REPLY MANAGEMENT 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.
REPLY MANAGEMENT CONSULTING
Largest movements
- Deferred charges and accrued income +€114,063
new in 2025: €114,063
- Cash -€79,580
down €79,580 (-53.8%), from €148,046 to €68,466
mainly Deferred charges and accrued income (-€114,063) and Investment in fixed assets (net) (-€42,861)
- Receivables within one year +€35,632
up €35,632 (+57.6%), from €61,853 to €97,485
of which Trade receivables: +€39,169
- Accrued charges and deferred income +€48,244
up €48,244 (+278%), from €17,366 to €65,610
- Reserves +€30,944
up €30,944 (+12.5%), from €247,243 to €278,187
of which Distributable reserves: +€30,944
- Tax, wage and social debts -€11,458
down €11,458 (-46.5%), from €24,618 to €13,159
of which Taxes: -€8,458
- Gross operating margin +€19,358
up €19,358 (+26.3%), from €73,487 to €92,845
- Taxes +€3,008
up €3,008 (+34.1%), from €8,815 to €11,824
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 | €581,303 | €647,585 | +€66,283 | +11.4% |
| Fixed assets | 21/28 | €338,381 | €334,550 | -€3,831 | -1.1% |
| Tangible fixed assets | 22/27 | €336,761 | €332,930 | -€3,831 | -1.1% |
| Land and buildings | 22 | €278,153 | €265,279 | -€12,873 | -4.6% |
| Plant, machinery and equipment | 23 | €36,423 | €16,208 | -€20,215 | -55.5% |
| Furniture and vehicles | 24 | €12,015 | €41,272 | +€29,257 | +244% |
| Other tangible fixed assets | 26 | €10,170 | €10,170 | = | 0.0% |
| Financial fixed assets | 28 | €1,620 | €1,620 | = | 0.0% |
| Current assets | 29/58 | €242,921 | €313,035 | +€70,114 | +28.9% |
| Amounts receivable within one year | 40/41 | €61,853 | €97,485 | +€35,632 | +57.6% |
| Trade receivables | 40 | €45,099 | €84,268 | +€39,169 | +86.9% |
| Other amounts receivable | 41 | €16,754 | €13,218 | -€3,537 | -21.1% |
| Current investments | 50/53 | €33,022 | €33,022 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €148,046 | €68,466 | -€79,580 | -53.8% |
| Deferred charges and accrued income | 490/1 | - | €114,063 | +€114,063 | |
| Total equity and liabilities | 10/49 | €581,303 | €647,585 | +€66,283 | +11.4% |
| Equity | 10/15 | €533,463 | €564,408 | +€30,944 | +5.8% |
| Contributions | 10/11 | €286,220 | €286,220 | = | 0.0% |
| Reserves | 13 | €247,243 | €278,187 | +€30,944 | +12.5% |
| Non-distributable reserves | 130/1 | €5,324 | €5,324 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,324 | €5,324 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,915 | €24,915 | = | 0.0% |
| Distributable reserves | 133 | €217,004 | €247,949 | +€30,944 | +14.3% |
| Amounts payable | 17/49 | €47,839 | €83,178 | +€35,339 | +73.9% |
| Amounts payable within one year | 42/48 | €30,473 | €17,567 | -€12,906 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €2,197 | - | -€2,197 | |
| Trade debts | 44 | €3,658 | €3,726 | +€68 | +1.8% |
| Suppliers | 440/4 | €3,658 | €3,726 | +€68 | +1.8% |
| Advances received on contracts in progress | 46 | - | €682 | +€682 | |
| Taxes, remuneration and social security | 45 | €24,618 | €13,159 | -€11,458 | -46.5% |
| Taxes | 450/3 | €21,618 | €13,159 | -€8,458 | -39.1% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Accrued charges and deferred income | 492/3 | €17,366 | €65,610 | +€48,244 | +278% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,414 | €46,692 | +€278 | +0.6% |
| Other operating charges | 640/8 | €3,177 | €3,476 | +€298 | +9.4% |
| Gross operating margin | 9900 | €73,487 | €92,845 | +€19,358 | +26.3% |
| Operating profit (loss) | 9901 | €23,895 | €42,677 | +€18,781 | +78.6% |
| Financial income | 75/76B | €497 | €214 | -€283 | -56.9% |
| Recurring financial income | 75 | €497 | €214 | -€283 | -56.9% |
| Financial charges | 65/66B | €688 | €123 | -€564 | -82.1% |
| Recurring financial charges | 65 | €688 | €123 | -€564 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | €23,705 | €42,768 | +€19,063 | +80.4% |
| Income taxes | 67/77 | €8,815 | €11,824 | +€3,008 | +34.1% |
| Profit (loss) for the period | 9904 | €14,890 | €30,944 | +€16,055 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €14,890 | €30,944 | +€16,055 | +108% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.