R CONSEILS: 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.
R CONSEILS
Largest movements
- Cash -€46,196
down €46,196 (-47.2%), from €97,864 to €51,669
mainly Net result for the year (-€79,838) and Receivables within one year (-€6,550)
- Receivables within one year +€6,550
up €6,550 (+10.5%), from €62,154 to €68,705
of which Trade receivables: +€5,728
- Deferred charges and accrued income +€5,576
up €5,576 (+184%), from €3,037 to €8,613
- Profit (loss) carried forward -€79,838
down €79,838, from €75,853 to -€3,985
- Trade debts +€34,931
up €34,931 (+124%), from €28,107 to €63,039
- Tax, wage and social debts +€12,424
up €12,424 (+62.6%), from €19,853 to €32,277
of which Remuneration and social security: +€10,460
- Staff costs +€73,671
up €73,671 (+57.7%), from €127,574 to €201,245
- Gross operating margin -€3,309
down €3,309 (-2.7%), from €122,877 to €119,568
- Financial income +€3,161
up €3,161 (+229%), from €1,381 to €4,541
- Other operating charges +€1,431
up €1,431 (+241%), from €595 to €2,026
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 | €338,052 | €307,079 | -€30,973 | -9.2% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €338,052 | €307,079 | -€30,973 | -9.2% |
| Stocks and contracts in progress | 3 | €24,996 | €28,092 | +€3,096 | +12.4% |
| Stocks | 30/36 | €24,996 | €28,092 | +€3,096 | +12.4% |
| Amounts receivable within one year | 40/41 | €62,154 | €68,705 | +€6,550 | +10.5% |
| Trade receivables | 40 | €60,525 | €66,253 | +€5,728 | +9.5% |
| Other amounts receivable | 41 | €1,629 | €2,451 | +€822 | +50.5% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,864 | €51,669 | -€46,196 | -47.2% |
| Deferred charges and accrued income | 490/1 | €3,037 | €8,613 | +€5,576 | +184% |
| Total equity and liabilities | 10/49 | €338,052 | €307,079 | -€30,973 | -9.2% |
| Equity | 10/15 | €105,313 | €25,475 | -€79,838 | -75.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,860 | €10,860 | = | 0.0% |
| Distributable reserves | 133 | €10,860 | €10,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,853 | -€3,985 | -€79,838 | |
| Amounts payable | 17/49 | €232,739 | €281,604 | +€48,865 | +21.0% |
| Amounts payable within one year | 42/48 | €232,603 | €281,604 | +€49,001 | +21.1% |
| Trade debts | 44 | €28,107 | €63,039 | +€34,931 | +124% |
| Suppliers | 440/4 | €28,107 | €63,039 | +€34,931 | +124% |
| Taxes, remuneration and social security | 45 | €19,853 | €32,277 | +€12,424 | +62.6% |
| Taxes | 450/3 | €1,396 | €3,360 | +€1,964 | +141% |
| Remuneration and social security | 454/9 | €18,458 | €28,917 | +€10,460 | +56.7% |
| Other amounts payable | 47/48 | €184,642 | €186,288 | +€1,646 | +0.9% |
| Accrued charges and deferred income | 492/3 | €136 | €0 | -€136 | -100% |
| Remuneration, social security and pensions | 62 | €127,574 | €201,245 | +€73,671 | +57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €595 | €2,026 | +€1,431 | +241% |
| Non-recurring operating charges | 66A | €852 | €0 | -€852 | -100% |
| Gross operating margin | 9900 | €122,877 | €119,568 | -€3,309 | -2.7% |
| Operating profit (loss) | 9901 | -€6,143 | -€83,703 | -€77,560 | -1,263% |
| Financial income | 75/76B | €1,381 | €4,541 | +€3,161 | +229% |
| Recurring financial income | 75 | €1,381 | €4,541 | +€3,161 | +229% |
| Financial charges | 65/66B | €302 | €277 | -€25 | -8.2% |
| Recurring financial charges | 65 | €302 | €277 | -€25 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,064 | -€79,438 | -€74,374 | -1,469% |
| Income taxes | 67/77 | €184 | €400 | +€216 | +117% |
| Profit (loss) for the period | 9904 | -€5,248 | -€79,838 | -€74,590 | -1,421% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,248 | -€79,838 | -€74,590 | -1,421% |
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 27 October 2026 via checked.be.