S-E 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.
S-E Consulting
Largest movements
- Receivables within one year +€9,894
up €9,894 (+65.9%), from €15,006 to €24,900
of which Other amounts receivable: +€6,326
- Cash +€6,731
up €6,731 (+102%), from €6,592 to €13,323
mainly Net result for the year (+€10,140) and Tax, wage and social debts (+€4,071)
- Stocks and contracts -€3,375
no longer reported in 2025 (was €3,375)
- Deferred charges and accrued income -€2,500
down €2,500 (-25.0%), from €10,000 to €7,500
- Tangible fixed assets -€531
down €531 (-25.0%), from €2,123 to €1,592
- Reserves +€10,140
up €10,140 (+41.0%), from €24,760 to €34,901
- Advances received -€4,084
no longer reported in 2025 (was €4,084)
- Tax, wage and social debts +€4,071
up €4,071 (+125%), from €3,252 to €7,323
- Gross operating margin +€15,120
up €15,120, from -€1,903 to €13,217
- Taxes +€1,965
new in 2025: €1,965
- Financial charges -€1,714
down €1,714 (-92.9%), from €1,846 to €132
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 | €37,096 | €47,316 | +€10,219 | +27.5% |
| Fixed assets | 21/28 | €2,123 | €1,592 | -€531 | -25.0% |
| Tangible fixed assets | 22/27 | €2,123 | €1,592 | -€531 | -25.0% |
| Furniture and vehicles | 24 | €2,123 | €1,592 | -€531 | -25.0% |
| Current assets | 29/58 | €34,973 | €45,724 | +€10,750 | +30.7% |
| Stocks and contracts in progress | 3 | €3,375 | - | -€3,375 | |
| Contracts in progress | 37 | €3,375 | - | -€3,375 | |
| Amounts receivable within one year | 40/41 | €15,006 | €24,900 | +€9,894 | +65.9% |
| Trade receivables | 40 | €14,534 | €18,102 | +€3,568 | +24.5% |
| Other amounts receivable | 41 | €472 | €6,799 | +€6,326 | +1,340% |
| Cash at bank and in hand | 54/58 | €6,592 | €13,323 | +€6,731 | +102% |
| Deferred charges and accrued income | 490/1 | €10,000 | €7,500 | -€2,500 | -25.0% |
| Total equity and liabilities | 10/49 | €37,096 | €47,316 | +€10,219 | +27.5% |
| Equity | 10/15 | €29,760 | €39,901 | +€10,140 | +34.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,760 | €34,901 | +€10,140 | +41.0% |
| Distributable reserves | 133 | €24,760 | €34,901 | +€10,140 | +41.0% |
| Amounts payable | 17/49 | €7,336 | €7,415 | +€79 | +1.1% |
| Amounts payable within one year | 42/48 | €7,336 | €7,415 | +€79 | +1.1% |
| Trade debts | 44 | - | €92 | +€92 | |
| Suppliers | 440/4 | - | €92 | +€92 | |
| Advances received on contracts in progress | 46 | €4,084 | - | -€4,084 | |
| Taxes, remuneration and social security | 45 | €3,252 | €7,323 | +€4,071 | +125% |
| Taxes | 450/3 | €3,252 | €7,323 | +€4,071 | +125% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €531 | €531 | = | 0.0% |
| Other operating charges | 640/8 | €454 | €449 | -€5 | -1.1% |
| Gross operating margin | 9900 | -€1,903 | €13,217 | +€15,120 | |
| Operating profit (loss) | 9901 | -€2,888 | €12,237 | +€15,125 | |
| Financial income | 75/76B | €35 | - | -€35 | |
| Recurring financial income | 75 | €35 | - | -€35 | |
| Financial charges | 65/66B | €1,846 | €132 | -€1,714 | -92.9% |
| Recurring financial charges | 65 | €1,846 | €132 | -€1,714 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,699 | €12,106 | +€16,805 | |
| Income taxes | 67/77 | - | €1,965 | +€1,965 | |
| Profit (loss) for the period | 9904 | -€4,699 | €10,140 | +€14,839 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,699 | €10,140 | +€14,839 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.