 40/41 | €92,041 | €167,962 | +€75,921 | +82.5% |
| Trade receivables | 40 | €36,300 | €112,350 | +€76,050 | +210% |
| Other amounts receivable | 41 | €55,741 | €55,612 | -€129 | -0.2% |
| Current investments | 50/53 | €16,587 | €16,587 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,594 | €40,250 | +€11,656 | +40.8% |
| Total equity and liabilities | 10/49 | €419,724 | €455,728 | +€36,004 | +8.6% |
| Equity | 10/15 | €217,040 | €264,419 | +€47,379 | +21.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €206,839 | €254,218 | +€47,379 | +22.9% |
| Distributable reserves | 133 | €206,839 | €254,218 | +€47,379 | +22.9% |
| Profit (loss) carried forward | 14 | €4,002 | €4,002 | = | 0.0% |
| Amounts payable | 17/49 | €202,684 | €191,309 | -€11,375 | -5.6% |
| Amounts payable after more than one year | 17 | €172,341 | €160,016 | -€12,325 | -7.2% |
| Financial debts | 170/4 | €172,341 | €160,016 | -€12,325 | -7.2% |
| Amounts payable within one year | 42/48 | €30,343 | €31,293 | +€951 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €13,395 | €13,627 | +€232 | +1.7% |
| Financial debts | 43 | €3,663 | €4,106 | +€443 | +12.1% |
| Credit institutions | 430/8 | €3,663 | €4,106 | +€443 | +12.1% |
| Trade debts | 44 | €1,652 | €1,211 | -€441 | -26.7% |
| Suppliers | 440/4 | €1,652 | €1,211 | -€441 | -26.7% |
| Taxes, remuneration and social security | 45 | €11,634 | €12,349 | +€715 | +6.2% |
| Taxes | 450/3 | €8,763 | €12,349 | +€3,586 | +40.9% |
| Remuneration and social security | 454/9 | €2,871 | - | -€2,871 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,223 | €13,520 | +€1,298 | +10.6% |
| Other operating charges | 640/8 | €3,807 | €790 | -€3,018 | -79.3% |
| Gross operating margin | 9900 | €97,771 | €85,407 | -€12,365 | -12.6% |
| Operating profit (loss) | 9901 | €81,742 | €71,097 | -€10,645 | -13.0% |
| Financial income | 75/76B | €124 | €398 | +€275 | +222% |
| Recurring financial income | 75 | €124 | €398 | +€275 | +222% |
| Financial charges | 65/66B | €4,011 | €4,092 | +€82 | +2.0% |
| Recurring financial charges | 65 | €4,011 | €4,092 | +€82 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €77,855 | €67,403 | -€10,452 | -13.4% |
| Income taxes | 67/77 | €22,625 | €20,024 | -€2,601 | -11.5% |
| Profit (loss) for the period | 9904 | €55,230 | €47,379 | -€7,851 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,230 | €47,379 | -€7,851 | -14.2% |
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 15 October 2026 via checked.be.