RESPONSIVE GROWTH DEVELOPMENT 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.
RESPONSIVE GROWTH DEVELOPMENT CONSULTING
Largest movements
- Receivables within one year -€176,155
down €176,155 (-33.4%), from €528,177 to €352,022
of which Trade receivables: -€140,025
- Cash -€35,974
down €35,974 (-84.4%), from €42,624 to €6,649
mainly Advances received (-€199,671) and Net result for the year (-€48,527)
- Advances received -€199,671
down €199,671 (-51.7%), from €385,971 to €186,300
- Profit (loss) carried forward -€48,648
down €48,648 (-94.0%), from €51,758 to €3,110
- Trade debts +€43,968
up €43,968 (+197.1%), from €22,310 to €66,277
- Tax, wage and social debts -€9,703
down €9,703 (-97.7%), from €9,930 to €228
- Gross operating margin -€39,291
down €39,291 (-190.5%), from -€20,629 to -€59,920
- Staff costs +€15,737
no longer reported in 2025 (was -€15,737)
- Taxes -€5,725
no longer reported in 2025 (was €5,725)
- Financial income -€4,661
down €4,661 (-21.5%), from €21,688 to €17,027
- Financial charges +€1,478
up €1,478 (+84.5%), from €1,750 to €3,228
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 | €575,044 | €360,989 | -€214,054 | -37.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,243 | €2,318 | -€1,925 | -45.4% |
| Tangible fixed assets | 22/27 | €2,246 | €321 | -€1,925 | -85.7% |
| Furniture and vehicles | 24 | €2,246 | €321 | -€1,925 | -85.7% |
| Financial fixed assets | 28 | €1,997 | €1,997 | = | 0.0% |
| Current assets | 29/58 | €570,801 | €358,672 | -€212,129 | -37.2% |
| Amounts receivable within one year | 40/41 | €528,177 | €352,022 | -€176,155 | -33.4% |
| Trade receivables | 40 | €185,025 | €45,000 | -€140,025 | -75.7% |
| Other amounts receivable | 41 | €343,152 | €307,022 | -€36,130 | -10.5% |
| Cash at bank and in hand | 54/58 | €42,624 | €6,649 | -€35,974 | -84.4% |
| Total equity and liabilities | 10/49 | €575,044 | €360,989 | -€214,054 | -37.2% |
| Equity | 10/15 | €134,258 | €85,610 | -€48,648 | -36.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,758 | €3,110 | -€48,648 | -94.0% |
| Amounts payable | 17/49 | €440,786 | €275,380 | -€165,406 | -37.5% |
| Amounts payable within one year | 42/48 | €440,786 | €275,380 | -€165,406 | -37.5% |
| Trade debts | 44 | €22,310 | €66,277 | +€43,968 | +197.1% |
| Suppliers | 440/4 | €22,310 | €66,277 | +€43,968 | +197.1% |
| Advances received on contracts in progress | 46 | €385,971 | €186,300 | -€199,671 | -51.7% |
| Taxes, remuneration and social security | 45 | €9,930 | €228 | -€9,703 | -97.7% |
| Taxes | 450/3 | €9,930 | €228 | -€9,703 | -97.7% |
| Other amounts payable | 47/48 | €22,575 | €22,575 | = | 0.0% |
| Remuneration, social security and pensions | 62 | -€15,737 | - | +€15,737 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,925 | €1,925 | = | 0.0% |
| Other operating charges | 640/8 | €442 | €481 | +€39 | +8.9% |
| Gross operating margin | 9900 | -€20,629 | -€59,920 | -€39,291 | -190.5% |
| Operating profit (loss) | 9901 | -€7,259 | -€62,327 | -€55,068 | -758.6% |
| Financial income | 75/76B | €21,688 | €17,027 | -€4,661 | -21.5% |
| Recurring financial income | 75 | €21,688 | €17,027 | -€4,661 | -21.5% |
| Financial charges | 65/66B | €1,750 | €3,228 | +€1,478 | +84.5% |
| Recurring financial charges | 65 | €1,750 | €3,228 | +€1,478 | +84.5% |
| Profit (loss) for the period before taxes | 9903 | €12,680 | -€48,527 | -€61,207 | |
| Income taxes | 67/77 | €5,725 | - | -€5,725 | |
| Profit (loss) for the period | 9904 | €6,955 | -€48,527 | -€55,483 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,955 | -€48,527 | -€55,483 |
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 10 October 2026 via checked.be.