Relaczen 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.
Relaczen Consulting
Largest movements
- Receivables within one year -€13,884
down €13,884 (-99.1%), from €14,007 to €124
of which Trade receivables: -€9,032
- Deferred charges and accrued income -€11,390
no longer reported in 2025 (was €11,390)
- Cash -€7,688
down €7,688 (-46.3%), from €16,604 to €8,916
mainly Advances received (-€22,990) and Tax, wage and social debts (-€5,540)
- Tangible fixed assets +€790
up €790 (+10.9%), from €7,217 to €8,007
of which Furniture and vehicles: +€1,649
- Advances received -€22,990
no longer reported in 2025 (was €22,990)
- Tax, wage and social debts -€5,540
no longer reported in 2025 (was €5,540)
- Profit (loss) carried forward -€4,880
down €4,880 (-27.4%), from -€17,788 to -€22,668
- Other debts +€1,669
new in 2025: €1,669
- Gross operating margin -€8,652
down €8,652, from €7,171 to -€1,481
- Financial income -€148
no longer reported in 2025 (was €148)
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 | €49,309 | €17,137 | -€32,173 | -65.2% |
| Fixed assets | 21/28 | €7,307 | €8,097 | +€790 | +10.8% |
| Tangible fixed assets | 22/27 | €7,217 | €8,007 | +€790 | +10.9% |
| Plant, machinery and equipment | 23 | €7,217 | €6,358 | -€859 | -11.9% |
| Furniture and vehicles | 24 | €0 | €1,649 | +€1,649 | |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €42,002 | €9,040 | -€32,962 | -78.5% |
| Amounts receivable within one year | 40/41 | €14,007 | €124 | -€13,884 | -99.1% |
| Trade receivables | 40 | €9,156 | €124 | -€9,032 | -98.6% |
| Other amounts receivable | 41 | €4,851 | - | -€4,851 | |
| Cash at bank and in hand | 54/58 | €16,604 | €8,916 | -€7,688 | -46.3% |
| Deferred charges and accrued income | 490/1 | €11,390 | - | -€11,390 | |
| Total equity and liabilities | 10/49 | €49,309 | €17,137 | -€32,173 | -65.2% |
| Equity | 10/15 | €18,470 | €13,591 | -€4,880 | -26.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €6,259 | €6,259 | = | 0.0% |
| Distributable reserves | 133 | €6,259 | €6,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,788 | -€22,668 | -€4,880 | -27.4% |
| Amounts payable | 17/49 | €30,839 | €3,546 | -€27,293 | -88.5% |
| Amounts payable within one year | 42/48 | €30,839 | €3,546 | -€27,293 | -88.5% |
| Trade debts | 44 | €2,309 | €1,877 | -€432 | -18.7% |
| Suppliers | 440/4 | €2,309 | €1,877 | -€432 | -18.7% |
| Advances received on contracts in progress | 46 | €22,990 | - | -€22,990 | |
| Taxes, remuneration and social security | 45 | €5,540 | - | -€5,540 | |
| Taxes | 450/3 | €5,540 | - | -€5,540 | |
| Other amounts payable | 47/48 | - | €1,669 | +€1,669 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,778 | €2,789 | +€11 | +0.4% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €7,171 | -€1,481 | -€8,652 | |
| Operating profit (loss) | 9901 | €3,865 | -€4,814 | -€8,679 | |
| Financial income | 75/76B | €148 | - | -€148 | |
| Recurring financial income | 75 | €148 | - | -€148 | |
| Financial charges | 65/66B | €85 | €65 | -€20 | -23.4% |
| Recurring financial charges | 65 | €85 | €65 | -€20 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €3,928 | -€4,880 | -€8,807 | |
| Profit (loss) for the period | 9904 | €3,928 | -€4,880 | -€8,807 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,928 | -€4,880 | -€8,807 |
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.