REPCONSULT: 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.
REPCONSULT
Largest movements
- Cash +€56,155
up €56,155 (+58.7%), from €95,714 to €151,869
mainly Net result for the year (+€47,678) and Current investments (+€11,100)
- Receivables within one year +€11,514
up €11,514 (+30.0%), from €38,378 to €49,892
of which Trade receivables: +€8,534
- Current investments -€11,100
down €11,100 (-4.0%), from €280,875 to €269,775
- Tangible fixed assets -€7,731
down €7,731 (-23.5%), from €32,894 to €25,163
of which Other tangible fixed assets: -€7,295
- Reserves +€47,678
up €47,678 (+13.0%), from €365,803 to €413,481
- Gross operating margin -€44,795
down €44,795 (-37.9%), from €118,311 to €73,516
- Taxes -€12,537
down €12,537 (-38.6%), from €32,453 to €19,915
- Financial income +€3,934
up €3,934 (+71.2%), from €5,524 to €9,458
- Financial charges +€2,798
up €2,798 (+71.3%), from €3,925 to €6,723
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.
Cash bridge derived
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 | €449,255 | €498,576 | +€49,320 | +11.0% |
| Fixed assets | 21/28 | €33,394 | €25,663 | -€7,731 | -23.2% |
| Tangible fixed assets | 22/27 | €32,894 | €25,163 | -€7,731 | -23.5% |
| Furniture and vehicles | 24 | €436 | €0 | -€436 | -100.0% |
| Other tangible fixed assets | 26 | €32,458 | €25,163 | -€7,295 | -22.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €415,861 | €472,913 | +€57,051 | +13.7% |
| Amounts receivable within one year | 40/41 | €38,378 | €49,892 | +€11,514 | +30.0% |
| Trade receivables | 40 | €33,378 | €41,911 | +€8,534 | +25.6% |
| Other amounts receivable | 41 | €5,000 | €7,981 | +€2,981 | +59.6% |
| Current investments | 50/53 | €280,875 | €269,775 | -€11,100 | -4.0% |
| Cash at bank and in hand | 54/58 | €95,714 | €151,869 | +€56,155 | +58.7% |
| Deferred charges and accrued income | 490/1 | €894 | €1,377 | +€482 | +53.9% |
| Total equity and liabilities | 10/49 | €449,255 | €498,576 | +€49,320 | +11.0% |
| Equity | 10/15 | €384,403 | €432,081 | +€47,678 | +12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €365,803 | €413,481 | +€47,678 | +13.0% |
| Distributable reserves | 133 | €365,803 | €413,481 | +€47,678 | +13.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €64,853 | €66,495 | +€1,642 | +2.5% |
| Amounts payable within one year | 42/48 | €61,546 | €63,628 | +€2,082 | +3.4% |
| Financial debts | 43 | €6,250 | €4,781 | -€1,469 | -23.5% |
| Credit institutions | 430/8 | €6,250 | €4,781 | -€1,469 | -23.5% |
| Trade debts | 44 | €2,533 | €5,814 | +€3,280 | +129.5% |
| Suppliers | 440/4 | €2,533 | €5,814 | +€3,280 | +129.5% |
| Taxes, remuneration and social security | 45 | €11,926 | €12,895 | +€969 | +8.1% |
| Taxes | 450/3 | €11,926 | €12,895 | +€969 | +8.1% |
| Other amounts payable | 47/48 | €40,837 | €40,139 | -€698 | -1.7% |
| Accrued charges and deferred income | 492/3 | €3,306 | €2,867 | -€440 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,642 | €7,731 | +€89 | +1.2% |
| Other operating charges | 640/8 | €503 | €926 | +€423 | +83.9% |
| Gross operating margin | 9900 | €118,311 | €73,516 | -€44,795 | -37.9% |
| Operating profit (loss) | 9901 | €110,166 | €64,859 | -€45,307 | -41.1% |
| Financial income | 75/76B | €5,524 | €9,458 | +€3,934 | +71.2% |
| Recurring financial income | 75 | €5,524 | €9,458 | +€3,934 | +71.2% |
| Financial charges | 65/66B | €3,925 | €6,723 | +€2,798 | +71.3% |
| Recurring financial charges | 65 | €3,925 | €6,723 | +€2,798 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | €111,765 | €67,593 | -€44,172 | -39.5% |
| Income taxes | 67/77 | €32,453 | €19,915 | -€12,537 | -38.6% |
| Profit (loss) for the period | 9904 | €79,313 | €47,678 | -€31,635 | -39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,313 | €47,678 | -€31,635 | -39.9% |
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 9 October 2026 via checked.be.