REAL CONSULTANCE: 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.
REAL CONSULTANCE
Largest movements
- Cash -€309,354
down €309,354 (-78.0%), from €396,703 to €87,349
mainly Current investments (-€298,507) and Net result for the year (-€18,271)
- Current investments +€298,507
new in 2025: €298,507
- Receivables within one year -€12,196
down €12,196 (-88.8%), from €13,741 to €1,546
of which Trade receivables: -€10,509
- Profit (loss) carried forward -€18,271
down €18,271 (-53.7%), from €33,999 to €15,728
- Tax, wage and social debts -€5,964
down €5,964 (-66.5%), from €8,964 to €3,000
- Gross operating margin -€43,377
down €43,377, from €26,986 to -€16,391
- Taxes -€7,721
no longer reported in 2025 (was €7,721)
- Other operating charges +€885
up €885 (+187%), from €472 to €1,357
- Financial income -€652
down €652 (-40.8%), from €1,599 to €947
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 | €411,918 | €387,821 | -€24,097 | -5.8% |
| Fixed assets | 21/28 | €1,474 | €419 | -€1,055 | -71.6% |
| Tangible fixed assets | 22/27 | €1,474 | €419 | -€1,055 | -71.6% |
| Furniture and vehicles | 24 | €1,474 | €419 | -€1,055 | -71.6% |
| Current assets | 29/58 | €410,444 | €387,402 | -€23,042 | -5.6% |
| Amounts receivable within one year | 40/41 | €13,741 | €1,546 | -€12,196 | -88.8% |
| Trade receivables | 40 | €11,064 | €555 | -€10,509 | -95.0% |
| Other amounts receivable | 41 | €2,677 | €991 | -€1,686 | -63.0% |
| Current investments | 50/53 | - | €298,507 | +€298,507 | |
| Cash at bank and in hand | 54/58 | €396,703 | €87,349 | -€309,354 | -78.0% |
| Total equity and liabilities | 10/49 | €411,918 | €387,821 | -€24,097 | -5.8% |
| Equity | 10/15 | €395,541 | €377,270 | -€18,271 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €342,941 | €342,941 | = | 0.0% |
| Distributable reserves | 133 | €342,941 | €342,941 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,999 | €15,728 | -€18,271 | -53.7% |
| Amounts payable | 17/49 | €16,377 | €10,551 | -€5,826 | -35.6% |
| Amounts payable within one year | 42/48 | €16,377 | €10,551 | -€5,826 | -35.6% |
| Trade debts | 44 | €2,284 | €2,463 | +€179 | +7.8% |
| Suppliers | 440/4 | €2,284 | €2,463 | +€179 | +7.8% |
| Taxes, remuneration and social security | 45 | €8,964 | €3,000 | -€5,964 | -66.5% |
| Taxes | 450/3 | €8,964 | €3,000 | -€5,964 | -66.5% |
| Other amounts payable | 47/48 | €5,129 | €5,088 | -€41 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,144 | €1,055 | -€89 | -7.7% |
| Other operating charges | 640/8 | €472 | €1,357 | +€885 | +187% |
| Gross operating margin | 9900 | €26,986 | -€16,391 | -€43,377 | |
| Operating profit (loss) | 9901 | €25,370 | -€18,803 | -€44,173 | |
| Financial income | 75/76B | €1,599 | €947 | -€652 | -40.8% |
| Recurring financial income | 75 | €1,599 | €947 | -€652 | -40.8% |
| Financial charges | 65/66B | €343 | €415 | +€72 | +20.9% |
| Recurring financial charges | 65 | €343 | €415 | +€72 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €26,626 | -€18,271 | -€44,897 | |
| Income taxes | 67/77 | €7,721 | - | -€7,721 | |
| Profit (loss) for the period | 9904 | €18,905 | -€18,271 | -€37,176 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,905 | -€18,271 | -€37,176 |
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 21 October 2026 via checked.be.