RES Consult: what changed
Two fiscal 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.
RES Consult
Largest movements
- Receivables after one year -€943,691
down €943,691 (-65.4%), from €1.4m to €500,000
- Receivables within one year +€789,015
up €789,015 (+871.4%), from €90,541 to €879,556
of which Other amounts receivable: +€746,710
- Cash -€42,588
down €42,588 (-51.5%), from €82,703 to €40,115
mainly Receivables within one year (-€789,015) and Accrued charges and deferred income (-€211,967)
- Accrued charges and deferred income -€211,967
down €211,967 (-100.0%), from €212,009 to €42
- Debts after one year +€49,165
up €49,165 (+68.6%), from €71,632 to €120,797
- Tax, wage and social debts -€29,466
down €29,466 (-15.3%), from €192,488 to €163,022
of which Taxes: -€29,466
- Profit (loss) carried forward -€26,762
down €26,762 (-10.3%), from €258,977 to €232,216
- Trade debts +€26,434
up €26,434 (+48.7%), from €54,237 to €80,670
- Gross operating margin -€343,520
down €343,520, from €333,553 to -€9,967
- Financial charges +€310,282
up €310,282 (+10901.4%), from €2,846 to €313,128
- Financial income +€265,674
up €265,674 (+485.4%), from €54,738 to €320,413
- Taxes -€93,890
down €93,890 (-99.6%), from €94,254 to €365
- Write-downs -€10,769
down €10,769 (-52.1%), from €20,669 to €9,900
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 | €2,050,017 | €1,860,699 | -€189,319 | -9.2% |
| Fixed assets | 21/28 | €343,771 | €349,281 | +€5,510 | +1.6% |
| Tangible fixed assets | 22/27 | €43,771 | €49,281 | +€5,510 | +12.6% |
| Furniture and vehicles | 24 | €16,584 | €0 | -€16,584 | -100.0% |
| Other tangible fixed assets | 26 | €27,187 | €49,281 | +€22,094 | +81.3% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €1,706,247 | €1,511,418 | -€194,829 | -11.4% |
| Amounts receivable after more than one year | 29 | €1,443,691 | €500,000 | -€943,691 | -65.4% |
| Other amounts receivable | 291 | €1,443,691 | €500,000 | -€943,691 | -65.4% |
| Stocks and contracts in progress | 3 | €56,100 | €56,100 | = | 0.0% |
| Stocks | 30/36 | €56,100 | €56,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €90,541 | €879,556 | +€789,015 | +871.4% |
| Trade receivables | 40 | €30,687 | €72,991 | +€42,304 | +137.9% |
| Other amounts receivable | 41 | €59,854 | €806,564 | +€746,710 | +1247.5% |
| Cash at bank and in hand | 54/58 | €82,703 | €40,115 | -€42,588 | -51.5% |
| Deferred charges and accrued income | 490/1 | €33,211 | €35,647 | +€2,436 | +7.3% |
| Total equity and liabilities | 10/49 | €2,050,017 | €1,860,699 | -€189,319 | -9.2% |
| Equity | 10/15 | €1,517,079 | €1,490,317 | -€26,762 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,251,901 | €1,251,901 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,250,041 | €1,250,041 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,977 | €232,216 | -€26,762 | -10.3% |
| Amounts payable | 17/49 | €532,938 | €370,382 | -€162,557 | -30.5% |
| Amounts payable after more than one year | 17 | €71,632 | €120,797 | +€49,165 | +68.6% |
| Financial debts | 170/4 | €71,632 | €120,797 | +€49,165 | +68.6% |
| Amounts payable within one year | 42/48 | €249,297 | €249,543 | +€246 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €2,573 | €2,573 | = | 0.0% |
| Financial debts | 43 | - | €3,278 | +€3,278 | |
| Other loans | 439 | - | €3,278 | +€3,278 | |
| Trade debts | 44 | €54,237 | €80,670 | +€26,434 | +48.7% |
| Suppliers | 440/4 | €54,237 | €80,670 | +€26,434 | +48.7% |
| Taxes, remuneration and social security | 45 | €192,488 | €163,022 | -€29,466 | -15.3% |
| Taxes | 450/3 | €192,488 | €163,022 | -€29,466 | -15.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €212,009 | €42 | -€211,967 | -100.0% |
| Non-recurring operating income | 76A | €2,117 | €10,916 | +€8,800 | +415.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,229 | €6,841 | -€388 | -5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,669 | €9,900 | -€10,769 | -52.1% |
| Other operating charges | 640/8 | €4,314 | €6,973 | +€2,659 | +61.6% |
| Gross operating margin | 9900 | €333,553 | -€9,967 | -€343,520 | |
| Operating profit (loss) | 9901 | €301,340 | -€33,681 | -€335,021 | |
| Financial income | 75/76B | €54,738 | €320,413 | +€265,674 | +485.4% |
| Recurring financial income | 75 | €54,738 | €320,413 | +€265,674 | +485.4% |
| Financial charges | 65/66B | €2,846 | €313,128 | +€310,282 | +10901.4% |
| Recurring financial charges | 65 | €2,846 | €313,128 | +€310,282 | +10901.4% |
| Profit (loss) for the period before taxes | 9903 | €353,232 | -€26,397 | -€379,629 | |
| Income taxes | 67/77 | €94,254 | €365 | -€93,890 | -99.6% |
| Profit (loss) for the period | 9904 | €258,977 | -€26,762 | -€285,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €258,977 | -€26,762 | -€285,739 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.